Kyber Network

Kyber is a on-chain liquidity protocol that anyone can tap into for a wide variety of inter-token use cases. For example, vendors are able to accept payments in multiple tokens on their e-commerce platforms yet receiving in their preferred token. In addition, dApps can allow users who are not their token holders to utilize their platform and services with other tokens, and decentralized financial projects have the means to rebalance their portfolio instantly.
 Liquidity is in turn facilitated through an open reserve architecture that allows anyone to contribute their idle token assets to our decentralized central liquidity pool and earn from the spread in every transaction. These tokens become available for use across any platform that taps into the network, making them instantly more liquid and useful.
 In today’s rapidly tokenizing world, projects are busy building innovative platforms and introducing their own token use case, without paying much attention to establishing meaningful collaboration across different entities. Bitcoin created the first cryptographic token, Ethereum took it one step further by enabling the easy tokenization of assets and creation of tokens. Consequently, there has been an explosion in the number of tokens, with each token usable only within its own isolated ecosystem.
 Kyber Network helps to connect all these disparate, isolated token ecosystems and makes tokens useful in a wide range of use cases. In doing so, we enable the next phase of the tokenized world.