VitaDAO (VITA)

Governance

VitaDAO uses the VITA token to let community members vote on decisions about funding and managing longevity research projects.

Funding Research

VitaDAO raises money to support early-stage science focused on extending healthy human life and improving aging-related treatments.

Intellectual Property

The community collectively owns and manages intellectual property rights from funded research, helping to share benefits fairly.

Community Engagement

VitaDAO connects scientists, researchers, and supporters to collaborate on advancing longevity science through programs like VitaLabs and fellowships.

Incentives

Holding VITA tokens can give members access to special opportunities, rewards, and influence within the longevity research ecosystem.

Pros of VitaDAO

• Community Governance: Token holders vote on funding decisions and intellectual property management, giving members control over the direction of longevity research.
• Focus on Early-Stage Research: Supports high-risk, early-stage longevity science projects that might not get funding elsewhere.
• Innovative IP Model: Uses IP-NFTs (Intellectual Property Non-Fungible Tokens) to attract funding and manage research assets without traditional patents.
• Active Longevity Community: Connects scientists, researchers, and enthusiasts to collaborate and advance aging research.
• Accessible Participation: Voting on proposals is gasless and done on-chain, making it easier for token holders to engage.
• Funding Support: Offers fellowships and microgrants to students and early-career researchers interested in longevity.

Cons of VitaDAO

• Early-Stage Risk: Many funded projects are high-risk and may not lead to successful outcomes.
• Requires Crypto Knowledge: Participation needs familiarity with Ethereum wallets and token management.
• Limited Liquidity: VITA tokens trade on a few exchanges, which might affect ease of buying or selling.
• Governance Complexity: Decision-making depends on token holders’ active involvement, which can be challenging for some users.
• Dependence on Community: Success relies heavily on community engagement and voting participation.

For more details, visit the official website: vitadao.com

Founders

VitaDAO was founded by Tyler Golato in 2021.

Key Contributors

While Tyler Golato is the main founder, the project also involves a community of contributors and collaborators from the longevity and decentralized science fields.

For more details, you can visit the official VitaDAO website at vitadao.com.

Institutional Investors

Pfizer Ventures, Shine Capital, and L1 Digital are key institutional investors in VitaDAO. Pfizer is notable as the first pharmaceutical company to participate in voting on DAO proposals and contribute to incubation and commercialization efforts.

Individual and Strategic Investors

Balaji Srinivasan (former CTO of Coinbase), Joe Betts-Lacroix (Retro Biosciences), and Vitalik Buterin (Ethereum co-founder) are among the prominent individual investors supporting VitaDAO.

Decentralized Science and DAO Organizations

BeakerDAO and Spaceship DAO are decentralized science organizations that have invested in VitaDAO, aligning with its mission to fund longevity research through a community-governed approach.

Funding Overview

VitaDAO has raised approximately $4.6 million over multiple funding rounds from a total of 9 investors, including the above-mentioned entities and individuals.

Halal Status of VitaDAO

• Yes or No: No clear official halal certification or ruling is publicly available for VitaDAO.
• Reason: Halal status depends on compliance with Islamic principles, including ethical finance rules. There is no specific halal certification or authoritative Islamic finance review found for VitaDAO at this time.