ROOMDAO Integrating Bancor Protocol to Provide Token Liquidity for travelers and travel service suppliers.
ROOMDAO is happy to announce our integration of the Bancor Protocol to provide continuous liquidity for the Worldwide Asset exchange platform.
By integrating the Bancor Protocol, ROOMDAO token holders will gain access to continuous liquidity
regardless of ROOMDAO’s 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. Currently integrated tokens include big-name tokens like
ETH, BNT (the Bancor Network Token), BNB (Binance) and many others. A full list of tokens in the Bancor Network can be found at: https://www.bancor.network/discover
“We are sure that ROOMDAO will be the most popular blockchain solution for travelers and we are sure that people would like to pay for travel services with all different tokens though the BANCOR NETWORK. That’s why we are sure that BANCOR NETWORK will be a critical solution, providing liquidity to RDC tokens,” said CEO of ROOMDAO Andrey Dutov.
ROOMDAO will activate a Relay Token with 4% of its circulating token supply within a week following
the successful completion of the Token Sale. Users will be able to purchase and sell ROOMDAO
tokens directly from the Bancor Wallet or any Web3 wallet at a formulaically calculated price.
Also ROOMDAO will integrate the BANCOR WALLET into the ROOMDAO platform for easy conversion of all tokens to RDC.
About ROOMDAO
RoomDao is a powerful solution for the tourist industry. Roomdao is a platform for the small local tourist service providers. Local providers are more flexible and can offer lower rates and a wider range of service. However, those companies have a hard time competing with established brands and international franchises. Travel metasearch engines, such as Expedia.com and Booking.com, monopolize the tourist market and give preferential treatment to global brands. RoomDao provide a solution to change this trend by giving small companies a powerful tool to promote and sell their services directly to the client. Expedia charges 21%, Booking.com- 23%, while RoomDao offers their platform for free. Our advanced booking system let users rent a car, book accommodation and many more. All these services would be available at a much cheaper rate with excessive fees out of the equation. For more information, please visit www.roomdao.io
About Bancor
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.
