WHAT IS $BIO
About Bio Protocol (BIO)
The BIO token is the core of the BIO ecosystem, designed to support decentralized governance and blockchain-based scientific funding. This token empowers the community to fund and manage scientific intellectual property rights through BioDAO (Decentralized Autonomous Organizations). BIO tokens also facilitate collaboration between researchers and investors in the biotechnology field, creating a more transparent and efficient funding model for cutting-edge research.
The BIO team focuses on decentralized science (DeSci) and comprises experts in various fields such as tokenomics, R&D, legal counsel, product development, and operations. Key members include Paul Kohlhaas (Tokenomics), James Sinka (R&D and Community), and Jose Pinto (Legal Counsel).
Key Features of BIO
Decentralized Governance: BIO token holders can participate in decision-making in BioDAO, such as determining funding and research direction.
Easy Collaboration: This token facilitates transactions between researchers, investors, and developers, accelerating the commercialization of early-stage science.
Incentives for Innovation: BIO tokens can be used for staking, voting, or receiving rewards, encouraging collaboration in the decentralized science (DeSci) community.