Actually non of the money goes towards protein folding, its the power of the folders that does. All of the FLDC (money) goes directly to those that fold.

As for the IPO, we dont need one. Since a counterparty asset is very easy to create, our overhead is low. Thats why we are running a fundraiser, we plan on implementing additional features, but really no features are required to distribute FLDC. The features will help better the currency and the economy surrounding the currency, but unless people wish to give us money to do these things, then we will simply keep coding ourselves and distribute FLDC everyday.

Other blockchains require a lot of maintenance and patches, we do not. Almost no overhead