What is Bondly?
Bondly Finance (BONDLY) is an ecosystem that focuses on Non-Fungible Token (NFT) technologies with a mission to connect content creators and fans. Their goal is to bring authenticated digital-first goods to the music, entertainment, collectibles, and gaming industry. To achieve this, Bondly offers a range of products and services designed to support the blockchain ecosystem.
Bondly started as a trusted, portable, and transparent DeFi swap protocol. The platform launched with a family of trust-enabling products and services to improve everyday trading activities, including BondSwap (BSWAP), BOND DEX, and BOND PROTECT (BPROTECT). BondSwap allows users to perform on-chain transactions, while currencies can be sent via any chat app with different blockchains. BOND DEX is an interoperable, easy-to-use, and blockchain agnostic DEX, while BPROTECT functions as a decentralized escrow and buyer protection for crypto marketplace customers.
BONDLY is the utility token of the platform. BONDLY can be used to offer staking access to token holders, Launchpad IDOs, governance rights, and exclusive sales. Bondly has a history of releasing various NFTs in partnership with notable individuals and brands. They launched the first NFT with utility in November 2020, followed by NFT partnerships with Logan Paul, Pellek, and Lewis Capaldi.
In August 2021, Animoca Brands acquired a majority stake in Bondly, which brought a strong focus on applications of NFT technologies in gaming, entertainment, and the Metaverse. Harry Liu is the CEO, and Rob Tran is the COO of the Bondly platform.
Bondly Finance stands out as an ecosystem that brings together NFT technologies with a focus on supporting the blockchain ecosystem. With various products and services, Bondly aims to offer a range of benefits to its users, including the ability to perform on-chain transactions, trade native assets on Polkadot, and provide decentralized escrow and buyer protection for crypto marketplace customers. BONDLY token holders also enjoy staking access, governance rights, and exclusive sales. The acquisition by Animoca Brands adds to the potential of Bondly to further develop applications of NFT technologies in gaming, entertainment, and the Metaverse.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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