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Sora Ventures has launched a $150 million fund to emulate MicroStrategy's bitcoin strategy as a key reserve asset to optimize financial strategies. The fund will target companies listed on major stock exchanges in Japan, Hong Kong, Thailand, Taiwan, and South Korea.…

SORA Ecosystem Updates #82, November 25, 2024 You Are Here Welcome to the Autumn edition of the SORA Ecosystem Updates! This month, there has been amazing progress. ALT is now live on the network, and there have been several runtime updates since we last updated you on what is going on. Progress on bridges this month is also quite significant. The multi-EVM bridge and TON are currently being worked on, so the outlook is very exciting!

REAL To improve user experience, the following trading pairs will be removed from Bitget spot trading bots on December 6, 10:00 AM (UTC): ARTY/USDT, OFN/USDT, REACH/USDT, ASM/USDT, BBL/USDT, SOPH/USDT, ORBK/USDT, SORA/USDT, VIA/USDT, LITT/USDT, F3/USDT, GRPH/USDT, TIME/USDT, COM/USDT, AINN/USDT, NVIR/USDT, TSUKA/USDT, ABT/USDT, WNXM/USDT, GMEE/USDT, WALV/USDT

DeSci crypto projects can be aimed at different disciplines and fields. For example, some companies are using new ways to theorize and develop solutions to produce exciting products like an advanced AI trading bot or a fully autonomous artificial intelligence agent that provides a wide range of services to end users. The focus of these platforms is not necessarily on the blockchain industry itself. Many fund promising biotech and engineering teams or offer unique computational solutions to smaller teams of scientists working on technologies that may not have an apparent practical application. It is possible that we are entering a new era of free and accessible scientific methods thanks to the proliferation of solutions offered by democratized DeSci DAOs and decentralized data networks What is DeSci? The traditional approach to science is less efficient that we require it to be for the rapid development and deployment of newly discovered technologies. The problem lies within the Valley of Death which is a term often used by scientists struggling to procure funding for promising projects that require additional spending before materializing into something that can be practically used by various industries. The valley is the place between the start of one’s journey in some university that outlines the path to the technology and the final step in R&D that directly leads to the implementation of a discovered tech. The beginning and end of the process are funded by the academia and the business or government respectively. The middle ground often must be walked by scientists without any support. The new generation of scientists hope to solve the issue by providing the necessary digital and physical infrastructure to ensure that scientists with promising ideas can receive all the resources and funding they need to conclude their work. Here are key areas of interest for the this industry: Efficient data sharing. By effortlessly sharing findings, massive volumes of data for analysis, and other useful information, the scientific community can work at much higher speeds and produce verifiable and testable results quickly. Publishing findings. For decades, one of the biggest barriers for entry into the field of science for aspiring enthusiasts and young professionals have been the issue of publishing which is a tedious and lengthy process that slows down the pace of work and prevents efficient reviewing by peers. Searching for funds. DeSci is a democratic ecosystem where crowdfunding can be extremely efficient by allowing individual investors and enthusiasts to directly chip in and help promising projects to take off the ground. How DeSci coins work DeSci crypto tokens issued by platforms in question are focused on making science better in every way. These digital assets can be used in a variety of ways from governance voting to directly funding research. In many cases, the speculative nature of tokens allows them to perform well in the retail market and provide additional funding to platforms that can redirect them to scientists in a transparent way without any corruption and bureaucratic barriers. Note that many startups are not necessarily about funding promising teams and allowing the community to help them directly. For example, OriginTrail is a great example of a physical infrastructure network that provides computational power to people who want to train AI models and dive deep into topics related to machine learning. Other platforms may have cost-efficient data storage infrastructures allowing young academics to allocate massive volumes of data in a safe environment without overpaying for cloud services that can be quite expensive and make a big dent in the bottom line of an obscure project. The tokenization of this sector is hugely important since it offers a way to economic feasibility for DePIN platforms that offer efficient ways to conduct many processes to smaller teams that rely on cheap computational resources, energy, and data storage. Benefits of DeSci projects Many experts perceive this ecosystem as a way to revolutionize contemporary research methods and make them use time and resources more efficiently to reduce costs and expedite the introduction of new technologies. The current “rioting” of blockchain startups that want to escape the pressure from traditional institutions is caused by this all-encompassing desire of old-school academics to do things “the way it has always been done”. Here are reasons why the improvement of this industry can be incredibly useful for the whole world: Accessibility. In theory and practice, DeSci coins make it easier for the general pubic to participate in fact-finding and technology discovery meaningfully by providing resources to struggling teams looking for funding. Contemporary DePIN satellites within the industry designed to help scientists connect to peers, share information effortlessly, and use computational resources previously unavailable to them make a strong argument in favor of investing in promising tech. A great example of how this accessibility leads to ethically positive solutions is the Open Insulin Foundation that creates open-source insulin production protocols using blockchain. Better collaboration. The existing structure of the academia creates barriers to international and even cross-institutional collaboration making it hard to quickly find solutions to problems that require multiple perspectives to be approached effectively. Take Open Science Framework for example. It is a great digital environment that allows for transparent and collaborative operational practices by providing the necessary toolkit for data sharing, methodology development, and review of findings. Transparent work. Many academic findings are often corrupted by data tampering, cherry-picking statistics, and other issues caused by fraud and biases of centralized institutions. Safe and secure data handling and efficient sharing of information make all processes transparent and easily testable. For example, innovative methods of tracking of carbon offsetting and emissions by ClimateCoin promises to make our collective efforts aimed at battling the climate change effective and verifiable. Protection from biases. Centralized institutions and governments have their own agendas that often go against the purity of truth-seeking. The