Introduction

Bio Protocol (BIO) is a decentralized platform designed to enable the creation and funding of BioDAOs (biotechnology Decentralized Autonomous Organizations), which are community-driven networks focused on specific biotechnology fields. It operates on the Ethereum blockchain and uses the $BIO token for governance and to provide access to investment opportunities within the ecosystem.

The platform supports resource distribution, intellectual property (IP) token management, and liquidity layers. It aims to modernize biotechnology research through decentralized, community-led initiatives.

What is BIO Protocol (BIO)?

Bio Protocol (BIO) functions as a decentralized financial layer, channeling capital and talent into biotechnology-focused BioDAOs and tokenized scientific intellectual property (IP). Its main objective is accelerating early-stage scientific research by providing governance, funding, and liquidity via decentralized methods.

BioDAOs are community-based research networks focusing on specific biotechnology domains, including genetic editing, longevity, and rare diseases. These DAOs pool resources from their members, enabling collaborative funding and innovation in biotechnology. These BioDAOs facilitate fractional ownership by tokenizing intellectual property, making IP more accessible within the community.

The BIO token is the native governance asset of the Bio Protocol. BIO token holders vote on which new BioDAOs are integrated into the ecosystem, providing a bottom-up funding approach for scientific funding. The protocol also rewards participants who contribute health data and engage in clinical trials, further incentivizing community involvement.

BIO’s operations encompass curation, funding, liquidity provision, rewards, and meta-governance. Token holders use BIO tokens to vote on which BioDAOs should be included in the platform. Those who vote gain early access to the DAO’s tokens and products, while successful applicants receive funding. The protocol ensures liquidity by utilizing the BIO token and other tokens within the BIO treasury. Additionally, BioDAOS that achieve significant milestones, such as IP commercialization or product launches, are rewarded with BIO tokens, increasing the network’s value.

Bio Protocol’s Main Features

Bio Network and BioDAOs

The BIO Network comprises various BioDAOs, each dedicated to advancing specific scientific disciplines. These decentralized entities operate as community-owned engines for intellectual property creation, focusing on longevity research, women’s health, psychedelic science, synthetic biology, hair loss, and more. 

Each BioDAO within the network functions autonomously, yet collectively contributing to a cohesive ecosystem that accelerates scientific innovation. By leveraging decentralized governance and funding mechanisms, these organizations empower researchers and stakeholders to drive progress in their respective fields collaboratively. 

Integrating BioDAOs into the BIO Network facilitates the creation of liquid, efficient markets for scientific intellectual property. This structure not only democratizes access to research funding but also enhances the commercialization potential of scientific discoveries, thereby fostering a more dynamic and inclusive environment for technological advancement. 

Bio Launchpad and Auctions

The Bio Launchpad serves as a gateway for researchers, innovators, and communities to initiate and grow decentralized initiatives in biotechnology. Designed to support the creation and scaling of BioDAOs, the Launchpad offers an infrastructure that simplifies the process of starting and managing decentralized organizations.

Through the Launchpad, emerging BioDAOs access critical resources, including governance tools, token issuance capabilities, and frameworks for funding their initiatives. This ecosystem empowers creators to focus on advancing scientific research while leveraging a streamlined platform to attract funding and participation from a global audience. The Launchpad also provides mechanisms to ensure project sustainability, from early ideation to scaling and commercialization.

In conjunction with the Launchpad, the Bio Auctions platform offers an innovative marketplace for tokenized intellectual property (IP). This auction-based system enables BioDAOs to secure funding by offering fractionalized ownership of their scientific discoveries and IP assets. Researchers and institutions can present their projects to a diverse audience of investors, enabling competitive bidding for ownership stakes in groundbreaking biotechnological advancements.

The auction model ensures a fair and transparent process, promoting equitable opportunities for contributors and investors. By connecting research entities with backers through decentralized auctions, the platform unlocks new pathways for funding and accelerates the transition from research to real-world application. Investors gain the opportunity to support cutting-edge science while participating in the potential financial upside of IP commercialization.

The Bio Launchpad serves as a bridge that connects researchers and investors, streamlining financial and operational processes while driving the growth of the biotechnology market.

BioDao Incubator

Focused on empowering scientific communities, the incubator offers a structured pathway to help projects transition from early-stage concepts to fully operational BioDAOs. Participants benefit from tailored support, including governance design, tokenomics planning, community-building strategies, and fundraising techniques. By addressing these core elements, the program ensures that each BioDAO is equipped to address real-world challenges while fostering sustainable growth.

Through the mentorship network, participants gain access to a curated roster of experts across fields such as biotechnology, decentralized finance (DeFi), intellectual property management, and more. This mentorship bridges the gap between traditional scientific expertise and decentralized operational frameworks, enabling project teams to confidently navigate complexities.

Through milestone-based progress tracking, BioDAOs in the incubator can align their objectives with measurable outcomes, ensuring that resources are utilized efficiently. Additionally, the incubator facilitates connections to strategic funding opportunities, including access to the Bio Launchpad and token auctions, creating a direct pathway to secure capital.

BIO Protocol’s Technical Architecture

The Bio Protocol is a decentralized science (DeSci) platform integrating blockchain technology with biotechnology research. Its technical infrastructure is built to facilitate the funding, development, and sharing of intellectual property (IP) via a decentralized autonomous organization (DAO) model.

The platform operates as the financial layer for DeSci, aiming to drive the flow of capital and talent into on-chain science. It seeks to establish an effective, liquid market for scientific IP, allowing BioDAOs to create and commercialize research findings.

