DeSci Ep #5: An Investor’s Perspective on DeSci—with James Sinka of Orange DAO

Why invest in decentralized science? James Sinka is a classically trained chemist and materials engineer and DeSci investor at Orange DAO, a fund for crypto projects supported by an alliance of Y Combinator alumni. On this episode of Boost VC, James joins us to discuss where he sees opportunities in DeSci, describing the benefit of publishing null results and how open science helps us get to the truth more quickly. James explains how the Orange Fund and Orange DAO work together to finance crypto projects and shares his advice to scientist-founders on generating your own luck through action. Listen in for James’ insight on the first use cases for decentralized science and learn how investing in DeSci can democratize access to research and help rebel scientist-entrepreneurs ship products in the real world! Topics Covered How James defines scienceProcess to uncover truths about worldNot an institution of truth What attracted James to DeSciBenefits of publishing null resultsLess wasted science effort and money How James got into cryptoExposed to Bitcoin in collegeOffers financial freedom to bet on self How Orange DAO works$50M fund for crypto projectsY Combinator alum support efforts James’ advice for foundersBias toward actionBe willing to be wrong Where James sees opportunity in DeSciFree flowing access to informationGet to truth more quickly What’s wrong with academic science nowResearch for prestige, not passionValue determined by citation numbers How the Alzheimer’s fraud happenedConflict of interest at NIHNo reverse accountability system What inspires James to invest in DeSciPush boundaries of scientific researchHelp scientists build real products James’ take on the first use case for DeSciData warehousing (null results)New forms of publication open to all James’ definition of successTime, space and resourcesAbility to do what you love Connect with James Sinka Orange DAO https://www.orangedao.xyz/Orange DAO on Discord https://discord.com/invite/DVncb7UxGBOrange DAO on Snapshot https://snapshot.org/#/orangedaoxyz.ethOrange DAO on Etherscan https://etherscan.io/token/0x1....bBD79f1Ecb3f2cCC586A DAO on OpenSea https://opensea.io/collection/alumni-gemsOrange DAO on Twitter https://twitter.com/OrangeDAOxyzJames on Twitter https://twitter.com/jamessinka   Resources Through the Wormhole https://www.imdb.com/title/tt1513168/Y Combinator https://www.ycombinator.com/NEAR Protocol https://near.org/Algorand https://www.algorand.com/Blockchain Capital https://blockchain.capital/The Memo by Howard Marks https://link.chtbl.com/thememobyhowardmarks