Bancor

Bancor (BNT)

Promote Your ICO Listing

Overview

Symbol:
BNT
Token sale opening date:
12 Jun 2017 (3 years ago)
Token sale closing date:
12 Jun 2017 (3 years ago)
Description:
The Bancor protocol is a standard that allows anyone to easily create completely liquid “smart tokens” that calculate their own prices & enable a single party to convert any token to another, without requiring a second party to exchange with. Thereby enabling the long-tail of completely liquid cryptocurrencies. Smart tokens hold other tokens in reserve, and can be used as decentralized token baskets (like ETFs), token changers (like shapeshift), project & protocol tokens (like GNT & REP), community currencies (like Ithacash & reward miles), and a lot of other use cases. The BANCOR network token will hold a single reserve in Ether. Other smart tokens, by using BANCOR as (one of) their reserve(s), connect to the BANCOR network. The BANCOR network token forms a monetary structure where increased demand for any of the network’s smart tokens drives up the value of the common BANCOR token, benefiting all other smart tokens holding it in reserve.

Details

Country:
Israel

Team

Members:

Bernard Lietaer - Foundation Council President

Guido Schmitz-Krummacher - Foundation Council

Guy Benartzi - Foundation Council

Yehuda Levi - CTO

Bancor News

Bancor Bans US

For the first time, an ethereum based decentralized exchange has decided to ban US residents from accessing its website. “Beginning… read more
Load more articles
Disclaimer
The information provided here does not constitute investment advice, financial advice, trading advice or any other sort of advice and you should not treat any of this content as such. None of the information should be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. We do not endorse or rate any initial coin offerings or cryptocurrencies listed or mentioned, nor do we encourage our readers to invest in anything. Investing in initial coin offerings or any cryptocurrency is considered a speculative and high-risk activity and we strongly encourage all investors to perform their own due diligence and consider their own circumstances before considering an investment.