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Scientists fund marmot research with crypto meme coin

Created at 18 Aug · 1:11 PM1 source↑ Market-relevant
IN SHORT

Scientists studying marmots have secured over $100,000 in funding, largely through a newly created cryptocurrency meme coin called $OnlyMarms. This initiative aims to continue a 60-year research project threatened by science funding cuts.

Key Numbers

$100,000+Total funds raised for marmot research
$6,000Funds raised via OnlyFans account
$88,000+Funds raised by $OnlyMarms meme coin
60-yearDuration of continuous marmot study
11thGeneration of marmots studied
$700mGrants frozen by Trump administration

Who's Involved

Daniel Blumstein
UCLA professor and co-leader of the marmot research project
Julien Martin
University of Ottawa researcher and co-leader of the marmot research project
Donald Trump
US President whose administration cut science funding
Kenneth Armitage
University of Kansas academic who started the marmot study in 1962
Michael Kratsios
Trump's science advisor

↳ Why This Matters

This story highlights the growing influence of unconventional funding methods, including cryptocurrency and social media platforms, in supporting scientific research facing budget shortfalls. It also underscores the impact of political decisions on scientific endeavors and the adaptability of researchers in securing necessary funds.

Key facts

  • Scientists have raised over $100,000 to fund a 60-year marmot research project.
  • Funding was secured through an OnlyFans account and a new cryptocurrency meme coin, $OnlyMarms.
  • The $OnlyMarms meme coin, created by supporters on the Solana blockchain, raised more than $88,000 in two weeks.
  • The research project was facing termination due to science funding cuts.

Scientists studying marmots have secured over $100,000 in funding, largely through a newly created cryptocurrency meme coin called $OnlyMarms. This initiative aims to continue a 60-year research project threatened by science funding cuts.

The continuous study of marmots across the US west was facing termination after funding cuts imposed by the Trump administration. In response, researchers launched an OnlyFans account, named OnlyMarms, featuring non-explicit images of the rodents. This effort raised approximately $6,000.

A more significant boost came from a marmot-themed cryptocurrency, $OnlyMarms, created by outside supporters. This meme coin has raised over $88,000 in two weeks by donating transaction fees to the study. Combined with other donations, the project has secured enough funding to continue for another year.

Researchers expressed surprise and relief at the success of these unconventional funding methods. The study, initiated in 1962 by Kenneth Armitage, is one of the longest-running animal monitoring projects globally and has documented the impact of climate change on marmots, including increased body mass and a significant die-off due to lack of snow insulation during hibernation.

The project's leaders acknowledged that while these funds provide a crucial lifeline, they are not a sustainable substitute for traditional government funding. The use of cryptocurrency for scientific funding is seen as ironic, given the administration's science funding cuts.

Frequently asked questions

The 60-year marmot research project faced termination due to science funding cuts imposed by the Trump administration, prompting researchers to seek alternative funding sources.

Over $100,000 was raised in total. The OnlyFans account contributed around $6,000, while the $OnlyMarms meme coin raised more than $88,000 in two weeks.

$OnlyMarms is a cryptocurrency created by supporters on the Solana blockchain, with all transaction fees donated to the marmot research study.

The long-term study has documented the impact of climate change on marmots, observing changes in body mass and increased mortality due to insufficient snow cover during hibernation.

What Happens Next

01Researchers will focus on stretching the current funds to support the project for as long as possible.
02The team hopes for further success with the meme coin to potentially fund a PhD student for four years.

How It Developed

Scientists launched an OnlyFans account to fund marmot research.
A marmot-themed cryptocurrency, $OnlyMarms, was created by supporters.
The meme coin has raised over $88,000 in two weeks.
Total funding, including other donations, exceeds $100,000, ensuring research continues for another year.

Sources

T1
Scientists who turned to OnlyFans to fund marmot research receive crypto boostThe Guardian

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