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

[BancorAmbassador]

Was bancor holding it's funds in crypto? How much ico funds does bancor currently hold? USD + CRYPTO + Other Investments.

The team must be sitting on pretty huge amount now, they collected their fund in Ethers and believe most of the fund is still in Ether, then the price was around $300 and now close to $700

How to you know that the team did not (yet) cash out a large part of the ICO proceeds? There will probably be a risk expert that is in charge of handling the ICO funds, but I doubt that they have kept most of their Eth.

Here's exactly how the the ICO funds were allocated: https://medium.com/@bancor/bancor-network-token-bnt-contribution-token-creation-terms-48cc85a63812

[BancorAmbassador]

Bancor was such a massive ICO, is there any traction being made? I ask because there isn't a lot of buzz at the moment.

Lot's of buzz actually. New tokens being added to the live web app on a regular basis. Currently 15 tokens now live and changeable. Check it out here: https://app.bancor.network/discover

Network volume increasing:
https://coinmarketcap.com/exchanges/bancor-network/

Plenty of top talent being hired: https://imgur.com/8ZK5ae6

Lots of positive press:

• https://www.forbes.com/sites/montymunford/2017/12/12/bancor-starts-to-deliver-on-its-record-breaking-153-million-ico/
  https://www.huffingtonpost.com/entry/bancor-reinventing-liquidity_us_5a2fc426e4b0bad787126fed
  https://venturebeat.com/2017/12/12/6-months-on-bancor-explains-what-happened-after-its-153-million-ico/
  http://fortune.com/2017/12/12/bitcoin-cryptocurrency-women/

...and a fresh progress update from the team: https://blog.bancor.network/

Also, check out this nice infograph mapping some of the progress during the past 6 months since TGE: https://i.redd.it/23t112jhax301.png

[vipgelsi]

Hoping Solarcoin will get on Bancor.

https://steemit.com/renewable/@willcottrell/solar-generators-receive-usd2m-from-solar-cryptocurrency-in-2017

[ivaf]

Meet the newest member of the Bancor Network for decentralized liquidity.
Opporty ICO is a self-regulated knowledge sharing community platform that ensures transparency and security, standardizes procedures and creates an environment of cooperation that instills trust between parties.
https://blog.opporty.com/opportys-integration-with-bancor-offers-token-liquidity-to-opporty-users-5b91104dffb4

[newegggo]

Bancor has already started its supremacy process by supporting some promising tokens! STORM is a great project, it's rare for some ICO to work and deliver some product, but with Bancor everything will be different.

Bancor has been attracting people's attention since the very beginning.
I guess it is time to deliver really good stuff.

[sud]

Bancor has already started its supremacy process by supporting some promising tokens! STORM is a great project, it's rare for some ICO to work and deliver some product, but with Bancor everything will be different.

Bancor has been attracting people's attention since the very beginning.
I guess it is time to deliver really good stuff.

Yeah, there are already 12 tokens live on Bancor Network, and more are coming soon. Check the latest blog post - https://blog.bancor.network/bancor-progress-update-466766be1dc6 - lots of info there, and great news for bounty participants. The 2018 Bancor Bounty Program will distribute up to $1million in BNT to the community! This is HUGE.

[opium]

Events

Last month we continued to participate in industry events around the world, hosted our first happy hour in Berlin after TechCrunch Disrupt and lectured to Bernard Lietaer’s monetary innovation course at the Sorbonne in Paris.
Next month we’re planning to be at:

    Peer Summit, Eden, Utah Jan 5–7
    Virtual Blockchain Summit, Online, Jan 12–14
    World Economic Forum, Davos, Jan 23–26

[juicejoyce]

Events

Last month we continued to participate in industry events around the world, hosted our first happy hour in Berlin after TechCrunch Disrupt and lectured to Bernard Lietaer’s monetary innovation course at the Sorbonne in Paris.
Next month we’re planning to be at:

    Peer Summit, Eden, Utah Jan 5–7
    Virtual Blockchain Summit, Online, Jan 12–14
    World Economic Forum, Davos, Jan 23–26

Great news from the dev team, the price of BNT is falling after the ICO was over, it seems to recover recently from about 0.0056ETH to 0.0065ETH, I hope it wiil be soon to 0.01ETH since it is the ICO price.

[manazmej]

Bancor has already started its supremacy process by supporting some promising tokens! STORM is a great project, it's rare for some ICO to work and deliver some product, but with Bancor everything will be different.

Bancor has been attracting people's attention since the very beginning.
I guess it is time to deliver really good stuff.

