Bio Protocol was the first biotech project to be funded by Binance Labs, following CZ’s strong advocacy for DeSci and biotech innovation.
The Bio Protocol will go live on Binance Launchpool, with trading starting on January 3, 2025.
Bio Protocol is a pioneering project in the field of decentralized science (DeSci), designed to revolutionize biotech innovation through a decentralized scientific model. The protocol creates a platform that connects scientists, investors, and the global community to collaboratively fund, build, and own groundbreaking biotech research. In addition to financial support, Bio Protocol encourages active community participation in the development and management of biomedical projects.
Bio Protocol is more than just a crowdfunding platform. It aims to create a comprehensive ecosystem where biotech projects are incubated, managed, and developed with access to decentralized resources. This ecosystem enables researchers to transform innovative ideas into actionable projects, access critical resources, and transform scientific breakthroughs into practical applications, thus driving sustainable growth in biomedical sciences.
BIO PROTOCOL PRODUCTS
The BIO Protocol provides a decentralized infrastructure to support biotechnology research and development. Its offerings are divided into three core products:
1. BIO Protocol Infrastructure
The BIO Protocol forms the backbone of its ecosystem, enabling the efficient operation of decentralized scientific DAOs (bioDAOs). This infrastructure facilitates resource distribution, IP token management, liquidity layers, and on-chain research economy frameworks.
Key features include:
Governance: BIO token holders approve new DAOs and get early access to their tokens.
Funding: Supports DAOs in raising funds and managing liquidity.
Incentives: Offers rewards for significant achievements, such as launching IP tokens or conducting decentralized clinical trials.
2. BIO Launchpad
BIO Launchpad connects investors with biotech projects through token auctions, allowing biotech DAOs to secure early funding. Investors can bid and claim tokens after approval. This platform accelerates funding for research initiatives.
3. BioDAO Incubator
The BioDAO Incubator is a 16-week hybrid program designed to nurture promising biotech DAO projects. It provides financial support, mentorship, and technical resources to overcome the challenges of developing a biotech DAO.
Participants gain access to mentoring, funding, and networking from experts to successfully launch their DAOs.
BIO Protocol Token Economy
Code details
👉Code: BIO
👉Blockchain: Ethereum
👉Type: ERC-20 Governance and Utility Tool
👉Total Supply: 3,320,000,000 BIO
👉Circulating Supply: 1,296,529,168 BIO
Token distribution
👉Community: 56% (including 20% for auctions and 6% for airdrops)
👉Ecosystem Incentives: 25%
👉Investors: 13.6%
👉Core developers: 21.2%
👉Consultants: 4.2%
👉Molecule Fund: 5%
BIO Token Benefit
The BIO token acts as a governance token and utility for the ecosystem, granting holders the following rights:
🔥Vote on and approve new independent vital organizations.
🔥Access to early-stage funding rounds for independent, critical organizations.
🔥Receive financial rewards for contributions, including sharing health data and participating in clinical trials.
Notable projects in the autonomous bio-organization ecosystem
The Protocol ecosystem includes prominent independent bio-based organizations working on diverse biotechnology innovations:
🔥VitaDAO: Research into longevity.
🔥AthenaDAO: Women's Health.
🔥PsyDAO: The Science and Art of Mental Health.
🔥ValleyDAO: Biotech Solutions for Environmental Sustainability.
🔥HairDAO: Hair loss treatments.
🔥CryoDAO: Freezing Developments.
🔥Curetopia: Cure for rare diseases.
🔥Quantum Biology DAO: The Quantum Microscope for Biology.
Storing and trading BIO tokens
Storage
BIO tokens can be stored in wallets like Trust Wallet or cold wallets (Ledger and Trezor) for improved security.
Trading
Starting January 3, 2025, BIO tokens will be available on Binance and other platforms.
BIO Protocol represents a pioneering approach to biotechnology, combining cutting-edge technology with decentralized innovation. Its combination of blockchain and scientific research promises to deliver transparent, comprehensive, and impactful solutions to global health challenges. As one of the most prominent DeSci projects, BIO Protocol presents a compelling investment opportunity in a rapidly evolving industry.
👉Link to plant $BIO $ through $BNB or $FDUSD mode
https://launchpad.binance.com/en/launchpool/BIO_BNB
