DeSci Breakers: The Ecology, Tokens, and Future Expectations of Bio Protocol ($BIO)

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远山洞见2025/01/06 06:24

By:远山洞见

I. Project introduction

Bio Protocol is a management and liquidity protocol focused on the decentralized science (DeSci) field, dedicated to accelerating scientific research and biotechnology innovation through decentralized funding, technology frameworks, and incentive mechanisms. It provides funding support of up to 100,000 USDC for each BioDAO in the ecosystem, and project teams need to achieve full process progress from concept to achievement within 18 weeks, and ensure that research and development goals are achieved as planned by unlocking funds in stages. The platform not only simplifies the research funding process, but also builds a direct bridge for global scientists and patients to participate.

As another masterpiece of the Molecular and VitaDAO teams, Bio Protocol adheres to the positioning of "Y Combinator for On-Chain Science", deeply combining blockchain technology with scientific research to help communities raise and manage funds, while achieving tokenized transactions of intellectual property (IP). The team has successfully promoted the tokenization of early biomedical projects and created the largest decentralized community for longevity research, VitaDAO, laying a solid foundation for the future development of Bio Protocol.

The ecosystem of Bio Protocol covers a wide range of research fields, including longevity science, women's health, synthetic biology, cryogenic medicine, etc. Its core mechanism is to organize various scientific research projects in the form of BioDAO, use blockchain technology to give liquidity to intellectual property, and provide collaboration opportunities for global participants. This decentralized model not only solves the problem of uneven distribution of traditional scientific research funds, but also creates an efficient ecological environment for scientific innovation.

DeSci Breakers: The Ecology, Tokens, and Future Expectations of Bio Protocol ($BIO) image 0

II. Project highlights

1. The breaker of decentralized science

Bio Protocol fundamentally reshapes the traditional model of scientific research funding, deeply embedding blockchain technology into the scientific research process. Through the DAO model, it not only provides start-up funds of up to 100,000 USDC for scientific research projects, but also perfectly combines community collaboration, transparent governance, and goal orientation to help projects quickly achieve a leap from concept to implementation.

2. An innovation ecosystem that spans multiple fields

Bio Protocol's ecosystem covers cutting-edge fields such as longevity science, women's health, brain health, and cryogenic medicine. Each BioDAO embodies resources and wisdom from top universities, research institutions, and industry giants. Whether it is deep cooperation with Oxford University or groundbreaking biotechnology projects, it demonstrates strong cross-disciplinary collaboration capabilities.

3. Tokenization revolution empowering scientific research

Through the innovative IP Token model, Bio Protocol converts scientific research results into tradable tokenized assets, making the value of scientific research truly liquid. Users holding IP Tokens can not only participate in the decision-making of research directions, but also have priority access to the world's most cutting-edge technological achievements. It is not only a new attempt at scientific research monetization, but also a subversion of the traditional scientific research value system.

4. Inspire first, unleash ecological potential

Bio Protocol has carefully designed an Incentive Mechanism to fully mobilize the power of the community. Whether it is selecting high-potential projects through community voting or awarding BIO tokens to early contributors, every participant becomes a promoter of ecological growth, truly achieving a win-win situation between scientific research and the community.

5. Strong team background and industry recognition

Backed by the core team that successfully built Molecular and VitaDAO, Bio Protocol has unparalleled industry experience and resource network. From early biomedical project tokenization to building the world's largest longevity science community, their achievements are evident. Coupled with the investment support of institutions such as Binance Labs, Bio Protocol has become an indispensable banner in the DeSci track.

III. Market value expectations

Currently, Bio Protocol has attracted a lot of attention with its innovative model and ecological layout in the DeSci track. Its core mechanism - tokenizing scientific research results through blockchain, as well as funding support for BioDAO, has promoted the transparency and efficiency of scientific research. This unique ecological positioning has enabled BIO to occupy an important position in the market.

The current unit price of BIO Protocol is 0.727515 USD, with a circulating market value of about 943 million USD and a fully diluted market value of about 2.415 billion USD. The circulating volume is 1.297 billion BIO, and the total supply is 3.32 billion BIO. We conduct benchmarking analysis on BIO from the perspectives of DeSci and DeFi to explore its potential market performance and market value space.

Benchmarking project

DeSci domain

1. DAO collective that funds longevity research: VitaDAO ($VITA)

Unit price: $5.94

Market capitalization: 154 million USD

Fully diluted market cap: $162 million

Circulation: 25.96 million VITA

Total supply: 27.22 million VITA

2. DeSci AI agent: Yesnoerror ($YNE)

Unit price: 0.0494 USD

Market capitalization: 49 million USD

Fully diluted market cap: $49 million

Circulation: 999 million YNE

Total supply: 999 million YNE

DeFi field

3. High-performance L1 platform: Hyperliquid ($HYPE)

Unit price: $24.52

Market capitalization: 8.188 billion USD

Fully diluted market cap: $24.52 billion

Circulation: 334 million pieces of HYPE

Total Supply: 1 billion HYPE

Market value comparison with expectations

Benchmarking with VitaDAO ($VITA)

If the circulating market value of BIO drops to the level of VITA (154 million USD), the unit price of BIO will drop to 0.118 USD, a decrease of about 83.8%.

