Thirty-five tokens are already convertible on the Bancor Web App, and counting. Blackmoon Crypto is one of the latest projects to join the network.
Blackmoon attracted $30 million in their successful token launch last September.
“The main idea of Blackmoon Crypto is to provide a legal and technical framework for asset managers to create and continuously manage tokenized investment funds. Blackmoon will issue crypto tokens that asset managers can distribute to investors through new vehicles. Blackmoon will provide the legal frameworks to effectively incorporate as legal entities so that they can focus on their products and services” said Oleg Seydak, CEO of Blackmoon Financial Group, in a recent interview with CoinDesk.
Here is what Ilya Remizov, Blackmoon’s CTO had to say about integrating the Bancor Protocol:
Why did you decide to join the Bancor Network?
Bancor has been a partner since our crowdfunding stages. We saw the Bancor Protocol as a secure and efficient solution to provide additional liquidity to our token holders. We share Bancor’s vision of autonomous markets and strongly believe that this cooperation will open great opportunities to both our communities.
What do you think about the token conversion experience on the Bancor Web App?
The Bancor Web App is a huge step to simplifying cryptocurrency for non-professional users. There are field of improvements like wide browsers and wallets support, mobile sdk/app, widgets, etc, but it's good enough to fit daily needs for conversions.
What kind of feedback did you receive from your community regarding the Bancor Web App?
Overall, our community welcomed the Bancor Web App, however the majority of our community are still in the process of formulating their opinion. There was some concern on the high premium compared to other exchanges however this could have been due to the high volatility of major altcoins.
How did this partnership influence you/your token/the project?
We are still in early stage of cooperation, but we are sure that this partnership will only bring benefits to our token and project. Being part of the Bancor ecosystem has increased circulating volume and has stimulated active trading. Both our dev and marketing teams have an open channel where we share and discuss community feedback. Our goal is to ensure that user experience is optimal for both communities.
Planning to launch a token? Have an existing token? Reach out to learn more about how Bancor Protocol can solve the your liquidity challenge.
