[ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 455.

Razaberry

full member

Activity: 176

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Quote from: Sam San on May 16, 2017, 07:21:21 AM

when tokens are traded on the exchange relative to BTC, understandable pricing mechanism. is the flagship and the others were compared. Here, we propose the creation of crosscourse. Prices will be based on courses that are on the exchanges? If so , then not all tokens are liquid and the prices of some are very different in the exchanges, will average?

The network will only work with tokens which are received by smart contracts on everyone, crosscourse to zec, litecoin, Dash will not be used? what will happen to the tokens of other platforms different from etherium?

If I understand you're question correctly, you're asking how the inevitable price differences between smart tokens internal prices & their prices on exchanges.

The answer is the same as the solution to price differences between exchanges: arbitrage bots. When there is profit to be made by a difference in price, these bots automatically come and make trades until they've evened out the prices (and so it is no longer profitable).

To be clear: smart tokens' contracts can buy/sell themselves. No second party needed. That is how every single currency on the network can be fully liquid from day one.

Motivator

sr. member

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Please partner with WINGS.AI Grin

matsud2

hero member

Activity: 490

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What are the differents between BNCZUK and BNCHDL token?

rgornik

sr. member

Activity: 532

Merit: 253

Quote from: Shahrul09 on May 16, 2017, 12:11:07 PM

Quote from: Orr on May 16, 2017, 12:58:24 AM

Dear community!

It's been a busy day at Bancor with big developments and decisions.

We've decided to delay the announcement of the token launch event details, and maybe the token launch date itself by a few weeks, due to a few main considerations, that we hope you'll find exciting.

1. We have received interest from a few highly relevant advisors, world renowned experts in their fields, to join our team and advisory board in very significant capacities. We want to bring these agreements to conclusion and share them with you in order to complete the picture of the full scope of the project and its guidance counsel.

2. We hear you loud and clear regarding the need for more streamlined and digestible messaging and content to share with you, your networks and the world. We've heard this from all corners of the globe and are in process of creating the relevant materials. We agree that this would be very helpful in making sure as many people as possible understand and appreciate the innovation and opportunity in the Bancor protocol, token and product, and that this is an essential first step before then unpacking the token launch event details.

3. Because the BANCOR token is the Genesis smart token, it operates slightly differently (and with profound implications) than tokens that have launched before. This means we're taking extra time to onboard all the relevant service providers and stake holders to make sure everyone in the process deeply understands the new dynamics and can build the most appropriate structures for contributors and users accordingly. It also means we want to double and triple verify that the structures achieve the desired incentive alignment to ensure the maximum success of the model, including all edge cases, so that Bancor can achieve its goal of creating a sound liquidity solution for years to come. We want to give these processes a few more cycles to complete, and there has been much to learn from over recent weeks.

It is with tremendous respect that we thank you for all your great questions so far, as they've certainly helped us hone in and refine the solution. We hope we can reward you with tokens of our appreciation

)

In the meantime we ask for your patience as we announce further updates this week, in regards to the new advisors, detail and launch timelines, and some really solid partnerships that have been in the works. We really can't wait to share.

With love and liquidity,
The Bancor team

So the ICO date gonna get pushback ?
No exact date also?

Lately many ICOs are delayed. Tezos and SONM and Air are just some examples. So wait for more news, better to be well-prepaired

whatsTheDeal

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Activity: 103

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Quote from: RAGEmond on May 16, 2017, 01:25:39 PM

Quote from: orpel on May 16, 2017, 12:29:07 PM

So how long you are going to delay the ICO?

Keep in mind that this kind of a delay can make people think that this project is not so serious as we thought it is.

I really hope we will get some good news and new ICO date shortly in order to keep the project hype on high levels.

As they wrote in their information the decision for the delay was given and has a positive reason and not any failure or problems .. I'm sure they were ready but they gained important information and new things which they wanted to release with the ico release and thats why they postponed it just check their message again:

[..] due to a few main considerations, that we hope you'll find exciting

1. We have received interest from a few highly relevant advisors, world renowned experts in their fields, to join our team and advisory board in very significant capacities. We want to bring these agreements to conclusion [...] which needs time and cannot be done in minutes which shows very professional handling

2. We hear you loud and clear regarding the need for more streamlined and digestible messaging and content to share with you, your networks and the world. [...]We agree that this would be very helpful in making sure as many people as possible understand and appreciate the innovation and opportunity in the Bancor protocol, token and product, and that this is an essential first step before then unpacking the token launch event details. -> they want to make things clearer before releasing information .. realising that people which are not working with it all days are not understanding everything as easy as they do which they want to improve first.

