DeSci is very popular. The only investment of Binance Labs in this sector is BIO. However, what we need to know more is...
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DeSci is a very popular concept this year. The professional explanation is the abbreviation of [decentralized science]. The combination of science and Web3 is very abstract. I know the words but I don’t understand them.
Lao Ai explained it in plain words: tokenize traditional science, solve problems such as financing difficulties, insufficient data sharing, and low research transparency, and promote the progress of scientific research.
So let’s talk about what we need to know more about BIO?
1. BIO project: The strategic direction of BIO is to enable global patients, scientists and biotechnology professionals to jointly fund and establish biotechnology projects and corresponding intellectual property (IP) and tokenize them, and build a faster supply market through the embedding of token economy, thereby accelerating the development of biotechnology.
2. Binance Labs investment caught up with the hot trend of DeSci concept
3. At the same time, there are DAO attributes
bioDAOs: The core of BIO Protocol is bioDAOs. Each bioDAO focuses on different scientific/medical fields, such as research on rare diseases, hair loss, longevity, etc.
It’s just that BIO provides some professional support around DeSCI, which gives this DAO issuance protocol special attributes.
4. Liquidity injection: BIO Protocol has established a secondary market, allowing IP Tokens to be traded in decentralized exchanges (such as BIO Launchpad).
BIO Protocol is a project with a practical landing direction. From the narrative point of view, DeSci has a very large imagination space, provided that DeSci really ranks among the mainstream of traditional science, it is simply the next AI.
But in the current Web3, the wind of DeSci has risen, and in the era of existence is reasonable, it is not impossible to embrace the bubble.
The current total supply of $BIO is 3.32 billion, and the initial circulation is 1.296 billion. Binance Launchpool accounts for 3% of the total.
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