Category Archives: bancor

The Double Coincidence of Wants exists

Illustration of two women with the same outfit at the same time

The basic concept of trading is involving buyer and seller and the most common medium of exchange is money. In other words, every buyer of a product must be paired up with a seller who is willing to sell and vice versa.

Manufacturers need wholesalers, wholesalers need retailers, retailers need consumers, and so on. The whole concept is an important social activity because the society needs uninterrupted supply of goods and an increasing and ever changing human wants.

It was started with the beginning of human life and shall continue as long as human life exists on the earth. People used to buy and sell goods by exchanging them, or barter between 2 (two) parties. It was a cashless economy.

Because barter is based on reciprocity, it requires a mutual coincidence of wants between traders. This requirement complicates barter.

  1. Double Coincidence of Wants; The problem is caused by the improbability of the wants, needs, or events that cause or motivate a transaction occurring at the same time and the same place.
  2. Standard Unit of Account Problem; There is no standard in which prices could be measured and quoted, for example is 1 horse equal 1 cow?

Cryptocurrency is still in its infancy but it has attracted billions of dollars in trading volume. Most cryptocurrency trading happened through exchanges. Cryptocurrency-exchanges are the place where people can buy, sell and trade their digital currencies for other currencies or even into fiat money like US Dollars.

The problem is, there are thousands of cryptocurrencies right now, and new digital currencies are created each month. We are witnessing the global wave of cryptocurrencies with could reach millions. But not all currencies are created equal. Most parts of the current cryptocurrencies are not traded on any exchange because they are not “famous” enough to be listed, means no one is buying or selling these currencies.

But how can people buying and selling these currencies if they are not listed and traded on an exchange?

In the domain of asset exchange, there still exists a Double Coincidence of Wants Problem, as there is no ‘money for money’. Every currency that is exchanged requires two parties with opposite wants to “meet” (even digitally) in real-time, thus requiring speculators and market makers to provide liquidity and facilitate transactions, taking fees along the way and leading to inefficiencies.

The The Bancor Protocol™offers a unique solution; any currency can now be exchanged or traded by anyone without need to wait for a buyer or a seller. It is an automated platform where Buyer can buy any cryptocurrency without need to wait for a seller, and Seller can sell any cryptocurrency without need to wait for a buyer. But this scenario won’t be successful if there is no standard to measure the price of each cryptocurrency each time it is sold or bought. Otherwise the market would crash since anyone can buy low and sell lower or buy high and selling higher.

The Bancor Protocol™ solve this problem by employing an asynchronous price-discovery model enabled by asset-holding Smart Tokens™. Smart Tokens™ are always purchasable and sellable for the token(s) they hold in reserve. The continuous liquidity of Smart Tokens™ removes the barrier-to-liquidity and enables the emergence of the long tail of user-generated currencies. This could lead to a democratization of value creation, similarly to how blogs democratized publishing and YouTube democratized broadcasting.

Smart Tokens™ hold balances of one or more other tokens, called “Connectors”, and have a builtin autonomous conversion mechanism that allows any party to instantly purchase or sell the Smart Token™ for one of its Connectors, directly through the Smart Token™ contract, at a price calculated by a formula which balances buy and sell volumes.

With it’s innovative solution Bancor solves two problems at the same time, The Double Coincidence of Wants problem and Standard Unit of Account problem, with aim to create a fair and equal market for all.

The Ideal Digital Currency (Part 2 of 7): Digital Currencies Need a Reserve Backed System

This is a continuation from the prior article positing that digital currencies need a more practical monetary system besides a fixed supply method if they expect to grow to reasonable size and be the basis of a thriving economic system. It turns out that we believe that most digital currencies also need a reserve backing for their networks; if only at the outset.

The reason for this is because the value of currency and money really is based on confidence by those who hold and transact in the assets. As a means of exchange, modern money is virtually worthless on its own face value. This is true of paper or fiat currencies, and also true for digital currencies. Their value lies in the consensus agreed upon implicitly by those who accept the currency for transactions. For example, one dollar is only able to buy some item, say 1 loaf of bread because the owner of the loaf of accepts that as the value for bread in dollars, and expects that they would be able to at any time turn around and exchange that one dollar for other goods or service that is on par in value with the 1 loaf of bread. Why and how that value settled at one dollar and not, say 100 dollars is determined from a history of the currency and market forces of demand, supply, and costs of production. Let’s consider that history.

History of the Dollar Value

During its creation, inserted into Article 1 of the US Constitution, in a clause known as the Commerce clause, that required the debt of the nation and effectively the dollar be backed by gold and silver. Later on, the Gold Standard Act1 of 1900 effectively pegged the dollar solely to gold, specifying that the dollar be equivalent to twenty-five and eight-tenths grains (about 1.67 g at the time) of gold of some specified purity level. This guaranteed the dollar could be convertible at any time to a specific amount of gold. Effectively, the dollar was thus backed by one ounce of gold to $20.67. Much of the currencies in Europe were also backed by gold2 during that period.

The Gold Reserve Act of 19333 modified the rate to $35 per ounce of gold. Following that period, other currencies began to be valued in terms of the US dollar, and thus remained effectively pegged to gold. However, inflation put a strain on this arbitrary peg, and eventually in 1971 following the oil crisis, President Nixon canceled the convertibility of the dollar to gold, and allowed the dollar to determine its own equilibrium value.

The dollar is currently effectively backed by faith in the United States government and its history and obligation to the currency. Other countries, and commodities markets, such as the price of oil, have basically continued to peg their values to the dollar. Deposits in dollars, for amounts less than $250,000 have also been backed by the United States government via the Federal Deposit Insurance Fund4 — a reserve, such that users know that the amounts they have in the system at any point is secure to that extent in terms of the value they put into it to buy it (which is the goods or services they exchanged for it). That FDIC reference above provides an interesting perspective on the intention of the reserve and would make a good short read separately. It would be imperative not to throw away some of the desirable aspects of an old system while trying to replace it with a better, and technologically more advanced one.

Excerpts from the text setting up the FDIC

The history described above serves the purpose of demonstrating that at the outset, for users to gain confidence in a currency, they initially need to know that if they buy the currency; which they effectively do by exchanging their goods or services for it; they can expect to retrieve roughly that value back at any time. The value they can retrieve back represents a floor on the value of their goods or services. Later, once the currency is established, the currency could set its own rate based on its strength and what its users determine is its exchange value.

Bitcoin seems to have bypassed this path. However, it continues to experience volatility that is not conducive to every day commerce.5 The argument from a digital currency enthusiast would be that pegging digital currencies to any fiat money, which is typically inflated, simply removes one of the key drivers behind the creation of the digital currency in the first place and would effectively stymie their appreciation. However, this is not a peg of the digital currency to the fiat money but a separate reserve that serves as a floor initially for holders of the new digital currency. The reserve does not imply that users must exchange back their digital currency for the reserved value. They could and likely will continue to exchange at the market rate same as is currently done for digital currencies.

Current Attempts by Digital Currencies at Creating a Reserve System

Some recent work in digital currencies has recognized the need for reserves for crypto-currencies. One such effort is that done by Tethers. Tethers6 creates new cryptocurrency and pegs its value 1-to-1 to the dollar. However, this arrangement completely negates one of the key advantages of a cryptocurrency — the fact that gains in the ecosystem is not inflated away. Consider a system in which economic activity is taking place, denominated in some currency, or set of currencies. Economic activity eventually leads to the creation of value, and thus the overall value of all circulating currencies should increase. And holders of the currencies that engage in that economic activity would see that increased value in the value of the currencies they hold.

Economic activity as a driver of wealth creation should lead to
increases in value for the underlying currency used in creating that value

What happens with fiat currencies, instead is that the increasing value of the ecosystem is inflated away by printing more money, and the value of the currency does not increase. The trend between GDP growth and the Consumer Price Index, CPI, in the US going back about two decades, is shown below, and illustrates this well. The GDP is seen increases almost annually while the currency has slight decreasing annual CPI.

Trend between US GDP7 and CPI8 going back about three decades. and the value. Sources: US Bureau of Economic Analysis (BEA) — Gross Domestic Product.
Federal Reserve Economic Data (FRED) — Consumer Price Index: Purchasing Power of the Consumer Dollar.

Consequently, tethering a cryptocurrency to fiat currency while it might instill confidence in the value of the new currency, would also strip away the ability of the cryptocurrency to set an independent monetary path free of the supply policies of the fiat system.

Another cryptocurrency that addresses the idea of a Reserve system, but in a different way is Bancor.9 In the Bancor formulation, a new token is created that sets up a reserve system where the token sort of plays the role in the ETH ecosystem that the USD does to other national currencies, or that gold initially did for the dollar.

Description of the Bancor Protocol from the website

While the reserve idea in Bancor for new digital currencies is fundamentally reasonable, pegging of new currencies to a brand new one such as Bancor or even other slightly older digital currencies will likely not create much confidence of the type advocated here. The point of the reserve is to peg a new digital currency to a more established one that users have confidence in; and not just those already using cryptocurrencies. In addition, a predetermined reserve price known to the user before purchasing the new currency, and without the exotic price discovery schemes, is currently advocated here as it would be more deterministic and clearer to those new to cryptocurrencies — which is the vast majority of people.

An Ideal Reserve System for CryptoCurrencies

The ideal reserve system for cryptocurrencies would allow the new currency to gain in value on its own based on the economic activity underlying the currency, its demand, as well as its monetary supply strategy. The reserve would simply provide a base initially backing any fiat currency exchanged initially for the currency. Essentially, a similar law as the first law of matter should govern an initial exchange of a fiat currency for a cryptocurrency — value should not be created or destroyed simply by changing it from one type of currency to another. If $100 is exchanged for an equivalent amount in a crypto-currency, then the holder of the new cryptocurrency now has the ability to proceed and spend an equivalent of that $100 in the ecosystem. The initial exchanged amount can be placed in a reserve essentially providing liquidity backing a potential return to fiat currency, if needed. Without that, the newly minted cryptocurrency would have caused an equivalent of $200 to be available for spending within the ecosystem.

The challenge in this formulation arises when the new currency begins to grow in value; which it will if it begins to be utilized in transactions that drive economic activity, and its supply is not inflationary. When the currency begins to gain in value, subsequent minted value would be backed by higher and higher fiat values. This would mean that the reserve value is either no longer on par with the initial reserve rate set, or methods need to be devised to ensure that the reserve itself is growing at pace with the value of the cryptocurrency; which is not impossible if a portion of the growth in the ecosystem is also returned to the reserve. However, keeping the reserve exchange rate fixed is a simpler formulation and would still be a significantly better scenario than the current status quo.

Operating a Reserve System with a Decentralized System

Setting up a reserve system for a centralized cryptocurrency or one where the minting is centrally controlled is fairly straightforward. Setting one up for a completely decentralized blockchain system would be much more challenging. For instance, who would be responsible for verifying the reserve? A reserve system could be fully decentralized, semi-centralized or fully centralized. New processing nodes or master-nodes of a blockchain system may be required to deposit an equivalent amount in reserve for every currency the mint in new blocks they create. Each node may then need to submit an audited review of their reserves on a periodic basis. This formulation would be more easily operable with a network that is based on proof of stake for processing nodes. There is no doubt that much of the verification operations on the reserve side would occur outside of the blockchain, but the tools and techniques to implement such a system exists today.

Finally, it should be pointed out that just as the dollar disengaged itself from its reserve asset years after it was fully established and had gained near universal buy in, a reserve backed cryptocurrency would also gradually shed its need to be backed by a prior currency. This will occur naturally as the value of the cryptocurrency begins to gain comparatively in value, and as its share of use in the economy increases. It is possible that within a decade or less, the growth in value of the cryptocurrency, and its controlled monetary supply, and preference for transactions denominated in it would have seen it grow as a share of the overall economy sufficient to gradually phase away the fall back exchange rate, and with it the reserve requirement.

Conclusions

In this second article in the series pointing out improvements to digital currencies, or attempting to envision the ideal digital currency, we describe a system of reserves that would see this ideal digital currency with the following attributes:

  1. Perfectly liquid against original fiat currency in its domain right from the outset. Members of the digital currency’s economic ecosystem have confidence that the digital currency they hold can be exchanged back to local fiat currency on demand.
  2. Reserve procedure is transparent and automated and programmed into the blockchain logic.
  3. The reserve price by nature of the limited supply will slowly become lower than the market price as the digital currency appreciates against its reserve currency.
  4. The reserve price is programmed to appreciate year on year, up to a number of years at which point the reserve is no longer needed, and the digital currency no longer provides a fallback conversion rate to the older currency.

References

1. “Gold Standard Act of 1900”. The Statutes at large of the United States of America. Washington: Government Printing Office. http://www2.econ.iastate.edu/classes/econ355/choi/1900mar14.html . pp. 45–50. Accessed July 16 2017.

2. “The Gold Standard Act [March 14, 1900” http://www.historycentral.com/documents/GoldStandard.html. Accessed July 16 2017

3. Board of Governors of the Federal Reserve System (U.S.), 1935- and Federal Reserve Board, 1914–1935.,June 1989,”The International Gold Standard and U.S. Monetary Policy from World War I to the New Deal” Federal Reserve Bulletin (June 1989). https://fraser.stlouisfed.org/scribd/?item_id=20805&filepath=/files/docs/publications/FRB/1980s/frb_061989.pdf. Accessed on July 16, 2017.

4. Alan Kaplan, Nov 9 1987, “Full Faith and Credit of U.S. Government Behind the FDIC Deposit Insurance Fund” https://www.fdic.gov/regulations/laws/rules/4000-2660.html. Accessed July 16 2017.

5. Ken Alabs, May 25 2017, “Why Cryptocurrencies are not yet Making a Big Impact in Payment Processing“, Published on Medium, https://medium.com/@alabs.ken/why-cryptocurrencies-are-not-yet-making-a-big-impact-in-payment-processing-3ea1f71d2dee.

6. Tether: Fiat currencies on the Bitcoin blockchain, https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf. Accessed Oct 20 2017.

7. US Bureau of Economic Analysis: Gross Domestic Product, https://www.bea.gov/national/index.htm#gdp. Accessed Oct 201 2017.

8. Consumer Price Index for all Urban Consumers: Purchasing Power of the Consumer Dollar, https://fred.stlouisfed.org/series/CUUR0000SA0R. Accessed Oct 20 2017.

9. The Bancor Protocol, 2017, https://www.bancor.network/. Accessed July 16 2017.

The Ideal Digital Currency (Part 2 of 7): Digital Currencies Need a Reserve Backed System

This is a continuation from the prior article positing that digital currencies need a more practical monetary system besides a fixed supply method if they expect to grow to reasonable size and be the basis of a thriving economic system. It turns out that we believe that most digital currencies also need a reserve backing for their networks; if only at the outset.

