What is Decentralized Science (DeSci)? Decentralized Science (DeSci) aims to utilize Web3 technology to establish new public infrastructure (fundraising, publishing, peer review, data openness, commercialization, etc.) to support the advancement of scientific research, attempting to innovate traditional scientific processes.
DeSci implements decentralized practices for knowledge creation and dissemination to promote knowledge sharing and scientific progress. Essentially, the goal of DeSci is to expand access to scientific research materials, foster a more transparent peer review process, and encourage international collaboration among researchers.
At the same time, through blockchain technology, help DeSci ensure the integrity and immutability of scientific records.
How does Decentralized Science (DeSci) work?
With the help of blockchain for secure data storage
Decentralized decision-making using DAO
Using tokenization to incentivize research contributions and control intellectual property
In DeSci, tokens and intellectual property non-fungible tokens (IP-NFT) can encourage participation and claim ownership of research outcomes. IP-NFT allows researchers to mark their intellectual property (e.g., papers, datasets, patents) on the blockchain. Tokens can be used to coordinate incentives within decentralized research communities, reward researchers for their contributions, and promote collaboration.
What is DeSci Decentralized Science BIO that CZ supports? It is a project invested by Binance Labs!
BIO Protocol (BIO), this is a groundbreaking protocol that uses blockchain technology to change the financing and commercialization of early-stage scientific projects.
BIO Protocol, invested by Binance Labs, aims to build a global research funding and collaboration platform using blockchain and DAO, hoping to leverage blockchain technology to address currently difficult problems such as rare diseases, longevity research, and emerging health. The BIO Protocol network currently has seven BIO DAOs covering multiple areas such as cryogenic storage, women's health, and mental health.
BIO has conducted several Bio Genesis token sales previously:
On August 9, BIO Protocol launched the first round of Bio Genesis token sale, with an average price of $0.025 and a trading volume of $11.51 million.
The second round of token sales will take place on September 30, and this time the average price of BIO has already increased by 72% to $0.043, with trading volume rising to $19.49 million.
Until the second round of public auction on November 10, the price of BIO rose to $0.066, an increase of 264% from the first round. Currently, the auction rounds for BIO Protocol have ended.
BIO is Binance's own project, which can be said to be CZ's first project. It is currently undergoing Launchpool and the duration is still long, ten days! It is also equivalent to building momentum for BIO!
Binance will list Bio Protocol (BIO) on January 3, 2025, at 18:00 (UTC+8), and open trading markets for BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY!
Token Name: BIO Protocol (BIO)
Total genesis token supply: 3,320,000,000 BIO
Maximum token supply: 3,320,000,000 BIO (can be increased through network governance)
Total Launchpool: 99,600,000 BIO (3% of the total genesis token supply)
The initial circulating supply of spot trading when listed on Binance: 1,296,529,168 BIO (39.05% of the total genesis token supply)
One point to note here is that BIO can increase the token supply through network governance, which means it has centralized characteristics and there is a backend. It also suggests that if tokens are not enough to sell later, they can be increased!
BIO has already raised several tens of millions of dollars even before being listed on Binance, and some chips have also been distributed. There will be some selling pressure when it gets listed, but after a couple of hours post-listing, there will definitely be a significant price surge! It’s a strategy to attract people with the rise.
Everyone who didn't participate in Binance Launchpool, remember to join! You can participate using BNB or FDUSD! After all, participating with FDUSD is risk-free and guarantees profit! The ten-day duration of Launchpool is quite pleasant!
