Overview

PsyDAO is a decentralized biotech protocol that creates a marketplace for research and an IP NFT framework. It funds biotech projects—particularly in cryopreservation—by offering up to $100,000 per project and connecting academics, biotech companies, investors, and patients in a fully governance-driven community. Powered by Molecule, PsyDAO reviews applications for new cohorts and supports DAO founders with a network of experienced contributors, enabling direct ownership and control of research IP through IP NFTs. Unlike traditional funding models, PsyDAO blends DeSci principles with an open-source ethos, allowing patients, researchers, and investors to govern and benefit from research outcomes. Its goal is to accelerate biotech research by providing rapid, community-governed funding and a novel IP framework that unlocks data access and legal rights for research.