Decentralized startup accelerator RocketICO begins implementation of Bancor’s Smart Token™ protocol on its platform.
RocketICO is announcing the beginning of the implementation of Bancor’s Smart Token™ protocol on its platform. With Smart Token™ protocol all the tokens, issued by the projects on the RocketICO platform, will get the continuous liquidity and formulaic pricing through compatible Web3 wallets. The blockchain community showed its support for the protocol through a record-breaking Token Generation Event for the Bancor Network Token in June 2017 and the list of successful projects, adopting the protocol, continues to grow.
The Bancor protocol enables anyone to create a new type of cryptocurrency called a Smart Token™, which can hold (and trade) other cryptocurrencies. The continuous liquidity of Smart Tokens™ removes the barrier-to-liquidity and enables the emergence of the long tail of user-generated currencies. RocketICO member tokens will benefit from:
- no additional commissions or fees to be listed,
- the decrease in price volatility thanks to formulaic pricing,
- no spread as buy and sell prices are identical through the smart contract,
- continuous and additional liquidity regardless of exchange listings.
RocketICO is proud to integrate with Bancor to offer an innovative solution to support a high volume of diverse projects launched from the platform, and to encourage the creation of network effect between them. This solution to the liquidity challenge so many new tokens face will allow a wide variety of ideas and teams to flourish, and the entire blockchain industry to expand and progress.
For more information about the Bancor Protocol, please visit the Bancor site and read the Whitepaper. For more information about RocketICO, please visit www.rocketico.io. RocketICO token campaign is on, join now and get special bonus!
This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.