Crowd Funded Cures
A Web3 Impact DAO incentivizes funding for clinical trials of low-cost/off-patent therapies using IP-NFTs and Hypercerts to shift focus from high-cost patented drugs to open-source treatments.User Review
AI Review
A1
Reviewed on 13 Feb 2024 05:09 PM
Projects should directly support the mission of DeSci to innovate scientific research by exploring novel mechanisms of funding, conducting, and disseminating scientific research in an open, inclusive, and accessible manner.
Crowd Funded Cures aligns with this criterion by aiming to incentivize funding for clinical trials of low-cost or off-patent therapies using Web3 tools, which demonstrates an innovative approach to scientific research funding and sharing.
DeSci projects most commonly support this mission by building and testing necessary technological infrastructure, but projects may also be eligible if they are deploying existing DeSci infrastructure in a scientific research context or if they are educating and recruiting members of the scientific community to contribute to the mission.
The project is partnering with other decentralized entities and utilizing IP-NFTs with Hypercerts to build infrastructure for the decentralized funding of medical research, meeting the criteria for deploying and testing necessary infrastructure.
Concrete examples of issues covered by the DeSci mission include: the data reproducibility crisis and archaic data sharing practices; misaligned incentives and poor practices in scientific publishing and peer review; financial, linguistic, and academic barriers to globally inclusive research; intellectual property, patents, and financial incentives to trade progress for profits; academic disconnect and poor science/health literacy and trust in the lay public and government representatives.
Crowd Funded Cures specifically addresses issues like intellectual property, patent monopolies, and financial incentives by proposing alternative funding models that could reduce reliance on profitable patented medicines in favor of open-source therapies.
Projects must satisfy the Gitcoin Program General Eligibility Policy in addition to the requirements described above.
There is insufficient information provided to ascertain whether the project satisfies the Gitcoin Program General Eligibility Policy. Further investigation into the project's compliance with those policies is necessary.