The concept seems interesting, because the average Joe can feel the power to have it's own currency. If it is backed up ETH it is good, else it will have the liquidity problem, because to be honest who wants to keep a coin where the total value is in a couple of satoshis.
I'm still curios , if you trade back your token, will Bancor keep it or take it out of use? And how the scams can be prevented? Because lately with the heath coming from the market, not only enthusiast will join, but also wrongdoers. Okay, the market will self regulate it.
I might buy BANCOR, but will wait for 2 months to see how it behaves. Maybe I'm to conservatory for this new market.
Thank you for the info
If you liquidate the token, the smart contract destroys it. Scams can't be prevented... the same way fake news can't be prevented on blogs. That doesn't mean blogs are a bad idea, does it?
Of course not! Thanks for the info.