Hey guys, come join our conversation at Telegram and see what's going on for the project right now. And....there's also a way to earn KWATTs! Power to the People! https://t.me/FRNCoin I think 4new would get a better boost in social media if they rewarded for initial participation as well, as in an airdrop, and then additional reward for referrals Well, an airdrop would definitely boost the project's publicity. But I still think it also attracts a lot of people who are only out for the money and don't really care about the project and what it is trying to achieve. yes, these airdrops are a double-edged sword. On the other hand, it makes a project faster known, if there are good aidrops. On the other hand, it attracts many only for the free tokens, as you say. These are then often sold quickly and that temporarily lowers the price. You just have to figure out whether the publicity through airdrops is worth more than the short-term price losses You can argue that if there is one who invests out of a hundred airdrop-participants, it was still worth it for the project. But if they are giving away too many tokens, that could scare away other big investors that fear for a dump. I doubt they are in any chance announce any airdrop. I have also not seen any past airdrops from the team. If you are so interested in airdrop, ask this question directly in their telegram channel. Personally I don't expect anything and I also prefer not to have one. |
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My only CONCERN:
I heard an interview with CEO of polyswarm, he was asked why NTC token instead of ETH? He responded, that NCT will provide more stable price. Does this mean the NTC price will be pegged? That would pretty much decrease overall ROI. Any thought on this ?
There is not a single word in the white paper about NCT being pegged to anything. I don't know the interview and the respective context, but I don't think he was referring to a price peg. i have also not seen this interview anywhere. Do you have links to the video or article? I would like to see or read it to understand better. No CEOs will talk about the future token price as far as I have seen it. This is somewhat misunderstood I think. A link will be nice as well. I highly doubt the CEO of Polyswarm intends to peg the price of NCT, i don't think anyone would wants to invest in a pegged token a steady and healthy token price growth is what suits everyone. Yes. I am also looking for some links about this interview. Could not easily find it. Could you post it here? I would like to read it to understand his views better. I agree on the fact that NCT tokens cannot be compared to ETH in anyway as both are for different purposes. |
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And indeed the team has very ambitious plans. And to provide access to all the multitude of services, it can improve control and speed up operations. What makes the FORTY SEVEN BANK service more competitive between other similar.
That is the very interesting point. Without efficient team, ambition is nothing. Fortyseven bank team is very experienced in this field and they are confident about their project, roadmap and also having reasoning for all the questions. |
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Thanks for sharing this first part also. The team should add these kind of information video to their main announcement post in the top. So that it would be very useful for new people or even the visitors who are coming back would be benefited with those information. |
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FSBT token holders will have the following important benefits:
1) They will become the first clients of Forty Seven Bank;
2) The rights to be the first to try and use products and services offered by Forty Seven Bank;
3) Top priority place in Forty Seven Bank loyalty program;
4) Opportunity to contribute to the development of crypto community and help in charity campaigns;
5) Discounts and special conditions for products and services of Forty Seven Bank;
6) Higher FSBL token cashback multiplier when paying with Forty Seven Bank debit or credit card;
7) The range of the most commonly used mobile and online banking products for free;
8 ) No fee for using Multi-Asset Account;
9) Opportunity to sell tokens more expensively on secondary market when they increase in value in future;
10) Possibility for traders to speculate on token yield.
Interesting summary to be honest. This summary should be in all social media again and again to show the benefits of FSBT tokens. Tokens sales should get picked up very soon and reached their hardcap. Fingers crossed. |
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As I've seen a dreadful whitepaper again today, I'd like to point out again that 47BK will offer the organization of ICOs. And when you see them organize their own ICO, you can only expect good things.
So please use 47BK services if you want to do an ICO
What is the exact meaning of organization of ICOs? Is it from any of their sister project or do they work on ICOs for outside projects? I am curious to know more about it. I have never heard about it before. Or is this token holders benefit? it is one of their products for business, you can find it in the whitepaper on page 18: Forty Seven Bank is going to provide services for companies that would like to attract financing via ICO. The services will include legal support, escrow arrangements, support in transferring digital currencies into fiat equivalent. We will also develop rating procedures for ICO projects and will provide thorough analysis of interesting projects. Thanks for the information. It helps in better understanding of what exactly it means with organization of ICOs. If we put this in simple words, fortyseven bank will conduct ICO for others also. May be they will use their platform for this purpose directly. |
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4New is steadily gaining momentum and Attention!!! cant wait to see whats going to happen in the next couple months!!
