Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 164. (Read 375814 times)

A gateway to FIAT is crucial for mass adoption. Well done Bancor! Bancor is truly piling up one milestone after the other.

AUC token (Auctus) is now LIVE on the Bancor Network for continuous, decentralized and automated liquidity. Check out the Web App to convert AUC, EOS, STORM, ETH, BNT and other tokens directly from your wallet: http://bit.ly/auctusbancor

as always, any exchange of Fiat in the crypto game on thin. too much dependence on the legislation in which the exchange takes place. as well as a high loss of 5%, this is not what cryptocurrency users want, perhaps we are at the beginning of the path and will see new big steps towards.

I strongly suggest to talk to the Republic Protocol dev Team. The potential  between Bancor and rep protocol are huge

Thank you so much for your continued support. Make sure you head over to https://t.me/bancor to join the conversation!

Reddit and other social media platforms where cryptocurrency issues are debated are awash with users discussing the newly launched Bancor wallet function of buying Ether directly with a credit card.

The Bancor native wallet allows users to buy store and manage any ERC20 token through a direct token conversion settlement with any other token on the Bancor Network without going through a cryptocurrency exchange. This allows any user with a wallet to convert any token into any other token at a predetermined rate, regardless of the need for the token at the other end of the exchange.

Read more : https://www.newsbtc.com/2018/04/16/bancor-wallet-now-allows-direct-ether-purchases-with-credit-cards/

@Xandan

True, the platform is made that way so even non tech-savvy people who want to buy, sell or just convert some tokens, can easily do it. With more crypto adoption Bancor should become even more popular. I really like how professional is the team, and how they are reaching one milestone after another from original roadmap.

What I like the most among everything incredibly great in Bancor project. It is the way they are trying to build simplest trading platform for an average user to be able to complete hassle free transaction. Also they are trying to educate the people with friendly communication and using updates which will make whole project among top markets very soon.

How does a Smart Token work?

Smart Tokens™ are the heart of the Bancor Protocol. They operate as regular tokens, in compliance with the ERC20 token standard used on the Ethereum blockchain, but include additional logic that allows users to always buy and sell them directly through their own smart contracts at prices that programmatically adjust to reflect supply and demand. Effectively, Smart Tokens come with a built-in liquidity mechanism that ensures they are continuously convertible for other tokens. To achieve this, each Smart Token connector holds a balance of the token it is connected to (for example, the BNT Smart Token has a single connector to ETH, which holds a balance in ETH). Buyers can use any of the connected tokens to purchase a Smart Token by sending them to the Smart Token’s contract, which then adds them to its connector balance and in return issues new Smart Tokens, which are automatically sent back to the buyer. In this case, both the connector balance of the Smart Token has increased, as has the Smart Token’s supply, since new units were issued. Similarly, a seller may send back a Smart Token to its contract, which will then remove these Smart Tokens from circulation and withdraw a corresponding amount of connected tokens from the connector balance, which will be automatically sent to the seller. In this case, both the connector balance and the Smart Token’s supply have decreased.

Read more:
https://support.bancor.network/hc/en-us/articles/360000472072-How-does-a-Smart-Token-work-

Hi there, no I don't believe you are missing anything, our objective is to make trading as easy as possible, have you tried the webapp? https://www.bancor.network/
I am not sure I understand the first part of your question, would you please elaborate? 
Thanks for your support!

which pool of buyer/seller am i with? I like it, it seems hassle free and instint. am i missing something?

If you somehow have issues with Bancor, feel free to refer to the troubleshooting steps!

https://support.bancor.network/hc/en-us/categories/360000089831-Bancor-Web-App

Join Bancor next Tuesday, April 24th in Norway at Oslo Blockchain Day 2018 where Bancor Co-Founder Eyal Hertzog will be speaking about blockchain and online economies. More details: https://www.eventbrite.co.uk/e/oslo-blockchain-day-2018-tickets-42530192952

Launched a new token and want to add it to the Bancor Network? Here's how: https://support.bancor.network/hc/en-us/categories/360000122411-Joining-the-Network

For live discussions and support, hop into our Telegram group: https://t.me/bancor

Driven by design and built with simplicity in mind, the new wallet (along with Bancor’s new fiat-to-crypto integration via credit card) makes Bancor an end-to-end decentralized solution for frictionless, on-demand access to tokens.

New users can create a Bancor Wallet using their Telegram, WeChat or Messenger account, and import any existing ERC20 wallet to start converting instantly.

Read More
https://blog.bancor.network/the-bancor-wallet-is-now-live-fc3fc7f5f74b

Bancor also has a support group that you can join at https://t.me/bancorsupport

WATCH: Bancor Co-Founder Eyal Hertzog speaks about blockchain and the Internet of value at NOAH18 in Tel Aviv: https://youtu.be/2UAYh8GfrUg

TBT to Guy Benartzi's talk on local currencies and the crypto liquidity crisis at Jeff Pulver's “Startup Nation to Crypto Nation” in Tel Aviv (November 2017). http://bit.ly/CryptoNationBancor

TRON is live on the Bancor Network, and with every #token connected to one another, any pair is possible: $TRX/$ETH, TRX/$EOS, TRX/$OMG plus 60 more! Check it out now: http://bit.ly/BancorTronPairs

By integrating the Bancor Protocol, BotGaming will provide continuous liquidity for its messenger-based gaming platform. Learn more about the latest token project to join the Bancor Network: http://bit.ly/BancorBotGaming

The token sale price was 1 ETH = 100 BNT


BNT is the hub token that connects all tokens in the Bancor Network, allowing them to be easily convertible to each other and to ETH.

What are the benefits for bancor token holders ?
Any discount on exchange ? I couldn't find anything about benefits