Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
please say this is true:
1 BNCHDL = 5.2 BNT
and not meant to be 0.52 BNT
1 BNCHDL = 5.2 BNT
and not meant to be 0.52 BNT
https://app.bancor.network/communities/59072a4f98c9cb000161fee9
It's all about supply of tokens available supply is only 30.4k that is why participants would get paid with huge rewards.
This is due to the fact that only people with ranking starting from Full Member were allowed in the program, so there were less partecipants than expected who ended up earning very very much.
Looks like this is the highest paid signature campaign on the forum,100 BNCHDL per week which is around 500 BNCHDL and which comes around 2600 BNT tokens and considering the current price on the market it at 0.00113 per BTC comes close to ~3 BTC.
Yes, it's pretty impressive. Other camaigns wasn't that bad either, I've got 1000ZUKS just for a few weeks of twitting.
Overall this bounty campaign including the social one is really a big one.I would like to see how this will impact the dumping process when such big bounty is released.Can we expect the price to go down 20% when the bounty is out?
Maybe, usually the price of a coin does not really have a huge dump that will hurt the coin if they are a legit project. If Bancor survives the dumping from those people then there would be a bunch of people trying to purchase coins because they know that Bancor held strong and real money is involved with the project. I wouldn't worry so much about it, they are very busy with interviews so the coin should get popular.