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The Bancor Protocol (BNT)

Blockchain Infrastructure

Overview

Bancor allows users to convert between any two tokens on Bancor network, with no counterparty, at an automatically calculated price.

Features

Bancor Protocol will standardize Smart Token configurations with traditional fixed supplies.

The Bancor Protocol does not require conversion fees for operating profit, but rather benefits from increased adoption as the network of tokens expands and the number of users grows.

Bancor Protocol does not require this profit in order to operate, and decentralized spreads may be introduced in order to encourage adoption of the network, benefiting all participants.

The Bancor Network for decentralized liquidity can be used as an alternative to centralized token exchanges for any token that is connected to the network with numerous positive implications.

Bancor Smart Token is always ready to both buy and sell itself, potential album buyers would be able to get the tokens they need without delay, at a price mathematically calculated relative to the current buy and sell volumes.

Bancor Network Token (BNT) is used as the hub Network Token, connecting all tokens in the Bancor Network.

The Bancor Protocol advances the domain of asset exchange by introducing a technological solution to the double coincidence of wants and resulting liquidity problem faced by smallscale tokens.

Crowdsale

Token Sale
ICO start date 10 Jun 2017
ICO end date 10 Jun 2017
Raised 153,000,000 USD
Legal
ICO Platform No
Token details
Ticker BNT
Additional Token Emission No
Token distribution

TBA

Funding Rounds

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
Done Done NA NA NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info NA
Risk score Info NA
The Bancor Protocol ICO Contacts
Website

Trading

(BNT)
$1.5691
2.22% 24H
ETH
return 0.49x
Start ICO 10 Jun 2017
End ICO 10 Jun 2017
Token BNT
Price 1 BNT = 3.9 USD
MVP No
Whitepaper View
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