Bio token and its network are revolutionizing the world of biotechnology and scientific research through decentralized science (DeSci). Here's what you need to know:
What is Bio Token?
Bio token is the native token of Bio Protocol, a decentralized platform that supports the DeSci ecosystem. It grants access to governance, seed funding, and other exclusive benefits within a decentralized scientific research network.¹
Key Features of Bio Protocol
- *Decentralized Funding*: Allows individuals to invest in biotech initiatives
- *Global Talent Pool*: Enables researchers and investors globally to participate
- *Shared IP Ownership*: Provides shared ownership of encrypted scientific IP
- *Liquidity Markets*: Offers early liquidity for inherently illiquid biotech assets
Bio Tokenomics
- *Total Supply*: 3.32 billion BIO tokens
- *Inflation Mechanism*: Adjusts with network growth to support secondary market liquidity
- *Token Allocation*: 6.9% of BioDAO tokens are used to support BioDAO projects through grants
Future Plans
- *Launching BioDAO Launchpad v1*: To support financing and liquidity
- *Onboarding new patient communities*: Into the BioDAO ecosystem
- *Developing BIO research agents*: To accelerate collaboration and innovation
- *Expansion to Solana blockchain*: To enhance liquidity and interoperability between networks²
Current Developments
- *Listed on Binance*: With a debut price surge of +2400%
- *Partnerships*: With venture capital companies like 1kx Network, Fifty Years Venture Capital, Binance Labs, and Northpond Ventures³