Let’s talk about the key points first: Golden Shovel BNB is here to give you money again with its latest launchpool project - BIO Protocol! ! !
Project Introduction
BIO Protocol is a platform dedicated to funding and commercializing decentralized science (DeSci), focusing on unlocking innovation in the biotechnology field and providing decentralized funding support for scientific research. By integrating the resources of patients, scientists, and investors, BIO Protocol aims to solve the pain points in traditional scientific research funding and promote the tokenization of biotechnology intellectual property (IP).
What problems can BIO solve?
BIO Protocol provides solutions to the following pain points in the traditional research and biotechnology funding system:
1. Complicated scientific research funding process
Scientists spend a lot of time (up to 80%) applying for funding, which reduces scientific research efficiency.
2. Early discoveries are difficult to commercialize
Many early scientific research discoveries are unable to cross the "valley of death" due to lack of resources and support, causing potential biotechnology innovations to stagnate.
3. Centralization of scientific research funding
Scientific research funding is overly concentrated in a few geographical regions, resulting in the underutilization of talent and resources around the world.
4. Complex IP and licensing barriers
Fragmented intellectual property and complex licensing agreements hinder collaboration and delay the commercialization of biotechnology results.
5. Low patient contact
Scientific research is often disconnected from the patient community, and incentives between scientists and patients are misaligned.
Solution
1. Decentralized funding: Global users can invest in biotechnology projects.
2. Risk diversification: Reduce investment risk through project portfolio.
3. Shared IP: Tokenized intellectual property improves collaboration and liquidity.
4. Global resource integration: attract global scientists and capital participation.
5. Patient-centered: Strengthen the connection between patients and scientific research.
Token Function
BIO tokens are used for governance decisions, project screening, priority participation in BioDAO funding, and providing liquidity.
Advantages Summary
1. Breaking down traditional scientific research funding barriers: decentralized, open platforms support global scientific research innovation.
2. Improve efficiency and liquidity: Reduce R&D costs and accelerate marketization through tokenization.
3. Optimization of resources and incentive mechanisms: Integrate global talent and capital to promote close collaboration between patients and scientific research.
4. Strong financing capabilities: Multiple rounds of private placement and public financing have verified the potential of the project.
$BIO Token Economics and Distribution Strategy
As the native token of Bio Protocol, BIO token plays a vital role on the platform. The total number of BIO tokens is capped at 3.3 billion, which will be distributed and unlocked according to a specific allocation strategy. Among them, about 56% of the tokens are reserved for community building and ecosystem development to ensure that the platform remains community-driven and promotes long-term growth.
Other allocations are as follows:
Core Contributors (21.2%): 703,840,000 BIO
Investors (13.6%): 451,520,000 BIO
Molecule (5%): 166,000,000 BIO
Consultants (4.2%): 139,440,000 BIO
BIO Protocol is a highly innovative and promising decentralized scientific funding platform that provides solutions for scientific research funding and commercialization in the field of biotechnology through technological innovation and economic model optimization. Its core value lies in integrating scientists, patients and investors into a shared decentralized ecosystem, injecting new vitality and efficiency into the biotechnology industry.
How to participate in the event?
If BNB is not in your financial account, you need to manually go to the launchpool interface and click on the stake button. FDUSD can also participate! Users can put BNB and FDUSD into the BIO reward pool on the Launchpool website after 08:00 (GMT+8) on December 24, 2024 to get BIO. The BIO activity will last for a total of 10 days.
To register for Binance, you can fill in the invitation code: ESKVKO40
Click the link to participate in the event: https://www.binance.com/join?ref=36586075
