DeSci Becomes Hot Narrative in 2025? Meet Bio Protocol!
One of the narratives that is predicted to be prominent in 2025 is DeSci. This transformation is driven by the adoption of blockchain technology to facilitate greater scientific collaboration and democratize access to research funding. With platforms like BIO Protocol at the forefront, DeSci enables communities of scientists, professionals, and the general public to collectively support and participate in research projects and advance research without traditional institutional boundaries. The support of leaders like Vitalik Buterin and CZ at DeSci adds credibility to the industry. In this article, we will discuss in detail how BIO Protocol works, its main activities, and Bio Protocol’s roadmap for the near future!
What is BIO Protocol?
BIO Protocol is an innovative platform specifically designed as a launchpad and liquidity protocol for projects in the fields of Decentralized Science (DeSci) and biotechnology. Its main function is to support and facilitate developers and funding Decentralized Autonomous Organizations (DAOs) that focus on scientific research and biotechnology innovation.
Using blockchain technology, BIO Protocol creates an ecosystem that allows a community of scientists, professionals, and the general public to collectively support and participate in research projects. The platform is designed to address the funding gap that often exists in traditional health research, providing greater opportunities for underfunded research such as the study of rare diseases or novel therapies.
BioDAO in the Bio Protocol Ecosystem
BioDAO is the core of the BIO Protocol ecosystem, realizing the vision of accelerating research and developers in the fields of science and biotechnology through the use of blockchain technology. As a Decentralized Autonomous Organization (DAO), BioDAO enables global collaboration between scientists, researchers, and biotechnology developers, and supports research through a transparent voting and fund allocation process.
The primary function of BioDAO in the BIO Protocol ecosystem is to facilitate the funding and management of intellectual property (IP) effectively and efficiently. BioDAO uses blockchain technology to tokenize research output, allowing for collective funding and decentralized project governance. Thus, every member of the community, not just scientists and big investors, can actively participate in funding and directing the direction of research.
Why is BIO Protocol Needed?
The pharmaceutical and biotechnology industry today faces several major problems:
High Costs: On average, new drug developers cost more than $2.6 billion, with a time of up to 10 years to reach market.
High Failure Rate: More than 90% of drug development projects fail before reaching patients.
Limited Access:Funding is often concentrated in just a few areas, while individual investors have limited access to early-stage investments.
BIO Protocol offers a solution with funding through blockchain technology, enabling the global community to support and have a stake in the development of promising scientific research.
How BIO Protocol Works
BIO Protocol implements a series of technical and strategic mechanisms to support and advance the decentralized science (DeSci) ecosystem. At the core of its operations, BIO Protocol uses blockchain technology to:
Intellectual Property (IP) Tokenization: Scientific projects tokenize their research results or technological discoveries into digital tokens, enabling efficient and distributed funding.
Collective Funding: Through the purchase of these tokens, the global community participates in supportingproject-projectresearch, providing the funds needed for further development.
Decentralization of Governance: $BIO token holders have voting rights in decision-making regardingproject, such as allocation of funds and setting priorities, ensuring democratic and inclusive processes.
Automatic Liquidity: Platformensuring that tokens can be easily traded on the marketblockchain, ensuring constant liquidity and easy access to funds for token holders.
In addition to this technical infrastructure, BIO Protocol also develops an operational framework that supports the growth and sustainability of the ecosystem:
Curation: Through a rigorous curation process, only projects with high scientific potential and impact are selected for support.
Liquidity: BIO Protocol facilitates efficient liquidity for digital asset transactions, supporting economic stability within the ecosystem.
Bio/acc Rewards: An incentive system given to researchers and contributors to increase participation and innovation in the ecosystem.
Meta Governance: The meta governance structure allows the community to participate in strategic decisions that impact the long-term development of the platform.
The Developer Team Behind BIO Protocol
The team behind the development of BIO Protocol consists of pioneers and innovators in the field of Decentralized Science (DeSci). They have founded and managed groundbreaking projects that have improved the way biomedical research is funded and managed. One of the team’s significant achievements is the creation of Molecule, an innovative platform for the tokenization of early-stage biomedical research.
