Biconomy Price BICO

Biconomy aims to improve on the fact that Web3 decentralised applications (dApps) are often overly complicated, require expensive gas fees, and are ETH-specific. Biconomy’s infrastructure allows app developers to easily onboard new users with gasless transactions via their favourite ERC-20 or dApp tokens. Biconomy offers powerful and uncomplicated SDKs – Software Development Kits – and APIs – Application Programming Interfaces – to businesses and developers. This enables a simple and customisable transaction journey to avoid users becoming intimidated by the complexities of the blockchain. Biconomy ensures seamless interactions between an application and its end-users, with the goal of increasing Web3 user adoption.

BICO is Biconomy’s utility and governance ERC-20 token. BICO is used for network fees, and node operators earn BICO proportional to the work they perform on the Biconomy network. Stakeholders – validators, executors, delegators, and liquidity providers – are also incentivised with BICO for securing and maintaining the network. Additionally, BICO is used as a governance token, and holders can propose and vote on decisions impacting Biconomy’s protocol and ecosystem.

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