The reason for this is because the value of currency and money really is based on confidence by those who hold and transact in the assets. As a means of exchange, modern money is virtually worthless on its own face value. This is true of paper or fiat currencies, and also true for digital currencies. Their value lies in the consensus agreed upon implicitly by those who accept the currency for transactions. For example, one dollar is only able to buy some item, say 1 loaf of bread because the owner of the loaf of accepts that as the value for bread in dollars, and expects that they would be able to at any time turn around and exchange that one dollar for other goods or service that is on par in value with the 1 loaf of bread. Why and how that value settled at one dollar and not, say 100 dollars is determined from a history of the currency and market forces of demand, supply, and costs of production. Let’s consider that history.

History of the Dollar Value

During its creation, inserted into Article 1 of the US Constitution, in a clause known as the Commerce clause, that required the debt of the nation and effectively the dollar be backed by gold and silver. Later on, the Gold Standard Act1 of 1900 effectively pegged the dollar solely to gold, specifying that the dollar be equivalent to twenty-five and eight-tenths grains (about 1.67 g at the time) of gold of some specified purity level. This guaranteed the dollar could be convertible at any time to a specific amount of gold. Effectively, the dollar was thus backed by one ounce of gold to $20.67. Much of the currencies in Europe were also backed by gold2 during that period.

The Gold Reserve Act of 19333 modified the rate to $35 per ounce of gold. Following that period, other currencies began to be valued in terms of the US dollar, and thus remained effectively pegged to gold. However, inflation put a strain on this arbitrary peg, and eventually in 1971 following the oil crisis, President Nixon canceled the convertibility of the dollar to gold, and allowed the dollar to determine its own equilibrium value.

The dollar is currently effectively backed by faith in the United States government and its history and obligation to the currency. Other countries, and commodities markets, such as the price of oil, have basically continued to peg their values to the dollar. Deposits in dollars, for amounts less than $250,000 have also been backed by the United States government via the Federal Deposit Insurance Fund4 — a reserve, such that users know that the amounts they have in the system at any point is secure to that extent in terms of the value they put into it to buy it (which is the goods or services they exchanged for it). That FDIC reference above provides an interesting perspective on the intention of the reserve and would make a good short read separately. It would be imperative not to throw away some of the desirable aspects of an old system while trying to replace it with a better, and technologically more advanced one.

Excerpts from the text setting up the FDIC

The history described above serves the purpose of demonstrating that at the outset, for users to gain confidence in a currency, they initially need to know that if they buy the currency; which they effectively do by exchanging their goods or services for it; they can expect to retrieve roughly that value back at any time. The value they can retrieve back represents a floor on the value of their goods or services. Later, once the currency is established, the currency could set its own rate based on its strength and what its users determine is its exchange value.

Bitcoin seems to have bypassed this path. However, it continues to experience volatility that is not conducive to every day commerce.5 The argument from a digital currency enthusiast would be that pegging digital currencies to any fiat money, which is typically inflated, simply removes one of the key drivers behind the creation of the digital currency in the first place and would effectively stymie their appreciation. However, this is not a peg of the digital currency to the fiat money but a separate reserve that serves as a floor initially for holders of the new digital currency. The reserve does not imply that users must exchange back their digital currency for the reserved value. They could and likely will continue to exchange at the market rate same as is currently done for digital currencies.

Current Attempts by Digital Currencies at Creating a Reserve System

Some recent work in digital currencies has recognized the need for reserves for crypto-currencies. One such effort is that done by Tethers. Tethers6 creates new cryptocurrency and pegs its value 1-to-1 to the dollar. However, this arrangement completely negates one of the key advantages of a cryptocurrency — the fact that gains in the ecosystem is not inflated away. Consider a system in which economic activity is taking place, denominated in some currency, or set of currencies. Economic activity eventually leads to the creation of value, and thus the overall value of all circulating currencies should increase. And holders of the currencies that engage in that economic activity would see that increased value in the value of the currencies they hold.

Economic activity as a driver of wealth creation should lead to
increases in value for the underlying currency used in creating that value

What happens with fiat currencies, instead is that the increasing value of the ecosystem is inflated away by printing more money, and the value of the currency does not increase. The trend between GDP growth and the Consumer Price Index, CPI, in the US going back about two decades, is shown below, and illustrates this well. The GDP is seen increases almost annually while the currency has slight decreasing annual CPI.

Trend between US GDP7 and CPI8 going back about three decades. and the value. Sources: US Bureau of Economic Analysis (BEA) — Gross Domestic Product.
Federal Reserve Economic Data (FRED) — Consumer Price Index: Purchasing Power of the Consumer Dollar.

Consequently, tethering a cryptocurrency to fiat currency while it might instill confidence in the value of the new currency, would also strip away the ability of the cryptocurrency to set an independent monetary path free of the supply policies of the fiat system.

Another cryptocurrency that addresses the idea of a Reserve system, but in a different way is Bancor.9 In the Bancor formulation, a new token is created that sets up a reserve system where the token sort of plays the role in the ETH ecosystem that the USD does to other national currencies, or that gold initially did for the dollar.

Description of the Bancor Protocol from the website

While the reserve idea in Bancor for new digital currencies is fundamentally reasonable, pegging of new currencies to a brand new one such as Bancor or even other slightly older digital currencies will likely not create much confidence of the type advocated here. The point of the reserve is to peg a new digital currency to a more established one that users have confidence in; and not just those already using cryptocurrencies. In addition, a predetermined reserve price known to the user before purchasing the new currency, and without the exotic price discovery schemes, is currently advocated here as it would be more deterministic and clearer to those new to cryptocurrencies — which is the vast majority of people.

An Ideal Reserve System for CryptoCurrencies

The ideal reserve system for cryptocurrencies would allow the new currency to gain in value on its own based on the economic activity underlying the currency, its demand, as well as its monetary supply strategy. The reserve would simply provide a base initially backing any fiat currency exchanged initially for the currency. Essentially, a similar law as the first law of matter should govern an initial exchange of a fiat currency for a cryptocurrency — value should not be created or destroyed simply by changing it from one type of currency to another. If $100 is exchanged for an equivalent amount in a crypto-currency, then the holder of the new cryptocurrency now has the ability to proceed and spend an equivalent of that $100 in the ecosystem. The initial exchanged amount can be placed in a reserve essentially providing liquidity backing a potential return to fiat currency, if needed. Without that, the newly minted cryptocurrency would have caused an equivalent of $200 to be available for spending within the ecosystem.

The challenge in this formulation arises when the new currency begins to grow in value; which it will if it begins to be utilized in transactions that drive economic activity, and its supply is not inflationary. When the currency begins to gain in value, subsequent minted value would be backed by higher and higher fiat values. This would mean that the reserve value is either no longer on par with the initial reserve rate set, or methods need to be devised to ensure that the reserve itself is growing at pace with the value of the cryptocurrency; which is not impossible if a portion of the growth in the ecosystem is also returned to the reserve. However, keeping the reserve exchange rate fixed is a simpler formulation and would still be a significantly better scenario than the current status quo.

Operating a Reserve System with a Decentralized System

Setting up a reserve system for a centralized cryptocurrency or one where the minting is centrally controlled is fairly straightforward. Setting one up for a completely decentralized blockchain system would be much more challenging. For instance, who would be responsible for verifying the reserve? A reserve system could be fully decentralized, semi-centralized or fully centralized. New processing nodes or master-nodes of a blockchain system may be required to deposit an equivalent amount in reserve for every currency the mint in new blocks they create. Each node may then need to submit an audited review of their reserves on a periodic basis. This formulation would be more easily operable with a network that is based on proof of stake for processing nodes. There is no doubt that much of the verification operations on the reserve side would occur outside of the blockchain, but the tools and techniques to implement such a system exists today.

Finally, it should be pointed out that just as the dollar disengaged itself from its reserve asset years after it was fully established and had gained near universal buy in, a reserve backed cryptocurrency would also gradually shed its need to be backed by a prior currency. This will occur naturally as the value of the cryptocurrency begins to gain comparatively in value, and as its share of use in the economy increases. It is possible that within a decade or less, the growth in value of the cryptocurrency, and its controlled monetary supply, and preference for transactions denominated in it would have seen it grow as a share of the overall economy sufficient to gradually phase away the fall back exchange rate, and with it the reserve requirement.

Conclusions

In this second article in the series pointing out improvements to digital currencies, or attempting to envision the ideal digital currency, we describe a system of reserves that would see this ideal digital currency with the following attributes:

  1. Perfectly liquid against original fiat currency in its domain right from the outset. Members of the digital currency’s economic ecosystem have confidence that the digital currency they hold can be exchanged back to local fiat currency on demand.
  2. Reserve procedure is transparent and automated and programmed into the blockchain logic.
  3. The reserve price by nature of the limited supply will slowly become lower than the market price as the digital currency appreciates against its reserve currency.
  4. The reserve price is programmed to appreciate year on year, up to a number of years at which point the reserve is no longer needed, and the digital currency no longer provides a fallback conversion rate to the older currency.

References

1. “Gold Standard Act of 1900”. The Statutes at large of the United States of America. Washington: Government Printing Office. http://www2.econ.iastate.edu/classes/econ355/choi/1900mar14.html . pp. 45–50. Accessed July 16 2017.

2. “The Gold Standard Act [March 14, 1900” http://www.historycentral.com/documents/GoldStandard.html. Accessed July 16 2017

3. Board of Governors of the Federal Reserve System (U.S.), 1935- and Federal Reserve Board, 1914–1935.,June 1989,”The International Gold Standard and U.S. Monetary Policy from World War I to the New Deal” Federal Reserve Bulletin (June 1989). https://fraser.stlouisfed.org/scribd/?item_id=20805&filepath=/files/docs/publications/FRB/1980s/frb_061989.pdf. Accessed on July 16, 2017.

4. Alan Kaplan, Nov 9 1987, “Full Faith and Credit of U.S. Government Behind the FDIC Deposit Insurance Fund” https://www.fdic.gov/regulations/laws/rules/4000-2660.html. Accessed July 16 2017.

5. Ken Alabs, May 25 2017, “Why Cryptocurrencies are not yet Making a Big Impact in Payment Processing“, Published on Medium, https://medium.com/@alabs.ken/why-cryptocurrencies-are-not-yet-making-a-big-impact-in-payment-processing-3ea1f71d2dee.

6. Tether: Fiat currencies on the Bitcoin blockchain, https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf. Accessed Oct 20 2017.

7. US Bureau of Economic Analysis: Gross Domestic Product, https://www.bea.gov/national/index.htm#gdp. Accessed Oct 201 2017.

8. Consumer Price Index for all Urban Consumers: Purchasing Power of the Consumer Dollar, https://fred.stlouisfed.org/series/CUUR0000SA0R. Accessed Oct 20 2017.

9. The Bancor Protocol, 2017, https://www.bancor.network/. Accessed July 16 2017.

POWER LEDGER The True Power of Blockchain

The vitality business used to be basic. Vertically-incorporated utilities sat amidst the framework, as big-hearted spiders turning a web out to the last customer asking for association: they chose where and when to fabricate producing limit; they chose how to connect the separation amongst generators and burdens; they kept the framework in adjust through the deft utilization of the levers accessible to a unified controlling substance. While dynamic utilities and controllers endeavor to position themselves as customer centered or buyer driven, actually, even the most dynamic are just rethinking a story that pushes residents into classes of purchasers.

Sticking to the umbilicus of the power organize, customers are encouraged an enduring eating regimen of cost and item. The cost of vitality security can be tallied as far as control, sureness and financial freedom. Be that as it may, a worldwide innovation insurgency has changed the power adjust amongst purchasers and brought together power experts. The blasting business sector in Distributed Energy Resources (DER) like sun powered photovoltaic frameworks (PV), batteries, microgrids and inserted systems has moved the power adjust from focal specialists to the edges of the network, to where natives have control. Also, it isn’t just about controlling the cost of vitality utilization, it is an impression of people groups wants that their vitality supplies are more reasonable, all the more socially-capable, more nearby, stronger and more fair. All that is expected to move the upset into the standard is a model for vitality exchanging that removes control from the hands of focal players and puts ordinary nationals responsible for a co-made vitality future. The Power Ledger Ecosystem is that stage.

Power Ledger Whitepaper

POWER LEDGER The True Power of Blockchain

The vitality business used to be basic. Vertically-incorporated utilities sat amidst the framework, as big-hearted spiders turning a web out to the last customer asking for association: they chose where and when to fabricate producing limit; they chose how to connect the separation amongst generators and burdens; they kept the framework in adjust through the deft utilization of the levers accessible to a unified controlling substance. While dynamic utilities and controllers endeavor to position themselves as customer centered or buyer driven, actually, even the most dynamic are just rethinking a story that pushes residents into classes of purchasers.

Sticking to the umbilicus of the power organize, customers are encouraged an enduring eating regimen of cost and item. The cost of vitality security can be tallied as far as control, sureness and financial freedom. Be that as it may, a worldwide innovation insurgency has changed the power adjust amongst purchasers and brought together power experts. The blasting business sector in Distributed Energy Resources (DER) like sun powered photovoltaic frameworks (PV), batteries, microgrids and inserted systems has moved the power adjust from focal specialists to the edges of the network, to where natives have control. Also, it isn’t just about controlling the cost of vitality utilization, it is an impression of people groups wants that their vitality supplies are more reasonable, all the more socially-capable, more nearby, stronger and more fair. All that is expected to move the upset into the standard is a model for vitality exchanging that removes control from the hands of focal players and puts ordinary nationals responsible for a co-made vitality future. The Power Ledger Ecosystem is that stage.

Power Ledger Whitepaper

Mise à jour des progrès de Bancor

Fin de l’été 2017

Bonjour communauté de Bancor,

Cet été fut riche en événements depuis notre TGE et l’activation du premier Jeton Intelligent au monde (BNT) qui, depuis, a été sainement négocié, directement à travers son contrat.

Nous avons manqué d’être en contact étroit avec vous alors que nous nous sommes envolés pour mettre la maison en ordre, mettre en place des plans pour notre croissance future et nous assurer que nous couvrons les bases en termes de structure, de communication et de conformité pour la longévité de ce projet à long terme qui vise à créer à l’avenir une nouvelle norme intelligente pour l’industrie

Vous trouverez ci-dessous une liste partielle des activités sur lesquelles nous nous sommes penchés. Cet automne, nous allons revenir à des mises à jour régulières pour que vous puissiez suivre les derniers développements et, bien sûr, toujours poser des questions, soumettre des commentaires et explorer les moyens d’approfondir le projet. Nous vous souhaitons la bienvenue dans tous nos canaux et nous sommes particulièrement actifs dans notre groupe Telegram qui est animé par les membres de la communauté pour une discussion positive et productive. Nous aimerions vous voir là-bas.

