Auctus Integrating Bancor ProtocolTM to Provide Continuous Liquidity for AUC Token Holders

Auctus, the world’s first blockchain based retirement plan platform, has entered a collaboration with Bancor to provide continuous liquidity for its token holders.

By integrating the Bancor ProtocolTM and joining the decentralized liquidity network, AUC tokens will be available in the Bancor Web App along with BNT (the Bancor Network Token™), STORM, OMG (OmiseGO), and a long list of partners using the Bancor Protocol. All the integrated tokens can be automatically converted to any other using MetaMask.

Auctus will activate a Token Relay™ with around 1% initially of its circulating token supply (exact percentage will depend on the ETH/USD rate and amount raised) within two weeks following the successful completion of the Token Sale.

“The global community using the Auctus Platform will use AUC tokens as the only platform currency to trade products and services within the platform”, said Raphael Vantroost, CEO at Auctus. “We are partnering with Bancor to provide our users with an easy way to convert tokens and to be prepared for future exchange listings.”

The Auctus token sale will launch on March 27, 2018, starting at 2 PM GMT. Contributors can register here: https://auctus.org/tokensale

About Auctus

The Auctus Platform is a global smart contract-based retirement and goal-based saving platform with specialized portfolio management services for traditional equity and bond investments, as well as cryptocurrency investments. The platform provides the user an aggregated view of all retirement savings, from government regulated IRA/401k plans, voluntary traditional retirement plans, as well as crypto wallets. Auctus’ mission is to put retirement savers back in control of their retirement plan by providing the information needed to make well-informed decisions and using blockchain to increase transparency and automation. Auctus offers robo advisory, transparency, automation and record keeping, as well as a marketplace that allows the retirement community to come together without middlemen.

About Bancor

The 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 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.

Images courtesy of Auctus

The content of this article was provided by the company referenced. Bitcoinist does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company.

20.03.2018 / 12:50 134
Auctus Review: Blockchain Pension Funds Auctus Review: Blockchain Pension Funds
The problems of centralized pension funds are too obvious to explain – frauds, inconveniences, low interest rates, high commission and unfavorable
Viberate Integrates the Bancor Protocol to Further Boost Liquidity Viberate Integrates the Bancor Protocol
Viberate, a token for the live music industry, has just integrated the Bancor protocol – making it one of the most liquid tokens in the music
PR: Auctus Releases the First Blockchain Based Retirement Planning Platform PR: Auctus Releases the First
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com
Auctus Releases the First Blockchain Based Retirement Planning Platform Auctus Releases the First Blockchain
Auctus, the world’s first platform for smart contract-powered retirement plans, which allows you to create customized retirement focused portfolios,
Comments (0)
Add a comment
Comment on