KEY TAKEAWAYS
- Decentralized science (DeSci) is emerging as a solution to overcome traditional scientific challenges by leveraging open infrastructure and decentralized funding.
- EDU Chain, in collaboration with Open Campus, is facilitating DeSci projects by providing access to academic networks and technical resources.
- The Open Campus Foundation is offering grants up to $10,000 for DeSci projects, with a total funding pool of $1 million in EDU tokens.
- Micro-grant recipients can join the Open Campus Incubator, gaining further funding opportunities and exposure to venture capitalists.
Science is at a pivotal moment, with traditional systems and institutions showing signs of aging. Researchers today face significant challenges that threaten the progress of scientific advancement. These challenges not only impact academia but also delay life-saving discoveries and hinder promising research due to lack of funding and bureaucratic hurdles.
In response, a new vision for science is emerging through decentralized science (DeSci), built on three fundamental pillars: Open Scientific Infrastructure, Decentralized Research Funding & Impact, and Scientific Knowledge Creation & Verification. This vision aims to create a robust infrastructure and ecosystem for scientific innovation.
EDU Chain’s Role in Decentralized Science
EDU Chain, along with Open Campus, is actively involved in integrating DeSci into education and research. By leveraging existing academic networks and technical infrastructure, EDU Chain provides a foundation for building DeSci projects. The platform offers immediate access to a university network, developer ecosystem, and technical resources.
Key areas for development on EDU Chain include a Decentralized Lab Equipment Network, Scientific Data Marketplace, and Research Compute Network. Additionally, projects can explore Research DAO Infrastructure, Scientific Impact Markets, and IP Tokenization Platforms, among others.
Funding Opportunities for DeSci Projects
The Open Campus Foundation is offering grants to support the development of DeSci projects on EDU Chain. Grants of up to $10,000 each are available, with a total cap of $100,000 for micro-grants. Applications must be submitted by December 5, 2024, and all grants will be paid in EDU tokens.
Micro-grant recipients will have the opportunity to join the Open Campus Incubator (OCI), a 12-week remote program designed for high-impact developers. Participants can receive up to $100,000 in grant funding and pitch their projects to venture capitalists. The foundation has allocated a total of $1 million in EDU tokens for DeSci grant funding, including both micro-grants and OCI grants.
For more information on how to apply, interested parties can refer to the announcement here.
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