IP-NFTs for Researchers: A New Biomedical Funding Paradigm

If NFTs are liquid IP, then holders will eventually own the property’s cash flows. This fact makes non-fungible tokens a financial asset class.

An alternative to the old-school endowmentapproach referenced to the left, an upstart socialjustice activist or a grassroots organization or anestablished nonprofit could create an NFT (or a seriesof NFTs) and sell them to their network of supporters.These digital goods could then be exchanged or sold,and the original creator would receive a royalt... See more

Still in its infancy, DeSci lies at the intersection of two broader trends: 1) efforts within the scientific community to change how research is funded and knowledge is shared, and 2) efforts within the crypto-focused movement to shift ownership and value away from industry intermediaries.