About
Bancor has developed an approach to value transfer that occurs outside crypto exchanges and removes many of the risks associated with buying and selling digital currencies. The Bancor Protocol is a standard for the creation of Smart Tokens, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes a token "connector" method to enable continuous liquidity for all integrated tokens, without needing to match orders in an exchange. Smart Tokens form token liquidity networks, allowing user-generated cryptocurrencies to thrive. The Bancor Network processed over $1 billion in token conversions in its first year and has facilitated affordable and accessible liquidity for 100+ token projects, who joined the open-source network with no listing fees. Bancor is working towards a future where one form of value can be easily connected to any other through an open-source protocol without rent-seeking middlemen, similar to how information networks are connected through protocols such as TCP and HTTP.
Q&A
- What is Bancor's primary business?
- Bancor operates a decentralized liquidity network that enables value transfer outside traditional crypto exchanges, using its Bancor Protocol for Smart Tokens with built-in convertibility.
- When was Bancor founded?
- Bancor was founded in August 2016.
- Where is Bancor's headquarters located?
- Bancor's headquarters is located in Giv'atayim, Israel.
- How many employees does Bancor have?
- Bancor has between 51-200 employees.
- What is Bancor's current funding stage?
- Bancor is currently in the Pre-Funding stage.
- What industry sector does Bancor primarily operate in?
- Bancor primarily operates in the Fintech & Insurtech sector, specifically within Trading & Investing.
- What technologies does Bancor utilize?
- Bancor utilizes Data Storage, DLT & Blockchain, Platforms & Interfaces, and Web technologies.
- What types of customers does Bancor target?
- Bancor targets both Consumers and Enterprise & Professional Services customers.
- Does Bancor have any international offices?
- Yes, Bancor has an office in Zug, Switzerland.
Team · 3
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | bancor.network |
|---|---|
| linkedin.com/company/17986744 | |
| facebook.com/bancor | |
| YouTube | youtube.com/channel/UCA125wWsdbsG1XPenWcBkyg |
Identifiers & details
| Founded | 2016-8 |
|---|---|
| Employees (exact) | 63 |
| Offices | Zug |
Radar intelligence
Patents
| EPO | 5 |
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Web history (Wayback)
| Domain | bancor.network |
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