A new decentralized autonomous organization (DAO), called BitMouseDAO, aims to genetically engineer a mouse to put a Bitcoin inside it and see its value soar along with the cryptocurrency, Vice Motherboard reported.
Whether it is the ConsitutionDAO wanting to buy a rare copy of the U.S. Constitution or BlockbusterDAO wanting to own the brand name and convert it into a streaming platform, big and wild ideas before but BitMouseDAO is something new.
Like with other DAOs, the identity of the original creators is hidden but it seems like it’s a molecular biology student with a lot of interest in crypto art. The inspiration for BitMouseDAO, as listed on its webpage, is Eduardo Kac’s bio-art, which is a live rabbit genetically modified to emit green fluorescent protein, an intermediary step in many molecular biology experiments.
The creator(s) wants to use a private key to purchase Bitcoin and then recode it using the building blocks of DNA, (A, T, G, C) and insert this code inside the mouse. The value of the mouse will fluctuate alongside the Bitcoin markets and may reach $100 million or nothing at all in ten years’ time, the webpage says. The mouse’s offspring are also estimated to be as valuable.
The DAO plans to make non-fungible tokens (NFT) of the original BitMouse and its offspring that will be auctioned to the highest bidder and make money for those who support this project now. They also have a backup plan of injecting the mouse with a non-lethal virus that carries an encrypted copy of the private key. The creator wants to rope in a biotech company to do all this and will need a lot of funds to get this project started. Unfortunately, the DAO has only three supporters and just donated over 0.02 ether so far.
The creator aims to make a different piece of art and not make a “biochemical monster”. However, they will need funding before making anything. Maybe, instead of jumping so many hoops to get a BitMouse, it would just be easier to let it handle a portfolio of cryptocurrencies from a cage. Like Mr. Goxx., it might start making a fortune right away, instead of spending a fortune to hide a private key inside.