Bancor Progress Update: August 2018
In many ways, the world of blockchain is a tale of two cities. On one hand, there are the crypto prices that drive the headlines. On the other hand, there are the token projects focused on building fundamental infrastructure in the ecosystem. While the price of Ethereum dropped to a 9-month low earlier this month, the recent plunge is only a blip on the screen for most serious blockchain development teams. And Bancor is no exception, as the latest bear market doesnt change our horizon. This past month saw a historic, real-world use-case of Bancors technology, new tokens joining the network, updated features in the Web App, EOS developments and the first security token announce integration with Bancor.
https://blog.bancor.network/bancor-progress-update-august-2018-565fa1156dfaThis is a really good step and this is excellent additional support for the entire crypto industry, and the community, glad that the team is developing.
Alchemy Coin recently announced that it will become the first security token to join the Bancor Network, providing Alchemy Coin holders with access to continuous liquidity regardless of trade volume or exchange listings.
Any ERC20 token including security tokens can list on the Bancor Network by integrating the Bancor Protocol and staking BNT to enable automated trading via a liquidity pool which they own and manage. Bancor charges no listing fees.