Bancor team must have done a real good job with their marketing selling this idea and this not practical in real life, even the team can't support the floor they promised, unless something indeed changed quickly, this might be one of the ICO project to go under
What's not practical in token changers? It's the most practical thing for ICOs to guarantee liquidity for their contributors holding tokens. Price floor is whole different story, but it was working as intended while there still was reserve.
I guess you agree with me on the price floor, can you tell me the disparity between 1Ether and 100BNT tokens, it is huge more than $1, this just tell the whole story because people will always exploit this and put pressure on the price floor set by the team also the liquidity issue is not real
There isn't a price floor anymore. It sold out months ago. Now the price is set by market demand and nothing else.