What is Bancor (BNT)?

Website: https://bancor.network/

Maximum Supply: No Data

Total Supply: 228,946,133 BNT

Circulating Supply: 228,946,133 BNT

Explorer: Bancor Explorer  

Whitepaper: Bancor Whitepaper

What is Bancor (BNT)?

Bancor consists of a set of smart contracts that manage the on-chain conversion of tokens. The protocol makes it effortless and fast to convert tokens without having to go through an exchange. The protocol's smart contracts manage liquidity pools that connect the various coins available on the network. The main token used on the network is the “Bancor Network Token” BNT. Bancor provides seamless conversion of coins used in the network. This eliminates the need for an Exchange transaction or third-party platforms. The uniqueness of Bancor is that it aims to create liquidity for altcoins and pay liquidity providers.

Who is Bancor (BNT) Founder?

Bancor was founded in 2017 by Eyal Hertzog, Yudi Levi, Galia and Guy Benartzi. Eyal Hertzog is the architect of the protocol, BNT, and other entities that use the network. He founded the video sharing site MetaCafe. Guy Benartzi is the CEO of Bancor. He founded Mytopia in 2005, a company that develops cross-platform games for users on social networks. Galia Benartzi is a long-time technology entrepreneur and co-founder of the Bancor protocol. He is a business developer at Bancor. He is also the CEO and founder of Particle Code. Yudi Levi is CTO at Bancor. He was previously the co-founder of AppCoin, an app that allows communities to create their own currencies.