Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
whatsTheDeal
on 11/06/2017, 13:17:58 UTC
FOMO at its finest. I was going to throw most of my liquidity into this project but now I'm toning it back.
And you told me that you expected to earn a x10 or a x20 of the money you were going to invest... XD

I was really hyped for this when I initially read about it, but after reading so many people talking about how dangerous could be to invest on this... Idk, the people behind Bancor have explained how they expect to have some control over the potential devaluation after the ICO, but it doesn't look like they have convinced everybody and this is coming tomorrow, not sure if there is time to explain a little bit better how this could be a potentially good investment/project.

I'll keep an eye in tomorrow's ICO and will check what everybody says here, I'm really curious to see if this will be a succes or a total disaster.

Dev team has no skin in the game, as in you'd like to see devs have more coins and less ETH funds. They're taking more ETH funds but keeping less coin, not a good look imo.

the devs dont get any ETH from what i saw? they get 10% of BNT but all the ETH goes to the foundation for various stuff they showed a pie chart