What does a biodao do?

They typically focus on a specific scientific or medical area, and use the power of a globally distributed collective of stakeholders (e.g., patients, scientists and biotech builders) to accelerate the R&D process and develop new IP. BioDAO members pool together resources (data, capital, labor) for the mission of the DAO.

What makes a successful biotech Dao?

Shared Governance: Successful DAOs receive shared governance rights in bio.xyz, fostering a collaborative ecosystem. Technical Support: Web3 expertise is not required, just the will to learn. The program offers a suite of technical frameworks and resources to facilitate the launch and maintaince of biotech DAOs.

How do I get funding for a biodao?

You get sent the first tranche of funding, based on hitting your milestones necessary for the launch of a BioDAO. bio.xyz is a biotech DAO launchpad that will fund and accelerate future builders in decentralized biotech.