Bancor Network

A decentralized liquidity network for token conversions.

Bancor is a decentralized liquidity network offering a simple, low-cost way to convert tokens directly through a user's wallet. Bancor’s open-source protocol allows integrated tokens to be instantly converted for one another, without matching two parties in an exchange. Convert tokens including ETH and EOS on the Bancor Web App.

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Reviews

  • Carlos DonzeFront-End Developer
    Pros: 

    Bancor offers an incredibly easy way to purchase tokens using ETH without having to deal with an exchange. It's compatible with MetaMask!

    Cons: 

    Wish they had more tokens! Also, the price compared to exchanges can be a little higher.

    I like the idea of decentralized exchanges, but at the moment, they're very slow. Bancor has an elegant solution for when I want to quickly exchange ETH to other tokens.

    Carlos Donze has used this product for one month.
  • Pros: 

    Bancor is really easy to use!

    Cons: 

    No cons

    Bancor is a very smart way to deal with the liquidity issue and they've made a very easy to use platform with a user friendly UI. Quite nice!

    Observer AmaZix has used this product for one month.

Discussion

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Yulian Kuncheff@daegalus · Sr. Devops Engineer, Playstation
Not a very well done ICO. They did a 1 hour uncapped ICO, close to the 1 hour mark, they extend it to 3 hours. Then they end it at 3 hours, then post a cap of 250k ethereum, and that they made 400k ethereum. As soon as they ended, it showed up on exchanges, and was pumped by private investors for more. They then got more funding from a investment fund. Very greedy ICO, not sure what a startup needs $200 million in funding for.
Dimo TrifonovHiring@denull · Founder of @feeld
@daegalus I wonder if it will ever actually reach that value for real. I like the concept and truly looking forward to using Bancor.
Peter Blanco@blancotech_ · Product + Tech = Me | @Cornell Alum
Can someone explain this in layman's terms?
Eddy Azar@eddyeazar · Growth Hacker @ NowFuckingGrow.com
@blancotech_ medium.com/@eddyeazar/bancor-a-new-global-financial-system-where-every-currency-can-be-liquid-eafcc5c7165a
oh damnnnn just realized I missed the ICO :(
Scott Loader@scottloader · Serial Entrepreneur/Full Stack Developer
The ICO came and went in about 3 hours. They raised about $140M USD in the process. Crazy!
Eddy Azar@eddyeazar · Growth Hacker @ NowFuckingGrow.com
@scottloader $153 million, actually