DeSci-focused DAO community funds cancer research

VitaDAO, a decentralized collective committed to early-stage durability research study, funded the launch of a biotech company, Matrix Biosciences, committed to the treatment of cancer and aging diseases.The preliminary conversations around the use of high molecular weight hyaluronic acid (HMW-HA) for anti-cancer and pro-longevity effects began off in November 2022 and gained majority consensus in March 2023. The proposal snapshot reveals that 35 members cast their votes using VITA tokens.The VITA token holders voted to disagree or agree with VitaDAO moneying the HMW-HA cancer research venture.” While the DAOs commitment to moneying this specific cancer research study will depend on the outcomes obtained from the different experiments, VitaDAOs neighborhood treasury has in the previous funded up to $1 million of a research study projects requirements before getting the support of expert investors and pharma stakeholders.Magazine: Beyond crypto: Zero-knowledge evidence show possible from voting to fund