Bondex TGE Update

Dear Bondex Community,

I'm writing to you today with an important update regarding the Token Generation Event (TGE) and exchange listing for our $BDXN token. As the CEO and fellow community member, I want to provide you with the most accurate and transparent information about our plans moving forward.

First and foremost, I want to express my deep gratitude for your continued support and patience. The journey to bring Bondex to life has been a three-year effort filled with hard work, innovation, and perseverance. The Mobile App, Job Portal, and $BDXN token represent just the beginning of Bondex, laying the foundation of what will become the next big social network.

Since postponing the TGE of $BDXN in July, we’ve achieved record milestones:

• 1.5m Monthly Active Users on our Bondex Mobile App

• Partnerships with OKX, ByBit, BitGet and TON Foundation

• 500,000 Bunny Blitz  mini-app players, generating massive awareness of the $BDXN token

• Launched in app Streaks, enabling more bond points to be earned for Airdrop Season 2

• Onboarded even more world-class clients, such as CoinMarketCap, Binance, and Rarible

The decision to postpone the TGE was made after careful consideration of the recommendations of our listing exchange partners, overall market conditions, and crypto market sentiment. With hindsight, moving the date was clearly the right decision. Over the past three months, Bitcoin has been down 18%, Ethereum  36%, and altcoins have declined by  60-80%, according to CoinMarketCap. Had we proceeded then, these unfavorable market conditions would likely have severely affected the $BDXN token performance. 

Since July, we have been targeting September as our new launch date. Additionally, we’ve been working closely with our exchange partners who have been actively monitoring liquidity and markets. As a team and company, we are ready to launch the $BDXN, all the preparations are set. 

However, our leading tier-1 exchange partners have strongly advised us to delay until there are improved market conditions and liquidity. Timing is everything in crypto, and launching too early or too late can make or break success. Our exchanges understand that seizing the right market momentum guarantees the best outcome for everyone. That said, we remain focused on making 2024 the year we bring $BDXN to life on exchanges, once conditions align.

While some may find this news disappointing, this strategic decision is made to ensure that $BDXN holders like you benefit from the best possible launch conditions. Securing the right exchange partners is essential for success, and having top exchange partners on board from day one will be well worth the wait. We really appreciate your continued patience and support as we navigate through this challenging market environment.

Let me be clear: We stand ready and fully committed to launching as soon as market conditions improve, guided by signals from our lead exchange partners. Our decision to delay allows us to not only wait for improved market conditions but also gives us the time to enhance the token’s utility, ensuring $BDXN offers more value on launch day. In the meantime, we continue to push on our roadmap and are hard at work, expanding the rewards for our loyal users and community to reward their support and patience.

We have even more exciting developments coming in the next few months, including:

• Airdrop Season 2 details are to be announced soon, our biggest and fastest airdrop yet 

• Massive AI Features to make finding and applying for roles in all of Web 3 faster and easier

• Thousands of new web3 jobs set to be added to the Bondex Job Portal 

• WhitePaper for Bondex 2.0 - It's time for the On Chain features like Bondex ID, Verified Credentials and Bondex Reputation Score

For our loyal community members, I want you to know that nobody wants to launch more than I do. Having worked on the Bondex mission for over 3 years now, the anticipation of seeing Bondex live on exchanges is immense. However, as CEO, it’s my responsibility to ensure we’re fully prepared for launch, which we are. Now, it’s up to our exchange partners to determine the best timing for the ideal market conditions — and we hope that time is right around the corner.

Thank you for your unwavering faith in Bondex. Your support is what drives us forward every day, and I’m confident that when $BDXN finally goes live, it will have been well worth the wait. Get ready, because we’re building something truly extraordinary together.

With gratitude and excitement for what's to come,

Ignacio Palomera
CEO, Bondex