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Author Topic: [ANN][ICO] 💠 FORTY SEVEN BANK 💠 – Connecting Financial Worlds  (Read 5007 times)
vireal
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October 02, 2017, 02:19:10 PM
 #1




October 2, 2017


Updates:
  • Bounty campaign added, you can find it here;
  • This section was added;
  • Badlinks were fixed.

October 4, 2017

Updates:
  • Russian and Turkish translations have been added;


October 9, 2017

Updates:
  • Moved the pre-ICO dates from 16th of October to 30th of October, but left the ICO dates intact, so no changes for bounty campaign participants. We made that decision based on the feedback provided be the community, we understood that we need more time to tell the people about our project in detail;
  • Added max FSBT token amount in ANN post’s description;
  • We received offers from people who want to participate in closed crowdfunding round before the main preICO, backing the project for large amounts of ETH. Incase there are more people who wish to do the same, please contact us in Telegram in order to receive more information;
  • We now have Turkish, French, Italian, Spanish and Russian local official Telegram groups, if you wish to speak with us on one of those languages – welcome.


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October 02, 2017, 02:23:21 PM
 #2

Looks promising. Your bounty link links to this announcement. That's because the bounty thread isn't live yet?

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October 02, 2017, 02:25:02 PM
 #3

I HAVE QUESTION HERE,
The document really confusing, may i know the total supply and unit price per ETH ?
FundCoin.io
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October 02, 2017, 02:25:17 PM
 #4

Hi, is it possible to participate with fiat?
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October 02, 2017, 02:58:34 PM
 #5

Looks promising. Your bounty link links to this announcement. That's because the bounty thread isn't live yet?

interesting project, looks promising project. there's any bounty campaign?


Here is Bounty post https://bitcointalk.org/index.php?topic=2225653


I HAVE QUESTION HERE,
The document really confusing, may i know the total supply and unit price per ETH ?


Total supply of FSBT tokens depends on pre-ICO and ICO results. One FSBT token costs 0.0047 ETH.

Hi, is it possible to participate with fiat?

No, it is not possible to participate with fiat. We accept ETH during pre-ICO and ETH, BTC during ICO.

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October 02, 2017, 03:04:13 PM
 #6

even though i had no intention of writting this comment but your website really catch my attention. to me this is one of the few ICO i have seen that give alot of detail about the program. the management board have good and traceable background, the goal and objective are spelt out well. however, i hope your bounty programme will be transparent because many ICO have turned to making use of participant and always coming out during after ICO with flaming excuse. I wish the ICO well and I will keep following the project

Brickblock.ioTHE FUTURE OF STOCK TRADING ON THE BLOCKCHAINBrickblock.io
REAL ESTATE FUNDS EXCHANGE TRADED FUNDS CRYPTO TRADED FUNDS
TelegramFacebook ❰ Crowd Sale starts 31st of October ❱ TwitterMedium
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October 02, 2017, 03:10:48 PM
 #7

even though i had no intention of writting this comment but your website really catch my attention. to me this is one of the few ICO i have seen that give alot of detail about the program. the management board have good and traceable background, the goal and objective are spelt out well. however, i hope your bounty programme will be transparent because many ICO have turned to making use of participant and always coming out during after ICO with flaming excuse. I wish the ICO well and I will keep following the project

Thank You very much for Your feedback.

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October 02, 2017, 03:19:18 PM
 #8

so the Pre-ICO and main ICO price is same 0.0047 ETH ?
am i right about this ?

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October 02, 2017, 03:24:04 PM
 #9

Looking on the Roadmap, it shows that the team are working really hard, It's just taking about 2 years to get full capacity of service.
That is really nice, good luck team.

AMBROSUS

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TRUSTED QUALITY OF FOOD & MEDICINE
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ICO SEPTEMBER 2017
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October 02, 2017, 03:40:34 PM
 #10

so the Pre-ICO and main ICO price is same 0.0047 ETH ?
am i right about this ?


