BlockEx to Integrate Bancor Protocol to Provide Continuous Token Liquidity
BlockEx to Integrate Bancor Protocol to Provide Continuous Token Liquidity
PR72016
LONDON, January 24, 2018 /PRNewswire=KYODO JBN/ --
BlockEx, a Digital Asset Exchange Platform (DAxP) currently launching a
Token Sale, will make its tokens, the DAXT, available on the Bancor Network.
BlockEx is a Digital Asset Exchange Platform (DAxP). As part of its mission
to offer the best digital assets to its users, it has launched the BlockEx ICO
Market. BlockEx prides itself on bringing the sound regulatory framework and
good governance of traditional financial institutions to the ICO landscape.
Users will be able to participate in curated, compliant ICOs in the BlockEx ICO
Market. To access these ICOs at pre-sale, participants can use BlockEx's token,
the DAXT. BlockEx is currently running the ICO for DAXT, which can be used to
guarantee an allocation of exclusive, high quality ICO tokens at pre-sale.
(Logo: http://mma.prnewswire.com/media/608924/BlockEx_Logo.jpg )
Within a week of the BlockEx ICO concluding, 2% of the total supply of DAXT
will be available on the Bancor Network. Bancor is a Decentralized Liquidity
Network that allows users to hold any Ethereum token and convert it to any
other token in the network, with no counterparty, at an automatically
calculated price, using a simple web wallet. By integrating the Bancor
Protocol, DAXT holders will gain access to continuous liquidity, regardless of
trade volume or exchange listings. You can join the BlockEx community here
[https://app.bancor.network/communities/5a4e412c4264760001089969/about ] .
On the Bancor Network, integrated tokens can be converted automatically to
any other token on the network, from Web3 wallets such as MetaMask. Currently
integrated tokens include ETH, BNT (the Bancor Network Token), WAX, STORM, GNO
and over 10 others, with many more soon.
About BlockEx
BlockEx's Digital Asset Exchange Platform (DAxP) is an institutional grade
exchange with blockchain asset origination, dematerialisation and lifecycle
management tools. The BlockEx DAxP includes a digital asset creation tool,
exchange, clearing, settlement, registry and brokerage software. The offices
are in London, Bulgaria, Taiwan and Israel. https://www.blockex.com
About Bancor
Bancor Protocol(TM) is a standard for the creation of Smart Tokens(TM),
cryptocurrencies with built-in convertibility directly through their smart
contracts. 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. For more information, visit the website [https://www.bancor.network ]
and read the Bancor Protocol white paper [https://www.bancor.network/whitepaper
].
Contact: Adam Leonard, +44-203-637-5764
SOURCE: BlockEx
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