Blockchair's logo

Binance Labs Enters DeSci Space with BIO Protocol Investment Beincrypto 09 Nov 2024

Binance Labs Enters DeSci Space with BIO Protocol Investment 🧬

Bio Protocol Brian Armstrong VitaDAO Binance Coinbase

Binance Labs has made its inaugural investment in the decentralized science (DeSci) sector through funding BIO Protocol, aiming to revolutionize scientific funding and development with blockchain technology.

BIO Protocol, likened to a blockchain-based Y Combinator, empowers scientists, patients, and investors to collaborate in funding, developing, and owning scientific projects, offering a decentralized alternative to traditional systems.

This backing emphasizes not just financial support but empowerment to address significant scientific challenges, expanding the ecosystem and introducing innovations like quantum microscopes.

Beyond Binance, interest in DeSci includes ventures like Brian Armstrong's ResearchHub and a16z's investment in AminoChain, highlighting a growing trend towards decentralized science funding.

Source: beincrypto.com ↗

Similar articles (7)

Binance Labs makes first foray into DeSci sector with investment in BIO Protocol The Block 08 Nov 2024
Binance Labs makes first foray into DeSci sector with investment in BIO Protocol
Binance Labs ventures into DeSci with BIO Protocol investment Cointelegraph 08 Nov 2024
Binance Labs ventures into DeSci with BIO Protocol investment
BREAKING: Binance Labs Announces New Cryptocurrency Project Invested in as the Market Rises Bitcoinsistemi 11 Nov 2024
BREAKING: Binance Labs Announces New Cryptocurrency Project Invested in as the Market Rises
JUST IN! Binance Labs Announced Its New Investment Project! It Was Its First Investment For This Sector! Bitcoinsistemi 08 Nov 2024
JUST IN! Binance Labs Announced Its New Investment Project! It Was Its First Investment For This Sector!
Binance Takes Substantial Bet on Decentralized Science With Strategic Investment in BIO Protocol Bitcoin.com 09 Nov 2024
Binance Takes Substantial Bet on Decentralized Science With Strategic Investment in BIO Protocol
BIO Protocol, DeSci sector, invested by Binance Labs Coincu 08 Nov 2024
BIO Protocol, DeSci sector, invested by Binance Labs
Binance Invests in BIO Protocol for Biotechnology Bitcoinhaber 08 Nov 2024
Binance Invests in BIO Protocol for Biotechnology

Trending topics

Digest

Daily Weekly
Watch XRP Soar: Targeting $5 with Strong Technical Signals! Cointurk 22 hours ago
Watch XRP Soar: Targeting $5 with Strong Technical Signals!
Solana (SOL) Gearing Up? Key Levels Suggest Potential Surge To $264 Bitcoinist 14 hours ago
Solana (SOL) Gearing Up? Key Levels Suggest Potential Surge To $264
Bitcoin Breaking $117,000 Could Trigger Parabolic Rally – Analyst Newsbtc 21 hours ago
Bitcoin Breaking $117,000 Could Trigger Parabolic Rally – Analyst
Javier Milei risks impeachment after endorsing $107M Libra rug pull Cointelegraph 2 hours ago
Javier Milei risks impeachment after endorsing $107M Libra rug pull
An AI Coin on the Rise – Could It Overtake Avalanche and XRP by 2025? TheNewsCrypto 15 hours ago
An AI Coin on the Rise – Could It Overtake Avalanche and XRP by 2025? Explore daily digest
Solana Tumbles to $194 – Is the ‘Ethereum Killer’ Dying? Cryptonews 5 days ago
Solana Tumbles to $194 – Is the ‘Ethereum Killer’ Dying?
Bitcoin price sells off after hot CPI print, but $100K remains in sight Cointelegraph 3 days ago
Bitcoin price sells off after hot CPI print, but $100K remains in sight
The Next Crypto Explosion? OFFICIALMAGACOIN.COM, XRP, and SOLANA Are Taking the Spotlight! Bitcoinsistemi 1 hour ago
The Next Crypto Explosion? OFFICIALMAGACOIN.COM, XRP, and SOLANA Are Taking the Spotlight!
Court Grants 60-Day Pause in Binance, SEC Dispute Decrypt 2 days ago
Court Grants 60-Day Pause in Binance, SEC Dispute
An AI Coin on the Rise – Could It Overtake Avalanche and XRP by 2025? TheNewsCrypto 15 hours ago
An AI Coin on the Rise – Could It Overtake Avalanche and XRP by 2025? Explore weekly digest