Difference between revisions of "Biconomy"

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==Basics ==
==Basics ==
* Started in: 2020
* Started in: 2020
* Based in:
* Based in: Dubai
* [https://decrypt.co/27768/biconomy-brings-gasless-transactions-to-ethereum From] [[Decrypt]] (5-5-2020):
* [https://decrypt.co/27768/biconomy-brings-gasless-transactions-to-ethereum From] [[Decrypt]] (5-5-2020):
''"Biconomy has launched a [[relayer]] infrastructure that simplifies the use of integrated [[dapps]]. The protocol lets developers cover [[gas]] fees on small [[transactions]], reducing friction and improving user experience."''
''"Biconomy has launched a [[relayer]] infrastructure that simplifies the use of integrated [[dapps]]. The protocol lets developers cover [[gas]] fees on small [[transactions]], reducing friction and improving user experience."''
Line 70: Line 70:
* Full team can be found [here].
* Full team can be found [here].
*Aniket Jindal; co founder
*Aniket Jindal; co founder
*[[Sachin Tomar]]; founder & CTO


=== Funding ===
=== Funding ===

Latest revision as of 06:06, 18 September 2023

Basics

  • Started in: 2020
  • Based in: Dubai
  • From Decrypt (5-5-2020):

"Biconomy has launched a relayer infrastructure that simplifies the use of integrated dapps. The protocol lets developers cover gas fees on small transactions, reducing friction and improving user experience."

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Token

ICO

Token allocation

Utility

Token Details

Stablecoin

Coin Distribution

Tech

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].
  • Programming language used:

Transaction Details

How It Works

Upgrades

Scaling

Different Implementations

Interoperability

"While Biconomy will be most useful for Ethereum developers in the near term, the protocol is blockchain agnostic and can work with other dapp platforms like TRON and EOS."

Hyphen

"Hyphen is a new cross-chain transfer protocol from Biconomy and it currently allows transfers between Ethereum and Polygon for USDC and USDT."

Other Details 

Oracle Method

Privacy Method

Their Other Projects

Forward

"Projects that integrate Biconomy Forward can allow their users to pay gas fees using ERC20 tokens and stablecoins instead of just ETH."

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

  • From their own blog (9-9-2020):

"We started off with Ethereum and EVM compatible chains such as Matic and xDai. Our product is already integrated with well known projects such as Curve Finance, Idle Finance, Frontier Wallet and as well as up and coming applications launching on Layer 2."

Pros and Cons

Pros

Cons

Competition

Team, Funding, Partners

Team

  • Full team can be found [here].
  • Aniket Jindal; co founder
  • Sachin Tomar; founder & CTO

Funding

"The round was led by Eden Block with participation from other top investors including Fenbushi Capital, Binance, DACM, Outlier Ventures, Zee Prime Capital, Woodstock Capital, and MiH Ventures."

Partners

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