**Investment in DeSci Projects: What and Which Ones?**
**DeSci** stands for **Decentralized Science**, a concept where blockchain technology is used to revolutionize scientific research and data sharing. Confused? Let’s explain this in a simple.
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### **What is DeSci?**
Think of it as a new technology in your area that makes local tasks easier, like how “Careem” became a competitor to Uber but more localized. Similarly, DeSci leverages blockchain to decentralize science and research, allowing scientists and researchers to tokenize their work and earn money without middlemen like VCs, governments, or large institutions.
It’s like a new fast food joint in your neighborhood. If it does well, it could compete with McDonald’s. Each project has its own budget (market cap) and scale. If the market cap is low (under $5M), it means the project is in its early stages. If it succeeds, your investment can multiply—but remember, early-stage projects carry high risk.
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### **Examples of DeSci Projects**
1. **DeSci Agents**
Example: A startup using AI and blockchain to tokenize medicines and chemicals. Its current Fully Diluted Valuation (FDV) is $270k with no VC backing, making it a high-risk, high-reward project.
2. **Plume Network**
Example: A large network connecting various platforms, with $20M in funding and 3.75M active users. Think of it as the Careem competing against Uber.
3. **DNA**
Example: A medical lab bringing its data to the blockchain. With 7 years of experience and $8M in revenue, it’s launching today. Research quickly!
4. **OPM**
Example: A new company launching on Ethereum while others opt for Solana. It’s like opening McDonald’s while others are making bun kebabs.
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### **Market Cap and Supply Explained**
1. **Market Cap**
A low market cap (under $5M) means the project is in its early stages, offering a low entry price and high reward potential if it succeeds.
2. **Supply**
Low token supply means prices can rise faster. It’s like a rare item—if it’s hard to get, its value increases as demand grows.
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### **Step-by-Step Guide: How to Invest**
#### 1. **Setting Up a Wallet**
- **Create a MetaMask Wallet**:
1. Google “MetaMask Wallet Download” (only from the official website).
2. Install the browser extension or mobile app (Chrome, Firefox, Android, or iOS).
3. Click “Create a New Wallet.”
4. Secure your **Seed Phrase** (12-24 words)—this is your recovery key. Write it down and store it safely.
5. Set a strong password.
- **Recovering with Seed Phrase**:
If MetaMask or Trust Wallet shuts down:
- Install another wallet like SafePal.
- Use your seed phrase to recover your funds.
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#### 2. **Transferring USDT**
1. Transfer **USDT (TRC20)** from an exchange (e.g., Binance) to your wallet:
- Log in to the exchange.
- Withdraw USDT to the wallet address you created on MetaMask or Trust Wallet.
- Choose **TRC20** for lower fees.
- Confirm the transaction.
2. Use USDT to invest in projects:
- Connect your wallet to a DEX like SushiSwap or PancakeSwap.
- Paste the project’s token address and buy tokens with USDT.
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#### 3. **Research Using DEX Screener**
1. Search “DEX Screener DeSci Projects” on Google:
- This platform shows token prices, liquidity, and market cap.
- Analyze market trends.
2. What to look for in research:
- **Volume**: High trading volume indicates good liquidity.
- **Market Cap**: Low-cap projects offer high rewards but carry more risk.
- **Team**: Verify team members via LinkedIn.
- **Community**: Check activity in Telegram and Twitter groups.
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#### 4. **Why Do Projects Fail?**
1. **Scams**:
If the team’s background isn’t verified, your investment could disappear.
2. **Market Dump**:
Retail traders may sell off tokens when prices rise.
3. **Tech Issues**:
If the blockchain technology fails, the project collapses.
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### **Warnings**
- Never invest your savings. Only use money you’re prepared to lose.
- Crypto is volatile, and 90% of projects fail.
- Educate yourself and invest wisely.