BIO Protocol is a trailblazing project in the field of decentralized science (DeSci), designed to revolutionize biotechnology innovation through a decentralized scientific model. This protocol creates a platform to connect scientists, investors, and the global community to collaboratively fund, build, and own groundbreaking biotechnology research. Beyond financial support, BIO Protocol encourages active community participation in the development and governance of biomedical projects.
BIO Protocol isn’t just a crowdfunding platform. It aims to establish a holistic ecosystem where biotech projects are incubated, managed, and developed with access to decentralized resources. This ecosystem enables researchers to transform innovative ideas into actionable projects, access critical resources, and turn scientific breakthroughs into practical applications, thereby driving sustainable growth in biomedical science.
BIO Protocol Products
BIO Protocol provides a decentralized infrastructure to support biotech research and development. Its offerings are divided into three primary products:
1. BIO Protocol Infrastructure
BIO Protocol forms the backbone of its ecosystem, enabling the efficient operation of decentralized science DAOs (bioDAOs). This infrastructure facilitates resource distribution, IP-token management, liquidity layers, and on-chain research economy frameworks.
Key features include:
- Governance: BIO token stakers approve new bioDAOs and gain early access to their tokens.
- Funding: Supports bioDAOs in raising funds and managing liquidity.
- Incentives: Offers rewards for significant milestones, such as launching IP-tokens or conducting decentralized clinical trials.
2. BIO Launchpad
BIO Launchpad connects investors with biotech projects through token auctions, enabling bioDAOs to secure early funding. Investors can bid on tokens and claim them after approval. This platform accelerates funding for research initiatives.
3. BioDAO Incubator
The BioDAO Incubator is a 16-week hybrid program designed to nurture promising biotech DAO projects. It provides financial backing, mentorship, and technical resources to overcome challenges in biotech DAO development.
Participants gain access to expert guidance, funding, and networks to successfully launch their DAOs.
Tokenomics of BIO Protocol
Token Details
- Ticker: BIO
- Blockchain: Ethereum
- Type: Utility, Governance (ERC-20)
- Total Supply: 3,320,000,000 BIO
- Circulating Supply: 1,296,529,168 BIO
Token Distribution
- Community: 56% (including 20% for auctions and 6% for airdrops)
- Ecosystem Incentives: 25%
- Investors: 13.6%
- Core Developers: 21.2%
- Advisors: 4.2%
- Molecule Fund: 5%
Utility of BIO Token
The BIO token serves as the governance and utility token of the ecosystem, granting holders rights to:
- Vote on and approve new bioDAOs.
- Access early-stage funding rounds for bioDAOs.
- Receive financial rewards for contributions, including health data sharing and clinical trial participation.
Notable Projects in the BIO Ecosystem
BIO Protocol’s ecosystem includes prominent bioDAOs working on diverse biotech innovations:
- VitaDAO: Research on longevity.
- AthenaDAO: Women’s health.
- PsyDAO: Mental health science and art.
- ValleyDAO: Biotech solutions for environmental sustainability.
- HairDAO: Hair loss treatments.
- CryoDAO: Cryopreservation advancements.
- Curetopia: Rare disease treatment.
- Quantum Biology DAO: Quantum microscopy for biology.
Storing and Trading BIO Tokens
Storage
BIO tokens can be stored in wallets like Trust Wallet or cold wallets (Ledger, Trezor) for enhanced security.
Trading
Starting January 3, 2025, BIO tokens will be available on Binance and other platforms.
Conclusion
BIO Protocol represents a groundbreaking approach to biotechnology, combining cutting-edge technology with decentralized innovation. Its integration of blockchain and scientific research promises to deliver transparent, inclusive, and impactful solutions for global health challenges. As one of the most prominent DeSci projects, BIO Protocol offers a compelling investment opportunity in a rapidly evolving industry.
