ValleyDAO PriceGROW

What is ValleyDAO (GROW)?

ValleyDAO is an open, community-led decentralized science (DeSci) organization that collectively finances and enables access to synthetic biology technologies aimed at protecting the future of the planet. The platform unites researchers, bio-founders, and industry experts to fund and incubate synthetic biology research targeting critical climate issues, including CO2 pollution and sustainable food production. Its native token, GROW, is an ERC-20 governance and utility asset that governs strategic decision-making and the resulting technology portfolio. ValleyDAO operates on Ethereum and is also multichain, with trading on Ethereum, Base, and Solana. The GROW token has a maximum supply of 100,000,000 tokens, with a current total supply of 30,050,000 GROW and a circulating supply of roughly 10.6 million. Launched in 2023, ValleyDAO is positioned as a leading platform funding and accelerating climate-focused biotech research, with its first research project funded in August 2023.

Key Specifications & Tokenomics

• Name: ValleyDAO
• Token Name: ValleyDAO Token
• Symbol / Ticker: GROW
• Token Standard: ERC-20
• Blockchain / Platform: Ethereum, with multichain trading on Ethereum, Base, and Solana
• Contract Name: GrowToken
• Ethereum Contract Address: 0x761A3557184cbC07b7493da0661c41177b2f97fA
• Decimals: 18
• Max Supply: 100,000,000 GROW
• Total Supply: 30,050,000 GROW
• Circulating Supply: Approximately 10,625,300 GROW
• Categories: Solana Ecosystem, DeSci, Ethereum Ecosystem
• Official Website: https://www.valleydao.bio
• Launch Year: 2023
• CertiK Rating: 3.2

Who created ValleyDAO?

ValleyDAO is a community-driven project that brings together researchers, bio-founders, and experts rather than being led by a single publicly identified founder. Albert Anis has been featured prominently in ValleyDAO explainer content, discussing DeSci, GROW, and the organization's research projects. Morgan Richards has also appeared alongside Albert Anis in ValleyDAO's explainer videos. Dr Rodrigo Ledesma Amaro, a researcher at Imperial College London, received ValleyDAO funding to engineer oleaginous yeast for sustainable oil production. Detailed public information about the full founding team and organizational structure is currently limited, reflecting the decentralized nature of the project.

How does ValleyDAO work?

ValleyDAO functions as a decentralized autonomous organization that pools community resources to fund and incubate synthetic biology research addressing climate change. Community members use the GROW token to vote on which academic research projects receive funding, stake on funded projects, and gain exposure to the success of those projects through governance rights. The organization employs blockchain-based mechanisms to democratize access to synthetic biology advancement, allowing global talent to contribute to environmental solutions. Approved governance proposals move through a two-stage process: initial discussion on the Discourse governance forum, followed by final voting on Snapshot. This structure ensures that well-discussed, informed decisions are made regarding research funding, IP-NFT licensing, and work group membership. GROW holders can also co-invest on equal terms alongside ValleyDAO in synthetic biology startups and access the synthetic biology knowledge graph network currently in development.

What makes ValleyDAO unique and valuable?

ValleyDAO distinguishes itself by applying decentralized finance and governance models to synthetic biology research, a field traditionally dominated by large pharmaceutical companies. By enabling community members to co-fund and co-develop multi-year research initiatives at universities and research institutes worldwide, ValleyDAO democratizes access to cutting-edge climate biotechnology. The project's focus on climate change mitigation through synthetic biology addresses a market expected to reach $4 trillion in value over the next 20 years. Unlike traditional funding avenues, ValleyDAO grants its members ownership and decision-making mandates, aligning their interests with the success of funded projects. The use of Intellectual Property Tokens allows community members to gain stakes in emerging biotechnologies, creating a collaborative ecosystem where global talent contributes to overcoming pressing environmental challenges and pushes promising solutions beyond the confines of academic research.

What is ValleyDAO used for?

The GROW token serves multiple functions within the ValleyDAO ecosystem. It is used to vote on which academic research projects are funded, giving holders direct influence over the organization's research direction. GROW holders can stake on funded research projects and, in return, receive governance rights and exposure to the success of those projects. The token also provides access to co-invest on equal terms alongside ValleyDAO in synthetic biology startups, allowing community members to participate in the commercialization of funded research. Additionally, GROW grants access to the synthetic biology knowledge graph network currently in development. Through these utilities, the GROW token revolutionizes project funding and governance, enabling community members to earn for their contributions and gain exposure to cutting-edge climate biotechnologies via Intellectual Property Tokens.

How Is the ValleyDAO ecosystem developing?

ValleyDAO has been actively developing its ecosystem since its launch in 2023. In April 2023, the organization raised approximately $700,000 to fund its first batch of research projects. The first funded research project was announced on August 7, 2023, when Dr Rodrigo Ledesma Amaro received funding to engineer oleaginous yeast to sustainably produce oils. The project maintains a governance forum on Discourse for community discussions and uses Snapshot for final voting on proposals. ValleyDAO also has a presence on a launchpad platform and continues to develop its synthetic biology knowledge graph network. The organization supports multi-year research initiatives at universities and research institutes across the world, with community members gaining stakes in emerging biotechnologies through Intellectual Property Tokens. The ecosystem is supported by various social channels including X, Discord, Telegram, LinkedIn, YouTube, Substack, and Reddit.

How to mine ValleyDAO?

GROW is not a mined cryptocurrency. As an ERC-20 token on the Ethereum blockchain, it is not generated through proof-of-work mining. Instead, GROW tokens are allocated to contributors and partners as part of the project's tokenomics structure. Community members can earn GROW for their contributions to the ecosystem. The token can be acquired through decentralized exchanges such as Uniswap, where ETH can be exchanged for GROW. Additionally, GROW holders can stake their tokens on funded research projects, receiving governance rights and exposure to project success in return. This staking mechanism provides a way for token holders to actively participate in the ecosystem while potentially earning returns based on the performance of funded research initiatives.

How to keep your ValleyDAO Coin safe?

To keep your GROW tokens safe, use a self-custodian wallet that works with the Ethereum network, such as MetaMask. Since GROW is an ERC-20 token, it requires a wallet compatible with Ethereum-based assets. Store your private keys securely and never share them with anyone. When purchasing GROW, use established decentralized exchanges like Uniswap, and always verify contract addresses before executing transactions. The official GROW contract address on Ethereum is 0x761A3557184cbC07b7493da0661c41177b2f97fA. Be cautious of phishing attempts and fake tokens that mimic legitimate projects. Consider using hardware wallets for long-term storage of significant holdings. Before voting on proposals via Snapshot, ensure you are connected to the official ValleyDAO governance platform. Regularly check official channels for security updates and announcements regarding the project.