Sun Exchange Integrates the Bancor Protocol to Provide SUNEX Token Liquidity
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We at the Sun Exchange, a global blockchain-based solar micro-leasing marketplace, are glad to announce the integration of the Bancor Protocol to provide continuous liquidity for our SUNEX digital rewards token. This follows last week’s announcement that the crypto power couple behind The Keiser Report and Heisenberg Capital, Stacy Herbert and Max Keiser, have joined the Sun Exchange advisory board.
Through the Sun Exchange online platform, practically anyone, anywhere across the globe can purchase solar photovoltaic (PV) cells for as little as $5 (USD), and lease them to help power organisations such as schools, small businesses, hospitals and NGO’s in emerging markets. Solar cell owners receive payments from the electricity produced, paid optionally in local currency or Bitcoin, while the consumers of the energy enjoy the benefits of affordable clean solar power at no upfront cost. We’ve also recently released SUNEX (tse.thesunexchange.com), which is our new digital rewards token, designed to make the Sun Exchange user experience more lucrative and rewarding.
With Bancor Protocol integration, SUNEX token holders will benefit from continuous liquidity regardless of trade volume or exchange listings. The Bancor Network, which allows users to convert several different tokens without needing online exchanges, will enable SUNEX users to easily send and receive cryptocurrency online. To support the anticipated growth of the SUNEX token holder community, Sun Exchange will be listed on the 28th of August, a month after our ICO ends and 2 days prior to public token distribution.
“We are continually striving to maximise benefits for our community of SUNEX token holders. Enabling a simple and seamless way to convert tokens is key,” said Abraham Cambridge, Founder & CEO, Sun Exchange. “Through the Bancor Network, anyone who is interested in participating in our global solar power revolution can rest assured of the liquidity of their SUNEX tokens.”
The SUNEX Network Token is currently available for purchase through a public token sale, which will run until July the 31st, 2018. More details on the SUNEX Token are available on our website: https://tse.thesunexchange.com/
About Sun Exchange
Sun Exchange is a buy-to-lease solar marketplace where conscious capital accelerates the global transition to solar energy, making the economic, social and environmental benefits of solar power more accessible and inclusive. For more information visit www.thesunexchange.com.
About Bancor
Bancor Protocol is a standard for the creation of Smart Tokens™, 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 integrated tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. To convert tokens instantly, visit the Bancor Web App or join the Bancor Telegram group for more information.