Zinc Integrating with the Bancor Protocol
Zinc today announces a major integration with the continuous liquidity provider Bancor. Zinc is a decentralised hiring network using blockchain technology to enable workers to own their career data and earn ZINC tokens for interacting with employers and recruiters. By integrating with the Bancor Protocol, ZINC token holders will gain access to continuous liquidity regardless of trade volume or exchange listings.
ZINC holders will be able to convert their ZINC into any of the currently integrated tokens on the Bancor Network including ETH, BNT (the Bancor Network Token), GNO, STX and a long list of integrated tokens.
Zinc will activate a Relay Token within the week following the distribution of the ZINC tokens after a successful completion of the Token Sale. Users will be able to purchase and sell ZINC tokens directly from any Web3 wallet, such as MetaMask, at a formulaically calculated price.
“We anticipate a huge demand for the ZINC token and so it absolutely makes sense for us to provide our users with an easy way to convert their tokens,” said Luke Shipley, CEO of Zinc. “Bancor will provide a level of liquidity that will enable all workers to become a part of the Zinc network as we build our platform and revolutionize the recruitment industry.” ZINC will be activating a Relay Token a week after the conclusion of the token sale and funding $100,000 BNT and $100,000 ZINC.
A semi-anonymous, decentralised hiring network that enables workers to own and earn from their career data. Zinc is a trust protocol for your work experience and reputation, tackling worthwhile problems including prejudice, data abuse and centralisation in hiring. The Zinc token is an ERC20 token with limited supply and is now available to purchase.
A host of industry experts have joined Zinc as advisors in their journey to build a semi-anonymous careers network, including Keith Teare, Alexandra Kelly and Fabian Vogelsteller. Their experience founding and growing companies puts Zinc in a unique position to grow the network and refresh the way we give references and use career data.
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 compliant tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. For more information, visit the website and read the Bancor Protocol White Paper.