What Is BIO Protocol (BIO)?
BIO Protocol is a blockchain-based platform designed to innovate how biotechnology is funded, developed, and owned. It operates within the Decentralized Science (DeSci) ecosystem, enabling communities of scientists, patients, and biotech professionals to collaboratively fund and manage tokenized biotech projects and intellectual property (IP). By leveraging blockchain technology and decentralized autonomous organizations (DAOs), BIO Protocol aims to make biotech innovation more inclusive and transparent, bridging gaps in traditional funding models.
How BIO Protocol Works
BIO Protocol supports biotech innovation through decentralized funding, tokenized intellectual property, and community-driven governance. BioDAOs—decentralized organizations focused on specific research areas—pool resources to fund and develop biotech projects, creating shared ownership of the resulting IP. The BIO Launchpad helps BioDAOs through curation (community voting), acceleration (fundraising via auctions or bonding curves), and separation (market entry with liquidity support). Intellectual Property Tokens (IPTs) further democratize biotech ownership by enabling fractional governance rights over scientific breakthroughs.
Who Are the Founders of BIO Protocol?
BIO Protocol was co-founded by Paul Kohlhaas, a blockchain innovator with a background in decentralized science. Kohlhaas also co-founded Molecule, a platform for tokenizing biomedicine projects, and VitaDAO, focused on longevity research.
How Many BIO Protocol (BIO) Tokens Are in Circulation?
BIO is the native governance token of the BIO protocol. With a total supply of 3,320,000,000 tokens, it serves multiple purposes within the BIO Protocol ecosystem
Is BIO Protocol a Good Investment?
As BIO Protocol has not launched its token yet, its investment potential is speculative. Factors like its focus on decentralized biotech, token utility, and community-driven governance could appeal to investors, but risks include market volatility and adoption challenges. Research thoroughly before considering involvement.
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Simple 3-step guide to buying BIO today in Switzerland
Create your free Bitget account
Select a funding method
Complete your BIO Protocol purchase
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Step 2: Place an order for BIO Protocol using a payment method of your choice:
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For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your BIO Protocol order.
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Converting your Google Pay and Apple Pay balance into BIO Protocol is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your BIO Protocol order.How to buy crypto via third-party gatewayBuy with bank transfer
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You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your BIO Protocol order.P2P trading
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