EncrypGen

EncrypGen

EncrypGen is a blockchain project designed to allow individuals to place their genetic code on the blockchain privately and securely and manage the ability to sell it to researchers.

Encrypgen is a company making a blockchain-based peer-to-peer DNA data market place that was founded by David Koepsell and Vanessa Gonzalez Covarrubias in 1985. The company offers a blockchain-based network for sharing genetic data called the Gene-Chain, and also offers other DNA related products and services. The Gene-Chain empowers users to store and monetize their genetic data by sharing it with buyers looking to obtain genetic data such as research scientists and health related service providers. Encrypgen is partnered with Viazoi and Codigo46 to offer its users DNA test kits.

Gene-Chain miners are rewarded with DNA tokens, which are the medium of exchange on the Gene-Chain marketplace. DNA tokens are ERC-20 cryptocurrency tokens and are available for purchase on many cryptocurrency exchanges.

People purchasing DNA data using Encrypgen can create customized filters for searching through the company's DNA database and buy the DNA directly from the individual owners of the DNA data. All DNA purchased on the Encrypgen platform has been de-identified so the buyers, or other users, cannot identify people based on their genetic profiles. The DNA data offered on Encrypgen is not associated with real world identities.

Funding

Seed

On May 4, 2017 Encrypgen announced raising $500,000 in seed funding from undisclosed investors. At the time of raising the seed funding Encrypgen had a pre-money valuation of $1 million.

Timeline

People

Name
Role
LinkedIn

David Koepsell

Co-Founder

Vanessa Gonzalez Covarrubias

Co-Founder

Further reading

Title
Author
Link
Type
Date

Encrypgen (DNA) Launches World's First Blockchain Genomic Data Marketplace

Paul Wilson

Web

EncrypGen Partners With Incubator Murrieta Genomics

Staff Reporter

Web

EncrypGen Uses Blockchain Technology to Store and Manage DNA Profiles

William Thrill

Web

Encrypgen Uses Blockchain to Usher in New Era of Genetic Privacy

Shivdeep Dhaliwal

Web

Startup Wants to Sell Your DNA for Cryptocurrency

Kelly Weill

Web

What is EncrypGen - An Ultimate Guide on DNA crypto

Coinswitch

Web

Documentaries, videos and podcasts

Title
Date
Link

Animation for Encrypgen

August 21, 2017

Control Your Genomic Data with EncrypGen

May 18, 2018

Genomic Blockchain Startup EncrypGen Makes History with World's First DNA Data Marketplace

November 5, 2018

Companies

Company
CEO
Location
Products/Services

References

Golden logo
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