Sei Foundation launches $65 million DeSci venture fund 'Sapien Capital'

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DeSci, or blockchain-powered science, is viewed as a way to expand access to scientific research funding, enable open data sharing and ensure fair compensation for scientists. Unlike traditional research institutions, where centralized entities control funding distribution, DeSci shifts power to decentralized communities. Using mechanisms like decentralized autonomous organizations (DAOs), funding decisions are made transparently on-chain and research data is openly shared.

While DeSci as a concept has been around since 2021, its traction has grown notably in recent months

Sei Foundation launches $65m DeSci venture fund