🔬 Bio Protocol
$BIO represents a new project in the field of decentralized finance for science, aiming to transform the way scientific research and biological innovations are funded by connecting researchers with the community and investors via blockchain.
🧬 Bio Protocol
- A project that provides a decentralized infrastructure for funding biological research.
- Allows the creation of independent entities known as
"BioDAOs"
which are groups that fund specific scientific research.
- Aims to empower scientists to obtain direct and transparent funding without the need for central authorities.
💰 Uses of BIO:
- Voting on funding for scientific projects.
- Incentivizing researchers and institutions to participate.
- Receiving rewards from
BioDAOs when supporting successful projects.
Possibility to use $BIO to trade assets representing the intellectual property of the research.
📊 Key Indicators:
- Current price: approximately $0.05
- Total supply: 3.32 billion
- Circulating supply: about 1.8 billion
- Market cap: around $90–100 million
- Strong volatility: the price recently fluctuated between $0.04 to $0.09
⭐ Project Features:
- Offers a new model for funding scientific research democratically.
- Connects investors directly with scientists without intermediaries.
- Supports collective ownership of patents and scientific ideas.
- There is increasing interest from the Web 3 community towards decentralized finance projects for science.