Currencies33130
Market Cap$ 3.07T-0.06%
24h Spot Volume$ 53.12B+52.2%
DominanceBTC60.77%+0.06%ETH6.93%-1.87%
ETH Gas0.65 Gwei
Cryptorank
Open report modalReport issue
Molecule

Molecule  

177 Watchlists

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

Trending Coins and Tokens Flame icon