According to Wu, the BIO Association, a non-profit organization backed by biotech companies, announced its community genesis and fair launch. Users can use ETH or other DeSci tokens to obtain BIO tokens before the BIO Protocol goes live.

BIO Association aims to develop a decentralized biotech network and serve as a launch pad for on-chain scientific communities, connecting the biotech and cryptocurrency fields. Currently, the BIO network includes eight different scientific communities focusing on areas such as longevity, women's health, neurodegenerative diseases, and synthetic biology.

Previously, BIO Protocol completed a public fundraising of US$6.22 million in August.