[ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 466.

Sam San

sr. member

Activity: 630

Merit: 250

Quote from: eyal on May 02, 2017, 12:26:55 PM

Hello to all,

Thank you for your patience, we've been working very hard on building Bancor and have now finally updated our website, whitepaper and Bitcointalk forum. Feedback and questions are welcomed.

We have also launched our Bounty program inside the actual Bancor UX on MainNet. You can access it here: https://app.bancor.network

Website: https://bancor.network
Web App: https://app.bancor.network
Bitcointalk- https://goo.gl/VJmSrX
Blog - https://blog.bancor.network
Twitter - twitter.com/BancorNetwork
Reddit - reddit.com/r/Bancor
FB - facebook.com/Bancor

About Bancor:
Bancor Protocol is a standard for a new generation of cryptocurrencies called Smart tokens

program bounty in Facebook and Twitter is already running or start-up be announced?

matsud2

hero member

Activity: 490

Merit: 500

Quote from: Qiuyue201 on May 09, 2017, 04:22:22 AM

Project looks interesting but there are two huge mistakes:

1. The ICO is not capped. Why would you do this? I understand you would like to have more funding and also to have bigger reserves for the tokens, but uncapped ICOs are not attractive for investors. For example Wings (which is a great project) gathered only 2000 BTC beacuse it was uncapped (despite the fact it was highly promoted) but other projects that were capped at 5 million or 6 million gathered way more than Wings. Cap the ICO at 5 million, 6 million or even 10 million but please do it, it will only benefit the project.

2. I looked at the bounties timeline and figured out that ICO will probably last from 30th May till 30th June, which is also too long. Most people back the project either in the first couple of days or last minute. Look at some great ethereum projects that lasted much shorter and were very successful. Inbetween launch of presale and the end of presale nothing happens. Of course capping the ICO would solve this problem since the goal would be reached quicker anyway.

My idea for the ICO is: make it last for 2 weeks or 6 million market cap, whichever comes first.

agreed with your idea and most of ico takes a month but may also before the ico period runs out but all tokens are already sold out

RATM69

sr. member

Activity: 302

Merit: 250

Is there a hint as to approximately how much the Bancor tokens will cost.

republicrypto

sr. member

Activity: 1386

Merit: 252

with professional team behind this project, i believe this bancor will become one of many successfull project in cryptocurrency,,
good luck dev Wink

RAGEmond

sr. member

Activity: 350

Merit: 250

joined german translation bounty, please check

whatsTheDeal

member

Activity: 103

Merit: 10

Quote from: Qiuyue201 on May 09, 2017, 04:01:07 PM

Once again look at Wings - they were capped but they have set their goal very high and for investors it looked like not capped crowdfunding and they gathered only tiny amount of what they wanted to. Same will happen with Storj. Look at all successful crypto crowdfundings - they were capped. The uncapped ones gathered less funds than the capped ones. 10 million cap is max amount that should be considered here and even that I think is too high. Note that Bancor will also hold BANCOR tokens as their assets, so they will have way more money than only what they have crowdfunded.

well if 10 milion was ok then imagine 20% of that going straight back to the investors, that would put bancor at 8 mil before even calculation transaction fees... also they stated alot of the money will go towards building local currencies and ETFS which will make bancor rise in value

Qiuyue201

sr. member

Activity: 537

Merit: 250

Once again look at Wings - they were capped but they have set their goal very high and for investors it looked like not capped crowdfunding and they gathered only tiny amount of what they wanted to. Same will happen with Storj. Look at all successful crypto crowdfundings - they were capped. The uncapped ones gathered less funds than the capped ones. 10 million cap is max amount that should be considered here and even that I think is too high. Note that Bancor will also hold BANCOR tokens as their assets, so they will have way more money than only what they have crowdfunded.

CORNEL

sr. member

Activity: 1008

Merit: 253

This project is very promising so that I am following this and waiting to know the terms of ICO. This project is coming with live platform so it will be wonderful opportunity for all investors to take part in it and make secure their future.

whatsTheDeal

member

Activity: 103

Merit: 10

Quote from: cemu on May 09, 2017, 11:37:00 AM

Quote from: whatsTheDeal on May 09, 2017, 11:02:49 AM

btw why do you say 6 mil? isnt that low for a company of over 10 people? i would say 30 is not out of question since even storj are asking for that

People are clearly blinded by this altcoin bubble. Way too much money flew into crowdfunding projects.
Better get back to realistic levels, teams will have to prove first that they are worth these huge amounts of money imo.

https://en.wikipedia.org/wiki/List_of_highest_funded_crowdfunding_projects

I totally agree, but what would qualify them in your opinion? this team has raised money in the real world, built a product, was behind several successful startups and raised in total over 100 million usd for their ventures.
so while i agree people are somewhat blinded I honestly dont think there has been such a strong ICO team so far and a 30 million seems fair, especially if you consider that they put % of that to the contract for liquidity and also going to use some of the funds to pay for some of the first millions transations in the system

voducthi

newbie

Activity: 1

Merit: 0

Quote from: Loepuenkyou on February 13, 2017, 06:09:30 PM

you can explain detail youre coin
i can't get anything information youre coin in this thread
how much total suply
how much premine
tipe coin and more

cemu

newbie

Activity: 12

Merit: 0

Quote from: whatsTheDeal on May 09, 2017, 11:02:49 AM

btw why do you say 6 mil? isnt that low for a company of over 10 people? i would say 30 is not out of question since even storj are asking for that

People are clearly blinded by this altcoin bubble. Way too much money flew into crowdfunding projects.
Better get back to realistic levels, teams will have to prove first that they are worth these huge amounts of money imo.

https://en.wikipedia.org/wiki/List_of_highest_funded_crowdfunding_projects

whatsTheDeal

member

Activity: 103

Merit: 10

Quote from: Qiuyue201 on May 09, 2017, 04:22:22 AM

Project looks interesting but there are two huge mistakes:

1. The ICO is not capped. Why would you do this? I understand you would like to have more funding and also to have bigger reserves for the tokens, but uncapped ICOs are not attractive for investors. For example Wings (which is a great project) gathered only 2000 BTC beacuse it was uncapped (despite the fact it was highly promoted) but other projects that were capped at 5 million or 6 million gathered way more than Wings. Cap the ICO at 5 million, 6 million or even 10 million but please do it, it will only benefit the project.

2. I looked at the bounties timeline and figured out that ICO will probably last from 30th May till 30th June, which is also too long. Most people back the project either in the first couple of days or last minute. Look at some great ethereum projects that lasted much shorter and were very successful. Inbetween launch of presale and the end of presale nothing happens. Of course capping the ICO would solve this problem since the goal would be reached quicker anyway.

My idea for the ICO is: make it last for 2 weeks or 6 million market cap, whichever comes first.

btw why do you say 6 mil? isnt that low for a company of over 10 people? i would say 30 is not out of question since even storj are asking for that

rkat55

newbie

Activity: 39

Merit: 0

Quote from: whatsTheDeal on May 09, 2017, 04:42:41 AM

Quote from: Qiuyue201 on May 09, 2017, 04:22:22 AM

Project looks interesting but there are two huge mistakes:

1. The ICO is not capped. Why would you do this? I understand you would like to have more funding and also to have bigger reserves for the tokens, but uncapped ICOs are not attractive for investors. For example Wings (which is a great project) gathered only 2000 BTC beacuse it was uncapped (despite the fact it was highly promoted) but other projects that were capped at 5 million or 6 million gathered way more than Wings. Cap the ICO at 5 million, 6 million or even 10 million but please do it, it will only benefit the project.

2. I looked at the bounties timeline and figured out that ICO will probably last from 30th May till 30th June, which is also too long. Most people back the project either in the first couple of days or last minute. Look at some great ethereum projects that lasted much shorter and were very successful. Inbetween launch of presale and the end of presale nothing happens. Of course capping the ICO would solve this problem since the goal would be reached quicker anyway.

My idea for the ICO is: make it last for 2 weeks or 6 million market cap, whichever comes first.

Great suggestions, I concur.

Orr

newbie

Activity: 27

Merit: 0

Thank you for your suggestions, we will announce all ICO details and terms next week.

whatsTheDeal

member

Activity: 103

Merit: 10

Quote from: Qiuyue201 on May 09, 2017, 04:22:22 AM

Project looks interesting but there are two huge mistakes:

1. The ICO is not capped. Why would you do this? I understand you would like to have more funding and also to have bigger reserves for the tokens, but uncapped ICOs are not attractive for investors. For example Wings (which is a great project) gathered only 2000 BTC beacuse it was uncapped (despite the fact it was highly promoted) but other projects that were capped at 5 million or 6 million gathered way more than Wings. Cap the ICO at 5 million, 6 million or even 10 million but please do it, it will only benefit the project.

2. I looked at the bounties timeline and figured out that ICO will probably last from 30th May till 30th June, which is also too long. Most people back the project either in the first couple of days or last minute. Look at some great ethereum projects that lasted much shorter and were very successful. Inbetween launch of presale and the end of presale nothing happens. Of course capping the ICO would solve this problem since the goal would be reached quicker anyway.

My idea for the ICO is: make it last for 2 weeks or 6 million market cap, whichever comes first.

how did you see its not capped or all that? they havent released this information yet, said they release it on the 15th

Qiuyue201

sr. member

Activity: 537

Merit: 250

Project looks interesting but there are two huge mistakes:

1. The ICO is not capped. Why would you do this? I understand you would like to have more funding and also to have bigger reserves for the tokens, but uncapped ICOs are not attractive for investors. For example Wings (which is a great project) gathered only 2000 BTC beacuse it was uncapped (despite the fact it was highly promoted) but other projects that were capped at 5 million or 6 million gathered way more than Wings. Cap the ICO at 5 million, 6 million or even 10 million but please do it, it will only benefit the project.

2. I looked at the bounties timeline and figured out that ICO will probably last from 30th May till 30th June, which is also too long. Most people back the project either in the first couple of days or last minute. Look at some great ethereum projects that lasted much shorter and were very successful. Inbetween launch of presale and the end of presale nothing happens. Of course capping the ICO would solve this problem since the goal would be reached quicker anyway.

My idea for the ICO is: make it last for 2 weeks or 6 million market cap, whichever comes first.

Triload

sr. member

Activity: 297

Merit: 250

So it can be used in ICO, therefore you have high opportunity to pump like ETH? I think it is highly possible so let me invest.

whatsTheDeal

member

Activity: 103

Merit: 10

Quote from: boon8 on May 08, 2017, 01:22:37 PM

May need more publicity,any bounty link?

you can go to app.bancor.network and sign up for the various bounties they have

Razaberry

full member

Activity: 176

Merit: 100

Quote from: Weter29 on May 08, 2017, 04:02:02 AM

Is there a limit of reposts on facebook and twitter?

No limit, although there isn't any bounty on Facebook reposts.

As for twitter, copypasted from the bounty page (https://app.bancor.network/communities/59072b3b73f6660001aa8e91): Retweet (up to 3 existing tweets + any new tweets) - 25 Zuks

Though also keep in mind that spamming = disqualification

sabotag3x

legendary

Activity: 2492

Merit: 2150

Crypto Swap Exchange

Now portuguese speakers can discuss about Bancor on the official thread in portuguese.

Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 466. (Read 375656 times)