BANCOR Network

BANCOR Network

Created using Figma
Created using Figma
The Bancor protocol is a standard that allows anyone to easily create completely liquid “smart tokens” that calculate their own prices & enable a single party to convert any token to another, without requiring a second party to exchange with. Thereby enabling the long-tail of completely liquid cryptocurrencies. Smart tokens hold other tokens in reserve, and can be used as decentralized token baskets (like ETFs), token changers (like shapeshift), project & protocol tokens (like GNT & REP), community currencies (like Ithacash & reward miles), and a lot of other use cases. The BANCOR network token will hold a single reserve in Ether. Other smart tokens, by using BANCOR as (one of) their reserve(s), connect to the BANCOR network. The BANCOR network token forms a monetary structure where increased demand for any of the network’s smart tokens drives up the value of the common BANCOR token, benefiting all other smart tokens holding it in reserve.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • IDCM
    BNT/BTC 10 minutes ago
    $ 0.5489
    $ 7.371 K
    -1.37%
    -20.68%
  • IDCM
    BNT/USDT 10 minutes ago
    $ 0.5491
    $ 2.526 K
    -1.42%
    -36.96%
  • IDCM
    BNT/ETH 10 minutes ago
    $ 0.5497
    $ 2.075 K
    -0.98%
    -15.74%
  • Bittrex
    BNT/BTC 10 minutes ago
    $ 0.5547
    $ 6.99 K
    -1.82%
    -67.33%
  • Bittrex
    BNT/ETH 10 minutes ago
    $ 0.5538
    -
    -1.42%
    -100.00%
  • CoinBene
    BNT/BTC 12 minutes ago
    $ 0.5493
    $ 28.66 K
    -1.40%
    -19.96%
  • HitBTC
    BNT/ETH 15 minutes ago
    $ 0.5476
    $ 2.124 K
    -1.59%
    -38.63%
  • HitBTC
    BNT/USD 16 minutes ago
    $ 0.5460
    $ 100.305 K
    -1.41%
    51.75%
  • ABCC
    BNT/BTC 17 minutes ago
    $ 0.5530
    $ 14.504 K
    0.01%
    0.11%
  • ABCC
    BNT/ETH 17 minutes ago
    $ 0.5489
    $ 7.124 K
    -1.04%
    -2.97%
  • OKEx
    BNT/BTC 18 minutes ago
    $ 0.5501
    $ 794.76
    -1.13%
    -67.50%
  • OKEx
    BNT/ETH 18 minutes ago
    $ 0.5482
    $ 238.89
    -1.21%
    -46.93%
  • OKEx
    BNT/USDT 18 minutes ago
    $ 0.5469
    $ 983.57
    -1.50%
    10.52%
  • Hb.top
    BNT/ETH 20 minutes ago
    $ 0.5517
    $ 21.328 K
    -0.34%
    16.23%
  • Hb.top
    BNT/BTC 20 minutes ago
    $ 0.5499
    $ 10.568 K
    -1.53%
    16.66%
  • Hb.top
    BNT/USDT 20 minutes ago
    $ 0.5494
    $ 6.446 K
    -1.31%
    17.56%
  • Poloniex
    BNT/USDT 21 minutes ago
    $ 0.5608
    $ 1.325 K
    -2.32%
    379.30%
  • Binance
    BNT/BTC 22 minutes ago
    $ 0.5479
    $ 66.884 K
    -1.71%
    -45.22%
  • Binance
    BNT/ETH 23 minutes ago
    $ 0.5468
    $ 32.52 K
    -1.94%
    -55.51%
  • HitBTC
    BNT/BTC 35 minutes ago
    $ 0.5470
    $ 2.257 K
    -1.48%
    -80.68%
  • Bancor Network
    BNT/ETH 36 minutes ago
    $ 0.5470
    $ 427.308 K
    -1.20%
    -30.56%
  • Poloniex
    BNT/BTC 39 minutes ago
    $ 0.5508
    $ 1.286 K
    -1.63%
    43.05%
  • Liqui
    BNT/USDT 39 minutes ago
    $ 0.5504
    $ 68.03
    -0.39%
    -35.54%
  • Liqui
    BNT/ETH 39 minutes ago
    $ 0.5507
    $ 79.08
    -1.55%
    -37.67%
  • Liqui
    BNT/BTC 39 minutes ago
    $ 0.5496
    $ 181.79
    -1.59%
    121.38%
  • Coinplace
