RE:RE:RE:RE:RE:RE:RE:Metalstream, Sonata Capital, Enegra Group and Blockchain LabThere is no conspiracy here to uncover.
Blockchain Labs Asia is a consultant to Enegra, and created the initial EGX tokens for Enegra using Polymath's smart contracts (since upgraded and reissued on the DSX Asia platform using T-REX smart contracts from Tokeny). We worked with Bancor to have EGX listed on Bancor, as part of an experiment to see if this would work as a means of acheiving liquidity for token-holders prior to the DSX Asia exchange listing of EGX.
This was a technical success, in that we were the first security to be listed on Bancor. However, there were issues with Bancor around slippage and depth of liquidity, which meant that we ruled it out as a viable solution. This was also partly due to the liquidity pool being tied indirectly to ETH and experiencing significant volatility as a result.
The intial $25,000 of BNT staked (and equal amount of EGX) was liquidated through the trades and the funds returned to Enegra.
Althougn Bancor has since introduced liquidity pools backed by USDT, and therefore not tied to ETH, and have also lessened slippage via their recent Bancor 2 release, we decided not to continue the experiment, and wait until the exchange listing.
All of the above has been relayed to EGX token-holders over successive Enegra Group updates.