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Review on Bancor by Rob Lungs

Revainrating 5 out of 5

Besides resolving the issue of token liquidity, Bancor will enable the…

Besides resolving the issue of token liquidity, Bancor will enable the creation of the "longtail" of user-generated tokens. In due course, anyone will be able to easily launch their own cryptocurrency using Bancor's platform and it will be as simple as creating a Facebook profile.

Could easily be a Top 10 cryptocurrency and at the center of the entire crypto-ecosystem providing a backbone of liquidity to limitless forms of value. The sky is the limit!



Pros
  • Live user-friendly product with no fees or registration required. Makes buying/selling and converting tokens extremely simple. Highly professional and reputable team capable of hitting the goals outlined in the project roadmap. Team has proven track record of previous successes with tech start-ups, is completely transparent, provides regular updates to community and is open to feedback. Team is fast moving, up-to-date and far ahead of any potential competitors in the space. Team has successfully implemented the groundbreaking concept outlined in the Bancor Whitepaper that resolves the issue of token liquidity and places Bancor on the cutting edge of Blockchain technology. Strong marketing efforts. Project seems to be everywhere. Bancor has a consistent presence on around a dozen social/online channels and has received positive press in major outlets such as Forbes, The Huffington Post, Fortune and others. Bancor will eventually operate cross-chain and provide bridges from fiat to crypto.
Cons
  • Bancor's Liquidity Network could potentially become the new standard for buying and selling tokens and eliminate the need for "traditional" crypto exchanges altogether.

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