Forty Seven Bank ICO ends in seventeen days, make hay while the sun shines. FYI after purchase please use this tutorial:
1) Press the “Settings” button (cog icon);
2) Scroll down to the very bottom until you find ”New ETH Wallet” field;
3) Enter your ERC-20 compliant ETH wallet address into this field;
4) Press the “Update” button.
You will get tokens within 48 hours.
5) After you receive the tokens do not forget to add custom token:
Token symbol: FSBT
Decimals: 18
Token contract: 0x1ed7ae1f0e2fa4276dd7ddc786334a3df81d50c0
Thanks Cnote328, for the highlighting process here. As we all know about this process. But it will really helpful for new people who they are new in ICO/airdrop. Thns for sharing this info mate; I was looking for the token contract https://etherscan.io/address/0x1ed7ae1f0e2fa4276dd7ddc786334a3df81d50c0 ; you can also see in the source code that "Contract Source Code Verified" Is this tutorial also available on the Forty Seven bank site ? If not they should definitely add it, because the new users will have then no problems with it. I tried to find it on their website and could not find it i think it should be a great idea if they put this tutorial on their website too somewhere where everyone can see it otherwise a lot of people will question what to do. I am not so sure though but I don't think this is an official post (I stand to be corrected) I think the first poster may have done this out of his own good will just to help the public with his experience. Cnote328,I would email it to the team , may be they can put the tutorial into their FAQ. Maybe you'll get a bunch of tokens for this suggestion of improvement. Yeah it's good that there is a reward system for suggestions of improvement... 47bk needs alot of marketing |
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The markets have taken a big hit recently and obviously this has affected a lot of ICO's that are currently raising funds, however ContractNet is still doing well and it has now raised over 95 BTC and over 2200 ETH, this is a big achievement in the space of a few days.
I honestly can’t believe their doing this well considering how crappy the market has been the last few months it’s interesting to see ICOs with promise fight through all the fud and low valuation on crypto and continue to build a strong financial base Hopefully after the ico we see crypto rebound nicely Honestly it's been heart wrenching this past days, BTC and eth keeps dipping and its affecting how people invest personally for me I have put a stop to spending in crypto till normalcy is restored, ContractNet still pulling funds shows investors trust |
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That's a pretty interestign find fauler, where did you see this information, I'm quite intrigued and interested in this, looks like some nice progress has been made from the ContractNet team! I actually thought the wallet is yet to be developed wow  so we are safe to conclude that the contranet project has a working plan already |
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Forty seven bank got the privilege to be featured in The Asahi Shinbun Digital-the most prominent newspaper in Japan (370 million previews per month)! Link: https://goo.gl/aipS6QThey seem to have a strong focus on the Japanese market. This is a very big market and the Japanese are very open to the crypto world. I think 47BK can really be very successful in Japan. I hope they will find some big investors there I couldn't agree less with you faulerwilli 47B has been featured in Japanese agency Jiji Press, PRESIDENT Online, one of the most important business websites in Japan, and now the Asahi Shinbun Digital the most prominent newspaper in Japan keep up the good work. I often hear something about Crypto in Japan. I guess that they know what crypto is, and that there are a lot of users. Last time when i heard something from Japan was that a coin/exchange was hacked right ? I don't know why this line cracked me up literary... I guess that they know what crypto is, and that there are a lot of users  but crypto is universal and will penetrate everywhere on the globe |
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wow, that's a really detailed article, and a TLDR at the beginning, that's what I like about it. And a tutorial for ICO analysis, right on Polyswarm, great carefully and detailed writing explains the incentives of the polyswarms protections system, this is easy read, more like reading the white paper of the polyswarm system |
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Who else had the feelings of missing out going through white paper  ... It hit my realization that indeed the blockchain is set to revolutionize the world of human needs and tech, take a look at Aidoc a BLOCKCHAIN based medical system constructed so balanced that its part joins end to end... The bit digital person is a complete digitization of individual vital signs. Life bank is a safe storage and public trading place for medical data in the AIDOC chain. AIDOC integrates the intelligent diagnosis modules This project is a class of its own. |
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I have an observation and question please. About the utilization of Kwatt, one of the option is to apply towards 4NEW's cryptocurrency mining farm. What coin will the mining farm mine?
I have asked this question here but didn't get a response, it will be appreciated if the team gets to answer this.. I like to know the mechanism behind the mining and how will it be monetized or rather profitable for me or both parties, there is a need for an explanation As far as I can remember, you can choose from the first top 20 mineable coins you want to mine. You just have to decide at the beginning of the year whether you want to mine or get free electricity I went back to the white paper to try and understand the economy behind the mining potential of the coin and to see how lucrative it is compared to renting out the energy out then I came across this Page 11.... We do not charge energy fees for mining, the only cost to a coin holder is the cost of the coin. This means that a coin holder will be able to mine all cryptocurrencies for the lifetime without spending an additional penny for their energy bill. The energy is free to us, so it is free also to the coin holders. But in page 13 it was again stated that we can only pick the top 20 mineable coins for the lifetime. I am fine by any if it's going to be some sort of a passive income for me, what if I decide to wanting to stop to mine a particular coin and maybe possibly replace them |
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I'm just wondering that nobody has mentioned the various smart contracts that 47BK wants to offer (Whitepaper Pages 36-39):
Escrow Contract
Auction Contract
Loyalty Cards Contract
Rental Payment Contract
Royalty Contract
Contract Arbitration
All great services, I am really excited
I think blockchain will replicate all that we have in our today's world, I mean all, modernizing it and building on it effectively, I use escrow service whenever I want to trade currency in my country and I must confess its one of the safe, smart and fast ways of dealing with currency exchange and now seeing it as one of the service 47BK intends to offer gives me a sense of fulfillment now I can do all my exchanges or buying and sell which is an added benefit for me using the 47bk platform |
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Future of blockchain will need some projects like this. I am sure it will be succesful.
ContractNet will only ever support a limited supply of 23 million CNETs, creating a scarcity that mimics the value of Bitcoin or gold. This is a deviation from the Ethereum protocol which has an inflationary supply of coins. As new coins are minted by miners, ContractNet will burn coins to maintain a maximum level of 23 million. This burn-back will be from coins received as revenue for services, coins held in reserve or coins bought back from the open market. This is a good reason why I think the coin will forever increase in value and be high in demand But when there is a buy back and a burning that happens constantly overtime, what now happens to a growing number of mobile users apparently potential iot users who are supposed to be the focus of the project not serviced as intended, I understand that scarcity drives value what if it does and create a vacuum more and an unsatisfying feeling, am thinking like a potential consumer who gets disappointed because he didn't get the service he envisaged |
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I have an observation and question please. About the utilization of Kwatt, one of the option is to apply towards 4NEW's cryptocurrency mining farm. What coin will the mining farm mine?
I have asked this question here but didn't get a response, it will be appreciated if the team gets to answer this.. I like to know the mechanism behind the mining and how will it be monetized or rather profitable for me or both parties, there is a need for an explanation |
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Why is the coin supply so high for this project? I think 2.5 billion is way too much.
It's the only thing that is making me hesitate to invest.
Well, different ICOs come with different amount of capital needed for investment because projects vary, i recently saw an ICO with 6 billion as the initial startup capital, so the above figure is not strange, unless you're new to ICOs, no offence, just trying to clarify you on that  This is the way i see it may not be the case though, i think that project with a huge potential to reach a very wide reach talking of billion of people worldwide will need a billion supply to service its objectives and knowing the potential of the crypto space in the nearest future creating alot of supply is not out of place, this may be it but like i said i may not be correct I understand that you think it is bad that it is high but if the project is very good then even if the coin supply is high you can still make a lot of profit out of it if the project is bad it will all go to waste good to know that polyswarm a great project that will reach the moon. Many people actually believe that the higher the total supply the lower the value which may be true in some instance but not in all generality there are some project with as low as 1m total supply and are still doing pretty bad in terms of value so it boils down to what the project has got to offer |
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ContractNet round 1 has come to an end, the present bonus structure is 20% and price: PRICE(BTC)0.00014, PRICE(ETH)0.00140 for Round 2. FYI round 2 ends on the 15th of this month.
and it was a good first round: BTC raised 90.20068175 ETH Raised 2,159.48470745 But I think there are already revenue of the second round here. Let's see how much it is at the end of the second round It's a pretty good amount raised so far and the next milestone is achievable too, a lot of faith in this project as it deals with one modern fundamental human needs which is technology I hope the trust of the big and small time investors here will paid off. Not only the price increase after ICO but the real deal that they are trying to address. We know that this is not the first project here that tackles the IoT industry but most of them had empty promises and they don't have the capability to make the project a reality. The team just need to focus on what they can offer and seems that based from the roadmap, it's pretty feasible to implement and execute the items they put on their goals. Reading through the white paper you could see how articulated they intend to achieve the set goals, their facts and figures, one could see indeed where the project is going to unlike some startups that are just huge on the vision and small in their implementation or like you said end up not fulfilling |
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I keep getting impressed by Forty Seven Bank team, i just found out their website is also in Portuguese https://www.fortyseven.io/pt/home. I wounder how many languages Forty Seven Bank website is translated to. There is also a Turkish one avalaible nice ! You can see the languages it has been translated on the top bar of the site. In total there are 13 different languages available. This is good. More languages is better for the project. Forty Seven Bank is proving on different ground that it is reaching for the whole world, featured in Sankei News coupled with the extensive language supported, I am very impressed Can you avail me with link so I can go through it and catch the feels too lol.. The project will definitely achieve its milestone This is the link, the website is all in Japanese and I'm not sure if you can auto google-translate: http://www.sankei.com/ great to spread word of the 47B project to as many countries as possible. Thanks I was thinking it's in universal language, making a Japanese reach out system is good as they intend to capture major market and eventually the rest of the world |
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I am posting this thread on behalf of the DEVELOPEO team
Please contact -DEVX- for details regarding this project. Our Official channels and groups: Just recently come across the project website and I find it really interesting especially as it deals with education in the blockchain ecosystem and which I should greatly needed as crypto continues to grow |
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The qualiti project is set to have qualiti participation, goods and services which is a welcome development in the blockchain
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I keep getting impressed by Forty Seven Bank team, i just found out their website is also in Portuguese https://www.fortyseven.io/pt/home. I wounder how many languages Forty Seven Bank website is translated to. There is also a Turkish one avalaible nice ! You can see the languages it has been translated on the top bar of the site. In total there are 13 different languages available. This is good. More languages is better for the project. Forty Seven Bank is proving on different ground that it is reaching for the whole world, featured in Sankei News coupled with the extensive language supported, I am very impressed Can you avail me with link so I can go through it and catch the feels too lol.. The project will definitely achieve its milestone |
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ContractNet round 1 has come to an end, the present bonus structure is 20% and price: PRICE(BTC)0.00014, PRICE(ETH)0.00140 for Round 2. FYI round 2 ends on the 15th of this month.
and it was a good first round: BTC raised 90.20068175 ETH Raised 2,159.48470745 But I think there are already revenue of the second round here. Let's see how much it is at the end of the second round It's a pretty good amount raised so far and the next milestone is achievable too, a lot of faith in this project as it deals with one modern fundamental human needs which is technology |
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in time past we have had project that were just mere ideas without a concrete way that it can be executed but currently the 4new project is already putting its road map into execution already so you could understand the value and the reason why there have been many write ups in the past about the 4new project |
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Why is the coin supply so high for this project? I think 2.5 billion is way too much.
It's the only thing that is making me hesitate to invest.
Well, different ICOs come with different amount of capital needed for investment because projects vary, i recently saw an ICO with 6 billion as the initial startup capital, so the above figure is not strange, unless you're new to ICOs, no offence, just trying to clarify you on that This is the way i see it may not be the case though, i think that project with a huge potential to reach a very wide reach talking of billion of people worldwide will need a billion supply to service its objectives and knowing the potential of the crypto space in the nearest future creating alot of supply is not out of place, this may be it but like i said i may not be correct |
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