SPINDLE to Integrate the Bancor Protocol

Tokyo, Japan – On 5th of July, a founder of SPINDLE, Shuichi Uda, attended one of Asia’s largest blockchain industry events, TokenSky Tokyo 2018, and announced SPINDLE’s integration of the Bancor Protocol.

By integrating the Bancor Protocol, SPINDLE token 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 the Bancor Wallet or any Web3 wallet, such as MetaMask. Currently integrated tokens include ETH, BNT (the Bancor Network Token), GNO (Gnosis), BNB (Binance), and a long list of announced projects soon to be activated.

SPINDLE has raised nearly 80,000 ETH at the completion of Token Sales in June 2018. Users will be able to buy and sell SPINDLE tokens directly from the Bancor Wallet or any Web3 wallet at a formulaically calculated price.  

About SPINDLE

Unique Investment/Asset Management Platform with Utmost Transparency and Fairness

SPINDLE is an investment/asset management platform with unalterable, highly transparent information based on blockchain and smart contract technologies. It records the operator’s plans, history and performance with cryptocurrency using blockchain technology, so customers can judge investment options based on information that cannot be falsified. Also, customers make direct investments using the SPINDLE currency, so that no third party can intervene in the investment process. Such investment is immediately recorded in the blockchain using smart contract technology so that the relationship between investors and asset managers is created on equal terms without the need for conventional banks or securities companies to act as middlemen. SPINDLE believes that establishing a fair relationship between investors and asset managers is the best way to remove investors’ vague sense of unease about investment/asset management, and the underlying transparency and reliability of information will serve as a catalyst for more people to become involved in proactive investment/asset management.

About BancorBancor 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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