Bondex (BDNX)

Bondex is a decentralized job portal that offers job opportunities in the blockchain, crypto, Web3, NFT, and other related industries. It allows recruiters to search for talent and job seekers to find opportunities in a more decentralized and gamified manner.

The Bondex platform features an in-app rewarding system through Bondex points, which serves as an in-app premium currency, benefiting businesses, recruiters, and users in a variety of ways. These include:

• Talents: The Bondex app rewards users with Bond points based on their activities on the platform, such as regular engagement and active connections with recruiters. Those points can be used to enhance the visibility of their job applications or qualify them for $BDNX token airdrops.
• Recruiters: Recruiters on the Bondex platform can utilize Bond points to refer candidates for interviews. Depending on the quality of the referred talent, these points may be refunded to the recruiter and earn additional points for successful candidate onboarding.
• Businesses: Employers benefit from incentivizing programs for recruiters and talents, as well as a scoring system that allows the most reliable companies to identify the best candidates more efficiently than their competitors.

The platform is powered by its native Bondex token ($BDNX), allowing users to participate in DAO votings and Bondex airdrops as well as lock tokens as collateral to earn Bond points.

Recently, the platform announced the release of the Bondex coin and subsequent public sale on CoinList, with over 8% of the total supply allocated for sale. Additionally, Bondex has confirmed a community airdrop, allocating another 2% of the total supply for early adopters of the platform.

Considering this information, the CoinLaunch team decided to analyze the project across 8 key areas including marketing, tokenomics, team, product, etc., to identify and highlight the project's overall pros and cons. Those may help you to conduct more qualitative own research and decide whether you should or not join the $BDNX public sale:

Bondex pros:

• Large user base of over 3M people;
• Great concept and design of the rewarding mechanism and platform overall;
• Relatively low Initial Market Cap/ FDV ratio (10%);
• Strong PR and Growth Marketing performance;
• Quite experienced team;
• $BDXN sale on CoinList indicates a quite strong network of partners supporting the project;
• Bondex target a huge market segment in crypto: Recruiting;
• Presence of some top tier partners including Chainlink, The Grahp, Fantom and others.

Bondex cons:

• Weak marketing infrastructure and social media marketing performance;
• Despite the partnerships with top tier projects, there’re  small amount of top tier funds invested into the Bondex;
• There’s almost no information regarding project’s private funding rounds;
• Absence of any security audit of the Bondex app.