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Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 473. (Read 375825 times)

newbie
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I reserve for the Spanish Translation  Smiley
member
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Merit: 11
Hello, When will u create a slack channel?

Apr 30th - one month before the ICO (May 30th)
hero member
Activity: 742
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Hello, When will u create a slack channel?
sr. member
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Re-monetizing YouTubers via Crypto-commodities
Coin Interview with Bancor Network

https://www.youtube.com/watch?v=Ognx-LWCyfg


Picture a token having the ticker symbol (TicSym) INTRVW (includes emoji) affiliated with the YouTube channel Coin Interview. Now picture an additional 9,999 tokens, each uniquely affiliated with other YouTube channels, all having different TicSyms and trading on our bespoke exchange, YTC-Sox.

You just envisioned YuTü.Co.in (main thread: https://bitcointalksearch.org/topic/nn-yutucoin-1st-crypto-commodity-catering-2-youtube-creators-1801101).

Further envision Bancor's protocol facilitating transactions within our platform(s), as well as in and out via YuTü.Co.in's currency YuTüCoin (YTC).

Interested in partnering up, or doesn't a potential several million [US] dollars entering your coffer tickle your funny bone?  Shocked

Surely, Eyal Hertzog doesn't want to miss out on the forefront of the crypto-commodity paradigm, namely YuTü.Co.in crypto-commoditizing YouTube channels - that's certain to come to pass - reminiscent of Metacafe losing market share to YouTube, especially now that YouTubers are seeking alternative revenue streams thanks to the recent Google slap -> http://www.npr.org/sections/alltechconsidered/2017/04/14/523895647/online-video-producers-caught-in-struggle-between-advertisers-and-youtube.

Remember this, Eyal? -> http://www.break.com/video/dude-feels-up-his-mom-76917  Wink

Here's our website: http://yutubopolis.center/ (http://yutu.co.in will eventually be our main presence under the auspices of YuTübopolis, Inc.).

Bruno (Chinese name: Luŏ Xióng; 裸熊)

Enjoy the YouTube video uploaded by Israel: 68 Facts You Probably Didn't Know About Israel -> https://www.youtube.com/watch?v=i3wmT2wH690

Proposed stylized TicSym (ticker symbol) if a Lynspinz: Israel
sr. member
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no details on bounty guys still ? exciting )))
hero member
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                                    Bancor Protocol ICO added - ICOTRACKER.NET  https://icotracker.net/project/the_bancor_protocol
                                                          https://twitter.com/Kaznachej123/status/851327978948702208

                                           
full member
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Bancor, good name, any ETA of ICO and more bounty info? Reserve for the bounty info. 8btc is paid to list there, is 5 btc listing fee expensive for you?   Shocked
member
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full member
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Hello all,

We are the ICOrating team.

We’re creating the most detailed database of every company that is having or planning to have, an ICO. We’re also developing ratings and analytical reports that will increase potential investors’ awareness of such companies.

We’re happy to announce that Bancor is now listed on our website. Check it out here http://icorating.com/project/69/The-Bancor-Protocol

We appreciate any feedback. Please feel free to contact us if there are any additions/corrections you want to insert.
hero member
Activity: 546
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if it available to turkish translation you can pm me. turkish translation reserved Smiley
newbie
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newbie
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We now have a Chinese and Russian blog accessible at:

Chinese Blog



Russian Blog



And a Chinese announcement thread on 8BTC:

8BTC Chinese Annoucement
member
Activity: 60
Merit: 11
yeah, we need to know how much total supply coins dev


Thanks for your questions. We will announce the specific details soon, also here in this thread.
full member
Activity: 154
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yeah, we need to know how much total supply coins dev
hero member
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Undeads.com - P2E Runner Game
How much total suply dev
and i think is very expensive if price bancor every 21 ETH can get 100 bancor coin
and bounty only senior member above, not open to under Sr member
member
Activity: 60
Merit: 11
I pointed out this concern above. The problem is a lack of data about the value of the altcoin in question, due to low liquidity. I contend that it is impossible for a formula to determine a reasonable value. It says in the white paper the input to the formula is historical trade information, but that is not a correct input to use, in fact there is no input that makes sense.

The formula is used to adjust the price toward the point where an equilibrium between token buy and sell volumes is reached. That price-point of course may change over time as it is a direct result of the market demand for the token at any given moment.

Here is my talk from the recent Ethereum developers conference in Paris, where I go through the price-calculation method step-by-step.
member
Activity: 60
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We will disagree as we are too fundamentally opposed on this issue and I wish you the best of luck.  You are trying to improve liquidity in altcoins which i believe is admirable.  I just believe that in altcoins the illiquidity stems from the lack of demand and your mechanism cannot solve for that.  If I want to purchase almost any altcoin I can find off market liquidity very easily, there is just no demand for most if I try and sell.

Actually your statement above helps me to better understand the source of the apparent disagreement.

We're not trying to "improve liquidity in altcoins" as you stated. What we are doing is enabling the long-tail of tokens by providing a price-discovery and liquidity solution which does not require a critical-mass of trading activity in order to achieve liquidity. Our solution is not targeting these existing altcoins that can be purchased off market very easily as you say, rather, we see a world where every local community or business can create their own credit by issuing their own currency, as many already do - in the form of local currencies and loyalty points. However, using Bancor protocol, these currencies will be convertible to and from other crypto and fiat currencies, which would increase their usability and value (for example markets for airline miles). We believe that just like in user-generated-content (blogs/videos/etc.) - the long-tail has the potential to become bigger than whatever existed before it. The potential of the long-tail can only be realized when the barriers for its existence has been removed, and the critical-mass of trading that is required for high-liquidity is definitely a huge barrier for the long-tail of user-generated-currencies.

Regardless, we appreciate you taking time to engage with us in this forum and wish you all the best as well.
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