According to ChainCatcher news, the on-chain analyst @ai_9684xtpa has released an analysis of the Binance new coin mining project BIO. The highest floating profit multiple of the private placement participants in BIO has reached 92 times, and the public offering has a minimum of nearly 15 times.
According to the Binance research report, BIO Protocol has raised a total of $30.2 million through private and public placements. There were two rounds of private placement, raising a total of $2.3 million, with valuations of $35 million and $69 million respectively; there were three rounds of public offering (i.e., BIO Genesis auction), raising a total of $27.9 million, with valuations of $85 million, $142 million, and $219 million respectively.
