Hash Card Integrates Bancor Protocol to Provide Token Liquidity for Card Holders Crypto Debit Card Offers Instant Cryptocurrency Conversion
Hong Kong – May 11, 2018 – Hash Network Limited (HSHC), one of the first providers to offer a crypto debit card with instant conversion, announced today its integration of the Bancor Protocol to provide continuous liquidity for the Hash Card platform. Earlier this week, Hash Card received over 1500 applications in the first 48 hours and raised over $1.5 million in their private pre-sale ahead of their public sale and are anticipating more than 20,000 clients by year end.
By integrating the Bancor Protocol, HSHC 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.
“We anticipate having a huge community and massive demand for the HSHC token, so it absolutely makes sense for us to provide our users with an easy way to convert tokens,” said Karol Kozlowski, CEO of Hash Card. “Integrating with Bancor will provide liquidity to everyone who wants to be a part HSHC as we build our platform and revolutionize how people use debit cards today.”
Hash Card will activate a Relay Token with two percent of its circulating token supply within a week following the successful completion of the Token Sale. Users will be able to purchase and sell HSHC tokens directly from the Bancor Wallet or any Web3 wallet at a formulaically calculated price.
About Hash Card
Hash Card is one of the first crypto debit cards that offers instant cryptocurrency conversion to traditional currency in real-time with over 20 altcoins as a funding method, bringing long-awaited liquidity and simplicity to crypto holders. To order your card or learn more please visit the Hash Card website or join Hash Card Telegram group.
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 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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