US research institutions face funding crisis: Labs turn to crowdfunding for funding. Will DeSci usher in a new future?

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The U.S. scientific research community is facing an unprecedented funding crisis. According to foreign media outlets Chronicle and Science, the Trump administration's major policy adjustments to federal research funding have led to significant reductions or freezes in funding from institutions like the National Institutes of Health (NIH) and the Department of Defense (DOD).

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DeSci utilizes blockchain technology, decentralized networks, and open-source principles, aiming to break down the barriers of centralized research systems and promote a transparent, open, and collaborative scientific ecosystem. Through blockchain, research data, funding flows, and achievement attribution can be recorded transparently and immutably; decentralized storage makes data publicly accessible, reducing dependence on institutions. Additionally, DeSci provides funding for research projects through crowdfunding, decentralized autonomous organizations (DAOs), or tokenization methods, allowing the public to directly invest in scientific projects, which helps encourage public participation. The fundraising scale may potentially exceed national funding, and niche research may also attract investors willing to provide capital.

In summary, DeSci's advantages in scientific research funding lie in its transparency, fairness, and efficiency. Researchers can bypass traditional funding institutions and directly obtain support from the global community, and public participation can further enhance the social impact of scientific research. Although it is difficult to replace the stability and professionalism of national funding systems in the short term, as cryptocurrency and blockchain technology continue to advance towards mainstream finance, DeSci's potential may not have been fully realized yet.

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