Hi Tokonauts,
We are excited to announce that Tokocrypto has added a new cryptocurrency asset, Bio Protocol (BIO), to our trading list. This addition aims to expand our services and provide more exciting trading opportunities for all users.
BIO trading with USDT and BNB trading pairs (BIO/USDT & BIO/BNB) will open on January 3, 2025, at 5:00 PM WIB.
About Bio Protocol (BIO)
The BIO token is the core of the BIO ecosystem, designed to support decentralized governance and blockchain-based scientific funding. This token empowers the community to fund and manage scientific intellectual property rights through BioDAO (Decentralized Autonomous Organizations). BIO tokens also facilitate collaboration between researchers and investors in the biotechnology field, creating a more transparent and efficient funding model for cutting-edge research.
The BIO team focuses on decentralized science (DeSci) and comprises experts in various fields such as tokenomics, R&D, legal counsel, product development, and operations. Key members include Paul Kohlhaas (Tokenomics), James Sinka (R&D and Community), and Jose Pinto (Legal Counsel).
Key Features of BIO
- Decentralized Governance: BIO token holders can participate in decision-making in BioDAO, such as determining funding and research direction.
- Easy Collaboration: This token facilitates transactions between researchers, investors, and developers, accelerating the commercialization of early-stage science.
- Incentives for Innovation: BIO tokens can be used for staking, voting, or receiving rewards, encouraging collaboration in the decentralized science (DeSci) community.
Tokenomics
The total supply of BIO tokens is 3.32 billion, with the following distribution:
- 56% for the community (auction, airdrop, ecosystem incentives).
- 13.6% for investors.
- 21.2% for core contributors.
- 4.2% for advisors.
To maintain long-term commitment, the token distribution is regulated with a vesting schedule of up to 6 years. BIO tokens grant voting rights in protocol decision-making, early access to funding, and other benefits within the ecosystem.
Details:
- Bio Protocol (BIO) Website
Note:
- Cryptocurrency is a high-risk investment. Always do your own research before investing.
- This article is for informational purposes only and should not be considered investment advice.
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