The Foundation’s mission is to champion the Bancor Protocol as the standard for value creation and transfer.
Bancor’s innovation reimagines the way value can be created and transferred. We are working towards a future where one form of value can be easily connected to any other through an open-source protocol without rent-seeking middlemen, similar to how information networks are connected through protocols such as TCP and HTTP.
Liquidity is essential and it must be:
The Bancor Protocol enables innovative applications which foster simple ways to create, convert, discover and use digital assets.
By facilitating the ability for different user-generated currencies to easily convert with each other, such a system can be used to promote a more even distribution of global wealth and stimulate individual economies.
The belief that freedom of currency is a human right.
The phenomenon of user-generated and community currencies which show promise throughout history, and all over the world.
The chance to redesign the global economy from the ground up.
The Bancor Protocol is named after the International trade balancing currency originally developed by John Maynard Keynes and E.F. Schumacher and proposed by Keynes at the Bretton Woods Conference in 1944.Read the wikipedia article
“Our current monetary system was designed some 300 years ago, during an era that knew nothing of natural limits and had a completely different set of objectives and priorities. It’s a tool that should be serving us, rather than being our master. And since it is a man-made construct, it can be re-thought, re-imagined, and redesigned.”