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Bondly Finance: Helping NFT achieve easy cross-chain transactions
秦晓峰
Odaily资深作者
@QinXiaofeng888
2021-12-28 03:46
This article is about 1287 words, reading the full article takes about 2 minutes
NFT Launchpad + swap + dex + buyer protection.

With the expansion of blockchain ecology, cross-chain interoperability has become a rigid need. However, most of the current cross-chain solutions focus on token transactions, and NFT assets are not included.Bondly Finance"The cross-chain new players try to solve these pain points.

first of all

first of allNFT creation and distribution market (NFT Launchpad). Bondly Finance is one of the first companies to cooperate with musicians and influencers. It has released the "Big Fat Sexy Card Collection" NFT for two-time Brit Award winner Lewis Capaldi, and also released a limited edition for YouTube celebrity Logan Paul Edition NFT - This collectible sold out in less than 30 minutes. Currently, Bondly Finance is selling virtual land for the Netvrk metaverse, totaling 560 pieces. And, NFT collectors will be able to transfer their NFT assets from one blockchain to another for cross-chain transactions.

Furthermore BONDSWAP(BSWAP), similar to the over-the-counter trading function of some centralized trading platforms, but this product focuses more on direct transactions on the chain, and allows users to use different blockchains and send transactions in various chat applications. Through BSWAP, users can: directly trade the NFT in their hands with the NFT or token you want; sell a large number of low-liquidity tokens without the risk of slippage; set the price independently by minting tokens, and then Publish information on social media for audience to buy, aggregate private domain traffic; use debit/credit cards to purchase assets.

followed byBOND DEX, the official will provide liquidity providers with handling fees and token rewards. The pricing engine of BOND DEX will compare the main cross-chain swap options and recommend the most profitable trading path for users. Through BOND DEX, users can: use USDC on Ethereum to trade with native assets on the Polkadot chain; get the cheapest trading path recommendation; create their own asset trading pairs.

FinallyBondly Buyer Protection (BPROTECT)Verifier"Verifier"role, but now they do not have direct access to funds, reducing the possibility of market misappropriation and fraud. For every user in the crypto market, BPROTECT can provide the best protection for decentralized custody services and token buyers.

In terms of tokens, the native tokens of the BONDLY platform can be used for governance, staking, and exclusive rights in activities such as Launchpad, IDO, and exclusive sales. In July of this year, the account of the CEO of Bondly Finance was hacked and BONDLY tokens were stolen and smashed. After that, the official urgently deployed a new token contract and adopted a multi-signature mechanism.

In terms of investment, in September this year, Animoca Brands announced that it would acquire a majority stake in Bondly Finance. Animoca Brands said: "Bondly has developed powerful tools to help brands and individuals enter the NFT world, and has established deep connections with many top brands and artists. These products and relationships will be of great help to Animoca Brands and our portfolio companies .”

NFT
Cross-chain
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