Pfizer-backed decentralized cooperative raises $4.1M to fund longevity research
Months after Pfizer Ventures put a decentralized cooperative on the map by announcing a $500,000 infusion into its mission of funding human longevity research, the group — VitaDAO — is tying the bow around a $4.1 million fundraising round.
As its name implies, VitaDAO calls itself a DAO, or decentralized autonomous organization. Like many other such groups, it aims to run on a relatively flat, global structure using contracts on blockchains and crypto-tied tokens in hopes of proving a new way to fund big ideas and bridge the valley of death for very early-stage research on anti-aging.
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