Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows N/A.
Biconomy stands as a multichain relayer protocol with the aim of enhancing the user experience and transaction efficiency on decentralized applications (DApps). The project's primary objective is to simplify the usage of web3 products, rendering them as intuitive and accessible as their web2 counterparts. Biconomy furnishes an infrastructure to address various web3 bottlenecks: Protocols can onboard users without necessitating gas fees. Users have the flexibility to pay gas fees using their preferred ERC-20 token. Users circumvent blockchain complexities such as network switching. Transactions undergo expedited confirmation. In essence, Biconomy concentrates on transaction management and gas optimization, capable of reducing gas costs by up to 40%. To achieve this, the protocol employs meta transactions, enabling users to execute transactions with zero gas fees, with a third party covering the transaction fees on behalf of the user. By delivering a non-custodial and gas-efficient relayer infrastructure network, Biconomy achieves this scalability.