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Whitepaper 2.0 | Bondex
Whitepaper 2.0 | Bondex
  • Preface
  • Disclosure
  • 1.0 Re-Introducing Bondex
    • 1.1 The Future of Work, Collaboration and Social
  • 2.0 Our Values
  • 3.0 The Downfall of Web 2 Social Networks: Mistrust and Data Misuse
    • 3.1 Absence of data ownership and privacy
    • 3.2 Exploitation of data for profit
    • 3.3 Misaligned incentives in professional networks
  • 4.0 Web3 Social Platforms Show Progress But Still Fall Short
    • 4.1 Identities are reduced to their wallets
    • 4.2 The average user can’t grasp how the platform works
    • 4.3 Speculation overpowers tangible value
    • 4.4 Difficult to balance quality and growth
    • 4.5 Driven by attention-focused metrics
  • 5.0 Bondex’s Blueprint for Social Network Disruption
    • 5.1 Driving mass adoption to web3 with web 2.5
    • 5.2 Leveraging talent as the launchpad for growth
    • 5.3 Embedding trust and reputation within the ecosystem
    • 5.4 Creating comprehensive digital identities
    • 5.5 Building a sustainable web3 business model
    • 5.5.1 Unlocking Monetization Through a Fully Integrated Ecosystem
  • 6.0 How We’re Engineering the Future of Web3 Social
    • 6.1 The Bondex Mobile App: Our rewards engine
    • 6.2 Bondex Jobs Portal: Our growth catalyst and go to market hook
  • 7.0 The Road Ahead for Bondex
    • 7.1 $BDXN Token: Enabling Revenue Sharing
    • 7.2 Bondex ID: The Future of Professional Credentials
    • 7.3 Bond: The World's Most advanced Social Economic Network (SEN)
    • 7.4 The Bond Ecosystem: The Future of Work, Collaboration and Social
  • 8.0 Roadmap
  • 9.0 The Team & Advisors Building Bondex
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  1. 4.0 Web3 Social Platforms Show Progress But Still Fall Short

4.2 The average user can’t grasp how the platform works

Web3 networks are too complex for the average user, making it difficult for mass adoption to take place.

The steep learning curve—requiring the average user to understand private keys, gas fees, and decentralized applications (dApps)—limits the appeal of web3 to a niche audience of crypto-savvy individuals.

To attract a broader audience, social platforms should:

  • Abstract technical complexities: Platforms need to hide the underlying blockchain operations, offering experiences that are intuitive and simple to navigate.

  • Focus on familiar interfaces: Mimicking the usability of Web2 apps is crucial to engage a larger audience.

Deliver frictionless onboarding: Sign-ups, transactions, and user interactions should be as easy as creating an account on Web2 apps like Instagram or Gmail.

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Last updated 8 months ago

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