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

[abonarea]

An article which worth your time to be read on the vision of Bancor protocol to eliminate the pump and dump culture. These groups have brought this cryptocurrencies in bad light by making it such volatile. Bancor will surely win this fight against those groups as platform is growing day by day and one day it become big player in this space.

[sud]

is bancor adding new tokens? I see AION new on the site
also what is the process to add new tokens on bancor

Every project using ERC20 can add their tokens to Bancor Network. You just have to send mail with details and buy some BNT as a reserve afaik. Or better just ask on telegram channel.

[luluvic]

Why did the marketcap decrease but price is still almost the same? Did some tokens get locked up?

[Hakamoto]

Bancor is a very interesting project this year! The number of companies that inform about the cooperation with Banco, is growing every day!! it's worthy of respect!

[netmonk]

Good morning, stupid question here.

Im an ico investor, got 280bnt from back in the day. They all are on MEW.
Today i created account on bancor.network, and imported my wallet from file.
I cannot see my bnt, only the eth i have in this wallet.

Is this normal ?

[mexi.db]

Prevent Pump and Dumps with Bancor:

https://blog.bancor.network/amid-pump-dump-boom-the-bancor-protocol-helps-tokens-fight-back-3730f85d034c

[Dvd1989]

Prevent Pump and Dumps with Bancor:

https://blog.bancor.network/amid-pump-dump-boom-the-bancor-protocol-helps-tokens-fight-back-3730f85d034c

Preventing pump and dump by creating a stable price using the Bancor platform will be great for the market. Price manipulation created by whales and pump and dump groups are ruining the market. Also, it will not last. Regulation will kick in and create some stability.

[mcfom]

It is good initiative to try to make this market manipulation free. In fact this will not be easy to control the price fully and they should increase based on demand and supply and usage. I am interested to see how much Bancor team succeeds in their mission to take control back from these pumps & dumps group. Our support is with you guys to succeed to make this space reliable for everyone.

[Vermalen]

Check out Bancor's new Product Roadmap showing major milestones through Q2 2019. We can't wait to build the future with such an incredible team & community. http://bit.ly/BancorRoadmap

[meditations1]

It is good initiative to try to make this market manipulation free. In fact this will not be easy to control the price fully and they should increase based on demand and supply and usage. I am interested to see how much Bancor team succeeds in their mission to take control back from these pumps & dumps group. Our support is with you guys to succeed to make this space reliable for everyone.

Thank you for your support mcfom!

[MihailJ]

The Pundits Were Wrong, Bancor Solves A Big Problem, and is Scaling Rapidly

Bancor hit the market with a splash in June, 2017, when it raised a (then) record $150 million in an ICO.

At it’s core, Bancor is a set of formulas that solves the liquidity problems faced by most tokens. Bancor works by creating a token that is connected to shared liquidity pools on the blockchain. The way the math works, the formulas are essentially hard coded two way price elasticity of demand functions. If it sounds complex, it is because it is complex, but so are many algorithms.

There’s been a lot written about Bancor, most of which has been negative. The most notable negative story was Emin Gün Sirer’s “Bancor is Flawed”, which was a 29 point takedown of Bancor. While Bancor Product Architect Eyal Hertzog penned a well written response to each of the Emion’s 29 points, I found it odd that not one of Emin’s 29 points directly addressed the set of formulas that power Bancor, which is really the only thing that matters (IMHO).

Now it appears that the tide of public sentiment for Bancor is turning, as the market focus shifts from hypotheticals, to what is actually happening. Last week, Coindesk featured the article “Bancor Bounce Back?” which highlighted that Bancor’s volume rose from “…$3 million per week in November to $37 million per week in January”.

Below I look at some additional data which speaks to the rate at which the Bancor platform is scaling.

https://medium.com/crypto-oracle/the-pundits-were-wrong-bancor-solves-a-big-problem-and-is-scaling-rapidly-38a696c9e211

[foodstamps]

Check out Bancor's new Product Roadmap showing major milestones through Q2 2019. We can't wait to build the future with such an incredible team & community. http://bit.ly/BancorRoadmap

Bancor is developing faster. We are waiting for the addition of Fiat this year. And maybe the project's capitalization will fly to the top20.

[ivaf]

can't find roadmap, can anyone share?

The roadmap is now unavailable. On the site there is only a whitepaper.

But two new articles were published:
Bancor Progress Update https://blog.bancor.network/bancor-progress-update-34b2ea0e516f
and
How Bancor Dramatically Cut Ethereum Gas Costs https://blog.bancor.network/how-bancor-dramatically-cut-ethereum-gas-costs-e674488faed3

By the way, an updated roadmap has been published: https://steemit.com/bancor/@bancor-network/bancor-s-new-product-roadmap-february-2018
Everything will be fine! 

[JanuaryN]

Check out Bancor's new Product Roadmap showing major milestones through Q2 2019. We can't wait to build the future with such an incredible team & community. http://bit.ly/BancorRoadmap

Bancor is developing faster. We are waiting for the addition of Fiat this year. And maybe the project's capitalization will fly to the top20.

Right, fiat integration is said to be coming in the second quarter!

[ivaf]

So, the promotion of the product continues:

This Wednesday Eyal Hertzog will speak about the future of token sales at the IFZ FinTech Conference in Zug, Switzerland aka cryptovalley. Come say hi!
https://www.hslu.ch/en/lucerne-school-of-business/calendar/events/2018/02/28/ifz-fintech-conference/

And it's great! 

[pumz]

A detailed coverage of this meetup will be nice and motivational for many to understand well. There is always space in any project for new people and most important thing to educate your customers to understand the idea in which they are going to invest. I will wait for resume of this speaking impatiently.

[RitzBitzz]

Everyday there is a new token listed.

Anyone that expecting a quick return buy buying bnt pls dont buy it. You wont get rich by buying bnt, but the platform is great

[Jack.Doe333]

Hi. Do you have airdrop?

[JanuaryN]

From https://steemit.com/blockchain/@ahmad.rezk/what-is-bancor-and-what-added-benefit-it-provides-and-how-it-actually-works

To understand it [Bancor], we need to look at the future of crypt currency and realize that many different tokens are going to emerge. Right as you read this post many tokens are created. And it will increase each year. And this will create a situation where each organization/company/group of people have their own internal token.
For example, if I launch a company and create some token, I do it:

    To release an ICO so that people can fund this project.
    To reward each member of this company for some results or accomplishments.


So, what is bancor: it is a protocol enables anyone to create a new type of crypto currency and these currencies will be called smart token. This smart token can hold and trade with other crypto currencies, which will allow it to serve as its own market maker, automatically discovering its own price and providing liquidity to other crypto currencies hence, removing the need for 3rd parties such as an exchange or a middleman in crypto currency trades. Every smart token is always liquid at some price.

[mexi.db]

Hi. Do you have airdrop?

No, there's no airdrop