I like this project very much if you do not understand this project as good as i do i would say watch this video from forty seven bank about forty seven bank https://youtu.be/Kgr9YxmmnBk after you will understand more. Wow the video is very explanatory, I have a much deeper understanding about forty seven bank now than when first read the whitepaper thanks for sharing mate There is a huge potential to 47 that many should know about; especially developers getting into the crypto space. I think it would be super helpful if a comparison table is published detailing the core features that no other platform has as of yet. |
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There is zero fee if u use the Luxcess platform called the royal platform that is amazing for people who trade a lot sometimes fee can be a big problem but thanks to Luxcess that is no problem anymore.
This is the most attractive part. Zero fee, zero commission, zero xxxx are the important things that are needed for crypto. Especially when popular exchanges are charging heavily. Agreed especially if you are trading large sums. Is Zero fees when using the platform? for example you made a profit; it is shared with luxcess; where would you get 0 fees? |
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Is the new weekly video out ? If yes, can anyone give the link of the video. I love them, because they give me quick information about what is going on.
Rathaha10 some other people's also said about New video of TBIS. But didn't found any new or latest video. I had subscribed Titanium channel but nothing new there. Could someone just post if any new video made? Was there a commitment from the Michael for a weekly update? I only remember the mention of a weekly update but did not know that there is an ongoing weekly update. I think in the last video things were clear on what is to expect next. I think the MVP is the priority now. Well TBIS did call it a weekly vlog and it was going to show all the recent updates including the first look at their new office, I'm a little bit disappointed this hasn't been uploaded to youtube yet. Hopefully they can do so soon. Even if Michael or someone else at TBIS did a tour of the office that would be pretty cool in my opinion. Well, it so happens that yesterday Titanium posted some pictures on their Facebook  They are working on the office: https://www.facebook.com/TBISICO/posts/1796654963975048Very nice, it looks like a spacious office. Hopefully TBIS can post another update next week with some new photos/videos! I'm very jealous, I wish I could set up a company in LA!! Looks like their hands are full in many ends. That is great they are working on many things at once. I hope the office setup would not delay other milestones. I am super eager for the MVP |
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one more very interesting part I found for token holders :
Only Token holders will be able to put their applications in Forty Seven App Store and get full access to our White Label API. Dev meetups and hackatons.
Yet another way to increase value of token. Does this also mean that developers as they develop on 47 they inherently need the tokens; meaning the developers clients would require tokens to use the app on top of 47? |
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The best way is to invest tokens on platform and get 70% of the profits, when you have enough profit you can easily withdraw.
would be very beneficial if it never delayed interest in this project already many people are satisfied with the results obtained and they make it easy for all users How fast the process would surely be beneficial for us; but I don't think immediate is on the table given you have to go through various steps. I am curious how long does fiat withdrawals take? does it hit a bank account (wire transfer)? |
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nice work you have done here... keep it up krypto-joop.. savedroid will make us happy someday if not in the nearest future.. i am a believer  This is reason sold more than 3.24 billion SVD tokens in a week. Still 21 days are remaining to end of ICO. I hope before ending this ICO we will see more interesting and positive reviews about Savedroid. I am honestly not worried much about how it will perform; I am confident that the team is well suited for the task given the history and all. what is more important the team seem to be excited about the project. |
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We dont need information about their office, we need to know how is project dev going.
Actually, Michael is not so charismatic to be speaker, a lot of ppl dont like his manner of conversation - check it on youtube comments
I don't think it should be expected from CEOs to be too technical; they should be able to manage things properly; however CTOs should. However I agree with you in that the project dev is most important now. Michael mentioned though to expect something around March. Other than that I think he is doing a good job keep some action around. |
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Somehow I wish LXC did not choose erc20 because of their slow tech. I hope they are planning to upgrade their technology this year. Many people's plans on ICO this year is to begin with the strongest ICOs better than those of last year because of regulations, and it will be harder to make an ICO later. Even now is hard to make an ICO
Is Luxcess-group tech already in place? How do you mean by slow tech? Curious  I am curious the same. Probably talking about Ethereum's network? It was slow like 3 months (around Dec) where the kitties took over; gas was expensive and the network was congestion most of the time. But I think the plan ahead with Ethereum is go for PoS so the guess things would speed up. If that is what is meant. |
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I see few partners name on Savedroid website like Amazon.de, Bird&Bird, CHECK24, etc. what type of partnership Savedroid have with them? I mean they will be using SVD? or supporting to develop product?
At least for Amazon; I doubt they would be using crypto anytime soon; I think the partnership is the kind that allows usage/connection to their platforms or promotional items but the team can confirm that; I am just guessing. Maybe if savedroid does well they can just plug or even acquire savedroid . |
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In the loyalty program they are giving opportunity to Token holders to exchange FSBL tokens into various products and services in Forty Seven Bank loyalty shop.
I like that idea, its a great benefit for 47 bank token holders and this should help increase the value of the token after it's released and listed on exchanges. I still can't get over the amount of different products and services they're providing to private persons, businesses and developers! 47 Bank are going to have a lot of work to do. And yet another great idea to give people incentive to hold the tokens. I like the last retweet of 47B, John McAfee shows his support and believes that 47B will unite the community I like to have the retweet link... I like to take a view and follow 47BK..unfortunately it skipped my mind to follow them when I had the link my bad OMG if John McAf(f)e retweeted about Forty Seven Bank, im out  I think he is one of the biggest and most important influencers in the crypto world. He is not always right, but at least he brings attention. lol this is embarrassing; I should be following john's twitter; I was not able to see the tweet; if someone could share it here or a snapshot of the tweet. If John is talking about 47bank don't take that lightly. he knows the banking system. |
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I have heard that you guys are paying tokens every month, if you have some Luxcess coins in your wallet ? Is that true ? If yes that is would be awesome for long term investors.
Yes we Will award people who Will hold their tokens on our platform, and we Will be paying them out monthly  Luxcess group Interesting so aside from the burn those hodlers would be rewarded. Any figures on how that would laid out? I mean would that be from the 30% which will act as circulation for the token? |
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I have just lunch break and read through the financial model. I have already seen some ICOs, but I have not seen such detailed documents. i love it! If 47BK reaches the 10mio hardcap and they can implement their plans, then it looks really good in the next few years. If anyone else wants to see many numbers: https://drive.google.com/file/d/0BzvESRkgX-uDenBWSl9VekkyQ1E/viewThats true. Fortyseven bank has touched upon and covered every minute details related t the project. In my opinion, the team has done their homework really well before the initiation of this project. Thats one of the main reason for me to stick to this project. It is interesting how the branchless structure would be key in the financial distribution; so you are basically saving on that end extend the funds as much as possible. You are basically bootstrapping the funds. I think as soon as the platform is out it would start funding its own. |
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Is the new weekly video out ? If yes, can anyone give the link of the video. I love them, because they give me quick information about what is going on.
Rathaha10 some other people's also said about New video of TBIS. But didn't found any new or latest video. I had subscribed Titanium channel but nothing new there. Could someone just post if any new video made? Was there a commitment from the Michael for a weekly update? I only remember the mention of a weekly update but did not know that there is an ongoing weekly update. I think in the last video things were clear on what is to expect next. I think the MVP is the priority now. There is not commitment I guess but people looks like lot of people expecting it now on regular basis. That's more work for CEO but its good to know that people like the weekly videos I was surprised is all; I mean I doubt he would have time to push out weekly videos as it is seems a huge load and would probably eventually drive focus off development which I think is them most important milestone now. Partnerships are good and all but I think the MVP is the most important now. |
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So now more than 3 billion tokens sold, which means more than the half of the tokens have been sold. And the ICO just started 5 days ago! Seems like the interest in Savedrod is not decreasing at all.
Indeed a very good start with over 50% sold in 5 days. I hope the ICO will be sold out latest at the end of February. Yep the rate its going it seems we're looking at the ICO lasting maybe slightly over 1 week lol, i really don't think that we are gonna see the ICO last till end of month as the demand still seems very high, i mean it might slow down and drag on till end of month but i doubt it will slow down that much. If we are to judge by the present statistics, selling more than half of the total coin in 5 days means in 10days max the whole coin would have been sold out. That's cool This is usually not the case. Most ICO have large peaks and the first few days and at the last few days. I have seen quite many ICO who sold about 50% at the first couple of days and then towards the end of the ICO they sold anothef big chunk. That's human nature, i think it has to do with the psychology of the mind to always wait and see how a project works out before investing but this shouldn't be the case with savedroid as they may likely miss out in the last minute rush of tokens, better now than never They are doing a good job letting out announcement in the midst of it all; I liked the last investors' announcement it seems to have spread some awareness and they are proud of it; heck it is even visible in the ICO page. So it has to mean something. |
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FORTY SEVEN BANK will also have there owned Smart ATMs. This is what I found at whitepaper.
"The bank will also oer traditional products and services like insurance, payments and transfers, payment history and analysis, cash withdrawals at Forty Seven Bank Smart ATMs, as well as at ATMs of our partnering banks."
Read it and it's nice plan but I don't seem to understand if they mean smart atm in the contest of an ATM that can be used universally or otherwise? I'm thinking it has to do with the biometric security system that was stated on their whitepaper if i'm not mistaken, so instead of typing digits as your password, you simply do the fingerprint scanning for identification before having access to your funds That would be a great improvement. I have too many numbers or passwords and it is easier and safer with a fingerprint or other biometric security system. This also have its draw backs. If you watch movie you should know better. If one bag get your finger print out of you by any means, they automatically Have access to your funds. And the option changing it ain't there since you can't really change your body's biometric Now I am afraid that someone will cut off my fingers :-) a 100% secure system is probably not, but 47BK will come up with something. It will probably be a combination of biometric data, password and 2FA You can't get 100%, it doesn't exists. If people manage to get your fingerprints they might aswell just break in to your house and rob you with a gun. So a fingerprint combined with a secure password is considered very secure. The whole combination is what makes it secure. You can make it difficult for majority to hack into it. If you are able to hack into it then be sure you can hack into any bank lol. In most cases all banks use similar security technologies; those technologies do not change overnight. |
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Hello,
about the kyc, we have a more advanced KYC. We are making official statement about it on Medium and we Will launch it soon. Don't worry it Will be FREE for everyone!
Luxcess group
If I understand correctly you will be carrying out your own KYC process? Anyways will await further details. Hope it is an easy one. Or maybe tiered based on contribution? I think that would attract many users. |
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Is the new weekly video out ? If yes, can anyone give the link of the video. I love them, because they give me quick information about what is going on.
Rathaha10 some other people's also said about New video of TBIS. But didn't found any new or latest video. I had subscribed Titanium channel but nothing new there. Could someone just post if any new video made? Was there a commitment from the Michael for a weekly update? I only remember the mention of a weekly update but did not know that there is an ongoing weekly update. I think in the last video things were clear on what is to expect next. I think the MVP is the priority now. |
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I keep seeing the gradual decrease in bonus tokens system during the main sale more often
What is the reason for doing a gradual decrease?
"
Week 1 (3.3. — 10.3.2018): 8% bonus
Week 2 (10.3–17.3.2018): 6% bonus
Week 3 (17.3–24.3.2018): 4% bonus
Week 4 (24.3. — 31.3.2018): 2% bonus
Week 5 (31.3–7.4.2018): 0% bonus
"
You are basically calling for action. so you want to somewhat ensure most of your tokens are sold earliest possible to atleast hit the low cap to ensure success of ICO. Think of it an Incentive to get into the ICO earliest possible and not wait till the end. |
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wow, savedriod already sold 3,190,064,316 SVD as of this writing. so if the price is 0.01 EUR each, then they already collected 31.9M EUR?  please just correct me if the price i have is wrong. i just saw someone posted here that the price id .01EUR each. One thing is certain the ICO is doing really well; The team are doing a great job being available and properly promoting the project; I am quite pleased with this. The price I believe is 1 Euro get you a 100 SVDs (you can find it in section 4.2 in the whitepaper; the max tokens to even exist is about 10 billion). your numbers should be correct. |
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