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Wednesday, December 1, 2021

Bondly NFT’s Explained


Hi everyone and welcome to another crypto Top Things To Know Special. In this episode, we will explore what Bondly is in 1 minute. Bondly tries to make decentralized finance more accessible to everyday users through decentralized escrow payments and traditional marketplaces. It is a trusted, transparent and portable swap protocol that is designed to make a user into a marketplace. Launched on Polkadot in September 2020, the Bondly protocol offers an ecosystem of decentralized products that enable anyone to execute digital payments between peers.Bondly can also be communicated through any messaging service or social media platform.

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Bondly Finance was founded by Brandon Smith who also serves as the CEO of the company. BondSwap is a core product of Bondly that offers wallet-to-wallet over-the-counter (OTC) trades that are executed by signing a smart contract. It supports portable smart links that can be sent via messaging apps or social media. It supports all ERC-20 tokens. BondSwap allows users to sell large orders of low liquidity tokens with no risk of slippage. It also offers the option to buy assets using credit or debit cards via a third-party partner. Bond DEX allows users to trade native assets on Polkadot with USDA on Ethereum and provides recommendations on the cheapest bridge transaction paths. Bond Protect is another product only designed for the eCommerce market..

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