Bancor Premiers pas Réseau de liquidité

  • Un volume d’échange de 302702 éther a eu lieu sur la on-chain grâce au contrat intelligent BNT depuis son activation le 22 juin 2017.

Service Web Bancor

Notre communauté Bancor de création de service en production a été utilisé pour exploiter notre programme de primes crowd-source, l’un des plus grand et le plus productif jamais exécuté dans l’espace. Nous croyons qu’il est essentiel d’utiliser le service Bancor pour des applications basées sur des jetons du réseau Ethereum avec des cas d’utilisation réels afin de l’améliorer. Nos programmes de primes nous permettent de continuer à atteindre cet objectif tout en s’engageant positivement avec la communauté, en rejoignant de nouveaux membres et en créant des effets de réseau qui se propagent vers l’extérieur pour le bien du projet.

  • Nous avons construit et lancé la possibilité de convertir des jetons de prime (à savoir Jetons Intelligent) en BNT et les envoyer à un porte-monnaie externe.
  • De nouveaux programmes de primes ont été lancés. Vérifiez-les içi.

Développement Frontend

  • While it’Bien qu’il soit très simple d’acheter des tokens BNT en envoyant ETH à l’adresse du contrat (qui renvoie automatiquement BNT à l’expéditeur), le processus complet d’achat et de liquidation des jetons intelligents (avec limite de prix facultative) est encore lourd à utiliser.
  • Nous travaillons à intégrer web3 à notre interface utilisateur, ce qui permettra aux utilisateurs d’utiliser Metamask, Parity et imToken en tant que portefeuilles externes, et de déclencher des transactions de conversion de jetons à partir d’un service Web facile à utiliser — sera exécuté par ces portefeuilles.
  • Cela simplifiera considérablement l’utilisation de jetons intelligent ou Smart Tokens et aidera à offrir des produits et des services basés sur la blockchain à un public plus large.
  • Le prix et les graphiques seront affichés pour le jeton, ajoutant des statistiques faciles à digérer dans l’écosystème, en simplifiant davantage l’utilisation.

Développement des affaires

Nous mettons l’accent sur la collaboration dans le cadre de notre volonté d’intégrer diverses initiatives et de créer un écosystème vraiment sain. Voici les technologies que nous explorons:

Déploiement des jetons intelligents

Il existe de nombreux jetons intelligents dans différentes étapes de la mise en œuvre des contrats intelligents. Ils sont tous des entreprises indépendantes qui ont choisi d’utiliser la technologie de protocole Bancor. Certains des cas d’utilisation incluent:

  • Asset tokenizer (semblables à Digix, pour d’autres types d’actifs)
  • Plateformes de messagerie décentralisée
  • Matériel et périphériques liés à la Blockchain
  • Fonds de risque fondés sur des jetons (semblable à ICONOMI, TaaS)
  • Services financiers
  • Jetons dédié au jeu
  • Contenu généré par l’utilisateur
  • Passerelles de paiement
  • Marketing de fidélité
  • Devises communautaires, existantes et nouvelles
  • Et beaucoup plus…

Diffusion du message

Il n’est pas trivial de bien comprendre la valeur fondamentale du protocole Bancor, tout comme il n’est pas trivial de comprendre les contrats intelligents, même aujourd’hui. Nous mettons en place des infrastructures pour créer des contenus de haute qualité, du matériel didactique et pédagogique autour de ces sujets et plus encore. En attendant, nous continuons à battre le pavé et à partager les avantages de Bancor avec les principaux intervenants.

Conférences récentes

Prochaines conférences

Nous sommes également en train de créer un événement sur les jetons intelligent ainsi que le protocole Bancor, les détails seront bientôt annoncés …

Entretiens récents

Neocash (Eyal)

Epicenter (Eyal)

Équipe

Comme nous l’avons mentionné, l’expansion de l’équipe est à la fois le plus haut risque et le meilleur élément de récompense de la mise à l’échelle. Nous embauchons dans chaque département et recrutons méticuleusement une équipe du plus haut calibre, avec la passion la plus pure pour les technologies blockchain et la capacité de travailler collectivement efficacement pendant plusieurs années. Nous sommes très heureux des nouveaux ajouts en ingénierie, marketing, opérations, conformité, finances, Assurance Qualité et les communautés, et présenterons les membres de l’équipe grâce à un nouveau site Web novateur et instructif qui lancera cet automne.

Conseil consultatif

Elie Galam — Wall Street Quant rejoint notre conseil consultatif solide pour ajouter des produits et des compétences de partenariat dans une nouvelle catégorie de produits et de services basés sur Bancor.

Communauté blockchain

Nous continuons à nous engager avec partisans et challengers de l’industrie et espérons ajouter de la valeur à toutes ces conversations grâce à une participation authentique et une véritable croyance en matière de décentralisation.

  • Notre CTO a participé à l’atelier ENS de la Fondation Ethereum
  • Yudi a également été juge dans un Concours de codage de solidity, faisant don de dizaines d’heures pour chercher soigneusement des vulnérabilités de sécurité de solidity

1 er Anniversaire

Nous venons de célébrer un an depuis que nous avons commencé à travailler sur Bancor (21-août-2016), et quelle année incroyable cela a été pour nous et pour beaucoup. Nous prévoyons de publier une mise à jour mensuelle vers le 21 de chaque mois en l’honneur de cette étape franchi, et nous sommes impatients de partager encore plus de détails lors de notre prochaine communication.

Nous ne pouvons pas vous remercier assez de votre accompagnement, en tout état de cause.

Joyeux Septembre

L’équipe Bancor


Mise à jour des progrès de Bancor was originally published in Bancor (Français) on Medium, where people are continuing the conversation by highlighting and responding to this story.

Mise à jour des progrès de Bancor

Fin de l’été 2017

Bonjour communauté de Bancor,

Cet été fut riche en événements depuis notre TGE et l’activation du premier Jeton Intelligent au monde (BNT) qui, depuis, a été sainement négocié, directement à travers son contrat.

Nous avons manqué d’être en contact étroit avec vous alors que nous nous sommes envolés pour mettre la maison en ordre, mettre en place des plans pour notre croissance future et nous assurer que nous couvrons les bases en termes de structure, de communication et de conformité pour la longévité de ce projet à long terme qui vise à créer à l’avenir une nouvelle norme intelligente pour l’industrie

Vous trouverez ci-dessous une liste partielle des activités sur lesquelles nous nous sommes penchés. Cet automne, nous allons revenir à des mises à jour régulières pour que vous puissiez suivre les derniers développements et, bien sûr, toujours poser des questions, soumettre des commentaires et explorer les moyens d’approfondir le projet. Nous vous souhaitons la bienvenue dans tous nos canaux et nous sommes particulièrement actifs dans notre groupe Telegram qui est animé par les membres de la communauté pour une discussion positive et productive. Nous aimerions vous voir là-bas.

Bancor Premiers pas Réseau de liquidité

  • Un volume d’échange de 302702 éther a eu lieu sur la on-chain grâce au contrat intelligent BNT depuis son activation le 22 juin 2017.

Service Web Bancor

Notre communauté Bancor de création de service en production a été utilisé pour exploiter notre programme de primes crowd-source, l’un des plus grand et le plus productif jamais exécuté dans l’espace. Nous croyons qu’il est essentiel d’utiliser le service Bancor pour des applications basées sur des jetons du réseau Ethereum avec des cas d’utilisation réels afin de l’améliorer. Nos programmes de primes nous permettent de continuer à atteindre cet objectif tout en s’engageant positivement avec la communauté, en rejoignant de nouveaux membres et en créant des effets de réseau qui se propagent vers l’extérieur pour le bien du projet.

  • Nous avons construit et lancé la possibilité de convertir des jetons de prime (à savoir Jetons Intelligent) en BNT et les envoyer à un porte-monnaie externe.
  • De nouveaux programmes de primes ont été lancés. Vérifiez-les içi.

Développement Frontend

  • While it’Bien qu’il soit très simple d’acheter des tokens BNT en envoyant ETH à l’adresse du contrat (qui renvoie automatiquement BNT à l’expéditeur), le processus complet d’achat et de liquidation des jetons intelligents (avec limite de prix facultative) est encore lourd à utiliser.
  • Nous travaillons à intégrer web3 à notre interface utilisateur, ce qui permettra aux utilisateurs d’utiliser Metamask, Parity et imToken en tant que portefeuilles externes, et de déclencher des transactions de conversion de jetons à partir d’un service Web facile à utiliser — sera exécuté par ces portefeuilles.
  • Cela simplifiera considérablement l’utilisation de jetons intelligent ou Smart Tokens et aidera à offrir des produits et des services basés sur la blockchain à un public plus large.
  • Le prix et les graphiques seront affichés pour le jeton, ajoutant des statistiques faciles à digérer dans l’écosystème, en simplifiant davantage l’utilisation.

Développement des affaires

Nous mettons l’accent sur la collaboration dans le cadre de notre volonté d’intégrer diverses initiatives et de créer un écosystème vraiment sain. Voici les technologies que nous explorons:

Déploiement des jetons intelligents

Il existe de nombreux jetons intelligents dans différentes étapes de la mise en œuvre des contrats intelligents. Ils sont tous des entreprises indépendantes qui ont choisi d’utiliser la technologie de protocole Bancor. Certains des cas d’utilisation incluent:

  • Asset tokenizer (semblables à Digix, pour d’autres types d’actifs)
  • Plateformes de messagerie décentralisée
  • Matériel et périphériques liés à la Blockchain
  • Fonds de risque fondés sur des jetons (semblable à ICONOMI, TaaS)
  • Services financiers
  • Jetons dédié au jeu
  • Contenu généré par l’utilisateur
  • Passerelles de paiement
  • Marketing de fidélité
  • Devises communautaires, existantes et nouvelles
  • Et beaucoup plus…

Diffusion du message

Il n’est pas trivial de bien comprendre la valeur fondamentale du protocole Bancor, tout comme il n’est pas trivial de comprendre les contrats intelligents, même aujourd’hui. Nous mettons en place des infrastructures pour créer des contenus de haute qualité, du matériel didactique et pédagogique autour de ces sujets et plus encore. En attendant, nous continuons à battre le pavé et à partager les avantages de Bancor avec les principaux intervenants.

Conférences récentes

Prochaines conférences

Nous sommes également en train de créer un événement sur les jetons intelligent ainsi que le protocole Bancor, les détails seront bientôt annoncés …

Entretiens récents

Neocash (Eyal)

Epicenter (Eyal)

Équipe

Comme nous l’avons mentionné, l’expansion de l’équipe est à la fois le plus haut risque et le meilleur élément de récompense de la mise à l’échelle. Nous embauchons dans chaque département et recrutons méticuleusement une équipe du plus haut calibre, avec la passion la plus pure pour les technologies blockchain et la capacité de travailler collectivement efficacement pendant plusieurs années. Nous sommes très heureux des nouveaux ajouts en ingénierie, marketing, opérations, conformité, finances, Assurance Qualité et les communautés, et présenterons les membres de l’équipe grâce à un nouveau site Web novateur et instructif qui lancera cet automne.

Conseil consultatif

Elie Galam — Wall Street Quant rejoint notre conseil consultatif solide pour ajouter des produits et des compétences de partenariat dans une nouvelle catégorie de produits et de services basés sur Bancor.

Communauté blockchain

Nous continuons à nous engager avec partisans et challengers de l’industrie et espérons ajouter de la valeur à toutes ces conversations grâce à une participation authentique et une véritable croyance en matière de décentralisation.

  • Notre CTO a participé à l’atelier ENS de la Fondation Ethereum
  • Yudi a également été juge dans un Concours de codage de solidity, faisant don de dizaines d’heures pour chercher soigneusement des vulnérabilités de sécurité de solidity

1 er Anniversaire

Nous venons de célébrer un an depuis que nous avons commencé à travailler sur Bancor (21-août-2016), et quelle année incroyable cela a été pour nous et pour beaucoup. Nous prévoyons de publier une mise à jour mensuelle vers le 21 de chaque mois en l’honneur de cette étape franchi, et nous sommes impatients de partager encore plus de détails lors de notre prochaine communication.

Nous ne pouvons pas vous remercier assez de votre accompagnement, en tout état de cause.

Joyeux Septembre

L’équipe Bancor


Mise à jour des progrès de Bancor was originally published in Bancor (Français) on Medium, where people are continuing the conversation by highlighting and responding to this story.

Mise à jour des progrès de Bancor

Fin de l’été 2017

Bonjour communauté de Bancor,

Cet été fut riche en événements depuis notre TGE et l’activation du premier Jeton Intelligent au monde (BNT) qui, depuis, a été sainement négocié, directement à travers son contrat.

Nous avons manqué d’être en contact étroit avec vous alors que nous nous sommes envolés pour mettre la maison en ordre, mettre en place des plans pour notre croissance future et nous assurer que nous couvrons les bases en termes de structure, de communication et de conformité pour la longévité de ce projet à long terme qui vise à créer à l’avenir une nouvelle norme intelligente pour l’industrie

Vous trouverez ci-dessous une liste partielle des activités sur lesquelles nous nous sommes penchés. Cet automne, nous allons revenir à des mises à jour régulières pour que vous puissiez suivre les derniers développements et, bien sûr, toujours poser des questions, soumettre des commentaires et explorer les moyens d’approfondir le projet. Nous vous souhaitons la bienvenue dans tous nos canaux et nous sommes particulièrement actifs dans notre groupe Telegram qui est animé par les membres de la communauté pour une discussion positive et productive. Nous aimerions vous voir là-bas.

Bancor Premiers pas Réseau de liquidité

  • Un volume d’échange de 302702 éther a eu lieu sur la on-chain grâce au contrat intelligent BNT depuis son activation le 22 juin 2017.

Service Web Bancor

Notre communauté Bancor de création de service en production a été utilisé pour exploiter notre programme de primes crowd-source, l’un des plus grand et le plus productif jamais exécuté dans l’espace. Nous croyons qu’il est essentiel d’utiliser le service Bancor pour des applications basées sur des jetons du réseau Ethereum avec des cas d’utilisation réels afin de l’améliorer. Nos programmes de primes nous permettent de continuer à atteindre cet objectif tout en s’engageant positivement avec la communauté, en rejoignant de nouveaux membres et en créant des effets de réseau qui se propagent vers l’extérieur pour le bien du projet.