The technical architecture of the BIO Protocol consists of five primary functions:

Curation (BIO Staking)

This component allows stakeholders to signal their support for specific BioDAOs by staking BIO tokens. Staking serves as a mechanism for curating and prioritizing research projects within the ecosystem.

Funding

The protocol streamlines the process of raising funds for scientific research by utilizing blockchain technology. This decentralized funding method ensures a more equitable distribution of resources, particularly in underfunded areas such as rare disease research and longevity studies.

Intellectual Property (IP) Tokenization

BIO Protocol enables the tokenization of scientific intellectual property, allowing for fractional ownership and simplified transferability. This tokenization mechanism fosters investment and collaboration, facilitating the commercialization of research results.

Governance

The platform uses a DAO-based governance model, which empowers BIO token holders to participate directly in decision-making processes. This structure ensures the community can influence the platform’s direction and priorities.

Data Sharing and Collaboration

BIO Protocol promotes secure data sharing and collaboration among researchers. By leveraging the transparency and immutability of blockchain technology, the platform ensures the integrity of the data while encouraging open scientific communication.

BIO Protocol’s architecture is built to create a decentralized and efficient ecosystem where biotechnology research can thrive without traditional funding barriers. By providing a decentralized structure for governance and funding, the protocol is positioning itself to reshape how the biotechnology field operates and is financed.

What is the BIO Token?

Designed to align incentives across the community, it is essential for driving engagement, collaboration, and decentralized governance in biotechnology-driven projects and initiatives.

The BIO Token powers the BioConomy, a decentralized economy dedicated to advancing scientific innovation. It facilitates ecosystem activities, including funding groundbreaking research, curating and supporting projects, and providing liquidity for tokenized intellectual property. By leveraging blockchain technology, the BIO Token ensures transparency, security, and inclusivity throughout the ecosystem’s operations.

Total Supply and Allocation

The BIO Token has a fixed total supply of 3,320,000,000 tokens, distributed strategically to support the platform’s long-term goals, ensure sustainability, and promote growth across its ecosystem. Each allocation is carefully designed to balance immediate operational needs with future development, fostering innovation while maintaining a robust and decentralized community.

Allocation Breakdown:

1. Community Auction (20%)
   Tokens distributed through community auctions ensure broad accessibility and help engage supporters while funding the platform.

2. Community Airdrop (6%)
   Airdropped tokens reward early supporters and foster broader participation within the ecosystem, promoting inclusivity and awareness.

3. Ecosystem Incentives (25%)
   This allocation drives growth by incentivizing integrations, partnerships, and the onboarding of BioDAOs, ensuring continuous innovation and expansion.

4. Molecule Ecosystem Fund (5%)
   Dedicated to supporting projects within the Molecule ecosystem, this fund fosters collaboration and strategic advancements across the biotechnology landscape.

5. Early Backers (13.6%)
   Tokens allocated to early backers recognize their contributions to the project’s initial success and provide long-term alignment with the platform’s objectives.

6. Early Contributors (21.2%)
   Rewards for early contributors ensure recognition for their foundational work while aligning their incentives with the ecosystem’s long-term goals.

7. Advisors (4.2%)
   Allocated tokens for advisors reward their strategic input, helping guide the platform toward sustainable growth and innovation.

8. Molecule (5%)
   This allocation supports Molecule’s strategic role in driving adoption and scalability within the Bio Protocol ecosystem.

Vesting Schedules

The vesting schedule for the BIO Token ensures sustainable growth, market stability, and long-term alignment across stakeholders. By gradually releasing tokens over time, the framework prevents market disruptions and promotes a steady development of the Bio Protocol ecosystem.

Key allocations, such as those for early contributors, backers, and advisors, are subject to long-term vesting periods with initial lock-up phases. This approach incentivizes ongoing commitment while minimizing short-term sell-offs. Ecosystem incentives, designed to fund innovation and partnerships, are also distributed progressively, supporting continuous scalability. Community-focused tokens, such as those for auctions and airdrops, follow strategic timelines to promote decentralized ownership and broad participation.

Bio Protocol’s Governance

Governance in BIO Protocol

The BIO Protocol’s governance framework is decentralized, community-led, and built for transparency. It empowers participants to influence key decisions, ensuring alignment with ecosystem goals.

Governance revolves around the vBIO token, a non-transferable governance token earned by locking BIO tokens. This incentivizes long-term commitment and aligns stakeholders with the platform’s future.

How It Works

Proposal Creation and Voting: vBIO holders can submit and vote on proposals, addressing funding allocations, BioDAO approvals, and ecosystem updates.

Delegation: Token holders can delegate vBIO to trusted representatives, enabling participation through experts or community leaders.

On-Chain Transparency: All governance activities are recorded on-chain, ensuring decisions remain accessible and accountable.

Tools and Safeguards

The protocol uses Snapshot Voting for efficient, low-cost decisions and a Governance Timelock to add a buffer before implementing changes, reducing risks.

This governance model ensures the community actively shapes the BIO Protocol’s evolution, balancing inclusivity, accountability, and strategic growth.

Partnership, Investments and Backers

In addition to Binance Labs, BIO Protocol’s supporters include Zee Prime Capital, Boost VC, and Northpond Ventures. In January 2025, BIO Protocol conducted a public sale, raising $64.41 million and achieving a fully diluted valuation of $219.12 million.

Conclusion

Bio Protocol is creating a decentralized platform where communities drive scientific research and funding through BioDAOs. The BIO token serves as the foundation for the platform’s governance and operations, allowing token holders to decide which BioDAOs will be integrated and supported with resources. Strategic token allocation, focusing on the community, auctions, and ecosystem incentives, ensures robust and sustainable growth.