Bio is a fundraising and governance protocol for decentralized science projects. It allows researchers to create a decentralized community, BioDAOs, focused on research in a specific biotechnology field, collect funds from the Bio protocol community, and produce IP assets. Meanwhile, users are getting access to early-stage scientific startups, receiving a share of the specific IP asset.
It is powered by the native $BIO token, which will be used for participating in governance processes within BioDAOs and Bio protocol, as well as accessing private investing rounds of new BioDAOs.
According to the , the platform managed to raise over in a public Genesis token sale, as well as undisclosed private funding from Binance Labs, 1kx, Boost VC,and Northpond Ventures.
