Would you buy a Token ETF?
That is, a token which was backed by the top n% performing tokens (given some reasonable criteria).
I have no idea how this would work. If all of the tokens were on ETH then I think it would be possible to write a contract to do this. Thoughts?
This essentially describes Iconomi and Bancor.
>>3036616
Do you know if there are Bancor ETF contracts on chain right now? or are people just buying Bancor and crossing their fingers that this eventually happens?
>>3036663
See pic related.
>Inb4 mob of angry nobanc fudders swarm in
>>3036710
Yeah I see the marketing material. I'm asking if there are actually any ETFs in existence right now.
As far as I can tell Bancor is literally like 40 lines of solidity. So I could just copy pasta that myself and stick it in a contract, no?
>>3036732
>40 lines meme
Oh you're one them, turns out you aren't actually looking for advice and just fudding. Guess I'll exit this thread now. Btw smart contracts are meant to simple, in case you didn't know.
>>3036756
I'm not really interested in getting into a debate about this coin itself. I'm trying to solve a specific problem. Stick to the topic please.
>>3036732
A very conservative estimate is they will be ready before the end of the year. The first token changer is coming out by the end of the month. Just look at their roadmap you fucking moron