Everything Eyal Herzog said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Herzog: Crypto's financial ecosystem is bigger than the internet
“This is like, you know, it's bigger than the internet in, in terms of, you know, the implication that you can expect from that move.”
Herzog: Bancor Uses Algorithmic Formulas Instead of Order Books
“And we provide like a different way that does not require traders bid and ask automatically finds the market rate according to some formula.”
Herzog: Bancor raised $153M in three hours during record-setting ICO
“And we raised in three hours, something that was at the time, a hundred fifty three million dollars, which was at the time the large, largest fundraising ever, but that record was quickly broke by following ICOs.”
Herzog: Bancor Operates as a Non-Profit Organization
“First of all, Bancor is a non-profit organization, which is a new model that has been rising in the last years.”
Herzog: Bancor holds over 100,000 Ether in buyback smart contract
“We also did something nice that that said that above, like, a specific amount we will not take any of the funds to ourselves, but we will put it in, like, a special smart contract that will offer to buy back the token at the original price. So it gave, like, n…”
Herzog: Bancor has liquidated less than 10% of ICO proceeds
“Less, less, less than 10%. Less than 10%.”
Herzog: B Protocol Foundation sold 50% of Bancor tokens and reserved 40%
“And the foundation actually sold 50% of the token. And with the other 50%, it kind of have, like, different buckets. For example, 20% is keeping for long-term budget. So, you know, in a few years, if it needs more money, it can sell those. 20% of that is for o…”
Herzog: Bancor employs about 20 people across its foundation and structures
“We're like, we're about a, I think everyone involved in the project, so there's a foundation, it's about five people, and then, you know, with the people that are involved in the, in different structures, they're like, I would say it's 15 more.”
Herzog: Bancor executed its ICO when Ether was near $400
“No, I did it when it was almost 400.”