You are right, the price of FSBT token is the same - 0.0047 ETH. However, there is min. contribution amount of 4.7 ETH during pre-ICO and 0.047 ETH during ICO. Bonus during pre-ICO is 30% and during ICO bonuses are the following: 1-3 days - 15%,   4-7 days - 10%,   8-14 days 5%,   15-28 days - 0% bonus, but bonus for quantity of tokens acquired. You can find out more about bonus structure in our White Paper on page #70 following the link:   https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view

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October 02, 2017, 04:00:19 PM
 #11

Looking on the Roadmap, it shows that the team are working really hard, It's just taking about 2 years to get full capacity of service.
That is really nice, good luck team.

Thank you very much for your feedback and comment. We are inspired to shape the future of banking sector with the support of crypto community!

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October 02, 2017, 05:23:29 PM
 #12

So, 47 heh?

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October 02, 2017, 05:32:54 PM
 #13

The website definitely looks better then most ICO projects, as well from the info provided on the webpage team has relevant experience. There has been many banking ICOs during the past few months... but isn't this sector in cryptocurrency already occupied? Huh Roll Eyes
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October 02, 2017, 07:07:04 PM
 #14

The website definitely looks better then most ICO projects, as well from the info provided on the webpage team has relevant experience. There has been many banking ICOs during the past few months... but isn't this sector in cryptocurrency already occupied? Huh Roll Eyes

We believe that this sector is in its early stage of development and we have clear vision regarding what the bank of the future looks like. Apart from that, our team has successful experience of developing financial technology products that had been registered in Financial Conduct Authority in the United Kingdom. We are sure there is still much space in the sector for newcomers and Forty Seven Bank is going to become one of them taking leading positions in short period of time. We will build the bridge between cryptocurrency world and traditional monetary systems by offering wide range of products and services for both.

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October 02, 2017, 07:32:12 PM
 #15

United States' residents will be restricted through the KYC process, correct?
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October 02, 2017, 08:13:36 PM
 #16

Joined the Bounty campaign and waiting oct 16 for buy some FSBT coins  Smiley

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October 02, 2017, 11:06:22 PM
 #17

So, 47 heh?


Yes, this guy, as a character, actually was around when we first came over this naming idea. Then we found out that number 47 is the most frequently encountered random number in the world (especially when you start to look for it). So, the idea to create the most frequently encountered bank there is, no matter where you are, became a founding stone of this project.

United States' residents will be restricted through the KYC process, correct?
Yes, that is correct.

Joined the Bounty campaign and waiting oct 16 for buy some FSBT coins  Smiley
That’s great! There is an option to subscribe for important emails on the website – feel free to use it and we will kindly remind you about pre-ICO when time comes.

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October 03, 2017, 09:12:10 AM
 #18

Will you have cards like real life banks do?

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October 03, 2017, 09:17:08 AM
 #19

From which countries will clients be accepted to the bank?





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FORTY
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  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


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October 03, 2017, 09:38:30 AM
 #20

Will you have cards like real life banks do?

Thank you for your question! Of course, Forty Seven Bank will provide full range of traditional banking products, as well as products and services for crypto world. One of our featured products will be Multi-Asset Account. According to Payment Services Directive 2 (PSD2) that comes into force in the beginning of next year, all EU banks have to grant access to their APIs to third party service providers. It means, that you will be able to have an access to all the accounts in different banks via one application. In our case - having Multi-Asset Account you will have the access to all your bank accounts, crypto wallets, investments in different assets (stocks, bonds, commodities, etc.) - in one application. And, of course, Multi-Asset Account will be connected to a card - Classic, Platinum or Infinite.

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October 03, 2017, 09:50:01 AM
 #21

Hi, i search for a crypto bank, that supports payments via NFC through mobile app. The only service, I knew disabled the NFC function through mobile app. Will you provide this funtion? Would be great.


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FundCoin.io
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October 03, 2017, 09:54:00 AM
 #22

Looks promising. Your bounty link links to this announcement. That's because the bounty thread isn't live yet?

interesting project, looks promising project. there's any bounty campaign?


Here is Bounty post https://bitcointalk.org/index.php?topic=2225653


I HAVE QUESTION HERE,
The document really confusing, may i know the total supply and unit price per ETH ?


Total supply of FSBT tokens depends on pre-ICO and ICO results. One FSBT token costs 0.0047 ETH.

Hi, is it possible to participate with fiat?

