I heard it again in the news today, the EU is planning to regulate the crypto market. Of course there is no exact information what they are going to do. But I think someone from the 47BK team might have more insight there. Do you know something more?
Yes I saw this too, yesterday the French regulator announced that crypto-advertising is banned and online trading platforms need to get authorisation to operate, similar to the Korea situation. Obviously not great news because its more FUD which we don't really need at the moment as markets are still recovering. This article from the FT explains the situation - https://www.ft.com/content/7d80c76a-17ba-11e8-9376-4a6390addb44This highlights the need of FCA authorisation for 47 Bank and shows how important it is for ICO's continue to up their game in terms of compliance and regulation. last year it was really nice, as most of the governments had no idea about crypto-currencies:-) I'm not saying that regulation is bad in itself, but I would prefer it if they did not control everything Well considering the information we have from them already it seems that their one of the few ICO's that is on top of the regulation requirements or at least their trying to be as on top of them as they can be, but considering Crypto is a worldwide currency and the darn regulations are constantly shifting in the various countries it's a moving goal post that i imagine ICO's will be struggling to comply with, and governments will also be struggling to enforce, especially with some of the ICO's that are less transparent than 47bank Valid point, Forty Seven Bank whitepaper gave an insight on the regulatory body(ies), which gives a significant proof that the project is adhering to such regulations, be that as it may, regulations are meant to keep things in check, the market may panic a little but will definitely bounce back, we are talking about billions of dollars been invested in crypto, is a thing that has come to stay |
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Not a single extra token will be created? So the maximum number of coins will never exceed the number sold?
Not sure if you're new to ICOs but you should understand that creating extra tokens is absurd, that's like playing with your project, be specific, as been specific, speaks volume of who you are as a person and that also refers to how good a project is, if a project lacks that, then is of no good |
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ich habe jetzt meine referer angeschrieben, ob sie kyc gemacht haben. bei einem steht kyc completed. in der box purchased tokens steht ein betrag, aber bei confirmed steht 0, wann werden die in die balance übertragen?  this is what i got using google translate "KYC is after the investment, we will send you an email when it is ready for you and you must add the information on the ICO Dahsboard" ja, du hast recht Yes you are right lately I notice more and more such postings. I think that's bots. but not quite mature, because the grammar is really often horrible. I do not understand the meaning behind it either, but maybe they just want to level the bot accounts for signature campaigns. which will be difficult without merits :-) It seems the KYC process is a concern to many; i really can't understand why; almost all ICO I have participated on or seen do KYC on their contributors so not really sure what the fuzz is all about. Is it still a cause of concern?, unless the individual is new to ICO, then i will understand but if is otherwise, then is an amusement to see people talk about this all the time, instead of saying other things positive and make this thread vibrant, all i want to see is constructive criticism about this project and a healthy discussion |
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Because I'm really curious: will there be a beta app that we try as a pre-ico buyer? I would really like to look at it from the beginning and possibly tell you about my impressions
Good question, really would be nice if their was a way that investors could get an early look at what to expect and what we will see out of the platform, as the entire idea is great, but actually seeing how it will line up with expectations the sooner is the better as it will allow investors to also give feedback earlier and perhaps help to catch missteps before they happen to push for a successful product longterm. You're right, such should occur at least, few weeks before the actual launch of the project, this will invariably boost the confidence of the investors and yet to be investors, as they say, seeing is believing, gaining trust from the community is of utmost importance and when that happens, the community will be the one to spread the good news of Forty Seven Bank, all the team will do, is sit back and watch their market grow According to the roadmap around page 52; the deployment of software should happen between Feb and March. So it should be in process now.I am eager for the bank application license to be honest. Okay, that's great but is it like the beta test or the actual launch of the software/app?, it will be nice to really get a heads up on this in terms of date and the formalities needed, if is a test, few selected individuals in the community can be chosen on a random pattern to do the test, it will lead to a buzz/boost, if is the actual product test, still no problem |
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Ladies and Gentlemen! Today we have a good new! The minimal pre-sale and sale deposit now is 0.1 ETH. That's really good information for those, who was worried about the high enough deposit limit!!!
