• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Biconomy Altcoin Secures Investment From Various Investors

user avatar

by Giorgi Kostiuk

2 years ago

Biconomy (BICO) altcoin, a major Account Abstraction provider in the web3 industry, has obtained strategic funding from prominent web3 venture capitalists, as revealed in an announcement.

Participating in the funding round were Jump Capital, Borderless Capital, Consensys Ventures, Taisu Ventures, Manifold Trading, Side Door Ventures, and Blockchain Founders Fund.

Additionally, key angel investors included Balaji Srinivasan and Jordi Alexander. Aniket Jindal, co-founder of Biconomy, expressed confidence in the vision to empower web3 developers and appreciated the support from investors.

The altcoin describes itself as decentralized, providing plug-and-play APIs to facilitate transactions between blockchain networks, aiming to simplify dapp development.

BICO Price Increase

(This is not investment advice.)

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Market Risks Persist as DePIN Sector Grows

chest

The DePIN sector is experiencing growth, but market risks remain high due to broader economic conditions.

user avatarKofi Adjeman

Virtual Protocol and Akash Network Expand AI Agent and Compute Capabilities

chest

Virtual Protocol and Akash Network have achieved significant milestones in AI agent deployment and cloud compute capacity.

user avatarNguyen Van Long

Internet Computer and Chainlink Drive AI and Oracle Innovations

chest

Recent developments from Internet Computer and Chainlink highlight significant advancements in AI and oracle technologies, including reduced inflation and enhanced support for decentralized applications.

user avatarSatoshi Nakamura

APEMARS Introduces Urgency with Ticking Mechanism

chest

APEMARS has implemented a ticking mechanism that creates urgency for investors as tokens sell out quickly.

user avatarRajesh Kumar

APEMARS Implements Token Burns and Referral Rewards

chest

APEMARS has introduced token burns and a referral rewards system to enhance community engagement and value.

user avatarJesper Sørensen

Iran War Drives Up Borrowing Costs and Inflation

chest

The ongoing conflict in Iran has led to a significant increase in borrowing costs for US consumers, with rising mortgage rates and inflation pressures.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.