  • Nous avons construit et lancé la possibilité de convertir des jetons de prime (à savoir Jetons Intelligent) en BNT et les envoyer à un porte-monnaie externe.
  • De nouveaux programmes de primes ont été lancés. Vérifiez-les içi.

Développement Frontend

  • While it’Bien qu’il soit très simple d’acheter des tokens BNT en envoyant ETH à l’adresse du contrat (qui renvoie automatiquement BNT à l’expéditeur), le processus complet d’achat et de liquidation des jetons intelligents (avec limite de prix facultative) est encore lourd à utiliser.
  • Nous travaillons à intégrer web3 à notre interface utilisateur, ce qui permettra aux utilisateurs d’utiliser Metamask, Parity et imToken en tant que portefeuilles externes, et de déclencher des transactions de conversion de jetons à partir d’un service Web facile à utiliser — sera exécuté par ces portefeuilles.
  • Cela simplifiera considérablement l’utilisation de jetons intelligent ou Smart Tokens et aidera à offrir des produits et des services basés sur la blockchain à un public plus large.
  • Le prix et les graphiques seront affichés pour le jeton, ajoutant des statistiques faciles à digérer dans l’écosystème, en simplifiant davantage l’utilisation.

Développement des affaires

Nous mettons l’accent sur la collaboration dans le cadre de notre volonté d’intégrer diverses initiatives et de créer un écosystème vraiment sain. Voici les technologies que nous explorons:

Déploiement des jetons intelligents

Il existe de nombreux jetons intelligents dans différentes étapes de la mise en œuvre des contrats intelligents. Ils sont tous des entreprises indépendantes qui ont choisi d’utiliser la technologie de protocole Bancor. Certains des cas d’utilisation incluent:

  • Asset tokenizer (semblables à Digix, pour d’autres types d’actifs)
  • Plateformes de messagerie décentralisée
  • Matériel et périphériques liés à la Blockchain
  • Fonds de risque fondés sur des jetons (semblable à ICONOMI, TaaS)
  • Services financiers
  • Jetons dédié au jeu
  • Contenu généré par l’utilisateur
  • Passerelles de paiement
  • Marketing de fidélité
  • Devises communautaires, existantes et nouvelles
  • Et beaucoup plus…

Diffusion du message

Il n’est pas trivial de bien comprendre la valeur fondamentale du protocole Bancor, tout comme il n’est pas trivial de comprendre les contrats intelligents, même aujourd’hui. Nous mettons en place des infrastructures pour créer des contenus de haute qualité, du matériel didactique et pédagogique autour de ces sujets et plus encore. En attendant, nous continuons à battre le pavé et à partager les avantages de Bancor avec les principaux intervenants.

Conférences récentes

Prochaines conférences

Nous sommes également en train de créer un événement sur les jetons intelligent ainsi que le protocole Bancor, les détails seront bientôt annoncés …

Entretiens récents

Neocash (Eyal)

Epicenter (Eyal)

Équipe

Comme nous l’avons mentionné, l’expansion de l’équipe est à la fois le plus haut risque et le meilleur élément de récompense de la mise à l’échelle. Nous embauchons dans chaque département et recrutons méticuleusement une équipe du plus haut calibre, avec la passion la plus pure pour les technologies blockchain et la capacité de travailler collectivement efficacement pendant plusieurs années. Nous sommes très heureux des nouveaux ajouts en ingénierie, marketing, opérations, conformité, finances, Assurance Qualité et les communautés, et présenterons les membres de l’équipe grâce à un nouveau site Web novateur et instructif qui lancera cet automne.

Conseil consultatif

Elie Galam — Wall Street Quant rejoint notre conseil consultatif solide pour ajouter des produits et des compétences de partenariat dans une nouvelle catégorie de produits et de services basés sur Bancor.

Communauté blockchain

Nous continuons à nous engager avec partisans et challengers de l’industrie et espérons ajouter de la valeur à toutes ces conversations grâce à une participation authentique et une véritable croyance en matière de décentralisation.

  • Notre CTO a participé à l’atelier ENS de la Fondation Ethereum
  • Yudi a également été juge dans un Concours de codage de solidity, faisant don de dizaines d’heures pour chercher soigneusement des vulnérabilités de sécurité de solidity

1 er Anniversaire

Nous venons de célébrer un an depuis que nous avons commencé à travailler sur Bancor (21-août-2016), et quelle année incroyable cela a été pour nous et pour beaucoup. Nous prévoyons de publier une mise à jour mensuelle vers le 21 de chaque mois en l’honneur de cette étape franchi, et nous sommes impatients de partager encore plus de détails lors de notre prochaine communication.

Nous ne pouvons pas vous remercier assez de votre accompagnement, en tout état de cause.

Joyeux Septembre

L’équipe Bancor


Mise à jour des progrès de Bancor was originally published in Bancor (Français) on Medium, where people are continuing the conversation by highlighting and responding to this story.

Anunciando os primeiros tokens ativos na rede de liquidez descentralizada Bancor

ETH, BNT, STX, GNO…Uma rede começa com nós

Hoje é um dia especial para a Bancor, quando um ano de sonhos na tomada leva seus próximos passos para uma realidade fundamentalmente nova.

O primeiro passo foi o Evento de geração de token em 12 de junho de 2017, que o BNT nas mãos de milhares de usuários em todo o mundo para começar a perceber a visão de uma rede de liquidez descentralizada automatizada que poderia desbloquear os portões de inovação para milhões de criadores de token grandes e pequeno.

O segundo passo, uma semana depois, estava ativando o BNT , Bancor Network Token, o primeiro token inteligente compatível com o Bancor do mundo. O equilíbrio Ethereum (o que chamamos de “Conector”) permite que ele seja convertido de forma autônoma em ETH a qualquer momento, diretamente por meio de seu contrato inteligente, sem depender de um livro de encomendas e sem contraparte comercial.

O terceiro passo, no final de setembro, estava permitindo uma interface de usuário básica que permitiria a um público maior de compradores e vendedores converter mais facilmente o BNT em ETH através de um aplicativo da Web, em vez de entre carteiras em um processo multi-passo e bastante técnico . Somente ao tornar o Protocolo Bancor mais acessível aos usuários não técnicos, podemos avançar em nossa missão de promover o desenvolvimento e uso de moedas comunitárias em todo o mundo. Há muito mais trabalho a fazer aqui.

Hoje estamos entusiasmados em compartilhar um quarto e significativo passo, a integração dos primeiros tokens adicionais na rede de liquidez usando o protocolo Bancor de código aberto. A partir de hoje, os usuários também podem converter STX ( Stox ) e GNO ( Gnosis ), juntamente com BNT e ETH, diretamente entre contratos inteligentes, fora das trocas, usando uma aplicação Web simples em conjunto com populares carteiras Web3, como MetaMask, Parity ou Mist . Enquanto o STX é um token inteligente que possui um único conector BNT (4% de peso), o GNO é um Token Relay de terceiros (um Token inteligente de modelo específico), segurando um GNO e um BNT Connector, cada um com um peso de 50%. Embora esses produtos ainda não estejam aperfeiçoados, eles são um tremendo passo em frente do que é possível hoje e um excelente tomador do que está por vir.

Confira as novas opções de conversão de token em https://app.bancor.network/discover e junte-se a um dos programas de recompensa se você quiser contribuir para melhorar o produto e o ecossistema.

Se você possui um token ERC20 existente ou está lançando um novo, entre em contato conosco para saber mais sobre como você pode integrar o Protocolo Bancor em seu token para fornecer aos titulares uma liquidez contínua na cadeia. contact@bancor.network

Quando um bebê começa com células, uma rede começa com nós.Congratulamo-nos com estes primeiros tokens e muitos mais que seguirão para formar um novo mundo de liquidez agora.


Anunciando os primeiros tokens ativos na rede de liquidez descentralizada Bancor was originally published in Bancor (Português) on Medium, where people are continuing the conversation by highlighting and responding to this story.

Anunciando os primeiros tokens ativos na rede de liquidez descentralizada Bancor

ETH, BNT, STX, GNO…Uma rede começa com nós

Hoje é um dia especial para a Bancor, quando um ano de sonhos na tomada leva seus próximos passos para uma realidade fundamentalmente nova.

O primeiro passo foi o Evento de geração de token em 12 de junho de 2017, que o BNT nas mãos de milhares de usuários em todo o mundo para começar a perceber a visão de uma rede de liquidez descentralizada automatizada que poderia desbloquear os portões de inovação para milhões de criadores de token grandes e pequeno.

O segundo passo, uma semana depois, estava ativando o BNT , Bancor Network Token, o primeiro token inteligente compatível com o Bancor do mundo. O equilíbrio Ethereum (o que chamamos de “Conector”) permite que ele seja convertido de forma autônoma em ETH a qualquer momento, diretamente por meio de seu contrato inteligente, sem depender de um livro de encomendas e sem contraparte comercial.

O terceiro passo, no final de setembro, estava permitindo uma interface de usuário básica que permitiria a um público maior de compradores e vendedores converter mais facilmente o BNT em ETH através de um aplicativo da Web, em vez de entre carteiras em um processo multi-passo e bastante técnico . Somente ao tornar o Protocolo Bancor mais acessível aos usuários não técnicos, podemos avançar em nossa missão de promover o desenvolvimento e uso de moedas comunitárias em todo o mundo. Há muito mais trabalho a fazer aqui.

Hoje estamos entusiasmados em compartilhar um quarto e significativo passo, a integração dos primeiros tokens adicionais na rede de liquidez usando o protocolo Bancor de código aberto. A partir de hoje, os usuários também podem converter STX ( Stox ) e GNO ( Gnosis ), juntamente com BNT e ETH, diretamente entre contratos inteligentes, fora das trocas, usando uma aplicação Web simples em conjunto com populares carteiras Web3, como MetaMask, Parity ou Mist . Enquanto o STX é um token inteligente que possui um único conector BNT (4% de peso), o GNO é um Token Relay de terceiros (um Token inteligente de modelo específico), segurando um GNO e um BNT Connector, cada um com um peso de 50%. Embora esses produtos ainda não estejam aperfeiçoados, eles são um tremendo passo em frente do que é possível hoje e um excelente tomador do que está por vir.

Confira as novas opções de conversão de token em https://app.bancor.network/discover e junte-se a um dos programas de recompensa se você quiser contribuir para melhorar o produto e o ecossistema.

Se você possui um token ERC20 existente ou está lançando um novo, entre em contato conosco para saber mais sobre como você pode integrar o Protocolo Bancor em seu token para fornecer aos titulares uma liquidez contínua na cadeia. contact@bancor.network

Quando um bebê começa com células, uma rede começa com nós.Congratulamo-nos com estes primeiros tokens e muitos mais que seguirão para formar um novo mundo de liquidez agora.


Anunciando os primeiros tokens ativos na rede de liquidez descentralizada Bancor was originally published in Bancor (Português) on Medium, where people are continuing the conversation by highlighting and responding to this story.

Miniapps.pro Joins Bancor Network™ To Offer MATBNT Token Relay for Continuous Liquidity

Left to right: Vitaly Gumirov (Miniapps.pro CEO), Kirill Pyrev (CEO BotGaming), Dmitry Khan (Miniapps.pro Advisor), Eyal Hertzog (Product Architect, Bancor), Sefi Golan (CEO Blockchain IL).

Miniapps.pro has joined the Bancor Network™ and will set up a Bancor Protocol™ compliant Token Relay™ with the goal of driving liquidity and creating a safer, more stable exchange mechanism for MAT token holders.

By creating a MAT/BNT Token Relay™, Miniapps.pro token (MAT) holders will be able to easily convert MAT for ETH, BNT, or any other token in the network. Anyone will be able to utilize this service on the Miniapps.pro platform or the Bancor app, providing additional mechanisms by which to easily purchase and sell MAT for ETH and BNT.

Miniapps.pro will deposit equal values of MAT and BNT tokens into a new “Smart Token™” called the MATBNT Token Relay™, via the Bancor smart contracts. To learn more about Smart Tokens™, read the Bancor Protocol™ Whitepaper.

The MATBNT token is expected to activate in the weeks following the closing date of the upcoming MAT Token Sale, scheduled for December 19 2017, 00:00 UTC.

Providing liquidity by means of a smart contract is a major advantage for Miniapps.pro participants — enabling them to convert tokens without counterparty risks associated with centralized models.

MiniApps.pro (http://miniapps.pro) is a global blockchain-powered marketplace of chatbots and a new generation AI chatbot platform. The product makes Artificial Intelligence, Machine Learning and Blockchain technologies available to a broad market of micro, small and medium enterprises around the world.

Miniapps.pro launched the crowdsale of its MAT tokens (http://tokens.miniapps.pro) which allow both chatbot and cryptocurrency communities to become part of this new initiative. A total amount of 20 mln MAT will be generated, with a soft cap of 5 million USD. During the crowdsale, 10 mln MAT will be offered to participants at the price of 0.01 ETH. While the platform is already mature, collected contributions will be primarily targeted at scaling and the development of a rich partner network to fuel the ecosystem.


Miniapps.pro Joins Bancor Network™ To Offer MATBNT Token Relay for Continuous Liquidity was originally published in MiniApps.pro token on Medium, where people are continuing the conversation by highlighting and responding to this story.

Announcing the Snip-Bancor Airdrop

Hello, Snip and Bancor communities!

Two weeks ago we announced that Snip is partnering with Bancor and joining the Bancor Decentralized Liquidity Network. This was an important step in making SnipCoin easier to use and encouraging buyers to hold their tokens in the Snip ecosystem. Now, we’re taking the relationship to the next level, with a mutual airdrop.

In 48 hours, anyone holding at least 300 BNT will automatically receive 450 SnipCoins, no questions asked. At the same time, anyone holding at least 2 ETH of SnipCoins will automatically receive 1.5 BNT, again no questions asked. If you’re quick, you can even get both rewards!

Why are we doing this???

A key goal of SnipCoin is to engage a large audience and turn them into early adopters of the Snip ecosystem. By adding thousands of BNT holders to the Snip network, we hope to reach many more people at an early stage and turn them into real Snip believers.

Check your eligibility for the SNIP and BNT rewards on the Snip sale website, and how far you are from getting in. If you don’t have enough tokens, don’t despair! You still have until October 18, 20:00 UTC to get in the lists.

Have a great AirDrop! 🚀


Announcing the Snip-Bancor Airdrop 🚀 was originally published in Snip on Medium, where people are continuing the conversation by highlighting and responding to this story.

Announcing the Snip-Bancor Airdrop

Hello, Snip and Bancor communities!

