Bondex, the web3 platform known for its BDXN token-powered professional network, has successfully raised over $10 million in its recent investment rounds. The funding was led by notable venture capital firms Animoca Brands and MorningStar Ventures, alongside cryptocurrency launchpad CoinList.

Bondex Banner Art

What is Bondex?

Since its establishment in August 2021, Bondex has steadily garnered support from investors, previously raising $4 million with backing from Animoca Brands, MorningStar Ventures, Dext Force Ventures, and iAngels. The platform further bolstered its financial standing through a community sale on CoinList earlier this year, which raised $6.5 million and attracted 20,000 participants.

CEO Ignacio Palomera highlighted the strategic use of funds to strengthen Bondex’s integration within both web3 and web2 ecosystems. "Our goal is to revolutionize traditional recruitment platforms by leveraging blockchain," said Palomera. Bondex introduces a gamified approach where users are incentivized directly for their contributions, moving away from conventional intermediary-driven models.

Bondex Secures $10 Million for Web3 Networking Platform

Earn Rewards for Referrals

Bondex facilitates a unique recruitment process where users can earn rewards up to $10,000 for successful referrals, effectively turning 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, praised Bondex’s innovative approach to recruitment. "Bondex is pioneering the integration of blockchain and referral incentives to transform the recruitment landscape," Siu remarked, emphasizing Animoca Brands’ commitment to supporting such innovations.

Bondex and Animoca Brands

Over 4 Million App Downloads

The platform has already attracted prominent recruiting partners such as Binance, Blockchain.com, and Chainlink, underscoring 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, further cementing its position in the market.

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 efforts," Carlucci noted, reflecting MorningStar Ventures’ enthusiasm for supporting innovative business models.

Bondex’s latest funding milestone signifies a significant step forward in its mission to reshape 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 with a large portfolio of over 400 investments in web3 projects, with the mission to advance digital property rights and contribute to building the "open metaverse".

Animoca Brands Portfolio

The company and its various subsidiaries develop and publish web3, crypto and blockchain games, traditional games, and other products, many of which are based on popular global brands including The Walking Dead, Power Rangers, MotoGP™, and Formula E. Other gaming projects in their portfolio include bitcoin metaverse studio Darewise Entertainment (building Life Beyond), on-chain chess game Anichess, and more.

Yat Siu, co-founder and executive chairman of Animoca Brands, says: "One of Animoca Brands’ core philosophies has always been to support and empower mission-aligned builders who believe in the vision of web3 and the open metaverse to usher in digital property rights for all." You can learn more about Animoca Brands and everything they are working on here.