BIO Protocol Project - Pioneer #DeSci Soon to Be Listed on Binance
BIO Protocol is a pioneering project in the field of decentralized science (DeSci), opening up opportunities for scientists, patients, and investors around the world to participate in funding, developing, and co-owning new drugs through biotechnology DAOs. This model addresses gaps in the traditional scientific funding system, particularly in underserved areas such as rare diseases, longevity research, and emerging health challenges.
Read more:
DeSci - Decentralized Science: Potential, Applications, and Ecosystem
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Vision and Development Network
Currently, BIO Protocol has built a strong ecosystem with seven "BioDaos" operating on the Ethereum blockchain. In 2025, the project plans to expand to Solana and other blockchains to optimize collaboration and growth.
The BioDaos are currently supporting research in the following areas:
- Cryopreservation
- Women's Health
- Psychedelic Medicine Applications
Upcoming, BIO Protocol will fund breakthrough research projects such as:
- Treatments for Long COVID
- Research on rare diseases
- Development of quantum microscopes to observe quantum biological phenomena.
Key Milestones
- Launched 8 BioDaos on Ethereum.
- Over $40 million in IP value encoded.
- Aiming for more BioDaos, integrating advanced protocols, and deploying AI Agents.
Development Team
- Paul Kohlhaas (Founder & CEO): A pioneer in DeSci, CEO of Molecule and co-founder of VitaDAO. He previously worked at ConsenSys and helped deploy blockchain solutions for the Swiss government.
- Clemens Ortlepp (Co-founder & CPO): Co-founder of MTX Studio, an expert in decentralized technology.
Tokenomics Information
- Token Symbol: BIO Protocol (BIO)
- Max Supply: 3,320,000,000 BIO (subject to governance adjustments)
- Initial Circulating Supply: 1,296,529,168 BIO (39.05% of total genesis supply)
- Launchpool Rewards: 99,600,000 BIO (3% of total genesis supply)
- Contract: Ethereum (0xcb1592591996765Ec0eFc1f92599A19767ee5ffA)
Investors and Partners
BIO Protocol has successfully raised $13 million, with participation from major funds such as:
- 1kx
- Boost VC
- Northpond Ventures (a $3 billion biotech fund)
Additionally, Binance Labs is one of the strategic investors, although the specific investment amount has not been disclosed.
How to Receive BIO?
Users can participate in receiving BIO tokens through the Launchpool Airdrop program:
- Mining Period: Starts from 07:00 on December 24, 2024 (Vietnam Time), lasting for 10 days.
- Users need to lock BNB or FDUSD to participate.
- BIO will be officially listed on Binance Spot at 17:00 on January 3, 2025 (Vietnam Time).
Register a Binance Account: (https://accounts.binance.com/register?ref=125642931)
BIO Protocol not only brings potential investment opportunities but also represents a significant step in revolutionizing the biotechnology industry. Get ready to participate today!
The article Binance Announces Launchpool Project 63 - Bio Protocol (BIO) - DESCI Trend first appeared on Coin79 - Crypto News and Investment Knowledge.
