SENSE integrating Bancor Protocol™ to Make SENSE Tokens Continuously Liquid
LOS ANGELES, Nov. 8, 2017 /PRNewswire/ -- SENSE, creators of Sensay, a Los Angeles-based tech company specializing in building distributed messaging systems using AI, chatbots and conversational data analysis, today announced a collaboration with Bancor, the first protocol for autonomously convertible Smart Tokens™. Under the terms of the partnership, SENSE will create a SNSBNT Token Relay™ which will allow anyone to convert SENSE to and from ETH easily online.
By integrating the Bancor Protocol, SENSE holders will gain access to continuous liquidity regardless of trade volume or exchange listings, through the Bancor Network™, where any integrated token can be automatically converted to any other directly from any Web3 wallet, such as Parity or MetaMask. Currently integrated tokens include ETH, BNT (the Bancor Network Token™), GNO (Gnosis), STX (Stox) and a long list of announced projects soon to be integrated.
"We believe liquidity is one of the fundamental benefits we can offer the growing SENSE community. By allowing SENSE tokens to be easily convertible through the Bancor Network, we are solving a major pain point for our supporters," said Crystal Rose, CEO of SENSE. "We expect potential participants to have increased confidence in their SENSE token's usability after the token sale."
"We share the goal of making the promise of blockchain an attainable and positive reality for consumers in the near term. Connecting people to offer their knowledge to each other in simple and usable chat-based applications creates a compelling network use-case to be powered by the SENSE token. We couldn't be happier to welcome the SENSE community to the Bancor Network," said Galia Benartzi, co-founder of the Bancor Protocol.
To date, the Sensay network has over 21 million Sensay Coins already in circulation among nearly 3 million users, radically increasing digital currency adoption. SENSE's public token sale is currently running till November 30, 2017 and will further propel the network to facilitate human intelligence sharing across a variety of messaging applications.
ABOUT SENSAY: Sensay is a Los Angeles-based tech company that specializes in AI, chatbots, conversation analysis and messaging. The platform is available across popular mobile messengers on all operating systems, allowing users to chat and transact freely between them. For more information please visit:http://sensay.it
The SENSE logos and brand assets are available at http://sensetoken.com/press
ABOUT BANCOR: 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 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 and read the Bancor Protocol Whitepaper.
SOURCE Sensay
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