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BIO Protocol is a decentralized financial layer for accelerating scientific innovation by enabling the tokenization, funding, and governance of scientific intellectual property (IP). By integrating blockchain with biotechnology, BIO Protocol facilitates the commercialization of cutting-edge research from universities, companies, and independent researchers worldwide. The protocol enables the creation of BioDAOs' community-owned biotech hubs focused on specific therapeutic areas' by providing decentralized funding, liquidity, and governance structures. Through tokenized scientific IP in the form of IP-NFTs and IPTs, BIO Protocol allows stakeholders to participate in IP monetization, licensing, and commercialization. The ecosystem empowers researchers, investors, and biotech pioneers to collaborate in funding and advancing scientific R&D, leveraging DeFi mechanisms for global accessibility. Additionally, BIO Protocol supports biotech-focused DAOs by providing financial backing, mentorship, networking, shared governance, and technical assistance, ensuring the growth and sustainability of decentralized science (DeSci).
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