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What is Bancor?
Bancor is a series of smart contracts that facilitate the on-chain conversion of tokens, allowing for quick and easy token swaps without the need for a traditional exchange. The protocol's smart contracts manage liquidity pools that connect various tokens within the network.
The governance token of Bancor is vBNT, which is issued to users who stake BNT in Bancor liquidity pools.
Who Founded Bancor?
Bancor was founded in 2017 by Eyal Hertzog, Yudi Levi, and Galia and Guy Benartzi. The name "Bancor" was chosen as a tribute to John Maynard Keynes, who coined the term 76 years ago to describe a supranational currency.
Eyal Hertzog is the product architect of the protocol, BNT, and other network-related products. He is a well-known figure in the crypto industry and has been a technology entrepreneur for over 20 years. Previously, he founded MetaCafe, a popular video sharing site in Israel with over 50 million users.
Guy Benartzi is the CEO of Bancor and also co-founded Mytopia in 2005, a company that develops cross-platform games for social network users.
Galia Benartzi, a co-founder of the Bancor protocol, is a technology entrepreneur with extensive experience. At Bancor, she serves as the business developer and is also the CEO and founder of Particle Code.
Yudi Levi, the CTO of Bancor, has over 20 years of experience as a technology entrepreneur. He previously co-founded AppCoin, an app that enables communities to create their own currencies.
Answers
What is Bancor?
Bancor is a series of smart contracts that facilitate the on-chain conversion of tokens, eliminating the need for exchanges. The protocol manages liquidity pools that connect various tokens within the network.
vBNT is Bancor's governance token, issued to users who stake BNT in Bancor liquidity pools.
Who are the founders of Bancor?
Bancor was founded in 2017 by Eyal Hertzog, Yudi Levi, Galia Benartzi, and Guy Benartzi. The name "Bancor" is a tribute to John Maynard Keynes, who coined the term 76 years ago to describe a supranational currency.
Eyal Hertzog, the product architect of the protocol and BNT, has been a technology entrepreneur for over 20 years. He previously founded MetaCafe, a popular video sharing site in Israel.
Guy Benartzi, the chief executive at Bancor, is also a co-founder of Mytopia, a company specializing in cross-platform games for social networks.
Galia Benartzi, a co-founder of the Bancor protocol, is the business developer at Bancor. She has a strong background as a technology entrepreneur and is also the CEO and founder of Particle Code.
Yudi Levi, the CTO at Bancor, has been a technology entrepreneur for over 20 years. He co-founded AppCoin, an app that enables communities to create their own currencies.
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