    BNT/BTC 39 minutes ago
    $ 0.5567
    $ 3.493 K
    -1.56%
    -5.04%
  • Bitrue
    BNT/ETH 43 minutes ago
    $ 0.5500
    $ 102.56
    -1.49%
    -78.58%
  • Tidex
    BNT/BTC 47 minutes ago
    $ 0.7856
    -
    0.35%
    -
  • Tidex
    BNT/WUSD 47 minutes ago
    -
    -
    -
    -
  • Tidex
    BNT/WEUR 47 minutes ago
    -
    -
    -
    -
  • Bitrue
    BNT/BTC 57 minutes ago
    $ 0.5501
    $ 66.01
    -1.35%
    -79.20%
  • Upbit
    BNT/BTC one hour ago
    $ 0.5547
    $ 6.99 K
    -0.80%
    -68.01%
  • LATOKEN
    BNT/ETH one hour ago
    $ 0.5459
    $ 3.315 K
    -68.47%
    -44.04%
  • ChainEX
    BNT/BTC one hour ago
    $ 0.5477
    $ 1.874 K
    -1.50%
    -49.02%
  • Poloniex
    BNT/ETH one hour ago
    $ 0.5506
    $ 373.06
    -0.95%
    8.80%
  • CredoEx
    BNT/CREDO one hour ago
    $ 0.7079
    $ 1.12
    3.45%
    66.55%
  • Kyber Network
    BNT/ETH 2 hours ago
    $ 0.5469
    $ 3.593 K
    -1.82%
    -97.52%
  • Ethfinex
    BNT/BTC 4 hours ago
    $ 0.5430
    $ 25.78
    -
    -
  • Ethfinex
    BNT/USD 4 hours ago
    $ 0.5043
    $ 20.66
    -
    -
  • Tidex
    BNT/WAVES 4 hours ago
    $ 1.26
    -
    -0.85%
    -
  • Ethfinex
    BNT/ETH 6 hours ago
    $ 0.5412
    $ 10.95
    -
    -
  • Gate.io
    BNT/ETH 6 hours ago
    $ 0.5480
    $ 7.67
    -
    -
  • Chaince
    BNT/EOS 16 hours ago
    $ 0.4830
    -
    -1.99%
    -100.00%
  • CREX24
    BNT/BTC one day ago
    $ 0.6329
    -
    -
    -
  • Upbit
    BNT/ETH one day ago
    $ 0.5543
    $ 454.39
    -0.90%
    -87.93%
  • COSS
    BNT/ETH one day ago
    $ 0.5460
    -
    -
    -
  • COSS
    BNT/BTC one day ago
    $ 0.5934
    -
    -
    -
  • Livecoin
    BNT/USD one day ago
    -
    -
    -
    -
  • Livecoin
    BNT/BTC 2 days ago
    -
    -
    -
    -
  • Cryptobulls
    BNT/BTC 2 days ago
    $ 0.5539
    $ 20.95
    -
    -
  • Livecoin
    BNT/ETH 2 days ago
    -
    -
    -
    -
  • Lykke
    BNT/ETH 7 days ago
    $ 0.5777
    -
    -
    -
  • Lykke
    BNT/BTC 7 days ago
    $ 0.6391
    -
    -
    -
  • ForkDelta
    BNT/ETH 8 days ago
    $ 0.7201
    -
    -
    -
  • YoBit
    BNT/BTC 8 days ago
    $ 0.6381
    $ 11.12
    0.31%
    -11.64%
  • Idex
    BNT/ETH 13 days ago
    $ 0.5701
    -
    -
    -
  • AirSwap
    BNT/ETH 26 days ago
    $ 0.7239
    $ 43.43
    -
    -
  • Radar Relay
    BNT/WETH one month ago
    $ 0.0589
    -
    -
    -
  • YoBit
    BNT/USD one month ago
    $ 0.6000
    $ 52.05
    -
    -
  • Everbloom
    BNT/ETH one month ago
    $ 0.7045
    $ 7.56
    -
    -
  • AXNET
    BNT/ETH
    -
    -
    -
    -
  • YoBit
    BNT/WAVES
    -
    -
    -
    -
  • Bitfinex
    BNT/USD
    -
    -
    -
    -
  • Bitfinex
    BNT/ETH
    -
    -
    -
    -
  • YoBit
    BNT/RUR
    -
    -
    -
    -
  • Bitfinex
    BNT/BTC
    -
    -
    -
    -
  • AXNET
    BNT/BTC
    -
    -
    -
    -
  • YoBit
    BNT/ETH
    -
    -
    -
    -
  • AXNET
    BNT/USDT
    -
    -
    -
    -
  • YoBit
    BNT/DOGE
    -
    -
    -
    -
Jun 12, 2017
Jun 12, 2017
100% completed
$153 000 000
22 K
512% goal completed
Goal 250 000 ETH
past
  • 20 BNT
    =
    1 ETH
Token Details
Ticker
BNT
Company Details
Registered Country
Israel
Additional Details
Categories
Platform, Software

