Bondex Secures $10 Million for Web3 Networking Platform

Bondex Secures $10 Million for Web3 Networking Platform

Bondex, the pioneering web3 platform renowned for its BDXN token-powered professional network, has successfully raised over $10 million in its recent investment rounds. Leading the funding were prominent venture capital firms Animoca Brands and MorningStar Ventures, along with cryptocurrency launchpad CoinList.

Bondex Banner Art

What is Bondex?

Founded in August 2021, Bondex has garnered significant investor support, having previously raised $4 million from Animoca Brands, MorningStar Ventures, Dext Force Ventures, and iAngels. Earlier this year, the platform bolstered its financial standing with a successful community sale on CoinList, attracting 20,000 participants and raising $6.5 million.

CEO Ignacio Palomera outlined the strategic allocation of funds to deepen Bondex’s integration within both web3 and web2 ecosystems. "Our aim is to revolutionize traditional recruitment platforms through blockchain technology," stated Palomera. Bondex introduces a gamified approach where users are directly incentivized for their contributions, departing from traditional intermediary-driven models.

Earn Rewards for Referrals

Bondex facilitates a unique recruitment process where users can earn rewards of up to $10,000 for successful referrals, effectively transforming them into extended recruitment partners for hiring companies. This approach aims to enhance diversity in hiring pools and streamline the talent acquisition process.

Yat Siu, co-founder of Animoca Brands, commended Bondex’s innovative approach to recruitment. "Bondex is leading the charge in integrating blockchain and referral incentives to reshape the recruitment landscape," Siu remarked, underscoring Animoca Brands’ commitment to supporting transformative innovations.

Bondex and Animoca Brands

Over 4 Million App Downloads

The platform has already attracted notable recruiting partners such as Binance, Blockchain.com, and Chainlink, highlighting its appeal within the industry. With over 4.55 million app downloads and 500,000 daily active users since its inception, Bondex plans to launch its native utility token later this month, solidifying its market position.

Danillo Carlucci, CEO of MorningStar Ventures, emphasized Bondex’s potential to redefine networking dynamics. "Bondex empowers users to engage as employers, recruiters, or talent scouts, rewarding them for their contributions," Carlucci noted, reflecting MorningStar Ventures’ enthusiasm for supporting innovative business models.

Bondex’s latest funding milestone marks a significant stride towards reshaping professional networking and recruitment practices through blockchain technology and incentivized referrals.

More About Animoca Brands

Animoca Brands is a global leader in gamification and blockchain, boasting a portfolio of over 400 investments in web3 projects. The company is dedicated to advancing digital property rights and contributing to the development of the "open metaverse".

Animoca Brands Portfolio

The company and its subsidiaries develop and publish web3, crypto, and blockchain games, along with traditional games and other products, many of which leverage globally recognized brands such as The Walking Dead, Power Rangers, MotoGP™, and Formula E. Among their gaming projects are bitcoin metaverse studio Darewise Entertainment (creator of Life Beyond) and the on-chain chess game Anichess.

Yat Siu, co-founder and executive chairman of Animoca Brands, emphasized their commitment: "Supporting mission-aligned builders who share the vision of web3 and the open metaverse is fundamental to Animoca Brands." Learn more about Animoca Brands and their initiatives [here](link to Animoca Brands website).

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