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

We are happy to announce that Auctus is integrating the Bancor Protocol to provide continuous liquidity for our retirement planning platform and for AUC token holders.

By integrating the Bancor Protocol and joining the decentralized liquidity network, AUC tokens will be instantly convertible 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.

Auctus will activate a Relay Token with around 1% of its initial 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 of Auctus. “We are integrating with Bancor to provide our users with an easy way to convert tokens and to be prepared for future exchange listings.”

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.

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