A more likely use case for Bancor is some SMB (store/restaurant) or content creator issuing tokens to be used for membership reward/points or for voting on a ne

A more likely use case for Bancor is some SMB (store/restaurant) or content creator issuing tokens to be used for membership reward/points or for voting on a new video/project idea, not for Augur/Steem/Gnosis 2.0 to issue an ICO. I question if their massive ICO was primarily backed by the marketing promise of restaurants issuing their own currencies. Even if that were the case, I'd still be concerned if this protocol can only be safely used for small-time operators, while any token with any semblance of scale on the chain is thoroughly gameable. On a side-note, Emin Gün Sirer made a lot of noise about re-entrancy exploits present within the DAO in the months preceding the hack ( http://hackingdistributed.com/2016/05/27/dao-call-for-moratorium/ http://hackingdistributed.com/2016/05/27/dao-call-for-morato...), so I wouldn't take his concerns about the Bancor codebase lightly, and may even be inclined to give him the benefit of the doubt vis a vis FUD.