ArtPro, the art provenance monitor and unique peer-to-peer marketplace, is today announcing that it will integrate with the Bancor Protocol, allowing the continuous liquidity flow of ArtPro Tokens (APT) on the platform.
As part of the Bancor decentralized liquidity network, it will be possible to convert APT to any other token integrated on Bancor directly from the Bancor Wallet or any Web3 wallet, such as MetaMask. With the use of Bancor connector Smart TokensTM, APT will be easily and continuously convertible at algorithmically calculated rates into a huge range of cryptocurrencies. See the full list of tokens using the Bancor Protocol.
The ArtPro market will create a place where buyers can easily browse and purchase art and artists can take advantage of a range of promotional tools to help them sell their work. Within the ArtPro platform the ArtPro Token (APT) has multiple uses including the acquisition of art as well as activating features and services on the platform. It forms an art marketplace fueled by APT which will meet the needs of artists, buyers, collectors and sellers.
As part of the integration, ArtPro will activate $100,000 USD worth of Relay Tokens within seven days of the successful completion of the crowdsale which ends on December 14th. CEO Oliver Hams explains: ‘With the adoption of the Bancor Protocol, ArtPro will ensure liquidity for APT token holders, an important step as we seek to drive platform adoption for ArtPro’.
ArtPro is a unique peer-to-peer marketplace, smartphone app and art provenance monitor built on immutable blockchain technology. Uniquely, the ArtPro platform focuses on connecting art buyers with private dealers and contemporary artists. It gives artists the tools they need to promote their work while seeking to engage a new, wider audience of art lovers. You can connect with ArtPro on Telegram, Twitter, Medium and Facebook.
The Bancor Protocol is a standard for the creation of Smart TokensTM, 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.