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Making web3.0 Frictionless & Mainstream

Fueling the Pioneers of a Decentralized Future

Biconomy provides plug & play APIs that allow decentralized apps (dApps) to become accessible to anyone regardless of their crypto knowledge and experience. Biconomy's multi-chain relayer infrastructure processes almost 50K daily transactions for 70+ web3.0, DeFi and NFT dApps to ensure all the benefits of web3.0 come with the intuitiveness of web2.0.

The mainstream user doesn’t want to deal with blockchain headaches. They just want a simple multi-chain experience where they connect their wallet to any dApp, instantly access their funds on any chain or L2/rollup, and enjoy a completely gasless experience. They expect the dApp to deal with gas, transaction management, and bridges under the hood.

Biconomy abstracts away these complexities from the end-user through powerful features such as:


notes


The future of the internet is decentralized, and Biconomy is a critical infrastructure on which it will stand. Biconomy makes web3.0 more usable, interoperable, and composable.

Key Highlights


Interoperable
Biconomy believes in a multi-chain future, but one where users don't need to know it’s multi-chain. Everything is quick, affordable, and scalable but they don’t deal with added frustrations such as painfully slow cross-chain transfers & onboarding. Biconomy handles these under the hood so that the user has a smooth interoperable experience!

Usable
Biconomy envisions a gasless future where users don’t need to bother about blockchain nitty-gritty such as paying gas, choosing the right network or chain, or performing some sort of alchemy to ensure a quick successful transaction. Everything should just work seamlessly.

Composable
Biconomy makes adding a better & simpler user experience to any dApp as simple as adding a lego piece. Biconomy APIs & SDKs can be integrated onto any dApp, on all major chains, and for a huge variety of use cases.

Sale Structure

Option 1 Option 2
Asset BICO tokens BICO tokens
Fixed Sale Price $0.25 per token $0.15 per token
Sale Period October 14, 2021 17:00 UTC - October 20, 2021 23:59 UTC October 14, 2021 23:00 UTC - October 20, 2021 23:59 UTC
Supply for Sale 4% (40M tokens) 1% (10M tokens)
Purchase Limits $100 min
$1,000 max
$100 min
$1,000 max
Funding Methods USDT, USDC, ETH, BTC USDT, USDC, ETH, BTC
Lockup and Release 3-month linear release starting on or around November 23, 2021 10% unlock on or around November 23, 2021, followed by a 6-month cliff, and following that 6-month monthly release
Excluded Participants Excluded participants include residents of the US, Canada, China, and CoinList’s unsupported jurisdictions Excluded participants include residents of the US, Canada, China, and CoinList’s unsupported jurisdictions
Sale FAQ FAQ FAQ

* CoinList may in its sole and absolute discretion adjust the parameters of the CoinList website and/or access systems to prioritize access to the Biconomy sale or the processing of token purchases for certain high-quality users with demonstrated histories of positively contributing to token networks, existing Biconomy users, or otherwise evidencing indicia of crypto-savvy future players of Biconomy.

Option 1

  • $0.25 per token
SOLD OUT

Option 2

  • $0.15 per token
SOLD OUT

A Rapidly Growing Bicosystem





Trusted by Leaders in web3.0



Growth Metrics



Token Economics

BICO is the native work & governance token of the Biconomy multi-chain relayer infrastructure. It plays a key role in decentralizing the network by acting as the network fees, incentivizing all stakeholders to secure and maintain the network, and participating in the network’s governance.

Token Utility


Network Fees

BICO is the native token of the Biconomy blockchain. The Biconomy blockchain will act as a settlement and verification layer for all the activity on the Biconomy Network across all supported chains. The node operators pay a transaction fee in BICO to add any information on the chain and they earn BICO proportional to the work they perform on the network .



Stakeholder Incentives

Node OperatorsValidators and Executors stake BICO to start contributing to the network. They earn BICO proportional to their contribution and their BICO stake. The network can also slash their stake in the case of bad behaviour. The Validator listens to relevant transactions on other chains and records them to the Biconomy chain. The Executors see these transactions and takes an action (be it a hyphen transaction or a gasless one).

DelegatorsBICO token holders stake their tokens to secure the network further. They earn BICO proportional to their BICO stake.


staking

Liquidity ProvidersLPs provide liquidity in a variety of crypto assets to the protocol’s liquidity pools on different chains. A small fee will be collected when a user uses the liquidity pools, which will be distributed to the liquidity providers. Apart from this fee, they will also earn BICO in proportion to their relative contribution to a given Liquidity Pool.

   

   Governance

BICO holders can propose and vote upon decisions affecting Biconomy’s protocol and overall Network. Such decisions can include changes to the Network’s code, adding additional services, or decisions regarding the disbursement of its treasury funds. Any BICO holder can submit a proposal for consideration by the wider Biconomy community. This is a large part of Biconomy’s plans for progressive decentralization as they move towards community-led growth and self-sustainability. 

Distribution Schedule

There are in total 1 billion BICO tokens in supply distributed as follows:



Segment Total Supply in % Release Schedule
Early Supporters 6% 9-month lockup, linear vesting for 27 months (total vesting 3 years)
Strategic Sale 6.38% 9-month lockup, linear vesting for 24 months (total vesting 2 years & 9 months)
Private Sale 12% 10% liquid on TGE, 6-month lockup, linear vesting for 24 months (total vesting 2.5 years)
Team & Advisors 22% 12-month cliff (1/24 of tokens liquid upon cliff), linear vesting for 24 months (total vesting 3 years)
Treasury 10% 10% liquid on TGE, 12-month lock up,  linear vesting for 24 months (total vesting 3 years)
Community Rewards and Incentives  38.12% 7.5% liquid on TGE, 1/47 each month linear release
Public Sale 5% See sales structure above

Products

The Biconomy multi-chain relayer protocol, called MEXA, currently powers:


Hyphen
A fast & cost-efficient cross-chain bridge. Offering instantaneous value transfers & contract calls between various EVM (or non-EVM) chains and L2s. Thus, users can easily onboard to any chain & move between them instantly, resulting in a seamless multi-chain experience. Learn More


Gasless
Plug-and-play APIs and SDKs used to build dApps with superior user experience by leveraging meta-transactions where dApps subsidise gas fees to offer a gasless experience to end users. Learn More

Forward
Forward offers flexible solutions to users for paying gas. Be it on Ethereum or other L2s, users can pay gas in a range of ERC20 tokens--such as stablecoins--instead of the native token of that chain. Learn More

Milestones


Team

Ahmed Al-Balaghi
CEO & Co-Founder
4 years of blockchain and crypto experience in research, investing, and business development. Previously Ahmed worked at Dow Jones, Citibank and for one of the leading Middle East VCs assisting with blockchain deals.
Sachin Tomar
CTO & Co-Founder
8+ years in software engineering; worked for Samsung and Make My Trip (Indian Unicorn); 2 years of blockchain/crypto experience in smart contract development and as a blockchain lead for Stacks City.
Aniket Jindal
COO & Co-Founder
4 years of blockchain/crypto experience in exchanges, investing, and community development in India. Previously Aniket worked for Binance, joining when it had only 20 employees in Shanghai, helping 
it to scale.

Testimonials

Superior UX is a key focus. Thanks to Biconomy, gamers can enjoy ZED RUN without having to handle or think about blockchain complexities.
Geoff Wellman
- CTO & Co-Founder, ZED RUN
Since we launched almost a year ago, Biconomy has helped make our application completely gasless for end users. We believe it improves the overall experience for our users. 
Yenwen Feng
- Co-Founder, Perpetual Protocol

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