Bondex, the crowdsourced recruitment app, is initiating a community sale of its native cryptocurrency, $BDXN, on CoinList, the premiere token launch platform. Since its 2021 debut, Bondex has dramatically surpassed its goals, rocketing past 3 million app downloads and engaging over 700,000 monthly users on its beta app, marking a groundbreaking success in the digital landscape.
The Bondex job portal is a fully gamified professional network platform competing as a Web 3 LinkedIn disruptor leveraging tokenized rewards to drive user engagement and add value. Bondex revolutionizes talent acquisition by unbundling the recruitment value chain and employing gamification. It incentivizes users to leverage their networks for job referrals through bounty rewards, creating a dynamic ecosystem for sourcing and managing talent.
In a recent post, Bondex announced the community sale on CoinList set to start on March 21, 2024, at 17:00 PM UTC. To participate in the community sale, users must submit their purchase request before the March 28 2024, deadline at 17:00 PM UTC.
Bondex recently successfully completed its ‘CoinList Rewards Campaign,’ a program that drew over 75,000 participants to register on the Bondex app. Eligible users are set to receive 2x the $BDXN token rewards for participation in this campaign.
Co-founder and CEO Ignacio Palomera said, “Our token launch sets us in the right direction to continue to build so that more people can unlock the value of recruitment referrals, moving away from judging by just a marketing document on resumes. The debut of the $BDXN token on CoinList is giving limelight to our vision.”
A total of 50,000,000 BDXN tokens, representing 5% of the token supply, have been allocated for the CoinList sale at a price of $0.08. The fully diluted valuation of the token supply is $80M.
The sale will run from March 21, 2024, to March 28, 2024. On March 29, 2024, CoinList will randomly select successful allocations.
Once the tokens are purchased in the sale, 25% will be released after a 75 day lock-up period, with the remaining 75% vesting over 12 months, with; a TGE exchange listing expected to occur on or around June 11, 2024.
Since its launch in 2021, the company has raised over $3 million in funding led by Chainlink, C2 Ventures and more.
The platform currently sees household cryptocurrency names such as Binance, The Graph, Blockchain.com, Fantom, and Crypto Banter utilise its job portals for their recruitment needs. The recruitment and crowdsourcing method has been an industry first for Bondex, which has doubled its candidate pipeline.
The app provides referral bounties of up to $10,000 for successful hires to recruiters, which is one of the many exciting ways for users on the app to leverage their professional network.
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