Crypto Altruists: Real-World Stories of Social & Environmental Impact with Web3

Episode 195 - Molecule - Decentralizing Science - How Web3 and Crypto are Reshaping Scientific Discovery

Mar 11, 2025
Benji Leibowitz, COO at Molecule and co-founder of pump.science, is revolutionizing the Decentralized Science (DeSci) movement by leveraging blockchain to democratize research funding. He discusses how traditional funding models are failing, especially amid NIH cuts, and highlights the potential of IP tokens and crypto to foster independent research. The conversation also reveals how DeSci enhances transparency and engagement in scientific discovery, and introduces innovative funding mechanisms that invite broader community participation.
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INSIGHT

Systemic Issues Limit Science

  • Scientific progress is limited by systemic issues, not the science itself.
  • Funding and intellectual property transactions are major bottlenecks.
INSIGHT

Funding Biases Research

  • Scientists tailor research to funding sources, not their best ideas.
  • Public funding prioritizes low-risk research, hindering breakthroughs.
ANECDOTE

Spotify vs. SoundCloud Funding Models

  • On Spotify, artists' pay depends on total listens, favoring big names over smaller artists with dedicated fans.
  • SoundCloud directs subscription money based on individual listening habits, supporting niche artists.
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