PoSciDonDAO $SCI is a decentralized platform funding personalized medicine research using blockchain technology. More
Fully Diluted Valuation | $13.02M |
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24H Trading Volume | $6,960 |
24H Low / High | $0.66 / $ 0.69 |
Circulating Supply | 4.09M |
Total Supply | 18.91M |
Max Supply | 18.91M |
Categories | Base Ecosystem 1 more |
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Founder | Anonymous |
Website | poscidondao.com |
Socials | 2 more |
Chains | Base Ecosystem |
Explorer | Basescan |
Contracts |
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Name | Pair | OG Score |
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PoSciDonDAO $SCI is a pioneering Decentralized Autonomous Organization (DAO) dedicated to funding personalized medicine research for life-altering diseases such as cancer, Alzheimer’s, and multiple sclerosis. By leveraging blockchain technology, PoSciDonDAO $SCI aims to address systemic inefficiencies in traditional research funding, such as political bias, favoritism, and centralized control. The organization operates on the PoSciDonDAO Protocol, a set of smart contracts deployed on the Base network, a layer-2 solution built on Ethereum. This infrastructure ensures transparency, decentralization, and reduced transaction costs, making it an ideal platform for funding scientific innovation.
At its core, PoSciDonDAO $SCI focuses on bridging the gap between academic research and industrial commercialization. The DAO primarily funds early-stage, pre-patented projects from academic research groups, private labs, and biotech startups. With a team of experts in virology, immunology, oncology, biotechnology, and epidemiology, PoSciDonDAO $SCI is uniquely positioned to assess and support projects with the potential to revolutionize personalized medicine.
Key Features of PoSciDonDAO $SCI
Dual-Token Incentive Model
PoSciDonDAO $SCI introduces a unique dual-token system comprising SCI and PO tokens:
SCI Token: The tradable governance token that grants voting rights to members. SCI token holders can participate in decision-making processes, including funding allocation and operational strategies.
PO Token: A non-tradable NFT awarded to members for governance participation. PO tokens can be exchanged for SCI tokens and other rewards, such as merchandise, conference tickets, and discounts on future products.
On-Chain Governance
PoSciDonDAO $SCI employs a transparent governance structure where members lock SCI tokens to gain voting power. Proposals are reviewed and voted on by the community, ensuring a democratic and decentralized decision-making process. Quadratic Voting (QV) is also implemented for certain proposals to prevent dominance by large token holders.
Crews for Specialized Contributions
PoSciDonDAO $SCI operates through specialized "crews" that focus on different aspects of the DAO:
Due Diligence Crew: Reviews and selects high-quality research projects for funding.
Operations Crew: Manages awareness and organizational tasks.
Legal Crew: Handles intellectual property and legal matters.
Governance Crew: Oversees the DAO's governance framework.
Tokenomics Crew: Develops and manages the token economy.
Business Model
PoSciDonDAO $SCI generates revenue through multiple streams:
A 1% buy and sell fee on SCI token transactions.
Commercialization of data assets and intellectual property generated by funded research.
Equity investments in biotech companies.
Ownership of patents and intellectual property from long-term research projects.
Base Network Integration
The PoSciDonDAO Protocol is built on the Base network, offering faster transaction speeds, lower fees, and compatibility with Ethereum's ecosystem. This ensures scalability and efficiency for the DAO's operations.
On-Chain Donations
PoSciDonDAO $SCI allows donors to contribute directly to research projects using ETH or USDC. Over 95% of the funds go directly to the selected projects, minimizing intermediaries and maximizing impact.
Use Cases
Funding Personalized Medicine Research
PoSciDonDAO $SCI supports early-stage research projects that focus on personalized medicine, enabling the development of targeted therapies tailored to individual genetic profiles. This approach has the potential to significantly improve treatment success rates for complex diseases.
Commercialization of Intellectual Property
By funding innovative research, PoSciDonDAO $SCI secures partial or complete ownership of intellectual property (IP) generated by these projects. The DAO's Due Diligence and Legal Crews work to maximize the patentability and commercialization potential of scientific findings.
Democratized Research Funding
Through its decentralized governance model, PoSciDonDAO $SCI empowers its community to decide which projects receive funding. This eliminates traditional barriers and biases in research funding, fostering a more inclusive and innovative ecosystem.
Incentivizing Community Participation
The dual-token model ensures long-term engagement by rewarding members for their participation in governance and other DAO activities. This creates a sustainable and active community dedicated to advancing personalized medicine.
Founders, Backers, and Partners
PoSciDonDAO $SCI is led by a team of experts in various scientific fields, including virology, immunology, oncology, biotechnology, and epidemiology. Their collective expertise ensures that the DAO can identify and support projects with the highest potential for impact.
The project is backed by a growing community of decentralized science (DeSci) enthusiasts, scientists, and investors who share a vision of democratizing research funding. Additionally, PoSciDonDAO $SCI collaborates with weDEA, an intellectual property framework that helps manage and commercialize the IP generated by funded projects.
Conclusion
PoSciDonDAO $SCI represents a groundbreaking approach to funding personalized medicine research. By combining blockchain technology, decentralized governance, and a dual-token incentive model, the DAO addresses critical challenges in traditional research funding. With its focus on transparency, inclusivity, and innovation, PoSciDonDAO $SCI is poised to redefine the future of scientific research and commercialization.
PoSciDonDAO $SCI uniquely funds early-stage personalized medicine research through a decentralized, transparent DAO model.
The founders of PoSciDonDAO $SCI are anonymous.
PoSciDonDAO $SCI collaborates with weDEA, an intellectual property framework for managing and commercializing IP.
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