Molecular led the creation of the DeSci Ecosystem Fund and has repurchased RIF and URO to support Pump.science
On December 6, according to the official announcement of the decentralized biotechnology protocol Molules, Moldule will cooperate with the Pump.science and the DeSci project BIO Protocol to establish the DeSci Ecosystem Fund, with a funding scale of 166 million BIOs (half of the allocation of Molecules), in order to accelerate the scientific intellectual property chain.
Molecular said it has repurchased $100,000 worth of RIFs and $100,000 worth of UROs to reaffirm its commitment to support RIFs, UROs, and Pump.science. The DeSci Ecosystem Fund will: fund on-chain research; support community initiatives; accelerate scientific intellectual property on-chain; and drive sustainable growth.