🚢 The journey of #DeSci is towards the stars and the sea, BIO Protocol opens up a new channel for Web3 + scientific research

Binance's 63rd issue #Launchpool - $BIO

🎈 The narrative of DeSci has been popular for a while, among which BIO Protocol is the only project invested in by Binance Labs.

What is BIO Protocol? In short: a decentralized scientific research incubator that gathers community power to provide funding support for scientists, allowing them more time for research instead of seeking funding.

📌 How is this achieved? There are mainly 4 core components:

1. bioDAOs: The core of BIO Protocol is bioDAOs. Each bioDAO focuses on different scientific/medical fields, such as researching rare diseases, hair loss, longevity, etc.

2. Curation Mechanism: $BIO holders stake tokens to vote for the bioDAOs they support. The voted bioDAOs entering the network receive funding and other community support through the BIO Launchpad.

3. IP Tokens: Converting the intellectual property of research projects into tokens or NFTs, allowing holders governance rights or shares related to the intellectual property of the research projects.

4. Liquidity Injection: BIO Protocol has established a secondary market that allows IP Tokens to be traded on decentralized exchanges (such as BIO Launchpad).

BIO Protocol has shown me another practical direction for Web3, making every step of scientific research move towards a more open and fair future.

The current total supply of $BIO is 3.32 billion, with an initial circulating supply of 1.296 billion. Binance Launchpool accounts for 3% of the total.

Friends who haven't deposited yet, hurry to stake BNB/UDUSD for mining!

🔸Commission link: https://www.binance.com/join?ref=JR65ECDY

Invitation code: JR65ECDY