BIO Protocol (BIO)

Governance

BIO Protocol token holders can vote on decisions across many biotech DAOs and intellectual property assets, helping guide the direction of decentralized science projects.

Funding

It enables decentralized funding for scientific research by allowing users to support specific scientific missions or individual IP assets, accelerating biotech innovation.

Liquidity

BIO Protocol creates easy-to-access liquid markets for scientific assets, allowing seamless exchange and on/off-ramps within the BIO ecosystem.

Ecosystem Support

The protocol supports a network of user-owned research communities (BioDAOs) focused on specialized therapeutic areas, helping coordinate and commercialize early-stage science globally.

For more details, visit bio.xyz.

Pros

• BIO Protocol enables decentralized funding, governance, and commercialization of scientific research, especially in biotech, making it easier to support early-stage science globally.
• It uses tokenization to allow anyone to fund, develop, and govern scientific intellectual property (IP) from universities and researchers.
• The native BIO token grants voting power in biotech DAOs (BioDAOs) and access to early-stage IP token sales.
• The protocol creates liquidity and on/off-ramps for seamless exchange within its ecosystem.
• Backed by notable biotech and crypto players, it supports a growing network of specialized research communities.
• It fosters collaboration among scientists, patients, and investors, accelerating innovation in areas like longevity, rare diseases, and synthetic biology.
• The platform is expanding to multiple blockchains (Ethereum and Solana), improving accessibility and lowering transaction costs.

Cons

• BIO Protocol’s market cap and trading volume are relatively modest compared to larger cryptocurrencies, which may affect liquidity.
• The token price has experienced volatility and downward trends at times, reflecting typical crypto market fluctuations.
• As a specialized DeSci project, it may have a narrower audience and use case compared to more general-purpose tokens.
• Some community discussions mention limited audits or security reviews, which might be a consideration for some users.
• The ecosystem is still growing, so adoption and network effects are in early stages compared to established crypto projects.

For more details, visit the official site: https://www.bio.xyz/

Founders of BIO Protocol

The founders of BIO Protocol are:

• Vincent Weisser – AI and Research
• Beata Baranowska – Operations
• Schmackofant – Technology (IP-Tokens)
• Jesse Hudson – Regulatory

More details can be found on their official website: https://www.bio.xyz/

Investors in BIO Protocol

BIO Protocol is backed by top crypto and biotech players. Notable investors include:

• Pfizer Ventures: Participated in a $4.1 million funding round supporting VitaDAO, a key part of the BIO ecosystem.
• Binance Labs: Made its first DeSci investment in BIO Protocol in November 2024.
• BIO Genesis: Raised over $33 million in late 2024 to support the protocol's growth.

These investors help drive funding and innovation in decentralized science through BIO Protocol.

For more details, visit https://www.bio.xyz/.

Halal Status of BIO Protocol

• Yes or No: There is no direct, official halal certification or clear ruling publicly available specifically for BIO Protocol.
• Reason: Halal compliance often depends on the nature of the token's use, its underlying business, and whether it involves any prohibited activities under Islamic law. BIO Protocol is a decentralized biotech platform focused on scientific research funding and drug development, which does not inherently conflict with halal principles. However, without explicit halal certification or a formal Islamic finance ruling, a definitive yes or no cannot be confirmed.

For more details, you can visit the official BIO Protocol website: https://www.bio.xyz/.