This document discusses the current status and potential future of blockchain and cryptoeconomics in science. It begins by defining blockchain as a distributed, decentralized, and immutable way to organize online services and records in a transparent manner without a central authority. It then discusses how blockchain could transform how scientific research is conducted by making the research process more open, transparent, and incentivized through cryptoeconomic mechanisms like tokens and smart contracts. Some specific areas discussed include storing and timestamping research data immutably on blockchain, processing data through smart contracts, decentralized peer review and publication, and new forms of decentralized research funding like initial coin offerings. However, challenges are also noted around technical implementation, governance, and addressing real issues of control over