In November 2023, a tweet from CZ about "Been reading about biotech, thinking about how to use crypto to accelerate research funding there." brought the concept of DeSci to the public stage. DeSci is short for Decentralized Science, representing decentralized science combined with encryption technology.
In an interview, Vitalik Buterin, the founder of Ethereum, described Decentralized Science (DeSci). He believes that this concept aims to answer the question, "What are some emerging open and decentralized technologies that can make science better?" Unlike the virtual economy attributes of most Web3 projects, DeSci involves scientific development in traditional fields such as biotechnology, pharmaceuticals, and environmental science, with positive and practical social value.
In the DeSci track, biological science is one of the main ecosystems that scientists focus on studying, and the Bio Protocol is one of the more complete development theories. Cryptography, which is at the forefront of DeSci, is at the intersection of blockchain technology and biotechnology innovation.
According to the announcement on The First's official website, its spot area will be launched on January 8, 2025 Bio Protocol ecological token $BIO. The launch of Bio Protocol What surprises can it bring us, and what valuable investment information will it bring to investors? Let's approach the world of Bio Protoco 's biological science together, and then explore the future value of the DeSci ecosystem.
First, what is Bio Protocol?
In the field of biotechnology, research funding and monetization have always faced many challenges. Traditional funding models are often time-consuming and centralized, making it difficult for many promising research projects to receive sufficient support. At the same time, early research results often fall into the "valley of death", where research results are difficult to translate into practical applications, resulting in waste of research resources. In addition, intellectual property barriers also limit the widespread dissemination and application of research results, and patient participation is often insufficient, unable to fully reflect their true needs.
BIO Protocol was born to break these bottlenecks. As an innovative platform for decentralized science (DeSci), BIO Protocol is committed to funding and monetization of scientific research in the field of biotechnology, providing a new way for global patients, scientists, and biotechnology investors to jointly fund, create, and own tokenized biotechnology projects and intellectual property (IP).
The core advantage of BIO Protocol lies in its decentralized funding model. Through this platform, research projects can more easily obtain funding support from around the world without going through the cumbersome traditional funding process. This not only improves capital efficiency, but also gives more potential research projects the opportunity to obtain funding, thereby accelerating the progress of biotechnology.
In addition, BIO Protocol promotes innovation in biotechnology through global resource integration and intellectual property sharing. Scientific research projects on the platform can fully utilize global scientific research resources, including talents, technology, and equipment, thereby improving research efficiency and quality. At the same time, the tokenization of intellectual property makes it easier for scientific research results to be shared and applied, breaking the limitations of traditional intellectual property barriers.
For patients, BIO Protocol also provides more opportunities for participation. Patients can directly participate in the funding and decision-making process of scientific research projects through the platform, ensuring that their needs are fully reflected. This not only improves the pertinence and practicality of scientific research projects, but also enhances patients' trust and satisfaction with scientific research results.
Second, how does Bio Protocol work?
Bio Protocol is an innovative platform designed to serve two groups: on the one hand, it serves crypto/DeFi native users, providing them with access to funding and token trading through the bio-economy and bio-launchpad; on the other hand, it also serves scientists/biotechnology professionals, providing them with funding, guidance, and knowledge resources through the BIO incubator and BioDAO Bible.
Its core functions include:
Bio Protocol is not only a technical platform, but also a profound revolution in the field of biological data.
As an ordinary investor, the most intuitive way is to buy its token BIO to obtain the benefits of project appreciation. The current market price of BIO is around 0.8 USDT, and it will soon be launched on The First crypto trading platform l, providing a broader stage for this innovative project. This cooperation is not only a recognition of Bio Protocol, but also an early layout of the future potential of the field of biological data.
BIO token, as the core governance token of the BIO protocol, demonstrates multiple application values. It gives holders the decision-making power to participate in the governance of the BIO protocol, covering key matters such as the planning of BioDAO and the formulation of IP token sales terms, ensuring transparency and democracy in decision-making.
BIO tokens can be used to support the development of BioDAO, enjoy discounts on healthy products/services, and participate in governance decisions within BioDAO, directly affecting the growth direction of the project. With the continuous development of the BIO protocol, its value is expected to rise, bringing opportunities for asset appreciation to holders.
BIO tokens have good liquidity in the market, and holders can trade them at any time and enjoy convenient asset realization services. These application values reflect the important position and unique charm of BIO tokens in the BIO protocol.
Driven by blockchain technology, biological data will move from the traditional centralized storage model to a new decentralized economic system. Bio Protocol is undoubtedly the leader of this era. Now, The First Exchange is about to launch support for Bio Protocol. Please pay close attention and participate in this innovation wave as soon as possible, and witness the future of biological data with us!
In an interview, Vitalik Buterin, the founder of Ethereum, described Decentralized Science (DeSci). He believes that this concept aims to answer the question, "What are some emerging open and decentralized technologies that can make science better?" Unlike the virtual economy attributes of most Web3 projects, DeSci involves scientific development in traditional fields such as biotechnology, pharmaceuticals, and environmental science, with positive and practical social value.
In the DeSci track, biological science is one of the main ecosystems that scientists focus on studying, and the Bio Protocol is one of the more complete development theories. Cryptography, which is at the forefront of DeSci, is at the intersection of blockchain technology and biotechnology innovation.
According to the announcement on The First's official website, its spot area will be launched on January 8, 2025 Bio Protocol ecological token $BIO. The launch of Bio Protocol What surprises can it bring us, and what valuable investment information will it bring to investors? Let's approach the world of Bio Protoco 's biological science together, and then explore the future value of the DeSci ecosystem.