No, it is not possible to participate with fiat. We accept ETH during pre-ICO and ETH, BTC during ICO.


ok, i get it
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October 03, 2017, 09:58:26 AM
 #23

I can see from roadmap there will be integration into SWIFT system at later point. That has been compromised with security system why don't you use blockchain fully for transactions ? I didn't not read the whole concept with details so will be following to understand well everything before making any decision.

...


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October 03, 2017, 09:58:57 AM
 #24

From which countries will clients be accepted to the bank?

Individuals from all the countries (except FACTA and sanction lists) will be able to become the clients of Forty Seven Bank. In the beginning we will work with business customers from the EU and in future with the growth of the bank we will expand our operations with businesses to other countries.

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October 03, 2017, 10:02:17 AM
 #25

At last, a banking ICO with a bank website.

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October 03, 2017, 10:13:00 AM
 #26

At last, a banking ICO with a bank website.

Thank You, we are glad to read that!

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October 03, 2017, 10:23:22 AM
 #27

At last, a banking ICO with a bank website.

Thank You, we are glad to read that!
this is a interesting concept...to look for in the future

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October 03, 2017, 10:34:21 AM
 #28

At last, a banking ICO with a bank website.

Thank You, we are glad to read that!
It's true. For most other financial ICOs it's obvious they lack the resources needed...

Where do you plan to incorporate?

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October 03, 2017, 10:38:29 AM
 #29

Hi, i search for a crypto bank, that supports payments via NFC through mobile app. The only service, I knew disabled the NFC function through mobile app. Will you provide this funtion? Would be great.

In most cases it all depends on OS. At the moment Apple doesn't allow such features from third party applications, while Android does. This all might change in the future. If by the time we are ready Apple and Android policy will stay the same, we will launch NFC payments on Android. If Apple suddenly allows such feature, we will definitely put this task on our goal list.

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October 03, 2017, 10:38:50 AM
 #30

Honestly I have to leave the signature campaign I'm in after seeing this ico when I saw there is a bounty campaign for this coin I strongly believe in this project it has a good future in the market so goodluck to all of us.

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October 03, 2017, 10:49:47 AM
 #31

I can see from roadmap there will be integration into SWIFT system at later point. That has been compromised with security system why don't you use blockchain fully for transactions ? I didn't not read the whole concept with details so will be following to understand well everything before making any decision.

Our concept is to unite crypto world and traditional monetary systems - we will provide full range of products and services for both.

Forty Seven Bank will offer SWIFT, FPS as well as other traditional methods and most popular cryptocurrencies, as they are commonly used nowadays by majority of people.

However, internal transactions and whole system of the bank will be built on the basis of blockchain technology. If you wish to know how exactly we plan to integrate blockchain into the ecosystem of Forty Seven Bank, please check our White Paper starting from page 29 – we have it covered this in details.

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October 03, 2017, 11:00:07 AM
 #32

I can see from roadmap there will be integration into SWIFT system at later point. That has been compromised with security system why don't you use blockchain fully for transactions ? I didn't not read the whole concept with details so will be following to understand well everything before making any decision.

Our concept is to unite crypto world and traditional monetary systems - we will provide full range of products and services for both.

Forty Seven Bank will offer SWIFT, FPS as well as other traditional methods and most popular cryptocurrencies, as they are commonly used nowadays by majority of people.

However, internal transactions and the whole system of the bank will be build on the basis of blockchain technology and it is well described in our White Paper how exactly we will integrate the technology into the ecosystem of Forty Seven Bank.
what is fps?

where will the IBANs be issued on?

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October 03, 2017, 11:04:42 AM
 #33

if seen from a good working structure, it seems like this will be the fastest-response project ever, interestingly, it will be one of the list of potential projects for success, hopefully running well, I'm waiting for further developments, good luck with your project

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October 03, 2017, 11:08:50 AM
 #34

At last, a banking ICO with a bank website.

Thank You, we are glad to read that!
It's true. For most other financial ICOs it's obvious they lack the resources needed...

Where do you plan to incorporate?

Forty Seven Bank will be incorporated in London, the United Kingdom.

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October 03, 2017, 11:16:54 AM
 #35

Honestly I have to leave the signature campaign I'm in after seeing this ico when I saw there is a bounty campaign for this coin I strongly believe in this project it has a good future in the market so goodluck to all of us.

Thank you for joining our bounty campaign and for your opinion regarding our project!

