BNT Coin Values BNT
Bancor Crypto Coin Rank 428
Website
White Paper
115,188,102 BNT
Buy / Sell
Get Wallet
Bancor
Bancor valuesUSD Price $ 0.4085
$ 0.4085
Bancor BTC Price 0.00000464
0.00000464
Bancor 24h Vol $ 4,564,291
$ 4,564,291
Bancor Market Cap $ 47,054,617
$ 47,054,617
24h Vol
52 BTC 1 H
-0.30 %
24 H
4.98 %
7 d
-7.00 %
Today Bancor price in US dollars is currently
0.4085
USD, and if converted to Bitcoin is
0.00000464
BTC. A total of 115,188,102 BNT are currently circulating in the Market. Bancor price is currently experiencing a change of 4.98 %, and check here all cryptocurrency. Over the past 24 hours 0.046 M US dollars Bancor have been traded on Crypto Exchanges. Get Bancor's progress by adding it to your favourites and creating a free portfolio.
ICO Status
Bancor ICO Details
ICO Status
Finished
Token Supply
79323978
Start Date
2017-06-12
End Date
2017-06-12
Fund Raised (BTC)
396,720 ETH
Fund Raised (USD)
153000000
Start Price (USD)
3.69
Security Audit Company
N/A
ICO Legal Form
Foundation
ICO Jurisdiction
Switzerland
Legal Advisers
N/A
White Paper
The Bancor protocol is a standard that allows anyone to easily create completely liquid “smart tokens” that calculate their own prices & enable a single party to convert any token to another, without requiring a second party to exchange with. The BANCOR network token will hold a single reserve in Ether. Other smart tokens, by using BANCOR as (one of) their reserve(s), connect to the BANCOR network. The BANCOR network token forms a monetary structure where increased demand for any of the network’s smart tokens drives up the value of the common BANCOR token, benefiting all other smart tokens holding it in reserve.
The Ethscan showed that there were 10,885 buyers with an average investment size of $13,471. Of the 50% withheld from investors Bancor plans to follow this distribution plan with 40% dedicated to software development, 20% as an Ethereum reserve for BNT, 12% toward marketing and business development, 10% for seeding Token Changes (smart tokens that hold multiple reserves and allow for direct exchange between them) and exchange-traded funds (Token Baskets), 8% for operational costs, 5% for legal expenses, and the remaining 5% for miscellaneous purposes.
Team:
- Bernard Lietaer: Foundation Council President.
- Guido Schmitz-Krummacher: Foundation Council.
- Eyal Hertzog: Foundation Council. (LinkedIn);
- Guy Benartzi: Foundation Council. (LinkedIn);
- Yehuda Levi: CTO. (LinkedIn);
- Galia Benartzi: Business Development. (LinkedIn, Facebook);
- Ilana Pinhas: VP Engineering. (LinkedIn);
- Or Bachar: Core Developer. (LinkedIn);
- Omry Rozenfeld: Core Developer. (LinkedIn);
- Asaf Rachman: Core Developer. (LinkedIn);
- Mati Levi: QA Engineer. (LinkedIn);
- Itay Dreyfus: Product Designer. (LinkedIn);
With the surplus funds raised Bancor has created a price floor smart contract that will buy back BNT tokens when they go below the inital 0.01 ETH price.
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