Bancor

“Less, less, less than 10%. Less than 10%.”

“And we provide like a different way that does not require traders bid and ask automatically finds the market rate according to some formula.”

“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…”

“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…”

“First of all, Bancor is a non-profit organization, which is a new model that has been rising in the last years.”

“No, I did it when it was almost 400.”

“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.”

“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.”