Binance Labs, the incubation fund of Binance, has recently announced its first investment in the field of decentralized science (DeSci), with an undisclosed amount of , for the BIO Protocol.
According to Binance Labs, BIO Protocol is built to revolutionize the way of funding and commercializing early-stage scientific research through technology.
With the new , BIO Protocol will expand its ecosystem, support seed funding for new BioDAs, and provide community and support. The project aims to build an autonomous infrastructure for scientific research funding, focusing on applications of artificial intelligence (AI), drug design, and open-source computational biology.
