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Will Project Transfidelity achieve its first major research milestone by December 31, 2024?
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Official announcements from Project Transfidelity or affiliated DAOs (VitaDAO, CerebrumDAO, BeakerDAO)
Story
Project Transfidelity Raises 76 ETH, First IPT Funded for Alzheimer's Research
Aug 29, 2024, 10:01 AM
Project Transfidelity, an initiative focused on Alzheimer's research, has successfully closed its funding round on Catalyst, raising a total of 76 ETH. The project, which aims to enhance brain performance at any age, was collaboratively funded by three decentralized autonomous organizations (DAOs): VitaDAO, CerebrumDAO, and BeakerDAO. The funding effort was driven by the personal experiences of researchers like Dr. Rashid Akbergenov, who was motivated by the impact of neurodegenerative diseases on his colleagues and friends. The project has been described as a groundbreaking step in democratizing early-stage research funding through the use of IP tokens. It marks the first IPT funded collaboratively by these DAOs.
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