DeSci, as an emerging narrative in the Web3 field, is gradually moving towards the mainstream vision.
What is DeSci (decentralized science)
DeSci is an emerging trend that uses blockchain and decentralized technology to reconstruct the way scientific research, funding, dissemination and cooperation are carried out. Solve problems such as financing difficulties, insufficient data sharing, and low research transparency in traditional scientific fields.
Explore BIO Protocol: The combination of decentralized science and blockchain Just as Launchpool launched the BIO Protocol project, it is not only an investment target of Binance Labs, but also one of the leaders in the DeSci track.
BIO Protocol's core products 🔶 BioDAO launchpad diversity: The first batch of 8 BioDAOs have completed the acceleration plan, with a total market value of more than US$300 million, covering multiple fields from rare diseases to longevity research. Resource integration: Provide legal, brand building and Web3 tool support for BioDAO, effectively lowering the technical threshold for launching scientific projects.
🔶 Intellectual property tokenization (IP-NFT) uses IP-NFT technology to convert the intellectual property of scientific research into tradable digital assets, so that its sharing rights belong to the community.
🔶Liquidity Protocol provides tools such as BIO Genesis to build a secondary market for scientific research and solve the problem of lack of early liquidity in biotechnology research. The total locked value (TVL) has exceeded 50 million US dollars.
BIO Protocol's token ($BIO) has the following key features:
1⃣Governance rights: $BIO token holders can participate in the governance of the protocol and BioDAO, including decisions such as protocol upgrades and ecological resource allocation, to strengthen the community-driven decentralization concept.
2⃣Incentive mechanism: $BIO tokens are used to reward users who contribute data, technology or funds to the platform. Scientists and patients can get incentives by sharing data, thereby promoting research collaboration and data openness.
3⃣Transaction purpose: $BIO tokens can be used within the platform for research funding, data transactions and discount payments for health products and services.
4⃣Project screening and resource allocation: The community votes and screens by staking $BIO tokens to decide which scientific projects can be funded and supported.
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