🔔 Introduction:
@Binance Labs Another 'big move'! On December 23, 2024, Binance announced the 63rd phase.#Launchpool Project—Bio Protocol (BIO) is launched, a decentralized science (DeSci) management and liquidity protocol. This project is not simple; it directly targets the intersection of the scientific community and the cryptocurrency sphere, aiming for a 'blockchain + scientific research' revolution.
1️⃣ What is BIO?
In simple terms, @BIO is a protocol that transforms traditional scientific research using blockchain. Its goal is clear: to make scientific research more decentralized while allowing patients, scientists, and biotechnology professionals to participate. Research results and intellectual property (IP) are no longer the private property of a company or organization but are co-constructed, shared, and mutually beneficial through a decentralized approach.
The team behind BIO has previously created two star projects: Molecule, a tokenized platform focused on early biomedical research; and VitaDAO, the world's largest decentralized community for longevity science. With this experience, BIO's goal this time is to catalyze an 'on-chain scientific economy', making biotechnological research more efficient and flexible.
2️⃣ BioDAO: Traditional research feels distant, while BioDAO attempts to bridge that gap.
➤ Reduce costs: Concentrated resource allocation makes R&D more efficient, ensuring that research funding is used effectively.
➤ Flexible participation: Scientists can freely choose to participate full-time or part-time, everyone has a role to play.
➤ Shared Returns: Participating in research is not only fulfilling but also allows you to earn money through IP revenue.
➤ Lower the threshold: Anyone can participate in research funding and decision-making without a professional background.
➤ Diversified Investment: A basket containing multiple projects to spread investment risks and seek stability.
3️⃣ How to participate in BIO?
Launchpool activity period: December 24, 2024, 08:00 to January 3, 2025, 08:00.
Reward Pool: BNB Pool: 84,660,000 BIO, accounting for 85%. FDUSD Pool: 14,940,000 BIO, accounting for 15%.
You only need to put your BNB or FDUSD into the reward pool and wait for BIO tokens to come to you. Binance Listing: Date: January 3, 2025, 18:00. Trading Pairs: BIO/USDT, BIO/BNB, BIO/FDUSD, BIO/TRY.
4️⃣ The BIO token is the core of the entire ecosystem, not just a 'trading chip'.
🔸 Support and manage BioDAO projects.
🔸 Vote to decide the future token distribution strategy.
🔸 Participate in the network accelerator program to promote ecosystem development.
More importantly, holding $BIO means: you have a voice in ecosystem governance; you can invest early in the potential projects of BioDAO; share health data, participate in trials, and earn rewards; experience new products funded by BioDAO at the earliest opportunity.
Holding BIO means becoming a 'shareholder + angel investor + user experience officer' all in one in the research community!
5️⃣ Token Distribution and Initial Circulation:
Total Supply: 3,320,000,000 BIO. Launchpool Reward Pool: 99,600,000 BIO, only 3%. Initial Circulation: 1,296,529,168 BIO (39.05% of the total supply).
Detailed Distribution:
Community: 56% (Airdrop: 6% + Auction: 20% + Ecosystem Incentives: 25% + Molecule Foundation: 5%)
Core Contributors: 21.2%. Investors: 13.6%. Molecule Team: 5%. Advisors: 4.2%.
🎯 Summary:
#BIO This time on Binance's Launchpool, the excitement is high. It can be said to be 'a revolutionary on-chain event for scientific research'. It aims not only to address the old problems of 'high costs and long cycles' in research but also to transform research results into actual gains through IP monetization—IP licensing, NFT creation, data contribution, all making money. These gains will ultimately return to BioDAO, promoting the birth of more research projects.