About BANCOR Network

The Bancor protocol enables built-in price discovery and a liquidity mechanism for tokens on smart contract blockchains. These “smart tokens” hold one or more other tokens in reserve and enable any party to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens, directly through the smart token’s contract, at a continuously calculated price, according to a formula which balances buy and sell volumes.

Continuous Liquidity

Smart tokens can be purchased or liquidated by anyone anytime, through their smart contract.

Backward Compatible

Bancor enables liquidity and asynchronous price discovery for any existing ERC20 standard token.

No Spread

Prices are calculated by the smart token so buys and sells use the same current price.

No Counterparty Risk

No need to deposit in an exchange in order to convert between smart tokens.

Lower Volatility

Reserves endow smart tokens with significant market depth, resulting in reduced price volatility.

Predictable Price Slippage

Price slippage is pre-calculated relative to transaction size and incorporated into current price.

Features

- Enables a single party to convert any digital token to another, without requiring a second party to exchange with
- Continuous Liquidity​ through the use of reserve-tokens, which provide liquidity through autonomous algorithmic price discovery, regardless of trade volume
- Protocol enables the creation of ​Exchange Traded Funds (ETFs) with no central control or counterparty risk, owned directly by their holders
- No Bancor fees (only blockchain fees for the tokens held as reserves by Bancor-enabled tokens)
- No spread, predictable price slippage and lower volatility​ due to algorithmical price calculation

Technical Info

Technical details:  Bancor-compatible tokens are ERC20-compliant tokens on the Ethereum blockchain which are allowed to be backed by one or more other tokens, effectively holding them in reserve at any ratio (above 0 and up to 100%). The token’s price is set automatically as a function of its buy and sell volumes. Proof of developer:  Public team

BANCOR Network Roadmap

  • Released Features (Mainnet)

  • Liquid BNT Smart Token. Telegram Chatbot. Facebook Chatbot. User Account & Profile. Enable linking Facebook and Twitter account to user's profile. User-to-user messaging through bot. Follow user profiles. COmmunities. DIscussion board. Multi-token wallet. Profile/community search. HTML markup for community about page. Withdraw from app wallet to external wallet. WeChat chatbot. Deposit and withdraw from wallet to external wallet.
  • Demo Environment (Private chain)

  • Support Ether in wallet. Buy/sell tokens through bot. Advance smart tokens activation. Enable users to choose a popular currency in which all amounts would be denominated. Multiple profiles per account. Profile types. Deploy a new smart token / Create community.
  • Next releases

  • Buy/Sell from webapp. Web3 integration. Smart-token price history / Market depth chart. 12 words mnemonic account recovery. List and support 3rd barty ERC20 tokens.

Activity

Activity:
1 778
VERY HIGH
Merit:
1 023
VERY HIGH
Posts:
149
LOW
Views:
4 459
MEDIUM
Users:
82
LOW
Followers:
857
LOW
Tweets:
45
VERY LOW
30 Days Growth:
-37

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

7 ICO

$138 650 320

Eyal Hertzog
Foundation Council
unverified
Yehuda Levi
CTO
unverified
Ilana Pinhas
VP Engineering
unverified
Or Bachar
Core Developer
unverified
Omry Rozenfeld
Core Developer
unverified
Asaf Rachman
Core Developer
unverified
Mati Levi
QA Engineer
unverified
Itay Dreyfus
Product Designer
unverified
Ilana Pinchas
VP Engineering
unverified

2 ICO

$36 000 000

Galia Benartzi
Business Development
unverified
Guy Benartzi
Foundation Council
unverified
$ 0.5574
0.89%
Coin Stats
Daily, %:
0.89%
Weekly, %:
-1.98%
Monthly, %:
4.45%
Market Info
Market Cap:
$ 34.997 M
Volume 24h:
$ 859.575 K
Circ. Supply:
62.758 M BNT
Ticker:
BNT
ICO profit
X 0.0047
ICO Price~$119.46
3.72
stable
5.0 6
ICO Profile Vision Activity Potential Product Team
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