What is a biotech Dao?

Biotech DAOs can coordinate talent, enable decentralized fundraising and governance, or help create standardized methods of data collection and production, among other things. They can be philanthropic or for-profit.

What do biotech DAOs have in common?

One element that all biotech DAOs have in common: they address a problem that has so far been unsolvable given the lack of incentive mechanisms for widespread collaboration in biotech. To better understand this, we can take an example — VitaDAO, the first biotech DAO birthed by Molecule.

What is a bio Dao?

Imagine patient- and researcher-centric Bio DAOs focused on Alzheimer’s research, specific types of cancers, or diabetes with tight feedback loops and collaboration between patients and researchers during the entire end-to-end drug development process, from funding to licensing and beyond.