The platform provides researchers with the opportunity to receive direct funding through a tokenization mechanism, a step forward that makes it easier for researchers to secure funding for their scientific explorations. Their involvement in this project demonstrates their expertise and dedication to driving innovation in health and biotechnology.
Innovative Projects Under BIO Protocol
The BIO Protocol ecosystem has grown significantly with a total of eight BioDAOs with a combined market capitalization of $300 million. Several important projects that have made significant contributions to various fields of biotechnology and scientific research have been successfully incubated by Bio Protocol. One of the projects that stands out is VitaDAO, which is backed by Pfizer Ventures and focuses on longevity research, exploring ways to extend the quality of human life.
Next, HairDAO is an initiative that aims to develop biotech solutions for hair health issues, offering new hope for those suffering from hair and scalp issues. Lastly, CerebrumDAO focuses on neurological research, trying to unlock the mysteries of the human brain and develop new therapies for neurological diseases.
BIO Protocol’s future plans include focusing on pressing health issues such as rare diseases, and the development of quantum microscopy technology to study quantum biological phenomena. In line with this, the use of intellectual property non-fungible tokens (IP-NFTs) introduced by BIO Protocol founder Paul Kohlhaas, enables innovative sales and management of IP within the network.
Bio Launchpad
BIO Launchpad is a dedicated platform under BIO Protocol designed to launch and manage BioDAOs. By leveraging technologies such as bonding curves and automated liquidity, BIO Launchpad makes funding BioDAOs more open, accessible, and fun. By 2025, BIO Launchpad plans to launch over 5 new BioDAOs, including:
Long Covid Labs: BioDAO founded by ex-Stanford scientists to develop solutions for Long COVID patients.
Curetopia:Targeting rare diseases with a community-based approach, founded by Y Combinator alumni.
Binance Labs' First Investment in DeSci
Last November, BIO Protocol received significant support from Binance Labs, which made its first investment in the Decentralized Science (DeSci) sector through the platform. The investment attracted the attention of prominent crypto industry figures such as CZ, Binance CEO; Vitalik Buterin, the creator of Ethereum; and Brian Armstrong, the founder of Coinbase, highlighting the huge potential and growing confidence in the initiative.
Binance Labs’ investment in BIO Protocol is part of a larger strategy to diversify its portfolio of over 250 projects across sectors such as decentralized finance (DeFi), gaming, artificial intelligence, and health sciences. Through this partnership, Binance Labs aims to unlock the potential of decentralized science, driving sustainable and impactful advancements in healthcare. This approach, which drives innovation through blockchain technology, promises to be a model for transforming other industries that require a more flexible and open approach to funding.
Functions and Benefits of $BIO Token
Bio Protocol has a native token, $BIO, which is a core element in the BIO Protocol ecosystem. Here are the functions and benefits offered by this token:
Governance & Decentralization: Token holders can vote in important decisions on the BioDAO network.
Early Access to New BioDAO: $BIO holders can be the first to support new projects launched on the platform.
Access to Tokenized IP: The opportunity to purchase or invest in the latest scientific intellectual property.
Rewards: Financial rewards for those who contribute data or labor, such as participation in clinical trials.
Roadmap BIO Protocol (Short Term)
Conclusion
BIO Protocol has emerged as a pioneer in combining blockchain technology with scientific research to create a robust and sustainable decentralized science (DeSci) ecosystem. BIO Protocol’s existence is crucial amidst the challenges faced by the pharmaceutical and biotech industries, including high development costs and limited access to funding. By offering solutions through blockchain technology, BIO Protocol enables global participation in the funding and development of scientific research, radically changing the way research is funded and managed.
Innovative projects under the BIO Protocol umbrella, such as VitaDAO, HairDAO, and CerebrumDAO, are showing real progress in implementing DeSci principles, offering new hope and practical solutions to global health challenges. Support from major entities such as Binance Labs underscores the potential and growing trust in this ecosystem.