A partnership with TokenCard has been announced:
https://blog.bancor.network/bancor-and-tokencard-announce-partnership-be5575e2ce6c
looking from the side it looked like they might be competitors?
how is the integration going to benefit both solutions?
Tokencard lets you spend your ERC20 tokens the same way you’d spend using a normal VISA card. Therefore it makes your ERC20 tokens liquid in the ‘real world’
Bancor lets you create completely liquid tokens that serve as their own market makers. So anyone can create a token that is instantly & always tradable for any other token on the Bancor network.
So Bancor enables full liquidity for the long tail of cryptocurrencies by making them all exchangeable for eachother. TokenCard makes them liquid in terms of being spendable anywhere a Visa card is spendable.
Ah I see, so basically the cards would hold tokens inside of them and if they are bancor tokens they could be swapped to one another and swapped out through exchanges like any other token?
are Bancor tokens working with any ERC20? or do we need to create a whole new line of tokens?
Bancor tokens are created on the ETH blockchain and interact directly with ERC20 tokens such as GNT, SNGLS, and TKN!
Very good job. This is an amazing technology. Our cryptocurrencies in a visa card wauw ))