Is this official or just another random news?, if it is authentic, then is a welcome development and it will surely accommodate more individuals into the Luxcess community, more people, more publicity, i think i love this approach and where its heading This is the official statement, yes  📣🔥PRE-SALE UPDATE🔥📣 Hello everyone Where should we start? In recent weeks, there have been quite a few worrying e-mails to our email address. The theme of all, of course was Pre-sale and a fixed minimum contribution. If we look at all the responses, people are a bit worried that they will not be able to participate in the Luxcess Group ICO, because they fear that there won’t be enough tokens. There is only 28,000,000 tokens are available for sale. From the very beginning, when the project was still under development, we decided to give an opportunity, also to those who would like to invest with a small amount of money. If you've been following us from the very beginning, you know that Pre-sale was 18 days long, with a minimum deposit of $ 5,000. Because of all the worried people and their fear of missing the chance to become part of the Luxcess Group, we later reduced Pre-sale to 48 ur. However, the minimum input remained unchanged. Because the public's concerns continued, we said that we had to do something about it. The whole team sat down, we thought things through and decided on a bold move that will allow, in one hand, to become accessible to everyone under the same conditions and, on the other hand, increase demand and interest in the LXC token. 👇👇👇👇👇👇👇👇👇👇👇👇👇 The minimum contribution in pre-sale and sale is 0.1 ETH. 👆👆👆👆👆👆👆👆👆👆👆👆👆 So do not miss the opportunity and become part of the great Luxcess family. Luxcess group Okay, now i get the actual reason why this was done, initially, i thought it was a case of high investment rate, not knowing that it was a case of more people coming on board due to a the low supply in quantity, now that's really a sweet thing, as it shows that more people want to be part of this and with the small amount of supply and high community base, this will surely increase the value of the token |
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I just "stumbled" on your side. Looks very promising at first glance.
I wanted to ask if you build these power plants yourself or if they already exist, but then I have already found the answer in the whitepaper. Is such a power plant really built so fast that you can start this year? Would of course be great and a great investment incentive
Will be interested to know about your findings from the whitepaper Friend. Enlighten us more on it. Please don't tell me to go read the white paper cause not everyone likes to read these days  #i am one of such. Thanks mate. Well, i'm still on it but in summary, specifically to the blockchain mining, the energy consumption is alarming, as stated on the whitepaper, as of December 2017, bitcoin mining energy intake has officially surpassed the entire energy consumption of Denmark, as you can see, this is worrisome , the world relies on burning of coal and oil but with the high consumption rate, it will be unsustainable, so 4NEW is an eco-friendly project that converts waste to energy. that will in turn be sold to the national grid or applied to operate mining processes at its onsite mining farm |
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PolySwarm is the first decentralized marketplace where security experts earn income by operating cutting-edge micro-engines that compete to protect users and enterprises.
Wow that's the great...
The first of it's kind in the crypto space such huge potentials... We all know that pioneer effect.. Where the first of anything is usually the leader, take bitcoin for example... so early adopters and investors of polyswarm are already in luck here  You're wise, "the pioneer effect" can never be underestimated, look at world brands that came into the map before others and where they are now, they are unshakable and deeply rooted with an outstanding financial base, looking at this and with polyswarm in the picture, i think it should give the community a clear picture of what this entails |
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Wow the ratings are very high of Savedroid, and they are showing it on their site. They got a 4.8 from Trackico, and the lowest is from Icobench 4.0. I did not expect such high ratings. Normally a ICO has different ratings, but with Savedroid they are above 4.0 !
Is expected for such to happen, when you solve a problem, you make the people happy, when you do that, you create the market, when that happens, you make money, savedroid has the needed factors to survive and to grow, the whitepaper has substantiate that fact |
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Because I'm really curious: will there be a beta app that we try as a pre-ico buyer? I would really like to look at it from the beginning and possibly tell you about my impressions
Good question, really would be nice if their was a way that investors could get an early look at what to expect and what we will see out of the platform, as the entire idea is great, but actually seeing how it will line up with expectations the sooner is the better as it will allow investors to also give feedback earlier and perhaps help to catch missteps before they happen to push for a successful product longterm. You're right, such should occur at least, few weeks before the actual launch of the project, this will invariably boost the confidence of the investors and yet to be investors, as they say, seeing is believing, gaining trust from the community is of utmost importance and when that happens, the community will be the one to spread the good news of Forty Seven Bank, all the team will do, is sit back and watch their market grow |
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Ladies and Gentlemen! Today we have a good new! The minimal pre-sale and sale deposit now is 0.1 ETH. That's really good information for those, who was worried about the high enough deposit limit!!!
Is this official or just another random news?, if it is authentic, then is a welcome development and it will surely accommodate more individuals into the Luxcess community, more people, more publicity, i think i love this approach and where its heading |
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Although I think there is a good interest in cyber security experts and the blockchain makes it feasible for experts to cooperate if the tokens are rewarding, but I think most of the security related issues on exchanges with huge thefts as a result could have been avoided
While i agree, you have to also remember the crypto market security is only a very tiny piece of the overall security research market, so while its probably the initial target of polyswarm the fact is the market for security research and reward is massive. Security vulnerabilities is a huge industry in itself, so anything that can streamline that process and the work vs reward paradigm would be a huge benefit. The trick is to keep the Polyswarm tokens valuable as an incentive. Just think about where cybersecurity plays an important role. Big companies that need to protect their industrial secrets. Even for governments, cybersecurity becomes more and more important. Yep, theres more and more companies / sensitive projects etc who require very high level of protection. After 5 million tokens have sold the 20% bonus will be taken away, get some whilst you still can with the generous bonus. https://tokensale.polyswarm.io/Thats true. Secutiry and high level protection is extremely important any companies whether it is big or small, it does not matter. Polywarm will become huge when these companies start implementing the product/services of Polyswarm. There are things i look in a project before investing, what does this project offer?, what are the problems that it intends to solve?, knowing this will determine how valuable such token can be now or in the future, polyswarm has a huge problem to fix, which invariable means a huge market, so is easy to understand why they are selling fast |
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Actually true but some projects have made it big by actually just being on only ED through pumping and market strategies before they eventually move on to other exchanges.
Honestly while exchanges help to get visibility out their, they aren't a huge roadblocker for a quality project, i mean if if the project is in demand enough and people want to get it they will go to etherdelta or idex to get the coin. The fact is relying on huge big exchanges as the only source of growth isn't a longterm strategy for success. The team like savedroid have their own plans beyond just exchanges to increase demand and increase tokens perceived value which is what really matters at end of the day. Savedroid is a utility token and as such has its plans and projections to make it successful... And rightfully like you said listing on exchange is not the only factor that is going to make it a success You can say that again, i understand, many see it as just another token to dump but look on the bright side of this and the importance of such in our everyday lives, its advantages is boundless but only a few understands what this token will do in the future and the benefits that awaits holders |
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I'm just having a coffee break and reading a bit in the white paper.
There I see under Product for Business the point "Biometric POS terminals"
Can I imagine this as in the movies, the customers go to the terminal and scan their eyes for the login?
We are in negotiation with them at the moment and we plan to get listed in April, just right after the ICO end! Awesome, guess Forty Seven Bank is really committed to this project, i was thinking, perhaps it will be like a future project but alas!!!, is April, significance of a solid project with a first class team, enough said, this project is riding in an uncharted territory and they will own it |
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Perhaps some work has already been done and some stages have been passed.
The project will be implemented in any case, regardless of the fees?
The project will be implemented as soon as they reach softcap, i guess. Yeah this is generally true but if the hardcap won't be reached, the project will continue with reduced goals, lets see how the event in Moscow goes, this will give us a good idea which direction this project is headed Yes, though a lot are yet to be implemented by the team, we all are still hopeful of this project, is not easy achieving the needed feat in such project, with the overwhelming number of ICOs springing up everyday, is now a very competitive niche and only the greatest will be victorious Yeah, but Luxcess Group looks very competitive among the rest, doesn't it? Well, all ICOs are different, each has their own unique properties and niche, so i won't really say because they can't be compared on same level based on the aforementioned but yea, Luxcess does have is own uniqueness that gives them an edge in the financial niche |
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SVD team are in discussion with various exchanges and expect the first confirmations soon. So you can either hold your SVD after the ICO and exchange them later for other cryptos or fiat on an exchange, or open an SVD account and use them to pay for your crypto-saving transactions. Investor have to touch with their team and telegram channel for exchange update. https://t.me/savedroidand one exchange that confirmed the listing is hitbtc right? but aren't they disclosing names of other exchange? at least those exchange they have contacted already. what do you think? It is a tough thing with many exchange revealing who you are talking to. As far as I know exchanges force you not to disclose talks with them; but the team can confirm this. Is a pretty tricky and tough thing to get listed in exchanges, many don't understand this and what it takes to get listed but it will happen, is just a matter of time before the dust settles and i think savedroid is really doing all they can to provide us with what we need |
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Just learned that the team is planning to be listed on several exchanges right after ICO ends. They are really working hard on achieving it. First, they want to be listed on smaller ones like EtherDelta, KuCoin and later they will be heading to bigger exchanges like Poloniex, Binance and Bittrex.
This would be a good target, and I think the fortyseven team are quite aware of this and have planned to be listed on: Binance, EtherDelta, HITBTC, Idex & LiveCoin I think forkdelta will be a better option as compared to etherdelta presently giving the recent hitches involved in Ed trading Anything other than ED would be great; Anything but ED; recently it is really acting crappy I am not sure why they did not even try to take it a notch. This would be a big news if the team is focusing on this. I really do agree with you guys. Ether dalta has really been unstable and acting crappy for some time now. Fork Delta on the other hand won't be a bad idea at all. But if they want to get listed in all the exchanges, then there won't be any issue at all since there will be options. Would love to see fortysevenbank listed on binance or bittrex - would really help the project get it's publicity. OMG...  Its amazing if it is happening. Binance and Bittrex is big and reputed exchanges in world. If 47Seven is listing there so cannot believe future price. Because having too much volume of trading. I would prefer forty seven bank get listed on Kucoin rather than Etherdelta i don't feel safe using it, have some of my friends who got burnt using etherdelta. Getting listed on Binance and Bittrex would be great, however listing on this exchanges are quite expensive hope they get the fund to get listed on this exchanges. If only there was a website showing a list of all the exchanges with the requirements to get listed, etherdelta has many fake duplicate websites as you have to provide your privatekey, as long as you are careful it should be safe, but ED exchange is not really user friendly I can't agree more with you, i honestly find it hard visiting etherdelta, is now a scary place for me, well, i think Forty Seven Bank knows what's best for them and the community, though some projects do start with ED and then spread to other better exchanges |
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Perhaps some work has already been done and some stages have been passed.
The project will be implemented in any case, regardless of the fees?
The project will be implemented as soon as they reach softcap, i guess. Yeah this is generally true but if the hardcap won't be reached, the project will continue with reduced goals, lets see how the event in Moscow goes, this will give us a good idea which direction this project is headed Yes, though a lot are yet to be implemented by the team, we all are still hopeful of this project, is not easy achieving the needed feat in such project, with the overwhelming number of ICOs springing up everyday, is now a very competitive niche and only the greatest will be victorious |
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exciting project, can't way to see what's going to turn out of this,any bounty of this?
I saw something about bounty payment in their white paper so I guess there is. But I really don't know much about it though I don't think thats the bounty in the way your expecting. "Bounty Manager: a collection of contracts for assessing threat via Bounties" - April 2018 I believe the above is what your referring to, and basically is part of what will drive the actual Polyswarm, basicallys its the incentive for security experts to use polyswarm to submit and report security vulnerabilities and actually make use of the system. You have to remember Polyswarm isn't just a random currency crypto, its a platform for security experts to have incentive to find and share security vulnerabilities that are found to help integrate the IT security field. Or thats how i understand it, so i don't think they were referring in any way to things like social bounties or anything like that. Which i sort of like as it means they are giving away less tokens and the tokens will maintain their high value after the coins full release to exchanges. Okay, so this means people (security experts) individually can contribute in developing Polyswarm product by reporting issues/vulnerability which they found in actual environment. Thats great! Yes, they tend to unlock potentials in dormant information security expertise by creating rewards for crowdsourced and collaborative malware detection, now this where the game changing sets in , this will allow enterprises and end users alike to obtain more complete threat coverage. |
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On their website it says that they think that the token price will be 1,64 euro i think it would be way more because this token is one of the best Savedroid can easily grow they sell everyday a lot of people are buying them now they are still cheap get yours now https://ico.savedroid.com/sale/. Yes, what they gave was a realistic estimate, which is wise of them, in every project, is very necessary to give investors a realistic approach of a business plan and not blow everything out of proportion in order to get the community, we all know savedroid is a nice project, so is expected that the price will go higher |
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Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API. we have already puzzled over this and already thought of the API. great that you want to do it that way. So I will be able to trade directly from my 47BK account on Exchanges. WOW! Is this the first bank to offer that for crypto thinking back and doing a quick google I’m not seeing any others that allow direct trading via third party markets from a Ebank account. If this works how I think it will it would be a reallly big selling point for people to utilize 47 especially if 47 can tie into some of the larger banks and take advantage of that liquidity if this works i will quit my actual bank account and move all my finances zu 47BK:-) I'm sure traditional banking is coming to an end and in a few years we'll be wondering how we could manage oour finances without 47BK Hmmmm truth is traditional banking system has their own usefulness and advantages which has made it survived until now so we may not be able to see a complete shift from traditional system to the modern system 47BK is bringing on. I agree with you on the fact that if fortyseven becomes successful with the implementation of its project there will be a significant push towards their banking system but it won't be that huge and like the old saying goes "somethings takes time" so we are going to see a gradual increase in adoption as time goes I agree on the part of traditional banking but lets face it, things are changing, before, we do walk into the bank for every single transaction but now, is different, no one expected cryptocurrency to go this far but today, here we are, so the shift will happen, it may take sometime but once Forty Seven Bank becomes successful, it will lead to a shift, everyone wants to identify with success probably banks like 47BK will not replace traditional banks. but I can well imagine that other banks look a bit off from projects like this. This is how the banking system is changing from both sides. And in a few years everything will be different Yes, implementations of such practices do take a lot of paperwork, regulations, etc, but in all, both parties want to make money, is a battle for survival, one third of the world is still yet to embrace cryptocurrency, the awareness is still yet to be known and if wildly accepted in the future, which they will,it will be an easy ride to implement such structure as the Forty Seven Bank |
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