The DeSci project BIO Protocol recently completed its second round of community token financing and raised over $11.14 million, surpassing its target of $16.2 million. Investors can claim BIO tokens after the second round of financing ends, with 50% available immediately and the other 50% unlocked linearly within one year (vBIO).
Earlier this year, BIO Protocol announced that it had successfully completed its first round of Genesis auction financing, raising over $6.22 million. Binance Labs also recently announced its investment in BIO Protocol, marking its first investment in the DeSci field. BIO Protocol’s goal is to use blockchain technology to change the financing and commercialization of early-stage scientific research.
