HairDAO is a BioDAO (part of the DeSci movement), dedicated to funding early-stage hair loss R&D. HairDAO believes that by increasing early stage funding, HairDAO'll be able to bring new hair loss treatments to market.
HairDAO is founded on the belief that two-thirds of the world’s population should not be forced to live through the insecurities caused by hair loss. The DAO is fully owned and operated on the Ethereum public blockchain, due to the economic efficiencies generated by public blockchain technology, and consequently governed by its members through the $HAIR token, the incentive mechanism of the DAO.
The $HAIR token can be earned through the provision of various forms of resources to the DAO, namely through the provisioning of capital and operational work, such as research and investment oversight, the generation of intellectual property, the operation of manufacturing facilities, clinical trial participation, and regulatory advisement.