2110 cryptocurrencies
Total Crypto Market Cap $443,660,697,614
Total Volume 24h $1,523,193,298

Bancor Network Token Bancor Network Token

0.02 (0.67%)

The Bancor Protocol is a blockchain-based system for discovery and a liquidity mechanism supporting multiple smart contract platforms. The flexibility of these blockchains allows tokens to be locked in reserve and to issue smart tokens on the Bancor system, enabling anyone to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens.

The BNT is the first smart token on the Bancor system and it will hold a single reserve in Ether. Other smart tokens, by using BNT as one of their reserves, connect to the BNT network. The BNT establishes network dynamics where increased demand for any of the network’s smart tokens increases demand for the common BNT, benefiting all other smart tokens holding it in reserve.

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Market share 0.05%
Proof type
Open $3.00
Low $2.91
High $3.09
Price in BTC 0.00034941369077 BTC
Current Supply 74,440,338 BNT
Total Coin Supply 79,323,978 BNT
Market cap $224,809,820
24h Volume (coin) 142,458 BNT
24h Volume (currency) $425,749
Last updated 2018-03-23 19:01:17
Date Price Volume