BondSwap Success Stories — Kylin and Bridge NFTs Sold Out
We are excited to announce another successful NFT sale using our product BondSwap! The sale featured Bondly Collectible Card Game (BCCG) assets, which combined Bondly’s NFT Universe with the unique DeFi aspects of our respective partners.
The BCCG card sales for our partners sold out in less than 90 seconds. Since the NFTs launched, the cards have seen a 400% price increase on the secondary market and have received over 55,000 social mentions.
The success of these sales through Bondly’s NFT LaunchPad demonstrate how expansive the BCCG universe will be as we integrate original art work and strong technology for our partners.
Over the past week, Kylin and Bridge partnered with Bondly to launch their own unique NFT initiatives. Bondly worked directly with Kylin and Bridge, respectively, to help them strategize and execute the launch of their customized NFT’s. Each NFT sold provides unique utilities to each community.
Each NFT card asset requires $BONDLY tokens to purchase. To access future sales, holders will need $BONDLY tokens and will need to meet specific Bondly staking requirements.
Both launches sold out in under 60 seconds with a combined volume of $140,000!
It is also worth noting that demand, based on live site viewers and attempted transactions, outstripped supply by more than 10X!
Brandon Smith, CEO of Bondly Finance, had this to say, “We are excited to partner with innovative crypto and DeFi solutions as we explore new use cases for our new product, BondSwap. Our NFT LaunchPad has shown some massive success with the release of our new partners BCCG NFTs. With the success of our Kylin Network and Bridge Mutual partnerships, we’re excited to explore new ways to integrate BondSwap with future partners.”
Bondly x Kylin Partnership
The strategic partnership between Bondly Finance and Kylin Network will represent a path for both projects to strengthen their positions in the Polkadot ecosystem and blockchain at-large through exploring innovative and synergetic business models.
The relationship and success between these two projects extends well beyond the NFT launchpad. Bondly will be utilizing Kylin as a premier oracle, providing on and off chain data for BSwap and BProtect whilst Bondly explores innovative and forward thinking solutions within Kylin’s data marketplace.
The partnership includes further exciting initiatives that include exploration of Kylin Network operationalizing aspects of their business model via NFT through Bondly’s NFT-based card game, BCCG.
Our first NFT sale with Kylin was a massive success. A total of 100 cards were sold for a total volume of 20 ETH and 250,000 $BONDLY.
Kylin Network NFT: https://opensea.io/assets/0xe3782b8688ad2b0d5ba42842d400f7adf310f88d/15
Dylan Dewdney, CEO of Kylin Network:
“The partnership with Bondly is super exciting, not only from the standpoint of Bondly being able to integrate more closely with our oracle services and data marketplace, but for us to actualize some aspects of our business model in a cutting-edge way via NFTs. We really look forward to working very closely with the team at Bondly as time goes on.”
Bondly x Bridge Mutual Partnership
Bondly’s partnership with Bridge Mutual brings new benefits to both ecosystems. First, as our partner, users can join the Bridge Mutual Insurance ecosystem by purchasing BMI tokens and staking BMI in Bridge coverage pools.
Second, Bondly helped Bridge Mutual with the creation of high-quality non-fungible tokens representing a variety of assets. With the successful launch of Cassius NFT and River NFT, the Bridge Mutual community saw new utility as these NFT holders will receive $BMI token airdrops over time.
The Bridge Mutual NFTs sold out in under 40 seconds. A total of 175 cards were sold for a total volume of 30 ETH and 400,000 Bondly!
We look forward to our partnership with Bridge Mutual and the unique utility we can bring to the NFT ecosystem together.
Bridge Mutual NFT: https://opensea.io/assets/0xe3782b8688ad2b0d5ba42842d400f7adf310f88d/12
“At this time, Bridge Mutual has planned 3 different types of NFTs that will be used within our system. We’re very excited to announce the first type of NFT we will have, which is the most simple in function and form: a collaborative artwork NFT with Bondly that will airdrop BMI tokens to the holder of the NFT over time, as well as provide other utility in the Bondly trading card ecosystem.” — Mike Miglio, CEO and Co-Founder of Bridge Mutual
After our first core product, BondSwap (BSwap) launched in early January it gives us great pleasure to see successful use cases for this technology already being integrated.
As we had many successes with these first 2 launches, we would also like to acknowledge a few areas where we can improve.
First, the front-running bot issues experienced in the window between the go live of our smart contract and our BSwap UX is something we are aware of and addressing immediately.
In an effort to give back to those who experienced this issue, we have worked with our partners to create a utility enabled promotional NFT that will be airdropped to those who experienced network difficulties. More information on this airdrop will be provided soon by each respective partner.
Pipeline Partnerships and Price Action
Moving forward, Bondly will continue to position itself as an industry leader and innovator within the digital asset space.
The NFT LaunchPad is just the beginning with the promise of more blue chip projects coming through the system as we speak!
With the success the NFT LaunchPad has seen with the launch of their first two initiatives, we are excited to invite new companies to explore NFT initiatives with their communities.
Contact us if you’d like to be involved in a similar offering: firstname.lastname@example.org
About Kylin Network
Kylin Network aims to build a cross-chain platform powering the data economy on Polkadot. It will be the data infrastructure for the future DeFi and Web 3.0 powered by Polkadot. Kylin Network hopes to provide valid, reliable, secure, cost-effective, and easily-coordinated data sources and data analytics.
About Bridge Mutual
Bridge Mutual is a decentralized, discretionary p2p/p2b insurance platform that provides coverage for stablecoins, centralized exchanges, and smart contracts. Its platform allows users to provide insurance coverage, decide on insurance payouts, as well as get compensated for taking part in the ecosystem. Having vastly oversubscribed in its private sale, Bridge Mutual’s token, $BMI, is primed to have an explosive TGE on January 30th, 2021.
Bondly is an interoperable, transparent, and portable swap protocol designed to revolutionize traditional escrow methods and make everyone into their own digital marketplace. Our family of trust-enabling DeFi products is designed to be a part of everyday buying and selling activities, giving peace of mind for swap or online purchases. Our product BondProtect is a DeFi enabled eCommerce gateway specializing in integrating into your favorite online marketplaces very simply and easily with no integration fees, just staking tokens.