Introducing BIO Protocol (BIO), the 63rd project on Binance Launchpool, where blockchain meets biotechnology. BIO is a platform designed to revolutionize science funding and commercialization by empowering global communities of patients, scientists, and investors to collectively fund and own tokenized biotech projects and intellectual property (IP).
🔬 Why BIO Protocol?
1️⃣ Challenges in Scientific Funding
• Lengthy Funding Processes: Researchers spend up to 80% of their time securing funds, slowing innovation.
• “Valley of Death” Effect: Promising discoveries often fail due to high risks and limited resources.
• Unequal Access: Concentrated funding leaves most global talent untapped.
• IP Barriers: Complex ownership structures hinder collaboration.
• Disconnected Research: Misaligned incentives between researchers and patient communities.
2️⃣ BIO’s Solution
• Decentralized Funding: Enables anyone to invest in biotech projects.
• Global Collaboration: Pools talent and resources worldwide for focused innovation.
• Shared Ownership: Tokenizes IP and DAOs for transparent, collective ownership.
• Efficient Liquidity: Creates liquid markets for traditionally illiquid biotech assets.
• Open Access: Removes gatekeeping, fostering global participation.
💡 Key Features of BIO Protocol
• Launchpad for BioDAOs: Empowering biotech innovation with funding, legal, and governance support.
• Liquidity Protocol: Over $50M in Total Value Locked (TVL), providing early liquidity for biotech projects.
• Track Record of Success: $7.37M deployed in research, generating a tokenized IP portfolio worth over $43M.
📅 Binance Launchpool Details
• Start Date: December 24th, 2024 (00:00 UTC)
• Farming Period: 10 days
• Pools:
• BNB Pool: 84,660,000 BIO (85% of rewards)
• FDUSD Pool: 14,940,000 BIO (15% of rewards)
• Launchpool Allocation: 99,600,000 BIO (3% of total supply)
• Trading Start: January 3rd, 2025 (10:00 UTC)
📊 Token Metrics
• Token Name: BIO Protocol (BIO)
• Max Supply: 3,320,000,000 BIO (dynamic, subject to governance)
• Initial Circulating Supply: 1,296,529,168 BIO (39.05%)
• Network: Ethereum
🌟 BIO’s Mission
BIO Protocol aims to accelerate groundbreaking biotech research by democratizing funding and commercialization, creating valuable scientific IP outside the traditional confines of the pharmaceutical industry.
*Molecule AG: Molecule AG initially created BIO as an internal project before it was spun out into its own Protocol. Molecule AG is the creator of IP tokenization frameworks utilized by DAOs to bring research assets on-chain.
2.2 Token Release Schedule
⚠️ Reminder
Only Binance will list BIO tokens starting 2025-01-03. Any pre-listing claims are likely false advertising. Stay vigilant and always DYOR (Do Your Own Research)!
Be part of the biotech revolution—start farming BIO Protocol tokens on Binance Launchpool! 🌐