# Decentralized Funding and Research Project Management

Decentralized Funding Modelsare fundamental toDesci, where research projects are funded via platforms like DAOs (Decentralized Autonomous Organizations),enablingcommunity members to decide how financial resources are allocated to research.

These funds are not controlled by centralized organizations but are managed and distributed based on collective, transparent, and equitable decision-making.

**Community Size and Incentive Systems**

Thecommunity sizeandincentive systemsare key to maintaining and growing the decentralized scientific ecosystem. Community members receive rewards (often in tokens) for their contributions to research, peer reviews, data sharing, or funding.

These systems create financial and social incentives for researchers, contributors, and funders to remain engaged and advance scientific development in a decentralized environment.

**Open Protocols & Standards**

Open protocols and standardsenable seamless interaction and data exchange across decentralized scientific ecosystems. This is crucial for fostering global collaboration among scientists, research organizations, and various decentralized platforms.

Open standards ensure that works and data can be easily shared and utilized, regardless of specific platforms or companies.

**Decentralized Science Platforms**

Desciplatformsare online tools and services that provide collaborative environments for scientists to share, validate, and develop research without being controlled by traditional publishers or centralized scientific journals. Examples include decentralized data storage platforms, research document search tools, or open peer review communities.

**Artificial Intelligence and Machine Learning Applications**

AI and Machine Learningcan be integrated intoDescito automate data analysis processes, identify patterns in research, and optimize funding distribution. AI algorithms can also help verify the reproducibility of research results.

**Publishing and Sharing Research Results**

Smart contractscan be used to publish and share research outputs. Through smart contracts, scientists can upload their research papers to decentralized platforms (like IPFS orArweave) without relying on traditional scientific journals, while ensuring intellectual property rights and recognition for their work.

Examples:

Scientist Bhas just completed a new research project and wants to publish the results. Instead of submitting the paper to scientific journals and paying publication fees, they can upload the paper to a decentralized storage platform (like IPFS).

**Thesmart contractwill ensure that:**

Scientist B will receive a token or financial reward from the community (investors, users) when the work is recognized and widely shared.

The intellectual property of the scientist will be protected by recording the paper on theblockchain, verifying the date and authorship of the work, which cannot be altered.

**Managing and Distributing Rewards in Scientific Research**

Another application of smart contracts inDesciis managing and distributing rewards or tokens to contributors in scientific research. This can be applied in open research projects or decentralized organizations (DAOs) where members contribute to the research work.

For example:

A group of scientists collaborates on an open medical research project. They can use smart contracts to share the work, track progress, and automatically distribute rewards to participants based on their contributions.

**Thesmart contractcan define:**

Who contributed to the research work (e.g., writing papers, providing experimental data, working in the lab).

The rewards (tokens or cash) will be distributed based on each member's contribution.

Conclusion:

The core components ofDesciform a decentralized scientific ecosystem where researchers, funders, and communities can collaborate and engage in scientific projects transparently and fairly.Blockchaintechnologies,DeFi, tokens, along with open platforms and protocols, are key factors in building a scientific environment not controlled by intermediaries, thereby accelerating and sustaining scientific progress.

**4. HowDesciWorks**

The operation process ofDesci(Decentralized Science) can be divided into specific steps, each utilizingblockchaintechnology and decentralized models to reform traditional scientific processes, from research funding, publishing work, to peer review and data sharing. Below is the detailed operational process ofDesci:

**Starting Research and Project Initialization**

**Initiating a Research Project** : The researcher or research team creates a new research project, clearly defining objectives, methods, and desired outcomes. This project can be initiated on a decentralized platform such as DAO (Decentralized Autonomous Organization) or aDesciplatform.

**Creating a Smart Contract** : The researcher can create a smart contract to define the terms of funding, research duration, and related conditions. The smart contract ensures that funds are distributed automatically and transparently, adhering to the pre-agreed terms.

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**Research Project Funding**

Crowdfunding: One of the key features ofDesciis decentralized funding. A research project can raise funds through decentralized platforms where donors can participate by contributing money or resources. Researchers can also raise funds through DAOs.

