Web3 platform raises $10M to innovate recruitment with token rewards

Abdulafeez Olaitan
1 Min Read

Bondex, a Web3 platform and competitor to LinkedIn, has secured more than $10 million in its latest funding round. 

With $4 million invested by Animoca Brands, Morningstar, Dext Force Ventures, and iAngels and an additional $6.5 million raised through a community sale on CoinList in March 2024, Bondex is poised to challenge traditional professional networking sites.

Bondex stands out with its gamified platform powered by the BDXN token, offering unique features such as referral bounties. 

Users can earn up to $10,000 in USD or token rewards for successful hires, turning members into extended recruitment agents. 

This approach aims to transform the recruitment process within the professional networking space.

CEO and founder Ignacio Palomera plans to use the new funding to enhance the platform and attract more users. 

Major industry players like Binance, Blockchain.com, Chainlink, CoinMarketCap, and Ankr have already partnered with Bondex to strengthen its recruitment capabilities.

“Bondex is changing the game for future recruitment through Web3,” said Animoca Brands co-founder and Executive Chairman Yat Siu.

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Abdulafeez Olaitan is a communication specialist with quality experience in digital media as a writer, journalist and editor. He has been nominated for the Rhysling Award, Pushcart Prize and Best of the Net Award. Contact: Abdulafeez.Olaitan [at] news.ng