According to Binace Blog, Binance Labs announced its investment in the DeSci project BIO Protocol, a decentralized protocol that revolutionizes early scientific research financing and commercialization through blockchain technology. BIO Protocol aims to use decentralized autonomous organizations (BioDAOs) to allow scientists, patients, and investors around the world to jointly fund, develop, and co-own new drugs and therapies. The protocol focuses on rare diseases, longevity research, and emerging health challenges, bringing new solutions to traditional scientific research financing models.