How does the decentralized recruitment platform Bondex break the dilemma of traditional platforms?
Written by: 1912212.eth, Foresight News
There are two types of talent recruitment in the world: one is recommended by acquaintances, and the other is recruitment platform APP. The former relies on trust, while the latter relies on screening. Generally speaking, when a company recruits talent, it often pays high fees on multiple recruitment platforms to obtain resumes and other information, and then conducts a large number of screenings through human resources, which is time-consuming and labor-intensive. The recommendation by acquaintances can often save costs for the company, after all, it has the trust of acquaintances as an endorsement.
Since everything can be decentralized in the Web3 world, why can’t recruitment be decentralized? Bondex combines traditional recruitment with acquaintance referrals, and shares referral rewards and platform revenue with users.
Bondex recently completed a $4 million financing, with Animoca Brands and others participating. In addition, at the end of March this year, a public sale was launched on CoinList, with a price of $0.08 per coin, raising a total of more than $6.5 million.
What is Bondex?
Bondex is a Web3-enabled distributed talent network that enables Web3 natives and beginners to find jobs by creating a decentralized talent market.
BondexTokenAll users are motivated by digital rewards, and users can play one or more roles: talent, introducer, recruiter or employer.
Bondex 通过代币来激励用户来积极参与网络增长，这只是其一，其二则是用户的网络数据不再归属于平台方，而是由用户掌握所有权和控制权。此外，还可通过价值共享模式提高招聘流程的透明度和高效化，降低招聘成本。
Whether you are a job seeker or a recruiter, after logging in to the recruitment website or downloading the APP to log in, you need to deposit BOND points before you can perform subsequent operations on Bondex. These points can be obtained by filling in information or by direct purchase. However, if the resume and other information materials are not screened, or the recipient refuses the request or does not respond within 14 days, or ultimately fails the screening stage, it will be defined as a failure and BOND points will be deducted. These points have a certain proportion in obtaining token airdrops.
Similarities and Differences in Differentiation
The basic operation is similar to traditional recruitment platforms
Unlike some Web3 applications, Bondex actively absorbs the advantages of traditional recruitment platforms instead of just issuing tokens. Bondex not only has products on the PC side, but also has officially launched its APP in channels where users can reach a wider range, such as Apple and Google App Stores. Bondex also launched BOND points as a reward for users to complete their information, etc. Similar to traditional platforms, the points can be used for resume recommendations, unlocking new features, etc.
In terms of user experience, it is no different from traditional recruitment websites, which greatly reduces the adaptation threshold for new users.
It is worth mentioning that Bondex also received donations in May this year and has developed the Telegram Mini application on TON, which is scheduled to be officially launched in Q3 this year.
So what's the difference?
Referral bonus clearly marked
Bondex introduces referral bonuses as an incentive, allowing participants to earn fiat currency, stablecoins or tokens. What is the difference between this approach and traditional Web2 giants? The answer lies in the scope. In the past, only employees of giant companies were eligible to share recommended positions, while Bondex opened the channel to everyone. In addition, not all talents use multiple job search apps, and some real talents are even hidden on Twitter, TG, etc. Now users only need to share the link to the referrer, and the referrer can apply through the link.
In addition, the bonuses for referrals were not transparent in the past, but Bondex clearly marked all referral bonuses to increase transparency and thus incentivize users to promote.
For the positions in the picture, the amount of reward for successful recommendation will be marked in a prominent position. This means that when the applicant successfully joins the company and becomes a regular employee, he/she will receive the bonus.
Reduce recruitment costs
In traditional recruitment platforms, recruiters need to spend a lot of time and energy to screen candidates. In addition, recruiters need to pay a considerable membership fee on the platform to download resumes and view the talent pool. When it comes to headhunting, the fees paid will be even higher. Most of the fees are paid to third-party intermediaries. This does not mean that they have no value, but they are relatively costly.
Bondex focuses on the talent pool in the Web3 field, which saves a lot of time for both job seekers and recruiters because of its vertical positioning. In addition, Bondex will also use machine learning and internal talent assessment teams to review candidates' skills and matching degree according to the position, and then conduct tests and interviews, so as to quickly review and verify the authenticity for business owners and reduce recruitment costs.
Platform revenue is shared with users
As an intermediary platform, traditional recruitment platforms obtain a large number of job seekers and resume information for free, but users do not receive any benefits from the platform. On the contrary, the information data is sold to business owners to make a lot of money.
Bondex launches its token and distributes product governance rights to token holders. Bondex will use the product revenue to repurchase platform tokens BDXN in the open market and distribute them to users regularly, initially once a quarter and gradually transitioning to monthly. BDXN's revenue sources include the following:
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In-app purchases
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Corporate membership fee
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Promotional income
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Traffic and advertising revenue
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Bounty
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Premium User Membership Fee
The tokens that users ultimately receive will be airdropped based on three factors: user reputation, the quality and frequency of interactions within the network, and the number of locked tokens.
Tokenomics
The total amount of its platform's native token BDXN is 1 billion, including 7% in the angel round, 3% in the seed round, 8% in the public offering round, 10% in liquidity/market making, 4% in consultants, 16% in the team, 28% in ecological rewards, 18% in the treasury, 4% in marketing, and 2% in airdrops.
The minimum criteria for users to receive the airdrop are: complete personal information, uploaded resume, invited and successfully registered 3 contacts, and used the platform for 3 months. The airdrop will be collected at BDXN's TGE time, which is July 10. At the same time, the official announcement was made that a well-knownexchange.
The utility of BDXN tokens includes three aspects: the redistribution of value (through airdrops to users and Bond points transactions) and lock-up, the second is to grant holders governance rights, and the third is to generate income for users.
Bondex revealed in its official white paper that in addition to the above plans such as token TGE and token distribution, it will also create on-chain professional identities, add discovery function columns, message columns, education markets, and news information flows, etc.
The article comes from the Internet:How does the decentralized recruitment platform Bondex break the dilemma of traditional platforms?
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