PsyDAO supports the goals of decentralized science by using a decentralized autonomous organization (DAO) structure, which allows for a collective decision-making process that is not controlled by any single entity or individual. This means that decisions related to funding and research priorities are made by the community as a whole, rather than by a centralized authority.

In addition to its DAO structure, PsyDAO aims to democratize early-stage psychedelic research and intellectual property (IP) through the use of tokenized ownership and community governance. By using open-source technology and creating powerful, open-source data repositories that are governed by the community, PsyDAO can ensure that research is widely accessible and not controlled by any single entity or individual.

PsyDAO also intends to hold IP rights in underlying research projects that it supports, which will be attached to ‘IP NFTs’. This will allow for the democratization of access to these projects, ensuring that they are not controlled by a single entity or individual, but are instead shared among the community.

Overall, PsyDAO's focus on decentralized decision-making, open-source technology, and democratizing access to research and IP aligns with the goals of decentralized science, which aims to make science more transparent, accessible, and inclusive for all.