Your EDM
  • News
  • Featured
    • Editorials
    • Giveaways
    • Aspire To Inspire
    • Interviews
  • Music
    • House
      • Bass House
      • Commercial House
      • Deep House
      • Disco House
      • Dutch House
      • Electro House
      • Future House
      • Indie Dance
      • Nu-Disco
      • Progressive House
      • Tech House
    • Bass Music
      • Drum n Bass
      • Dubstep
      • Future Bass
      • Glitch Hop
      • Hardstyle
      • Moombahton
      • Trap
    • Trance
      • Trouse
      • Uplifting Trance
      • Tech Trance
    • Free Downloads
  • Discord
  • News
  • Featured
    • Editorials
    • Giveaways
    • Aspire To Inspire
    • Interviews
  • Music
    • House
      • Bass House
      • Commercial House
      • Deep House
      • Disco House
      • Dutch House
      • Electro House
      • Future House
      • Indie Dance
      • Nu-Disco
      • Progressive House
      • Tech House
    • Bass Music
      • Drum n Bass
      • Dubstep
      • Future Bass
      • Glitch Hop
      • Hardstyle
      • Moombahton
      • Trap
    • Trance
      • Trouse
      • Uplifting Trance
      • Tech Trance
    • Free Downloads
  • Discord
No Result
View All Result
Your EDM
No Result
View All Result
Home EDM News

Mystery Bitcoin Millionaire Donates $4,000,000 To MDMA Research

by Karlie Powell
January 13, 2018
in EDM News
G-Eazy, Mariah Carey & More Now Accepting Cryptocurrency For Merch

Bitcoin is paying off for many people in a number of ways, but this one has to be one of the most epic things to come out of cryptocurrency wealth…

An anonymous “Bitcoin millionaire” is donating $4 million toward MDMA research, particularly how it could help with treating post-traumatic stress disorder (PTSD) in patients. In order to receive the money, however, The Multidisciplinary Association for Psychedelic Studies (MAPS) will have to match the same amount before March 10, 2018.

It’s all part of The Pineapple fund — the benefactor’s initiative to give away $86 million in digital currency.

“PTSD is a severe condition that affects everyone from sexual assault survivors to military veterans,” the anonymous donor explains in a statement.”

“MDMA-assisted psychotherapy has shown great promise. We’re offering the matching grant because we think the psychedelic and cryptocurrency communities can work together to finish funding Phase III clinical trials.”

The U.S. Food and Drug Administration (FDA) designated the illegal psychedelic to be tested for breakthrough therapy, which should allow the regulatory process to move quickly. Overall, this sounds like a hopeful step in using MDMA in safe amounts to better the quality of life of people suffering from PTSD, and maybe beyond.

 

H/T: MixMag

Tags: bitcoindonationfdamdmamillionairePTSDResearch
Previous Post

Live Nation Pays Out $110 Million To Songkick After 2-Year Court Battle

Next Post

NGHTMRE x Dillon Francis Go On A Rick & Morty-Like Adventure In New Music Video

Karlie Powell

Karlie Powell

Next Post
NGHTMRE x Dillon Francis Go On A Rick & Morty-Like Adventure In New Music Video

NGHTMRE x Dillon Francis Go On A Rick & Morty-Like Adventure In New Music Video

No Result
View All Result

Facebook Twitter Instagram Twitch

Our Company

  • Contact Us
  • Join the community

Our Policies

  • Privacy Policy
  • Cookie Policy
  • Terms of Use
© 2020 Your EDM, LLC - All Rights Reserved
No Result
View All Result
  • News
  • Featured
    • Editorials
    • Giveaways
    • Aspire To Inspire
    • Interviews
  • Music
    • House
      • Bass House
      • Commercial House
      • Deep House
      • Disco House
      • Dutch House
      • Electro House
      • Future House
      • Indie Dance
      • Nu-Disco
      • Progressive House
      • Tech House
    • Bass Music
      • Drum n Bass
      • Dubstep
      • Future Bass
      • Glitch Hop
      • Hardstyle
      • Moombahton
      • Trap
    • Trance
      • Trouse
      • Uplifting Trance
      • Tech Trance
    • Free Downloads
  • Discord

© 2020 Your EDM, LLC - All Rights Reserved