DeSci DAO Curation: How BIO Curates the Best Onchain Biotech & Science
We recently published a summary of the BIO protocol vision and how we’re building a new financial layer for DeSci to increase the flow of capital and talent into onchain science. In the post, we outlined the protocol’s goals and core operations, starting with curation.
Curation is how the BIO community selects biotech DAOs (bioDAOs) to be accepted into the BIO network. BioDAOs voted into the network receive funding via the BIO Launchpad, as well as token liquidity support, token incentives and other acceleration services from the community.
BIO token holders curate which bioDAOs are accepted into the BIO network by staking BIO tokens on bioDAOs they want accepted. If a DAO you've staked to is ultimately voted in by the community, you stand to earn BIO token rewards as well as early access to the DAO's token funding round and subsequent IP asset funding rounds conducted by the DAO.
Let’s take a deeper look:
A Y Combinator for DeSci
BIO was built with DNA from Y Combinator, the Silicon Valley-based technology startup accelerator responsible for the early growth of game-changing companies like Coinbase, Reddit, Airbnb, and Twitch.
The key difference is that we bring the accelerator model specifically to biotech and onchain, where decentralized governance, funding, and liquidity can happen with more transparency and less friction compared to traditional biotech funding and development models.
For biotech, these innovative open frameworks de-risk traditional science funding, especially in the early stages of new and emerging scientific fields, resulting in progress across real-world applications.
How BIO curation works
BIO token holders can vote on which bioDAO teams are accepted in our ecosystem, unlocking support from the BIO community via funding, liquidity, rewards, and other onchain tools to help accelerate the scientific causes and communities they are most bullish on.
Holders simply stake their BIO tokens (more BIO tokens = more voting power) on the bioDAOs they want to be accepted into the ecosystem.
If the DAOs they’ve staked to are voted in, they get rewarded with BIO tokens as well as early, allowlisted access to funding rounds and the DAO’s forthcoming products and services. The more they originally staked to the bioDAO, the greater the user’s pro-rata share of the bioDAO’s funding rounds. Only users who have staked to the bioDAO get early access to the DAO’s funding rounds.
To start, we plan to pilot BIO’s curation process via an incentivized testnet, where current BIO holders can get a feel for the user flow and the protocol in advance of eventually staking their tokens on bioDAOs on Mainnet.
Why curation matters to BIO
Our protocol is designed to catalyze an onchain economy of scientific communities (bioDAOs) and create deep, liquid markets around their scientific IP. This requires BIO community members (BIO holders) to have their voices heard and their participation recognized.
Without ongoing curation, the machine can’t function to its full potential or leverage the wisdom of the crowd to onboard the best onchain science. For that to happen, we need your participation. Together, we can give innovative scientific research and development the best chance to make it to market.
For you, this means priority access to early-stage science, which could be the next big thing in biotech, without having to break through the gates of traditional scientific industry and the individual capital contribution often required to join.
And who doesn’t want to be early?
Click the links below to get involved — the Y-Combinator of DeSci awaits.
- Sign up for updates on BIO
- Follow us on X
- Join us on Discord
- Claim the BIO airdrop
