HairDAO is a global organization that focuses on generating study designs and funding research on hair loss. We utilize IP-NFTs to mint and secure the intellectual property rights for our studies on the blockchain. In November 2022, we successfully minted our first IP-NFT for our initial research study conducted with Dr. Ralf Paus, a renowned hair loss researcher, which examined the effects of T3 and T4 Thyroid Hormones on hair regrowth using human scalp skin organ cultures. The HairDAO token serves as a governance token, enabling us to govern all the assets held by the HairDAO multisig, including liquid tokens such as ETH and illiquid assets like our IP-NFT portfolio.