4 ms·

Really surprised that it's only $250K in total. I would have thought that there would be enough widespread interest in this to raise a lot more. Also some of t

Really surprised that it's only $250K in total. I would have thought that there would be enough widespread interest in this to raise a lot more. Also some of this is a bit confusing 'the longevity prize' (singular) but multiple prizes apparently? Only a $20k prize mentioned on front page?

echelon 4y ago
Because it's almost entirely funded by bitcoin and DAO projects. Half the page is crypto.
- klelatti 4y ago
  You mean earlier this year it was $25 million? More seriously though, its small change for some of the donors listed here.
- quickthrower2 4y ago
  "Sponsored by marks"
- erikVan 4y ago
  created by VitaDAO. $20M Market Cap & 20+ projects funded. Vita(lik)DAO wink wink https://www.coingecko.com/en/coins/vitadao https://www.coingecko.com/en/coins/vitadao
popotamonga 4y ago
Was gonna ask the same, why are these things so low? With the current super high salaries many people should have 250k in the bank i assume, so an organization should have 50x as much?
oefrha 4y ago
An average NIH grant is >$500k.[1] I fail to see how a $20k prize is going to motivate anyone. It’s not like a rando can do longevity research in their garage. [1] https://report.nih.gov/nihdatabook/report/155 https://report.nih.gov/nihdatabook/report/155
- karamanolev 4y ago
  The $20k prize is specifically, from what I read, for randos who can trawl through past research and find forgotten ideas, with the goal to resurface them. To quote: "Over a century of all the world’s biological knowledge is available to anyone taking the time to read the literature."
  - fuzzfactor 4y ago
    That's basically $20K for an idea. That's very good money if you already have the right idea. Or can come up with one real easy.
  - oefrha 4y ago
    If you read the details at https://www.longevityprize.com/prizes/hypothesis https://www.longevityprize.com/prizes/hypothesis, it's really aimed mainly at people with relevant training who's already working in the area of their submission or ready to do follow-up hands-on research, rather than being a public suggestion box. I agree it doesn't preclude randos from winning though.

echelon 4y ago

Because it's almost entirely funded by bitcoin and DAO projects. Half the page is crypto.

klelatti 4y ago
You mean earlier this year it was $25 million? More seriously though, its small change for some of the donors listed here.
quickthrower2 4y ago
"Sponsored by marks"
erikVan 4y ago
created by VitaDAO. $20M Market Cap & 20+ projects funded. Vita(lik)DAO wink wink https://www.coingecko.com/en/coins/vitadao https://www.coingecko.com/en/coins/vitadao

popotamonga 4y ago

Was gonna ask the same, why are these things so low? With the current super high salaries many people should have 250k in the bank i assume, so an organization should have 50x as much?

oefrha 4y ago

An average NIH grant is >$500k.[1] I fail to see how a $20k prize is going to motivate anyone. It’s not like a rando can do longevity research in their garage. [1] https://report.nih.gov/nihdatabook/report/155 https://report.nih.gov/nihdatabook/report/155

karamanolev 4y ago
The $20k prize is specifically, from what I read, for randos who can trawl through past research and find forgotten ideas, with the goal to resurface them. To quote: "Over a century of all the world’s biological knowledge is available to anyone taking the time to read the literature."
- fuzzfactor 4y ago
  That's basically $20K for an idea. That's very good money if you already have the right idea. Or can come up with one real easy.
- oefrha 4y ago
  If you read the details at https://www.longevityprize.com/prizes/hypothesis https://www.longevityprize.com/prizes/hypothesis, it's really aimed mainly at people with relevant training who's already working in the area of their submission or ready to do follow-up hands-on research, rather than being a public suggestion box. I agree it doesn't preclude randos from winning though.