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. GROW is an ERC-20 token on Ethereum; it is also tagged in the Solana and Base ecosystems, and a Solana token address is listed (growFDf9teg9gwVTTY3DgpPXU31qBrnbSQCqtY2vkR8). GROW has a hard-capped maximum supply of 100,000,000 tokens, with a total supply of 30,050,000 GROW; some block explorers display the current total supply (30,050,000) as the maximum total supply. The circulating supply is roughly 10.6 million. ValleyDAO launched on April 13, 2023, and its first research project was funded in August 2023; some data providers list a later start date (March 4, 2024) based on their own listing records. ValleyDAO is positioned as a leading platform funding and accelerating climate-focused biotech research.

Key Specifications & Tokenomics

• Name: ValleyDAO
• Token Name: ValleyDAO Token
• Symbol / Ticker: GROW
• Token Standard: ERC-20
• Blockchain / Platform: Ethereum, with tags in the Solana and Base ecosystems
• 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
• Contract Security Audit: No contract security audit has been submitted (per Etherscan).

Who created ValleyDAO?

ValleyDAO was founded by Albert Anis, who leads research direction and strategy, with Morgan Richards as co-founder; founding team members also include Daniel Hussey (University of Texas tech transfer office, deal flow) and Hamza Qureshi (DAO operations and governance). Dr Rodrigo Ledesma Amaro, a researcher at Imperial College London, received ValleyDAO funding to engineer oleaginous yeast for sustainable oil production. The founding team also includes Daniel Hussey, who focuses on deal flow from the University of Texas tech transfer office, and Hamza Qureshi, who brings DAO operations and governance experience.

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 market for synthetic biology solutions is expected to reach a $4 trillion market 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 supports project funding and governance, enabling community members to 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. The ValleyDAO community approved a funding proposal for Tattva, investing £50,000 (about $67,000) in equity. 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 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. Beyond the Imperial College London project, the community approved a £50,000 (about $67,000) equity investment in Tattva, and ValleyDAO has published research updates on Hempy. The ecosystem is supported by social channels including X (twitter.com/valley_dao), Discord, Telegram, LinkedIn, and YouTube.

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. GROW is allocated to contributors and partners as part of the project's tokenomics; the full allocation and vesting schedule is published on the ValleyDAO website. GROW can be acquired on decentralized exchanges such as Uniswap, where ETH can be exchanged for GROW; note that reported 24-hour trading volume has been $0 across several data providers, so liquidity may be very thin. Additionally, GROW holders can stake their tokens on funded research projects. Staking on funded research projects returns governance rights and exposure to the success of the funded project; it does not guarantee any financial return, and the value of that exposure depends on research outcomes and market conditions.

How to keep your ValleyDAO Coin safe?

To keep your GROW tokens safe, use a self-custodian (user-owned) wallet that works with the Ethereum or Optimism 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.

Risks and uncertainties

GROW is subject to price volatility, and its value can fall as well as rise. Regulatory treatment of DeSci organizations, tokens, and IP-NFTs varies by jurisdiction and may change. The research projects ValleyDAO funds carry scientific and technical risk, and outcomes are uncertain. Staking and co-investment do not guarantee financial returns.