Bondex Set to Launch the Origin App to Incentivize Users through Blockchain Rewards

Landing a decent job is tricky, especially that the current globalization has weakened the bargaining power of employees, resulting in exacerbating job insecurity. This insecurity is growing given that global unemployability rates are rising, especially in the wake of the Covid-19 pandemic. While on one hand, unemployment rates keep increasing, on the other hand, the global labor market struggles to address its own challenges.

Some of these challenges include the lack of access to the formal labor market, the lack of recognition of education and skills, and most importantly, the lack of established work and social networks. In fact, one of the most significant obstacles faced by an ordinary individual searching for is the lack of references, local experience, and formal social networks.

Although Covid-19 radically changed the face of work by hastening the shift to on-demand workforce models and providing employees with the possibility of working remotely, it has also aggravated severe skill shortages. The increasing skills gap among the workforce is forcing employers to think of new and inventive methods of benefiting from their employees and obtaining the talent and the skills they require.

While many online platforms that help professionals make the required contacts have emerged because of technological developments, the majority of these existing talent platforms are centralized. In addition, they extract excessive value and provide little benefit to platform users beyond project matching. A significant number of these platforms have also failed to respond to concerns about comprehensiveness and user-friendliness that were expressed by consumers.

This is where Bondex and its Origin App kick in.

Talent Management via the Bondex Ecosystem and the Origin App

Bondex aims first at democratizing access to global talent through blockchain solutions. It is essentially a web 3.0 talent ecosystem enabled by Fintech, that will change the job market for everyone. With the Origin app, which marks a huge milestone for the Bondex ecosystem, users will be able to communicate with each other, seek professional job opportunities, join forces on short-term projects, and exchange user generated content.

Bondex is the world’s first decentralized peer-to-peer (P2P) professional network. It uses blockchain to provide a unified end-to-end experience for finding and managing talents through a unique tokenized revenue-sharing model. The Bondex Origin App was designed to allow crypto users to become stakeholders in the Bondex ecosystem through tokenized revenue sharing, mechanisms and will essentially populate the ecosystem by creating a vast network of skilled and capable participants.

Origin App has also been touted as part of a revolution that would disrupt the global labor market, with blockchain rewards incentivizing users. It is essentially a Kickstarter app for the Bondex network that provides special perks and opportunities to early users and facilitates the process of earning rewards by joining the network and participating in various activities. This easy-to-use app is available on both Google Playstore and the App Store, and is primarily designed to reward early adopters, seed the network, and encourage expansion.

The BNDX Token

The Bondex token (BNDX) is the Bondex ecosystem’s native utility and governance token that powers the Talent Ecosystem and allows users to participate in its benefits. It will also be the primary way of implementing the platform’s governance, awards, and incentives. This distinguishes the BNDX token from the dozens of other blockchain initiatives by providing a token with visible value and function in the real world.

By logging in once a day, registered users will be able to mine up to 50 million BNDX tokens on their mobile phones for free. Bondex also incentives users with a free-to-mine token through the Origin App, which will be converted into DEX and exchange-listed BNDX tokens at a 1:1 ratio. In fact, Bondex has allocated 5% of its total token supply to the free mining app. The app also rewards users with BNDX tokens when they register with a verified LinkedIn account, submit their resumes, meet KYC and AML requirements, and refer new users.

Every quarter, Bondex will distribute 25% of its quarterly profits to its token holders, through airdrops. Furthermore, the BNDX tokens that were obtained through the Origin App will be converted to BNDX tokens once the main net is operational, and they will be freely tradable after IDO is listed.

It is certain that Bondex’s unique and disruptive solution will make the talent acquisition and talent management process more efficient and profitable for everyone through the integration of blockchain with the use of the open bank data features.

Click here to learn more about the Origin App and other innovative solutions from Bondex. You can also follow Bondex on social media platforms, such as Linkedin, Telegram, Twitter, and Medium to stay updated.