Cryptocurrencies have been around for over a decade, but they are still struggling to gain widespread adoption as a means of payment. One of the biggest challenges facing the industry is the lack of practical applications for cryptocurrencies. BondPay is a blockchain startup that aims to address this problem by offering a range of goods and services that will enable the wider adoption of cryptocurrencies.
BondPay’s vision is to offer banking services, payment solutions, multi-purpose virtual and physical crypto debit cards, and much more. Additionally, BondPay aims to launch operations in several niche markets and start to offer highly functional centralized and/or decentralized products with the ability to instantly exchange/swap crypto assets.
BondPay app aims to implement additional functionality, such as a high-tech analytical tool to monitor and manage their balances and the option to send cryptocurrencies to multiple parties at the same time for both business and personal purposes. This will allow users to easily exchange their cryptocurrencies for goods and services without the need to exchange for fiat.
BondPay’s focus on DeFi products will provide more accessible and transparent cross-border transactions thanks to blockchain technology, creating the massive potential for consumers and businesses. BondPay can claim a portion of the US$ trillion worldwide mobile payment industry, merchants’ payment processing solutions, e-wallet services, and other markets by utilizing cryptocurrencies’ use cases.
To support the development of their ecosystem, BondPay has introduced $BPAY tokenomics. $BPAY is an ERC-20 token on the Ethereum blockchain, with a total supply of 80,000,000 (80 Million) and 18 decimals. During the initial coin launch, there will be a 3% tax on purchases and sales, which will drop to 2% in six (6) to twelve (12) months.
The coin launch fees will be allocated to Operational Funds (0.90%), Payroll (0.45%), Corporate (0.45%), Marketing Funds (0.83%), Development Funds (0.83%), Auto-Liquidity (0.30%), and Auto-Buyback (0.15%). This distribution will ensure that BondPay has the necessary resources to develop and grow its ecosystem.
BondPay’s presale will begin on February 28, 2023, and will have two rounds. The $BPAY Early Investors Stage will have a price of $0.00900, with 7,000,000 (7M) tokens available. The $BPAY – Presale Round will have a price of $0.00950, with 50,000,000 (50M) tokens available. Finally, the $BPAY – Launch will have a price of $0.01.
BondPay’s goal is to offer both personal and commercial solutions to enable the wider adoption of cryptocurrencies as a means of payment. With BondPay and its supporting infrastructure and services, people and businesses may accept the most stablecoin cryptocurrencies as cash and credit. BondPay is at the forefront of the cryptocurrency industry, and it will be exciting to see how it develops in the coming years.
Link: https://bondpay.app/