VitaDAO (VITA)
VitaDAO primarily funds translational R&D projects in longevity science.
Basics
- Based in:
- Started in / Announced on: 23-6-2021
- Testnet release:
- Mainnet release:
- From their website (14-11-2022):
"VitaDAO is a DAO collective for community-governed and decentralized drug development. Our core mission is the acceleration of research and development (R&D) in the longevity space and the extension of human life and healthspan. To achieve this, VitaDAO collectively funds and digitizes research in the form of IP-NFTs."
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
Treasury
- Has a $2.2M treasury and has funded over $3M in research, according to their website (14-11-2022). Proceeds of monetized IP by the DAO flow back to the treasury to fund further projects.
Token
Launch
- From a community report (31-12-2021):
"VitaDAO officially launched on June 23, 2021, with a community auction of governance tokens (VITA) administered through a Gnosis Auction"
Token Allocation
- Has voted in favor of minting 10% extra tokens for future contributors. During the discussion it has seemed to move towards a token sale instead.
Utility
- The token grants its holders rights to participate in decision-making within the DAO (14-11-2022):
"Members of the public can join VitaDAO and govern its IP through VITA tokens by contributing funds, work, or valuable research data or IP assets. VITA tokens enable their holder to engage in decision-making and governance of VitaDAO’s research, signal support for specific initiatives, and govern its data repositories and IP portfolio."
Other Details
Coin Distribution
Technology
- Whitepaper or docs can be found [insert here].
- Code can be viewed [insert here].
- Consensus mechanism:
- Algorithm:
- Virtual Machine:
- Development language used:
Transaction Details
How it works
Fees
Upgrades
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Oracle Method
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding and Partners
Team
Funding
- From their gov forum (1-8-2022):
"Following VDP-11 we propose allocating approximately 6% of the total VITA token supply to new strategic contributors admitted as institutional members of VitaDAO pursuant to the application process described herein.
- VDP54.1: Pfizer ($500k + dealflow, commercialization & pharma awareness)
- VDP54.2: L1Digital ($500k + tokenomics & governance support)
- VDP54.3: Shine ($1M + positioning, fundraising, partnerships & tokenomics support)
- VDP54.4: SpaceshipDAO ($50k + dealflow, incubation of spinouts, awareness & connections)
- VDP54.5: BeakerDAO ($75k + dealflow, incubation of spinouts, awareness & connections)
- VDP54.6: Healthspan Capital ($100k + diligence, recruiting, fundraising, partnerships, spinouts)"
Partners
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