A Third Research Project Funded?! (VDP-21)
The Evandro Fang lab from the University of Oslo will be the third research lab to have a project funded
by VitaDAO and IP-NFTs! 🎉 The lab is aiming to identify and characterize new drug candidates for activation of mitophagy with a positive impact on Alzheimer’s disease by investigation of underlying molecular mechanisms.
Forming an IP Holding company! (VDP-23)
VitaDAO voted to form an IP holding company for 2 reasons: to empower VitaDAO to hold existing soft IP (copyrights, logo trademarks) and to empower VitaDAO to hold future patents related to IP-NFTs. It is important to note that the IP holding company is formed only to hold IP which it cannot, for one regulatory reason or another, hold as IP-NFTs. Generally speaking, having an IP holding company will enable VitaDAO to obtain stronger legal protections for its IP and, crucially, more easily bring lawsuits against violators when needed.
Special-Purpose Vehicle (SPV) as a Bridge for Strategic Contributors! (VDP-24)
VitaDAO voted to create a special-purpose vehicle (SPV) to allow institutional actors such as pharmaceutical companies and funds to participate in governance of VitaDAO through a corporate agent. The SPV will be a Swiss association and will hold $VITA, allowing its shareholders to vote on VDPs. The SPV will not be required to vote as a single block. Rather, its members will be able to vote with their pro-rata portions of $VITA held in the SPV.