Benchmarking with Yesnoerror ($YNE)

If the circulating market value of BIO drops to the level of YNE (49 million USD), the unit price of BIO will drop to 0.038 USD, a decrease of about 94.7%.

Benchmarking with HyperLiquid ($HYPE)

If the circulating market value of BIO rises to the level of HYPE (8.188 billion USD), the unit price of BIO will rise to 6.31 USD, an increase of about 767.5%.

IV. Token Economics

The total supply of BIO tokens is 3,320,000,000, and its distribution structure reflects the principles of community priority and ecological collaboration.

Community: 56%

Including community auctions (20%), community airdrops (6%), and ecosystem incentives (25%), providing impetus for the long-term development of decentralized communities.

Core team and supporters:

Core contributors: 21.2%

Consultants: 4.2%

Molecular team: 5%

Investors: 13.6%

Molecular Ecology Fund: 5%

This allocation ensures the sustainability of ecological incentives while supporting the participation and contribution of teams and early investors.

Token practical use cases

BIO is a multi-functional token that integrates governance and practical functions. It has multiple core application scenarios in protocols and ecosystems.

Governance and decision

BIO holders can participate in protocol governance through token staking, including planning which BioDAOs to join the network, BioDAO token sales terms, and fund allocation plans.

Ecologically empowered

Holders can enjoy discounts on health products and services provided by BioDAO, and deeply participate in BioDAO's internal governance to shape the future of the ecosystem.

Protocol function upgrade

BIO tokens play an important role in the functional upgrade and quota of the protocol, ensuring the dynamic adjustment and continuous optimization of the ecosystem.

Tokenized intellectual property transactions

Support BioDAO to promote the monetization of scientific research results through IP token sales, providing community members with opportunities to participate in and invest in high-potential projects.

BIOS Treasury mechanism

BIO Treasury is the fund and asset management center of the agreement, supporting the long-term development of the ecosystem through the following three functions:

BioDAO token holdings

During the incubation process, each BioDAO will receive $100,000 in funding through the BIO Network and exchange 6.9% of the BioDAO token supply. These tokens are stored in the BIO treasury and their asset size (AUM) continues to grow as the ecosystem expands.

Scientific Intellectual Property (IP) Asset Management

The Treasury will also accumulate BioDAO's scientific IP assets, including intellectual property achievements such as patents and new compounds, which provide strong long-term appreciation potential for the agreement.

Protocol Self-Liquidity (POL)

BIO Treasury establishes its own liquidity through BIO tokens, BioDAO tokens, IP tokens, and on-chain assets (such as ETH). The POL mechanism provides sustainable returns for the protocol while enhancing liquidity and risk resistance within the ecosystem.

BIO Protocol provides funding support and governance tools for the DeSci community through meticulous token allocation and innovative treasury design. Its token economy model not only achieves efficient allocation of scientific research resources, but also pushes tokenized scientific research results to the market, making it truly the flagship protocol in the DeSci field.

V. Team and financing

Team Info

Bio Protocol is led by an experienced cross-disciplinary team, with core members including:

Paul Kohlhaas: Founder, has long been committed to the field of decentralized science.

Tyler Golato: Co-Sponsor, an important driving force behind Molecules.

Clemens Ortlepp: Co-founder and Chief Product Officer, responsible for product design and optimization.

James Sinka: Scientific Director, responsible for scientific research and project management.

Jose Pinto: Legal advisor, providing legal compliance support for the platform.

Jaeyawat: Asia-Pacific ecosystem developer, focusing on expanding into the Asian market.

Leonard Boltz: Core contributor, important member of technical research and development.

Nate Hindman: Head of Growth, responsible for user growth and market expansion of the protocol.

Financing information

November 14, 2024: Completed a $4.74 million financing round.

November 8, 2024: Strategic financing, with support from Binance Labs.

August 20, 2024: Completed a $6.22 million financing round.

The financing process of the project highlights its industry recognition in the DeSci track, especially the strategic support of Binance Labs, which further consolidates its leading position in the track.

VI. Risk Warning

1. Bio Protocol uses blockchain to achieve transparency in fund management and scientific research projects, but the performance of blockchain (such as transaction speed and scalability) may constrain the management of complex scientific research processes. If the on-chain function is insufficient or the smart contract vulnerability causes project management errors, it may have a negative impact on scientific research progress and community trust.

2. The core value of Bio Protocol is to promote the monetization of scientific research results through tokenization, but many scientific research projects (especially longevity science and synthetic biology) require long-term experimental verification, and their monetization process may encounter technical bottlenecks or insufficient market acceptance, affecting investment returns.

VII. Official link

Website：https://www.bio.xyz/

Twitter：https://x.com/bioprotocol

Telegram：https://t.me/bio_protocol

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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