--- title: "ValleyDAO" url: "https://caper.network/wiki/desci/ecosystem/valleydao" updated: 2026-08-25 license: CC-BY-4.0 license_url: "https://creativecommons.org/licenses/by/4.0/" --- # ValleyDAO | | | | --- | --- | | **Type** | DeSci DAO — climate biotech & synthetic biology R&D | | **Focus** | Funding synthetic biology research with climate and industrial applications | | **Governance** | Two-tier — Discourse discussion → [Snapshot](https://snapshot.org) vote | | **Token** | GROW (Ethereum, Base, Solana) | | **Holders** | 1,200+ GROW holders; 4,000+ community members (self-reported) | | **Treasury** | ~$4M (self-reported) | | **Portfolio** | 5 funded projects & spinouts; grants up to $200k, target <2 months to decision | | **Ecosystem** | [Bio Protocol](/wiki/desci/ecosystem/bio-xyz) BioDAO | | **IP framework** | [Molecule](/wiki/desci/ecosystem/molecule) [IP-NFTs](/wiki/desci/ip-nfts) | | **First IP-NFT** | "SavedApe" — microbial lipid production, Imperial College London (Aug 2023) | | **Website** | [valleydao.bio](https://www.valleydao.bio) | ## Overview ValleyDAO is a [decentralized science (DeSci)](/wiki/desci/what-is-desci) organization that funds [synthetic biology research with climate and industrial applications](https://www.valleydao.bio) — engineering biological systems (microbes, yeasts, enzymes) to make materials and chemicals that today depend on fossil inputs. It operates as a BioDAO within the [Bio Protocol](/wiki/desci/ecosystem/bio-xyz) ecosystem, using the same [Molecule](/wiki/desci/ecosystem/molecule) tokenization stack as sibling BioDAOs such as [VitaDAO](/wiki/desci/ecosystem/vitadao) and [CryoDAO](/wiki/desci/ecosystem/cryodao). The thesis is that early-stage synthetic biology is chronically under-funded by traditional grants and venture capital: promising academic work stalls in the "valley of death" between a publication and a fundable company. ValleyDAO routes community capital directly to that stage in exchange for a governed share of any resulting intellectual property. ## Mission and focus ValleyDAO frames its pipeline as [climate biotech](https://www.valleydao.bio/grow) — research where engineered biology can displace a carbon-intensive incumbent process. Representative directions include microbial production of oils, proteins and biodegradable materials, carbon-capturing organisms, and fermentation routes to industrial chemicals. Projects are sourced from academic labs, reviewed by the community, and funded only if token holders vote to back them. This narrows the broad DeSci mandate: where [VitaDAO](/wiki/desci/ecosystem/vitadao) funds longevity and [CryoDAO](/wiki/desci/ecosystem/cryodao) funds cryopreservation, ValleyDAO concentrates on synthetic biology with a commercial and environmental payoff, so that licensing income or startup equity can flow back to the DAO treasury. ## The GROW token and governance [GROW](https://www.valleydao.bio/grow) is ValleyDAO's governance token, deployed across Ethereum, Base and Solana with 1,200+ reported holders. It carries two rights: voting on which research proposals the DAO funds and how the resulting [IP-NFTs](/wiki/desci/ip-nfts) are licensed, and — via those IP-NFTs — a claim on downstream proceeds if a funded project generates licensing revenue or equity. Governance runs in two tiers, a pattern common across BioDAOs: proposals are first discussed on a [Discourse forum](https://snapshot.org) where members give feedback and refine terms, then move to [Snapshot](https://snapshot.org) for binding token-weighted votes. Because ValleyDAO sits inside [Bio Protocol](/wiki/desci/ecosystem/bio-xyz), secondary-market liquidity for GROW is managed at the protocol layer rather than by the DAO itself — a division of labour that lets the DAO concentrate on [curation and governance](/wiki/dao-governance/concepts/fundamentals/dao-governance-models) rather than market-making. ## Research funded: the SavedApe IP-NFT ValleyDAO's first funded project, minted as the ["SavedApe" IP-NFT](https://molecule.xyz/blog/valleydao-imperial-college-london) in