Explore SCI
The SCI token is the backbone of the PoSciDonDAO ecosystem, allowing holders to vote on proposals regarding DAO operations and the election of scientific experts that review personalized medicine research projects. SCI will be released soon!
SCI Utility
Governance
After locking SCI tokens, members receive governance rights over PoSciDonDAO's treasury, its operations, the election of scientific experts, and over the management of the personalized medicine IP portfolio.
Stake in IP
A portion of the revenue generated from commercialized IP will be used to buy back SCI from the market followed by a token burn, ensuring token holders benefit from scientific innovation and a growing IP portfolio.
Incentives
SCI is used to attract and incentivise talent and experts to support the development of PoSciDonDAO's funded personalized medicine research projects.
Rewards
Voting on governance proposals will give you PO, a non-tradable non-fungible token. PO can be exchanged for SCI tokens and in the future for other rewards including conference tickets and merch.
Ecosystem
The SCI token allows the PoSciDonDAO community to have a direct say in how the organisation is operating. This includes marketing, tokenomics, election of scientific experts for research project sourcing and reviewing, branding, hiring of employees, etc.
Anyone can create a proposal if sufficient SCI tokens have been staked through PoSciDonDAO's Protocol. A guide on making a proposal can be found here.
Proposer can then convince other community members to vote in favor of their proposal through PoSciDonDAO's forum.
If the proposal has passed and requires distribution of funds, anyone will be able to initiate the on-chain distribution of funds from PoSciDonDAO's treasury.
Token Allocation
Frequently Asked Questions
The SCI token has not been launched yet. Join our discord or telegram group to stay up to date with its release.
They will be used for funding research, ecosystem development, partnerships, legal, grants, bounties, logistical costs and hiring future employees/contributors beyond team allocation.
They will be used for the creation of liquidity pools, PO to SCI exchange program, and to expand and strengthen our community through marketing and outreach efforts.
Founders, advisors, early contributors and members working on project development are considered DAO Operators.
Yes the SCI token supply is 18,910,000 tokens. Additional tokens cannot be minted.
