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HairDAOHairDAOby0x7cDb3E2AdD75683CBC0365cE6C6fC7A4f99E8591verbinnen.eth

HIP-17: Let's Try This Again: Topical TRH as a Non-Drug Hair Growth-Stimulatory Agent

Voting ended about 2 years agoSucceeded

Attention HairForce ! I am hereby reposting the proposal to fund the second collaboration between HairDAO and Cutaneon, who also developed our T34 treatment. While our first vote had 100% approval, it did not reach quorum. Additionally, this vote will take place over 24 hours as Ralf has put a time constraint on winning the deal.

The brief concept is to develop a hair follicle-targeting vehicle that delivers a therapeutically effective dose of thyrotropin-releasing hormone (TRH) in order to stimulate hair growth and/or reduce hair loss.

TRH is expected to be synergistic with our existing Thyroid Hormone treatment as it operates within the same hypothalamus-pituitary-thyroid axis yet it operates via a completely different mechanism of action. Thus, we believe TRH will be additive to our Thyroid Hormone Treatment.

The terms of the agreement with Cutaneon are as follows:

Cutaneon receives 256.5 K € for one year of research

135K € payable upon contract signature 40.5K* € payable after Milestone 1 Interim Report 40.5K € payable after Milestone 2 Interim Report 40.5K € payable after receipt of Final Report HairDAO owns 95% of the IP generated by the study

HairDAO has the option to purchase the remaining 5% of the IP from Cutaneon with a 10x cap on valuation. For additional information on the concept and strategy behind this study, please read the document linked below and/or watch the episode of the Hairy Matters podcast linked below:

https://drive.google.com/file/d/1c3Li3fPW-ZOzKoD1TqJTjHDFetCttlpC/view?usp=sharing https://www.youtube.com/watch?v=awP4fTtBxKM&t=1585s

Off-Chain Vote

For
119.91K vHAIR100%
Against
0 vHAIR0%
Abstain
0 vHAIR0%
Quorum:160%
Download mobile app to vote

Timeline

Dec 07, 2023Proposal created
Dec 07, 2023Proposal vote started
Dec 08, 2023Proposal vote ended
Mar 28, 2025Proposal updated