San Francisco, USA – March 25 2018: Cryptyk, a new blockchain platform directly addressing the trillion-dollar cyber security problem, today announces its integration with the Bancor Protocol to provide continuous liquidity for the Cryptyk Token platform.
By integrating the Bancor Protocol, Cryptyk token holders will gain access to continuous liquidity through the Bancor Network, where any integrated token can be instantly converted to any other. Currently integrated tokens include ETH, BNT (the Bancor Network Token), GNO (Gnosis), BNB (Binance), TRX (Tron) and a long list of other tokens. "We are always looking to maximize the value of participation in our ICO so it makes sense for us to provide our users with an easy way to convert tokens" said Dr Adam Weigold, CEO of Cryptyk. "Integrating with Bancor will provide liquidity to everyone who wants to be a part of Cryptyk as we build our platform and revolutionize the cyber security industry."
Cryptyk will activate a Relay Token with 1% of its circulating token supply within two weeks following the successful completion of the Token Sale. Users will be able to buy and sell Cryptyk tokens (CTK) at formulaically calculated prices. Cryptyk is currently undertaking its ICO and is in private pre-sale until April 20th. The public sale will run from May 1 until June 1.
About Cryptyk Cryptyk is a blockchain technology company that has developed a revolutionary new approach to cyber-security and cloud storage. Cryptyk’s new Hybrid Blockchain Technology is based on the integration of encrypted decentralized file storage with blockchain auditing and monitoring. It is the first complete cyber-security and cloud storage solution from a single vendor, and dramatically reduces the cost of cyber-security for all enterprise.
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 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 Network.