#BIO
Pending Launch
BIO Protocol is an innovative initiative that aims to accelerate innovation in biotechnology through decentralized finance and community coordination. The protocol allows anyone to fund, develop, and manage tokenized scientific intellectual property from universities, companies, and researchers around the world.
By creating DAOs (Decentralized Autonomous Organizations) specialized in specific scientific fields, BIO Protocol seeks to direct capital and talent toward promising early-stage research. This is done by providing a new financial layer in the field of decentralized science (DeSci), designed to accelerate the commercialization of the best scientific innovations.
In November 2024, Binance Labs announced its investment in BIO Protocol, reflecting the growing confidence in the project and its potential role in shaping the future of science and biotechnology financing.
Overall, BIO Protocol represents an important step toward integrating blockchain and DeFi technologies into scientific research, potentially accelerating innovation and increasing transparency and collaboration in biotechnology development.