So just to summarise, if anyone could confirm:
- if the ICO sells out and hardcap is reached, initial market cap with the current ETH price will be 640 million USD
Correct, max coinmarketcap after the presale can be 640 million USD. Still lower than Stratis.
- there is additional hidden cap, that when exceeded, will result in 80% of additional funds to be placed in a special contract that first people to do this will be able to use to withdraw their investment, but only the fastests will benefit this
Correct, first people who use the contract will be guaranteed to be get back their ETH. The exact amount of ETH in this fund is unknown at this point and also we are not sure if it will be created, depends on the amount of ETH collected in the presale.
- 20% is for bounties or 1% is for bounties?
No worries, only about 1% is for current bounties, 20% is fund to be used for bounties later.
- you can not move or sell your coins for couple of days after ICO, so it is not possible to sell and move your coins to another ICO
Correct. It will be locked for couple of days to prevent flipping.
- are any big exchanges involved?
No, the whole point of Bancor is that you do not need exchanges. You can buy (or sell) Bancor from the contract also after the ICO and not only during the ICO. The price during the ICO is one, but the price after the ICO will depend on the amount of people selling/buying. If more people want to buy than sell, the price will go up. If more people want to sell after the crowdsale than buy, the price will go down.
- some Bancor tokens will be given away for free?
Yes, you will be able to grab lots of Bancor tokens after the ICO too. For example about 250 000 USD worth of Bancor and ETH will be given away to Wings holders. People who bought Wings are trying to forecast the Bancor ICO and average payout per Wings shareholder is 1000 USD worth of tokens, so it is very profitable.