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Team AMA on Telegram about upcoming developments and cooperation with other projects
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When Bancor activate Gnosis, Aragon, Civic, Status, Stox, NEO, Starbase smart-tokens to reserve?

Guy @ Bancor:

Great question. First of all to answer more generically, often we can share specifics when things are fully settled, sometimes we need to remain vague because either the biz dev is ongoing and sensitive, the timing is secret (at the request of the partner for example) or legal consideration require us to be more restrained in what we communicate or the dates we promise. But know that any project we have mentioned is an active project and is somewhere in the project funnel.

Stox sets their own timing but from what we know their Smart token should be activated soon. Hopefully that means days or weeks, not months. But you should really ask Stox (they have a telegram channel) as it isn't up to us. The first smart tokens are likely to take a little more time to activate as they are truly the pioneers, number 100 should be automatic, number 7 needs to be more careful.

Even we needed about 2 weeks to feel safe and that's after having worked on this for a year with our devs which obviously have the most familiarity with the smart contracts.

Gnosis is a great project with a very strong team. All the code is ready, tested and awaits a smooth legal framework.

We deeply respect the regulators and their concerns for protecting the community from bad actors, while working to modernize their respective legal frameworks to adapt to the new reality that Blockchain has created. We don't want a band aid solution, we want clarity that provides us with freedom of movement to deploy what we believe is a paradigm shift in value creation and exchange. We aren't seeking a solution for GNOBNT, rather for all token changers. Once the first is out, the next ones will flow like domino's.

NEO team is most impressive and we will share more info when it is appropriate. China is one of our most important markets and we intend to be there in a big way. Bancor will open offices in China.

James: Seriously? Is this just future possibility or a firm commitment going forward?

Guy @ Bancor: It is a pillar of our international expansion.

Status team is a special group. You find very few teams in Blockchain these days with consumer application DNA and they are one of the best. Give it time, their product is in early alpha. I foresee great things from that team.

Starbase is a young project out of Japan with big ambitions. We are working to support their efforts at building a network of tokens. That's what Bancor protocol is all about!

Aragon is most impressive on many levels, particularly the founders. Governance is very tricky business because it needs to merge our ideal vision on how we can use Blockchain to collaborate with the reality of human nature. No simple task! We will start with baby steps to provide the most basic governance features. This is relevant for the deployment of the full UX platform where token creation is fully self service for non technical users.

BTW in terms of product, some of you may have noticed we released our Bounties tokens. It is another future blog post we will share with the community, but this was I believe, the largest and most successful bounty (crowdsourcing effort) in the history of token events with literally 1000s of participants.

We activated 5 smart tokens for the payouts and did it via the new UX interface. There were many problems (bugs) but ultimately it was successful. The point of doing the bounty (and payout) via the UX was to iron out many of the kinks. We are now closer to releasing the UX as a result of these learnings, dozens of vulnerabilities have been closed but much work still remains.

Roman: Aeternity Blockchain? Something Bancor is looking at?

Guy @ Bancor:

We are friends with many folks at Aeternity, spent time with them during our extensive travels to meet the Blockchain community around the world, and in touch with them about how we could collaborate. No news for now.

dylan oliver: How do you see bancor fitting into the emerging landscape of decentralized exchanges? Do you see opportunity for partnership and integration rather than just working orthogonally to "competitors" like omisego?

Guy @ Bancor:

We believe Bancor invented its own category (which will eventually have competitors of course like all good ideas) but we don't consider the folks you mentioned one of them. We think there are a lot more partnership opportunities but everyone is very busy and there is only so much any of us can digest at one time. I think you will see a lot of collaboration between decentralized protocols, more than their centralized equivilants.

dylan oliver: Seems to me everyone could be less busy overall if, for example, kyber replaced its market makers with bnt

Guy @ Bancor:

We have reached out to Kyber to offer collaboration.

Thanks for the kind words! The initial marketing efforts are focused around rebuilding our messaging (website, etc) for a post TGE period, as well as the deployments and activations of the first smart tokens for TGEs and token changers. Various delays (such as regulatory considerations) as well as the general challenge of getting in front of folks in August, may push out some efforts to September. We will keep you guys posted.

Regardless, our dev team works around the clock to move things forward regardless of anything else. We have some nice product releases planned for this month.

Off to work... Take care and we are always here to answer questions. Additionally, we know many of you are eager to help out and wondering how you can contribute to Bancor. Throughout the next few weeks via the relaunched Bounty programs we are creating the framework for this amazing and very large community to leverage the different skillsets that are out there and make a tangible difference. So stay tuned and feel free to join the bounty channel at t.me/bancorbounty

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