Episode 53 - Crowd Funded Cures - DeSci and the decentralization of public good medicines

In Episode 53, we’re thrilled to be joined by Savva Kerdemelidis and Nicholas Fiorenza from Crowd Funded Cures, a web3 project with a mission to launch a DeSci crowdfunding platform to incentivise the discovery of new uses for off-patent drugs, plant medicines, nutraceuticals and other unmonopolisable therapies without reliance on patents by using IP-NFTs, Pay-for-Success (PFS) contracts, and the issue of Public Good Medical Prize NFTs. Sound complicated? Don’t worry, they do a great job of breaking it down in this episode as we discuss the role web3 can play in funding medical research and development, IPNFTs, and the amazing potential in the DeSci movement.Five Key TakeawaysDeSci provides new opportunities to engage individuals and communities in scientific research and development, and to create a more collaborative and open-source space.IPNFTs allow for the fractionalization of ownership in early-stage biopharma projects and research, providing greater access to liquidity for researchers.Pay-for-success models help incentivize research into new uses for off-patent medicines without the traditional risks.IP NFTs and pay-for-success models will allow for greater research into medicines and therapies that have traditionally been ignored due to a lack of profitability.Blockchain alone won’t solve the issues plaguing scientific research and development, but it will make solving them a lot easier.Follow and learn moreFollow Savva on TwitterFollow Nick on TwitterCrowd Funded Cures TwitterWebsiteDiscordMediumRedditBuy us a coffee!Enjoy the episode? Help us out by buying us a coffee:Fiat - https://www.buymeacoffee.com/cryptoaltruismSupport us with a small Crypto DonationETH(ERC20) - 0xac5C0105914F3afb363699996C9914f193aeDD4AOther tokens: cryptoaltruism.org/supportus--DISCLAIMER --While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity, before making an investment. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More on the disclaimer at cryptoaltruism.org.Please note: we make use of affiliate marketing to provide readers with referrals to high quality and relevant products and services.Full disclaimer available HERE.