BANCOR Network

  • Open:
    June 12, 2017
  • Deadline:
    June 12, 2017
  • ICOscale:
    not specified
  • Currency:
    Ethereum
  • Category:
    Past ICO

Links

 Website
 Blog
 Whitepaper
 Facebook
 Twitter
 Linkedin (not available)
 Slack chat 
 Telegram chat
 Github 

Overview

Symbol BNT
Crowdsale opening date 12. Jun 2017
Crowdsale closing date 12. Jun 2017
Concept 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.

Team

Members Guy Benartzi – Foundation Counsel

Eyal Hertzog – Foundation Counsel

Yehuda Levi – CTO

Galia Benartzi – Business Development

Ilana Pinchas – VP Engineering

Or Bachar – Core Developer

Asaf Rachman – Core Developer

Omry Rozenfeld – Core Developer

Mati Levi – QA Engineer

Itay Dreyfus – Product Designer

Country of origin (data missing)