Two weeks ago we announced that Snip is partnering with Bancor and joining the Bancor Decentralized Liquidity Network. This was an important step in making SnipCoin easier to use and encouraging buyers to hold their tokens in the Snip ecosystem. Now, we’re taking the relationship to the next level, with a mutual airdrop.

In 48 hours, anyone holding at least 300 BNT will automatically receive 450 SnipCoins, no questions asked. At the same time, anyone holding at least 2 ETH of SnipCoins will automatically receive 1.5 BNT, again no questions asked. If you’re quick, you can even get both rewards!

Why are we doing this???

A key goal of SnipCoin is to engage a large audience and turn them into early adopters of the Snip ecosystem. By adding thousands of BNT holders to the Snip network, we hope to reach many more people at an early stage and turn them into real Snip believers.

Check your eligibility for the SNIP and BNT rewards on the Snip sale website, and how far you are from getting in. If you don’t have enough tokens, don’t despair! You still have until October 18, 20:00 UTC to get in the lists.

Have a great AirDrop! 🚀


Announcing the Snip-Bancor Airdrop 🚀 was originally published in Snip on Medium, where people are continuing the conversation by highlighting and responding to this story.

Announcing the Snip-Bancor Airdrop

Hello, Snip and Bancor communities!

Two weeks ago we announced that Snip is partnering with Bancor and joining the Bancor Decentralized Liquidity Network. This was an important step in making SnipCoin easier to use and encouraging buyers to hold their tokens in the Snip ecosystem. Now, we’re taking the relationship to the next level, with a mutual airdrop.

In 48 hours, anyone holding at least 300 BNT will automatically receive 450 SnipCoins, no questions asked. At the same time, anyone holding at least 2 ETH of SnipCoins will automatically receive 1.5 BNT, again no questions asked. If you’re quick, you can even get both rewards!

Why are we doing this???

A key goal of SnipCoin is to engage a large audience and turn them into early adopters of the Snip ecosystem. By adding thousands of BNT holders to the Snip network, we hope to reach many more people at an early stage and turn them into real Snip believers.

Check your eligibility for the SNIP and BNT rewards on the Snip sale website, and how far you are from getting in. If you don’t have enough tokens, don’t despair! You still have until October 18, 20:00 UTC to get in the lists.

Have a great AirDrop! 🚀


Announcing the Snip-Bancor Airdrop 🚀 was originally published in Snip on Medium, where people are continuing the conversation by highlighting and responding to this story.

Ativação do Token da Rede Bancor (BNT)

O evento de ativação do Bancor Network Token está planejado para quinta-feira, 22 de junho às 2pm GMT. Isso significa que o BNT se tornará transferível entre carteiras e também permitirá trocas para listá-lo. Estaremos atualizando esta publicação com as trocas que conhecemos ao listar o BNT à medida que elas se tornam on-line.

Além disso, e ao mesmo tempo, o BNT se tornará o primeiro Token Inteligente com o protocolo Bancor, permitindo que qualquer um o compre pelo seu token de reserva (ETH), além de liquidá-lo em seu token de reserva. O preço de partida será o mesmo usado durante o TGE: 1 BNT = 0,01 ETH (ou 100 BNT por ETH). Esse preço se moverá de acordo com os volumes de compra e venda, conforme descrito nas fórmulas em nosso white paper, enquanto mantém uma reserva de 10% ETH. Para a taxa de contrato inteligente mais recente do BNT, visite a página dedicada em nosso site.

Conforme detalhamos em nossa recente publicação aprendendo com TheDAO, nosso plano é ativar o piloto BNT cuidadosamente e gradualmente, mantendo a quantidade mínima exigida de ETH no contrato no início. Podemos precisar desativar temporariamente o protocolo Bancor (ou seja, a negociação direta de contrato inteligente) durante o período piloto, se as preocupações técnicas ou outras imprevistas o determinam. Vamos anunciar todos os desenvolvimentos em nossos canais. Isso faz parte da nossa estratégia para centralizar alguns aspectos do desenvolvimento de software até que o protocolo Bancor e a cadeia de blocos Ethereum estejam prontos para que os tokens inteligentes estejam imutáveis e prosperem por conta própria. Mantenha-se vigilante em tempos ruidosos contra golpistas que podem tentar levá-lo a acreditar que eles têm endereços alternativos onde você pode comprar o BNT. Confirme sempre informações através do site oficial do Bancor: https://www.bancor.network e verifique cuidadosamente as contas ou sites de cartas de cópia bem disfarçadas.

O BNT pode ser negociado diretamente usando seu contrato inteligente fora das trocas. Criamos explicações detalhadas sobre como isso pode ser feito usando mochilas populares e atualizaremos esta lista:

No futuro, você também poderá comprar e vender o BNT diretamente do serviço de aplicativos Bancor (https://app.bancor.network) ao lado de sua funcionalidade de gerenciamento e criação de token inteligente.

No caso de o BNT ser negociado através de trocas, além de seu contrato inteligente, espera-se que os arbitros equilibrem os preços entre esses diferentes provedores de liquidez. O contrato inteligente funcionará como uma troca adicional, mais estável em termos de preços. Para entender melhor como as compras do BNT afetarão seu preço, aqui estão alguns exemplos:

  • As compras líquidas adicionais do contrato de token inteligente BNT equivalente a 20% da oferta TGE (~ 80,000 ETH) elevarão o preço do BNT em 87% (para 0,0187 ETH) e aumentarão a oferta de BNT em 7%.
  • O dobro dessa quantidade de compras líquidas elevará o preço em 167% (para 0.0267 ETH) e aumentará a oferta em 12%.
  • Veja mais neste exemplo a planilha que você pode baixar e editar.

Nas próximas semanas, após a conclusão das auditorias adequadas do novo código, implementaremos o contrato de preço automatizado que anunciamos em nossa postagem no blog, A Comunidade da Moeda. Enquanto isso, a Bancor irá implantar manualmente um piso de preços conforme necessário.

Para a estrada à frente,

A Equipe Bancor


Ativação do Token da Rede Bancor (BNT) was originally published in Bancor (Português) on Medium, where people are continuing the conversation by highlighting and responding to this story.

Ativação do Token da Rede Bancor (BNT)

O evento de ativação do Bancor Network Token está planejado para quinta-feira, 22 de junho às 2pm GMT. Isso significa que o BNT se tornará transferível entre carteiras e também permitirá trocas para listá-lo. Estaremos atualizando esta publicação com as trocas que conhecemos ao listar o BNT à medida que elas se tornam on-line.

Além disso, e ao mesmo tempo, o BNT se tornará o primeiro Token Inteligente com o protocolo Bancor, permitindo que qualquer um o compre pelo seu token de reserva (ETH), além de liquidá-lo em seu token de reserva. O preço de partida será o mesmo usado durante o TGE: 1 BNT = 0,01 ETH (ou 100 BNT por ETH). Esse preço se moverá de acordo com os volumes de compra e venda, conforme descrito nas fórmulas em nosso white paper, enquanto mantém uma reserva de 10% ETH. Para a taxa de contrato inteligente mais recente do BNT, visite a página dedicada em nosso site.

Conforme detalhamos em nossa recente publicação aprendendo com TheDAO, nosso plano é ativar o piloto BNT cuidadosamente e gradualmente, mantendo a quantidade mínima exigida de ETH no contrato no início. Podemos precisar desativar temporariamente o protocolo Bancor (ou seja, a negociação direta de contrato inteligente) durante o período piloto, se as preocupações técnicas ou outras imprevistas o determinam. Vamos anunciar todos os desenvolvimentos em nossos canais. Isso faz parte da nossa estratégia para centralizar alguns aspectos do desenvolvimento de software até que o protocolo Bancor e a cadeia de blocos Ethereum estejam prontos para que os tokens inteligentes estejam imutáveis e prosperem por conta própria. Mantenha-se vigilante em tempos ruidosos contra golpistas que podem tentar levá-lo a acreditar que eles têm endereços alternativos onde você pode comprar o BNT. Confirme sempre informações através do site oficial do Bancor: https://www.bancor.network e verifique cuidadosamente as contas ou sites de cartas de cópia bem disfarçadas.

O BNT pode ser negociado diretamente usando seu contrato inteligente fora das trocas. Criamos explicações detalhadas sobre como isso pode ser feito usando mochilas populares e atualizaremos esta lista:

No futuro, você também poderá comprar e vender o BNT diretamente do serviço de aplicativos Bancor (https://app.bancor.network) ao lado de sua funcionalidade de gerenciamento e criação de token inteligente.

No caso de o BNT ser negociado através de trocas, além de seu contrato inteligente, espera-se que os arbitros equilibrem os preços entre esses diferentes provedores de liquidez. O contrato inteligente funcionará como uma troca adicional, mais estável em termos de preços. Para entender melhor como as compras do BNT afetarão seu preço, aqui estão alguns exemplos:

  • As compras líquidas adicionais do contrato de token inteligente BNT equivalente a 20% da oferta TGE (~ 80,000 ETH) elevarão o preço do BNT em 87% (para 0,0187 ETH) e aumentarão a oferta de BNT em 7%.
  • O dobro dessa quantidade de compras líquidas elevará o preço em 167% (para 0.0267 ETH) e aumentará a oferta em 12%.
  • Veja mais neste exemplo a planilha que você pode baixar e editar.

Nas próximas semanas, após a conclusão das auditorias adequadas do novo código, implementaremos o contrato de preço automatizado que anunciamos em nossa postagem no blog, A Comunidade da Moeda. Enquanto isso, a Bancor irá implantar manualmente um piso de preços conforme necessário.

Para a estrada à frente,

A Equipe Bancor


Ativação do Token da Rede Bancor (BNT) was originally published in Bancor (Português) on Medium, where people are continuing the conversation by highlighting and responding to this story.

Firstly, your deep and thoughtful look into this project and the landscape in general, is greatly…

Firstly, your deep and thoughtful look into this project and the landscape in general, is greatly respected. As is your acknowledgement of the team’s original innovation and positive intentions. Sincerely, thank you.

Second, some technical feedback on your assertions from Eyal in conversation with our community telegram group ( https://t.me/bancor):
“Read the article. Bancor smart contract doesn’t “sell high and buy them back low”. It buys and sells always at the same base price. It’s a “non-profit” mechanism by nature. The point made about arbitrageurs is not clear, since slippage exists everywhere. It’s simply more predictable when converting through the smart token. The point made about the large price changes is really a question of the reserve ratio setting. The liquidity level can be adjusted up or down for a smart token, in contrast to classic exchanges where it is determined by external factors…I really like the writer’s spirit.”

Third, I’d love you to reconsider your use of the “siren” concept when pondering why my participation specifically may have had an impact on your support. This paradigm has not done any favors for women, or for men, and certainly better, more harmonious collaboration between genders (and people) is a step we blockchainers can (and must) take en route to our utopia, economic and otherwise. If we can strive to make women (and everyone) feel welcome and appreciated for their contributions beyond the surface, its the kind of progress that would lead to more progress as more well-intentioned innovators, of all varieties, would surely follow. So here’s me, hoping against hope :)

Thanks again!

Papyrus Strategic Partnership with Bancor

After its first TGE round (Token Sale 1) Papyrus will introduce into the prototype of its ecosystem a Bancor Smart Token allowing a secure and fast conversion of PRP to BNT, ETH, and other ERC20 tokens in the Bancor decentralized liquidity network.

Papyrus— the world’s first fully comprehensive and highly scalable decentralized ecosystem for digital advertising—is proud to announce a partnership with Bancor, a well-known crypto project that has created a protocol for the instant conversion of Ethereum ERC20 tokens.

Shortly after the first round of Papyrus’s TGE this partnership will bring to participants of the Papyrus ecosystem a Bancor Token Changer—a decentralized and automated solution for easily converting PRP to BNT. BNT holds an ETH reserve, therefore two-way PRP—ETH conversions will also be immediately possible. Exchange of PRP to other ERC20 tokens integrated with the Bancor protocol will be supported as well. The ERC20 tokens might soon include such stable coins like USDTether that has recently announced that it is to develop an ERC20-compliant version of the cryptocurrency.

The PRP—BNT Token Changer is essentially a decentralized liquidity pool of PRP and BNT tokens, reserved in a Bancor protocol compliant Smart Token. A Smart Token is a new type of cryptocurrency, pioneered by Bancor, which utilizes reserve tokens and smart contracts to allow for the decentralized conversion of tokens through a two-step process entailing asynchronous real-time pricing of the Smart Token according to a formula based on a predetermined parameter, the CRR—a constant reserve ratio of the balance of each of the reserve tokens to the Smart Token’s market cap.

In other words, thanks to the PRP—BNT Token Changer, publishers and advertisers participating in the Papyrus ecosystem won’t have to deal with redundant costs and challenges with liquidity: they’ll be able to easily exchange PRP—received for their services—to BNT, ETH, or any other ERC20-compliant tokens in the Bancor decentralized liquidity network. Similarly, external players in the digital advertising market interested in utilizing the services of Papyrus participants or in placing a PoS-deposit to register in the ecosystem will be able to easily buy PRP directly from the Token Changer’s smart contract, avoiding cryptocurrency exchanges and counterparty risk.

Alexander Shvets, Product Director at Papyrus, commented on the partnership: “The PRP—BNT Token Changer will protect the participants of Papyrus from volatility and the inherent risks of centralized platforms and, therefore, will facilitate the formation of the market in our decentralized ecosystem. And since this Token Changer will immediately ensure continuous liquidity for our prototype PRP token, we’ll be able to concentrate on integrating new partners and accelerating the development of our ecosystem.”

Eyal Hertzog, Chief Product Architect at Bancor, who has recently joined the Papyrus advisory board as Strategy Advisor, gave the following statement on the collaboration of the two projects: “At Bancor, we want to enable a global decentralized liquidity network, where token conversions will be automated, transparent and secure. We are thrilled to have found kindred spirits at Papyrus—a unique project that aims to transform the digital advertising industry once and for all, utilizing blockchain technology to create an ecosystem that will endow the interactions of all participants—from publishers and advertisers to end users—with efficiency, transparency and security. We look forward to their progress and collaboration with likeminded initiatives.”

The technical details on the PRP—BNT Token Changer will be announced after the completion of the first round of the PRP token sale that begins on October 12 (14:00 UTC) and ends on November 2 (14:00 UTC): the starting price — $0.8, the hard cap — $5 million.

About Bancor

Bancor is a protocol for the creation of Smart Tokens, a new standard for cryptocurrencies which are intrinsically convertible directly through their smart contracts. Bancor utilizes an innovative reserve method to enable automatic price calculation and continuous liquidity for tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. For more information, visit the website and read the Bancor protocol whitepaper.

