6 DeSci tokens worth paying attention to

Popular blogger in the crypto community Crypto Stream shared with subscribers a list of six promising DeSci tokens. We tell you which coins and why, in his opinion, investors should pay attention.

What is DeSci

DeSci (Decentralized Science) is a direction that involves the use of blockchain to finance scientific research and knowledge management without intermediaries. Tokens of such projects, as a rule, combine the ideas of decentralization and financing of science.

The goal of DeSci projects is to help market participants find new ways to monetize research and involve people in scientific initiatives. The cryptocurrency of such platforms, despite its simplicity, creates additional opportunities for attracting capital. At the same time, the legality of such crypto projects, since they often violate copyright laws, raises questions.

High volatility, weak infrastructure and possible legal problems make DeSci tokens extremely risky. At the same time, timely investments in promising coins can bring good profitability.

Top DeSci tokens

The blogger believes that there are several promising DeSci tokens on the market now. Here are the coins he thinks are worth paying attention to:

$RIF ($243 million capitalization) is the first token of the Pump Dot Science platform. The project became an experiment, the task of which is to find out how long the coin can remain relevant. $RIF was recently added to the Bybit Futures listing. Coin is one of the leaders of DeSci. Cryptocurrency stands out due to its unusual concept and place in the listing of a large exchange.

$URO ($117 million capitalization) is the second project of Pump Dot Science. The token is cheaper than $RIF and is actively growing in price, but is losing to the leader in popularity and recognition. $RIF has more supportive investors and higher trading volume. The author notes that the token is showing good results, but still remains a minor player.

$SCIHUB ($37 million capitalization) is a token dedicated to the Sci-Hub project. This resource provides scientists with access to scientific articles, but violates copyright. As of the time of writing this review, the platform team has neither confirmed nor denied involvement in the launch of the coin.

$PRO And $ANTI ($22 million total capitalization) – a pair of tokens with unique mechanics. Their prices depend on each other: reducing the price of one automatically increases the price of the other. The mechanism attracts traders interested in arbitrage. The trading volumes of the coins make them useful for farming in the $PRO/$ANTI pair. The project looks promising, but, according to the author, there are too many risks. Tokens have neither a website nor a Telegram channel.

$SL ($6 million capitalization) – a token in support of the Society Library Foundation. Half of the tokens were donated to a foundation that creates educational materials. The support of the project by Sean Mann, co-founder of the AI16Z venture fund, attracted the attention of the community to $SL. The success of the token depends on how the company manages its funds and how actively it promotes the project.

Stay informed! Subscribe to World Stock Market in Telegram.