DeSci project VITA (VitaDao) has reached a market capitalization of $35 million, with its current price at $3.85 and a 24-hour increase of 46.58%. VitaDAO aims to revolutionize scientific research funding by combining blockchain technology and a decentralized organizational structure. It seeks to solve problems in traditional biomedical research, such as funding acquisition and direction limitations, by providing more autonomy and resources to researchers.
The ultimate goal is to encourage more innovative longevity research projects.