“Biconomy is one of the biggest Canadian cryptocurrency exchanges already online. The company was established in 2019. It has branches in Canada and South Korea.

It is a leading exchange that provides professional and secure trading experiences to 500k+ registered users and 200k+ active community members around the world through its products and services designed specifically for cryptocurrencies”

Biconomy actively develops its ecosystem. Recently, the launchpad was launched for NFT, GameFi and DeFi projects. It is an all-encompassing launchpad that offers a variety of services to help projects enter the cryptocurrency market.

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.

This year’s breakthrough is the GameFi sector. It connects gaming with cryptocurrency and allows players to earn money by simply playing video games. Biconomy believes there is a lot of potential and plans to focus on the Play2Earn industry.

There are many features to gaming projects. First, because they’re new to the cryptocurrency market, it’s crucial that the exchange provides support and expertise when they enter.

Game developers also often look for sponsors and funding to create 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 has six offices in the world and more than 20 languages chats. It plans to expand its reach into new regions that have developed crypto-economics.

And since Biсonomy also has a GameFi launchpad, and also carries out listings of promising projects, the Biconomy Ecosystems Foundation will invest in the most promising of them, thereby strengthening its position in the cryptocurrency market and among cryptocurrency exchanges.

Another direction of financing is investing in IDO projects on the Solana-based DEX Сaballo exchange, in the creation of which Biсonomy acted as a technical partner.

This DEX supports the Deflationary token model and is one-of-a kind. The first token that was listed on the Caballo exchange is the native token of the Biconomy Exchange – BIT. Biconomy and Caballo will conduct an IDO together on Caballo, offering investments in promising projects.

DmitriySheludko CEO Biconomy said:

“This is a very large and significant event in the life of our exchange. The Biconomy Ecosystem Foundation will allow us to expand at an even faster rate and to develop many product lines-both directly and indirectly. This will help strengthen the ecosystem and the exchange.

We invite the best projects to apply for our launchpad, and grow together with the Biсonomy exchange. Biconomy was not just about technology, but also the empowerment of passionate teams who joined it. Look at the BIT community to see the great things we do with the people of the community. We look forward to the excellent teams that will join this historic change.”

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