Bancor: 18 Months Live [Infographics]

Celebrating the 18-month anniversary since the Bancor Protocol was born, the digital marketing specialists at Cyberius created an infographics, which visually represents all the major goals achieved by the project so far.

The history of the Bancor token project begins on June 17, 2017, when the company managed to attract $153 million worth of Ether in less than 3 hours from 10.855 contributors, making it the second-largest fundraising campaign in the blockchain industry.

According to the official web-site, Bancor represents itself a protocol for the creation of Smart Tokens, a new standard for cryptocurrencies which are intrinsically exchangeable directly through their smart contracts. The protocol leverages an innovative reserve method to enable automatic price discovery and continuous liquidity for tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive.

The open-source Bancor Protocol allows users to create and connect user-generated tokens which are instantly convertible within any environment, giving rise to new dapps, blockchains and token-creation tools.

The detailed infographics you can see below:

Author Eugenia Kovaliova

Eugenia can call herself a multy-interested person, as she is always in search of new proffessional fields to encompass. After graduating from Belarussian State University with Bachelor degree in both International Communication and Public Relations, she joined a travel startup Fresh Adventures, where she worked for 3 years creating unique itineraries through exotic countries, travelling around the world and developing the company as a partner. Currently, she works as a business analyst in the field of information technologies. She believes that IT is the future, that is why it is so important to keep up with the latest trends in this rapidly growing industry.