3. [...] This means we're taking extra time to onboard all the relevant service providers and stake holders to make sure everyone in the process deeply understands the new dynamics and can build the most appropriate structures for contributors and users accordingly. It also means we want to double and triple verify that the structures achieve the desired incentive alignment to ensure the maximum success of the model, including all edge cases, so that Bancor can achieve its goal of creating a sound liquidity solution for years to come. [...] -> they don't want to bring it out as fast as possible but as good as possible which again shows that they are not in a hurry but they want to do everything to release a good and stable product which is well considered and checked multiple times.

All in all they are far ahead of many other projects, their team and their handling with the community and all the people around Bancor shows that they are very professional and will bring out a new blockbuster to crypto.

I wonder what news they have for us

bitcoinsay

sr. member

Activity: 434

Merit: 255

Presale starts on 28th of April!

Does anyone have information about which date delayed?

modsa

full member

Activity: 336

Merit: 101

Delay...interesting people were big expectation about this project and so i do..

thew3apon

hero member

Activity: 784

Merit: 500

to update the website has been very good . Ico is also nice as I hope .

[email protected]

sr. member

Activity: 728

Merit: 255

I understand that you need to write a total of eight messages in the first week? in the future, you do not need? Bounty is very well thought out, I hope the project will be even better! I wish good luck to developers! I will be sure to take part ico

RAGEmond

sr. member

Activity: 350

Merit: 250

Quote from: orpel on May 16, 2017, 12:29:07 PM

So how long you are going to delay the ICO?

Keep in mind that this kind of a delay can make people think that this project is not so serious as we thought it is.

I really hope we will get some good news and new ICO date shortly in order to keep the project hype on high levels.

As they wrote in their information the decision for the delay was given and has a positive reason and not any failure or problems .. I'm sure they were ready but they gained important information and new things which they wanted to release with the ico release and thats why they postponed it just check their message again:

[..] due to a few main considerations, that we hope you'll find exciting

1. We have received interest from a few highly relevant advisors, world renowned experts in their fields, to join our team and advisory board in very significant capacities. We want to bring these agreements to conclusion [...] which needs time and cannot be done in minutes which shows very professional handling

2. We hear you loud and clear regarding the need for more streamlined and digestible messaging and content to share with you, your networks and the world. [...]We agree that this would be very helpful in making sure as many people as possible understand and appreciate the innovation and opportunity in the Bancor protocol, token and product, and that this is an essential first step before then unpacking the token launch event details. -> they want to make things clearer before releasing information .. realising that people which are not working with it all days are not understanding everything as easy as they do which they want to improve first.

3. [...] This means we're taking extra time to onboard all the relevant service providers and stake holders to make sure everyone in the process deeply understands the new dynamics and can build the most appropriate structures for contributors and users accordingly. It also means we want to double and triple verify that the structures achieve the desired incentive alignment to ensure the maximum success of the model, including all edge cases, so that Bancor can achieve its goal of creating a sound liquidity solution for years to come. [...] -> they don't want to bring it out as fast as possible but as good as possible which again shows that they are not in a hurry but they want to do everything to release a good and stable product which is well considered and checked multiple times.

All in all they are far ahead of many other projects, their team and their handling with the community and all the people around Bancor shows that they are very professional and will bring out a new blockbuster to crypto.

whatsTheDeal

member

Activity: 103

Merit: 10

Quote from: majestymage on May 16, 2017, 12:41:35 PM

maybe this delay has to do with the network issues that were experienced few days ago? i hope not

my bet is they closed some interesting deal in the east, look at their twitter

thew3apon

hero member

Activity: 784

Merit: 500

there are minor faults in the system application . In new things but all the little problems could arise .

majestymage

hero member

Activity: 994

Merit: 504

maybe this delay has to do with the network issues that were experienced few days ago? i hope not

orpel

full member

Activity: 128

Merit: 100

So how long you are going to delay the ICO?

Keep in mind that this kind of a delay can make people think that this project is not so serious as we thought it is.

I really hope we will get some good news and new ICO date shortly in order to keep the project hype on high levels.

MoneroMooo

legendary

Activity: 1276

Merit: 1001

the system works very well. a couple of friends have had a problem in the entrance. but now everyone is slowly learning the system.

I guess it still could not be corrected the error in the browser Yandex.
people attending social media campaigns nice to have a real advantage.

Shahrul09

sr. member

Activity: 504

Merit: 251

Quote from: Orr on May 16, 2017, 12:58:24 AM

Dear community!

It's been a busy day at Bancor with big developments and decisions.

