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Biology startup idea: Since Rhino horn is just like keratin and dirt or something, design a process to create spot-on fake rhino horns and flood the market wit
by notnot 11y ago
Biology startup idea:
Since Rhino horn is just like keratin and dirt or something, design a process to create spot-on fake rhino horns and flood the market with them.
You would make lots of money at first and eventually drop the price of rhino horn to the point where it wouldn't be economically feasible to harvest real Rhino horn.
- _lce0 11y agoapplied Gresham's law. Neat idea! Bad rhino horns drives out good
- technotony 11y agoThere are at least two startups working on this idea. eg http://synbiobeta.com/pembient-bioengineered-wildlife-products/ http://synbiobeta.com/pembient-bioengineered-wildlife-produc... Personally I think it's a bad idea, as it's demand which drives this not supply. fixing supply may only increase demand for the 'real thing' even more.
- timc3 11y agoExactly what will happen, more supply will create more demand, which in turn will create a demand for a premium product - the real thing