$BIO
## 1. Project Overview: The "Bioconomy"
Bio Protocol is essentially a liquidity and curation engine for biotechnology. It allows decentralized communities (called BioDAOs) to fund and own intellectual property (IP) for medical breakthroughs.
Key Backing: It is notable for being Binance Labs' first investment in DeSci, following a growing narrative around using blockchain to fix "broken" traditional scientific funding.
The Ecosystem: It includes established sub-projects like VitaDAO (longevity science) and HairDAO (hair loss research), creating a network where BIO acts as the "reserve currency."
## 2. Token Utility & Governance
The BIO token is more than a speculative asset; it is the coordination layer of the protocol:
Curation: Holders stake BIO (becoming veBIO) to vote on which new biotech projects (BioDAOs) get accepted into the ecosystem and receive funding.
Launchpad Access: Stakers get "whitelisted" or priority access to early-stage funding rounds for new BioDAOs, similar to how BNB holders get access to Binance Launchpads.
IP Ownership: It bridges the gap between digital tokens and real-world biotech patents through IP-NFTs.