Introduction
Elata Introduction
Elata is forming a holistic ecosystem to work on important neuropsychiatric conditions.
ELTA Token Info
ELTA is the native token of the Elata ecosystem that will be used for decisions, rewards, and more.
Elata is a DAO (Decentralized Autonomous Organization) pioneering an open-source model at the intersection of blockchain, psychiatry, and neuroscience.
Our mission is to create an open community that utilizes blockchain to build projects, distribute and activate data, and eventually initiate therapeutics development efforts for psychiatric conditions.
Elata aims to pursue projects in areas of high unmet patient need by assembling a collective of patients, subject-matter experts, entrepreneurs, researchers, and anyone interested in participating.
To achieve our goals, we consider the entire R&D landscape - from start to finish - by utilizing the power of the commons to open-source and optimize the way psychiatric disorders are understood, diagnosed, and treated.
Why a DAO?
A DAO is the most sensible solution to our issue, as it can combine aspects of centralization and decentralization, is modular, and generally adopts characteristics from corporations and non-profits while remaining fundamentally distinct from both.
Psychiatry has long struggled with data silos, poor alignment of incentives, riskiness, and as a result, innovation.
The biotechnology and pharmaceutical industry have widely divested from this area and struggle with incentive alignment, whereas non-profits and public spinouts struggle heavily with efficiency, human capital, and productization.
We see implementing a DAO as a practical way to solve issues in psychiatry for the following reasons:
A DAO is decentralized, is free of barriers to entry, and perhaps even more focused on ethics, meaning anyone can contribute to and partake in the upside of successful efforts.
Can cover the high costs typically associated with R&D using funds from the DAO treasury.
It is scalable, modular (many initiatives can be executed simultaneously), and thus, more efficient.
A DAO is borderless; anyone can share data, contribute research and information, find new opportunities, and develop new open-source technologies.
This website is primarily used to host our Whitepaper, which includes a comprehensive outline of the problem, solution, and the steps we intend to follow to achieve our goals. Information on Governance and Tokenomics is also included.
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