Bancor ICO finished within hours - 250,000 ETH Hidden Cap
Bancor's highly anticipated ICO wrapped up within hours, and despite attacks on the bancor network it worked through an unprecedented amount of transaction volume. It'll be fascinating to see the development of this protocol and its impact on ICOs in general. Will it be dwarfed by future tokens? Will it be able to make good on its promises of liquidity and a world of localized and individual tokens? Time will tell for both the holders and the traders.
Tim Draper Invests
During the sale, it was announced Tim Draper would be investing in the protocol.
Hidden Cap Revealed
Bancor launched with a hidden cap that begin the end of the sale. This cap was revealed to be 250,000 ETH or approximately $97,500,000MM.
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Well, if Tim Draper sent ETH there, then hopefully it was not a stupid idea of me to do so as well ;D Time will tell. What are the predictions of Bancor market cap in a few months?
Between zero and infinity, obviously.
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