Let's talk about a project called Bondex, which will be launched on Binance Alpha and Future tomorrow. I don't think many people have mentioned it in the Chinese section Simply put, the project is to create a 'Web3 version of LinkedIn', an old project that started in 2021 and experienced a bear market outbreak. Last year, we raised a total of $10 million in funding from venture capitalists including Animaca Brands, Morningstar Ventures, Chainlink Labs, and others It can be considered a non consensus opportunity. At first glance, it may seem like another ID mint tool, but in fact, @ bondexapp wants to create a one-stop recruitment and career social platform that combines on chain resume, bounty referral, and reputation points. The partners include traditional Web 3 giants such as Binance, Aptos, Solana, Blockchain, and CoinMarketCap Anyone who recruits knows that this industry relies more on network recommendations than overseas resumes, and achievements and reputation are much more important than academic qualifications and beautiful titles. Traditional Web2 headhunters often charge a commission of 20% -30%, which is inefficient and data intensive. Once calculating the ROI of a recruiter, it is difficult to distinguish between real and fake resumes and fake headhunters Let's talk about product data. The platform claims to have over 5 million downloads and 2 million active users now. I roughly looked at the website's features, and it's not the kind of task platform that drives traffic. The data moisture should be decent, and it's probably because Binance took notice of this that this project was promoted to Alpha In terms of competitors, Braintrust and LaborX are on the same track. Braintrust， We are taking a mixed route of "high-end headhunting+remote freelance"; LaborX is more like the Web3 version of Upwork. At least in terms of valuation, we can refer to Coinbase's Braintrust Speaking of tokenomics, the total amount is 1 billion, with a quarter reserved for user incentives, the team and treasury each accounting for just over 10%, public and private equity combined for about 20%, and the remaining scattered for airdrops and consultants. I also learned Curve and double locked the warehouse Let's talk about the two acquisitions of Web3Careers and 3RM that nobody has mentioned, especially Web3Careers, which is currently the top ranked job website in terms of traffic on Web3, with over 1.7 million monthly active visitors and 59000+job positions. Now the entire site has been merged into Bondex, directly including the "job search entrance". After the market share increases, the growth of product data also reflects to some extent the increment of this industry. See if the project team will release a talent report similar to LinkedIn, which may also be a good perspective for analyzing industry cycles In short, we should focus on emotions and liquidity in the short term, and strive for closed-loop recruitment and DAO governance in the long term. BDXN is a liquidity experiment that puts "employee resumes" on the blockchain. Whether it can cross the bear bull market depends entirely on whether Bondex can convert 5 million downloads into 5 million real offers