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Molecule

Molecule  

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Blockchain Service

Status

Market Data Unavailable

General Info

Funds and Backers

Description

Molecule, a platform facilitating funding for medical research projects through decentralized autonomous organizations (DAOs)

What is Molecule?

Molecule is part of a nascent movement called decentralized science (DeSci) that emerged from web3

It's this idea of trying to take an industry that is anti-collaborative and monopolistic and figure out a way to open that to a broader group of people who have the most skin in the game

Molecule aims to build this ecosystem through its platform, a marketplace for researchers to list projects which are non-fungible tokens (NFTs) intended to signal intellectual property. Current projects on the platform include a Newcastle University study into molecular aging and a University of Copenhagen project into longevity. These projects receive funding via DAOs, usually in a stablecoin such as USDC

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