Update from Guy @ Telegram:
Multiple new bounty programs are roling out in August, including content creation, online and offline ambassadors. There will be many ways to contribute. You can follow what's happening here: t.me/bancorbounty
In the meantime, it is most helpful to communicate the core message behind the Bancor protocol. With so much misinformation floating around, one might have missed that Bancor deployed on Ethereum, an actual live, innovative smart contract technology, being used everyday to help address an important problem that has profound implications not only for cryptocurrency but all asset exchange, liquidity!
Bancor protocol introduces the concept of smart tokens. These new tokens have special capabilities such as a built-in automated market maker that enables decentralized, onchain transactions without a counterparty. Bancor protocol can also be used to create network tokens, token changers, token baskets and with an accompanying consumer-Internet UX, a long-tail of local currencies.
We will be sharing a lot of material over the coming months to help educate a wider audience on these concepts, as we simultaneously work to release great software that brings more liquidity and freedom.
Bancor to the moon!
The problem is not that people are not educated or that they don't understand the concept
It's about Bancor integrating their technology and make it easy for anyone to create these mentioned network tokens, token changes etc.
People need to use the platform for it to spread and become popular, only the testnet is currently available, which is.. well.. not very useful
Bancor has to make the promised features available (the software) before the idea can spread
the project has a certain mathematical model, in which there is no understand or do not understand the concept, the contract simply live their lives the robot. If the total tokens of the ether will rise, will rise bankor and the more they buy the higher the price.