August 2023, backed [Dr Rodrigo Ledesma-Amaro's lab at Imperial College London](https://molecule.xyz/blog/valleydao-imperial-college-london) with £228,000 to engineer the oleaginous yeast _Yarrowia lipolytica_ for sustainable, industrial-scale production of oils — a route to replacing extractive or fossil-derived lipids used across food, cosmetics and biofuels. The intellectual property from the work is held in an [IP-NFT](/wiki/desci/ecosystem/molecule) whose licensing and commercialization the DAO governs with GROW. This is the mechanism that distinguishes DeSci funding from a grant: the community that pays for the research retains a durable, tradable stake in whatever it produces, rather than handing the upside to a university tech-transfer office or a downstream acquirer. The portfolio has since widened well past that first mint, and the funding labels on [ValleyDAO's own projects page](https://www.valleydao.bio/projects) now split it in two. Three are community-funded research grants: **Cocoa ZERO** ($300,000), Ledesma-Amaro's follow-on at Imperial growing cocoa lipids by precision fermentation to about 90% of cocoa butter; **Forge** ($200,000), Dr Anna Kaksonen's integrated biomining work at CSIRO turning electronic waste into a domestic source of critical minerals; and **Hempy** ($115,000), Prof. Georg Gübitz's enzymatic softening of hemp fibre at the Austrian Centre of Industrial Biotechnology. Three are spinouts carrying conventional equity: **Tattva** ($70,000 equity financing), engineering cyanobacteria into carbon-negative construction materials; **BioHalo** ($1.9M raised externally), precision biohalogenation aimed at biodegradable substitutes for PFAS fluoropolymers; and **SynbioCAD**, an AI strain-design platform still in incubation. That split is the interesting part. The IP-NFT is the instrument for the research tranche; once a project becomes a company, ValleyDAO's exposure runs through ordinary equity instead – the same [coin-to-company transition](/wiki/desci/ip-nfts) that Molecule's own documentation now makes explicit across DeSci, where tokens confer no legal ownership and a shareholding is acquired off-chain. ## Place in the Bio Protocol ecosystem ValleyDAO is one of the ten BioDAOs on [Bio Protocol](/wiki/desci/ecosystem/bio-xyz)'s own [ecosystem listing](https://www.bio.xyz/) (read 25 August 2026), alongside [VitaDAO](/wiki/desci/ecosystem/vitadao) (longevity), [AthenaDAO](/wiki/desci/ecosystem/athenadao) (women's health), [PsyDAO](/wiki/desci/ecosystem/psydao) (psychedelic science) and [CryoDAO](/wiki/desci/ecosystem/cryodao) (cryopreservation). Each is a domain-specific fund with its own token and treasury, while Bio Protocol supplies the shared launchpad, curation market (staking BIO to admit new DAOs) and liquidity layer. For a fuller map of how these pieces fit together, see [What is DeSci](/wiki/desci/what-is-desci), [IP-NFTs](/wiki/desci/ip-nfts) and the [Bio Protocol](/wiki/desci/ecosystem/bio-xyz) overview. ## How Caper approaches this ValleyDAO shows the BioDAO shape at work: a specialized community raises a token, funds research, and governs the resulting IP — but it leans on Bio Protocol for the launchpad and on Molecule for the IP-NFT layer, and on Discourse plus Snapshot for governance. A [caper](/wiki/foundations/what-is-a-caper) folds those separate layers into one primitive: the raise (a [bonding curve](/wiki/markets/bonding-curve)), the treasury, the on-chain proposal system ([PAYOUT / INVEST / DIVEST / VOTE](/wiki/governance/proposals)) and a participation-weighted [exit](/wiki/foundations/leaving-a-caper) – whose treasury share is the member's canonical vote weight `(t·v)/(V·T)`, consuming both the governance tokens and the soulbound vote tokens rather than paying out by balance – ship together, so a community funding a project does not have to assemble four tools to do it. The mission is shared — get capital to under-funded work and let the people who funded it keep a real stake — and the difference is packaging.