Binance just announced BIO Protocol (BIO) as the 63rd project on Binance Launchpool🚀
🌐What is BIO Protocol (BIO)?
The BIO Protocol is a new financial framework for decentralized science (DeSci), designed to accelerate the commercialization of top-tier scientific research.
It enables anyone to fund, develop, and manage tokenized intellectual property from universities, companies, and researchers globally. By directing resources to promising early-stage science, BIO fosters biotech innovation through decentralized funding and collaboration.
Recently, Binance Labs made its first investment in BIO, marking a significant step in DeSci. The BIO Launchpad, set to launch next month, aims to make BioDAO curation, formation, and funding more engaging and accessible. Upcoming projects include Long Covid Labs, Quantum Biology DAO, and Curetopedia.
👨🔬Decentralized science (DeSci) is a concept that leverages blockchain technology to aim for a more open, incentivized, and community-driven scientific research.
🧪BIO transforms the way early-stage scientific research is financed and commercialized using blockchain technology.
The pharmaceutical industry doesn't supply medicines fast enough or at a low enough price, and the BIO protocol aims to remedy this.
Binance lab has therefore chosen to invest in Decentralized Science, this new sector linked to blockchain is likely to be very promising in the long term and booming!🚀
BIO is well placed to take the DeSCI lead, here are some key points to Highlights:
🔷Binance Labs made its first DeSci investment in BIO in November, attracting attention from other thought leaders, including CZ, Vitalik and Coinbase founder Brian Armstrong.
🔷BIO‘s previous successes include Pfizer Ventures-backed VitaDAO, HairDAO and CerebrumDAO; cumulative market cap of all BioDAOs incubated by BIO is over $310M, with over $40M in tokenized IP.
🔷BIO Launchpad’s most recent launch (Quantum Biology DAO, $QBIO) was 13X oversubscribed ($6.8m raised).
🔷BIO will be listed on Binance January 3, 2024 - Bringing DeSci to 200m+ users on the most liquid crypto venue on the planet!📈
🔶BIO is backup by huge Investor names such as: Binance Labs; Mechanism Capital; Northpond Ventures ; ZeePrime Capital; Kosmos Ventures; Panga Capital; Etc...
🔶Milestones & Numbers:
BIO Genesis raises $33m in DeSci tokens and ETH
Quantum Biology DAO launch 13X oversubscribed ($6.8m raised)
Pfizer invests in VitaDAO Auction and becomes the first pharma company to vote in DAO proposals.
60 BioDAO-Funded Projects
$40M+ in Tokenized IP Market Capitalization: aggregate value of IP brought on-chain by BioDAOs.
$45M+ in BIO Assets Under Management (AUM): capital reserves in the BIO Protocol’s treasury, primarily used for providing liquidity to network BioDAOs.
🔶 A very promising roadmap (short term)
🐋Binance Launchpool Details (BIO)
Max supply: 3,32 billion tokens.
This supply is dynamic, meaning that it may increase via network governance.
Total genesis token supply is 3,32 billion.
Launchpool token rewards: 99,6 million BIO tokens or 3% of the genesis token supply.
The initial circulating supply when listed on Binance Spot will be over 1,296 billion BIO tokens, or a little over 39% of the total genesis token supply.
💰Hurry up, lock your BNB tokens to receive BIO airdrops before the official listing on binance! To farm BIO tokens, Visit the Launchpool page! 🪙
📈I hope these few words will help you with your investments!
🌐If you'd like to know more about this subject:
Twitter / X
https://x.com/bioprotocol
Website
https://bio.xyz/
Launchpad
https://app.bio.xyz/launchpad
Docs
https://docs.bio.xyz/bio
Ecosystem Dashboard
https://app.bio.xyz/dashboard