Sixth-generation Californian, early PM on Android and Access at Google, now co-founder at Beep Networks www.beepnetworks.com
Bancor raised $150M in an ICO. And it’s catastrophically flawed.
Can we save it with a simple tweak?
First, the problem: Bancor is a market-maker that loses money on every trade.
It starts innocently enough:
“I hear you’re looking for a new position. We’re hiring. Want to grab coffee and chat?”