Binance 63rd phase #Launchpool is ongoing, staking $BNB or FDUSD can earn BIO for free.
Bio Protocol (BIO) is a management and liquidity protocol for decentralized science (DeSci).
Based on staking returns, for the same staking amount, the returns from the FDUSD pool are higher than those from the BNB pool, as the BNB pool has more participants and total amount, resulting in relatively lower mining returns.
Currently, the pre-market trading price of BIO is $0.96, with high enthusiasm, and it may maintain this for a while after going online.
#币安LaunchpoolBIO预测
What is DeSci?
DeSci is decentralized science, a movement aimed at building public infrastructure for scientific research using Web3 technology.
Compared to traditional science (TradSci), decentralized science has a richer source of funding, more uncensored collaborations, and broader access to and openness of research data.
#DeSci Utilize blockchain technology to make science more decentralized, transparent, and accessible.
DeSci uses decentralized research methods, which will change traditional research approaches, not relying on centralized structures and intermediaries, but instead adopting decentralized means to achieve the creation and dissemination of knowledge.
In the future, the threshold for scientific research will be greatly lowered, and research will no longer be the privilege of a few individuals/institutions; everyone/organization can relatively easily participate in scientific research technology.
For example, funding donors, research technology developers, patients sharing disease reports, project marketing communicators, etc., everyone or organization can contribute to human life and scientific research.
Investors can gain returns from early funding donations; researchers can focus on research without the need to chase after research funds;
Patients share their disease experiences and reports, receiving better medical care and treatment after successful research is commercialized; disseminators promote the advancement of web3 applications and scientific research.
It sounds like the specific application of blockchain technology in DeSci will contribute to human progress and development, and even change the way scientific research is conducted in the future, benefiting everyone.
What is Bio Protocol?
BIO is a management and liquidity protocol for decentralized science (DeSci), allowing a global community of patients, scientists, and biotechnology professionals to jointly fund, establish, and own tokenized biotechnology projects and intellectual property (IP), thereby accelerating biotechnology development.
The BIO team helped create Molecule (a tokenized platform for early biomedical research) and VitaDAO (the largest decentralized community for longevity science), accumulating operational experience in DeSci projects.
#BİO Hope to catalyze on-chain scientific economy through decentralized funding, incentives, and liquidity. The BIO token allows holders to access the BIO scientific community and IP network, thus widely engaging with the DeSci economy.
The BIO protocol raises funds for research projects and uses community incentive mechanisms to promote project acceleration.
#BIOProtocol Use decentralized technology to introduce new research funding and commercialization models, breaking the limitations and monopolies of traditional scientific research, promoting the reform and development of global scientific and technological research.
Bio Protocol is a platform for the issuance and sale of research project tokens, where ordinary users can donate funds to research projects by purchasing project tokens, and gain profits from token appreciation in the later development of the research projects.
Currently, the BIO platform has launched 7 project tokens including CerebrumDAO, VitaDAO, CryoDAO, HairDAO, AthenaDAO, covering areas such as brain science development, longevity research, cryopreservation, consumer product development for hair loss, and women's health research.
How to participate in Bio Protocol?
Ordinary players can purchase ecological project tokens on the BIO platform. If scientific research makes progress and development in the future, the value of tokens will increase, and investments may yield returns.
For example, the current market value of the longevity project VitaDAO is $150 million. If you missed the early auction phase, you can still participate in VitaDAO. Of course, these projects are highly volatile, so be cautious of risks when purchasing.
In addition to participating in research projects on the BIO platform, you can also pay attention to BIO platform tokens.
The first round presale price of BIO tokens is $0.025, and the last round is $0.066. Currently, the pre-market trading is $0.96, with an increase of more than two to three times. I don't know how it will perform after going online.
BIO is deployed on the Ethereum chain, with an initial total supply of 3.32 billion tokens, without a maximum supply. In the future, it may be decided whether to increase the supply through community voting, and the increase mechanism requires deploying a new token contract to replace the current BIO token.
Additionally, BIO plans to airdrop BIO tokens to URO and RIF token holders to enhance the attention on the DeSci ecosystem.
What are the risks and opportunities of Bio Protocol?
New project development takes time, and value applications require a longer conversion cycle, but blockchain technology will definitely integrate with reality.
DeSci combines blockchain technology with scientific research development, promoting industry growth, addressing specific problems encountered in scientific R&D, and facilitating technological advancement.
However, the development of new physical entities is always slow and tortuous, requiring a long time to verify, and may encounter setbacks, even proving to be wrong and going to zero.
From the perspective of long-term holders, focusing on the development of science and technology is significant, but it may require a cycle of 5 to 10 years, or even longer;
If viewed purely from the perspective of MEME hype, it may experience a tenfold short-term growth, but afterwards, it will be a mess, and no one will care.
Dreams are always worth having; risks and returns are interconvertible.
While chasing wealth through blockchain, don't forget to use advanced technology to change the world and promote technological development.
I am Chi Xiao Chain, let's pay attention to the crypto market together.
