what's GenomesDAO?
GenomesDAO is a decentralized science (DeSci) platform focused on empowering users with ownership and control over their genomic data. Through its secure DNA data vault at genomes.io, individuals can store whole genome sequences privately and selectively permit queries for research, such as drug response prediction and personalized medicine. This model enables ethical, scalable access for pharmaceutical companies and researchers while ensuring user consent and data sovereignty. The project leverages blockchain for tokenomics, with utility tokens $GENE and $GENOME facilitating query access and incentives. Sequencing tests trigger token burns to reduce supply, and integrations like Bittensor ($TAO) support AI-driven analysis on subnets. Deployed on Arbitrum and Polygon, it promotes a collaborative ecosystem for genomic research.
Achieved 16 NFT sales in 24 hours at a floor price of 0.0175 ETH, representing a 136.8% price increase.
Project develops as a Bittensor subnet for data management with launch approaching.
Whale accumulation detected with 1% of total supply purchased by single entity.
GENOME/USDC trading pair launched on SynFutures with 10x leverage. Platform focuses on genomic data monetization using DeFi and DeSci.