🎁 Ace quick missions & earn crypto rewards while gaining real-world Web3 skills. JOIN NOW! 🔥

Bio Protocol Raises $6.9 Million to Reinvent Biotech With AI and Crypto

Key Takeaways

  • Bio Protocol raised $6.9 million to speed up drug discovery by merging AI, crypto, and community-backed research models;
  • Investors like Maelstrom and Animoca support Bio Protocol’s plan to create a new science market powered by blockchain and AI;
  • The platform uses AI agents, token rewards, and on-chain records to fund, track, and align biotech research with public involvement.​

Don't miss out - BYDFi new user bonus is now LIVE! Join BYDFi & unlock up to $2,000 in rewards. Claim Bonus! 🎁

Bio Protocol Raises $6.9 Million to Reinvent Biotech With AI and Crypto

Bio Protocol, a decentralized science startup, has received $6.9 million in new investment to develop its artificial intelligence (AI) biotech research model.

Supporters include Maelstrom Fund and Animoca Brands, two groups known for backing tech-focused ventures.

Rather than following traditional academic or pharmaceutical routes, Bio Protocol is building a system that integrates AI tools, crypto infrastructure, and community participation. The goal is to speed up the research process, especially in areas like drug discovery.

What is an Automated Market Maker in Crypto? (Animated)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

Arthur Hayes, founder of Maelstrom Fund, sees Bio Protocol as more than just another research tool. He said the platform could lead to an entirely new kind of science marketplace.

At the center of Bio Protocol’s approach are "BioAgents", automated tools that use AI to suggest experiments and manage on-chain activity. These agents can help raise funds directly from supporters, which allows researchers to begin projects without the lengthy wait for academic grants or industry partnerships.

All activities on the platform will be recorded on a blockchain to create a clear and permanent trail of who contributed what.

Additionally, the platform uses token-based systems. These include digital ownership of research, reward mechanisms for loyalty, and staking systems that align the goals of scientists, backers, and supporters.

Meanwhile, Helius Medical Technologies recently announced plans to build $500 million reserve of Solana. What did the company say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

Loading...
binance
×
Verified

CLAIM $100 BONUS

Changelly Welcome Reward
Rating
5.0