Swachhcoin is proud to announce its partnership with Bancor Protocol!
Swachhcoin which is constantly growing and is hard at work signing prospective partnerships. Today we’re really excited to reveal our newest partner from Switzerland Bancor.
Bancor has proven themselves in raising about $147 million in an initial coin offering, making it the second-largest fundraising campaign in the blockchain industry
Bancor protocol is an initiative of the Bprotocol Foundation, a nonprofit organization based in Zug, Switzerland. Bancor protocol is a standard for the creation of Smart Tokens, a new standard for cryptocurrencies which are intrinsically tradable. Starting on the Ethereum public blockchain, Bancor utilizes an innovative reserve method to enable built-in price discovery and automatic liquidity for cryptocurrencies, without the need for matching two parties in an exchange. The Bancor protocol creates a new type of interconnected asset exchange ecosystem which unlocks the long tail of user-generated tokens. Smart tokens are designed with additional functionality such as “delegated account recovery” and “vaults” to address security and recovery issues. The aim of these features is to make cryptocurrencies accessible to all and to encourage mass adoption of these advanced technologies in society.
Swachhcoin Foundation is a non profit organization whose primary objective is to work extensively to overhaul the waste management sector by acting as a complete technology developer and service provider in this domain.
Bancor will provide Swachhcoin with liquidity by creating a smart contract via the Bancor Protocol. This will be enabled by Bancor Smart TokensTM, which interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive.
Bancor and Swachhcoin will work closely together to ensure that Swachhcoin payments are processed through the Bancor Protocol with precision, enabling efficient liquidity.
Aditya Kumar CEO of Swachhcoin commented:
We are ecstatic about our collaboration with Bancor Network. This commitment is solely directed towards the benefit of the participants of our token sale by providing them seamless liquidity on a highly trusted and recognised platform in cryptocurrency space.
For further information, visit Swachhcoin and Bancor or read Swachhcoin whitepaper here.
You can join our ongoing Pre-sale here: https://swachhcoin.com/pre-sale/
Join our Community here:
