- Bondex claims to have raised more than $10 million and markets itself as a web3 substitute for LinkedIn that pays users in cryptocurrency.
- Animoca Brands, Morningstar, Dext Force Ventures, and iAngels are among the investors.
Bondex, positioning itself as a potential web3 competitor to LinkedIn, declared that it had raised over $10 million.
In addition to approximately $6.5 million from a community sale on CoinList in March 2024, the business indicated that the financing comes from over $4 million in funding led by Animoca Brands, Morningstar, Dext Force Ventures, iAngels, and more.
Bondex is a professional social networking site that aspires to be a gamified version of LinkedIn, a platform most recognized for offering a digital environment where employers, recruiters, and job seekers meet. According to the company, the BDXN token powers the Bondex platform.
According to a statement from the company, the app offers referral bonuses to members on the network, enabling them to serve as extended recruitment arms for hiring companies. On the Bondex platform, referrers can earn up to $10,000 in U.S. dollars or token-gated referral rewards for recruiters who successfully place candidates.
The majority of the funds acquired by Bondex, according to its founder and CEO Ignacio Palomera, will be utilized to enhance the platform in an effort to challenge established professional networking sites.
According to Bondex, recruiting partners Binance, Blockchain.com, Chainlink, CoinMarketCap, and Ankr have all been added.
Yat Siu, the executive chairman and co-founder of Animoca Brands, stated in the release that Bondex is revolutionizing the recruitment landscape for Web-3 in the future.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