absence of central authorities makes it possible to fight off lobbyists and parties with biases who may try to create artificial barriers, discredit otherwise creditable work, or make funding their efforts harder. DeSci DAOs are managed by communities and allow a democratic and transparent approach to evaluating the validity and potential of any fact-finding effort. For example, DAOstack is a great platform that allows collective governance of funding. Innovative funding methods. Many DeSci crypto tokens are used to directly support development teams through a variety of ways from crowdfunding to staking. Some platforms are specifically created to enhance direct support to various aspiring projects. Giveth is cool platform that makes it possible for individuals and organizations to donate to promising teams using peer-to-peer transactions on various blockchain networks. The importance of The industry is a reflected in the growing number of successful decentralized science projects. In 2022, over 1.5 thousand of them were active and focused on solutions for healthcare, climate, technology, biotech, and more. In 2024, the number of projects is even higher and they are powered by blockchain for scientific research. Upcoming DeSci launches in 2024 The DeSci projects crowd is quite packed in 2024. With many companies focusing on providing solutions for enthusiasts interested exploring the field of machine learning and artificial intelligence, the interest toward DePIN projects focused on AI training, computing, and data storage has never been higher. Top DeSci crypto projects are the ones that promise practically applicable solutions and may have disruptive effect on existing industry models. Genomes.io Genomes made a lot of noise during the SORA summit in the end of 2023. The platform is an experimental environment dedicated to human genome. Users of the platform can earn money and donate to this important work directly while also earning rewards in native tokens from the ecosystem. End users can explore their genetic codes, identify health-threatening conditions, and secure their genetic information in personal vaults. $GENE is traded publicly and has a small $500 thousand market cap which is certainly not appropriate for such a fun and creative idea. Since the platform is interested in exploring the field of genetics further and plans to release other products that may interest the general public, Genomes.io has a strong potential for future growth. Data Lake The field of medical research can be quite challenging to navigate due to data inaccessibility and poor information sharing protocols. Data Lake is a for-profit organization that uses blockchain to build unique data sets, provide consultation services, and more. What puts it in this niche sector is the collection of anonymous health data sets that allow everyone to retrospectively analyze information about patient cohorts and test their theories using real information collected and stored in an efficient manner. $LAKE has a $8 million market cap and respectable daily trading volumes. The hype around the network is partially based on the success of the business model and the influx of corporate clients. Rejuve AI This company offers a way for everyone to take control over their lives. Rejuve AI is focused on longevity and better health and offers users a way to monitor various health factors including dieting, exercising, and more. The $RJV token is used to obtain discounts for trips, healthy shopping, medical procedures, and other activities that can help you prolong life. $RJV has a respectable $10 million market cap and has been quite volatile throughout its existence. The idea behind Rejuve is quite interesting and offers a variety of ways fordevelopers to access massive data sets. However, it is mostly a consumer-facing product attached to the idea of decentralization which does not make it less appealing to investors but may be a turn off for people concerned with ethics. Helice Prosthesis This is a highly interesting project that focuses on reducing the price of high-end bionics and mechanized prosthetics. The long-term goal is to make it possible for people who lost limbs or have failing organs to access modern healthcare solutions without overpaying for them. It is noble goal that many crypto enthusiasts are ready to support. Right now, $H is traded at the historical minimum due to the lack of meaningful developments. It does not mean that the team behind Helice is not moving. They just need a little push from investors and reach a couple of milestones to get back to its all-time high. Dynex Having access to computational resources is extremely important for contemporary teams who want to explore the world of artificial intelligence efficiently. Dynex is a great example of a next-gen technological platform that actually has something meaningful to offer to scientists who need supercomputers for various tasks. At the time of writing, Dynex is the second-biggest coin in the market (among peers) trailing behind only OriginTrail. $DNX has a $62 million market cap and positive price action dynamic indicating the growing interest to this platform from data scientists and Ai enthusiasts. OriginTrail This DeSci crypto project is the most successful in the industry thanks to its strong focus on delivering excellent AI-powered solutions to enterprises and governments. Among peers, this platform stands out thanks to its emphasis on deploying ready-made products tailored for specific needs of their clients. The token is on a positive trajectory as well. $TRAC has a $320 million market cap and solid daily trading volumes. Many retail investors are holding the token hoping for long-term appreciation. The speculative market for $TRAC is not as active as the one for Dynex or Hippocrat. How to use DeSci coins for research funding It is important to choose tokens that directly support specific types of scientific workif you want to enter the market due to personal beliefs and ethical concerns. Unfortunately, the vast majority of popular tokens in the industry are designed to support certain ecosystems instead of directly funding R&D efforts by aspiring science teams. On the other hand, investing in them that provide critical digital and physical infrastructure suitable for use by scientists is a great idea. Currently, computational power networks, data storage solutions, information sharing ecosystems, and energy-related platforms are in demand among scientists who need discounted access to these services. Funding can be done in a variety of ways. While it is possible to directly support aspiring researchers and scientists, investing in tokens that can help them reduce costs associated with crunching numbers and processing massive volumes of data can be just as valuable. How to profit from DeSci crypto tokens Speculative trading is the most obvious way to make money with DeSci tokens that usually have high spikes within the first three months after the initial launch. Long-term prospects of many tokens are uncertain and you don’t need to hold them for long if you do not feel the moral obligation to support the cause like in case with Helice. Using a crypto trading bot to work with digital assets like $TRAC or $DNX can be an interesting proposition for a retail investor. These tokens do not suffer from liquidity shortages, have a strong potential for short-term growth, and fluctuate strongly due to social media sentiment.