:: Bancor Ico Live :: 200k+ Ethereum raised in hours - less than 1 Hr left!

in #bancor7 years ago

The Bancor ICO has launched early today, kicking off at 10AM GNT and the Crypto investors have answered with an astonishing 200,000 Ethereum raised and counting

The Bancor crowdfund had an interesting method of allowing all investors the opportunity to participate, allowing a 1hr time-frame were all investments will be accepted regardless of the ICO cap involved. The other interesting concept was that this crowdfund has a Hidden Ethereum cap only to be revieled if 80% is reached,

which has just been revieled at 250k Eth

and if this hidden cap is reached within the 1hr time-frame, the crowdfund will end immediately.

Due to massive attacks happening on the Ethereum network, long delays are disrupting the crowdsale and participants are struggling to get there transactions through

The Minimum Time-Frame has been extended 3 hrs

  • Currently, there is a count-down with less than 1 hr remaining


The Bancor crowdfund is also a token creation contract, 1 Eth = 100 BNT and are available in your ethereum account at the time of transfer. I personally like this approach; no waiting for main-net launch. But other, unfamiliar users, may find this process to be a head-ache with the possibility of mistakes.

Make sure to read before you invest!

All information is provided in the Bancor Blog: https://blog.bancor.network/

If your interested in information regarding the crowdsale, you can find it all on the bancor website: https://bancor.network/

Or, if your just intested in how much Eth this project successfully raises, it is found on this EtherScan link:
https://etherscan.io/address/0x5894110995b8c8401bd38262ba0c8ee41d4e4658



Thank you for reading my posting on Steemit

Feel free to comment, resteem, or follow me

@generation.easy
A bitcoin fanatic and alt-coin enthusiasts
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Now cryptocurrency is much more valuable than the US dollar

Its getting there ;)

Still a long way to go

Yeah, 200k when i started, 400k when i posted, just crazy!
That transaction backlog is huge... im glued to etherscan

I had to walk away too crazy

Lol, During the time it took me to write this blog another 200,000 Ethereum has arrived!

= 400,000 Ethereum invested

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