even on the coinmarket site, #USDC and #USDT are valued at R$6.73
Charissa Haage uvst
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#USDC worth R$6.73 on several exchanges including here. Are Brazilian websites putting the wrong value? Even on coinmarket the value of #USDT is this: R$6.73 is worth 1 #dolar
#USDC worth R$6.73 on several exchanges including here. Are Brazilian websites putting the wrong value? Even on coinmarket the value of #USDT is this: R$6.73 is worth 1 #dolar
Disclaimer: This article is for educational purposes only. The information provided through Binance does not constitute advice or recommendation of investment or trading. Binance does not take responsibility for any of your investment decisions. Please seek professional advice before taking financial risks.
Key Takeaways
BIO is a curation and liquidity protocol dedicated to advancing Decentralized Science (DeSci).
Its mission is to accelerate biotechnology by giving patients, scientists, and biotech professionals the ability to collectively fund, develop, and own tokenized biotech projects and intellectual property (IP).
The BIO token serves as a utility and governance tool, enabling holders to support DAOs, vote on key decisions, and fund network growth. Holders may also get access to rewards, early funding, and new products.
What Is BIO?
BIO is a curation and liquidity protocol dedicated to advancing Decentralized Science (DeSci). Its mission is to accelerate biotechnology by empowering patients, scientists, and biotech professionals worldwide with the ability to collectively fund, develop, and own tokenized biotech projects and intellectual property (IP).
The BIO team includes professionals who helped create Molecule and VitaDAO. Molecule is a tokenization platform for biomedicine projects, and VitaDAO is a decentralized community focused on longevity science.
What Is BIO Trying to Solve?
Traditional biotech research often faces challenges like high costs, slow funding processes, and limited access to intellectual property for smaller players. BIO’s approach is to break down these barriers using blockchain.
The Bioconomy
Their vision, dubbed the “Bioconomy,” is all about creating a community-driven ecosystem where innovation can thrive without being bottlenecked by outdated systems.
By decentralizing the way biotech projects are funded and developed, BIO wants to make it easier for new ideas to gain traction. Instead of relying on a few big players, they’re empowering a global network of people to pool resources, vote on promising projects, and share ownership of the resulting breakthroughs.
The BIO Protocol
At its core, the BIO project runs on the BIO Protocol, a framework that lays out the structure for decentralized biotech development. Some of its key components include:
BioDAOs: These are decentralized organizations that focus on specific areas of biotech. Think of them as specialized communities working on projects like gene editing, cancer research, or vaccine development. Members of a BioDAO pool their resources, make collective decisions, and share in the outcomes.
Curation: With so many projects out there, deciding which ones to prioritize can be tricky. That’s where BIO’s curation mechanism comes in. Community members vote to determine which projects have the most potential, ensuring resources are used wisely.
Bio/Acc Rewards: To keep the community active and engaged, BIO offers rewards through its Bio/Acc Rewards program. Whether you’re contributing expertise, funding, or ideas, you can earn tokens based on your contribution.
IP tokens: One of BIO’s standout features is the tokenization of intellectual property. Instead of biotech breakthroughs being locked up in corporate vaults, IP is turned into digital tokens. These tokens allow for fractional ownership, meaning more people can invest in and benefit from scientific advancements.
Ecosystem and Governance
By bringing together stakeholders from across the biotech spectrum (researchers, investors, and patients), BIO creates a space where everyone has a voice. Governance is decentralized, with token holders having a say in the project’s direction. This model ensures transparency and keeps decision-making aligned with the community’s interests.
BIO Token
Essentially, the BIO token acts as both a utility and a governance tool within the BIO ecosystem. For example, BIO holders can show support for specific bioDAOs, vote on decisions about how new BIO tokens are created or distributed, and help fund programs to grow and improve the network.
BIO holders can also gain access to governance rights, early funding rounds, financial rewards for health data contributions and clinical trial participation, and new products funded by bioDAOs.
BIO Launchpad
BIO's Launchpad is a platform designed to facilitate the initiation and funding of new biotech projects. It provides tools and resources for project teams to launch their initiatives within the BIO ecosystem, connecting them with a community of supporters and potential collaborators.