We've decided to delay the announcement of the token launch event details, and maybe the token launch date itself by a few weeks, due to a few main considerations, that we hope you'll find exciting.

1. We have received interest from a few highly relevant advisors, world renowned experts in their fields, to join our team and advisory board in very significant capacities. We want to bring these agreements to conclusion and share them with you in order to complete the picture of the full scope of the project and its guidance counsel.

2. We hear you loud and clear regarding the need for more streamlined and digestible messaging and content to share with you, your networks and the world. We've heard this from all corners of the globe and are in process of creating the relevant materials. We agree that this would be very helpful in making sure as many people as possible understand and appreciate the innovation and opportunity in the Bancor protocol, token and product, and that this is an essential first step before then unpacking the token launch event details.

3. Because the BANCOR token is the Genesis smart token, it operates slightly differently (and with profound implications) than tokens that have launched before. This means we're taking extra time to onboard all the relevant service providers and stake holders to make sure everyone in the process deeply understands the new dynamics and can build the most appropriate structures for contributors and users accordingly. It also means we want to double and triple verify that the structures achieve the desired incentive alignment to ensure the maximum success of the model, including all edge cases, so that Bancor can achieve its goal of creating a sound liquidity solution for years to come. We want to give these processes a few more cycles to complete, and there has been much to learn from over recent weeks.

It is with tremendous respect that we thank you for all your great questions so far, as they've certainly helped us hone in and refine the solution. We hope we can reward you with tokens of our appreciation

)

In the meantime we ask for your patience as we announce further updates this week, in regards to the new advisors, detail and launch timelines, and some really solid partnerships that have been in the works. We really can't wait to share.

With love and liquidity,
The Bancor team

So the ICO date gonna get pushback ?
No exact date also?

alexi8

newbie

Activity: 16

Merit: 0

Quote from: majestymage on May 16, 2017, 10:47:14 AM

hmm...a delay...but when this will go out it will be a game changer..

yep, worth waiting!

majestymage

hero member

Activity: 994

Merit: 504

hmm...a delay...but when this will go out it will be a game changer..

Sam San

sr. member

Activity: 630

Merit: 250

when tokens are traded on the exchange relative to BTC, understandable pricing mechanism. is the flagship and the others were compared. Here, we propose the creation of crosscourse. Prices will be based on courses that are on the exchanges? If so , then not all tokens are liquid and the prices of some are very different in the exchanges, will average?

The network will only work with tokens which are received by smart contracts on everyone, crosscourse to zec, litecoin, Dash will not be used? what will happen to the tokens of other platforms different from etherium?

whatsTheDeal

member

Activity: 103

Merit: 10

Quote from: Orr on May 16, 2017, 12:58:24 AM

Dear community!

It's been a busy day at Bancor with big developments and decisions.

We've decided to delay the announcement of the token launch event details, and maybe the token launch date itself by a few weeks, due to a few main considerations, that we hope you'll find exciting.

1. We have received interest from a few highly relevant advisors, world renowned experts in their fields, to join our team and advisory board in very significant capacities. We want to bring these agreements to conclusion and share them with you in order to complete the picture of the full scope of the project and its guidance counsel.

2. We hear you loud and clear regarding the need for more streamlined and digestible messaging and content to share with you, your networks and the world. We've heard this from all corners of the globe and are in process of creating the relevant materials. We agree that this would be very helpful in making sure as many people as possible understand and appreciate the innovation and opportunity in the Bancor protocol, token and product, and that this is an essential first step before then unpacking the token launch event details.

3. Because the BANCOR token is the Genesis smart token, it operates slightly differently (and with profound implications) than tokens that have launched before. This means we're taking extra time to onboard all the relevant service providers and stake holders to make sure everyone in the process deeply understands the new dynamics and can build the most appropriate structures for contributors and users accordingly. It also means we want to double and triple verify that the structures achieve the desired incentive alignment to ensure the maximum success of the model, including all edge cases, so that Bancor can achieve its goal of creating a sound liquidity solution for years to come. We want to give these processes a few more cycles to complete, and there has been much to learn from over recent weeks.

It is with tremendous respect that we thank you for all your great questions so far, as they've certainly helped us hone in and refine the solution. We hope we can reward you with tokens of our appreciation

)

In the meantime we ask for your patience as we announce further updates this week, in regards to the new advisors, detail and launch timelines, and some really solid partnerships that have been in the works. We really can't wait to share.

With love and liquidity,
The Bancor team

Keep up the good work! thanks for letting us know what is happening hopefully this will bring good news

Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 455. (Read 375825 times)