It’s 2024, and nobody has lived previous 150 years. Methuselah lived near 1,000 years in biblical instances, and so did Noah.
Many individuals need to reside life and age gracefully like these Biblical figures. The issue is, none has been profitable.
For hundreds of years, the human lifespan continues to hover round 100 years. In truth, in Europe, you’ll be fortunate in case you reside previous 83 years, in accordance with information. It drops to 79 years in america.
Whereas trendy drugs has undoubtedly improved well being outcomes and prolonged lifespans, the boundaries of human longevity stay largely unexplored.
The Age Of DeSci: Quest To Prolong Lifespans
The query now stays: What if there was a solution to push these boundaries additional, unlocking the potential for people to reside longer, more healthy lives?
If this may be enabled in conventional setups, it may be replicated in decentralized environments. This bold imaginative and prescient drives VitaDAO, a member of Bio.xyz, a community that helps BioDAOs.
VitaDAO is a challenge on the middle of crypto and longevity science analysis. As a decentralized autonomous group (DAO), it operates as a Decentralized Science (DeSci) protocol and has hyperlinks to Vitalik Buterin.
For many who aren’t acquainted with DeSci, it’s a new motion leveraging the ability of blockchain to speed up scientific analysis and enhance funding. If DeFi exists to democratize conventional finance, then DeSci goals to make scientific analysis extra fluid, world, and accessible.
It is smart, although there could possibly be 1000’s of worthy proposals, funding is extremely finite. DeSci initiatives like VitaDAO goal to resolve these issues going through conventional scientific analysis, making it simpler for early-stage researchers to safe funding, hindering ground-breaking discoveries – and accelerating scientists’ capacity to succeed in their full potential.
When analysis is decentralized, it means centralized analysis establishments and multi-billion pharmaceutical corporations received’t have a complete grip on latest analysis findings. Their management is the very motive why accessing new findings is tough – and why there’s such a high-cost barrier to entry for each researchers and customers alike.
DeSci goals to disrupt this paradigm by creating permissionless, community-driven platforms for scientific analysis. By VitaDAO, researchers will get fast funding instantly from the neighborhood by way of tokenized choices.
On the identical time, all findings can be documented on-chain as NFTs, making certain transparency. By tapping into the blockchain, there’s higher decentralized governance since DAO members can vote.
How VitaDAO Makes use of Crypto And NFTs To Fund Longevity Analysis
VitaDAO is among the many initiatives rising from DeSci. The DAO particularly focuses on funding early-stage longevity analysis. Researchers with concepts on lengthen lifespans obtain funding.
Their bold mission has seen VitaDAO receiving backing from pharmaceutical giants like Pfizer. Since launching in 2021, VitaDAO has raised over $10 million, dedicating over 40% of this to analysis initiatives.
On the core of VitaDAO is the native governance token, VITA, which grants holders voting rights. Then, there are IP-NFTs, which permit researchers to tokenize their mental property (IP).
By these NFTs, they will promote these IP rights to traders throughout the DAO. All these NFTs are minted on Molecule, a biotech-centric protocol.
Apparently, IP-NFT holders (patrons of analysis findings) can additional fragment their possession into IPTs. On this approach, they’ve extra management and may situation licensing rights, as an example, and even search extra funds enabled by VitaDAO.
To date, the DAO has supported over 20 initiatives, chosen from the over 200 initiatives that expressed curiosity. VitaDAO has additionally distributed over $4.2 million in funding to those initiatives.
One such instance in 2022, Jonathan An lab received $330,000 from VitaDAO. They’re searching for new remedies for gum illness in older adults. The labs need to devise methods of lowering irritation to enhance general well being and lifespan.
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VITA Value Evaluation: How Is VITA Token Shaping Up within the 2024 Crypto Bull Market?
Amid a wider market disadvantage, VITA token has remained at a comparatively secure value – with year-on-year features at present standing at +34.6% after a -12% retracement (triggered by the Bitcoin post-halving dip).
With a modest market cap at $60M, VITA token represents a extremely alluring funding alternative for retail merchants – representing only a fraction of the market cap of a comparable science-linked coin comparable to Fetch.AI (which has a present market cap of $5.34Bn).
(VITAUSDT)
If VITA token is ready to seize related curiosity because the AI narrative (in a possible DeSCI narrative) it could not be unrealistic to anticipate VITA to replicate 10% of Fetch.AI’s market cap – leaving VITA focusing on a market cap of round $534m (leaving VITA token value at $20.57 – a possible 8.9x return for traders).
Such a transfer may possible be triggered by future CEX listings, with VITA at present solely out there by way of Uniswap, Balancer, Bancor, CoinEx, and CoinW.
A part of the attract of VITA token is it’s low circulating provide; only a smidgen greater than Bitcoin’s at 25,957,397 VITA.
The Backside Line: Might DeSci Supercharge Human Endeavor? Will VitaDAO Prolong Human Life?
At its coronary heart, decentralized science represents probably the most promising alternatives for cryptocurrency to make a genuinely impactful contribution to humanity – as blockchain builders proceed to architect the way forward for the digital financial system – it’s not unlikely that initiatives funded or contributed to by way of decentralized science initiatives may alter the world.
Within the case of VitaDAO’s funding of early-stage longevity analysis, it’s not unlikely that concepts and discoveries linked to investor funding right here may supercharge humanity’s capacity to struggle or probably even treatment ‘getting old’ and lengthen human life.
Nonetheless, longevity science can be a area dominated by main gamers like genomic analysis from CRISPR – that are firmly rooted in centralized science.
Evidently, longevity science represents probably the most promising frontiers of bio-medical science (Vitalik Buterin agrees), and this positions VitaDAO as a mega-growth challenge for the rising decentralized science business.
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Disclaimer: Crypto is a high-risk asset class. This text is offered for informational functions and doesn’t represent funding recommendation. You would lose your whole capital
