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. Adding a custom token to MyEtherWallet , or in any wallet for that matter, is very common and manuals to do this can be found on plenty video platforms |
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What will happen with the unsold tokens? will they be burned or not even minted in the first place?
Good question. I didn't find anything about it in their Whitepaper and there is also no answer on Telegram, yet. I just hope that unsold tokens will be burned and not used for a second round of an ICO like other projects do. Indeed, some projects decide to generate the tokens after the sale has ended, other projects deposit the tokens directly to wallet, which will require the creation of the tokens before the sale ends, which is where the burning comes in |
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The KWATT Coin will interact with the miners to enable them access to the blockchain in order to mine currencies of their choosing. 4New's mining farm will be onsite of the WTE plant.
Id like to add that it is not necessary to run the mining farm on the same platform as the power plant, as a the electrical grid is already present Does this mean you will be extending wiring to said beneficiaries? How would it really work? say the grid is in the UK so this mean only those in it radius would benefit from it? it is possible to generate electricity anywhere there is an electrical connection, the grid is basically the electrical lines that are already hanging everywhere. Since the whole grid is interconnected, you can have your mining farm at a much more secure location, but in the same country. |
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Yes I saw this video early on, it is very good way to start with the video before proceeding to the white paper It gives immediately the necessery insight in how the security experts and companies benefit from this tech A long whitepaper, even if technically perfect and very detailed, can scare some people away. I must admit, sometimes I just don't want to go through dozens of pages of a whitepaper to check if the project is interesting to me. Such a short video is much better to arouse interest. Same. Sometimes when i read a whitepaper i don't understand it by making this type of videos it is easier to understand. It is short and quick. I must advise you guys also to read the whitepaper if you want the full details. Because it is all there. I think both are necessary for us to understand sometimes people talk about stuff that is not in the whitepaper land sometimes the video's do not tell us everything then we search it up in the whitepaper. videos only provide a short piece of information to make it more interesting, but if you want to understand a project better read the whitepaper there we can get complete information. Exactly, the video explains the basic mechanism of the platform and the role of the blockchain, but token mechanisms and more detailed explanation should definitely be looked up in the white paper |
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What will happen with the unsold tokens? will they be burned or not even minted in the first place?
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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 ? More than USA I think Japanese people using crypto currencies. And it's good to see FSBT is getting lot of attention in Japan Yes because a lot of amazing things started from Japan they are very big it is indeed amazing to see that fsbt is doing amazing there . I also start to see more often Japanese ICO's starting and doing airdrops, FSBT has been early with setting up a connection point in Japan |
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Yes I saw this video early on, it is very good way to start with the video before proceeding to the white paper It gives immediately the necessery insight in how the security experts and companies benefit from this tech |
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The KWATT Coin will interact with the miners to enable them access to the blockchain in order to mine currencies of their choosing. 4New's mining farm will be onsite of the WTE plant.
Id like to add that it is not necessary to run the mining farm on the same platform as the power plant, as a the electrical grid is already present |
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I was going over page 49 of the white paper and noticed that 20% of the 45% of the tokens will be used for mining, the rewards are given when users upload their medical data, but I wonder if this is similar to staking? is there PoW or PoS involved here?
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Please what is the difference if we have 10 mln coins priced at 5 USD or 100 mln coins priced at 0.5 USD? What is the difference? Don't you think that the main thing is market cap, not the price of a single token?
The performance of a project is indeed measured against market cap which is used to compare the percentages of total crypto market dominance of each coin/token, as you noticed tokens that are released in 100s of millions often are valued beneath 50 cents, whereas tokens released in 10s of millions between 1-10 usd, is there a link to 47B about this that I forgot to notice? |
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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. Is this for real? wow! I think they will eventually transform it to many more languages. They really want to capture all the investors they can lay their hands on. I like their style This sounds like a new development for the benefit of this project, Forty seven bank team keeps impressing me with there professionalism. I so glad to be part of this. It shows a list of the total amount of languages they have translated the website to on the top right of the home page. In total there are 1 languages; English, German, Russian, Spanish, Portuguese, Turkish, Italian, Dutch, Vietnamese, Indonesian, Chinese, Japanese and Korean. Quite an interesting list!! Wow amazing list, but I think you meant to write that there are twelve languages supported? I see you wrote 1 All these languages combined gives a pretty good global exposure of 47B |
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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 |
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I like how they are active on all of their social media accounts. On Facebook they are nearly posting everyday something on it, and on Twitter also. Keep it up !
