Bigbom is pleased to announce its membership in the Bancor Network. Membership in the Network means that Bigbom’s BBO ERC20 token is now integrated with the Bancor Protocol.
Membership in the Bancor Network will enable Bigbom’s decentralized application (DApp) to offer the possibility of payments backed by continuous liquidity to users. The DApp is a smart contract that allows advertisers and publishers to take advantage of multiple advertising models including CPC, CPM, and CPA.
Integrating with the Bancor Protocol will enable the BBO utility token to connect with any other token in the Bancor Network at a continuously formulated price. This will make it possible to convert BBO into any other token in the Bancor Network.
Bancor is a decentralized liquidity network based in Zug, Switzerland. Bancor’s mission is to solve the liquidity challenge for user-generated currencies by allowing any token to be instantly converted into any other token in its network. The Bancor Network will also convert tokens at continuously calculated prices; regardless of volume, outside of traditional exchanges.
Bigbom ECO Integrates Decentralized Advertising System with Bancor
The Bigbom DApp is designed to make advertising more efficient and secure by offering a smart-contract solution that can be used with a number of multi-channel advertising models; including CPC, CPM, and CPA. The Smart Contracts will form the basis of the Bigbom ECO decentralized advertising ecosystem.
Bigbom’s Smart Contracts are designed to offer fast and seamless connectivity between advertisers, publishers, and ad channels. Through its integration with Tomochain; and Bancor, Bigbom should be able to offer near-zero transaction fees, faster confirmation times, and a larger transaction capacity than competing Ethereum-based solutions.
Integration with the Bancor Protocol will offer users of Bigbom ECO greater liquidity, and more control over the payment process. The Bancor Protocol should enable Bigbom to offer faster and more efficient processing of transactions and clearing of payments.
An example of the Bancor Protocol’s use by Bigbom would be enabling an advertiser to pay several different publishers with several different cryptocurrencies in a short period of time. Using the Bancor Protocol would enable Bigbom Eco users to receive payment in cryptocurrencies without utilizing a cryptocurrency exchange.
The Pre-ICO for the BBO; Bigbom’s ERC20 utility token, is scheduled for March 28, 2018 at 10:00:00 GMT with only 1.000 ETH.
For more information about Bigbom, the BBO token, and the Bigbom Eco please visit: https://bigbom.com/
About Bancor
The Bancor Protocol is a standard for the creation of Smart Tokens; cryptocurrencies with built-in convertibility through smart contracts. Bancor utilizes an innovative token “connector” method to enable formulaic price calculation and continues 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.
