Biconomy (BICO) is a multichain relayer protocol that supports the seamless development of decentralized applications (dApps), with the aim of reducing transaction complexities to improve the end user experience. Its mission is to drive the widespread adoption of web3 by making web3 products as intuitive as web2’s. BICO, an ERC20 token minted on Ethereum, is the native token of the Biconomy blockchain.
Biconomy’s versatile software development kit (SDK) enables developers to effortlessly customize Application Programming Interfaces (APIs) and modular solutions. This brings blockchain-agnostic, web2-like experiences to dApps. Integrating with Biconomy’s SDK is a swift process, through its non-custodial and gas-efficient relayer infrastructure network.
Biconomy’s protocol offers cross-chain asset transfers where users can instantly transfer assets across different chains, supporting a greatervariety of cross-chain use cases, where multi-chain dApps can interact and communicate with smart contracts on multiple chains, without having to move to that chain.
Users and dApp developers can enjoy seamless, intuitive, and efficient one-click in-dApp experiences, instead of having to go through manual steps to use assets and engage with dApps between chains. Developers are empowered with advanced tools to alleviate UX complexities, enhance user engagement, and scale dApps.
Batching transactions in a dApp allows the execution of multiple cross-chain interactions in a single transaction, such as both deposit and approval in the same transaction.
With conditional gasless, developers can specify which users are eligible for gasless transactions and which ones are not based on preset conditions such as NFT or Token Whitelisting. This presents an option for dApp owners to sponsor gas fees for users who meet certain criteria.
Instead of building functionalities from scratch, developers have access to a vast library of programmable modules through Biconomy’s Smart Accounts platform. The platform is akin to a toolbox for developers. Each module represents a specific functionality or feature, which can be added or removed based on different requirements. By choosing different combinations of modules, developers can customize the user experience (UX) to fit specific needs. As the variety of modules grows, the potential ways to customize and enhance the user experience expand exponentially.
