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DeSci-focused DAO community funds cancer research

Published 10/17/2023, 06:53 AM
Updated 10/17/2023, 08:40 AM

VitaDAO, a decentralized autonomous organization (DAO) collective dedicated to early-stage longevity research, funded the launch of a biotech company, Matrix Biosciences, which is dedicated to treating cancer and aging diseases.

The initial discussions around the use of high molecular weight hyaluronic acid (HMW-HA) for anti-cancer and pro-longevity effects started 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 tokenholders voted to agree or disagree with VitaDAO funding the HMW-HA cancer research venture. Source: snapshot.org

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