SleekPlay Integrating the Bancor Protocol to Provide Liquidity for its Community
SleekPlay, a new blockchain platform that harnesses the computational power of devices to monetize content in a manner that benefits millions of users and developers worldwide, has today announced its integration of the Bancor Protocol to provide continuous liquidity for the SleekPlay Platform. SleekPlay just commenced its private token generation event and is expected to reach its campaign goals.
By integrating the Bancor Protocol, SKP token holders will gain access to continuous liquidity regardless of trade volume or exchange listings, through the Bancor Network, where any integrated token can be converted to any other directly from the Bancor Wallet or any Web3 Wallet such as MetaMask. Currently integrated tokens include ETH, BNT (the Bancor Network Token), ENJ (Enjin), BNB (Binance) and a long list of announced projects already activated or soon to be.
‘We want to build a strong community and develop SleekPlay as a realistic replacement to the traditional content monetization model that clearly have flaws and drawbacks. It is therefore imperative that we give everyone adopting us an easy way to convert tokens’, said Emmanuel Obare, Co-Founder, SleekPlay.
SleekPlay will activate a Relay token with 1.5% of its circulating supply within two weeks of the completion of its token generation event. Users will be able to convert SKP tokens for other tokens using a Bancor Wallet or any other Web3 wallet at a formulaically calculated rate.
Sleekplay is a blockchain based platform that reinvents content monetization. By harnessing the computational power of user devices based on a unique goal system that encourages long session engagement, the platform is able to profit integrated developers and incentivize contributing users. Platforms that provide music, games, movies and videos to millions of users worldwide are prime beneficiaries of the SleekPlay platform. Users are encouraged to play more and get paid in the process. Developers can monetize content in a forward thinking manner void of all the drawbacks of traditional models. Visit us on https://www.sleekplay.com, join our Telegram and follow us on Twitter.
Bancor Protocol is a standard for the creation of Smart Tokens, Cryptocurrencies with built in convertibility directly through their smart contract. Bancor utilizes an innovative token ‘connector’ method to enable a formulaic price calculation and continuous liquidity for all integrated tokens, without needing to match two tokens 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.