[PRESS RELEASE – Panama City, Panama, April 16th, 2025]

PoSciDonDAO, a decentralized organization dedicated to advancing scientific research, has approved its first-ever research funding proposal following the launch of its governance platform on March 19. The proposal, submitted by the Rare Compute Foundation, was made available to the DAO community for a vote and has successfully passed the quorum with majority support. It will be the first research project funded directly by PoSciDonDAO.

The approved project focuses on the application of generative artificial intelligence for the design of new treatments targeting rare diseases. The Rare Compute Foundation will receive 115,000 USDC on the Base network to carry out the proposed work. The effort integrates high-performance computing, machine learning, and laboratory experimentation in what the team describes as a “wet-dry loop”. The dry lab involves using computers and AI to design possible new medicines, which will then be tested in the wet lab setting for biological validation at university partners.

The research will develop and test three classes of molecular agents: small molecules, small proteins, and macromolecular binders such as antibodies. The team will first focus on diseases linked to the brain, especially those related to memory loss and problems with proteins building up in brain cells. Later, they may also work on pediatric oncology and autoimmune diseases.

Deliverables from the project include therapeutic candidate molecules, open-access and peer-reviewed publications, and machine learning models that may be released through public repositories or distributed through controlled-access systems. Among the tools expected are specialized models for blood-brain barrier permeability prediction and molecular design frameworks tailored to rare disease targets.

The project will be carried out in two phases. The first, a three-month “dry lab” period, will focus on data curation, model training, and candidate generation. A subsequent wet lab phase will involve experimental validation and refinement of selected candidates. The team has committed to providing regular financial reporting and weekly updates to PoSciDonDAO contributors.

This marks an important step for PoSciDonDAO and for the idea of decentralized science, demonstrating the organization’s capacity to support scientific research through decentralized decision-making and treasury management. It shows that communities can work together to choose and fund research that could help people with serious and often overlooked health problems.

About PoSciDonDAO

PoSciDonDAO leverages blockchain technology to democratize personalized medicine research by bridging the gap between researchers, funders, and the broader scientific community. Through decentralized governance and funding, the platform ensures transparent and equitable resource allocation, fostering trust and inclusivity in advancing personalized medicine innovation.

For more information about PoSciDonDAO, users can visit the official PoSciDonDAO website.

Users are invited to stay informed about PoSciDonDAO’s initiatives by following the project on social platforms:

Twitter/X | Telegram | Discord

[PRESS RELEASE – Hong Kong, Hong Kong, April 16th, 2025]

Datai Network announced its participation at the prestigious Google Cloud x BNB Chain event, Unlocking the Future of AI on BNB Chain, held at Google’s Hong Kong Headquarters. The event brought together innovators at the cutting edge of Web3 and Artificial Intelligence.

Maria Mounayar, co-founder and COO of Datai Network, delivered a keynote titled “Teaching AI to Speak Web3: Why Democratizing Data Matters.” At the same time, co-founder and CEO Elie Azzi joined an expert panel alongside industry leaders to discuss the evolving role of AI in decentralized ecosystems.

At the heart of Datai Network’s mission lies a belief that AI cannot truly engage with Web3 until it understands Web3. Yet, fragmented, unstructured, and complex on-chain data continues to pose a major obstacle for AI applications in blockchain environments.

“We’re building the data layer that AI needs to reason about Web3; by making real-time & historical blockchain data accessible, structured, and AI-friendly, we’re not just powering smarter agents, we’re enabling the next generation of decentralized applications.” Maria Mounayar, Co-Founder & COO, Datai Network

Datai Network is developing a decentralized data infrastructure that indexes and refines blockchain information into actionable intelligence from protocol metrics and liquidity flows to user positions. With an open architecture, Datai empowers developers, analysts, and AI agents with real-time, composable insights across chains.

Key highlights from the session included:

• Combining LLMs with Structured Blockchain Data: Maria addressed the challenges of using large language models with raw blockchain data, including data hallucinations and the need for structured preprocessing pipelines.
• Next-Gen AI Agents for Web3: The team showcased how intelligent AI agents can interpret blockchain activity and DeFi signals to deliver clear, conversational, and actionable outputs.
• Real-World Applications: Use cases such as intuitive portfolio management, simplified yield aggregation, security alerts, natural language backtesting, and guided onboarding were demonstrated, signaling a new era for user-friendly Web3 interfaces.
• Democratizing Blockchain Data: Datai Network’s platform transforms real-time on-chain and real-world data into digestible formats, making advanced insights available to everyone, from AI models to casual users.

As AI advances and Web3 matures, the intersection of these technologies holds transformative potential. Datai Network is at the forefront of this convergence, ensuring that the intelligence powering tomorrow’s digital agents is grounded in structured, democratized data.

About Datai Network

Datai Network is a decentralized data and analytics layer that aggregates and transforms blockchain data into actionable insights. It empowers developers and enterprises with reliable, real-time, and historical intelligence. Data Network is trusted by industry leaders such as Ledger, Zerion, Etherspot, and many others who depend on accurate and scalable data infrastructure.

Users can join the Datai Network community to not miss any news, developments & updates:

X (Twitter) – https://x.com/datainetwork

Telegram Official Chat – https://t.me/datai_network

Telegram Datai Network Announcements – https://t.me/DataiNetworkNews

LinkedIn – https://www.linkedin.com/company/datainetwork

Website – https://www.datai.network

Discord – https://discord.com/invite/CKCgU3MegH

Bitcoin’s price volatility returned today as the asset had climbed beyond $85,500 but fell sharply after Jerome Powell, the Chairman of the US Federal Reserve, addressed the potential impact of the tariffs against China and other nations.

As reported by CNBC, Powell said a potential rush of imported goods to avoid increasing tariffs could weigh on estimates of gross domestic product.

The US central bank might find itself in a difficult position, having to choose between controlling inflation and supporting economic growth, he added.

“If that were to occur, we would consider how far the economy is from each goal, and the potentially different time horizons over which those respective gaps would be anticipated to close,” Powell noted.

Answering a question after his remarks, the Fed Chair said it is likely the tariffs, which could rise to 245% for China, will move the central bank away from its goals of balancing inflation and ensuring full employment.

Powell also addressed the country’s interest rates, but he gave no clear indication of what the Fed’s next move would be. So far, the central bank has left them unchanged for two consecutive meetings this year, and Powell’s words hinted at more similar developments.

“For the time being, we are well positioned to wait for greater clarity before considering any adjustments to our policy stance.”

Bitcoin’s price reacted with immediate volatility to his comments. After dropping to $83,000 earlier today, the asset recovered a lot of ground and stood above $85,500.

However, it tumbled suddenly after his comments made the news, perhaps due to the uncertainty not only around the tariff impact but also around interest rates.

The liquidations are also on the rise, with almost $300 million being wiped out on a daily scale. The total number of wrecked traders stands above 140,000.