First, what is Bio Protocol?
In the field of biotechnology, research funding and monetization have always faced many challenges. Traditional funding models are often time-consuming and centralized, making it difficult for many promising research projects to receive sufficient support. At the same time, early research results often fall into the "valley of death", where research results are difficult to translate into practical applications, resulting in waste of research resources. In addition, intellectual property barriers also limit the widespread dissemination and application of research results, and patient participation is often insufficient, unable to fully reflect their true needs.
BIO Protocol was born to break these bottlenecks. As an innovative platform for decentralized science (DeSci), BIO Protocol is committed to funding and monetization of scientific research in the field of biotechnology, providing a new way for global patients, scientists, and biotechnology investors to jointly fund, create, and own tokenized biotechnology projects and intellectual property (IP).
The core advantage of BIO Protocol lies in its decentralized funding model. Through this platform, research projects can more easily obtain funding support from around the world without going through the cumbersome traditional funding process. This not only improves capital efficiency, but also gives more potential research projects the opportunity to obtain funding, thereby accelerating the progress of biotechnology.
In addition, BIO Protocol promotes innovation in biotechnology through global resource integration and intellectual property sharing. Scientific research projects on the platform can fully utilize global scientific research resources, including talents, technology, and equipment, thereby improving research efficiency and quality. At the same time, the tokenization of intellectual property makes it easier for scientific research results to be shared and applied, breaking the limitations of traditional intellectual property barriers.
For patients, BIO Protocol also provides more opportunities for participation. Patients can directly participate in the funding and decision-making process of scientific research projects through the platform, ensuring that their needs are fully reflected. This not only improves the pertinence and practicality of scientific research projects, but also enhances patients' trust and satisfaction with scientific research results.
Second, how does Bio Protocol work?
Bio Protocol is an innovative platform designed to serve two groups: on the one hand, it serves crypto/DeFi native users, providing them with access to funding and token trading through the bio-economy and bio-launchpad; on the other hand, it also serves scientists/biotechnology professionals, providing them with funding, guidance, and knowledge resources through the BIO incubator and BioDAO Bible.
Its core functions include:
- Data Sovereignty Users can fully control their biological data, including genetic data, health records, etc., and achieve peer-to-peer sharing through the platform.
- Decentralized data exchange market With the transparency and smart contract mechanism of blockchain, users can securely and efficiently sell or share biological data in the Bio Protocol market and obtain direct benefits.
- Data Security and Privacy Protection The sensitivity of biological data requires a higher level of security. Bio Protocol ensures data privacy through encryption technology, while making the entire process of data usage traceable and auditable.
Bio Protocol is not only a technical platform, but also a profound revolution in the field of biological data.
- Breaking down industry barriers Currently, biological data is often monopolized by industry giants such as healthcare and pharmaceuticals, and ordinary users cannot benefit from it. Bio Protocol greatly improves the liquidity of data through decentralized technology, allowing small medical institutions and research teams to equally access data resources and promote innovation.
- Empower users In the value system of Web3, "user-centricity" is the core concept. Bio Protocol enables users to master Data Sovereignty, making every participant a true beneficiary of the data economy.
- Cross-industry collaboration The ecosystem of Bio Protocol is not limited to the medical field. The value of its data also has great potential in fields such as insurance, sports health, and precision marketing.
As an ordinary investor, the most intuitive way is to buy its token BIO to obtain the benefits of project appreciation. The current market price of BIO is around 0.8 USDT, and it will soon be launched on The First crypto trading platform l, providing a broader stage for this innovative project. This cooperation is not only a recognition of Bio Protocol, but also an early layout of the future potential of the field of biological data.
- Global user base The First has a large global client base, which opens the door for Bio Protocol to enter the global market, allowing more users to understand and participate in this disruptive ecological project.
- Diversified activity support In order to welcome the launch of Bio Protocol, The First will launch a variety of activities, including transaction rewards, airdrop incentives, etc., to bring users additional revenue opportunities.
- Industry-leading technical support As a top exchange, The First not only provides a high-quality trading environment, but also provides solid support for Bio Protocol in ecological construction and technological development.
BIO token, as the core governance token of the BIO protocol, demonstrates multiple application values. It gives holders the decision-making power to participate in the governance of the BIO protocol, covering key matters such as the planning of BioDAO and the formulation of IP token sales terms, ensuring transparency and democracy in decision-making.
BIO tokens can be used to support the development of BioDAO, enjoy discounts on healthy products/services, and participate in governance decisions within BioDAO, directly affecting the growth direction of the project. With the continuous development of the BIO protocol, its value is expected to rise, bringing opportunities for asset appreciation to holders.
BIO tokens have good liquidity in the market, and holders can trade them at any time and enjoy convenient asset realization services. These application values reflect the important position and unique charm of BIO tokens in the BIO protocol.
- Investing in the future: Biodata is the next blue ocean market and Bio Protocol is at the forefront of this trend.
- Shared benefits: Users can obtain multiple benefits through data trading and ecological Incentive Mechanism.
- Explore innovation: Bio Protocol provides an open platform for users and developers to explore more possibilities of biological data together.
Driven by blockchain technology, biological data will move from the traditional centralized storage model to a new decentralized economic system. Bio Protocol is undoubtedly the leader of this era. Now, The First Exchange is about to launch support for Bio Protocol. Please pay close attention and participate in this innovation wave as soon as possible, and witness the future of biological data with us!
