HairDAO Voting Power Calculator
How Voting Works in HairDAO
Each HAIR token equals one vote in the HairDAO governance system. Voting determines which research studies get funded. With 1.53 million tokens in circulation, your voting power depends on how many tokens you hold.
Your Voting Influence
Enter your token amount and current price to see your voting power.
HairDAO isn't a typical cryptocurrency. You won't find it listed as a store of value or a speculative asset in most crypto newsletters. Instead, HAIR is a governance token tied to a radical experiment in medical research: a community-funded, blockchain-powered effort to cure hair loss.
What HairDAO Actually Does
HairDAO is a BioDAO - short for Biological Decentralized Autonomous Organization. It’s part of the DeSci (Decentralized Science) movement, which uses blockchain to bypass traditional, slow, and underfunded research systems. While big pharma pours billions into cancer and heart disease, hair loss research gets just 0.05% of early-stage funding - about $5.4 million a year. That’s despite the fact that over half of all women and two-thirds of men experience noticeable hair loss before age 35.
HairDAO’s solution? Let people who care - patients, scientists, and crypto users - vote with their tokens on which studies get funded. Each HAIR token equals one vote. No board of directors. No venture capitalists deciding what’s important. Just a public ledger of research proposals and token holders making the call.
The HAIR Token: More Than Just a Coin
The HAIR token is an ERC-20 token on the Ethereum blockchain. It doesn’t pay dividends. It doesn’t earn staking rewards. It doesn’t give you access to a product. Its only job is governance. If you hold HAIR, you can vote on whether to fund a study on Twist-1 inhibitors, topical Farnesol, or YAP-1 inhibition for scarless hair transplants.
As of November 2025, there are roughly 1.53 million HAIR tokens in circulation. The token hit an all-time high of $131.47 in early 2025, but it’s now trading around $46. That’s still a far cry from its peak, but it reflects a market that’s still finding its footing. The total market cap sits at about $30.5 million - tiny compared to Bitcoin, but significant for a niche medical research project.
What makes HAIR unique is how it turns research into digital assets. Every study funded by HairDAO gets turned into an IP-NFT - a non-fungible token that proves ownership and origin of the research data. The first one, minted in November 2021, documented how thyroid hormones affect human scalp tissue. That NFT is publicly viewable on Etherscan. It’s not just a receipt - it’s a permanent, tamper-proof record of scientific discovery.
How HairDAO Differs from Big Pharma
Traditional drug development takes 10-15 years and costs over $2 billion per approved drug. Most of that money goes into late-stage clinical trials, regulatory filings, and marketing. Early-stage research? Often ignored unless it’s likely to lead to a blockbuster drug.
HairDAO skips the middleman. It funds early, high-risk science that big companies won’t touch. In 2023, it funded a study on Twist-1 inhibitors that accelerated a researcher’s timeline by six months. That’s the kind of speed you don’t get from NIH grants or venture capital.
But here’s the catch: HairDAO doesn’t run clinical trials. It doesn’t have FDA approval pathways. It doesn’t manufacture pills or shampoos. Its job ends at early discovery. If a study shows promise, the IP-NFT can be licensed to a biotech firm - but that’s outside HairDAO’s control. The community funds the science. The industry turns it into a treatment.
Who’s Behind It - and Who’s Using It
HairDAO was founded in November 2021 as part of the bio.xyz cohort, alongside VitaDAO (longevity) and AthenaDAO (women’s health). Its core team includes scientists, crypto engineers, and patients who’ve struggled with hair loss themselves.
Its user base is small but passionate. Around 1,842 unique wallets hold HAIR tokens, and over 600 actively vote on proposals. Most are crypto-savvy individuals - either researchers who want to see their work funded, or patients tired of waiting for solutions.
On Discord, there are 2,457 members. You’ll find dermatologists, bioinformaticians, and people who’ve tried every shampoo on the market. The conversations are technical but open. One user, a trichologist, posted: “Our study got funded because 12 patients voted for it. That would never happen in a university.”
Challenges and Criticisms
HairDAO isn’t perfect. The biggest complaint? Low liquidity. Trading volume on Uniswap hovers around $4,600 a day. That’s not enough to attract large investors. A single whale could swing the price - and the votes - dramatically.
Another issue: scientific rigor. Some proposals are written in dense academic jargon. A Reddit user wrote: “I voted on a study about dermal papilla cells… but I have no idea what that means.” HairDAO has started adding plain-language summaries, but it’s still a work in progress.
Then there’s the regulatory gray zone. Could HAIR be classified as a security? If token holders profit from licensed IP, the SEC might take notice. So far, no action has been taken - but that could change.
And while the mission is noble, the road from lab to pharmacy is long. As one biotech analyst put it: “Funding a cool experiment is great. Getting FDA approval? That’s a different battle.”
How to Get Involved
If you want to participate, here’s how:
- Get an Ethereum wallet (MetaMask or Trust Wallet).
- Buy some ETH (you’ll need it for gas fees).
- Go to Uniswap V3 and swap ETH for HAIR using the HAIR/WETH pair.
- Connect your wallet to gov.hairdao.xyz to vote on research proposals.
Gas fees average $2.50 per transaction. It’s not cheap, but it’s cheaper than waiting 10 years for a new treatment to appear.
You don’t need to be a scientist to vote. You just need to care. If you’ve ever lost hair, or watched someone you love struggle with it, your vote matters.
The Bigger Picture
HairDAO is a test case. Can a group of strangers, connected only by a blockchain, fund real medical breakthroughs? So far, the answer is yes - but only in small, early steps.
It’s not going to replace the NIH. It’s not going to make you rich. But it’s giving people power they’ve never had before: the power to decide what science gets done - and who it helps.
For the first time, the people most affected by hair loss aren’t just patients. They’re funders. They’re co-creators. And they’re changing the game - one vote at a time.