PRESS RELEASE
Tigereum Integrating Bancor Protocol to Provide Token Liquidity for Sending Crypto in an Instant Message
London, United Kingdom – January 22, 2018 – Tigereum (TIG), a new blockchain platform that will enable crypto to be sent in an instant message, has today announced a collaboration with Bancor to provide continuous liquidity for Tigereum’s platform. Last month, TIG successfully completed a Token Swap for 20,000,000 tokens.
By integrating the Bancor Protocol, TIG 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 any other directly from any Web3 wallet, such as MetaMask. Currently integrated tokens include ETH, BNT (the Bancor Network Token), GNO (Gnosis), WAX, BNB (Binance Coin) and a rapidly growing list of additional tokens.
“We anticipate having a large community of users, and significant demand for TIG tokens, so it makes sense for us to provide our users with as much liquidity as we can” said Darren Olney-Fraser, CEO of Tigereum. “Integrating with Bancor will provide sufficient liquidity for everyone who wants to send crypto in an instant message on social media platforms.”
TIG will activate a Relay Token with 2% of its circulating token supply of 20,000,000 tokens. Users will be able to purchase and sell TIG tokens directly from any Web3 wallet at a formulaically calculated price.
About Tigereum
Tigereum is a decentralized platform that will enable anyone to send crypto to friends and family in an instant message. Tigereum is being designed to serve the 4 billion+ users of social media who connect everyday with their family and friends across the world. With a chatbot accessible on social media platforms like Facebook, Skype, Telegram and Slack (who currently support bots), friends and family anywhere in the world and across all currencies will use Tigereum to access blockchain trust and transaction verification to send value between themselves. For more information, please visit
www.tigereum.io.
About Bancor
Bancor Protocol is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “Connector” method to enable formulaic price calculation and continuous liquidity for all compliant tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. For more information, visit the Bancor website
www.bancor.network and read the Bancor Protocol white paper.
Enquiries
Darren Olney-Fraser, CEO Tigereum
[email protected]Bancor
[email protected]