BankCoin (BANK) is a decentralized and developer-friendly public chain that claims to be a faster and cost-efficient ecosystem. BankCoin (BANK) has created a DeFi ecosystem with wallets, assets, and applications. 

The BankCoin platform was developed due to current issues related to trading and lending services. Therefore, BankCoin intends to provide an all-in-one ecosystem that ensures users' engagement in a program that benefits them and leads them to financial independence. The platform is open and accessible to users and developers to build a helpful ecology. Developers can explore the platform by creating, compiling, and testing the DApps. Users can also learn more about BankCoin (BANK) wallet, farming, and trading by using the platform. 

The platform is compatible with smart contracts and Ethereumblockchain to integrate their projects. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. The platform also allows users to explore the ecosystem with three different tools that are wallets, applications, and tokens. 

The platform's utility token is BANK which is a key constituent of the system. The token aims to enable trading and give access to other upcoming services in the BankCoin (BANK) ecosystem. The website claims that BANK is a cryptocurrency for the community to trade at the lowest transaction fees and use the token for trade. 

BANK serves two primary objectives: 

The platform plans to bring the next project of yield farming. Yield farming is a savings approach in the DeFi system. Yield farming involves lending out or staking the cryptocurrencies to receive rewards in the form of transaction fees and yield.

ICO (initial coin offering) of BANK (BANK) to the market happened in December 2017.