Become a member of CryoDAO
The CRYO token is integral to funding and governing cryopreservation research. By purchasing CRYO, you gain voting rights within our ecosystem, directly influencing funding decisions and strategic direction. Below you can find steps to securely acquire CRYO tokens and understand the token’s role in our governance structure.
Important: Please read the Token Disclaimer on our website for relevant information before buying CRYO or engaging in token transfers.
Buying CRYO - A beginner’s guide
The role of CRYO in the DAO
FAQs
CryoDAO is a BioDAO pioneering decentralized science.
Read the following articles to learn more:
https://ethereum.org/en/desci/
https://www.bio.xyz/blog-posts/biodaos-are-community-owned-research-translation-engines-not-investment-daos
https://docs.molecule.to/bio.xyz/biodao-bible/introduction
CryoDAO is funding high-impact cryopreservation & biostasis research. See our current projects here: https://www.cryodao.org/projects
Researchers can apply by submitting an application on the Projects page.
Please see: https://www.cryodao.org/cryo-token-disclaimer
$CRYO is a governance token, serving solely for decision-making within the DAO. It does not represent an investment or an opportunity for economic gain. $CRYO holders should not expect any form of financial return from purchasing this token. Its purpose is exclusively to enable participation in governance decisions, without any implied promise of financial profit.
$CRYO enables token holders to:
Curate and fund high-impact cryopreservation research.
Incubate significant intellectual property in the field of cryopreservation.
Determine the governance of such intellectual property.
Govern the CryoDAO treasury.
Token holders can propose and vote on various proposals related to CryoDAO's operations and research funding. Each $CRYO token counts as one vote, and the majority decision of token holders is executed by the DAO. Work contributors can vote with vCRYO. You can vote on proposals for the DAO on Snapshot: https://vote.cryodao.org/
All verified token holders can create proposals in our Discord (📝ㆍdraft-proposals) to start to move them through the governance process as long as they follow the Discord rules.
All votes are recorded on the blockchain, providing a transparent and immutable record of governance actions. Additionally, CryoDAO may employ third-party audits and community oversight to ensure the integrity of the voting process.
You can see the token contract address on etherscan: https://etherscan.io/token/0xf4308b0263723b121056938c2172868E408079D0
Please verify this address to avoid any scams. You may need to add the token contract to your wallet manually to see it.
In return for funding research, CryoDAO may get IP/commercialization rights and/or equity. Value created through the DAO’s work, including the funded project, flows back into the DAO to fund more research.
CRYO tokens are transferable and can be found on decentralized exchanges where they are listed. Please read the Token Disclaimer on the CryoDAO website for relevant information before engaging in token transfers.
Once you transfer your CRYO tokens, the voting rights associated with those tokens also transfer to the new holder, who can then participate in CryoDAO governance.
CryoDAO may implement a delegation system in the future, where token holders can delegate their voting power to another trusted member who can vote on their behalf.
