What is Bancor Network Token?

"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."

- Bancor.network
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General

TICKER SYMBOLS
BNT
AGE
2 years old (June 12, 2017)
ICO / CROWDSALE
June 12, 2017 @ 02:00 PM - June 12, 2017 @ 07:00 PM
CURRENT PRICE
$0.335527
Updated 2 minutes ago via cryptocompare.com
CHEDDUR ALL TIME HIGH
$10.41
2 years ago
CIRCULATING SUPPLY
62,625,355 coins
Updated 58 minutes ago via coinmarketcap.com
MARKET CAP
$21,012,517
Updated 7 seconds ago
FOUNDER
Guy Benartzi

Technical

TOKEN
Ethereum ERC20 Token
MONETARY POLICY
Maximum Supply (79,384,422 coins)
PRE-MINED / RESERVED
Yes (39,692,211 coins)
MINEABLE / STAKEABLE
No
DECIMALS
18

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