1. posts
  2.  → TokenBnk
  3.  → reviews

TokenBnk

Earn crypto by holding crypto 📈📈

2.9/5
About

TokenBnk is an Ethereum-based decentralized application that allows a new way to earn ROI on your crypto - kinda like interest in a traditional savings account. Learn more at tokenbnk.com.

9 Reviews
 +26 reviews
  • Pros: 

    Tokenbnk is a great way to store your coins and forget about them, which is great if you try to panic sell too much. I can't wait for it!

    Cons: 

    Not really

    As anyone who's tried day trading will tell you: it's incredibly hard if you don't have bots to do it for you. Trading is an easy way to lose a ton of cash. That's why holding is wisest strategy. Tokenbnk let's you do that and hopefully return to a decent amount of interest on top to reward you for your patience. Since it's built on a smart contract I don't have to worry about the team bailing with my funds.

    Ghilia Weldesselasie has never used this product.
  • Pieter GorsiraFounder, Lawnmower
    Pros: 

    Powerful economic incentive model encouraging token holding

    Cons: 

    Experimental like most new Ethereum tech

    TokenBnk provides an entirely new incentive dynamic for the future token economy. It's a fresh concept that could have large implications for how, where, and why tokens are stored and transferred in the Ethereum network.

    Pieter Gorsira has never used this product.
  • Pros: 

    It seems new and useful!

    Cons: 

    I am not sure.

    I am excited to see where it goes

    Daniel Greenberg has never used this product.
  • Robert LeshnerProduct @ Postmates
    Pros: 

    Very few.

    Cons: 

    The only source of generating income to pay yield is from other users, which is *similar* to a ponzi scheme, or a "game of chicken".

    Read the entire whitepaper

    Robert Leshner has never used this product.
  • Loic JeanjeanHead of Marketing, Advisor Websites
    Pros: 

    Love the concept, and they will be first to market, huge potential

    Cons: 

    more clarity on how the tokens will be used

    Waiting to use this saving account. too bad we have to wait for at least 1 more month

    Loic Jeanjean has never used this product.
  • Pros: 

    The concept seems very good

    Cons: 

    Bancor integration mentioned as an advantage in the white paper

    Protocols piggy backing on other protocols while none have been proven concern me

    jonatan alava has never used this product.
  • Calvin ChuBusiness Development at Republic.co
    Pros: 

    Love the concept, would love to get it!

    Cons: 

    can't wait for this!

    Need to stop my compulsive trading

    Calvin Chu has never used this product.
  • Sam BorinProduct Manager, Philosopher
    Pros: 

    Interesting concept

    Cons: 

    Highly experimental

    Get paid to hodl? Would be nice if this removed some volatility in the alt market.

    Sam Borin has never used this product.
  • Pros: 

    not sure yet.

    Cons: 

    Not sure yet. can you make the whitepaper pdf instead of a png

    Here is my link for those of you on Product Hunt who also want some free token as a giveaway: http://tokenbnk.com?referral=HJFywGKCZ&refSource=copy

    Lester Tiro has used this product for one day.