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.

Discussion
Would you recommend this product?
7 Reviews5.0/5
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.
@daegalus I wonder if it will ever actually reach that value for real. I like the concept and truly looking forward to using Bancor.
Can someone explain this in layman's terms?
@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 :(
The ICO came and went in about 3 hours. They raised about $140M USD in the process. Crazy!
@scottloader $153 million, actually

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!

Pros:

Bancor is really easy to use!

Cons:

No cons

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