[ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem

[Lyd]

Do you know what happens to distribution of bounty?

[1714515443]

1714515443

[1714515443]

1714515443

[1714515443]

1714515443

[bobq]

Do you know what happens to distribution of bounty?

It should happen any moment.

[nootsnef]

Looking for suggestions on which wallet you use for Bancor. Thanks!

[trendsetter3]

any more new information?

[The Goat Master]

Looking for suggestions on which wallet you use for Bancor. Thanks!

I use MyEtherWallet(MEW)

[abonarea]

Do you know what happens to distribution of bounty?

Everyone is waiting for smart contract made for bounties to be unlocked. It was told to be unlocked and tokens to be transferable on 12th July and we are still in the date. It can be unlocked anytime. Be sure once very first person gets he will surely share his experience with everyone here.

[wxi734862]

Looking for suggestions on which wallet you use for Bancor. Thanks!

There is currently no use of the wallet only released etherc20 token, the use of eth wallet can deposit to the exchange

[furylmz]

Looking for suggestions on which wallet you use for Bancor. Thanks!

Ledger nano s
I keep it at Eth address

[patroncito]

Anyone working for the bancor team around? Please give us an update on the project. We want this thing to take off ASAP. It should be @ $25 alrady

[Shahrul09]

Anyone working for the bancor team around? Please give us an update on the project. We want this thing to take off ASAP. It should be @ $25 alrady

if you read few page before you could see the update.

And no, it wont go to $25 a month after ico if you understand the project properly.


And the team is not active in bitcointalk, go to their telegram or slack for latest update.

[Shahrul09]

New update in telegram:

Guy @ BANCOR

Hello, folks. We will create a recurring, predictable update policy, likely weekly or bi-weekly, in the near future. Stay tuned.

Right now we are focused on finishing up the token changer infrastructure (tech and legal), closing deals with additional major ERC20 tokens beyond Gnosis, hiring new staff for numerous critical positions and on boarding high profile, upcoming token sales that will be using the Bancor protocol smart token standard with BNT as their reserve.

[Burmik123]

New update in telegram:

Guy @ BANCOR

Hello, folks. We will create a recurring, predictable update policy, likely weekly or bi-weekly, in the near future. Stay tuned.

Right now we are focused on finishing up the token changer infrastructure (tech and legal), closing deals with additional major ERC20 tokens beyond Gnosis, hiring new staff for numerous critical positions and on boarding high profile, upcoming token sales that will be using the Bancor protocol smart token standard with BNT as their reserve.

Thanks for news! But any news in telegram about bounty tokens?

[sud]

New update in telegram:

Guy @ BANCOR

Hello, folks. We will create a recurring, predictable update policy, likely weekly or bi-weekly, in the near future. Stay tuned.

Right now we are focused on finishing up the token changer infrastructure (tech and legal), closing deals with additional major ERC20 tokens beyond Gnosis, hiring new staff for numerous critical positions and on boarding high profile, upcoming token sales that will be using the Bancor protocol smart token standard with BNT as their reserve.

Thanks for news! But any news in telegram about bounty tokens?

Just that they are finalizing withdrawal option, so stay tuned, it should be later today.

[sammys]

they reserve for bug 396,619.85 BNCECO . If we look for web service bug then 396,619.85/500=793.2397 . They predict in their web service 793 bug . Is that a joke or is their system have problems with the security ?

[addicto]

I'm thinking about buying more to average my loss.

Fantastic strategy to reduce the lose by taking dip at low price I also doing this currently this is promising project and some big investors from real world are involved in this game. I believe one day price will reach over $100.

[nathalie20]

Why does the team promise something and does not do it? July 12 promised that the withdrawal of the bounty is to operate

[bitcoinentchen]

Why does the team promise something and does not do it? July 12 promised that the withdrawal of the bounty is to operate

and why you asking in every single thread for bountys?

[disconnectme]

Why does the team promise something and does not do it? July 12 promised that the withdrawal of the bounty is to operate

and why you asking in every single thread for bountys?

Because he is duly entitle to the bounty, he performed a certain task for the team promotion  of their ICO and was successful, so the team need to fulfill the social agreement between them

[DonApp]

Some updates about new developments from the Bancor team would be nice. They have been silent for quite a while.

Considering how much money they got and how little they have released so far I did expect they would be faster with updates and keeping the community in the loop.

Well i think they have done it better compared to others ICO out there,
They have release a testnet (alpha) platform,
And will (in progress ) to release the BNT-GNO token chnger.

Join the telegram because they sometimes answer question there, they only post important news on blog.

Its better than let say, Golem, after 7months? Today only they have release the alpha for brass.



Guy @ Bancor:
Sure. The GNO-BNT token changer has finished the dev phase. It is undergoing rigorous testing.

Remember that once it works, it is basically copy/paste to do the others, requiring only changing the properties during creation (instead of GNO, using DGD for example, hint hint).

We expect this process to not take much longer. However there are additional considerations that might effect timing, namely:

1. UX. As you know, the front-end still needs more development (particularly the security related aspects of using HTML/browser). This raises the question about how to best release the token changer in the meantime using a more complex buying and selling process (as with BNT). This is our current direction although I can hear the complaints already... Bancor needs to make a dead simple interface for everyday people! Yes, we know

2. Legal. We must complete a legal review regarding the correct methodology of launching the token changer as unlike the BNT fundraiser, there is even more sensitivity around this deployment from a regulatory perspective. The good news again here is that when we get the green light it applies to all the token changers and likely the token baskets as well.

We will keep you all posted. We are moving on this as fast as possible as like you all, we are excited that these token changers will provide the first real world use case (utility) for the token, a rarity in the current crypto landscape.

Thanks for sharing this here! The team should share the updates here as well. Messages get lost in slack/telegram quite easily. Strange they are not communicating more frequently, but i understood they will change that in future.

[Shahrul09]

they reserve for bug 396,619.85 BNCECO . If we look for web service bug then 396,619.85/500=793.2397 . They predict in their web service 793 bug . Is that a joke or is their system have problems with the security ?

Wat da fuck wrong with you?

They allocated 0.5% total bnt for bug bounty for 2 years.
They put this before they start ico.
They cannot predict how much they gonna get.
(If they collect half from the ico, they predict 397 bugs?,
If they collect 1/4 from original ico, they predict 198 bugs?)

What ever you put there is after the ico, they calculated based on total bnt they get.