Bancor is launching a network of blockchain-based community currencies in Kenya aimed at combating poverty, according to a press release shared with Cointelegraph June 18.
Bancor, self-described as a “decentralized liquidity network,” secured a then-unprecedented $153 million in under three hours in an Initial Coin Offering (ICO) June 2017. As of press time, it is the world’s largest decentralized crypto exchange with almost $1.6 million in trade volume, according to data from CoinMarketCap.