Binance, the largest cryptocurrency exchange in the world, announced its 63rd project on the Launchpool platform. BIO Protocol (BIO) is a decentralized platform that aims to drive innovation in biotechnology through the decentralized science (DeSci) model. It connects scientists, investors and the global community, enabling joint financing and development of groundbreaking biotechnology research.
Register on Binance and participate in the BIO Protocol launchpool. Get an additional 20% discount on exchange commissions.
Bio Protocol – a new era of science financing
BIO Protocol is a response to the problems that have plagued the traditional model of financing scientific research for years. Today, scientists often spend up to 80% of their time seeking funding for their projects, limiting their ability to conduct actual research. In the development of the biotech industry, which increasingly uses the latest technological achievements in its research, such as AI, it is necessary to optimize processes related to the flow of funds.
The BIO token eliminates this barrier, enabling everyone – from individual investors to entire patient communities – to support biotechnology projects. Thanks to the use of blockchain technology and decentralization, financing processes become more transparent, faster and globally available. BIO Protocol is also an opportunity to attract talents and resources from around the world, which allows for the creation of innovative solutions without geographical limitations.
Why is the BIO token so necessary?
The traditional biotechnology sector faces many challenges. In addition to the time-consuming process of obtaining funding, many promising research projects never reach the commercialization stage. This is the so-called “valley of death”, where there is a lack of resources, support and the market considers projects too risky (although they often provide innovative solutions). It is also worth adding that projects that manage to obtain financing are often spectacularly successful. A great example is the achievements of scientists from McMaster University and the Massachusetts Institute of Technology, who, with the help of AI, discovered an antibiotic for the superbug – abaucin. Although long-term clinical tests are still necessary, thanks to efficient financing, it was possible to discover a cure for an antibiotic-resistant bacterium that killed over a million people every year.
BIO Protocol effectively addresses these problems by enabling the creation of portfolios of tokenized projects that minimize investment risk thanks to their diversification. Moreover, decentralization allows for the sharing of intellectual property (IP) rights, which not only accelerates the development of innovations, but also increases their availability to patients and investors.
BIO Protocol Launchpool details
BIO Protocol enters the Binance Launchpool with specific benefits for the community. Binance users can subscribe to BIO using BNB tokens, earning airdrops for 10 days – from December 24, 2024 to January 2, 2025. This is not only a chance to obtain a new token, but also to participate in a project with huge potential to change the biotechnology sector. Some important information about the BIO Protocol token:
- Token name: BIO Protocol (BIO)
- Total token supply: 3,320,000,000 BIO. The protocol has a management mechanism that can dynamically increase supply as the network needs.
- Initial circulating supply when listed on Binance: 1,296,529,168 BIO (39.05% of total initial token supply)
- Launchpool Rewards: As much as 99,600,000 BIO, or 3% of the initial token supply, will be distributed among participants.
- BNB pool: The most benefits await those who decide to subscribe to BIO using BNB – this pool contains as much as 84,660,000 BIO, which constitutes 85% of the entire prize allocation.
- Token contract/network details: Ethereum (0xcb1592591996765Ec0eFc1f92599A19767ee5ffA)
The token will be listed on the Binance exchange on January 3, 2025, and users will be able to trade in BIO/BNB and BIO/TRY pairs.
BIO token distribution:
- Binance Launchpool: 3.00% of the total token supply
- Team: 21.20% of the total token supply
- Advisors: 4.70% of the total token supply
- Private investors: 13.60% of the total token supply
- Molecule AG: 5.00% of the total token supply
- Community Auction/Public Investors: 20.00% of the total token supply
- Social Airdrops: 6.00% of the total token supply
- Molecule Community Fund: 5.00% of the total token supply
- Ecosystem initiatives:
- Liquidity and marketing: 2.50% of the total token supply
BIO Protocol is an opportunity for the entire biotech industry
BIO Protocol is not just another token – it is an innovative ecosystem that combines decentralized finance with biotechnology. Thanks to the tokenization of intellectual property rights, scientific projects can move more quickly from the research phase to commercialization. Additionally, DAO mechanisms allow the community to decide which projects will receive financial support, eliminating traditional bureaucratic barriers. BIO Protocol also creates liquidity markets for traditionally illiquid assets, which enables quick access to capital and supports the development of the entire sector.
Hurry up – Lauchnpool BIO only until January 2!
Register on Binance and participate in the BIO Protocol launchpool. Get an additional 20% discount on exchange commissions.
Launchpool BIO on Binance is more than just the launch of a new token – it is a step towards a future where science and technology come together to accelerate innovation. BIO Protocol opens new opportunities for both scientists and investors, changing the way research and commercialization of biotechnology projects are financed. Don’t miss your chance – join Launchpool today and become part of the global movement supporting the development of science.
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