What is Bondly?
Bondly (BONDLY) is a peer-to-peer decentralized payments solution built on the Polkadot ecosystem to allow cross-chain transactions between friends, family, colleagues and strangers alike. Bondly protocol is designed to be integrated with popular messaging and social media platforms allowing users to create and manage their own digital marketplaces and utilize messaging apps to safely process payments and transfer digital assets between different blockchains. With focus on NFT, Bondly users will soon be able to create, buy and sell non-fungible tokens with support for Binance Smart Chain BEP-721 NFT scheduled for 2021. Bondly offers users a chance to win rare and exclusive NFTs by staking ERC-20 BONDLY tokens. By holding Bondly’s BondProtect PolkaPet, users will receive additional unique benefits including airdrops of partner tokens from Bondly’s NFT Launchpad, bonus NFT staking rewards and PolkaPet NFT lottery entries.
Created using Polkadot bridges, BondSwap (BSwap) provides Bondly users with cross-chain atomic swapping capability to execute secure over-the-counter trades between assets of different blockchain networks. During each cross-chain atomic swap, BOND smart contracts function as an escrow between the sending and receiving wallets on different blockchains, allowing funds to be securely transferred from one token standard to another.
