I don't understand this coin very well... the function?
Because I red of ''smart tokens'' but I don't understand really well the usage in the real ''use of cases''... maybe because I am not english native language.. if you could please tell me in a few words what is the purpose of this coin.... a ''problem'' that this coin could solve, would be nice. thank you.
The Bancor Protocol enables high liquidity for Ethereum-based tokens, regardless of trade volume and without relying on exchanges or market makers, and will eventually enable anyone to issue their own Smart Tokens using a simple Web App.
You can try out the live web app for yourself here:
https://app.bancor.network/discoverSmart Tokens are different from regular tokens because they hold another digital asset as its “Connector” for the purpose of connecting it to the network for continuous liquidity to other assets in the network. It can be purchased for any of its Connectors and sold for any of its Connectors, directly through the smart contract.
Smart Tokens on the Bancor Network presumably have BNT as their connector token.
You can read more about Smart Tokens here:
https://blog.bancor.network/smart-tokens-101-63edc2cc5a89It is not just contract its kind of protocol. but this team is very slow working and i lost my trust to bancor. I hope they finish their project.
We've been very busy lately! Check out all of our latest work in the new progress update here:
https://blog.bancor.network/bancor-progress-update-466766be1dc6