About Papyrus

Papyrus is the world’s first fully comprehensive and highly scalable decentralized ecosystem for digital advertising that radically improves the programmatic advertising stack to provide an efficient, transparent, and mutually beneficial environment for users, publishers, advertisers, and decentralized application (dApp) developers using blockchain architecture. To learn more about the project see its website and whitepaper.

The post Papyrus Strategic Partnership with Bancor appeared first on CoinSpeaker.

Melhor juntos: os novos parceiros de Bancor

Bancor Smart Tokens são blocos de construção para um ecossistema diversificado de criação de valor. Não poderíamos estar mais entusiasmados por trabalhar com grandes equipas trazendo excelente produtos e redes para Blockchain.

Smart Contract Japan

Contrato inteligente Japão está contribuindo para o desenvolvimento da comunidade “Global” Ethereum Blockchain, ajudando as pessoas a descobrir aplicativos descentralizados (dApps) e o valor de implementar a tecnologia distribuída na sociedade. Estamos entusiasmados em colaborar com a tecnologia Smart Token para este importante esforço.

Enterprise Ethereum Alliance

A Enterprise Ethereum Alliance interliga empresas da Fortune 500, iniciantes, acadêmicos e fornecedores de tecnologia com especialistas na area Ethereum. Juntos, aprenderemos e construiremos o único contrato inteligente que suporte a blockchain atualmente em execução na produção do mundo real — Ethereum — para definir software de nível empresarial capaz de lidar com as aplicações mais complexas e altamente exigentes na velocidade dos negócios. Temos a honra de fazer parte deste grupo de empresas verdadeiramente especiais e apoiar a migração dos sistemas existentes para a blockchain.

Gnosis

A Gnosis é uma rede de blockchain de próxima geração que permite que a comunidade especule sobre qualquer coisa com um mercado de previsão fácil de usar. Estamos entusiasmados em criar um poderoso Token Changer para permitir que os titulares convertam facilmente o BNT para o GNO através de um Token Inteligente com taxas baixas e nenhum risco de contraparte.

Status

Status é uma plataforma de mensagens de código aberto e navegador móvel para interagir com aplicativos descentralizados que são executados na Rede Ethereum. Estamos tão entusiasmados em permitir que os usuários do Status criem Smart Tokens diretamente do seu navegador Status e forneçam às comunidades Smart Token acesso a um mundo diversificado de Dapps no universo Status.

Civic

Através da sua arquitetura descentralizada com blockchain e biometria no dispositivo móvel, a plataforma Civic fornece autenticação multi-fator sem um nome de usuário, senha, autenticador de terceiros ou token de hardware físico. Estamos entusiasmados em trazer o gerenciamento de identidade para comunidades token inteligentes que podem se beneficiar com isso.

Aragon

Aragon nasceu para a criação e manutenção de empresas e outras estruturas organizacionais. A governança é um componente tão crucial da organização comunitária, e estamos entusiasmados em poder trazer as melhores práticas para as comunidades Smart Token.

IMToken

O IMToken é uma carteira digital inteligente, com o objetivo de fornecer uma interface fácil, simples e poderosa para usuários de todas as origens técnicas. Estamos orgulhosos de oferecer aos usuários do Smart Token uma ótima solução para armazenar e transferir os seus tokens gerados pelo usuário.

Antshares

O primeiro projeto de blockchain pública original e de código aberto da China serve como uma plataforma de ativos inteligentes. Os ativos inteligentes são a combinação de contratos inteligentes de blockchain e ativos digitais. A Antshares cria novos caminhos para que os ativos sejam registrados, emitidos e divulgados. Estamos ansiosos para oferecer os emissores Smart Token novas e inovadoras opções de reserva tokenizadas.

Starbase

Ao usar a Starbase, as pessoas que não estão familiarizadas com a tecnologia Blockchain podem facilmente emitir tokens de blockchain. Desta forma, os projetos podem ser financiados através da emissão e venda de seus próprios tokens. A Starbase quer ser uma plataforma onde muitos projetos podem ser lançados usando o poder da tecnologia Blockchain. Estamos entusiasmados em trazer tokens inteligentes para projetos ainda mais, ajudando-os a lançar tokens imediatamente líquidos e viáveis.

Estamos ansiosos para adicionar ainda mais parceiros a esta lista que compartilham a nossa visão para um sistema de valores mais líquido e gerado pelo usuário em blockchain.


Melhor juntos: os novos parceiros de Bancor was originally published in Bancor Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

BNT: Narodziny Pierwszego Inteligentnego Tokena

Wreszcie się to stało… i to działa.

W czwartek, 22 czerwca, o godzinie 14:00, uruchomiono pierwszy na świecie Inteligentny Token, BNT.

Po raz pierwszy w historii, zawsze-płynny token został wprowadzony do działania w praktyce. BNT może być zawsze kupiony po prostu przez wysyłanie ETH na adres — który natychmiast emituje tokeny BNT z powrotem do nadawcy, zależnie od swojej aktualnej ceny, liczonej zgodnie z formułami zawartymi w dokumencie whitepaper protokołu Bancor. Upłynnienie BNT do ETH jest również zawsze możliwe, za pośrednictwem popularnych klientów Ethereum. Jest to proces wieloetapowy, ale działa.

Szybkie przypomnienie mechaniki inteligentnych tokenów protokołu Bancor: cena (i podaż) inteligentnego tokena wzrasta, zawsze gdy token jest kupowany i maleje, gdy jest sprzedawany, w obu przypadkach w odniesieniu do wielkości transakcji (co oznacza większe wzrosty lub spadki dla dużych transakcji w obu kierunkach), aby utrzymać dokładny współczynnik rezerwy w wysokości 10% (lub stosowne CRR skonfigurowane przez użytkownika). Dostępna rezerwa BNT wynosi zawsze 10% jego kapitalizacji rynkowej, a w przypadku BNT, trzymana jest w ETH. ETH warte dziesiątki milionów dolarów zostały już zdeponowane i usunięte z rezerwy BNT, bezpośrednio poprzez kontrakt inteligentnego tokena, pozwalając ludziom na zwiększenie lub zmniejszenie posiadanych przez nich tokenów BNT, bez konieczności polegania na kupujących i sprzedających na jakiejkolwiek giełdzie. Jest to historyczne wydarzenie, a jego skutki odbiją się szerokim echem w przyszłości.

https://bancor.network/BNT

Ten nowy model wyceny opiera się wyłącznie na akcjach (kupna/sprzedaży) i nie wymaga spekulacji w procesie wyszukiwania cen (oferty/zapytania). Nie ma spreadu (co oznacza, że cena zakupu jednostkowego jest identyczna), a spadki są znane i przewidywalne dla dowolnego rozmiaru transakcji. Dopóki nie uruchomimy pełnej wersji alfa, co sprawi, że wszystkie działania inteligentnych tokenów banalnie proste, posiadanie, zakup i likwidacja BNT (z limitami cen) mogą być wykonane dzięki popularnym klientom Ethereum, takim jak MyEtherWallet i Parity. BNT jest również obsługiwany przez imToken, który ma niesamowity interfejs użytkownika i może być używany z naszym prostym adresem zakupu BNT. BNT jest notowany i handlowane na giełdzie Bittrex i Liqui oraz zostało dodane do natychmiastowych wymian w Changelly. Będzie też notowany na innych giełdach w tym tygodniu.

Patrząc na różne rynki, jest oczywiste, że inteligentny token rzeczywiście zapewnia kotwicę cenową na wszystkich giełdach (poprzez arbitraż) i zmniejsza własną niestabilność (poprzez rezerwę). Poniżej porównujemy ceny po TGE (wydarzenie generacji tokenów) na wykresach popularnych sprzedaży tokenów:

W większości widzimy początkowy wzrost cen, który wydaje się generowany przez tych, którzy przegapili TGE lub słyszeli plotki o odniesionym sukcesie i kupują z ograniczonej ilości na giełdach. Następnie, wyraźny spadek, gdy wiele osób chce wypłacić swoje szybkie (często z kilku godzin) zyski i przejść do następnego TGE, żeby to powtórzyć, podczas gdy wartość produktu nie została jeszcze wytworzona, aby zrównoważyć te sprzedaże. W BNT widzimy ten sam wczesny wzrost, ale od użytkowników wysyłających ETH bezpośrednio na kontrakt. Widzieliśmy też sprzedaże, które powodują presję na spadek cen, prawdopodobnie od krótkoterminowych udziałowców, którzy spieniężają swoje bezpośrednie zyski. Jednak zarówno wzrost, jak i upadek są łagodniejsze od wszystkiego, co kiedykolwiek widzieliśmy.

Dla nas dane te są niezwykłe, ponieważ wykazują jeden z głównych celów protokołu Bancor, który ma zapewnić względną stabilność, co naszym zdaniem jest ostatecznie zdrowsze dla rzeczywistego wykorzystania, przez prawdziwych ludzi w prawdziwych społecznościach. Skoki i spadki generowane przez nagłośniony start są dobre tylko dla spekulantów, którzy płyną z fali na falę, często w oparciu o informacje poufne, duże przedsprzedażowe rabaty ilościowe i mają zdolność do tworzenia rynku. Wiele z tych profili osób wnoszących wkład znajduje się również w społeczności Bancor, a ich prerogatywą jest sprzedawanie BNT, ponieważ zdają sobie sprawę, że token naprawdę działa dokładnie tak, jak to obiecano: stale i algorytmicznie rosnąc i spadając wraz z kupnem i sprzedażą, nieograniczony przez sztuczne limity podaży, a ostatecznie uzależniony od rzeczywistego wykorzystania w celu stworzenia prawdziwej wartości. Myślimy że długoterminowo rzeczywista sprzedaż i kupno z centralnej (ale zdecentralizowanej), zautomatyzowanej puli płynności (“rezerwy”) z regulowaną podażą jest lepszą miarą ceny tokenu niż sama w sobie oferta kupna/sprzedaży, ze stałym zapasem tokenów. Innymi słowy, rezerwy inteligentnego tokena funkcjonują jako wspólna pula płynności, porównywalna do głębokości rynku w księdze zamówień na giełdzie.

Ściśle monitorujemy BNT w celu upewnienia się, że wszystko działa zgodnie z oczekiwaniami. Choć rozumiemy, że publika jest zaniepokojona, gdy cena spada (a model jest nowy i wymaga pewnego zrozumienia), bardziej koncentrujemy się na mechanice i kodzie, gwarantując że fundament trzyma się mocno aby móc rozwijać projekt Bancor przez dziesięciolecia. Jeśli spekulanci i szukający natychmiastowych zysków rozwiną swoje pozycje, stosując presję na obniżenie ceny, dadzą miejsca tym, którzy nadal chcą wejść z poziomu wczesnego uczestnika i wspierać projekt od podstaw. Jesteśmy zobowiązani do naszej pilotażowej ceny minimalnej, gwarantującej wczesnym udziałowcom BNT, że będą mogli sprzedać za nie mniej niż kupili (do ~ 120 tys. ETH), i już wdrożyliśmy ten automatyczny, inteligentny kontrakt i obecnie testujemy go, w razie gdyby był potrzebny. Jest to również rewolucyjne w rodzącej się przestrzeni tokenów i mamy nadzieję, że może być pocieszające w tej wczesnej fazie, gdy projekt dopiero powstaje. Naszą nadzieją jest, że ten mechanizm zapobiegnie panice w klasycznym sensie “jeśli nie sprzedam teraz to stracę wszystko” i da rzeczywistym podstawą szansę na rozwój.

Nasze starania w nadchodzących dniach i tygodniach dotyczą podzielenia się ze społecznością informacjami o nowych doradcach w projekcie, nowych partnerstwach, które będą demonstrować zasięg i funkcjonalność inteligentnych tokenów oraz nowych inicjatywach społeczności, która zacznie realizować propagowanie inteligentnych tokenów w ekscytujących ekosystemach i markach. Te postępy były prowadzone przez wiele miesięcy, a nowe są ciągle w toku. Po stronie technicznej pracujemy nad bardziej uproszczonym kontraktem sprzedaży BNT, sprawdzając nasz automatyczny kontrakt ceny minimalnej, poprawiając naszą stronę statystyk BNT oraz oczywiście kontynuujemy budowę aplikacji front-end zgodnie z naszym obszernym (i możliwym do komentowania!) harmonogramem. Przygotowujemy również Bancor jako organizację do przyjęcia szyku następującego po TGE, włączając najlepsze w swojej klasie wewnętrzne oraz zewnętrzne umysły, aby zajęły się regionalnymi i funkcjonalnymi pionami, więc jest to ekscytujący i pracowity czas. Mamy nadzieję, że pozostaniesz z nami, aby obejrzeć jak to wszystko się rozwija, kiedy przyglądamy się prawdziwej nagrodzie: zrównoważonej platformie dla tokenów tworzonych przez użytkowników, która działa.

Za stabilność i prawdziwy wzrost,

Zespół Bancor


BNT: Narodziny Pierwszego Inteligentnego Tokena was originally published in Protokół Bancor on Medium, where people are continuing the conversation by highlighting and responding to this story.

BNT: Narodziny Pierwszego Inteligentnego Tokena

Wreszcie się to stało… i to działa.

W czwartek, 22 czerwca, o godzinie 14:00, uruchomiono pierwszy na świecie Inteligentny Token, BNT.

Po raz pierwszy w historii, zawsze-płynny token został wprowadzony do działania w praktyce. BNT może być zawsze kupiony po prostu przez wysyłanie ETH na adres — który natychmiast emituje tokeny BNT z powrotem do nadawcy, zależnie od swojej aktualnej ceny, liczonej zgodnie z formułami zawartymi w dokumencie whitepaper protokołu Bancor. Upłynnienie BNT do ETH jest również zawsze możliwe, za pośrednictwem popularnych klientów Ethereum. Jest to proces wieloetapowy, ale działa.

