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 📈

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 🧩

Make sure you sign up to the white list to see what our card can do for you 💳

"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 🚀

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.

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? 👀

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 👏

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 💳

Introducing the first of our team members, co-founder and head of crypto - Dave Macintyre 🚀

Dave is in charge of Bind’s cryptocurrency arm and is responsible for the Bind token. This involves overseeing smart-contract development and bringing the Bind token ecosystem to life. He leads Bind’s cryptocurrency marketing efforts and creates an exceptional UX within the Bind app 📲

Dave brings several years of experience working with cryptocurrency projects from inception to launch. He is also a partner in the digital advertising agency BADS, which has spent over $100m helping companies increase brand exposure and user acquisition, including brands such as Binance and Kucoin 🚀

Dave has been investing in cryptocurrency since 2017 and has provided seed investment to several projects over the years. He believes digital assets will profoundly impact all sectors and understands how to realize the potential for merchants, consumers, and investors 🙌

#bindteam #bindtoken #cryptocurrency