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October 03, 2017, 11:25:55 AM
 #36

This nice concept to build a cross platform payment system I would like to ask your debit card will be integrated directly into blockchain because there is complicated method in introduction page like normal bank debit card.

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.................Crowdsale - Sep 29th..................
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October 03, 2017, 11:52:21 AM
 #37

What will be the benefits for backers?





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  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


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October 03, 2017, 11:57:57 AM
 #38

I can see from roadmap there will be integration into SWIFT system at later point. That has been compromised with security system why don't you use blockchain fully for transactions ? I didn't not read the whole concept with details so will be following to understand well everything before making any decision.

Our concept is to unite crypto world and traditional monetary systems - we will provide full range of products and services for both.

Forty Seven Bank will offer SWIFT, FPS as well as other traditional methods and most popular cryptocurrencies, as they are commonly used nowadays by majority of people.

However, internal transactions and whole system of the bank will be built on the basis of blockchain technology. If you wish to know how exactly we plan to integrate blockchain into the ecosystem of Forty Seven Bank, please check our White Paper starting from page 29 – we have it covered this in details.
what is fps?

where will the IBANs be issued on?

FPS is Faster Payments Service - a UK banking initiative to reduce payment times between different banks' customer accounts from usual three working days to a few hours.
IBANs will be issued in the United Kingdom.

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October 03, 2017, 12:16:44 PM
 #39

What is the minimum/maximum investment in each stage?

I mean, in the Pre-ICO and the ICO.

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October 03, 2017, 12:25:23 PM
 #40

What will be the benefits for backers?

Token holders of FSBT tokens will get several important benefits:

1) They will be top priority clients of Forty Seven Bank and will receive yearly rewards in FSBL tokens that can be exchanged in our loyalty shop for wide range of different products and services, such as travelling, electronics, entertainment, clothing, etc. Forty Seven Bank will invest 20% of its net profit for previous year into loyalty program. The figure below describes this.



2) Token holders will be the first to try our products and services.

3) Developers and businesses who have FSBT tokens will be able to get full access to Forty Seven Bank products and services and will be able to upload their applications on Forty Seven App Platform or build automated business powered by blockchain and smart contract technologies.

These are the main benefits, but there are more of them.

Apart from that, contributors to our ICO campaign will get additional benefits from Forty Seven Bank based on the amount of their contribution.

You can find more information about this in our document Token Holders Benefits following this link:   https://drive.google.com/file/d/0BwDjfDDrGhcsLTJOYzd1ZkZ0WU0/view

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October 03, 2017, 12:45:42 PM
 #41

What is the minimum/maximum investment in each stage?

I mean, in the Pre-ICO and the ICO.

Minimum contribution on Pre-ICO is 4.7 ETH (1 000 FSBT tokens) and on ICO it is 0.047 ETH (10 FSBT tokens). There is no maximum limit on the amount of one contribution.

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October 03, 2017, 01:09:32 PM
 #42

Only personal accounts or business accounts also ?

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October 03, 2017, 01:10:42 PM
 #43

if seen from a good working structure, it seems like this will be the fastest-response project ever, interestingly, it will be one of the list of potential projects for success, hopefully running well, I'm waiting for further developments, good luck with your project

Thank you very much for your opinion! If you are waiting for further developments, feel free to subscribe to our updates on the website, so we could inform you about all important events and developments.

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October 03, 2017, 01:25:29 PM
 #44

Only personal accounts or business accounts also ?

Forty Seven Bank will provide wide range of products and services for individuals, businesses, developers, traders and other financial and governmental institutions. Business accounts will be available at first to companies from the European Union and we will expand our operations to other countries in future.

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October 03, 2017, 01:44:02 PM
 #45

I can see from roadmap there will be integration into SWIFT system at later point. That has been compromised with security system why don't you use blockchain fully for transactions ? I didn't not read the whole concept with details so will be following to understand well everything before making any decision.

The debit card from customer and merchant perspective will work like usual Visa or Mastercard debit card. The customer may decide to which type of account the debit card is bound when he or she signs an aggreement with Forty Seven Bank. It can be bound to Multi-Asset Account, fiat account, crypto-stable currency account or cryptocurrency wallet. First of all, the bank will check whether customer has enough funds and will approve transaction if customer has sufficient amount of funds in his account and simultaneously will lock these funds.  After that, funds either are withdrawn directly from fiat account or equivalent amount of cryptocurrency is withdrawn from customer cryptocurrency wallet. Funds may be converted between cryptocurrency and fiat currency using current exchange rate. Bank will have own nodes in major blockchains such as Bitcoin and Ethereum, store the customer wallet keys and manage customer wallets. So, there will be no problem for the bank to execute these transactions on behalf of our customers directly in blockchain.

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October 03, 2017, 01:50:29 PM
 #46

Only personal accounts or business accounts also ?

Forty Seven Bank will provide wide range of products and services for individuals, businesses, developers, traders and other financial and governmental institutions. Business accounts will be available at first to companies from the European Union and we will expand our operations to other countries in future.
Also crypto wallet ? Bitcoin, Ethereum . . .

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October 03, 2017, 02:17:34 PM
 #47

I see you offer businesses the possibility of launching applications in your platform. What requirements will businesses need to meet in order to launch their applications?

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October 03, 2017, 02:36:08 PM
 #48

Only personal accounts or business accounts also ?

Forty Seven Bank will provide wide range of products and services for individuals, businesses, developers, traders and other financial and governmental institutions. Business accounts will be available at first to companies from the European Union and we will expand our operations to other countries in future.
Also crypto wallet ? Bitcoin, Ethereum . . .

Yes, you will be able to manage all your crypto wallets via one application of Forty Seven Bank.

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October 03, 2017, 02:49:05 PM
 #49

Will you launch an Android and iOS app?





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October 03, 2017, 03:18:36 PM
 #50

Will you launch an Android and iOS app?

Yes, of course, Forty Seven Bank will have mobile applications on both operating systems.

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October 03, 2017, 03:23:01 PM
 #51

will all clients need to pass KYC identification?

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October 03, 2017, 03:59:28 PM
 #52

will all clients need to pass KYC identification?

Yes, all clients of Forty Seven Bank will have to go through KYC procedure.

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October 03, 2017, 04:11:32 PM
 #53

I see you offer businesses the possibility of launching applications in your platform. What requirements will businesses need to meet in order to launch their applications?

Business will have to go through standard KYC and AML procedures in order to open a bank account. In our case we will make a bank with remote identification, where a client will be able to  go through these procedures right via personal cabinet. After that, the client will get access to API and will be able to create his own web applications or bots or anything else.
Taking into account that all the critical data will be stored at our side, on the basis of our API our clients will have opportunity to concentrate on the development of their business and marketing. Developers will get commissions as technical service providers for customer attraction in convenient way for them - either in fiat or cryptocurrencies.

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October 03, 2017, 05:13:22 PM
 #54

What kind of security measures will you provide to clients' accounts?

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October 03, 2017, 06:06:38 PM
 #55

Will you launch an Android and iOS app?

Yes, of course, Forty Seven Bank will have mobile applications on both operating systems.
will they be available from the launch date?

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October 03, 2017, 06:43:10 PM
 #56

will you offer API or will developers need to use your application platform?

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October 03, 2017, 07:44:06 PM
 #57

Will you launch an Android and iOS app?

Yes, of course, Forty Seven Bank will have mobile applications on both operating systems.
will they be available from the launch date?
We are planning that mobile application is going to be available at the launch date. There might be a situation that we'll start with an iOS app and add Android during next two months after the initial launch, but we plan to release them both at once.

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October 03, 2017, 07:56:08 PM
 #58

What kind of security measures will you provide to clients' accounts?
Forty Seven Bank will build comprehensive and multi-layered security system to protect the assets and privacy of our client. We will develop and execute set of internal security policies that will cover such areas as:
- financial protection:
- maintaining reserves,
- hedging risks,
- physical protection of assets and important paper documents:
- safes & vaults,
- access control and monitoring,
- NDA contracts with employees,
- office entrance control system,
- surveillance system,
- regular security audits,
- electronic protection of digital data and information:
- data replication to several geographically distributed locations,
- data encryption for stored data and communication over public networks,
- network level security using firewalls and VPN,
- operating system security and regular security updates,
- digital signatures for important digital documents,
- multi-signature for important transactions,
- cold offline wallets for cryptocurrency,
- intrusion detection system,
- two-factor authentication for customers,
- fraud detection,
- protection agains DDoS attacks.

