♛ Concept: BIO Protocol is a decentralized science (DeSci) curation and liquidity protocol, initially invested by Binance Labs, aimed at supporting scientific research projects and providing resources to promote innovation in scientific research. You can think of it as the 'on-chain scientific version of YCombinator.'
BIO Protocol includes core components such as BioDAO, curation systems, IP commercialization, and liquidity, and has built a diverse and highly engaged community through multiple rounds of auctions and airdrop programs, laying the foundation for a decentralized biomedical research network.
Among them, the most important is BioDAO, which raises funds through token sales and uses its funds to support and develop biotechnology projects related to its mission, creating shared intellectual property ownership among its members.
According to official information, 7 sub-DAOs have been successfully launched, 3 sub-DAOs are still in progress, with a total financing of 23.5 million USD and 7.2 million USD allocated for research funds.
Launched 7 sub-DAOs:
- $VITA (VitaDAO): A group focused on funding early longevity research, has received investment from Pfizer, and during Devcon, VitaDAO showcased its first longevity product VD001, a high-dose spermidine supplement approved by the Thai FDA.
It is worth noting that BIO Protocol co-founder Paul Kohlhaas is also the initiator of VitaDAO and the author of the VitaDAO white paper.
- $ATH (AthenaDAO): Focused on research and drug discovery for women's reproductive health.
- $GROW (ValleyDAO): A decentralized community governance platform focused on anti-aging drugs and longevity projects.
-$PSY (PsyDAO): Focused on psychedelic science research, completed its first PSY token sale in mid-November 2024, raising 2 million USD.
—HAIR (HairDAO): Aims to solve hair loss issues and has launched the Follicool shampoo product, which does not contain harmful parabens or sulfates. For each bottle of FolliCool purchased ($49.95), consumers will receive 1 million POO tokens.
-CRYO (CryoDAO): Dedicated to advancing cryopreservation research.
-$NEURON (CerebrumDAO): Promotes brain health and has raised over 1.5 million USD.
I will continue to track the potential future ecological currencies!