# Biconomy (BICO): D-Score 31/100 — Centralized Leaning

**BlockIndex D-Score: 31/100 (Centralized Leaning).** Biconomy (BICO) is a Layer 2 cryptocurrency using PoS consensus. Biconomy: Modular multi-chain execution and account-abstraction infrastructure powering composable supertransactions and staking-based node economics.

_Source: https://blockindex.ai/coin/bico · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 31 |
| Node distribution | 0 |
| Initial distribution | 0 |
| Governance | 20 |
| Age and history | 11 |
| Autonomy | 0 |

## Key facts
- Layer: Layer 2
- Consensus: PoS (N/A)
- Launch: Other (2021)
- Founder: Sachin Tomar, Aniket Jindal
- VC funded: Yes
- Max supply: 1,000,000,000
- Circulating: 1,000,242,811 (100.0%)

## Market data (as of 2026-06-19)
- Price: $0.02
- Market cap: $20.46M
- 24h volume: $2.58M
- 24h change: +4.70% · 7d change: +6.53%

## About
Biconomy (BICO) is a modular blockchain infrastructure and execution-layer protocol designed to simplify cross-chain interactions and improve end-user and developer experiences across multiple blockchains. The project focuses on abstracting complexity associated with multi-step and cross-chain workflows by providing developer-facing products such as Nexus Smart Accounts (modular account-abstraction smart accounts), the Supertransaction API (a composer/orchestrator for coordinated multi-step flows), and the AbstractJS SDK for seamless integration. Biconomy positions itself as an integration and orchestration layer that enables wallets, dApps, and enterprises to offer account abstraction, gas abstraction, and composable transaction flows that can be executed across chains with a single user signature. The project emphasizes production usage and enterprise adoption, with documented wallet integrations and claims of substantial transaction volume and smart account deployments.

At a technical level, Biconomy operates primarily as an ERC-20 token on Ethereum while providing a Modular Execution Environment (MEE) that manages multi-chain execution and node economics. Rather than being a classical layer-1 blockchain, Biconomy is presented as an execution/integration layer (classified in the provided materials as layer2/infrastructure) that coordinates node operators (MEE nodes) to execute and sponsor transactions across chains. Key technical features include support for account abstraction patterns, modular smart accounts conforming to account-abstraction standards, gas abstraction enabling sponsored fees in multiple ERC-20 tokens, and composable supertransactions that allow multiple on-chain operations to be bundled and executed atomically. The architecture centers on developer tooling and APIs that expose these capabilities while the token (BICO) supplies economic incentives for node operators, staking collateral, and governance participation.

In terms of real-world use and adoption, the sources document multiple integrations with wallets and enterprise platforms, highlighting partnerships and production usage as indicators of product-market fit. Wallet integrations explicitly mentioned include Trust Wallet and Gemini Wallet, and the ecosystem claims millions of smart accounts deployed and tens of millions of transactions processed through Biconomy’s orchestration layer. Typical use cases for BICO and Biconomy infrastructure include sponsored transactions for improved UX (users pay no native gas or have gas abstracted), cross-chain transaction orchestration, developer tools for integrating account abstraction, and enterprise-grade APIs for building complex multi-step flows. The project’s metrics, as presented in the provided materials, point to significant on-chain activity tied to the infrastructure layer rather than to a single canonical base chain.

Tokenomics and economic design are described in the sources with a 1,000,000,000 BICO max supply and circulating supply reported near ~985M (≈98.5% circulating) as of snapshots in October 2025. The tokenomics show detailed allocation buckets (team & advisors, foundation, private rounds, seed, pre-seed, strategic investors, public sale) and vesting schedules; these allocations result in a sizable proportion of tokens categorized as pre-issued or insider allocations in the provided extraction. Governance uses BICO token-holder voting to influence protocol changes and treasury allocations, and the token is used economically to reward MEE node operators and as staking collateral. The available materials report PIP (pre-issued percentage) as approximately 56.88% based on aggregated allocation items in the scraped tokenomics. No explicit premine nor a fair-launch claim is documented; premine is reported as 0% in the extracted DScore fields (consistent with ERC-20 allocation-based distribution rather than a PoW premine).

Governance and future roadmap items stress on-chain governance by token holders with proposals and voting for protocol changes, treasury utilization, and network parameter adjustments. The documentation emphasizes continued growth via Nexus adoption, expansion of Supertransaction capabilities, deeper enterprise partnerships, and enhancements to developer tooling (AbstractJS). While several production integrations and 2025 ecosystem expansions are cited, specific dated roadmap milestones are not comprehensively enumerated in the provided materials. Security history in the scraped content shows no documented major incidents or chain freezes. The materials also highlight that several DSCORE-critical fields required for a full decentralization/security scoring (precise node counts, some governance details, and exact launch dates) were missing from the supplied datasets and flagged for follow-up validation.

## Links
- Website: https://www.biconomy.io/
- Whitepaper: N/A
- GitHub: https://github.com/biconomy

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore