After ICO token sale for Bancor Protocol is OPEN!

Sale closes in

A network of intrinsically tradable smart tokens on the blockchain
User-generated decentralized ETFs (Token Baskets)
Chatbots help anyone create a smart token and manage a crowdfund
Bancor Network Token (BNT) is available for trading

What is the Bancor protocol?

The Bancor protocol enables built-in price discovery and a liquidity mechanism for tokens on smart contract blockchains. These “smart tokens” hold one or more other tokens in reserve and enable any party to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens, directly through the smart token’s contract, at a continuously calculated price, according to a formula which balances buy and sell volumes.

Read the White Paper

Continuous Liquidity

Smart tokens can be purchased or liquidated by anyone anytime, through their smart contract.

Backward Compatible

Bancor enables liquidity and asynchronous price discovery for any existing ERC20 standard token.

No Spread

Prices are calculated by the smart token so buys and sells use the same current price.

No Counterparty Risk

No need to deposit in an exchange in order to convert between smart tokens.

Lower Volatility

Reserves endow smart tokens with significant market depth, resulting in reduced price volatility.

Predictable Price Slippage

Price slippage is pre-calculated relative to transaction size and incorporated into current price.

BANCOR Network Token

BNT will hold a single reserve in Ether. Other smart tokens, by using BNT as (one of) their reserve(s), connect to the Bancor network.

BNT forms a monetary structure where increased demand for any of the network’s smart tokens drives up the value of BNT, benefiting all other smart tokens holding it in reserve.

Want to learn more about the BANCOR network token?

How to Buy

To participate in the Bancor Token Post Sale distribution you will need to send ETH to the Ethereum smart contract address set forth below during a period of your choice. The Bancor Tokens will be reserved for you to 1st September of 2017. The minimum contribution amount is 0.01 Ether.

Ethereum smart contract address:


The BNT tokens will be reserved for you to claim when the period completes. Do not send ETH from an Exchange. If you send ETH to the BNT Token Distribution Contract from an exchange account, your BNT Tokens will be allocated to the exchange's ETH account, and you may never receive or be able to recover your BNT Tokens.
View Code on Github
  • Token Creation
  • Token Conversion
  • Smart tokens handle their own liquidity and price discovery using the reserve token they hold through their smart contract.
  • Change any smart token into any other in the network, automatically with algorithmic pricing.