On December 23, Binance announced the launch of the 63rd Launchpool project, Bio Protocol (BIO).
What is Bio Protocol?
BIO Protocol is a curation and liquidity protocol in the decentralized science (DeSci) field, initially invested by Binance Labs, aimed at providing support and resources for scientific research projects and promoting innovation in scientific research.
You can think of it as the 'Y Combinator of on-chain science.'
BIO Protocol includes core components such as BioDAO, curation system, IP commercialization, liquidity, and incentive mechanisms, creating a diverse and highly participatory community through multiple rounds of auctions and airdrop programs, laying the foundation for a decentralized biomedical research network.
Among them, the most important is BioDAO, which raises funds through token sales and uses the funds to support and develop biotechnology projects related to its mission, creating shared intellectual property ownership among its members.
According to official information, 7 sub-DAOs have successfully launched, 3 sub-DAOs are still ongoing, with a total fundraising of $23.5 million and $7.2 million deployed for research funding.
7 launched sub-DAOs:
- $VITA (VitaDAO): A group focused on funding early longevity research, which has received investment from Pfizer. During Devcon, VitaDAO also showcased its first longevity product, VD001, which is a high-dose spermidine supplement approved by the Thai Food and Drug Administration.
It is worth noting that BIO Protocol co-founder Paul Kohlhaas is also the initiator of VitaDAO and the author of the VitaDAO white paper.
- $ATH (AthenaDAO): Focused on research and drug discovery for women's reproductive health.
- $GROW (ValleyDAO): A decentralized community governance platform focused on anti-aging drugs and longevity projects.
- $PSY (PsyDAO): Focused on psychedelic science research, having completed its first PSY token sale in mid-November 2024, raising $2 million.
- HAIR (HairDAO): Aiming to address hair loss issues, it has launched the FolliCool shampoo product, which is free from harmful parabens or sulfates. Consumers receive 1 million POO tokens for each bottle of FolliCool purchased ($49.95).
- CRYO (CryoDAO): Committed to advancing cryopreservation research.
- $NEURON (CerebrumDAO): Promoting brain health, raising over $1.5 million.
pump.science: A DeSci funding platform sponsored by the Solana Foundation.
In September of this year, the Solana Foundation provided a grant to Molecule, a company under the co-founder of BIO Protocol, to build the Solana-based DeSci funding platform pump.science, which is built on Pump.fun.
Let me rephrase this in clearer Chinese:
Currently, two experimental studies are underway on the pump.science platform, namely:
Rifampicin (RIF)
Urolithin A (URO)
Both experiments are currently in the fruit fly testing phase.
About these two compounds:
RIF is an important antibiotic primarily used to treat bacterial infections such as tuberculosis, Mycobacterium avium complex, leprosy, and Legionnaires' disease. Research has found that it can activate the natural defense mechanisms of cells in small organisms like Caenorhabditis elegans, helping to resist stress and damage.
URO is a compound produced by the human body after digesting foods containing tannins, such as pomegranates. Its main function is to promote mitochondrial autophagy, which clears aging and dysfunctional mitochondria in the body, providing space for the growth of new, healthy mitochondria. Human studies have shown promising results for this substance in improving muscle health and enhancing energy levels.
Other important Desci assets:
- $RSC (ResearchHub): Founded by the founder of Coinbase to reward users who publish high-quality content on the platform.
- $DRUGS, the ai16z of the desci field, managing a batch of Desci token heads.