Binance Labs has announced its investment in a pioneering project that seeks to revolutionize the financing and commercialization of early-stage scientific research through#blockchaintechnology. This marks Binance Labs’ first foray into the decentralized science (DeSci) sector.
@bioprotocl
Highlighting the lab's commitment to supporting pioneering developments in technology that promise real-world impact.
“BIO Protocol represents a significant step forward in DeSci by merging biotech and DeFi,” said Andy Zhang, CIO of Binance Labs. “Our commitment is to achieve real, long-term impact by investing in projects that are building meaningful technology. Supporting BIO Protocol aligns with our mission.”
Funding and Governance: The protocol acts as a decentralized funding layer that aims to accelerate the flow of capital and talent into on-chain science, boosting preclinical research through global liquidity and talent.
Investment from Binance Labs: Binance Labs recently invested in BIO Protocol, marking its first foray into the DeSci sector. The investment aims to use blockchain technology to change the way early-stage scientific research is funded and directed toward commercialization.
Open Funding: BIO Protocol enables open funding for scientific and biotech research, enabling scientists and investors to access crowdfunding and shared ownership.
5. Objective: The project aims to accelerate innovation in biotechnology globally, by providing a decentralized platform to support scientific research.
Website: bio.xyz
Telegram: t.me/bio_protocol
