https://medium.com/igniteratings/ignite-joins-bancor-network-to-provide-token-liquidity-to-ignite-community-members-776852cdb10b
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I am very pleased to announce that Ignite RATINGS will shortly be integrating with the Bancor Protocol to provide continuous liquidity for the IGNX token and the Ignite RATINGS project, the world’s first decentralised ratings and investment intelligence platform, set for release in Q2 2018.
By integrating the Bancor Protocol, IGNX token holders will gain access to continuous liquidity regardless of trade volume or exchange listings, through the Bancor Network, where any integrated token can be automatically converted to one another directly from any Web3 wallet, such as MetaMask. Currently integrated tokens include ETH, BNT (the Bancor Network Token), EOS, SNT (Status), DRGN (Dragonchain), WINGS (Wings) and many more — a full list of the projects utilising the Bancor Protocol can be found here.
We are incredibly excited to be working with Bancor as we strive to professionalise the digital asset space. We anticipate demand for IGNX to be high, as converting IGNX to IGNT via the Ignite RATINGS platform is the only way that those who missed out on the Ignite crowdsale will be able to access the platform, and the benefits that come with it, including being eligible to receive the financial rewards of participating in the ratings process itself. Integrating with Bancor allows us to provide a level of liquidity that will enable anyone that wishes to be a part of the Ignite community the opportunity to join us.
Ignite will activate a Relay Token staking, initially, $100,000 worth of IGNX and $100,000 worth of BNT, within a week following the completion of its token sale. Users will be able to purchase and sell IGNX tokens directly from any Web3 wallet at a formulaically calculated price.
Ignite’s crowdsale will end on 28 February 2018.