Molecule has taken the lead in establishing the DeSci ecosystem fund, and has repurchased RIF and URO to support Pump.science
According to the official announcement of the decentralized biotechnology protocol Molecule, Molecule will cooperate with Pump.science and DeSci project BIOProtocol to establish a DeSci ecosystem fund with a scale of 166 million BIO (half of Molecule's allocation), in order to accelerate the on-chain process for scientific intellectual property rights. Molecule stated that it has repurchased $100,000 worth of RIF and $100,000 worth of URO, reaffirming its commitment to support RIF, URO and Pump.science. The DeSci ecosystem fund will: finance on-chain research; support community initiatives; accelerate the on-chain process for scientific intellectual property rights; promote sustainable growth.
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