How to Make Passive Income with Your DNA

With the pandemic muscling its way through the globe and covid news dominating the science section of every newspaper, it’s easy to forget all of the great technology on the horizon. This includes AI, blockchain and of course, genomics. All of these technologies are still in their infancy, but especially genomic sequencing. Try to think back decades when the internet was a strange word on most people’s minds and entrepreneurs were unsure of what to do with it. That’s where genomic sequencing is at the moment. And while we’re fumbling in the dark, companies are making a lot of money getting our most private asset sequenced- our DNA. However, that’s starting to change. In this post, we’ll shed some light on the start-ups that are working to help you profit off your DNA, like you could with any other asset you own. Read more to learn how LunaDNA, Nebula Genomics and Encrypgen are leading the charge.

The Current Model

Ever since the human genome project achieved its goal of identifying and mapping all of the genes of a human being, two companies rose to the forefront to read and interpret genes for you. The two leading companies are 23andMe and AncestryDNA. And they don’t just charge you for this service, for sometimes as low as $60. They also make money by selling your data for research to pharmaceutical and biotech companies hoping to…