The question is if it is designed to fund the projects like a sponsor or is it designed to provide investment return to holders of the crypto.

$BIO is real world Asset but how does it work it is very strange a very strong fundamental currency with this much decline is giving some very very strange vibes I mean market is bearish but things are not that bad the way this coin is behaving it is not about investment it is about the coin value its future people are not gonna trust with this kind of behavior. look at sui and other coins they are bearish but not bad as bio it went far beyond it's fundamentals and it's community almost lost there believe in this project I am sorry for that but A project with strong community should not behave this way this project almost lost its credibility and future growth project team should consider this in their future plan
Anyhow I hope it will bounce back but it doesn't feel safe from now on
best wishes for all