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Cryptocurrency News Articles

Bondex raises $10.5M to build the 'LinkedIn of Web3'

Jun 20, 2024 at 03:39 am

Bondex is building a gamified talent recruitment platform powered by the $BDXN token.

Bondex raises $10.5M to build the 'LinkedIn of Web3'

Web3 talent recruitment platform Bondex has closed a $10.5 million funding round to enhance its platform and expand its presence in the Web3 hiring market.

The round, which included $4 million from Animoca Brands, Morningstar, Dext Force Ventures and iAngels, will primarily be used to improve the Bondex platform. A further $6.5 million was raised through a community sale on Coinlist.

Bondex is a gamified talent recruitment platform powered by the $BDXN token. The platform boasts a unique user-driven recruitment model, where users can earn referral bounties for successfully referring new hires to recruiters.

According to the company’s announcement on X, the Bondex platform offers referral bounties of up to $10,000 to users who help connect great talent with recruiters. The platform has already partnered with leading Web3 companies including Binance, Blockchain.com, Chainlink, CoinMarketCap and Ankr.

Animoca Brands co-founder and executive chairman Yat Siu commented on his company’s participation in the fundraising, saying in a statement: “Bondex is changing the game for future recruitment through Web3, enabling blockchain technology and the power of referrals to innovate against legacy platforms out there.”

Founded in August 2021, Bondex has quickly grown to 4.55 million downloads and more than 500,000 daily active users.

“Bondex changes the way we see recruitment and networking, allowing users to be an employer, recruiter, talent, sales agent, or all of those at once and get rewarded for their efforts,” said Danilo S. Carlucci, co-founder and CEO of Morningstar Ventures.

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