Binance, the leading global crypto exchange by trading volume, is rolling out support for a “decentralized science” project’s new native token.
Binance Launchpool, which allows users to stake coins to farm new assets, says its 63rd project will be BIO Protocol (BIO), a decentralized platform aimed at enabling biotechnology through collective finance and tokenization of biotech projects.
says the project,
“BIO is a curation and liquidity protocol for decentralized science (DeSci). Our mission is to advance biotechnology by enabling global communities of patients, scientists and biotech professionals to collectively finance, build and own tokenized biotech projects and intellectual property (IP).
The team behind BIO helped develop Molecule, an early-stage biomedicine tokenization platform, and VitaDAO, the largest decentralized longevity science community.
Building on these successes, BIO aims to advance an on-chain science economy through decentralized financing, incentives and liquidity. The BIO token gives holders access to BIO’s network of scientific communities and intellectual property, enabling broad access to the DeSci economy.”