Project Introduction
BIO Protocol is a platform dedicated to funding and commercializing decentralized science (DeSci), aiming to unlock the potential of biotechnology innovation and provide more opportunities for scientific funding for patients, scientists, and biotechnology investors around the world. Through the BIO platform, users can jointly invest in tokenized biotechnology projects and intellectual property (IP), thereby promoting the development and success of these projects.
BIO Token Distribution
Financing History
- Private placement stage
- Pre-seed round: raised $900,000, with a valuation of about $35 million. Average price: 0.01 oil cost
- During the seed round: An additional $1.4 million was secured in investment, raising the total valuation to about $69 million. Average cost $0.02.
Auction cost
- Genesis Round 1: Raised $6.2 million, corresponding to a valuation of $85 million. Average cost $0.025.
- Genesis Round 2: Further raised $18.2 million, increasing the valuation to about $142 million. Average cost $0.042.
- Genesis Round 2.5: The last round attracted a total of $3.5 million in funding, with a final valuation of about $219 million. Average cost $0.065.
Current pre-market price
Whales pre-market price: $0.77
Pre-market price on a second-tier exchange: $0.85
Conclusion on borrowing for new projects
The current cost of borrowing for new projects is about $1.50. Personally, I feel that the risk of borrowing for new projects is very high. I bought 18,000 BIO on whales pre-market, so I won’t be borrowing for new projects this time. I hope the bosses pay attention to the risks.
The above is a brief introduction to the BIO Protocol project and an overview of its token economic model. I hope this helps you better understand the core values of the project and its role in driving innovation in the biomedical field.
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