The BIO digital currency – is the currency of the BIO protocol that enables global communities of scientists, patients, and investors to collectively fund, develop, and own new drugs and treatments through its network of decentralized independent biotechnology organizations (BioDAOs).
It provides the organization, creation, and acceleration of new organizations for biopharmaceutical development to fund science on-chain.
It offers permanent funding and liquidity for independent biopharmaceutical development organizations and biotechnology assets on-chain.
It unifies the frameworks of biopharmaceutical development organizations, token economies, and datasets/products.
It creates and markets intellectual property and scientific data.
As the BIO protocol relies on high-quality BioDAOs, the organization requires locked BIO participation, ensuring that participants are long-term aligned with the network.