This is a good marketing method, I hope they can keep it up with there daily posts on twitter and possible move on to reddit / medium to fully expand the publicity to the full potential resulting in more investors and more money raised I think bitcointalk is also as important to be present in. I understand other networks (precisely FB, Reddit and Twitter) are more quire than telegram in the sense you will be getting alot of noise in Telegram. But I think BTT is a good reference to many. This forum here is especially a great platform to discuss the project. No other platform can offer this as good as BCT. In Telegram it's spammy and hard to have a conversation. From my experience in reaching polyswarm in the past I think Twitter have a good response time compare to telegram https://mobile.twitter.com/PolySwarm, he should explore them if he don't get them on telegram Guys it's not less count. I guess max people are active on telegram channel. On Twitter we can see 3500+ Followers but if you can check telegram, 7.9 k members are active there. Yes but ico's usually post more and faster on their twitter than on their telegram but i would say to watch everything most of the time they post something else on their twitter and something else on their telegram. Social media is at its best these days and best suitable for ICOs. All ICOs are use that to the extent. but if you see Polyswarm, it is completely different and their approach is very different. But still they managed to cross to almost reach half of their hardcap target. The important factors of what makes an ICO successful changes rapidly over time, I have been using ratings since short only PolySwarm has been ahead of its time with their social media approach and the fruits are being picked |
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Renewable energy is fast becoming the preferred way of mining CryptoCurrency like Bitcoin as prices rise the industry craves for Hashing power. This is why 4NEW is a welcome development.
We need a lot of energy with mining and stuff but with 4New we can use the waste to create energy. This is one good way to get rid of the wastes and have profit from it. This is why I think the 4NEW project will be successful and will certainly change the cryptocurrency game if we can resolve the issue with energy/mining. I think eventually it has to come to that since even electricity usage (servers....etc) need to find alternatives and there are successful example where the whole electricity source is from the sun. So for approaching this through mining is a great idea given it has higher returns. Renewable energy sources is the future, we should start adapting it now but the type of renewable energy source that is practical depends on its geographic location. Low-pressure zones is suitable for wind-farms, high-altitude water streams for hydroelectricity, strong tides for tidal energy, zones with vulcanic activity geothermal electricity, zones with high solar flux for solar energy, and so on |
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I had come across aidoc project in time past but haven't come to fully understand what they got to offer but I have a bit of knowledge about the project and will be learning more about it in days to come
You can try going to their website here that will help you very much they do explain a lot there and it is a very clean website i have already started liking this project. Why is the site in a other language when i enter it ? Does it not have a automatic language chooser when you enter the site ? That would be better or maybe add a English flag so it becomes easy to spot it. AIDOC probably has a target audience that is more familiar with this language, I am pretty sure the English will be supported, going through the whitepaper atm |
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Renewable energy is fast becoming the preferred way of mining CryptoCurrency like Bitcoin as prices rise the industry craves for Hashing power. This is why 4NEW is a welcome development.
We need a lot of energy with mining and stuff but with 4New we can use the waste to create energy. This is one good way to get rid of the wastes and have profit from it. This is why I think the 4NEW project will be successful and will certainly change the cryptocurrency game if we can resolve the issue with energy/mining. Currently the electricity consumed to run a crypto mining farm come from major energy firms, if renewable energy can be implement for mining and the blockchain will be used by governments, I am pretty sure there will be financial support or tax advantages |
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Hey guys I just saw the Forty Seven Bank Token 2x offer on a suggested post on Facebook, I don't know if it came up because I regularly visit the 47Bank website but if not it's cool to see that they're using Facebook advertising.
looks correct, after others have already posted the link to the blog. Good that I have not invested yet, so a chance of double tokens should not be missed Looks amazing to me 2 times the same amount that is crazy by doing this they will gain a lot more people and investors i find it pretty amazing and i think i will invest too now i have the chance to actually double it easily. The double tokens is fine for sure, but how many people can win this contest ? I heard 10, but anyone can invest with a low amount so they can win easily. I am pretty sure that Forty Seven Bank has a mechanism in how to choose the winners for the x2 tokens so that it will be fair for both parties |
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I like how they are active on all of their social media accounts. On Facebook they are nearly posting everyday something on it, and on Twitter also. Keep it up !
They seriously need to keep doing it because if a project have a dormant social media, the public can easily term it as an abandoned or dormant project and that could affect their mind greatly. It's probably one of the most important parts of the project especially when its in the ICO stages and funds are very important at this stage to kickstart and fund the project The exposure of an ICO project to the social media should be maximalized at any time, but is not the most important parameter, I think the most important factor is how easy it is for the investor to realize that the application of the blockchain technology is indeed needed |
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I heard that SEC is ruling most of ico as security tokens.. will fsbt be considered as utility or security?
I cant answer this question entirely, but in their whitepaper I found: "Forty Seven Bank provides only non-financial benefits to our contributors and future holders of FSBT tokens." Non-financial benefits sounds to me like a utility token, which makes me think it is not considered as a security token |
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