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What is bancor protocol?

Bancor Protocol allows any user in the world to generate a currency for his community or for his business with instant liquidity.

Is it just another platform for generating crypto-currency?

No, With Bancor protocol you can issue an instant liquid token and you don't need the presence of the buyer and the seller at the same time just with the power of the reserve idea behind bancor.

How to issue instant liquid tokens?

It's easy to issue a Token in the protocol you just need to chat with a bot that asks you for the name of the currency, and its reserve ratio than boom the token is tradable.

What is the reserve ratio CRR?

The reserve ratio is the engine behind Bancor it's the responsible for the instant liquidity and the solver of the double coincidence of wants problem.

What do you mean?

50% CRR in BNT means every BNT Enter or Exit the reserve is equal to 2 HICs issued or burned.

Let's say that we have a token named hictoken (HIC) with 50% CRR in BNT and we have a supply of 1000 HICs if any one want to buy 100 HICs he don't need to find a seller he just need to put more BNT in the reserve of the hictoken and with a CRR 50% he just need to put 50 BNT to issue his 100 HICs and the total supply of the currency became 1100 HICs.

Let's say he wants to sell his 300 HICs? (current supply 1100 HICs)

He just sold those units to the bancor protocol (The Protocol burn them) and he gets 150 BNT back and the supply became 800 HICs.

Why bancor will success?

Because i wrote on it :), The team just look to the team behind at https://www.bancor.network/about

Can I get Bancor tokens right Now?

Yes, you can get it from the smart contract with the same process clarified only with one difference the Ethereum is the reserve of bancor.

This is the link: https://www.bancor.network/bnt

@hichemfetoui