What is the project about?
HairDAO is a BioDAO (part of the DeSci movement) dedicated to funding early-stage hair loss R&D. We believe that by increasing early stage funding, we'll be able to bring new hair loss treatments to market.
What makes your project unique?
Nobody else is using crypto to facilitate innovation in the real world via generation of hair loss IP.
History of your project.
We launched in November 2021 and have been apart of the first bio.xyz cohort (with VitaDAO, AthenaDAO, ValleyDAO, and PsyDAO). In November 2021, we minted our first IP-NFT in relation to our first study, which is testing the impact of T3 and T4 Thyroid Hormones on human scalp skin organ cultures. Here's the link to our IP-NFT: https://etherscan.io/nft/0x0dccd55fc2f116d0f0b82942cd39f4f6a5d88f65/1
What’s next for your project?
We have an entire pipeline of hair loss research studies that we plan to fund, conduct, and mint as IP-NFT's until we find the cure for hair loss.
What can your token be used for?
While we'll likely include more utility down the line, right now our token is a governance token. 1 HAIR = 1 vote. See our snapshot here: https://gov.hairdao.xyz/#/
HairDAO Price Analysis
As of November 24 2024 HairDAO has a marketcap of $97M.
This is {{percentagefromath}} from its all time high of $149.89.
In terms of its tokenomics, there's a total supply of 1.5M with 42% currently outstanding.
Keep in mind HairDAO has a fully diluted value of $230M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