BioDAO Incubator
To support the development of new BioDAOs, BIO offers an incubator program that provides guidance, resources, and a structured framework for emerging decentralized organizations. The goal is to foster innovation and ensure the successful launch and growth of BioDAOs within the BIO ecosystem.
Closing Thoughts
The BIO project offers a more open and collaborative approach to biotech research. Instead of being locked into traditional structures where only a few major players have control, BIO provides a way for diverse communities to come together and drive progress.
By tokenizing intellectual property and using decentralized governance, BIO opens up opportunities for innovation that might otherwise be overlooked. For researchers, it’s a chance to access funding more quickly and equitably. For patients and advocates, it’s a way to directly support the breakthroughs that matter to them.
Further Reading
Binance Beginner's Guide
Your Guide to Binance Launchpad and Launchpool
What Is a Crypto Wallet and How to Choose the Right One?
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I've been here for a year, and I have nothing to complain about.
3RRR
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I would like to know how many people trust their assets to the Binance brokerage. I am new to the brokerage and unfortunately people do not respond to posts.
We are witnessing a significant correction in the market, and this serves as an important reminder: never invest money that you cannot afford to wait. The cryptocurrency market is, first and foremost, an investment market, ideal for investing capital that will not be needed immediately. With this correction, we are receiving a free practical lesson on market volatility, its risks and potential benefits. It is a learning opportunity that should be seized with caution and strategy.
1. Diversification is essential: We have learned that you should never put all your capital into a single bet. Market volatility is unpredictable, and protection lies in spreading risks.
2. Liquidity is power: Those who have set aside part of their resources have the opportunity to take advantage of low prices. Those who have not done so may end up stuck in an asset, without flexibility to act.
3. Corrections can be deep: In a volatile market, the bottom is not always definitive. As the saying goes, "one abyss calls another abyss." It is wise to wait until the market shows clear signs of stability.
4. Patience is a strategy: In times of uncertainty, the best thing to do is to remain calm and avoid impulsive decisions. Wait for the storm to pass before acting.
I also wanted to understand this pre-market, but mainly if it is good or not, to buy now?
H Ramos
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$USUAL Can someone explain a question to me, if at pre-launch on Binance it doesn't exceed $1, why will it pass at launch? What changes if the same people who are investing now will invest later, or will there be more investors, I don't understand
I think Ethereum is the biggest scam, moving this token is expensive.
Linda Bitcoin
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Bearish
Bitcoin and Ethereum Price in the Red Amid $252 Million Market Liquidation, What Indicators Say In early trading on Sunday, Bitcoin, Ethereum, and the rest of the cryptocurrency market took profits, with around $252 million reported in cryptocurrency liquidations. Bitcoin subsequently fell to a low of $101,221 before recovering to an intraday high of $103,292. However, at the time of writing, it had pared some of its gains but was still up 1.6% over the past 24 hours to $102,796. Ethereum fell to a low of $3,831 early in the Sunday session, extending its decline from Saturday trading. This decline was met with buying, and ETH recovered to intraday highs of $3,906. card Ethereum has been aiming for $4,000 for the past four days, with the bulls’ attempt stalling just above $3,900. On the other hand, Bitcoin is repeatedly testing resistance above $100,000, increasing the likelihood of a breakout. While the market remains bullish on both crypto assets, MVRV, a key indicator for predicting market highs and identifying lows, suggests what could come next for BTC and ETH. What the MVRV Indicator Suggests In a recent analysis, on-chain analytics platform IntoTheBlock explores the MVRV indicator in relation to major cryptocurrencies, including Bitcoin and Ethereum. card The Market Value to Realized Value Ratio (MVRV) is a critical metric for timing cryptocurrency market cycles and identifying potential tops. This ratio shows whether the price is higher or lower than what investors paid on average, indicating overvalued or undervalued conditions.
Just Copy and Paste – Earn $50 Per Day with BNB in the Futures Market
Did you know that it is possible to earn
$BNB Just Copy and Paste – Earn $50 Per Day with BNB Futures Market
Did you know that it is possible to earn $50 per day trading BNB in the futures market? All you need to do is follow a simple and straightforward method, without the need for signals or complex strategies. Read on and find out how to transform your financial routine today.
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What Are You Going to Do?
The strategy is simple: you use the Binance futures market to profit from the daily price movements of Binance Coin (BNB). You don’t need to be an expert, just follow these basic steps that anyone can apply.