The latest issue of Binance launchpool has been launched for trading. Many friends have analyzed Bio Protocol. I will not do any comprehensive investment research here. I just want to talk about a few points here:
First, decentralized science DeSci may theoretically break the "zero-sum game" of the currency market.
For example, Bio Protocol is a scientific research (mainly in the field of biological science) DAO, and the intellectual property is shared by DAO members. This intellectual property may bring value inflow in the future, such as applying for patents, producing health care and medical products, etc. to obtain income.
Second, BTC is essentially a crowdfunding economic model. A few years ago, some people questioned how BTC could increase its price without making a profit. Imagine if BTC is not open source, the code of this decentralized peer-to-peer cash network should be able to sell money. Open source code becomes a crowdfunding economic model. Developers and miners (mining pools) maintain and improve the BTC network and profit from the rise in BTC prices.
DeSci projects like Bio Protocol return the blockchain economic model to the crowdfunding economic model. The scientific research team and investors have contributed their intellectual labor and funds respectively, and have the opportunity to profit from it.
Third, since 2022, some old projects have received secondary investments, such as IOTX, Avalanche...Aptos developers are actually the same people as Libra. This means that the number of new teams that can come in to disrupt the situation is decreasing, and some high-quality teams and projects can go further.
Fourth, this is a project invested by Binance.
For a long time, blockchain and currency circles have been questioned as being cut on the market. As the largest trading platform in the currency market, it is one of the institutions that have made the most profits in this industry. No one should want this industry to break through this zero-sum game more than Binance, and no one should want blockchain and Web3 to serve mankind more than Binance.