Bio Protocol $BIO is a decentralized platform for funding, developing, and owning tokenized biotech projects and IP. More
| Fully Diluted Valuation | $217.61M |
|---|---|
| 24H Trading Volume | $62.61M |
| 24H Low / High | $0.06 / $ 0.07 |
| Circulating Supply | 1.87 B |
| Total Supply | 3.32 B |
| Max Supply | 3.32 B |
| Categories | Decentralized Science (DeSci) 4 more |
|---|---|
| Founder | Paul Kohlhaas 2 more |
| Website | bio.xyz Whitepaper |
| Socials | 2 more |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Basescan 3 more |
| Contracts |
0xcb1....e5ffa
2 more
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| Name | Pair | OG Score |
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Bio Protocol $BIO is a pioneering initiative in the Decentralized Science (DeSci) space, designed to accelerate biotechnology innovation. Its mission is to empower global communities of patients, scientists, and biotech professionals to fund, develop, and own tokenized biotech projects and intellectual property (IP). By leveraging onchain scientific economies, Bio Protocol $BIO aims to drive decentralized funding, incentives, and liquidity for early-stage scientific research.
The creators of Bio Protocol $BIO are no strangers to DeSci. The team has previously developed Molecule, a tokenization platform for biomedicine, and VitaDAO, the largest decentralized community dedicated to longevity science. These achievements form the foundation for Bio Protocol $BIO, which aspires to become the financial layer for DeSci by commercializing groundbreaking scientific research.
The $BIO token serves as the gateway to its network, granting access to scientific communities and IP while offering exposure to the DeSci economy.
Key Features of Bio Protocol $BIO
Meta-Governance
Bio Protocol $BIO enables governance across a range of biotech DAOs and IP assets. This meta-governance mechanism ensures broad participation and influence in the DeSci space.
Funding
It channels funding to specific scientific missions or individual IP assets while incentivizing activities within the network.
Liquidity
The platform creates globally accessible liquidity pathways, enabling seamless exchanges across the Bio Protocol $BIO ecosystem.
Launchpad
The Bio Launchpad is a core component, allowing the formation, curation, and funding of BioDAOs. This tool makes decentralized science more accessible and user-friendly.
Use Cases
Funding Scientific Research: Bio Protocol $BIO facilitates funding for early-stage biotech projects, university research, and corporate initiatives.
Tokenized IP Ownership: The platform allows individuals and DAOs to own and govern tokenized IP assets.
Community-Driven Innovation: By forming BioDAOs, communities can collaborate on specific areas of scientific research, such as longevity, synthetic biology, and rare diseases.
Founders and Team
The leadership team of Bio Protocol $BIO includes:
Paul Kohlhaas: Tokenomics expert.
James Sinka: R&D and Community Manager.
Jose Pinto: Legal Counsel.
Leonard Boltz: Product Developer.
Nate Hindman: Growth Specialist.
Stefano Glauser: Operations Leader.
Additionally, the team is supported by advisors like Tyler Golato (Research Dealflow) and Vincent Weisser (AI and Research).
Backers and Partners
Bio Protocol $BIO has garnered significant support from the crypto and biotech sectors. Key milestones include:
Pfizer Ventures backing VitaDAO with a $4.1 million investment.
Binance Labs investing in Bio Protocol $BIO in November 2024.
Partnerships with leading universities and research entities like the University of Copenhagen and Newcastle University.
Ecosystem
Bio Protocol $BIO operates with a growing network of biotech-focused DAOs, including:
VitaDAO: Longevity research.
ValleyDAO: Synthetic biology.
AthenaDAO: Women’s health research.
PsyDAO: Psychedelic science.
HairDAO: Addressing hair loss.
CryoDAO: Cryopreservation research.
These DAOs collectively represent a diverse array of scientific areas and demonstrate the platform's versatility.
Conclusion
Bio Protocol $BIO aims to redefine the funding and development of scientific innovation in the biotech industry. By bridging blockchain technology with decentralized scientific communities, it positions itself as a transformative force in the DeSci ecosystem.
Bio Protocol $BIO enables decentralized funding, tokenized IP ownership, and liquid biotech economies in the DeSci space.
The founders are Paul Kohlhaas, James Sinka, and Jose Pinto.
Bio Protocol $BIO is backed by Pfizer Ventures, Binance Labs, and partnered with universities like the University of Copenhagen.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Bio Protocol (BIO) is ($1,872,596,070), max supply of Bio Protocol BIO is ($3,320,000,000) and the market cap of Bio Protocol BIO is ($122,741,877).
What is the Bio Protocol (BIO) price prediction?
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The current market price of Bio Protocol (BIO) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
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Does Coin (Bio Protocol BIO) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Bio Protocol (BIO) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
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