Szybkie przypomnienie mechaniki inteligentnych tokenów protokołu Bancor: cena (i podaż) inteligentnego tokena wzrasta, zawsze gdy token jest kupowany i maleje, gdy jest sprzedawany, w obu przypadkach w odniesieniu do wielkości transakcji (co oznacza większe wzrosty lub spadki dla dużych transakcji w obu kierunkach), aby utrzymać dokładny współczynnik rezerwy w wysokości 10% (lub stosowne CRR skonfigurowane przez użytkownika). Dostępna rezerwa BNT wynosi zawsze 10% jego kapitalizacji rynkowej, a w przypadku BNT, trzymana jest w ETH. ETH warte dziesiątki milionów dolarów zostały już zdeponowane i usunięte z rezerwy BNT, bezpośrednio poprzez kontrakt inteligentnego tokena, pozwalając ludziom na zwiększenie lub zmniejszenie posiadanych przez nich tokenów BNT, bez konieczności polegania na kupujących i sprzedających na jakiejkolwiek giełdzie. Jest to historyczne wydarzenie, a jego skutki odbiją się szerokim echem w przyszłości.

https://bancor.network/BNT

Ten nowy model wyceny opiera się wyłącznie na akcjach (kupna/sprzedaży) i nie wymaga spekulacji w procesie wyszukiwania cen (oferty/zapytania). Nie ma spreadu (co oznacza, że cena zakupu jednostkowego jest identyczna), a spadki są znane i przewidywalne dla dowolnego rozmiaru transakcji. Dopóki nie uruchomimy pełnej wersji alfa, co sprawi, że wszystkie działania inteligentnych tokenów banalnie proste, posiadanie, zakup i likwidacja BNT (z limitami cen) mogą być wykonane dzięki popularnym klientom Ethereum, takim jak MyEtherWallet i Parity. BNT jest również obsługiwany przez imToken, który ma niesamowity interfejs użytkownika i może być używany z naszym prostym adresem zakupu BNT. BNT jest notowany i handlowane na giełdzie Bittrex i Liqui oraz zostało dodane do natychmiastowych wymian w Changelly. Będzie też notowany na innych giełdach w tym tygodniu.

Patrząc na różne rynki, jest oczywiste, że inteligentny token rzeczywiście zapewnia kotwicę cenową na wszystkich giełdach (poprzez arbitraż) i zmniejsza własną niestabilność (poprzez rezerwę). Poniżej porównujemy ceny po TGE (wydarzenie generacji tokenów) na wykresach popularnych sprzedaży tokenów:

W większości widzimy początkowy wzrost cen, który wydaje się generowany przez tych, którzy przegapili TGE lub słyszeli plotki o odniesionym sukcesie i kupują z ograniczonej ilości na giełdach. Następnie, wyraźny spadek, gdy wiele osób chce wypłacić swoje szybkie (często z kilku godzin) zyski i przejść do następnego TGE, żeby to powtórzyć, podczas gdy wartość produktu nie została jeszcze wytworzona, aby zrównoważyć te sprzedaże. W BNT widzimy ten sam wczesny wzrost, ale od użytkowników wysyłających ETH bezpośrednio na kontrakt. Widzieliśmy też sprzedaże, które powodują presję na spadek cen, prawdopodobnie od krótkoterminowych udziałowców, którzy spieniężają swoje bezpośrednie zyski. Jednak zarówno wzrost, jak i upadek są łagodniejsze od wszystkiego, co kiedykolwiek widzieliśmy.

Dla nas dane te są niezwykłe, ponieważ wykazują jeden z głównych celów protokołu Bancor, który ma zapewnić względną stabilność, co naszym zdaniem jest ostatecznie zdrowsze dla rzeczywistego wykorzystania, przez prawdziwych ludzi w prawdziwych społecznościach. Skoki i spadki generowane przez nagłośniony start są dobre tylko dla spekulantów, którzy płyną z fali na falę, często w oparciu o informacje poufne, duże przedsprzedażowe rabaty ilościowe i mają zdolność do tworzenia rynku. Wiele z tych profili osób wnoszących wkład znajduje się również w społeczności Bancor, a ich prerogatywą jest sprzedawanie BNT, ponieważ zdają sobie sprawę, że token naprawdę działa dokładnie tak, jak to obiecano: stale i algorytmicznie rosnąc i spadając wraz z kupnem i sprzedażą, nieograniczony przez sztuczne limity podaży, a ostatecznie uzależniony od rzeczywistego wykorzystania w celu stworzenia prawdziwej wartości. Myślimy że długoterminowo rzeczywista sprzedaż i kupno z centralnej (ale zdecentralizowanej), zautomatyzowanej puli płynności (“rezerwy”) z regulowaną podażą jest lepszą miarą ceny tokenu niż sama w sobie oferta kupna/sprzedaży, ze stałym zapasem tokenów. Innymi słowy, rezerwy inteligentnego tokena funkcjonują jako wspólna pula płynności, porównywalna do głębokości rynku w księdze zamówień na giełdzie.

Ściśle monitorujemy BNT w celu upewnienia się, że wszystko działa zgodnie z oczekiwaniami. Choć rozumiemy, że publika jest zaniepokojona, gdy cena spada (a model jest nowy i wymaga pewnego zrozumienia), bardziej koncentrujemy się na mechanice i kodzie, gwarantując że fundament trzyma się mocno aby móc rozwijać projekt Bancor przez dziesięciolecia. Jeśli spekulanci i szukający natychmiastowych zysków rozwiną swoje pozycje, stosując presję na obniżenie ceny, dadzą miejsca tym, którzy nadal chcą wejść z poziomu wczesnego uczestnika i wspierać projekt od podstaw. Jesteśmy zobowiązani do naszej pilotażowej ceny minimalnej, gwarantującej wczesnym udziałowcom BNT, że będą mogli sprzedać za nie mniej niż kupili (do ~ 120 tys. ETH), i już wdrożyliśmy ten automatyczny, inteligentny kontrakt i obecnie testujemy go, w razie gdyby był potrzebny. Jest to również rewolucyjne w rodzącej się przestrzeni tokenów i mamy nadzieję, że może być pocieszające w tej wczesnej fazie, gdy projekt dopiero powstaje. Naszą nadzieją jest, że ten mechanizm zapobiegnie panice w klasycznym sensie “jeśli nie sprzedam teraz to stracę wszystko” i da rzeczywistym podstawą szansę na rozwój.

Nasze starania w nadchodzących dniach i tygodniach dotyczą podzielenia się ze społecznością informacjami o nowych doradcach w projekcie, nowych partnerstwach, które będą demonstrować zasięg i funkcjonalność inteligentnych tokenów oraz nowych inicjatywach społeczności, która zacznie realizować propagowanie inteligentnych tokenów w ekscytujących ekosystemach i markach. Te postępy były prowadzone przez wiele miesięcy, a nowe są ciągle w toku. Po stronie technicznej pracujemy nad bardziej uproszczonym kontraktem sprzedaży BNT, sprawdzając nasz automatyczny kontrakt ceny minimalnej, poprawiając naszą stronę statystyk BNT oraz oczywiście kontynuujemy budowę aplikacji front-end zgodnie z naszym obszernym (i możliwym do komentowania!) harmonogramem. Przygotowujemy również Bancor jako organizację do przyjęcia szyku następującego po TGE, włączając najlepsze w swojej klasie wewnętrzne oraz zewnętrzne umysły, aby zajęły się regionalnymi i funkcjonalnymi pionami, więc jest to ekscytujący i pracowity czas. Mamy nadzieję, że pozostaniesz z nami, aby obejrzeć jak to wszystko się rozwija, kiedy przyglądamy się prawdziwej nagrodzie: zrównoważonej platformie dla tokenów tworzonych przez użytkowników, która działa.

Za stabilność i prawdziwy wzrost,

Zespół Bancor


BNT: Narodziny Pierwszego Inteligentnego Tokena was originally published in Protokół Bancor on Medium, where people are continuing the conversation by highlighting and responding to this story.

Millions Of Reasons Why Tim Draper Want $Crypto To Succeed

Millions Of Reasons Why Tim Draper Want $Crypto To Succeed

Tim Draper, the man, the myth, the crypto god.

Tim Draper is a billionaire venture capitalist, everyone took notice of his involvement in blockchain when he purchased 32,000 bitcoins from an auction by the U.S. Marshals during the bear market. His name has been associated with numerous blockchain startups, and it is looking like his involvement is more than just investing. Tim Draper would like to be part of this movement, and he is on a mission to get everyone on board!

  1. The wallet address that contains almost 30,000 bitcoins, which is worth around $115,000,000 USD (at the time of this writing) belongs to Tim Draper.

Bitcoin Address 1Ez69SnzzmePmZX3WpEzMKTrcBF2gpNQ55

2. He purchased 10% token supply of Credo, an anti-spam email blockchain startup. Its ICO collected over $11,000,000.

3. He is backing Tezos, a smart contract platform. Its ICO collected over $200,000,000.

4. He is backing and advising Bancor, a protocol for creating smart tokens. Its ICO collected over $150,000,000.

Founder of Bancor, Eyal Hertzog.

5. He invested in Factom, decentralized record-keeping system. It’s market cap is now worth over $200,000,000.

6. His son’s company Boost.VC has been involved in several major blockchain startups such as coinbase, etherscan, aragon to name a few:

To this day, Tim Draper and family continues to be involved in the blockchain space as investor, advisor, and as a fellow crypto member of the community.

Millions Of Reasons Why Tim Draper Want $Crypto To Succeed

Millions Of Reasons Why Tim Draper Want $Crypto To Succeed

Tim Draper, the man, the myth, the crypto god.

Tim Draper is a billionaire venture capitalist, everyone took notice of his involvement in blockchain when he purchased 32,000 bitcoins from an auction by the U.S. Marshals during the bear market. His name has been associated with numerous blockchain startups, and it is looking like his involvement is more than just investing. Tim Draper would like to be part of this movement, and he is on a mission to get everyone on board!

  1. The wallet address that contains almost 30,000 bitcoins, which is worth around $115,000,000 USD (at the time of this writing) belongs to Tim Draper.

Bitcoin Address 1Ez69SnzzmePmZX3WpEzMKTrcBF2gpNQ55

2. He purchased 10% token supply of Credo, an anti-spam email blockchain startup. Its ICO collected over $11,000,000.

3. He is backing Tezos, a smart contract platform. Its ICO collected over $200,000,000.

4. He is backing and advising Bancor, a protocol for creating smart tokens. Its ICO collected over $150,000,000.

Founder of Bancor, Eyal Hertzog.

5. He invested in Factom, decentralized record-keeping system. It’s market cap is now worth over $200,000,000.

6. His son’s company Boost.VC has been involved in several major blockchain startups such as coinbase, etherscan, aragon to name a few:

To this day, Tim Draper and family continues to be involved in the blockchain space as investor, advisor, and as a fellow crypto member of the community.

Bancor Progress Update

End of Summer 2017

Hello Bancor community,

It’s been an eventful Summer since our TGE and the activation of the world’s first Smart Token (BNT) which has been healthily trading, directly through its contract, since.

We’ve missed being in close touch with you as we’ve hunkered down to get the house in order, put plans in place for our future growth and make sure we are covering the bases in terms of structure, communications and compliance for the longevity of this long term project which aims to create a new and smart standard for the industry moving forward.

Below is a partial list of the activities we’ve been pushing forward on. This fall, we will return to regularly scheduled updates so you can keep up with latest developments and of course always ask questions, submit feedback and explore ways to engage deeper with the project. We welcome your thoughts across all of our channels, and are especially active in our Telegram group which is moderated by community members for positive and productive discussion. We’d love to see you there.

Bancor Liquidity Network First Steps

  • A trading volume of 302,702 Ether took place on-chain through the BNT smart contract since it was activated on June 22nd, 2017.

Bancor Web Service (app.bancor.network)

Our production Bancor community creation service has been used to operate our crowd-source bounty program, one of the largest and most productive ever executed in the space. We believe it’s critical to operate the Bancor service for actual token-based applications on the Ethereum mainnet with real world use-cases in order to improve it. Our bounty programs enable us to continue to achieve this goal while also engaging positively with the community, reaching new members and creating network effects that will ripple outwards for the good of the project.

  • We’ve built and launched the ability to convert bounty tokens (i.e. Smart Tokens) into BNT and withdraw them to an external wallet.
  • New bounty programs have been initiated. Check them out here.

Frontend Development

  • While it’s very simple to purchase BNT tokens by sending ETH to the contract address (which then automatically returns BNT to the sender), the fully-featured process of purchasing and liquidating Smart Tokens (with optional price limit) is still cumbersome to use.
  • We are working on integrating web3 to our web UI, which will enable users to use Metamask, Parity and imToken as external wallets, and to trigger token conversion transactions from an easy to use web service — to be executed through these wallets.
  • This will greatly simplify using Smart Tokens, and is the first in a line of applications designed to bring blockchain-based products and services to a much wider audience.
  • Price and charts will be displayed for token, adding easy to digest stats to the ecosystem, further simplifying usage.

Business Development

We have a heavy focus on collaboration as part of our desire to integrate various initiatives and build a truly healthy ecosystem. Below are technologies we are exploring:

Smart tokens deployment

There are many Smart Tokens in various stages of smart contract implementation. They are all independent ventures that have chosen to use Bancor protocol technology. Some of the use cases include:

  • Asset Tokenizers (Similar to Digix, for other types of assets)
  • Decentralized Messaging Platforms
  • Blockchain-related hardware and devices
  • Token-based Venture Funds (Similar to ICONOMI, TaaS)

Bancor Progress Update was originally published in The Bancor Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

Bancor Progress Update

End of Summer 2017

Hello Bancor community,

It’s been an eventful Summer since our TGE and the activation of the world’s first Smart Token (BNT) which has been healthily trading, directly through its contract, since.

We’ve missed being in close touch with you as we’ve hunkered down to get the house in order, put plans in place for our future growth and make sure we are covering the bases in terms of structure, communications and compliance for the longevity of this long term project which aims to create a new and smart standard for the industry moving forward.

Below is a partial list of the activities we’ve been pushing forward on. This fall, we will return to regularly scheduled updates so you can keep up with latest developments and of course always ask questions, submit feedback and explore ways to engage deeper with the project. We welcome your thoughts across all of our channels, and are especially active in our Telegram group which is moderated by community members for positive and productive discussion. We’d love to see you there.

Bancor Liquidity Network First Steps

  • A trading volume of 302,702 Ether took place on-chain through the BNT smart contract since it was activated on June 22nd, 2017.

Bancor Web Service (app.bancor.network)

Our production Bancor community creation service has been used to operate our crowd-source bounty program, one of the largest and most productive ever executed in the space. We believe it’s critical to operate the Bancor service for actual token-based applications on the Ethereum mainnet with real world use-cases in order to improve it. Our bounty programs enable us to continue to achieve this goal while also engaging positively with the community, reaching new members and creating network effects that will ripple outwards for the good of the project.

  • We’ve built and launched the ability to convert bounty tokens (i.e. Smart Tokens) into BNT and withdraw them to an external wallet.
  • New bounty programs have been initiated. Check them out here.

Frontend Development

  • While it’s very simple to purchase BNT tokens by sending ETH to the contract address (which then automatically returns BNT to the sender), the fully-featured process of purchasing and liquidating Smart Tokens (with optional price limit) is still cumbersome to use.
  • We are working on integrating web3 to our web UI, which will enable users to use Metamask, Parity and imToken as external wallets, and to trigger token conversion transactions from an easy to use web service — to be executed through these wallets.
  • This will greatly simplify using Smart Tokens, and is the first in a line of applications designed to bring blockchain-based products and services to a much wider audience.
  • Price and charts will be displayed for token, adding easy to digest stats to the ecosystem, further simplifying usage.

