$100M BICONOMY ECOSYSTEM FOUNDATION, BICONOMY E-WALLET — November 5th AMA with CEO Summary🚀

Biconomy.com
7 min readNov 7, 2021

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Traditionally, the CEO of the Biconomy exchange https://twitter.com/SheludkoDmitriy held an AMA session with the Exchange Community and told about very important and hot news!
We invite you to read the summary.
We remind you that you can watch the full version of AMA in the recording on our YouTube channel
https://www.youtube.com/watch?v=cnZewowZT8Q&t=2s.

1. $100M BICONOMY ECOSYSTEM FOUNDATION

With the new Launchpad, Biconomy and LT Capital jointly established the “Biconomy Ecosystem Foundation” with a total amount of US $100 million. This capital mainly provides funding and joint ecosystem development support for global GameFi, Defi, and NFT development teams. The mission of the Biсonomy exchange is to create a bridge between the real economy and the crypto economy and make cryptocurrencies more accessible to people.

The GameFi sector is a real breakthrough this year, which also connects the gaming industry with cryptocurrencies and enables players around the world to make money just by playing games. Biconomy sees a great prospect and intends to develop the Play2Earn sector especially purposefully.

Gaming projects have several features. Firstly, they are complete newcomers to the crypto market, so the expertise and help of the exchange when entering it is very important.

Also, very often game developers are looking for funding and sponsors to develop their games.

As a result, the Biconomy exchange solves all the problems of GameFi projects — from financing, preparing a project for the crypto market, to successfully entering public trading and partnership and cooperation after listing.

The funds from Ecosystem Foundation will be used to extend the ecosystem of the Biсonomy exchange — the development of partner and launchpad projects and investments in it. The exchange already has 6 offices around the world, more than 20 language chats, and intends to develop even more in further regions with developed crypto-economics.

Biconomy Foundation Mainly Created to Power Up The Biconomy Ecosystem, Development As well As.
As CEO Said, We will Invest All Our Funds For Exchange Development, Our Products, partners Etc.

To Provide a Great Growth of our products, Ecosystem, Biconomy Foundation Created.
We will also Invest On Our Upcoming Listing Project If we see They are doing good as well.
We will Help Them For Their GROWTH as well.

To apply and get funding, projects need to apply for Biconomy Launchpad or Listing https://biconomy.com/Launchpad/Launchpad
https://biconomy.com/business/listings

Worldwide TOP Media About it:

https://www.investing.com/news/cryptocurrency-news/canadian-cryptocurrency-exchange-biconomy-together-with-partner-fund-lt-capital-launches-a-fund-for-100m-2666488

https://finance.yahoo.com/news/canadian-cryptocurrency-exchange-biconomy-together-184000327.html

https://news.yahoo.com/news/canadian-cryptocurrency-exchange-biconomy-together-184000327.html

https://money.yahoo.com/news/canadian-cryptocurrency-exchange-biconomy-together-184000327.html

https://ambcrypto.com/canadian-crypto-exchange-biconomy-and-lt-capital-to-launch-100m-fund/

https://coinquora.com/canadian-cryptocurrency-exchange-biconomy-together-with-partner-fund-lt-capital-launches-a-fund-for-100m/

2. BICONOMY E-WALLET

Canada’s Biconomy announces a team-up move with Brainpay. The latter is a Latin American electronic payment solution provider. With this partnership, they will offer more convenient services and solutions for integrating cryptos and legal currencies.

Together, this strategic cooperation will bring big opportunities to businesses and users in many parts of the world. This included Asia, Europe, the Middle East, North America, and other regions as well.

Biconomy is working to elevate ‘Crypto as Service’ to further push the possibilities of financial services within the Biconomy business ecosystem. Above all, it will help merchants and users access more crypto-centric functions. More so, this will be provided in a faster and more convenient process.

With Brainpay in the picture, Biconomy is set to launch an independent e-wallet to their consumers around the world. With this, consumers can buy, hold, and sell digital assets through the custodial wallet. In fact, they can also apply for physical credit and debit cards based on Mastercard (NYSE:MA) and Visa (NYSE:V) payment networks.

The CEO of Biconomy — Dmitriy Sheludko, says that Biconomy’s ‘Crypto as Service’ proposal for a financial solution will help meet the needs of its community users.

Our business ecology and community development are inseparable. We can see Every great business is built on the basis of a strong user community. This is especially true in the post-Internet era. Young people hope that their community can integrate more convenient services. Therefore, the Biconomy IT team has made unimaginable efforts and given up rest time in order to better and quickly launch high-quality services to community users.

To add on, he says that along with providing services to the Biconomy community, they will also empower global payment services and e-wallets to all blockchain innovation firms in the Biconomy ecosystem. In turn, these services can enjoy global payment capabilities from their inception phase.

More so, Sheludko says that once these geographical restrictions are dealt with, members of the ecology will divert their gaze towards a broader global market. This will allow the entity to develop its own global communities with no restrictions.

