Biconomy
BICO#892 by market capQualifies for a record and its pages are captured daily, but the record has not been written yet.
Biconomy is for infrastructure other projects run on. We have not written its record yet, so its promises are not checked. It trades at $0.019, #859 of all coins by size, 100% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. #5 of 11 account abstraction coins. Nothing to be careful of on the record.
Is it real?
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3 of 4
- ✓A real-world jobReal-world purpose: infrastructure other projects run on
- ✓Real backingBacking: backed by Coinbase Ventures; trades on Coinbase, Crypto.com, Kraken
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $19.05M, 12 times smaller than Trust Wallet, the biggest coin within reach doing the same thing (Account Abstraction)
Backed by Coinbase Ventures
- Origin1 December 2021about about 4 yearsbiconomy.io, GitHub
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingCoinbase VenturesInvestor tags from CoinGeckoListed on Coinbase, Crypto.com, Kraken, Binance
- Standing on the recordNo recordNo dated promise to judge yet0 headlines last monthNo corrections needed so far
It is already worth more than the typical coin in Account Abstraction ($8.56M). To match the leader, Trust Wallet ($220.92M), its price would need to rise 1060%, to about $0.2209.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- Only 0 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Infrastructure other projects run on
0 coins tagged Infrastructure, worth $0 together. .
Account Abstraction: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Biconomy$19.05Mthis coin+1.8%100% outno record
Trust Wallet$220.92M11.6× bigger, +$201.87M−3.3%, gap −5.1no maxnone dated
IoTeX$28.75M1.5× bigger, +$9.71M−8.8%, gap −10.694% outno record
HOME$22.47M1.2× bigger, +$3.42M−4.1%, gap −5.943% outno record
SKALE$22.27M1.2× bigger, +$3.22M−2.9%, gap −4.787% outno record
Ambire Wallet$8.67M2.2× smaller, −$10.38M+0.1%, gap −1.772% outno record
NERO Chain$8.46M2.3× smaller, −$10.59M−0.2%, gap −2.0100% outno record
Send$6.2M3.1× smaller, −$12.85M+0.5%, gap −1.336% outno record
Account Abstraction: this coin next to Trust Wallet, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Biconomy says
- Biconomy provides plug-n-play APIs to make web3.0 user-friendly & frictionless.
- Trust Wallet says
- Trust Wallet is a free app people use to hold, send, and trade cryptocurrency themselves, without a company holding it for them.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Biconomy provides plug-n-play APIs to make web3.0 user-friendly & frictionless. Biconomy is on a mission to make the decentralized web accessible to everyone.
Problem it says it solves: infrastructure other projects run on.
Where it trades: Coinbase, Crypto.com, Kraken, Binance, Binance US
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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Account Abstraction: this coin next to the group's largest, Trust Wallet.
| Biconomy | Trust Wallet | |
|---|---|---|
| Years trading | 5 years | 6 years |
| Major exchanges | 9 | 4 |
| Named backers | 1 | 0 |
| Headlines, last month | 0 | 29 |
| Promises delivered | no record | no record |
What it says is different: Biconomy provides plug-n-play APIs to make web3.0 user-friendly & frictionless. Biconomy is on a mission to make the decentralized web accessible to everyone.
It is 8.6% the size of Trust Wallet. On the facts above it is behind on years trading, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $21.45 on 1 December 2021. Today is 0% of that.
100%
of all BICO that will ever exist is already out in public hands: 1000M coins.
0% (0 coins) is already created but not in public hands, held by the project or locked in escrow. That is a small share. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Its pages do not say what holding it gets you
That is worth knowing before buying. A coin nobody needs is priced on hope.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 1000M of 1B.
- 0coins still to be released, 0% of the maximum. Releases can add selling pressure.
- of its all-time high of $21.45 on 1 December 2021. That is −99.9% from the top.
- #859by market cap, $19,046,068.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
- $100.36K is locked in it right now
From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.
What the news says
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Nothing in the news this month.
Why it movedDown 18% this week. No headline named it in the last three days, so the move is not explained by news we can see.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
The record itself
Qualifies for a record and its pages are captured daily, but the record has not been written yet.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy