Buy GenomesDAO GENE ($GENE)
What is GenomesDAO GENE?
GenomesDAO (GENE) is a private and secure DNA database that prioritises user control over their genomic data. Utilising AMD SEV-ES Vault and blockchain technology, GenomesDAO enables users to securely store and manage their DNA data. The $GENE token serves as a utility token within this ecosystem, facilitating queries by pharmaceutical companies and research organisations.
How does GenomesDAO GENE work?
GenomesDAO utilises AMD's SEV-ES Vault for secure storage, creating encrypted 'vaults' for user DNA data. This, coupled with blockchain technology, ensures a transparent and immutable audit trail of access to genomic data. GENE tokens enable the querying of DNA vaults, and the platform employs smart contracts to manage these operations. The use of Ethereum blockchain implies a potential reliance on Proof of Stake (PoS) for consensus.
What are the potential use cases for GenomesDAO GENE?
The potential use cases for GenomesDAO GENE include creating secure, user-owned genomic databases that pharmaceutical companies and research organisations can query. It empowers individuals to explore their genetic data for insights, aiding advancements in personalised medicine and genetic research. In biotechnology, the secure monetisation of genomic data is a key innovation, with partnerships enhancing its applications.
What is the history of GenomesDAO GENE?
Founded in London in 2018, GenomesDAO aims to revolutionise genomic data collection and use. Noteworthy milestones include winning the Deloitte Tech Fast 50 Challenge Award in 2022 and securing investments from Pantera Capital and Modular Capital in 2024 to enhance its offerings. The platform's evolution includes a partnership with AMD for secure storage technology and the development of Virtual Labs for data analysis and interpretation.
Coin Contract Addresses
Related Assets
Resources
Learn More About GenomesDAO GENE
Frequently Asked Questions (FAQs)
What is the current price of GenomesDAO GENE ($GENE)?
The GenomesDAO GENE price is $0.00041213 AUD, representing a +10.39% from the day prior.
Where is the best place to buy GenomesDAO GENE ($GENE) in Australia?
The best place to buy GenomesDAO GENE ($GENE) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell GenomesDAO GENE ($GENE) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of GenomesDAO GENE ($GENE)?
The trading volume of GenomesDAO GENE ($GENE) is $161 AUD in the last 24hrs, representing a +10.39% from the day prior.
How can I buy GenomesDAO GENE ($GENE)?
GenomesDAO GENE ($GENE) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of GenomesDAO GENE ($GENE)?
The current market cap of GenomesDAO GENE ($GENE) is $102.3K AUD.
Can I convert GenomesDAO GENE ($GENE) to cash?
Yes - With Coinstash you can convert your GenomesDAO GENE ($GENE) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many GenomesDAO GENE ($GENE) are there?
The current circulating supply of GenomesDAO GENE ($GENE) is 270.8M.
Is Coinstash a safe place to buy GenomesDAO GENE ($GENE) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling GenomesDAO GENE ($GENE) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.