Bancor

A Decentralized Liquidity Network.

ERC20 Token

Bancor (BNT)

A new standard for ERC20 tokens that allows smart contracts to connect to a liquidity network, enabling continuous on-chain liquidity throughout the network, without needing to match buyers and sellers.

“The Bprotocol Foundation was established in 2017 in order to promote the adoption of the Bancor Protocol as a global standard for Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Smart Tokens interconnect to form decentralized liquidity networks, allowing even small-scale tokens to thrive. By introducing an autonomous, non-profit liquidity solution, Bancor enables the long tail of user-generated cryptocurrencies to emerge, democratizing access to value creation.”

Buy & Sell
Positives

  • Liquidity. No Need To Match Buyers/Sellers.
  • Strong Team & Advisors
  • Convert Multiple Currencies
  • Decentralized Network
  • Attractive To Big Investors

Exchanges
Concerns

  • Bancor uses lots of hyperbole and jargon to explain the platform.
  • Decentralized atomic swap networks will threaten this business model
  • Raised $153 Million during their ICO. Where this money has been spent is debated constantly.

Official Links
Token Details

Token Type

ERC20

Powered by the Ethereum Network. Can be stored on any ERC20 compatible wallet e.g MyEtherWallet

Token Statistics

Supply

• Ticker: BNT
• Total Supply: 74,621,946
• Circulating Supply: 39,368,042
• Token Use: Used As A Connector For Coins Listed.

Founders

The Team

Or Bachar (Core Developer)
Yehuda Levi (CTO)
Galia Benartzi (Business Development)
More

Industry

& Competitors

• Liquidity Exchange
• Attracting Larger Investors
• Competitors – Atomic Swap Networks

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