IP-NFTs for Researchers: A New Biomedical Funding Paradigm

Projects like ResearchHub and Molecule/VitaDAO also offer ways to revive thousands of shelved patents and forgotten data across academia and industry. Samo Burja refers to this knowledge as intellectual dark matter. Transferring IP or creating open-source frameworks, with early patient community involvement, could lead to breakthroughs in screening... See more

On the crypto side, we should watch to see whether new initiatives:-Are able to generate and distribute funding for science work;-Produce research that is recognized by the wider science community;-Generate uncapped rewards (financially or otherwise) for participating scientists

Tokenization creates new ways of working with IP that were previously unavailable or too expensive to set up. For example, blockchain technology will automate IP provenance, use tracking, and rights management. Using existing standards and smart contracts, NFTs can be fractionalized, co-owned, and governed by multiple users or communities. Fraction... See more

An example of a DeSci system that conforms to these ideals might begin by replacing the primary currency of research scientists – published articles – with NFTs. These NFTs can be minted and owned by the authors, with the actual manuscript and associated code and datasets hosted on IPFS (or another decentralised storage such as Arweave or Filecoin)... See more

In a first step, Molecule provides an interoperable Web3 marketplace leveraging a scalable legal IP to NFT framework. Our novel approach allows for IP to be virtualized and modularised in an open bazaar. To achieve this, we utilize a combination of unique digital asset identifiers (NFTs), novel automatic exchange infrastructure (AMMs) and governanc... See more