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The Rise of DeSci -- CryoDAO, CryoRAT & HydraDAO

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#1 MaximilianKohler

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Posted 15 February 2025 - 08:10 PM


https://biostasis.su...e-rise-of-desci

 

I had seen mention of CyroDAO but I don't pay much attention to crypto and blockchain stuff. I wasn't aware that:

 

CryoDAO is one of the first DSAOs (decentralized science autonomous organizations), founded in 2022 by a group of dedicated biostasists: Kai Micah Mills, Dr. Emil Kendziorra, Eli Mohamad, and Vincent Weisser [7].

Through the efforts of its founders, researchers, and many contributing community members, CryoDAO has raised millions over the past three years, and over a thousand individuals currently hold tokens which entitle them to vote on the DAO’s activity. Currently, the CryoDAO token has a market capitalization of $16 million, and the CryoDAO treasury, worth around $20 million, can be viewed transparently on this site [8]. CryoDAO token holders have voted to provide over a million dollars in funding for five main research projects:

 

What is a DAO?

DAOs (decentralized autonomous organizations) are blockchain-based entities that allow communities of researchers, funders, and other stakeholders to collaborate and make decisions without relying on traditional hierarchical structures. Instead, they operate using transparent rules encoded as smart contracts on a blockchain. Ethereum’s blockchain ecosystem underpins many DeSci projects (including CryoDAO’s) by offering robust security, decentralized governance, and a community of active contributors.

 


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