Binance Launchpool has started the 63rd project - BIO Protocol (#BIO), which is already in progress. If you haven't deposited yet, hurry to stake BNB/UDUSD for mining.
Let's quickly understand BIO Protocol and its token $BIO
🔍 What is BIO Protocol?
BIO Protocol is a decentralized science (DeSci) launch platform and liquidity protocol aimed at driving global biotechnology innovation through decentralized means. It connects patients, scientists, and investors to co-fund and own tokenized biotechnology projects and intellectual property (IP).
🌐 What is the vision of BIO Protocol?
- Accelerating scientific breakthroughs: supporting individuals rather than institutions in leading biotechnology funding and commercialization.
- Liquidity and community: building efficient markets and on-chain communities, collaborating around the most promising early-stage scientific projects.
- Tokenization of intellectual property: providing incentives and structure for distributed R&D beyond traditional pharmaceuticals, creating more valuable scientific IP.
🌐 How to solve the pain points in the biotechnology field?
- Decentralized financing: opening investment channels to allow anyone to support potential projects.
- Resource integration: gathering data, funds, and talent to reduce innovation costs.
- Investment risk diversification: reducing the risks of biotechnology investments through project portfolio management.
- Global collaboration: attracting global scientists and capital to drive breakthrough research.
- Shared ownership: achieving joint ownership of intellectual property through tokenization.
- Early liquidity: providing liquidity support for biotechnology assets.
- Open governance: eliminating intermediary barriers in traditional funding processes.
What are the core products of BIO Protocol?
1. BioDAO launch board
- The first 8 DAOs have completed the acceleration program, with a total market value exceeding 300 million USD.
- Latest BioDAO raised initial funds of 6.8 million USD, oversubscribed by 13 times.
2. Acceleration tools
- Providing legal frameworks, brand building, and Web3 tool support to help the community establish BioDAO.
- Raised a total of 7.37 million USD for the research field, with a tokenized IP portfolio worth over 43 million USD.
3. Liquidity protocols
- Guiding liquidity through BIO Genesis, locking total value (TVL) over 50 million USD.
- Approximately 29,800 network token holders.
What are the empowerments of $BIO?
- Governance rights: holders can participate in the governance of the protocol and BioDAO.
- Whitelist privileges: priority access to BioDAO funding rounds and IP tokens.
- Curation management: supporting quality BioDAO launches and providing funding and liquidity.
- Connecting ecosystems: BIO holds a basket of DeSci tokens and achieves network interconnection through supporting BioDAO.
- Liquidity yields: earn trading fees through tokenized assets in the protocol treasury.
💹 What are the financing and circulation of $BIO?
Total financing from private and public offerings is 30.2 million USD:
- Private fundraising
- Pre-seed round: raised 900,000 USD, valuation of 35 million USD.
- Seed round: raised 1.4 million USD, valuation of 69 million USD.
- Public fundraising
- Genesis Round 1: raised 6.2 million USD, valuation of 85 million USD.
- Genesis Round 2: raised 18.2 million USD, valuation of 142 million USD.
- Genesis Round 2.5: raised 3.5 million USD, valuation of 219 million USD.
- Total token supply, circulation, and distribution
- Total supply of 3.32 billion, initial circulation of 1.296 billion.
- Binance Launchpool accounts for 3% of the total amount.
For other allocations and unlocks, please refer to the attached image!
Highest rebate link:
https://www.marketwebb.ac/join?ref=PIUCM52E
