Sora Ventures champions decentralized science with investment in ResearchHub | Headlines | News | CoinMarketCap

08/15/2023 00:51
Sora Ventures champions decentralized science with investment in ResearchHub | Headlines | News | CoinMarketCap

Crypto investment firm Sora Ventures has invested an undisclosed sum in Coinbase CEO Brian Armstrong-backed decentralized science (DeSci) firm …

Crypto investment firm Sora Ventures has invested an undisclosed sum in Coinbase CEO Brian Armstrong-backed decentralized science (DeSci) firm ResearchHub, the firm told CryptoSlate in a statement.

ResearchHub is one of the most dominant community platforms for researchers to open-source their works. The company allows users to earn crypto rewards, ResearchCoin (RSC), for contributing new knowledge to the scientific community.

Why Sora Ventures invested in DeSci

Jason Fang, the managing partner of Sora Ventures, said the Asia-based venture capital firm was in the decentralized science sector because they consider it the next prominent innovation within the web3 space.

DeSci describes the idea of open-sourcing science-based projects to create communities that can finance their goals. …

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