Science Gets a Boost from Blockchain and Crypto

Funding Breakthroughs: A New Era in Research

Scientific research is undergoing a transformation, thanks to the innovative use of blockchain and cryptocurrency. Companies are leveraging these technologies to fund research, potentially accelerating the discovery of life-saving treatments.

Portage Biotech: A Unique Approach

Portage Biotech has shifted its focus, becoming a Toncoin (TON) treasury company. By staking TON and investing in Telegram projects, the company generates revenue. A portion of these earnings will be allocated to cancer research.

Additionally, Portage Biotech is exploring the tokenization of real-world assets to fund research. This approach could streamline the process of securing funds for researchers.

What Sets Portage Biotech Apart?

Unlike other crypto treasury companies, Portage Biotech maintains its original business, which includes valuable assets. This dual focus sets it apart from companies that solely concentrate on cryptocurrency.

Ideosphere: Prediction Markets for Research Funding

Ideosphere is pioneering a novel method of funding research through prediction markets. Researchers can share their ideas, and traders can place bets on them. The proceeds from these bets go directly to the researchers, providing a unique funding mechanism for early-stage research.

Bio Protocol: Combining AI, Blockchain, and Community

Bio Protocol is making significant strides by integrating AI, blockchain, and community participation into drug discovery research. The company recently secured $6.9 million in funding.

"This could change the way scientific research is conducted." - Bio Protocol's Founder

The Broader Impact

These companies demonstrate that blockchain and crypto can be utilized for more than just investment. They offer new avenues for funding critical research, potentially leading to faster discoveries and improved treatments.