The @longcovidlabs $COVID auction has raised $750k!
The auction ends in 5 days - this Friday, Jan 17, at 3pm UTC
Led by Stanford researchers, LCL is global community of scientists & #longcovid patients using decentralized technologies to accelerate a cure
A 🧵 on LCL's vision
> Buy $COVID with WETH:
> Anyone can participate; $BIO holders who join w/ WETH get a share of 1% of the $COVID supply (user guide:
> Read the @longcovidlabs vision paper:
Below we'll dive into the @longcovidlabs paper covering BioDAO's vision, tokenomics & decentralized trial network tackling the Long COVID crisis with:
> rapid capital allocation
> parallel adaptive trials
> personalized treatment paths
Aiming for 10x faster, 10x cheaper drug development.
Long COVID is the fastest growing chronic condition in history, affecting 100m+ people globally
The need for rapid, effective solutions has never been more urgent
Long COVID presents not only a public health emergency but also one of largest opportunities in biomedicine today
Traditional scientific pipelines are failing Long COVID patients
The Case for a Patient-Governed DAO
> elevate patients as key decision-makers, ensuring resources flow toward to promising experiments & treatments
> rapidly crowdfund & direct capital with unprecedented speed and transparency
> governance led by $COVID holders
Long COVID Labs Contributors include former and current Stanford researchers & health entrepreneurs
Building a Long COVID Moonshot Engine
> 1000s of small adaptive clinical trials running in parallel
> integrate ML to predict success, identify patterns & suggest personalized treatment paths
> trials expand, evolve, or close in real time, funded and coordinated by the DAO
Long COVID Labs Roadmap
> Build a common Long COVID clinical research organization ("CRO") w/ joint infra to run trials led by indie researchers
> Case studies on Paxlovid + monoclonals combination
> Scale U.S. commercial roll-out via telemedicine partners
> Adaptive trial engine + more!
Tokenomics
Initial supply of 1B $COVID tokens allocated to:
Community auction (15.0%)
Treasury reserves (45.0%)
Patients (10.0%)
Core contributors (20.0%)
Service providers (7.0%)
Ecosystem incentives (3.0%)
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