🚀 BIO Protocol (BIO) is a decentralized platform dedicated to advancing biotechnology by enabling global communities—including patients, scientists, and biotech professionals—to collectively fund, develop, and own tokenized biotech projects and intellectual property (IP). By leveraging blockchain technology, BIO Protocol aims to democratize access to biotech funding and innovation, fostering a more inclusive and efficient ecosystem for scientific advancement.
🔥Key Metrics
Funding Raised: Over $33 million secured during the BIO Genesis phase, strengthening the financial foundation for supporting BioDAOs and scientific research.
BioDAO Network Growth: The BIO ecosystem has incubated multiple BioDAOs, contributing to a growing network of decentralized biotech organizations.
Community Engagement: Airdropped BIO tokens to over 8,500 DeSci participants, fostering a broad and active community dedicated to advancing decentralized science.
🚀What Is BIO Protocol (BIO)?
BIO Protocol serves as a curation and liquidity protocol within the Decentralized Science (DeSci) movement. Its mission is to accelerate biotechnology by providing tools and frameworks that facilitate the creation of BioDAOs—decentralized autonomous organizations focused on specific scientific research areas. These BioDAOs enable community-driven funding and governance of biotech projects, ensuring that innovation is both inclusive and transparent.
💯BIO Protocol's Ecosystem and Core Features
BioDAOs: At the heart of BIO Protocol are BioDAOs, community-owned entities that focus on specific scientific domains. Each BioDAO pools resources to fund research and develop IP, with governance and benefits distributed among its members. Notable BioDAOs within the ecosystem include VitaDAO (longevity research), AthenaDAO (women’s health), PsyDAO (psychedelic science), and ValleyDAO (environmental biotech solutions).
Curation: BIO token holders participate in the selection of new BioDAOs by staking their tokens, ensuring that only high-quality projects join the ecosystem. This community-driven approach promotes a diverse and robust network of BioDAOs.
Funding: Approved BioDAOs receive financial support from the BIO Protocol, enabling them to initiate and sustain innovative biotech projects. This funding mechanism accelerates scientific research by providing resources at critical development stages.
Liquidity: BIO Protocol enhances liquidity for BioDAOs by facilitating token pairings in liquidity pools, improving market efficiency and accessibility for investors and contributors.
Meta-Governance: BIO token holders can engage in the governance of various BioDAOs, influencing decisions related to scientific IP assets and project directions, thereby fostering a collaborative and decentralized decision-making process.