Yeah, there are already 12 tokens live on Bancor Network, and more are coming soon. Check the latest blog post - https://blog.bancor.network/bancor-progress-update-466766be1dc6 - lots of info there, and great news for bounty participants. The 2018 Bancor Bounty Program will distribute up to $1million in BNT to the community! This is HUGE.

that's great news! I hope for this period of bounty, the team will give us a reason to rejoice not just once. though I still like how to work with bankor.

[BancorAmbassador]

12 Tokens Are Now Convertible On The Bancor Network


Bancor is honored to welcome 7 additional tokens to the Bancor Network and the many that will soon follow to form a new liquidity paradigm. ETH, BNT, STX, GNO, ENJ, BMC, IND, OMG, STORM, AIX, KIN and WISH all now LIVE and convertible on the Bancor Web App, without needing to match buyers and sellers through traditional order books.

Check it out more details HERE: https://steemit.com/blockchain/@bancor-network/12-tokens-are-now-convertible-on-the-bancor-network

[Xandan]

Bancor platform is on permanent increase by adding more and more tokens. I do believe the hard waiting time is over and new year will bring us fruits for our investment and holding. Future belongs to decentralized automated token convertors and Bancor is very advanced in this filed.

[chopter]

What does the holder of BNT token gain? Please someone explain

[sud]

What does the holder of BNT token gain? Please someone explain

You can buy Connectors of different tokens, and if those tokens will gain value your Connectors too. Try asking it on telegram channel, there is always someone answering this technical questions.

Watch this great talk "Making Money Smarter" by Galia on The Next Web Conference in NYC.

https://www.youtube.com/watch?v=fMK1HiLC9Yc

[ivaf]

December has been a hectic month for the entire Ethereum ecosystem which increased adoption and congestion. Bancor have made some changes to optimize user-experience and help users understand how instabilities may impact them. Read the entire progress update published last week: https://blog.bancor.network/bancor-progress-update-466766be1dc6

[manazmej]

12 Tokens Are Now Convertible On The Bancor Network


Bancor is honored to welcome 7 additional tokens to the Bancor Network and the many that will soon follow to form a new liquidity paradigm. ETH, BNT, STX, GNO, ENJ, BMC, IND, OMG, STORM, AIX, KIN and WISH all now LIVE and convertible on the Bancor Web App, without needing to match buyers and sellers through traditional order books.

Check it out more details HERE: https://steemit.com/blockchain/@bancor-network/12-tokens-are-now-convertible-on-the-bancor-network

the good news! I look forward to try how it all works, but I don't want to be wrong when I use the Protocol. tell me, will there be instructions on how? thanks

[abonarea]

I didn't test how this newly announced function works in reality. I am talking about the buying/selling without need of matching the orders which was earlier as obligation. This feature is very important for such platform which is something must be in decentralized converting or exchanging system.

[BancorAmbassador]

12 Tokens Are Now Convertible On The Bancor Network


Bancor is honored to welcome 7 additional tokens to the Bancor Network and the many that will soon follow to form a new liquidity paradigm. ETH, BNT, STX, GNO, ENJ, BMC, IND, OMG, STORM, AIX, KIN and WISH all now LIVE and convertible on the Bancor Web App, without needing to match buyers and sellers through traditional order books.

Check it out more details HERE: https://steemit.com/blockchain/@bancor-network/12-tokens-are-now-convertible-on-the-bancor-network

the good news! I look forward to try how it all works, but I don't want to be wrong when I use the Protocol. tell me, will there be instructions on how? thanks

Step 1: Set up an account on the Bancor Web App here: https://app.bancor.network/discover

Step 2: Set up a wallet at https://www.myetherwallet.com/

Step 3: Download the MetaMask plugin for your Chrome web browser and link your MEW (MyEtherWallet) to the Web App.

Step 4: Go back to the Web App and start buying/selling/converting tokens: https://app.bancor.network/discover

I didn't test how this newly announced function works in reality. I am talking about the buying/selling without need of matching the orders which was earlier as obligation. This feature is very important for such platform which is something must be in decentralized converting or exchanging system.

See the instructions above to test out how this function works.

[BancorAmbassador]

Tomorrow is the last day to submit graphics to Bancor's New Year's Contest

Some great graphics have already come in for a chance to win 50 BNT. Submit your best 2017 Crypto Recap Graphic for a chance to win: https://app.bancor.network/communities/598316484a9337220fb7b88d/posts/5a1fae91171b0100018277e8

[josegr4ham]

Is there a possibility use BNT in some relay similar to ENJBNT to be a liquidity provider?  as ENJBNT relay has only some few % day volume but BNT network looks 95% of volume. .. so my ENJ/BNT in relay are sleeping and I would like use them more efficient. Thx

[topesis]

But I still don't understand what purpose this token is serving on Bancor platform also do you think people will prefer to use the platform instead of centralised exchanges because I still feel liquidity is still a big issue