• 24.01.2018, 14:49:17
  • /
  • OTE0001

BlockEx to Integrate Bancor Protocol to Provide Continuous Token Liquidity

London (ots/PRNewswire) - BlockEx, a Digital Asset Exchange Platform
(DAxP) currently launching a Token Sale, will make its tokens, the
DAXT, available on the Bancor Network.

BlockEx is a Digital Asset Exchange Platform (DAxP). As part of its
mission to offer the best digital assets to its users, it has
launched the BlockEx ICO Market. BlockEx prides itself on bringing
the sound regulatory framework and good governance of traditional
financial institutions to the ICO landscape. Users will be able to
participate in curated, compliant ICOs in the BlockEx ICO Market. To
access these ICOs at pre-sale, participants can use BlockEx's token,
the DAXT. BlockEx is currently running the ICO for DAXT, which can be
used to guarantee an allocation of exclusive, high quality ICO tokens
at pre-sale.

(Logo: http://mma.prnewswire.com/media/608924/BlockEx_Logo.jpg )

Within a week of the BlockEx ICO concluding, 2% of the total supply
of DAXT will be available on the Bancor Network. Bancor is a
Decentralized Liquidity Network that allows users to hold any
Ethereum token and convert it to any other token in the network, with
no counterparty, at an automatically calculated price, using a simple
web wallet. By integrating the Bancor Protocol, DAXT holders will
gain access to continuous liquidity, regardless of trade volume or
exchange listings. You can join the BlockEx community here (https://a
pp.bancor.network/communities/5a4e412c4264760001089969/about) .

On the Bancor Network, integrated tokens can be converted
automatically to any other token on the network, from Web3 wallets
such as MetaMask. Currently integrated tokens include ETH, BNT (the
Bancor Network Token), WAX, STORM, GNO and over 10 others, with many
more soon.

About BlockEx

BlockEx's Digital Asset Exchange Platform (DAxP) is an institutional
grade exchange with blockchain asset origination, dematerialisation
and lifecycle management tools. The BlockEx DAxP includes a digital
asset creation tool, exchange, clearing, settlement, registry and
brokerage software. The offices are in London, Bulgaria, Taiwan and
Israel. https://www.blockex.com/

About Bancor

Bancor Protocol(TM) is a standard for the creation of Smart
Tokens(TM), 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 compliant tokens, without needing to
match two parties in an exchange. Smart Tokens interconnect to form
token liquidity networks, allowing user-generated cryptocurrencies to
thrive. For more information, visit the website
(https://www.bancor.network/) and read the Bancor Protocol white
paper (https://www.bancor.network/whitepaper).

Contact: Adam Leonard, +44-203-637-5764

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | PRN

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