Bancor
What is Bancor?
“Bancor is a paradigm shift. It provides convertibility and liquidity to complementary currencies without requiring any counterparty and its risks. Bancor is also a breakthrough that gives the means to eradicate poverty within one generation.” – Bernard Lietaer, co-creator of the €uro
Bancor is a blockchain protocol to enable the creation of a new type of cryptocurrency called smart tokens. Smart tokens are a form of money that can hold and transact money, able to be bought and sold without needing to find a counterparty.
This means that, much like youtube enabled the longtail of video, the long tail of cryptocurrencies with values based on everything from individuals to cities to kickstarter-style projects to profit-share farms to co-ownership of land to anything else you can think of can be fully liquid on the global financial system.
What I’ve Done:
The Bancor Token Generation Event
On June 12, 2017 the Bancor team (myself included) launched our BNT-distribution/crowdfunding campaign. We raised 396,720 ETH (~$153,000,000 USD at the time) in 2.5 hours.
My role in this and the months following was:
- Pitching the story to bloggers. Through this we got featured on Venture Beat, Hacked, Epicenter Podcast, EconoTimes, NeoCashRadio, and many others.
- Daily managing and Q&A on reddit, Bitcointalk, twitter, and the contact@bancor.network inbox.
- Presenting “Bancor – What it is & why it’s awesome” to Bitcoins in Bali, BTC BKK, Dojo Blockchain meetup, Ethereum Singapore, Blockchain London, etc.
- Explaining what Bancor is, in non-techy terms, via writing and sharing this blog post: Bancor — A new global financial system where EVERY currency can be liquid. (>5k reads at a 32% read ratio)
- Managing dozens of smart token ideas, and helping them connect to the team, structure and create their tokens & business plans, and launch their TGEs. Examples coming soon.
- … ongoing …