AxonDAO Governance TokenPrice

(AXGT)

AxonDAO Governance Token (AXGT) is the native utility and governance token of the AxonDAO ecosystem, a decentralized autonomous organization (DAO) focused on advancing decentralized science (DeSci) in healthcare. AxonDAO aims to revolutionize how individuals interact with their health data and how scientific research is conducted and funded. AxonDAO was originally a telehealth-clinical data startup called Axon, founded in 2014. In 2021, it transitioned into a DAO, integrating traditional healthcare models with Web3 token economics. The project leverages blockchain, artificial intelligence (AI), and health data standards like HIPAA to empower individuals with control over their health data, ensure data security, anonymity, and individual ownership. The AXGT token plays a central role in the AxonDAO ecosystem. It enables holders to participate in governance by voting on proposals, project funding, and resource allocation, effectively decentralizing power from traditional institutions to researchers and the community. AXGT also incentivizes data contributors and allows for the funding of biomedical research and biometric data collection. A portion of transaction fees (1%) is channeled into a research fund to support scientific advancements, eliminating intermediaries. AxonDAO's initiatives include projects like A+Voice, an innovative research platform that utilizes biometric AI voice systems to monitor vocal biomarkers for early detection and assessment of conditions such as Alzheimer's, Parkinson's, and PTSD. This platform uses blockchain technology to timestamp, anonymize, and process voice data while adhering to privacy standards. Another project is CureRING, a wearable device that allows users to own, protect, and earn compensation for their health data. Users can receive AXGT tokens after consistent use of the device. The project emphasizes empowering individuals through scalable blockchain infrastructure, ethical data access, and predictive health AI. AxonDAO has also been approved for NVIDIA's Inception Program, which provides computational resources for its research initiatives. The ultimate goal of AxonDAO is to fully decentralize its treasury and create a more equitable and inclusive future in medical science and research. Learn more

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