Pump Science Combines DeSci with Memecoins
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Following the success of GOAT and other AI Agent memecoins, traders are slowly dipping their toes back into the “tech-focused” side of crypto with a DeSci-Memecoin hybrid dubbed Pump Science.
The platform allows users to launch and test “longevity experiments” of drugs and chemical compounds, which creates new fundraising mechanisms for drug developers.
The Pump Science documentation states, “To fund the experiment for a particular intervention, drug devs launch a token, which represents fractional rights to the cocktail, and is sold to pay for the experiments. The rights to the interventions developed on the platform can be licensed, and the interventions sold as supplements or research chemicals.”
The process begins with developers submitting interventions for testing, which results in a Pump.Fun token being launched with a set amount of tokens held by the team. After the market capitalization reaches certain milestones, some tokens are automatically sold to fund the next experiment.
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The tests are then run and streamed to users by partnered biology labs Ora Biomedical or Tracked Biotechnologies. Based on the results, chemical suppliers can purchase the rights to the memecoin-funded interventions.
The lifecycle of these tokens can result in expedited and efficient fundraising for the DeSci sector, which was largely struggling with a total market capitalization of under $1 billion before the advent of Pump Science.
So far, only two tokens have been approved officially by Pump Science, RIF and URO, representing Rifampicin and Urolithin A. Both are trading over a $100 million market capitalization, and RIF is up over 200x in the last 3 days.
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