Bancor

ICO Ended
351 days 12 hours 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.

General
ICO Dates
12 Jun 2017 - 31 Jul 2018
Whitelist / KYC
Country
Israel
Ticket
BNT
Token Type
Financial
ICO price
1 BNT = 3.9200001 USD
Accepting
ETH
Team
Bernard Lietaer
Foundation Council President
  • 1
    Released Features

    Mainnet Liquid BNT Smart Token. Telegram Chatbot. Facebook Chatbot. User Account & Profile. Enable linking Facebook and Twitter account to user's profile. User-to-user messaging through bot. Follow user profiles.

  • 2
    Demo Environment

    Private chain Support Ether in wallet. Buy/sell tokens through bot. Advance smart tokens activation. Enable users to choose a popular currency in which all amounts would be denominated. Multiple profiles per account.

  • 3
    Next releases

    Buy/Sell from webapp. Web3 integration. Smart-token price history / Market depth chart. 12 words mnemonic account recovery. List and support 3rd barty ERC20 tokens.