Bancor, a Zug, Switzerland-based company focused on developing a protocol for “the creation of smart tokens” which can be traded on a “decentralized exchange service,” has launched a platform that allows for “built-in convertibility” of cryptocurrencies “directly through” smart contracts issued on the network. As noted in a tweet storm, published on April 30th, 2019, from Bancor’s official Twitter account, Bancor’s liquid tokens aim to provide “a new form of liquidity that could transform the way we tokenize digital items” and their supporting ecosystems.
