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Starts
Jun 12th 2017
6 months ago
Ends
Jun 12th 2017
6 months ago

About

​The Bancor protocol enables built-in price discovery and a liquidity mechanism for tokens on smart contract blockchains. These “smart tokens” hold one or more other tokens in reserve and enable any party to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens, directly through the smart token’s contract, at a continuously calculated price, according to a formula which balances buy and sell volumes.

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

Eyal Hertzog
Foundation Council
Guy Benartzi
Foundation Council
Yehuda Levi
CTO
Galia Benartzi
Business Development
Ilana Pinhas
VP Engineering
Or Bachar
Core Developer
Omry Rozenfeld
Core Developer
Asaf Rachman
Core Developer
Mati Levi
QA Engineer
Itay Dreyfus
Product Designer

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