During a July 14, 2022, interview with Joey Poareo, The Science DAO’s Chief Executive Officer, we learned a lot about The Science DAO’s plans to impact DeSci (decentralized science). According to Poareo, The Science DAO has “begun development on [its] platform, the overall DAO [user interface] as well as the investment interface,” which Poareo describes as “pretty exciting.” The Science DAO has saved a significant amount of money by utilizing the services of a development firm that it previously employed, Poareo says. This relationship allows The Science DAO to “utilize some of the Treasury to do some other things.” Based on information gathered during the interview, I expect The Science DAO’s platform to be modeled after seedinvest.com’s platform, as Poareo describes his vision for The Science DAO’s platform as similar to seedinvest.com and fundrise.com, but for scientific startups. The Science DAO’s platform is scheduled for completion on or near August 10, 2022.
In the interim, The Science DAO has partnered with a revolutionary company to create one of the most powerfully adaptive trading bots in cryptocurrency by harnessing the power of artificial intelligence. iBot is built to not only learn but to win in any market. iBot aims to find arbitrage trading opportunities across DeFi (decentralized finance). According to Poareo, “whether it’s on Binance Smart Chain or multiple centralized exchanges, this program will [gather] most of the data to continue . . . with the AIML (artificial intelligence markup language) build and future development.” This invention will allow The Science DAO and its members holding the Theory token ($THRY) to utilize this arbitrage bot at a large discount and provide other benefits.
Poareo hopes to have a prototype of the arbitrage bot with which people can potentially interact completed within about five weeks. A five-week release date gives it a similar release time as The Science DAO’s updated user and investment interfaces, which should lead to pretty exciting times for DeSci in general and The Science DAO in particular.
If you are interested in learning more about what The Science DAO is doing, just get into the community: 1) go to the website (https://thesciencedao.io); 2) get into either the Telegram or the Discord channels, and 3) start asking questions and get involved. It is a guarantee that some super friendly member of The Science DAO will be able to assist you; everybody is very helpful!
Keywords: DeSci; The Science DAO; Arbitrage Bot; User Interface; Investment Interface; seedinvest.com