Arizn is Integrating Bancor Protocol to Provide Continuous Liquidity for AALT Token Holders.
Sandton, South Africa — August 2, 2018
Arizn uses blockchain technology and rank based community governance to create a thriving social investment hub.
Arizn is integrating with the Bancor Protocol to allow AALT token holders access to continuous liquidity regardless of trade volume or exchange listings, through the Bancor Network, where any integrated token can be automatically converted to any other directly from the Bancor Wallet or any Web3 wallet, such as MetaMask.
“The Arizn community has grown quickly and we expect this trend to continue. We anticipate a huge demand for AALT tokens and we are confident that our integration with the Bancor protocol will be a key component in offering continuous liquidity to our community of AALT token holders. Arizn is a social investment hub that uses AALT tokens as primary currency, for both investment and disbursement. The key to success for the AALT token is to have a stable price, liquidity depth will prevent price slippage of AALT Token. ” said W.Chunda (Executive Director)
“The Bancor decentralised liquidity network plays a vital role in Arizn’s long term goal of bringing liquidity to crowdfunding. We look forward to integrating the AALT token with the Bancor protocol.” said Jamal Khanyile (Director)
Arizn will activate a Relay Token with $750,000.00 worth of BNT or 3% of the final token sale results, the Relay Token will be activated within 8 days of the AALT token distribution date set for 10 October 2018.
About Arizn
Arizn uses a clever bit of code called the dAPP Wizard to allow our users to create smart-contacts that tokenise their crowdfunding campaigns. Smart-contracts that provide a range of products which offer equity, asset backed or loan based tokens as a reward for investment. All tokens created on the Arizn platform are ECR20 compatible, which means they can be used as payment or instantly exchanged for other forms of value. More information on the Arizn platform here : https://arizn.network
About Bancor
The 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.
