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RE: Highest ICO Ever: BANCOR Raised $156 Million in 3 Hours - What's Next?

in #cryptocurrency7 years ago (edited)

Great update Sirwinchester thank you! Others who bought into the ICO might be interested to know that Bancor is setting up a market maker smart token that will buy back BNT at the ICO price of .01 ETH. Bancor set this up in response to concerns that the ICO was oversubscribed and the excessive amount of BNT tokens sold would depress the price once it hits the exchanges. The Bancor blog has more details on this:

https://blog.bancor.network/the-community-of-the-currency-9770087fde17

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