New Funding and Innovation Models in Biotech: Combining Blockchain and Decentralized Coordination with Albert Anis
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New Funding and Innovation Models in Biotech: Combining Blockchain and Decentralized Coordination with Albert Anis
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Cryptocurrency and climate biotechnology might seem like an unusual pairing, but Albert Anis, founding steward of ValleyDAO, is showing this combination has remarkable potential. Decentralized autonomous organizations (DAOs) are creating entirely new funding mechanisms for scientists working on our planet's most critical challenges.
At the heart of ValleyDAO's approach is a radical rethinking of how intellectual property can be governed and commercialized. Through "IP NFTs" (non-fungible tokens representing intellectual property), communities of token holders can collectively participate in funding research, making governance decisions, and advancing technologies from lab to marketplace. By creating aligned communities around specific scientific innovations, ValleyDAO provides more than just funding – it delivers expertise, connections, and sustained support through the challenging commercialization process.
While traditional science funding faces significant cuts and challenges, new tools like AI and crypto could help create opportunities for bottom-up innovation. This tension is precisely where transformative new approaches can emerge.
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