This project is huge but I don't know why it's still undervalued? was it actually because of the amount it raised in sale? or are the fud about it actually true? I still don't understand something.
It's a little confusing. Bancor is building on a platform, which makes it easier to exchange smart-tokens, even when trading volumes are too low to provide trading liquidity. The thing I don't understand is that it seems to be that bancor coins (BNT) are purchased when trading smart-tokens. It seems that BNT behaves like company shares (investing opportunities), but what are the benefits for the Bancor team of higher BNT prices?