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KyberNetwork Crystal is an on-chain liquidity protocol built on top of Ethereum blockchain. It allows to convert one ERC20 token into another. KyberNetwork is an open source project started in Q1/2018 by a team of developers from Singapore. The code is written on React.JS.
The main purpose of this protocol was to provide functionality of decentralized token swaps within Ethereum blockchain. For Q4/2018 the team of KyberNetwork developers have plans to support cross-chain exchanges (forShow more [+] ample, Bitcoin to Ether and vice versa). These token swaps can be integrated into any application for building payment flows and financial apps. It also allows to create a contract wallet, which can receive payments from any tokens. KyberNetwork is also being developer friendly, as all operations are transparent and easy to integrate into external software.
Protocol operates with KyberNetwork Crystal (KNC) tokens, ICO completed on September 2017 raising the total of $60.00 M.
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