Bio Protocol
Seed Round

Bio protocol is a web3 DeSci launchpad for funding and commercializing IP assets of scientists in the biotech sphere. It allows researchers to create their own communities called BioDAOs, tokenize their IP assets, and collect funds to further power their research. $BIO is a native token of the platform enabling users to vote across the platform and BioDAOs, as well as access private BioDAO token sales.

Recently, Binance appeared with its report on the Bio crypto project, hinting at the $1.4M Seed funding round that occurred recently, but not disclosing investors. Nevertheless, our team assumes, Binance Labs has been one of those participants as it is the latest private round of Bio protocol.