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Introducing Bondex

Blockchain technology has inspired a revolution that ushered in an entirely new, more effective means of not just carrying out financial transactions but also reshaping the entire spectrum of the economy. The monopoly and financial exclusion created by centralized systems are being disrupted.

The development of palpable applications with new use cases, using distributed ledger technology like blockchain, is expected to unearth new markets, marketing trends, and operating business models –disrupting the dominance of centralized businesses. Centralized businesses like Google, Amazon, Twitter, and Facebook use an aggregator-distributor business model to collect, own, analyze, and monetize user data through targeted advertising, selling products and services. The minimal marginal cost of these operations allows these internet whales to reach the largest pool of target audiences worldwide. This monopolistic system is utilized to garner superlative profits and even control the social discourse and narratives. Interestingly, these aggregator-distributor platforms get the user data for free, make huge profits off it, while having exclusive access and usage rights.

Emerging blockchain and crypto technologies are facilitating decentralized peer-to-peer (P2P) data networking, thereby eliminating the need for central control and diminishing the value of aggregator-distributor platforms. These decentralized networks are proffering new revenue-sharing business models

amongst the global talent and hiring companies by sharing more of the profits the entrenched centralized platform companies currently monopolize.

Bondex is a decentralized fintech-enabled ecosystem utilizing

distributed ledger technologies (DLTs) such as blockchain. Bondex leverages blockchain technology to create a new user ownership model as opposed to a centralized, monopolistic model. Users will be the real stakeholders in the growth and success of the talent ecosystem through tokenized revenue sharing mechanisms. The company will share a portion of its revenue as a financial reward for participating and vesting in the ecosystem.

Covid-19 pandemic has caused a major diversion to an "on-demand" workforce model. Managerial skill sets are much more centered around building teams that will be able to work remotely and in unpredictable circumstances. With the widened skills gaps and resulting talent issues, companies are looking for more ingenious ways to utilize their workforce and be more creative in sourcing the needed talent skills. Surviving through the pandemic has untethered companies to think out of the box, adapt, embrace technology, work with outsiders, and overcome procedural issues. Decentralized P2P talent networks can facilitate collaboration amongst the partners and customers of the enterprise.

Blockchain and Artificial Intelligence (AI) can enhance talent acquisition to the next level for the on-demand workforce model.

Bondex vision is to build a fintech-enabled ecosystem on a global professional talent network utilizing proof-of-stake (PoS) blockchain protocol. Bondex will populate the ecosystem by drip-releasing decentralized applications (dapps), such as peer-to-peer payment solutions, Defi capabilities including lending, borrowing, staking features, educational resources; workflow management, and many more, enabling seamless global employee

integration post recruitment and unlocking economic value for both individuals and corporate users.

Bondex is a fintech-enabled global talent ecosystem and professional network deployed on Dfinity. The aim is geared towards enabling mass adoption of cryptocurrency by offering easy on/off ramp bank accounts with debit cards.

The first utility to be released on top of the talent network built through the Bondex origin App will be the Bondex Professional Network, a multi-faceted P2P platform.

Participants will build their professional profiles, upload their resumes, highlight their skills, network with other users, and connect with businesses. Users will set networking filters, share blogs, reports, posts, and a lot more to control their visibility on the platform.

Bondex network provides companies access to a global talent pool to fulfill their skill requirements. Bondex’s algorithm can streamline the recruitment process through real-time automation of filtering, assessing, and matching job openings with candidates from diverse global talent pools

The Bondex professional talent network will have three types of participants:

• Individual users who build their profiles and network on the platform.

• Organizations that join the network to acquire talent.

• Advertisers who want a more qualified target audience.

Additional Perks on Talent Network

•Bondex users will be stakeholders in the growth and success of the talent ecosystem through tokenized revenue sharing mechanisms. These tokenized mechanisms create powerful incentives for the participants to engage in the network, increasing revenue, and profitability for Bondex.

• Streamline the talent acquisition process by cost-effectively providing a vetted quality pool of global talent to employers.

• Embedded AI and ML technologies improve the matching quality of the talent with the jobs, making the recruitment process much more efficient.

• A decentralized network disintermediating the middleman can deliver significant cost savings for both employers and job seekers.

• Bondex fintech-enabled network with payment rail and DeFi capabilities eliminate payment friction, enable superior user experience via smooth cross-border payments, build liquidity, and scale quickly.

Dfinity (Internet computer protocol) is a blockchain that provides seamless, limitless capacity for hosting smart contracts and their data. It runs on web speed without any limitations and can host a broad range of systems and services. ICP creates the world’s first web speed, web serving public blockchain network which can grow its capacity with demand and its self-governing.

It combines special node machines on mass by independent policies and independent data centers around the world. Like all blockchain, it's unstoppable and the code it hosts is tamper-proof. It hosts special contracts called canisters. A canister is a bundle of web assembled bycode logic which you can create from any high-level programming language such as Motoko and memory pages that the code runs inside.

The Internet computer's purpose is to host humanity's logic and data. This creates a singularity between the blockchain and the internet, making it the platform on which everything is built. The internet computer can host any number of canister smart contracts and therefore any amount of data –fully on-chain.

Deploying Bondex on Dfinity allows it to host limitless amounts of data from users worldwide. The Bondex app will be able to accommodate user profiles in a safe and secured manner.

BNDX is our native currency and will be the primary medium of exchange for Bondex network jobs, rewards, incentives, and staking. BNDX is a cryptocurrency with real-world, observable value.

BNDX tokens are based on the Binance Smart Chain backed BEP20 protocol token.

The Bondex token, BNDX, is a utility and governance token powering the talent ecosystem, its transactions, and enabling the DeFi capabilities for users. BNDX will reduce the global monetary transaction frictions, and its programmed incentive model implements the distributed governance structure.

Name: Bondex

Cash tag: $OBNX

Total Supply: 1,000,000,000 (1Billion)

Decikal: 18

Token Standard: BEP 20

Contract Address: 0x2cb7216E0A9C4276770c09839e4c4278c9E5B076

Total supply of BNDX is 1 Billion.

70% (700 million) of the tokens will be kept aside for participants.

Of these, during pre-ICO, ICO, 67.1 million (9.6%) tokens will be issued.

Pre-ICO participants will be allocated 1.2% of the tokens.

ICO participants will get 8.4% of the tokens issued.

The remaining 932 million tokens will be released in equal installments of 10% of the total remaining supply every six (6) months based on the user and network growth.

As we have more users coming on board and demand increases for tokens to provide utility, we will release more tokens to prevent too much speculative fervor.

Participants in Pre-Sale and ICO will have a lock-up period with a 20% immediate vesting upon DEX launch and the other 80% released over the next ten months in equal amounts.

The funds raised through the ICO will be dedicated to the following activities:

50% Infrastructure: A major portion of the funds raised will be used for the development of the Bondex network. This will include the salary of the developers, server costs, network costs, etc.

10% Operations: About 10% of the funds raised will be used for operational costs such as rent, utilities, administration, etc.

10% Advisors: About 10% of the tokens will be issued to the advisors and professionals who are part of the ICO.

20% Marketing: About 20% of the funds are set aside for marketing and related activities.

5% Legal: Another 5% of the funds are set aside for meeting the legal costs, costs of the ICO, for company set-up, etc.

5% Reserve: Another 5% of the funds are set aside for reserve.

The supply of tokens will consistently dwindle as more users and hiring organizations come into the network and overall circulation increases. Some tokens will be

locked up in staking pools.

The supply will be limited to 1 billion.

Medium

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