We are thrilled to share PsyDAO’s Open Psychedelic Science ecosYstem Whitepaper, authored by Balazs Szigeti, Warren, and Chris Byrnes. The OPSY Whitepaper outlines the primary focus of PsyDAO’s scientific working group: building OPSY and demonstrating the platform's benefits by executing pilot studies.

Whitepaper Summary

OPSY is a privacy-preserving middleware layer designed to accelerate psychedelic citizen science through distributed ledger technology. OPSY is designed to unblock bottlenecks in recruiting research participants in naturalistic studies of psychedelics by providing token-based incentives, such as IP tokenization, and fractional governance, to participate in studies hosted by OPSY. Using such token incentivization will enable OPSY studies to recruit larger samples than what is possible in traditional psychedelic citizen science, where participants are not compensated. OPSY will aim to host studies that complement ongoing clinical trials with psychedelics with a focus on studying diverse psychedelic experiences, such as those induced by novel psychoactive drugs, measure long-term (1+ year) outcomes, and effects on underappreciated medical conditions, such as long-COVID. By democratizing psychedelic citizen science, OPSY will represent a significant leap forward in psychedelic research and bring psychedelic science onchain.

Token Sale Closure Approaching

The PSY token sale will likely close next month. This is a crucial step in the DAOs journey, enabling funding of OPSY and psychedelic research projects voted on by the PsyDAO community.

Use Cases and Collaborators

We are proud to collaborate with leading minds and organizations in the field, including renowned researcher Balázs Szigeti, PhD, who is one of the few scientists affiliated with both UCSF's Translational Psychedelic Research Group and Imperial College's Centre for Psychedelic Research - two leading institutions of the current wave of psychedelic research. Dr. Szigeti is instrumental in shaping the future of both psychedelic science and OPSY. This collaboration underscores the diverse applications and the profound impact OPSY is set to achieve. More info soon!

PSYC Token Launch

The PSYC NFT sale will open shortly. It will be the first step in the decentralized growth of PsyDAO along the Fibonacci sequence and the first time kené IP from the Shipibo-Conibo tribe in the Peruvian Amazon, masters of ayahuasca and matters of plant medicine, will be brought onchain.

Read more about PSYC in our earlier blog post.

Call to Action

Soon, we will drop an onchain proposal for PsyDAO token holders to vote on proceeding with building OPSY. This marks a pivotal moment for our community, and we invite everyone to read the Whitepaper and add their comments. Your feedback is crucial in refining and perfecting our product, feel free to comment it directly in the linked document.

We are on the lookout for passionate builders to join us in building OPSY. Your expertise and enthusiasm are needed to bring this vision to life. If you’re ready to make a meaningful impact in the world of psychedelic science, connect with us on Discord and become a part of this exciting journey.

Join us in this groundbreaking endeavor. Together, we can pave the way for a new era of psychedelic research and therapy.

So please read the whitepaper, share your thoughts, and let’s build the future of psychedelic science with OPSY! 🍄