According to Biconomy, they will leverage their partners’ support to launch the Biconomy e-wallet. The tentative release time, for now, is towards the end of 2021. To specify, the e-wallet will be available on the Google (NASDAQ:GOOGL) Play Store and Apple (NASDAQ:AAPL) App Store.

In particular, the e-wallet will allow in-wallet exchange between legal currency and the BIT token. Simultaneously, the exchange functionality between local legal tender and mainstream Stablecoin will go live in major nations across the globe.

The electronic wallet will enable BIT Token holders to safely store their tokens and easily exchange them inside the wallet for any other cryptocurrencies, and vice versa.
Also, in the plans of the Biсonomy exchange, the appearance of its own physical bank cryptocurrency card.

Worldwide TOP Media About it:

https://finance.yahoo.com/news/biconomy-leading-cryptocurrency-exchange-canada-195100210.html

https://news.yahoo.com/news/biconomy-leading-cryptocurrency-exchange-canada-195100210.html

https://money.yahoo.com/news/biconomy-leading-cryptocurrency-exchange-canada-195100210.html

https://ambcrypto.com/canadian-crypto-exchange-biconomy-and-lt-capital-to-launch-100m-fund/

3. SMALL BUSINESSES ARE ACCEPTING $BIT AS PAYMENT.

In Iran, Some Of Car Parts Shop is started to Accept $BIT As Their Payment in Their area As well.
We are So Happy With people who have faith and trust in Biconomy Exchange and BIT Token!
This is the very first and small BIT Token use case, but we understand — this is just the start.

We Believe One Day Hundreds of Countries will accept $BIT As Digital Payment as well and people will be able to buy any products and services and pay in BIT for it.
And we are doing Our Best to make it happen!

4. $BIT TOKEN LISTING ON BICONOMY🚀

🚀$BIT LISTING ON BICONOMY EXCHANGE 🚀

Dear Biconomy Community,

$BIT Token Successfully Listed On Biconomy Exchange.

Users Can Deposit and Withdraw Their $BIT Token Now. Trading Time Will Be Announced Later. And, the Current $BIT Deposit Network is BEP20.

🚀$BIT Token is The Native Token of Biconomy Exchange With Great Model & Utilities 🚀

$BIT Contract Adress:

BSC BLOCKCHAIN 👉
https://bscscan.com/token/0xc864019047b864b6ab609a968ae2725dfaee808a

SOLANA BLOCKCHAIN 👉
https://explorer.solana.com/address/6kr8q1SXXNRLy3imzDsecWkcRtzJiXqiXx1N7LtpMPTe

5. FIRST LAUNCHPAD PROJECT ON BICONOMY

🚀Introducing the JokerManor Metaverse (JKT) Token Sale on Biconomy Launchpad!🚀
Our first token sale will be starting at 2021–11–15 08:00 (UTC)

Users will be able to use the USDT and BIT tokens that they hold on the Biconomy platform, to subscribe to the project token, that will be located on the launchpad page.

JKT is a new token that is created by JokerManor Metaverse, the ultimate DeFI + GameFi Aggregator & Launchpad. The JKT will also be listed on the Biconomy Exchange.

🚀Don’t forget to Deposit $BIT to Biconomy Exchange and use it to purchase JKT Tokens🚀

Full Details About Project & Launchpad Sale 👉
https://biconomy.zendesk.com/hc/en-us/articles/4408993725849-Introducing-the-JokerManor-Metaverse-JKT-Token-Sale-on-Biconomy-Launchpad-

Mainly That Was Today’s AMA Summary.

For Best Understanding, We Recommend You To Check FULL YouTube Video,
https://www.youtube.com/watch?v=cnZewowZT8Q&t=2s

🙏Thank You So Much For Supporting Us🙏

Follow our CEO Twitter https://twitter.com/SheludkoDmitriy

Join us and stay tuned for all upcoming updates on our website and social networks:

Official website: https://biconomy.com/

Global Telegram group: https://t.me/Biconomy_Global

Regional Telegram Communities: https://t.me/Biconomy_Global/288933

Twitter: https://twitter.com/Biconomy_Global?s=09

Facebook: https://www.facebook.com/BiconomyGlobal/

LinkedIn: https://www.linkedin.com/company/biconomyexchange

Reddit: https://www.reddit.com/r/Biconomyexchange

BIT Paper with ROADMAP: https://biconomy.com/whitepaper/english.pdf

Instagram: https://www.instagram.com/biconomy/

YouTube: https://www.youtube.com/channel/UCUr7xvFfBy8zQR0EB_cbjBQ

🔥 DOWNLOAD BICONOMY OFFICIAL ANDROID APP 🔥

https://play.google.com/store/apps/details?id=com.biconomy.ex

🔥 DOWNLOAD BICONOMY OFFICIAL IOS APP 🔥

https://apps.apple.com/app/biconomy/id1486151349

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