Bancor Network Token
BNT

$ 6.38
0.00011600 BTC
Marketcap
$ 1,144,514,637
Volume (24h)
$ 179,809,756
Circulating Supply
179,475,658 BNT
Total Supply
179,475,658 BNT

Bancor Network Token CALCULATOR

BNT

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* Currency in USD
Historical Price for Bancor Network Token
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Bancor Network Token Markets
#SourcePairVolumePriceChangeUpdated

 

WHAT IS Bancor Network Token?

The Bancor Network launched with the aim of providing an automated solution to the problem of illiquidity for the tail-end of the token ecosystem. It introduced the use of what it calls Smart Tokens, which are ERC20 compliant on the Ethereum blockchain, to maintain an autonomous link between tokens within the network and continuously makes them available to buy and sell without the need for a counterparty. The price is calculated automatically by the Bancor formula. The Bancor Network Token NT) was the first Smart Token launched on the network and serves as the hub token connecting all other tokens within the network, making it possible for tokens to be easily converted for one another. Contributors to Bancor’s ICO, which successfully raised $153 million in June 2017, received half of the initial token allocation. Bancor is named after the supranational currency conceptualized by John Maynard Keynes and Ernst Friedrich Schumacherat, which was proposed by the former for the United Kingdom during the 1944 Bretton Woods conference.

Bancor Network Token Rank#89
Volume per 24 hours-11.01%
Coin price in BitcoinɃ 0.00011600
Changes in 24 hours-11.01% / decreased
Changes in 1 hour-0.28%
Changes in 7 days-8.22%
Volume per 24 hours$ 179,809,756
Circulating supply179,475,658 BNT
Max supply179,475,658 BNT

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