Bancor Protocol™ is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “Connector” method to enable formulaic price calculation and continuous liquidity for all compliant tokens, without needing to match two parties in an exchange. Smart Tokens™ interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive.
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Bancor Network Details
Operating Status:Active
Business TypePrivate
HeadquartersZug, Switzerland
Founded Date Mar 1st, 2016
Organization CEOGuy Benartzi
FoundersEyal Hertzog, Galia Benartzi, Guy Ben-Artzi, Yudi Levi
Bancor has said it is currently testing and auditing the Dual Rewards and Auto-Compounding Rewards features and plans to activate them in the weeks ahead.
