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

[mexi.db]

Bancor's October Progress Update: BancorX is imminent, Peg Network Live, Poloniex Listing, LiquidEOS on fire, Bancor Co-founder Galia Benartzi in Forbes Top 50, Tokyo tour & more!

https://ban.cr/OctoberProgressUpdate

[Tarasov1992]

Will Ruddick at the UN sharing early data from the front-lines of Grassroots Economics' community currency pilot in Kenya, powered by Bancor Protocol. Economists, quants & diplomats in attendance UNRISD absorbing the findings.

[trader_999]

There are 120+ tokens on Bancor, with 7,750+ pairs  I think this project has a bright future. even if they will delist bigger part of those shitcoins..

[erwan]

It looks like Funfair has not gone through the listing process to join the Bancor Network. After they were delisted from Bittrex, a community member suggested that they might be a good fit for Bancor. In response, Guy (one of Bancor's co-founders) had this to say: https://t.me/bancor/69843

[ivaf]

Did you know that you can sign in to your Bancor Wallet using 3 recovery methods in addition to the normal login options? Try it out!
https://ban.cr/recovery

I use all three methods. 

[obsbtc]

Have you been reading the Team's latest updates on Twitter? Be sure to subscribe to them there too!

https://twitter.com/Bancor

[JanuaryN]

The UN tweeted about Bancor:

"It’s unlikely that the money system that created the need for the #SDGs is the same monetary system that will be able to solve them,” @Bancor co-founder @galiabenartzi says at the #WIF2018 discussion on #blockchains for the #GlobalGoals. We must think out of the box, she says.

https://twitter.com/UNCTAD/status/1055066080622899200

[CORNEL]

The UN tweeted about Bancor:

"It’s unlikely that the money system that created the need for the #SDGs is the same monetary system that will be able to solve them,” @Bancor co-founder @galiabenartzi says at the #WIF2018 discussion on #blockchains for the #GlobalGoals. We must think out of the box, she says.

https://twitter.com/UNCTAD/status/1055066080622899200

Simply the best that is wonderful to see how big this project will be with current approach. This is big achievement from the team their approach is truly amazing and after looking this speech I would like to keep buying this token because future will be amazing.

[Tarasov1992]

The UN tweeted about Bancor:

"It’s unlikely that the money system that created the need for the #SDGs is the same monetary system that will be able to solve them,” @Bancor co-founder @galiabenartzi says at the #WIF2018 discussion on #blockchains for the #GlobalGoals. We must think out of the box, she says.

https://twitter.com/UNCTAD/status/1055066080622899200

Simply the best that is wonderful to see how big this project will be with current approach. This is big achievement from the team their approach is truly amazing and after looking this speech I would like to keep buying this token because future will be amazing.

Hello, Cornel, thank you very much for your kind support!

[obsbtc]

There's a very useful tutorial on how to convert tokens available on YouTube! Must watch if you're new on Bancor, be sure to check it out below:

https://youtu.be/v6euAg4pg30

[CryptoRobert]

I know there is already a FIAT gateway opened by Bancor which allows people to purchase Eth via credit card. But is it also possible to buy directly any tokens which are already liquid on the Bancor network? If not, why not? As all cryptocurrencies are aiming at a higher adoption base, they all need to be EXTREMELY easy to buy for ordinary non-crypto customers, and having to go to the intermediate step of buying ETH or BTC is too complicated for most of them. So I believe that a Bancor FIAT gateway which would allow to purchase all of the tokens using the Bancor protocol for liquidity IN ONE SINGLE EASY STEP would be a huge milestone for the whole world of crypto.

[TheRedCanary]

I know there is already a FIAT gateway opened by Bancor which allows people to purchase Eth via credit card. But is it also possible to buy directly any tokens which are already liquid on the Bancor network? If not, why not? As all cryptocurrencies are aiming at a higher adoption base, they all need to be EXTREMELY easy to buy for ordinary non-crypto customers, and having to go to the intermediate step of buying ETH or BTC is too complicated for most of them. So I believe that a Bancor FIAT gateway which would allow to purchase all of the tokens using the Bancor protocol for liquidity IN ONE SINGLE EASY STEP would be a huge milestone for the whole world of crypto.

Hey there, great question. Direct gateways require plenty of paperwork and the tokens go through scrutinizing assessments. Each would have to be done separately for each crypto. Bancor uses Simplex for their fiat gateway, which provides us with the ability to purchase ETH with fiat. However, Simplex would have to go through the process (whatever the process is, as I do not know the details) to listing each token for fiat pairs. This objective takes time.

[NrX]

My thoughts are exact seeing blockchain based projects in the United Nations to present the blockchain and solutions which current system has failed to solve. Bancor saw good appreciation for its role to take this revolutionary next generations economic model to new heights. One positive thing is attitude of cooperation among blockchain businesses seeing them under one roof to work for similar cause.

[DashingCrypto]

If you have general questions about Bancor, make sure you drop a line over on the Official Telegram Group!

Additionally, if you're having support issues make sure you check out the new dedicated Support Chat!

[Tarasov1992]

What is Bancor? Check out this simple 1 minute explainer... in Chinese. [English subtitles included]

什么是Bancor? 请看这一分钟的简单解释。https://t.co/raZqSsxk50

[ivaf]

WATCH: Bancor Co-Founder Galia Benartzi discusses Bancor's crosschain liquidity protocol, BancorX, with Anna Edwards on Bloomberg Television.
https://ban.cr/GaliaBTV

[memii]

This is ground breaking achievement crosschain decentralized liquidity protocol. BancorX is showing good progress of unveiled things and surely such projects always keep some features as secret development until they don't get full control over development challenges. Bancor already has shown its strength and approach at global level which should be watched to imagine its standing in couple of years from now.

[EyeofthebeHODLer]

This is ground breaking achievement crosschain decentralized liquidity protocol. BancorX is showing good progress of unveiled things and surely such projects always keep some features as secret development until they don't get full control over development challenges. Bancor already has shown its strength and approach at global level which should be watched to imagine its standing in couple of years from now.

Thank you memii! We are very proud and excited about BancorX launching. I'm sure you already saw this tweet but you can catch a glimpse of some of the first EOS based tokens that will be listing on BancorX.

[JanuaryN]

In 2010 the Green World Campaign in Kenya helped to innovate a community-based currency called the Eco-Pesa. Years later, this seed has ripened into a Bancor Foundation project that will allow any community to establish a local currency interoperable with other similar currencies. I’m now working to create a Green World Token that is conceived as a form of reserve currency based on natural capital as the underlying asset—what I refer to as a “treeconomy”—based not only on forest and soil carbon, but increased soil organic matter, an improved hydrological cycle, biodiversity, community health and income, nutrition security and other holistic regenerative factors.

https://www.forbes.com/sites/lorinfries/2018/10/21/how-a-regenerative-revolution-could-reverse-climate-change/#62f881fc10f2

[ivaf]

Bancor's EOS.IO block producer team LiquidEOS has built EOSCraft, a browser-based adventure game that runs on EOS. Learn more in Bancor`s latest progress update:
https://ban.cr/OctoberProgressUpdate