Business Development

We have a heavy focus on collaboration as part of our desire to integrate various initiatives and build a truly healthy ecosystem. Below are technologies we are exploring:

Smart tokens deployment

There are many Smart Tokens in various stages of smart contract implementation. They are all independent ventures that have chosen to use Bancor protocol technology. Some of the use cases include:

  • Asset Tokenizers (Similar to Digix, for other types of assets)
  • Decentralized Messaging Platforms
  • Blockchain-related hardware and devices
  • Token-based Venture Funds (Similar to ICONOMI, TaaS)

Bancor Progress Update was originally published in The Bancor Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

Bancor Progress Update

End of Summer 2017

Hello Bancor community,

It’s been an eventful Summer since our TGE and the activation of the world’s first Smart Token (BNT) which has been healthily trading, directly through its contract, since.

We’ve missed being in close touch with you as we’ve hunkered down to get the house in order, put plans in place for our future growth and make sure we are covering the bases in terms of structure, communications and compliance for the longevity of this long term project which aims to create a new and smart standard for the industry moving forward.

Below is a partial list of the activities we’ve been pushing forward on. This fall, we will return to regularly scheduled updates so you can keep up with latest developments and of course always ask questions, submit feedback and explore ways to engage deeper with the project. We welcome your thoughts across all of our channels, and are especially active in our Telegram group which is moderated by community members for positive and productive discussion. We’d love to see you there.

Bancor Liquidity Network First Steps

  • A trading volume of 302,702 Ether took place on-chain through the BNT smart contract since it was activated on June 22nd, 2017.

Bancor Web Service (app.bancor.network)

Our production Bancor community creation service has been used to operate our crowd-source bounty program, one of the largest and most productive ever executed in the space. We believe it’s critical to operate the Bancor service for actual token-based applications on the Ethereum mainnet with real world use-cases in order to improve it. Our bounty programs enable us to continue to achieve this goal while also engaging positively with the community, reaching new members and creating network effects that will ripple outwards for the good of the project.

  • We’ve built and launched the ability to convert bounty tokens (i.e. Smart Tokens) into BNT and withdraw them to an external wallet.
  • New bounty programs have been initiated. Check them out here.

Frontend Development

  • While it’s very simple to purchase BNT tokens by sending ETH to the contract address (which then automatically returns BNT to the sender), the fully-featured process of purchasing and liquidating Smart Tokens (with optional price limit) is still cumbersome to use.
  • We are working on integrating web3 to our web UI, which will enable users to use Metamask, Parity and imToken as external wallets, and to trigger token conversion transactions from an easy to use web service — to be executed through these wallets.
  • This will greatly simplify using Smart Tokens, and is the first in a line of applications designed to bring blockchain-based products and services to a much wider audience.
  • Price and charts will be displayed for token, adding easy to digest stats to the ecosystem, further simplifying usage.

Business Development

We have a heavy focus on collaboration as part of our desire to integrate various initiatives and build a truly healthy ecosystem. Below are technologies we are exploring:

Smart tokens deployment

There are many Smart Tokens in various stages of smart contract implementation. They are all independent ventures that have chosen to use Bancor protocol technology. Some of the use cases include:

  • Asset Tokenizers (Similar to Digix, for other types of assets)
  • Decentralized Messaging Platforms
  • Blockchain-related hardware and devices
  • Token-based Venture Funds (Similar to ICONOMI, TaaS)

Bancor Progress Update was originally published in The Bancor Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

Meglio insieme: I nuovi Partner di Bancor

Gli Smart Token di Bancor sono elementi fondamentali per la costruzione di un diverso ecosistema di creazione di valore. Non potremmo essere più entusiasti di lavorare con fantastici team che portano fantastici prodotti e reti alla blockchain.

Smart Contract Japan

Smart Contract Japan sta contribuendo allo sviluppo della comunità “Globale” della Ethereum Blockchain aiutando le persone a scoprire applicazioni decentralizzate (dApps) e il valore dell’attuazione della tecnologia distribuita nella società. Siamo entusiasti di avere loro come partner per portare la tecnologia degli Smart Token a questo impegno importante.

Enterprise Ethereum Alliance

L’Enterprise Ethereum Alliance collega le 500 aziende listate da Fortune, startup, accademici e fornitori di tecnologia con esperti sull’argomento Ethereum. Insieme, impareremo da e costruiremo sopra Ethereum -
l’unica blockchain che sia in grado di supportare Smart Contract attualmente in funzione in un reale ambiente di produzione — Ethereum — per definire software aziendali in grado di gestire le applicazioni più complesse e molto impegnative alla velocità del business. Siamo onorati di fare parte di questo gruppo di aziende veramente stellari e sostenere la migrazione dai sistemi esistenti sulla blockchain.

Gnosis

Gnosis è una rete basata su blockchain di nuova generazione che consente alla comunità di speculare su qualsiasi cosa con un mercato di previsione facile da usare. Siamo entusiasti di creare un potente convertitore di Token per consentire ai possessori di convertire facilmente BNT in GNO attraverso un Smart Token con tariffe basse e nessun rischio di controparti.

Status

Status è una piattaforma di messaggistica open source basata su mobile per interagire con applicazioni decentralizzate che vengono eseguite sulla rete Ethereum. Siamo così eccitati di consentire agli utenti di Status di creare Smart Token direttamente dal loro browser Status, e di fornire l’accesso a Smart Token di comunità ad un mondo diverso di Dapp nell’Universo Status.

Civic

Attraverso la loro architettura decentralizzata con blockchain e biometria sul dispositivo mobile, la piattaforma Civic fornisce l’autenticazione a più-fattori (multi-factor) senza un nome utente, una password, un autenticatore di terze parti o un token hardware fisico. Siamo entusiasti di portare la gestione delle identità a smart token di comunità che possono trarre vantaggio da esso.

Aragon

Aragon è nato per disintermediare la creazione e la manutenzione di aziende e di altre strutture organizzative. La governance è una componente cruciale dell’organizzazione della comunità e siamo entusiasti di poter portare le migliori pratiche agli Smart Token di comunità.

IMToken

IMToken è un portafoglio digitale intelligente destinato a fornire un’interfaccia semplice, e potente per gli utenti di tutti gli ambiti tecnici. Siamo orgogliosi di offrire agli Smart Token un’altra grande soluzione per memorizzare e trasferire i loro token generati dall’utente.

Antshares

Il primo progetto della catena pubblica originaria e open source in Cina funge da piattaforma per smart asset (asset intelligenti). Gli asset intelligenti sono la combinazione di smart contract e asset digitali. Antshares crea nuovi modi per essere registrati, emessi e circolati. Non vediamo l’ora di offrire agli emettitori di Smart Token nuove ed innovative opzioni di riserva tokenizzate.

Starbase

Utilizzando Starbase, le persone che non conoscono la tecnologia Blockchain possono facilmente emettere token sulla blockchain. In questo modo, i progetti possono essere finanziati emettendo e vendendo i propri token. Starbase vuole essere una piattaforma in cui molti progetti possono essere lanciati utilizzando la potenza della tecnologia Blockchain. Siamo entusiasti di portare gli Smart Token a progetti sempre più numerosi, aiutandoli a lanciare subito token liquidi e vitali.

Non vediamo l’ora di aggiungere sempre più partner a questa lista che condividono la nostra visione per un sistema di valori più liquido e generato dagli utenti sulla blockchain.


Meglio insieme: I nuovi Partner di Bancor was originally published in il Protocollo Bancor on Medium, where people are continuing the conversation by highlighting and responding to this story.

KICKICO! BANCOR! Бонусы!

Прошедшие дни оказались богатыми на события для KICKICO. В первую очередь, мы интегрируем наши токены с Bancor, новым стандартом криптовалюты. Протокол Bancor имеет в своей основе механизмы определения цены и ликвидности для токенов со смарт-контрактами. Подобный смарт-токен можно в любое время поменять или ликвидировать в обмен на один из заложенных в протокол резервных токенов. Такое решение помогает миновать биржи и полностью устранить риски контрагентов.

Опция создания смарт-токенов необязательна и выбирается при заполнении формы.

Теперь KickCoin — это смарт-токен, то есть протокол Bancor теперь интегрирован в нашу систему. Благодаря этому решению токены сразу становятся смарт-токенами, ликвидными и ими можно торговать даже без размещения их на биржах. Особенно это актуально для мелких монет, которые просто не попадают на биржу.

Поэтому мы обновляем как сам смарт-контракт, так и сам токен. В связи с этими фундаментальными изменениями в токене, нам придется выпустить его повторно. Все, кто получил KickCoins ранее, автоматически в ближайшее время получат на те же кошельки новую версию токена, а старая останется на память, как сувенир. Все, что нужно будет сделать тем, кто получил KickCoins ранее — просто добавить адрес новой версии токена в MyEtherWallet.

Помимо этого, пользуясь случаем, мы также исправляем ряд ошибок в контракте токена и вносим изменения относительно пула основателей. Мы приняли решение изменить первоначальную сумму в 10 000 000 токенов, зарезервированную для основателей. Мы заменяем ее на 10% от собранных во время ICO средств. Такая мера позволяет добиться большей прозрачности и доверия со стороны вкладчиков, что, как известно, является ключевым в подобном бизнесе.

И, наконец, последняя и самая приятная новость. Множество компаний, как в ходе краудфандинговой кампании, так и во время продажи токенов предлагают вкладчикам бонусы за раннее участие. Мы решили поддержать подобную практику. Вплоть до половины собранной суммы инвесторы будут получать дополнительное количество токенов по следующей схеме: от 0 до 10% необходимых средств вкладчик получит еще 20% от приобретенного объема KickCoin, 10–20% сумма бонуса уменьшится до 10%. Далее объемы бонусных токенов будут уменьшаться на 2,5% от каждых 10% собранных в ходе ICO средств. Грубо говоря, чем раньше инвестор инвестирует в KICKICO, тем больше наших токенов он получит. Вводя такие выгодные условия, мы тем самым стимулируем приобретение KickCoin именно на ранней стадии. В конечном счете, доверие к проекту должно вознаграждаться. The early bird catches the worm!

KICKICO! BANCOR! Бонусы!

Прошедшие дни оказались богатыми на события для KICKICO. В первую очередь, мы интегрируем наши токены с Bancor, новым стандартом криптовалюты. Протокол Bancor имеет в своей основе механизмы определения цены и ликвидности для токенов со смарт-контрактами. Подобный смарт-токен можно в любое время поменять или ликвидировать в обмен на один из заложенных в протокол резервных токенов. Такое решение помогает миновать биржи и полностью устранить риски контрагентов.

Опция создания смарт-токенов необязательна и выбирается при заполнении формы.

Теперь KickCoin — это смарт-токен, то есть протокол Bancor теперь интегрирован в нашу систему. Благодаря этому решению токены сразу становятся смарт-токенами, ликвидными и ими можно торговать даже без размещения их на биржах. Особенно это актуально для мелких монет, которые просто не попадают на биржу.

Поэтому мы обновляем как сам смарт-контракт, так и сам токен. В связи с этими фундаментальными изменениями в токене, нам придется выпустить его повторно. Все, кто получил KickCoins ранее, автоматически в ближайшее время получат на те же кошельки новую версию токена, а старая останется на память, как сувенир. Все, что нужно будет сделать тем, кто получил KickCoins ранее — просто добавить адрес новой версии токена в MyEtherWallet.

Помимо этого, пользуясь случаем, мы также исправляем ряд ошибок в контракте токена и вносим изменения относительно пула основателей. Мы приняли решение изменить первоначальную сумму в 10 000 000 токенов, зарезервированную для основателей. Мы заменяем ее на 10% от собранных во время ICO средств. Такая мера позволяет добиться большей прозрачности и доверия со стороны вкладчиков, что, как известно, является ключевым в подобном бизнесе.

И, наконец, последняя и самая приятная новость. Множество компаний, как в ходе краудфандинговой кампании, так и во время продажи токенов предлагают вкладчикам бонусы за раннее участие. Мы решили поддержать подобную практику. Вплоть до половины собранной суммы инвесторы будут получать дополнительное количество токенов по следующей схеме: от 0 до 10% необходимых средств вкладчик получит еще 20% от приобретенного объема KickCoin, 10–20% сумма бонуса уменьшится до 10%. Далее объемы бонусных токенов будут уменьшаться на 2,5% от каждых 10% собранных в ходе ICO средств. Грубо говоря, чем раньше инвестор инвестирует в KICKICO, тем больше наших токенов он получит. Вводя такие выгодные условия, мы тем самым стимулируем приобретение KickCoin именно на ранней стадии. В конечном счете, доверие к проекту должно вознаграждаться. The early bird catches the worm!

Tim Draper de Draper Associates investe em Bancor

O capitalista de risco Tim Draper irá explorar a criação de um Token Smart VC sempre líquido na plataforma Bancor

O capitalista de venture Tim Draper, um aficionado de bitcoin de longa data, está dando o seu segundo passo importante no novo mundo das moedas digitais oferecido por uma empresa de tecnologia. Ele está contribuindo para o lançamento do Bancor Network Token e juntou se ao Bancor Advisory Board juntamente com visionários de tecnologia de fonte aberta e monetária, incluindo Bernard Lietaer e John Clippinger.

Draper, que tem sido sincero sobre os desafios da liquidez no capital de risco tradicional, está entusiasmado com o potencial do protocolo Bancor de democratizar para trazer liquidez contínua para uma nova geração de tokens gerados pelo usuário que emergem no ecossistema da blockchain.

“Estamos começando a explorar a possibilidade de emitir um VC Token para a nossa rede diversificada de investidores, empresários, empresas locais e globais. Gostaríamos que este fosse um Token Inteligente, para que se possa beneficiar de liquidez contínua a partir do dia 1. Esperamos uma longa colaboração com a equipe Bancor neste projeto e estamos entusiasmados com o que o BNT tem na loja. “Disse Sr. Draper, sócio-gerente da Draper Associates.

“É um sonho realizado para mim trabalhar com Tim Draper, pioneiro do Vale do Silicon, durante muito tempo. Crescendo em Palo Alto, o nome da família Draper foi sinônimo de raízes do capital de risco na área da baía e também dos frutos da inovação. Tim, sua família e empresa, continuam fortuitamente em frente, o que estamos fazendo em Bancor. Nós ficamos humildes por esta parceria para trazer liquidez a todos “. Disse Galia Benartzi, co-fundadora.