BIO Protocol Rules $2.5 Billion DeSci Market on Major Exchanges
Bio Protocol, a multi-segment platform designed for the development and marketing of bioscience and other scientific research, has launched its BIO token on Binance. As afar eyes token which is said to have been around $1.40 in value plummets to $0.76.
BIO Protocol has now acquired the position of the $1 billion worth of decentralized science (desci) market after studies cases above origin trail and research coin in spite of price volatility.
The roadmap designed by bio protocol provided a room for the submission of a community based proposal that aimed at relocating the biochemical/token ecosystem to solana.
We cross-chain in constructing BIO token contracts on Solana, building a cross chain bridge and devoting 1% of ecological incentive funds for liquidity pools. This should deepen liquidity as well as promote interchain interactions and capabilities.
BIO Protocol's main solutions:
De-centralized funding: investment in biotech on an individual basis.
Researcher and investors can globalize their interest because of global work force.
Creating token denominated in scientific IP and offering shared ownership of tokens.
Providing early stage liquidity to biotech assets through liquid markets.
Token Characteristics and Allocation
The upper limit of the token is set at 3.32 billion, and it is an ERC-20 token. Of this token limit, Binance made available 39% (1.296 billion tokens) of the token supply for circulation. Another 3% of the total tokens, which are 99.6 million tokens, are in the
Binance Launchpool
Funding Accomplishments
The BIO Protocol has been supported by the following private and public funding rounds: Pre-Seed and Seed rounds accumulated a total of $0.9 million and $1.4 million respectively within the Private Rounds.
Future Projections
In the year 2025, BIO Protocol will also launch BioDAOs and liquidity pools. New programs, including Long COVID Labs and Curetopia New, have been introduced on the platform.
