LiveEdu to Integrate Bancor Protocol
LiveEdu, a decentralized project learning platform for people to improve their job skills in future technologies, has today announced integration with Bancor to provide continuous liquidity for EDU tokens.
Through integration of the Bancor Protocol, EDU token holders will be given access to continuous liquidity on the Bancor Network where they will be convertible for any other integrated token. Tokens will not need to be traded on exchanges, but can instead be autonomously converted for other tokens on the network, at algorithmically calculated prices. The Bancor Network already includes ETH, BNT and a number of other soon to be activated projects.
LiveEdu Founder Dr. Michael J. Garbade: “Integration of the Bancor Protocol will provide not only liquidity for EDU token holders, but also increased accessibility to the LiveEdu network for all.”
LiveEdu will activate the Bancor Protocol within the week following the distribution of the EDU tokens after a successful completion of the Token Sale and will allocate between 2%-5% of circulating supply to stake the Token Relay. Users will be able to purchase and sell EDU tokens directly from any Web3 wallet at a formulaically calculated price. You can join the community here.
More than 13,000 content creators have produced over 200,000 pieces of video content on LiveEdu. In 2017, they launched premium projects and expanded the number of topics from just programming, to include six new topics: game development, data analytics, design, augmented and virtual reality, artificial intelligence and cryptocurrencies.
The LiveEdu pre-sale is currently ongoing with up to 50% bonus on EDU tokens. The main sale is set to begin on Jan, 15th 2018. See https://tokensale.liveedu.tv/ for more information.
LiveEdu is running its ICO through the UK subsidiary Livecoding Ltd.
LiveEdu is a decentralized peer-to-peer project learning platform for people to improve their job skills in future technologies. The blockchain education company is targeting the $46 billion global online education market. LiveEdu is building the YouTube for online education. They are taking one category out of YouTube and building it out into a bigger category of its own. Just as Twitch took the category gaming out of YouTube and built it into its own large vertical, LiveEdu is taking the category online education out of YouTube.
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.