AthenaDAO is a Community-Owned Translational Research Engine that focuses on supporting and incubating women’s health research projects during the initial stages of translational research.
AthenaDAO is powered by smart contracts on the blockchain. This enhances the efficiency of AthenaDAO and eliminates the reliance on intermediaries and trust.
We are building a comprehensive ecosystem, supporting and facilitating the development of effective biotechnology products and services in the women’s health space.
Decisions made by $ATH Token holders are voted on-chain and available for review by anyone. This level of transparency enables anyone to readily observe the activities happening within AthenaDAO.
Decentralization means not being governed by any singular entity or organization. Instead, it operates under the governance of open-source code. This inherent decentralization fortifies AthenaDAO against potential corruption and censorship threats.
The AthenaDAO ecosystem relies on $ATH, an utility governance token, which gives holders the right to participate in the DAO.
AthenaDAO collaborates with Molecule on IP-NFTs, a bridge between Intellectual Property and Non-Fungible Tokens. AthenaDAO is also looking at other web3 applications, like zero-knowledge proofs and decentralized data storage.
The $ATH token holders govern AthenaDAO and vote on topics that include supporting research projects related to women's health, governance policies, and treasury management.
The $ATH grants governance rights to govern the IP held by the DAO. No single token holder owns the IP. Token holders collectively guide the direction of AthenaDAO's initiatives.
$ATH is a capped ERC20 token.
The sustainability loop principle guides $ATH's design, where the value of AthenaDAO's intellectual property grows as research projects produce positive results. Successful commercialization of these projects fuels the growth of AthenaDAO's ecosystem, attracting higher-quality IP, increasing supporting opportunities, and fostering further growth.
70% will be kept unminted and held within AthenaDAO's treasury. This strategy is aimed at ensuring the organization's long-term sustainability.
10% for community token holders. This represents the tokens that will be made available at various funding events, with 2% going to our Genesis Auction.
12% for Core, Early Contributors, and allocations for the first 24 months of the DAO. This will ensure that contributors are incentivized to keep growing the AthenaDAO ecosystem.
8% for expert service providers such as bio.xyz/Molecule (6.9%), providers of the IP-NFT framework, and other future providers.