Funding Allocation Decision: DAO members or the funding community can vote and participate in funding allocation decisions for research projects. This creates a transparent and fair funding system, not controlled by centralized funding organizations.

Distributing Funding via Smart Contracts: Once funding is approved, the funds will be distributed automatically through a smart contract. This ensures that the funding process is not delayed or interfered with by intermediaries.

**Conducting Research and Data Storage**

Conducting Research: Researchers carry out the research according to the outlined plan. The results and data obtained during the research are stored and shared immediately on the distributed platform.

Storing Data onBlockchain: Research data, including experiments, methods, results, and any important information, will be stored on theblockchain. This ensures the data is immutable and provides the opportunity for the scientific community to verify and reuse the data.

Distributed Storage: To protect data from loss or alteration, it can be stored on distributed storage systems like IPFS (Interplanetary File System). This enhances the security and protection of research data.

**Peer Review and Approval of Research**

Open Peer Review: After completing a research project, it will be sent to other experts in the scientific community for peer review. However, what differentiatesDesciis that this system is open and public, allowing researchers to access feedback and comments from the community transparently.

Storing Feedback and Changes: All evaluations, feedback, and decisions during the peer review process are recorded and stored on theblockchain, ensuring the entire process is transparent and can be checked at any time.

Modifying the Work: If necessary, the research work will be edited and updated based on feedback from the community or experts. These changes will also be recorded and made public for verification.

**Publishing and Releasing Work**

Publishing Research: Once the work is reviewed and approved, it can be published on a decentralized scientific platform, making it accessible to a wider community without being restricted by traditional publishers or paid journals.

Open Access: The published scientific work can be shared freely with everyone, from researchers to the general public, creating opportunities for anyone to engage in learning and scientific development.

Tokenizing the Work: Scientific work can be tokenized, meaning that tokens are created to represent access, ownership, or value of the work. Users can buy, sell, or trade these tokens on decentralized platforms.

**Rewarding and Incentivizing Contributions**

Rewards for Contributions: Researchers, reviewers, funders, and other contributors to the research process can receive tokens as a reward for their participation.

Financial Incentives and Recognition: Token rewards can be reinvested into other research projects or traded on exchanges. These rewards can also be a way to recognize the contributions of individuals in the scientific community.

Motivation for Participation: This token system creates a financial incentive for all participants (researchers, reviewers,funders), motivating them to contribute positively to research projects and improving the quality of research.

**Expanding and Growing the Scientific Community**

Expanding the Research Community:Descinot only focuses on developing scientific projects but also encourages global community participation in advancing science and research.

International and Interdisciplinary Collaboration: Thanks to decentralized platforms and DAO systems, scientists from around the world can collaborate, share ideas, and resources without being bound by national or organizational limits.

**Verifying and Reproducing Research**

Reproducibility Check: Researchers can access publicly released research results and try to replicate them to check their accuracy and reproducibility.

Community Rechecking Results: Research results can be reexamined by the scientific community, ensuring that conclusions are accurate and error-free.

Conclusion:

Descioperates through a decentralized process, where every step, from funding, research, peer review, publishing, to rewarding, is carried out through open and public platforms. Technologies likeblockchain, DAO, tokenization, and open peer review help create a transparent, fair, and more accessible scientific ecosystem. This process not only encourages collaboration and innovation but also reduces the control of intermediaries, creating research and creative opportunities for individuals in the global scientific community.

**5. Benefits ofDesci**

Desci(Decentralized Science) offers significant benefits to the scientific community, from improving research processes, publishing, and funding, to promoting transparency and global collaboration. Below is a detailed summary of the main benefitsDesciprovides:

**Higher Transparency and Security**

Immutable Data Storage: Usingblockchainto store data and research results ensures immutability. Data cannot be altered or deleted, protecting researchers' intellectual property and preventing data manipulation.

Transparency in Research Process: Every step in the research process (from data publishing to peer review) can be recorded and publicly checked on theblockchain, increasing trust and transparency in the scientific community.

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