Review on Bancor by Fabrizio Zampieri
Bancor utilizes an innovative token “Connector” method to enable formulaic…
Bancor utilizes an innovative token “Connector” method to enable formulaic price calculation and continuous liquidity for all compliant tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive.
Pros
- Bancor is a Decentralized Liquidity Network that allows you to hold any Ethereum token and convert it to any other token in the network, with no counter party, at an automatically calculated price, using a simple web wallet. Project project characterized by great potential.
Cons
- Project not yet widespread and known.
