Bondex Secures $10M to Build LinkedIn for Web3

The fundraising included $4 million from Animoca Brands, Morningstar, Dext Force Ventures and iAngels and a $6.5 million community sale on Coinlist.
Image source: Bondex

Quick take:

  • Bondex is building a gamified version of LinkedIn powered by the BDXN token.
  • Users of the platform receive up to $10,000 in token-gated referral bounties for successfully referring new hires to recruiters.
  • Bondex will use the majority of the new capital to improve the platform as it positions itself to take on traditional digital hiring platforms.

Bondex, a blockchain-based talent marketplace has raised $10.5 million to build the LinkedIn of Web3. The fundraising included $4 million from Animoca Brands, Morningstar, Dext Force Ventures and iAngels and a $6.5 million community sale on Coinlist.

Bondex is building a gamified talent recruitment platform powered by the $BDXN token. Bondex CEO and founder Ignacio Palomera said it will use the majority of the new capital to improve the platform as it positions itself to take on traditional digital hiring platforms.

According to the announcement, the Bondex platform provides referral bounties to users, allowing them to act as extended recruitment arms to hiring companies. Users stand to receive up to $10,000 in token-gated referral bounties for successfully referring new hires to recruiters. 

The company said it has already tapped leading Web3 companies including Binance, Blockchain.com, Chainlink, CoinMarketCap and Ankr as recruiting partners. 

Commenting on his company’s participation in the fundraising, Animoca Brands co-founder and executive chairman, Yat Siu said 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, according to the company’s announcement on X. 

Danilo S. Carlucci, co-founder and CEO of Morningstar Ventures added: “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.”


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