🌱 What is $BIO #Write2Earn * Bio Protocol is a decentralized funding protocol dedicated to life sciences (DeSci), aiming to empower global communities to fund, build, and own science and biotechnology projects through what is known as BioDAOs * The BIO token operates on the Ethereum network as an ERC-20 token and is used to activate protocol functions such as voting, granting access permissions, and rewards. 🧮 Tokenomics * Total supply: 3.32 billion BIO * Circulating supply: approximately 1.3 billion (≈39%) * Distribution: 56% to the community (via auctions, airdrops, and incentives), 21.2% to the team, 13.6% to early investors, 5% to the Molecule fund, and 4.2% to advisors * Future releases: Additional releases are possible through community wisdom (governance). 📊 Market performance * Current price: ≈ $0.052. * Market capitalization: approximately $80–100 million, with high daily liquidity (tens of millions) * ATH price: Reached about $1.38 in January 2025, then dropped to a low of about $0.04 in April 2025 ✅ Pros * A revolutionary concept linking crowdfunding with biological research. * Backed by strong investment entities like Binance Labs and 1kx * An integrated incentive structure encompassing funding, liquidity, and voting rights. * Projects in the ecosystem include VitaDAO, AthenaDAO, PsyDAO, and others.
