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Discover what PsyDAO (PSY) is, how it works, and why it matters in crypto. Explore its features, use cases, tokenomics, and tutorials with MEXC.Discover what PsyDAO (PSY) is, how it works, and why it matters in crypto. Explore its features, use cases, tokenomics, and tutorials with MEXC.

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What is PsyDAO (PSY)
Unlisted

$0.02743447

$0.02743447$0.02743447

+4.80%1D

USD

This token data is sourced from third parties. MEXC acts solely as an information aggregator. Explore other listed tokens on MEXC Spot market!

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Page last updated: 2025-11-01 06:22:40 (UTC+8)

PsyDAO (PSY) Basic Introduction

PsyDAO is a bioDAO incubated by Molecule and accelerated by bio.xyz developing intellectual property to advance psychedelic science. Initiated in 2022 by members of the founding teams of VitaDAO, Molecule, and Gitcoin, PsyDAO uses IP tokens including IP-NFTs and fungible IPTs in order to build an onchain portfolio of psychedelic IP. Membership in PsyDAO is open to anons, pseudonymous participation is encouraged, and privacy protection is paramount. Knowledge and research can be shared with zero knowledge of the identity of the sender or recipient. PsyDAO utilizes new open-source models for IP tokenization, IPNFTs,and IP rights distribution, with ethical encumbrances, through fungible tokens. PsyDAO intends to be a hivemind - a literal collective consciousness for the ethical development of psychedelics. The goal of PsyDAO is to redesign incentives and access from the bottom up - focusing on people (patients, recreational users, and spiritual communities), as opposed to centralizing ownership within organizations that have intrinsically misaligned incentives.

Membership in PsyDAO is open to anons, pseudonymous participation is encouraged, and privacy protection is paramount. Knowledge and research can be shared with zero knowledge of the identity of the sender or recipient.

PsyDAO utilizes new open-source models for IP tokenization, IPNFTs,and IP rights distribution, with ethical encumbrances, through fungible tokens.

PsyDAO intends to be a hivemind - a literal collective consciousness for the ethical development of psychedelics. The goal of PsyDAO is to redesign incentives and access from the bottom up - focusing on people (patients, recreational users, and spiritual communities), as opposed to centralizing ownership within organizations that have intrinsically misaligned incentives.

PsyDAO (PSY) Profile

Token Name

PsyDAO

Ticker Symbol

PSY

Public Blockchain

Whitepaper

Official Website

Sector

Market Cap

$ 1.60M

All Time Low

$ 0.019246

All Time High

$ 0.82386

Social Media

Block Explorer

PsyDAO (PSY) Tokenomics

Tokenomics describes the economic model of PsyDAO (PSY), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.

PsyDAO Tokenomics

Pro Tip: Understanding PSY's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.

PsyDAO (PSY) Price Prediction

Building on tokenomics and past performance, price predictions for PSY aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of PSY? Check it out now!

PsyDAO Price Prediction

Disclaimer

The information on this page regarding PsyDAO (PSY) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.