TV-TWO Integrating Bancor Protocol to Provide Token Liquidity for ICO Participants and Users Earning Crypto Watching TV
TV-TWO, a Blockchain-based ecosystem for video entertainment on the big screen that allows consumers to earn crypto watching TV, has today announced its integration of the Bancor Protocol to provide continuous liquidity for their platform. On May 24, 2018, the TV-TWO Public Sale has launched with over 10,000 participants whitelisted. So far, USD $7.5M have been collected. The company is currently in the last weeks of its ICO.
By integrating the Bancor Protocol, the TV-TWO platform will gain another important partner to achieve the continuous liquidity needed to run their operations. The Token for Television (TTV) will be automatically convertible to any other integrated token such as ETH, BNT (the Bancor Network Token), GNO (Gnosis), BNB (Binance) and many more. The TTV is the only means of payment to book spots in the personalized video stream of TV-TWO. Brands that deliver video messages through the platform build direct relationships with the viewers by rewarding them with TTV for their attention and their shared data. TV-TWO will shake up the gigantic TV advertisement market and introduce transparent campaign reporting through the Blockchain technology.
“As a consumer-centric dApp, we anticipate to have a viewership beyond 100,000 users soon, resulting in strong demand for the TTV from the very beginning . Therefore, it is key for us to offer easy ways to convert our tokens — both for ICO participants and TV-TWO users earning crypto watching TV.” said Philipp Schulz, Co-Founder TV-TWO.
TV-TWO is the Blockchain-based Future of Television. TV-TWO eliminates the gatekeeper status of TV networks and prevents tech giants like Google and Facebook from owning the medium in the future. The Open Platform surrounding the utility token enables direct interaction between users, advertisers, and content providers. As TV still is the biggest advertising market ($180bn volume) and the world’s favorite pastime, TV-TWO has an immediate use case for 700M Smart TVs waiting for innovation.
Bancor Protocol is a standard for the creation of Smart TokensTM, 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.
The TV-TWO ICO is live now! Find the “Buy TTV Tokens” button on our website. For more info, check out our FAQ section, subscribe to our newsletter, and don’t forget to follow the latest news on Telegram, Twitter (@tvtwocom), Facebook, or Medium. We’re also active on BitcoinTalk and Reddit.
Keen to find out more about we’re doing at TV-TWO? Take a look at our whitepaper.