Bancor

Bancor#92
Bancor BNT 
$0.55675 USD 6.66%

  • 24h Volume: $1.00 M
  • Market Cap: $34.03 M
  • 1h %: -1.39%
  • 1d %: 6.66%
  • 7d %: -19.72%
  • 1m %:-59.12%
1D 7D 1M

Summary


Bancor is a protocol that allows for the creation of smart tokens. Every smart token holds another token or cryptocurrency in reserve to allow for continuous price liquidity through the use of smart contracts. Its native token, Bancor Network Token (BNT), is built on the Ethereum blockchain and only uses ether as its reserve. All other smart tokens on the Bancor platform uses at least one token, BNT, as reserve. Anyone can instantly buy or sell a smart token in exchange for one of its reserve tokens. There is no need to deposit into an exchange to buy or sell smart tokens on the Bancor platform. Demand for any smart token drives up the price of BNT, benefiting all other smart tokens. BNT adds stability and liquidity to all smart tokens by acting as a reserve.

Core Statistics

Founder(s) Galia BenArtzi
Email contact@bancor.network

Bancor Pricing Data

Price $0.55675
24h Volume $1.00 M
24h Change 6.66%
Market Cap $34.03 M
Current Supply 61.12 M
Total Supply 77.42 M
ICO Date: 2/13/2017