All Subnets

NOVA

#68Science

Decentralized drug discovery screening 1.75B+ synthesizable compounds against therapeutic protein targets 24/7.

Price

$0.019887-6.83%

24h

7d Change

+13.91%

Market Cap

$27.92M

Emission

4.70%

Miners

2

Validators

6

Competitor Mapping

NOVA

Decentralized

Market Cap

$27.92M

TAM

$5.00B

Model

Token-incentivized

Team

Decentralized miners

Schrodinger Inc.

SDGR

Market Cap

$900.00M

TAM

$5.00B

Model

Revenue-driven

Team

Enterprise

NOVA $27.92M3.1%Schrodinger Inc. $900.00M

Crowdsources molecular screening via miners while Schrodinger charges enterprise licenses for physics-based drug discovery. 20+ year pharma partnership gap.

Implied Valuation

If NOVA captures a share of Schrodinger Inc.'s $5.00B TAM

Bear - 0.1% TAM

$5.00M

implied valuation

-82.09%

vs $27.92M current

Base case

Base - 1% TAM

$50.00M

implied valuation

+79.08%

vs $27.92M current

Bull - 5% TAM

$250.00M

implied valuation

+795.38%

vs $27.92M current

Scenarios illustrate potential scale relative to the traditional market. Actual outcomes depend on adoption, tokenomics, and competitive dynamics.

Thesis

Drug discovery is $65B+ dominated by slow, expensive approaches. Always-on screening of 1.75B compounds creates throughput no single lab matches. DeSci narrative is powerful for capital formation.

Team

Founded by Micaela Bazo (CEO). Dr. Pedro Penna serves as science lead (Director at NAIAD Drug Design, vision to merge decentralized AI with drug development). Team based in Austin, TX. Composed of experts in AI, ML, and drug discovery. Team is doxxed.

  • Micaela Bazo - CEO & Founder - Crypto-native biotech background
  • Dr. Pedro Penna - Science Lead - Director at NAIAD Drug Design, PhD in computational chemistry/drug discovery

Funding

No confirmed VC funding rounds disclosed. Pre-revenue biotech model with multiple future revenue paths (pharma partnerships, IP licensing, platform fees).

Traction

4.8M molecules screened across 7,000 targets. DiaGen AI joint venture LOI signed to develop hit-picking tool for automating drug discovery. Approaching wet lab validation. Multiple revenue paths including pharma collaborations. METANOVA trademark filed at USPTO.

Recent News

  • 2026 - DiaGen AI Inc. announced joint venture LOI with Metanova Labs for hit-picking tool
  • 2026 - Subnet Magazine interview with Micaela Bazo and Dr. Pedro Penna
  • 2026 - Wet lab testing approaching for initial compounds
  • 2025 - Launched NOVA on Bittensor SN68

Risk

In-silico screening is the easy part; wet-lab validation and clinical trials remain bottlenecks decentralized networks can't solve.

NOVA (SN68) | TAO Alpha