BIND.COM | Official Announcement Channel – Telegram
BIND.COM | Official Announcement Channel
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Binding Yesterday With Tomorrow. Official links - https://linktr.ee/binddotcom
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The future is in your hands…

Bind Card coming 2023 💳
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We have been working hard in the background to ensure we deliver on the promises in our whitepaper. While we have been quiet on our progress to date, we are preparing to provide the Bind Community with weekly product development updates and an up-to-date roadmap as we come nearer to our token generation event and our go-live date.

The Bind team has been working day and night to provide three products in parallel: the User app, The Bind Merchant product suite, and the Bind token. To bring the Bind ecosystem to fruition, each of these verticals must work in tandem, and this proved to be a challenging journey. We are currently on the home straight and are proud to lay out the product development that has happened to date 🏁
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We can’t wait to show you what’s coming in 2023 👀
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The trickiest element of developing a user app that links the banking world to the crypto world has been creating the backend infrastructure and middleware that has made the user experience seamless, low cost and easy to understand 📲

We have developed a feature rich MVP that will allow users the ability to utilise the fundamental elements of the Bind ecosystem. With the MVP users will get a fiat wallet, crypto wallet, Bind card and access to the Bind exchange where they can buy, swap and trade their crypto portfolios. From the get-go the Bind card will allow users to spend their crypto and fiat whilst earning Staked Bind tokens as rewards. Further to this we have developed a staking portal that is easily accessible from within the app, this will allow users to access their staked Bind and to stake Bind tokens themselves 😎

Stay tuned!
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Hello friends!
You have 4 more days to enter the Christmas Photo Contest and win 500 $BIND tokens 🤑

Take a photo with the Bind website on your gadget in a Christmas atmosphere🎅

❗️Mandatory conditions:
Post a photo on your Instagram or Twitter, put #BindXmas, and tag our account.
Only real photos are allowed in the competition, not designs.

💰 5 best photo authors will receive $500 BIND tokens each

Deadline – December 24

Good luck and Christmas inspiration to all!
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The future is just one tap away…
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An integral part of the Bind ecosystem is our ability to empower merchants. We are on a journey to build the worlds leading merchant payment infrastructure. To successfully become the payment infrastructure of the Future, we understand that we must provide three key things to Bind merchants: Fast settlements, low costs, and digital experience. Our products are built to suit every merchant, from brick-and-mortar retailers to Defi onramps 📲

We had to build this infrastructure to create a compliant and modern system. We have faced many challenges in designing a backend that allows merchants to accept digital asset payments in-store whilst maintaining the regulatory requirements. We have currently developed a merchant portal in-app and are in the process of finishing off the browser portal, this will allow merchants to easily access their companies' finances and see the performance 📈
Friends, we are happy to announce that the Christmas competition is over, and we have winners 🥳

It was a charming contest, and thanks to everyone for raising the Christmas mood😇

Everyone winners get 500 BIND tokens. Stay tuned with BIND for new contests 😏

Congratulations 🎉
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The Bind token is where the value from the Bind ecosystem will lie when it is in full swing. We have spent countless hours trying to work out the intricacies of our blockchain development and iron out the flaws, whilst it is a layer 2 solution, we have a clear idea of how we see the system evolving, and building staking solutions that are tailored to our needs has proven challenging 🤓

We can break down the Bind blockchain development into four areas: vesting, “Staking on behalf of,” user staking, and merchant staking pools.

The vesting contract is only applicable to parties that work directly with the Bind protocol, as opposed to users of the Bind products. This allows users of the Bind ecosystem to verify on-chain that investors, partners, team members, and advisors are locked in for 25 months and receive their tokens as per the vesting schedule. This development is completed 🧩
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Make sure you sign up to the white list to see what our card can do for you 💳
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"Staking on behalf of" has been one of the largest challenges to develop for our ecosystem. The Bind reward system pays merchants and users staked bind tokens when transacting within the Bind ecosystem.

🤩 We have developed a mechanism that allows the admin wallet to deposit tokens on behalf of other wallets. As soon as the tokens are placed in the staking pool, the staking of the tokens is transferred to another wallet.

We have implemented mechanisms that allow interaction between our "Pay-In" Pool and our "Pay-out" Pool.

We ran into a lot of problems, and it wasn't easy; however, we are proud to have resolved all issues and are currently in the process of testing our blockchain development 🚀
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Australia has overtaken El Salvador in becoming the 4th largest crypto hub in the world! 🇦🇺

With 0.6% of the world's total crypto ATM machines - or 225 machines. Most of them are located in Melbourne (65), Sydney (48), and Brisbane (33) 🏧
Anywhere.

Any time.

Any place.
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Tell us what products are in the photo 🤔

Correct entries stand a chance to win 50 $bind tokens 🏆

To be eligible for the prize, you must tag at least 2 friends, retweet with the hashtag #bindmarketplace

What are you waiting for participate now 💨
#Bind #bindtoken
Which of these surprises you? 👀
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The final section of the Bind blockchain development is the merchant staking pools. This entailed allowing users to stake into pools created by merchants, whereby the merchant would receive the staking rewards 🌟

The ownership of these tokens is never transferred to the merchant. We designed this feature to allow merchants to create engagement with their customers and earn revenue without charging their customers anything. The development of this product was straightforward and completed 👏
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The Bind Card is designed for you.

Get up to 8% cash back on every transaction 👀

Airport lounge access with a guest ✈️

And of course, pay with crypto 💳
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These will keep you warm during this cold, cold Crypto winter ❄️
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