Indeed. 4NEW is getting more and more attention in all corners now. Team is not willing to leave any stones unturned. They are in all social media channels and also in each and every crypto related sites. Still ICO is ongoing. So lets see how much investments they are going to collect in the end. I am curious to see how all this would workout; I mean the platform and all; Say I signup and all would they will be connecting me using wires to their plant or how does thing function? Project is good and 4NEW team also good. I am confident that this will be successful and one of the good ICO of 2018. I already made my mind and will invest in this project. Indeed. this is also nice decision from your side. I have done the same. Actually I bought some when it was 1 USD. I will look for invest bit more before 10th when the price will increase to 1.75 USD. As of now its at 1.5 USD. |
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the thread view of this project is less interesting, but the information presented is very clear, there are many explanations about the purpose of this project as well as the composition of the team from this project which is submitted using the link, maybe if adding graphics will look more interesting. does this project have bounty program?
I certainly agree on your views about the announcement post. They should have put-in some more graphics that would have fetched many more to this thread. They have bounty program in their website but its not social bounties. Its only for crypto experts. |
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As I've seen a dreadful whitepaper again today, I'd like to point out again that 47BK will offer the organization of ICOs. And when you see them organize their own ICO, you can only expect good things.
So please use 47BK services if you want to do an ICO
What is the exact meaning of organization of ICOs? Is it from any of their sister project or do they work on ICOs for outside projects? I am curious to know more about it. I have never heard about it before. Or is this token holders benefit? |
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When Forty seven bank goes to the exchanges, what do you think of our generic number in coinmarketcap?
We will announce before the end of ICO which exchanges are we going to get listed first in the beginning of April. Wow really this is great news, patiently waiting for April thanks for keeping us updated with the activities of Forty seven bank you've really been a source of information well done. Do we really have doubts about the quality exchanges FSBT tokens will end up? I don't have that doubt. It is sure to hit very high quality and good exchanges for sure. Couple of weeks to go for the completion of the ICO. Lets wait and watch. In the mean time we just acquire FSBT tokens. |
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this project looks very large and requires developers to be very knowledgeable in legal matters. I think there should be a staff of legal consultants for the effective launch of the project. It would be problematic for such specialists to implement the project
Since 4NEW's project tends to install a power plant, I'd say they are more in need of engineers, wouldnt you agree? Definitely this project will open doors for many engineers and other type of employment as well. No doubt about it. Also in many countries where are planning to have such plants. This project will create huge economic impact in the end for that country. |
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Experts craft and maintain competing software “micro-engines” that quickly identify the latest threats, attempting to outperform their competition. PolySwarm’s “Proof of Work” is threat detection accuracy: the market rewards experts who are best able to defend enterprises and end users. Interesting read, check out the full article here @ https://wiserico.com/ico/polyswarmThere are more ico rating pages every day. And they actually describe the ICOs less and less. This article is a good example, because I have read here in the forum already better and more instructive postings about Polyswarm. The operators of these sites have no great effort, I'm not a fan of these short descriptions. As you said, there are more sites popping up every day. Wiserico, for example, is also a pretty new site, but one of the better ones. I just can't understand that it is somehow profitable to create even more of these rating sites. The most interesting part here is the presence of Polyswarm even in the new sites. It will be doubtful if the presence is only visible in new site and not on old and reputed sites. I have seen ICO review and rating in such old channels as well. |
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Is the only payment currency's Bitcoin and Ethereum ? Some Icos have Paypal as payment option, and that it is great, because sometimes you don't have crypto.
Unfortunately Fortyseven bank accepts only BTC and ETH. As far as I know, they don't accept FIAT or some other means like credit card, paypal. May be its too late to introduce other currencies now. |
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Great news guys! Graphic shows net profit estimates of Forty Seven Bank over the following ten years depending on milestone.
Hello, please which graphics are you referring? Kindly show or send a link so I may see for my self. Would really like to take a look at their 10year net profit estimates. Thanks I am curious to see the link as well. I might have already seen it in some of their documents. But please share it here for the benefit of lots of readers here. Even though its a forecast, it will show the benefits of investing in FSBT tokens. |
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Will there be any other form of passive income that investors are going to get as a result of hodling the KWATT token?
I am certain as the company evolves through time, there will be new opportunities that will emerge that may enable diversification of avenues. However, at this time, i think electricity is the only form of income. if you think about the market cap of power generation alone in the whole world, it huge. Its also much needed and essential part everywhere. If 4 new can become successful, they can eventually go much bigger but not necessarily diversify their goals instead just diversify in sub-category. |
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Finally ICO bar crossed 23mil and the bonus level reduced to 15% from 20%. Somehow today its moving faster than last week. Probably a big investor(s) has arrived and sales is picking up. As of now, its good going team.
I was just about to post this message. You are faster than me. Thanks for sharing this. So officially bonus level is reduced. When it hits 28 mil, it will go down further. Project is not willing to give huge bonus which shows their confidence on the project. 3 cheers to the team. |
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