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

[PaulEngelbertink]

Quick Explainer on Bancor

https://www.investitin.com/bancor-cryptofund/

The protocol delivers more liquidity, so this way it's also easier to swop to a different token without the use of Exchanges and fees!

[1714187293]

1714187293

[1714187293]

1714187293

[s@t0sh!]

What is the exchange rate for Bancor vs. Ether?

[bushstar]

Apologies if this has been asked before but can someone please clarify one point for me, is the currency for exchange always Ethereum?

In examples Ethereum is used and it is said that this will be deployed on the Ethereum network. If it is just Ethereum to start with will it expand to other networks later?

[Sam San]

which describes the modalities of ico 12.06....what is 1 hour without cover....trade is just one hour?
thanks found

100 BANCOR
Conversion Rate
--
USD Rate
--
Total USD Rate
•The fundraiser will run for 14 days or until the hidden cap is reached, with a 1 hour minimum time.
•Cap will be revealed when 80% of the cap is reached
•DO NOT send funds from exchanges
•DO NOT send your funds before the fundraiser has begun
Send ETH:
Address will be revealed 2 days prior to the fundraiser

[jakev]

What is the exchange rate for Bancor vs. Ether?

100BNT:1ETH

Apologies if this has been asked before but can someone please clarify one point for me, is the currency for exchange always Ethereum?

In examples Ethereum is used and it is said that this will be deployed on the Ethereum network. If it is just Ethereum to start with will it expand to other networks later?

Bancor will release on Ethereum first. There is potential to move to other platforms down the road such as Rootstock, as well as integrations with Cosmos.

[majestymage]

What is the exchange rate for Bancor vs. Ether?

on the ico stage there will be 100 bancor for 1 eth

[bushstar]

It sounds like Bancor is going to be in competition with the Waves Platform. You can create your own tokens on each network and they can be exchanged within the system. Why use Bancor and not Waves?

[royalfestus]

What is the exchange rate for Bancor vs. Ether?

on the ico stage there will be 100 bancor for 1 eth

Is there no bonus for the purchase at the early stage?

[inck]

What is the exchange rate for Bancor vs. Ether?

on the ico stage there will be 100 bancor for 1 eth

Is there no bonus for the purchase at the early stage?

No. Take a look at the terms published on their blog.

[jakev]

It sounds like Bancor is going to be in competition with the Waves Platform. You can create your own tokens on each network and they can be exchanged within the system. Why use Bancor and not Waves?

I would say that Waves is somewhere between an Ethereum and a Bancor. It provides the infrastructure to create tokens and eventually smart contracting capabilities. Bancor's focus is on providing liquidity through their algorithmic pricing and removing the need for exchanges. Waves doesn't offer this functionality, but rather uses the DEX to match a buyer and a seller.

[FandangledGizmo]

It sounds like Bancor is going to be in competition with the Waves Platform. You can create your own tokens on each network and they can be exchanged within the system. Why use Bancor and not Waves?

I would say that Waves is somewhere between an Ethereum and a Bancor. It provides the infrastructure to create tokens and eventually smart contracting capabilities. Bancor's focus is on providing liquidity through their algorithmic pricing and removing the need for exchanges. Waves doesn't offer this functionality, but rather uses the DEX to match a buyer and a seller.

Are there any examples of Bancor's algorithmic pricing model using reserve assets being applied in the financial markets to date?

Also Bitshares has over-collateralised currency stable assets, using BitShares as the reserve, that have been functioning well for over two years, incl. BitCNY and BitUSD which have combined capitalisations of over $5 million.
They could be a lot more popular on Ethereum. Is that something you've looked into or considering?

[jakev]

It sounds like Bancor is going to be in competition with the Waves Platform. You can create your own tokens on each network and they can be exchanged within the system. Why use Bancor and not Waves?

I would say that Waves is somewhere between an Ethereum and a Bancor. It provides the infrastructure to create tokens and eventually smart contracting capabilities. Bancor's focus is on providing liquidity through their algorithmic pricing and removing the need for exchanges. Waves doesn't offer this functionality, but rather uses the DEX to match a buyer and a seller.

Are there any examples of Bancor's algorithmic pricing model using reserve assets being applied in the financial markets to date?

Also Bitshares has over-collateralised currency stable assets, using BitShares as the reserve, that have been functioning well for over two years, incl. BitCNY and BitUSD which have combined capitalizations of over $5 million.
They could be a lot more popular on Ethereum. Is that something you've looked into or considering?

There hasn't been anything quite like this implemented before. It is based on theoretical frameworks presented by thinkers like FA Hayek. I guess one of the most related applications in practice is a prediction market or sports betting platform. The odds are weighed on one side at first, but balance out/shift over time with different people choosing sides. It's similar to Bancor tokens in the way that you can create/redeem tokens which causes fluctuations in the price.

Bitshares is doing some great work for sure! Ronny and team are some of the most forward-thinking minds in the space. Regarding stable assets on ETH, there are a few projects working on this including STABL. They should be active in a few months and will be a great addition to the protocol.

[Palaxidon]

Ico starts in 5 days... Will there be a Bounty campaign?

[BtcMan2009]

A very interesting project, I hope that all the plans the team will implement. I wanted earlier to take part in the company's bounty, but it turned out very wrong. So unfortunately I had to miss. I will continue to follow with interest.

[jakev]

Ico starts in 5 days... Will there be a Bounty campaign?

The bounty campaign has been live for quite some time. Check out the Bancor website for details at www.bancor.network

[lrntox]

It's nice to hear bancor work with wings, good news one

[ginobitcoiner]

I am curious after the wings cooperate with bancor, hopefully the implementation of ico can reach funds according to the target set
good luck !!

[Palaxidon]

I am curious after the wings cooperate with bancor, hopefully the implementation of ico can reach funds according to the target set
good luck !!

Was thinking about same thing. Wings have partnered with pretty big players in this game and I see wings as super Succesfull project in future. I have very good vibes about Bancor project.. Ico didnt even start yet and there is a lot of people who knows about this allready.. Word about Bancor is getting spread lightning fast.

Today also as you propably know allready: 1st WINGS DAO Forecast on BANCOR

https://twitter.com/wingsplatform/status/872475682441482241

[sud]

There is reward for WINGS DAO members if you forecast the amount of BNT contribution fundraiser.

https://blog.wings.ai/wings-pre-beta-instructions-for-bancor-fundraiser-evaluation-792fe13001ee

https://blog.wings.ai/wings-pre-beta-and-bancor-crowdfunding-price-discovery-82666156bfa2

[happypencil]

this project look like very hot,i will be out.