#币安LaunchpoolBIO On December 23, Binance announced the launch of the 63rd Launchpool project, Bio Protocol (BIO) @bioprotocol.
What is Bio Protocol?
BIO Protocol is a curation and liquidity protocol in the decentralized science (DeSci) field, first invested in by Binance Labs, aimed at supporting and providing resources for scientific research projects to promote research innovation.
You can think of it as the 'on-chain science version of Y Combinator.'
BIO Protocol includes core components such as BioDAO, curation systems, IP commercialization, liquidity, and incentive mechanisms, building a diverse and highly participatory community through multiple rounds of auctions and airdrop programs, laying the foundation for a decentralized biomedical research network.
Among these, the most important is BioDAO, which raises funds through token sales and uses those funds to support and develop biotechnology projects related to its mission, creating shared intellectual property ownership among its members.
According to official information, there are currently 7 sub-DAOs that have successfully launched, with 3 sub-DAOs still in progress, raising a total of $23.5 million and deploying $7.2 million in research funding.
The 7 launched sub-DAOs are:
- $VITA (VitaDAO): A group focused on funding early longevity research, which has received investment from Pfizer. During Devcon, VitaDAO also showcased its first longevity product, VD001, a high-dose spermidine supplement approved by the Thai Food and Drug Administration.
It is worth noting that BIO Protocol co-founder Paul Kohlhaas @paulkhls is also the initiator of VitaDAO and the author of the VitaDAO white paper.
- $ATH (AthenaDAO): Focused on reproductive health research and drug discovery for women.
- $GROW (ValleyDAO): A decentralized, community governance platform focused on anti-aging drugs and longevity projects.
- $PSY (PsyDAO): Focused on psychedelic science research, which completed its first PSY token sale in mid-November 2024, raising $2 million.
- $HAIR (HairDAO): Aims to address hair loss issues and has launched the Follicool shampoo product, free of harmful parabens or sulfates. Consumers receive 1 million POO tokens for each bottle of FolliCool purchased ($49.95).
- $CRYO (CryoDAO): Dedicated to advancing cryopreservation research.
- $NEURON (CerebrumDAO): Promoting brain health, having raised over $1.5 million.