Biconomy
Seed Round

Biconomy is a developer platform that empowers blockchain projects to build highly scalable and seamless decentralized applications by simplifying the Web3 user experience. By leveraging its plug-and-play relayer infrastructure, Biconomy removes the complexities of gas fees and network congestion for end-users. The ecosystem is powered by the native BICO token, which facilitates network fees, node operator incentives, and decentralized governance. On January 11, 2021, the Biconomy team officially announced the successful closure of a $1.5 million Seed Round. The capital raise was led by Eden Block, with strategic backing from major industry players like Binance, Fenbushi Capital, and Outlier Ventures, to accelerate the development of their cross-chain meta-transaction APIs.