On December 24, Binance Launchpool welcomed the 63rd mysterious guest - Bio Protocol (BIO)! The decentralized science (DeSci) movement it leads is in full swing, bringing unprecedented changes to the global scientific community! In short, Bio Protocol can make scientific progress easier and more efficient. Today, let's take a closer look at Bio Protocol's background, tokens, future plans, and why Binance chose it, and then talk about the "money" prospects of BIO tokens.
Bio Protocol: Transformers in the scientific research community
In the new world of DeSci, Bio Protocol creatively utilizes blockchain technology to break the traditional barriers of scientific research, allowing the global scientific community to collaborate more freely and promote scientific progress together.
What stands out most about Bio Protocol is its innovative design and several core components:
BioDAO: The superhero alliance of the scientific community
BioDAO is like a superhero alliance dedicated to solving a specific scientific problem, where members gather to pool resources and accelerate research and development with the power of global fans, while also developing new black technologies. They raise funds by selling tokens and then use that money to support the advancement of scientific endeavors.
Curation System: The "good voice" of the scientific community
Bio Protocol has a token staking mechanism, similar to the "good voice" of the scientific community, where everyone can vote and evaluate to select the best biotechnology projects. BIO token holders can also decide which BioDAOs can join the BIO family. Isn't that super engaging?
Liquidity and IP: The "stock market" of the scientific community
Bio Protocol can also turn research results into NFTs and FTs, like the "stock market" of the scientific community, where everyone can buy and sell research projects, making scientific investment more flexible. IP tokens (IPT) are like "shares" of research results, allowing holders to directly participate in research development, decision-making, and future direction.
Incentive Mechanism: The "tip" of the scientific community
Bio Protocol has an acceleration reward mechanism, similar to a "tip" in the scientific community, giving early participants and contributors red envelopes and rewarding them with BIO tokens to motivate them to drive the development of the ecosystem.
BIO Token: The "hard currency" of the scientific community
BIO tokens are like the "hard currency" of Bio Protocol, extremely important on the platform. There are a total of 3.3 billion BIO tokens, most of which will be reserved for community building and ecosystem development, ensuring that the platform remains community-driven and can grow over the long term.
$BIO Tokenomics and Distribution Strategy
As the native token of Bio Protocol, BIO tokens play a crucial role on the platform. The total cap for BIO tokens is 3.3 billion, and these tokens will be distributed and unlocked according to specific allocation strategies. Approximately 56% of the tokens are reserved for community building and ecosystem development to ensure the platform remains community-driven and promotes long-term growth.
Other distributions are as follows:
Core Contributors (21.2%): 703,840,000 BIO
Investors (13.6%): 451,520,000 BIO
Molecule (5%): 166,000,000 BIO
Advisors (4.2%): 139,440,000 BIO
Binance Launchpool: The "ticket" for distributing BIO tokens
Starting from December 24, Binance users can earn BIO tokens by staking BNB or FDUSD. This event will last for 10 days, distributing a total of 100 million BIO tokens, which is equivalent to 3% of the total supply! Once BIO tokens are listed for trading, everyone can buy and sell using trading pairs like BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY.
Why did Binance choose Bio Protocol?
On November 6, Binance Labs announced its investment in BIO Protocol (BIO) to accelerate funding innovation in decentralized science (DeSci). Binance is attracted to it not only because it is a leader in the decentralized science field but also because of the potential of blockchain technology in scientific research. Bio Protocol breaks the limitations of traditional research funding through the BioDAO network and curation system, enabling scientists, patients, and investors to collaborate together. Coupled with IP tokenization and liquidity mechanisms, Bio Protocol is likely to become the "money printer" of the scientific community in the future.
The future of BIO tokens is bright
Holding BIO tokens not only allows participation in key platform decisions but also provides benefits from the development of the Bio Protocol ecosystem and the appreciation of IP assets. With the growth of the platform and increasing market demand, there is significant potential for the circulation and value of BIO tokens to soar! Therefore, the future of Bio Protocol and BIO tokens is promising and highly anticipated!
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