Less than 2 hours until the first Ignition Sale on Bio Season 2, @NEURONGale.
Here’s everything you need to know 🧵↓
Mission
Neuron Gale is testing a small molecule in an in vivo mouse model to uncover a novel treatment to brain inflammation in Alzheimer’s.
If its Galectin-3 inhibition treatment proves effective, it could attain blockbuster drug status in a $1.44 trillion annual market.
Team
Neuron Gale is led by a team of neuroscientists and biotech entrepreneurs, including:
• Dr. Maryna Polyakova: Neuroscientist who leads the Neurotech Tree project at the Foresight Institute.
• Dr. Peter Groenen: Biomarker & translational expert with 25 years of biopharma experience, having led numerous early research teams through late-stage R&D.
• @Cerebrum_DAO: leading onchain research community backed by @BoostVC, advancing brain health research in various stages of drug screening & human trials.
Fundraising
$GALE will leverage Bio’s new Milestone Funding mechanism, which unlocks funding as FDV milestones are reached and maintained for 2+ weeks.
• Initial Raise: $50K
• Starting FDV: $500K FDV
• Total Potential Raise: $1.06M
FDV Milestone 1: $1M
Payout: $31K
FDV Milestone 2: $2M
Payout: $62K
FDV Milestone 3: $4.2M
Payout: $127K
FDV Milestone 3: $8.6M
Payout: $260K
FDV Milestone 4: $17.7M
Payout: $530K
Tokenomics
→ 10% allocated to the Ignition Sale
→ 5% allocated to Ecosystem Airdrop, automatically received by all $BIO stakers (veBIO holders)
→ Sale participants get 20% of their tokens liquid at TGE, while the remaining 80% vest linearly over the next 30 days
Neuron Gale Roadmap
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