BIO is about to be officially launched. Let me briefly expand on my views:
1. The threshold for understanding the narrative of DeSci is too high, which is the main reason why I was not optimistic about it in my "prediction" at the end of last year
But if BIO performs well, liquidity will run in this track for a while
The interesting point of the currency circle is that it will use funds to deduce a reasonable process based on the results
2. What this protocol itself does, I understand it as a community/DAO management tool with the concept of DeSCI
Regarding the form of DAO, I have always felt that it: the narrative is correct, but not very useful
Because I have participated in several DAOs myself, in the end, the cumbersome governance + the gathering of individual authority made some DAOs eventually exist in name only
3. BIO caught up with the DeSCI trend, so can other DAO tools on the market do the same?
I think it is very meaningful. The road of universal unlabeled DAO organization is not easy to follow. It is better to label your own infrastructure, such as making DAO organizations specifically for the AI track, making DAO organizations for the downstream of lending, etc.
In 2023, there will be infrastructure dedicated to making DAOs for SocialFi, which has attracted some attention
4. What is different about BIO is that the founding team itself has track experience, which is a typical example of explorers turning to layouters. Therefore, there are some logical loopholes to be supplemented in the third point mentioned above, which has not been thought about yet
5. A few days ago, someone in the comment area argued with me that DeSCI is scalable and the model is sustainable. It is too far-fetched. DeSCI is the most difficult track to make an economic closed loop in the Web3+ track, and the downstream supply is very uncertain
At present, the main way is still through donations. The concept is ideal, but the reality is very explicit
6. There are also people who say that the head exchanges will use DeSCI to check and balance the development of AI agents on the chain
why? why? why?
I don't understand, what is the contradiction here, is it a conflict?
➠Attached picture: Binance Square's introduction to BIO on December 27, 2023, which is different from the content of this article. If you are interested, you can search and visit Binance by yourself
The above. $BIO