Launching Molecule Catalyst

Funding the next therapeutic breakthrough

Titian Steiger
Jan 20, 2020 · 2 min read

We are excited to announce the launch of the first application built for the Molecule Protocol on Ethereum Mainnet. Molecule Catalyst provides a platform for researchers working on novel therapeutics to raise funding from the public. Our mission is to democratise research funding and allow the public to engage with researchers while new discoveries are happening.

Here is how it works:

  1. Peer-reviewed, cutting-edge research projects are listed on the platform and you will be able to review all transparently shared details.

Building on Ethereum and using Dai introduces several advantages compared to more conventional fundraising platforms:

  • Accessibility — Anyone can contribute

Furthermore, Molecule Catalyst uses a novel cryptoeconomic mechanism, called a Token Bonding Curve, to create a better crowdfunding experience for scientists. We believe that this will incentivize contributors to promote campaigns within their own networks and remove pressure for gaining traction from researchers. Researchers are encouraged to share data and results with their supporter base and excite new contributors about their cause. Lastly, the project is indirectly curated through the distributed token which creates an additional trust-building layer between funders and researchers.

The first project we are launching plans to conduct a clinical trial to study the effects of microdosing psilocybin. We are honoured to partner with Rotem Petranker and Thomas Anderson from the Toronto Centre for Psychedelic Science with support from the University of Toronto Mississauga Psychedelic Studies Research Program (PSRP), pioneering scientists in the area of psychedelic research.

Join us on our journey and be one of the first contributors that paves the way for a new area of research funding.

Check out our additional resources for more detailed information:

Molecule Blog

An open source ecosystem to fund discovery of molecules and…

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store