The Birth of MiraDAO

Source:https://x.com/0xMiraDAO

MiraDAO (MIRA) is a decentralized autonomous organization (DAO) based on blockchain technology, dedicated to funding research and treatment of pediatric rare diseases. The birth of MiraDAO can be traced back to December 2024 when Siqi Chen and his wife Yi Ding received the devastating news that their daughter Mira had ameloblastic craniopharyngioma. Although the disease is benign, its location is special and often accompanied by severe quality of life issues. In order to seek better treatment options, Siqi began to use his spare time to research scientific literature related to the disease and found that due to its rarity, research and funding support for it are extremely scarce.

To improve the situation, Siqi and his wife decided to donate money for research at Hutchinson’s Lab (Colorado Children’s Hospital) and began raising funds through the GoFundMe platform. Along the way, the support from the community has also grown, especially from the crypto community. Eventually, a Memecoin called MIRA came into being and quickly attracted a large amount of donor funding. MIRA has not only become a project dedicated to helping Mira, but also gradually transformed into a public welfare project for children with rare diseases around the world.

Source:https://x.com/blader

The core pillar of MIR

The mission of MiraDAO is to provide sustainable funding support for global pediatric rare disease research and treatment through the power of decentralized community. The success of MIRA relies not only on blockchain technology, but also on the collective strength of social trust and global community. The following are the core pillars of MIRA:

1. Locked liquidity pools to continue funding donations
   5% of MIRA tokens are permanently locked in the liquidity pool of Meteora together with 1,662 SOL, ensuring the stability of token price and investor confidence. All transaction fees from this liquidity pool will be used to fund the DAO treasury, supporting non-profit research and treatment for pediatric rare diseases.
2. Donate directly to make a real impact
   MIRA aims to use the power of decentralized communities to directly fund research and treatment of rare pediatric diseases. Although individual rare diseases are relatively uncommon, one in ten people worldwide is affected by some form of rare disease, with around half of them being children. Due to the lack of funding, many conditions have not been fully researched, leaving patients and their families in distress. MIRA aims to change this situation by providing funding support and increasing social awareness of rare diseases.
3. Raise awareness of rare diseases and the holder base of MIR tokens
   The MIRA community will showcase the beneficiaries of MIRA’s donations, including patients receiving treatment and laboratories conducting groundbreaking research, through social media platforms. These personal stories help convey the actual impact of each donation and inspire the community to further expand attention and financial support for rare diseases.
4. Decentralized Governance
   MIRA DAO is the core of MIRA operation, adopting a decentralized governance model to ensure transparent and democratic allocation of resources. The funds accumulated in the DAO treasury come from transaction fees, direct donations, and other sources of income. The allocation of funds is determined by DAO participants through on-chain voting, ensuring community control over the project.
5. Participation Proof Protocol (POAP) to commemorate support
   Whenever MIRA donates to non-profit organizations, token holders can claim an NFT badge as proof of participation. This mechanism not only showcases the outcomes of each donation, but also encourages active involvement of community members.
6. MIRA Launchpad platform
   MIRA also plans to launch the Launchpad platform, allowing new social impact projects to raise funds using $MIRA as collateral or staking tokens.

• Project Incubation: Emerging social or influential projects can be launched through MIRA Launchpad, using MIRA as collateral or staking token.
• Community-driven: MIR token holders can vote to decide which projects to list, ensuring that only reputable and mission-aligned projects are supported.
• Launchpad Liquidity: MIRA token will also serve as the liquidity token for new public welfare projects, providing financial support through MIRA Launchpad.

Token Economics of MIRA

MIRA token is an SPL token based on the Solana blockchain, with a total supply of 1 billion. Its market value has reached a peak of over $65 million and has fallen to $6.4 million as of the time of writing (January 20, 2025). The following are the main distribution and economic models of the MIRA token:

Source:https://miradao.gitbook.io/miradao-whitepaper/resources/tokenomics

• 71% of MIRA is in circulation.
• 5% of MIRA is@bladerDirect control of the charity wallet. These tokens are used for liquidity pools, direct donations, and long-term partnerships with the DeSci system, aiming to create sustainable funding support for children with rare diseases.
• 10% of MIRA is held by the DAO treasury.
• 13.9% of the total supply is locked for one year. After the lock-up period expires, 3.9% will be added to the supply.@bladerThe charity wallet, 10% will be added to the DAO treasury.

The value of MIRA token does not rely on traditional financial returns, but is derived from the trust and support of the decentralized community, as well as the belief in contributing to social public welfare. Whenever the community supports the MIRA project, the demand and value of the token will increase with the increase in donation amount.

MIRA has been listed on the Gate.io Innovation Zone, start trading now:https://www.gate.io/pilot/solana/mira-mira

MIRA Team and Development Prospects

MiraDAO was founded by Siqi Chen and Yi Ding. Siqi Chen is an experienced entrepreneur who has served as CEO of several well-known companies and is also an investor in multiple companies. He has a remarkable track record at NASA JPL and has received the Congressional Space Act Award. Yi Ding is a renowned actress who has made important contributions to the promotion and publicity of the MIRA project through her experience and influence in the entertainment industry.

The core values of the MIRA team are transparency, responsibility, and influence, and they will continue to drive the development of the MIRA project in order to achieve the following goals:

• Phase 1: Infrastructure and Launch (Q1 2024): Establish official website, whitepaper, initiate DAO governance and first POAP claim.
• Phase 2: Ecosystem Expansion and Launchpad (Q2 to Q3 2024): Testing MIRA AI Agent, launching MIRA Launchpad to support fundraising for new projects.
• Phase 3: Global adoption and maturity (Q1 2025): Achieve cross-chain integration, expand the MIRA token to ecosystems such as Ethereum, Polygon, etc.

As MIRA’s popularity continues to rise, more international non-profit organizations, research institutions, and hospitals will become partners of MIRA, which will further promote MIRA to become the world’s leading ‘charity cryptocurrency’.

Summary

MiraDAO is committed to providing sustainable funding support for the research and treatment of pediatric rare diseases worldwide through a decentralized governance model and community support. MIRA is not just a cryptocurrency project, it represents hope for the future - through collective efforts, to help more children get out of trouble and more families regain hope. In the future, MIRA is expected to become a model for the integration of blockchain technology and social welfare, ushering in a new era for global charity.

Risk Warning: Meme tokens face extremely high volatility and market uncertainty. There is a higher investment risk, and investors need to make cautious decisions.