I found the answer what Luxcess is going to do with this 30% Fee. 10% will be spent on Marketing/Development. 9% will be spent on team operation.
1% will be charity. And 10% will be burn. Now this is interesting. Can someone explain what is the benefit of this 10%burn here?
I can not understand that, why should they burn 10% of profit (because the 30% fee is nothing more than their share of profit)? This seems to me very strange, maybe it is a translation error? |
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wow guys there is a lot of features forty seven bank is coming up with.. just read in their white paper a plan to not only be the bank of cryptocurrencies and fiat but also be rating agencies for ICO projects by providing open source due diligence and also help projects with escrow services and smart contract development.. wow this is huge for both investors and oncoming projects  you can see again how detailed the whitepaper is. I did not read that at all. I think that's great. If you want to start an ICO, they will help you in every step. This makes it easier and may also lead to poorly prepared ICOs, as often seen, disappearing from the scene |
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really impressive, congratulations. i like this part from the blog "15,000 backers have participated in the ICO so far with an average buying volume of roughly 130,000 savedroid tokens! 15.000 Investors in just a short time, thats huge |
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Is there more information available about the Forty Seven Bank Exchange?
It is mentioned in the WP that the 47B will provide foreign exchange services including bank to bank transfers, does this mean I can send funds to 47B Exchange directly from my Bank?
That is an interesting point! With my Bank account it takes to long to transfer FIAT to an Exchange. When I can send funds from my bank to my 47B account and then to the 47B Exchange, it will be an advantage. Yes that will be real advantage. Whitepaper mentioned about Transfers and Payments. It will be easy to quickly transfer resources from one fiat currency to another, or from fiat currency to a digital currency, or vice versa. So as per my understanding bank to bank possible but depend on the agreement between other banks and 47BK. Here are Payment Processing and Invoicing related services mentioned at white-paper- Forty Seven Bank will provide wide range of payment processing solutions to our business clients. E-commerce clients will have the possibility to easily accept payments on their web-pages, platforms, applications, games, etc. with easy to use and informative merchant cabinet/panel. They will have opportunity to accept payments in traditional fiat currencies via credit or debit cards (Visa, China UnionPay, MasterCard, Diners) and direct bank transfers. Apart from that, entrepreneurs will be able to accept payments in digital currencies with support of the bank which will provide clearing procedures. At the same time, the bank will provide convenient and eective invoicing services. Having all these services provided by Forty Seven Bank, companies will have the opportunity to substantially decrease costs, increase eective- ness of working procedures related to financial management and get access to wide audience of potential customers. Now all those services would be available to developers through the api; developers would be able to do automated operations on a layer on top of the infrastructure which I think is a real advantage here and as mentioned there isn't a real direct competition as of yet. I am really into the api deal. Yes, there is no competition till now, FORTY SEVEN BANK has unique features which makes this one attractive investment. BTW my friend told that investors will also get some returns (like Dividend) based on future revenue. I am searching for details info. The Dividend is about 20%. For each €, one FSBL Token is generated. You can read about Benefit Model in "Token Holder Benefit" for more information. https://drive.google.com/file/d/0BwDjfDDrGhcsLTJOYzd1ZkZ0WU0/viewI have already read the benefits synonymous briefly, there are really great things here. and the early bird catches more worms here, there are better benefits for ICO participants. We should not miss this opportunity |
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At the moment, 2,3mio SVD are sold. I think tonight or tomorrow morning at least 50% of tokens are sold. My purchased tokens are still pending, but I'll buy some more tokens tomorrow
is someone here with a confirmed purchase?
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can I know token sale status now? I want to invest from my allowance, not much but enough to help support Luxcess Group in developing its platform.
Its very nice you want to invest in Luxcess. You message here gets me to raising another important things thats missing in the Luxcess website. Live ICO progress counter. Luxcess should have that and that will give extra confidence to the investors. As far as I know, you can currently register only for the whitelist. the sale does not start until 1.3. a counter would stay at 0 for the next 17 days:-) but good that you make luxcess aware, there have been many ICOs without counters, I hope they do not make that mistake |
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this company is the definition of being a sureshot of an FAIL!
guys, sell your BAR as long as you don't make any losses from the ICO and be glad you did...You'll see it in the next 3 months I guess..
greets Tyler from the Telegram Titanium Chat Room
Thanks for the message, I will immediately buy a few more BAR. I just looked into the telegram channel to see what your problem is. but couldn't find anything, and it is not that important to me. You're probably one who made a mistake himself and blames others i believe in the project and you should still buy tokens :-) |
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some of us (including me) have wondered why you open so many offices. in the whitepaper I found the answer:
To get Luxcess closer to people, we are going to open many new offices in 2018, 2019
and 2020. There, people will have the opportunity to find out more about the Luxcess
Group, where our colleagues will always be available for your questions. In addition to
this, it will be possible to buy, sell or change LXC tokens in these offices.
I wonder if you can pay in cash for kryptos in the offices
Opening offices is fine. How can people buy LXC tokens there in the offices? Is that means, all unsold tokens are going to be sold like this? How does this work? If all the tokens are sold out, how they get new tokens? in fact a good question. Maybe they help clients buy LXC tokens on exchanges and set up terminals for them. Or each office has its own reservoir of tokens for sale, and when supplies run short, they buy on exchanges? They also keep 30% of profits on withdrawals, if these 30% are also paid in tokens, they always get new ones. |
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I really like the concept that I can link all my different accounts in one application really. If I understand correctly, do I encrypt this application with my biometric data or log in with it?
In the meantime, every smartphone has a fingerprint sensor, which other parameters will be stored? and where? And most of all, how safe are my biometric data?
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This is awesome, the price just recovered and it's now at around 1.39 I hope that you guys bought during the dip a few days ago when it was sub 1$. Also take a look at this new interview with the CEO Michael Stollaire hosted by @officiallykeith This is the link to the youtube video : https://www.youtube.com/watch?v=fI0nVPLgJYY&feature=youtu.beReally great interview but it's a little bit long ( around 1 hour in total ) if you have the time then you should definitely check it out Yep, I said this last week to buy a load of BAR's around the ~$1 mark. Congrats if you got on board, almost 40% profit just off that, at current prices. I still think the crypto mark is going to grow and grow. If you're still in two minds about investing or not, take a look at this video: https://www.youtube.com/watch?v=XAczAfeXvEoIt will give you a more of a understanding of the project goals and problems it will solve That's just a good example how fast the market situation can change. A few days ago we had some angry guy here in the thread, was upset that he bought Titanium and was happy that he sold-it. Should have sticked to his BARs  oh yes, i remember this guy. maybe we should ask him, what he think now of titanium and the value of BAR:-) many are not suitable for the world of cryptocurrencies, they lose their nerves too fast. In some cases I can understand it, because some people are totally desperate, invest their last money in cryptos and hope for a rapid increase in value to feed their family. This happens often enough. but when it comes the time the course breaks in the short term (BAR was only a few minutes below the ICO price) they lose control because they believe they have lost everything. If some of this guys read this, let me tell you: you do not have to worry about losing money at BAR |
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some of us (including me) have wondered why you open so many offices. in the whitepaper I found the answer:
To get Luxcess closer to people, we are going to open many new offices in 2018, 2019
and 2020. There, people will have the opportunity to find out more about the Luxcess
Group, where our colleagues will always be available for your questions. In addition to
this, it will be possible to buy, sell or change LXC tokens in these offices.
I wonder if you can pay in cash for kryptos in the offices
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I'd imagine we will see a number of big purchases from whales purchasing up additional bulk coins to shore up their investments considering the popularity of the ICO so far. So we might see some big jumps over the next week
true, I have not thought of the whales yet. I do not know how many have struck in pre-sale, but I can well imagine that there are still some who want to invest a really big amount. Find Savedroid is very interesting for big investors. So it may well be that the sale is over at the beginning of the week, when now a few whales get started |
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Did anyone saw page number 14? They are offering some multi asset account like IBAN (EUR, USD, etc.), crypto wallets (BTC, ETH, etc.), investments if customers contributes between 0.1 ETH to 1 ETH.
Hello. Yes - that is correct. It will be a bridge between crypto and fiat world  this is really a great thing for me. You hear more and more about banks that do not want to accept transfers from crypto exchanges anymore, so in the future it might be difficult to convert your coins into Fiat if you need them. 47BK solves this problem simply because you have one account for Fiat and crypto. really amazing |
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Sitting here watching the ico page is just astonishing their already over 2b coins sold, and its moving quite fast. I've actually taken to have the savedroid page open on my second monitor because i find it funny just how fast the millions of tokens keep getting sold, i continue to be impressed how well the demand is keeping up into the coming days. Doesn't appear to be letting up at all lol
The fact that the ICO is moving really fast is great. I know from other projects that I followed, that the number of tokens that get sold is huge right after the start of the ICO and then it drops drastically. It's nice to see, that the money keeps coming in for savedroid. they have now sold 33% of the tokens in 24h. the whole reservations are now sold, now it is to be seen, how long it takes for the remaining 67%. Of course, it was initially through the reservations very quickly. many had the worry to get no tokens (I had that too :-)) It will be rumored how fast the pre-ico went and how many tokens were sold in the first 24h. that will lead to fomo and then the rest of tokens are gone within a week :-) |
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Luxcess write on the homepage, that there will be extra rewards for loyality, meant hodler. Does anyone know how these rewards can look like? I have not found anything in the whitepaper, but maybe just overlooked
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Did anyone saw page number 14? They are offering some multi asset account like IBAN (EUR, USD, etc.), crypto wallets (BTC, ETH, etc.), investments if customers contributes between 0.1 ETH to 1 ETH.
yes, have seen this too. there are a lot of benefits for early investors. also you can get a visa credit card if you invest more, and other cool things if you invest really much money. unfortunately i do not have so much money. but i will be glad with the multi asset account And have you seen the benefits for token-holders? they are really huge, you can see them in a own document on the homepage. Not many will sell FSBT at these benefits :-) |
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This is awesome, the price just recovered and it's now at around 1.39 I hope that you guys bought during the dip a few days ago when it was sub 1$. Also take a look at this new interview with the CEO Michael Stollaire hosted by @officiallykeith This is the link to the youtube video : https://www.youtube.com/watch?v=fI0nVPLgJYY&feature=youtu.beReally great interview but it's a little bit long ( around 1 hour in total ) if you have the time then you should definitely check it out Yep, I said this last week to buy a load of BAR's around the ~$1 mark. Congrats if you got on board, almost 40% profit just off that, at current prices. I still think the crypto mark is going to grow and grow. If you're still in two minds about investing or not, take a look at this video: https://www.youtube.com/watch?v=XAczAfeXvEoIt will give you a more of a understanding of the project goals and problems it will solve That's just a good example how fast the market situation can change. A few days ago we had some angry guy here in the thread, was upset that he bought Titanium and was happy that he sold-it. Should have sticked to his BARs Yeah man I bought in at sub $1 which is way lower than ICO price, crypto markets are definitely going to pick back up again, I keep seeing bullish tweets/alerts everywhere and some experts are even hinting at $50,000 per bitcoin by the end of this year and if that happens a lot of these cryptos will be linked to BTC price and rocket! congratulate for the low entry price. Your investment will surely pay off. I missed the entry, but also had to wait for some ETH that arrived too late. 50,000 for a Bitcoin? I can not believe that would be too much. but if he goes up well and pulls the ALTs I do not mind if I can buy a bigger Christmas tree at the end of the year :-) |
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Payment succesfull and can't wait that I receive my Token in 3 to 5 days.
Is it possible to buy more Token, with a different payment method?
yeah, i got mine too! now pending for 3-5 days, but i can wait:-) of course you can buy more tokens now, you could also change the payment method yesterday. just log in and click on "buy tokens" I also think about to buy some more:-) |
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I've already wondered what I do when I really earn a lot of money with cryptocurrencies. 47BK could help me with the decision: I just set up my own bank :-) the possibility to build my bank based on their platform is really fascinating.
And that is not the only possibility that offers itself here, but I have to read a lot of information now. how could 47BK stay under my radar for so long?
I really like the idea that I have my own Bank Account Management, Deposit and Loans, Investments and Brokerage and Others in one app sounds good. Having your own bank is awesome xD. But really important question though what will happen when the funds are stolen ? Will the devs give the money back to the investors ? This is really important to know. wich funds to you mean, the funds that deposit my potential customers in my bank opened by me? think for that I would be responsible or do you mean the deposits at the ico? I believe ICO investments will be replaced by 47BK should they be stolen. it's all about their reputation |
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if plans for this project are properly carried out, this project should be a hit. it now all depends on the team to carry us all along
Yes, this is big test for Luxcess, even though they are in business for years. But managing business which spread cross globe is bit different. Any business or project is a challenge. But when it comes to finance, it will become huge challenge. With the 5 years of experience, Luxcess can make it success. Thats my hope. Yes but considering their already in the financial market, i think they will handle the new challenge well, i mean their just taking what their already doing and twisting it a bit and growing it out. I'm not saying it won't be a challenge but from the discussions that i've seen here and in their telegram the team seems to have their heads in the right place for a big ICO. I think finance they can get it from the ICO, but they have planned to open offices in lot of countries in very less time. That's possible but managing it is not that easy. Offices doesn't mean a big multinational corporate headquarters in every location, for all we know it will be a small frontend 2 person desk just for a place for clients to have a face to face with members of the team and be able to do business face to face. Just because they want to open offices in these countries doesn't mean its necessarily going to be a massive office that would drive up cost and complexity. I'd imagine most will be small satellite offices to have a face to bring peice of mind in country but i guess the team will confirm that. Exactly, the offices will surely be with minimal personnel. two or three people can manage an office easily, it just depends on you expect from such a office. The way I see it, those are just going to be representatives that will handle the the bureaucracy (which can be a real pain in some countries), and maybe offer local support for customers. I don't see why its going to be hard to manage that. Nowadays everything is becoming digital. Soon AI is going to be everywhere. So who cares about how many offices each and every project will be having. people from work from home always in the future. So is that means, they have so many branches across the continent? In the end, how much project like Luxcess is delivering is the important point. People still care about offices, trust me on that, most people still prefer the old way of life, just as you see people still ride vintage cars because they love it, preferences should be given, banks are going digital but they still have offices i guess you are right. i also think that the guys from luxcess do not open the offices just for fun, they have surely thought about it very long. The know what they are doing. i will invest in the ico, but it is a long time until march, from me, it could start earlier |
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