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October 03, 2017, 09:11:28 PM
 #59

You have few competitors in this area, but the problem is the same for you. How are you going to negotiate with banks to issue cards?

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October 04, 2017, 12:01:20 AM
 #60


October 4, 2017

Updates:

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October 04, 2017, 08:31:06 AM
 #61


October 4, 2017

Updates:
Which languages will the bank's website be translated to?





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SEVEN
   
  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


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October 04, 2017, 08:58:58 AM
 #62

What should I do to contribute to your project?
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October 04, 2017, 09:15:57 AM
 #63

When do you plan to launch your services publicly?

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October 04, 2017, 09:16:46 AM
 #64


October 4, 2017

Updates:
Which languages will the bank's website be translated to?

It depends on the community, but we plan to have Italian, French, German, Japanese, Chinese, Portuguese and others. Website is already available in English, Spanish and Russian.

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October 04, 2017, 09:33:29 AM
 #65

will you offer API or will developers need to use your application platform?

We will provide flexible, convenient and always improving API for developers who would like to launch their financial application using our identification system, scoring, KYC/AML, storage of critical data.

Developers who are using our API in their financial applications will be able to upload applications on our marketplace in order to get access to wide audience of clients of Forty Seven Bank, as well as to our partners.

Taking into account that all the critical data will be stored at our side, developers will be able to create cross-platform financial application using our infrastructure via API, upload it to Google Play or App Store and execute all the activities related to marketing by themselves.

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October 04, 2017, 09:44:07 AM
 #66

I saw you talked about scoring. Will you offer the ability to access credit scoring through API once the credit facilities are launched?

Of course, with prior approval of the account holder.

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October 04, 2017, 10:22:59 AM
 #67

What should I do to contribute to your project?

You will be able to contribute to our project via the cabinet on our web-page or simply sending ETH from your Ethereum wallet to the address of the smart contract.

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October 04, 2017, 10:29:12 AM
 #68

Do not you think that there are too much financial projects based on the blockchain already. And every new wants to get money at first.

HAZZA | ANN |  Global Unified Payment Network | Token Sale OCT 3
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October 04, 2017, 10:36:21 AM
 #69

Do not you think that there are too much financial projects based on the blockchain already. And every new wants to get money at first.
Look at the street, there's more than a bank. And every one has money Cheesy





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FORTY
SEVEN
   
  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


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October 04, 2017, 11:11:55 AM
 #70

How to call you? 47 Bank? Forty Seven Bank? The Forty Seven?

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October 04, 2017, 11:13:45 AM
 #71

What kind of security measures will you provide to clients' accounts?
Forty Seven Bank will build comprehensive and multi-layered security system to protect the assets and privacy of our client. We will develop and execute set of internal security policies that will cover such areas as:
- financial protection:
- maintaining reserves,
- hedging risks,
- physical protection of assets and important paper documents:
- safes & vaults,
- access control and monitoring,
- NDA contracts with employees,
- office entrance control system,
- surveillance system,
- regular security audits,
- electronic protection of digital data and information:
- data replication to several geographically distributed locations,
- data encryption for stored data and communication over public networks,
- network level security using firewalls and VPN,
- operating system security and regular security updates,
- digital signatures for important digital documents,
- multi-signature for important transactions,
- cold offline wallets for cryptocurrency,
- intrusion detection system,
- two-factor authentication for customers,
- fraud detection,
- protection agains DDoS attacks.
Impressive.

Do you guys have experience securing financial systems? It's obvious you have some real knowledge Smiley

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October 04, 2017, 11:40:36 AM
 #72

When do you plan to launch your services publicly?

We are planning to begin offering products and services as EMI and PI institution already in September, 2018. In June, 2019 we are already planning to get banking license.

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October 04, 2017, 11:45:24 AM
 #73

When do you plan to launch your services publicly?

We are planning to begin offering products and services as EMI and PI institution already in September, 2018. In June, 2019 we are already planning to get banking license.

That's a good roadmap I hope this could materialize this is huge I hope you have the best team to fulfil that roadmap and also marketing effort, any good project needs a good marketing I wish this project a success will bookmark this page for more update and progress.



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  THE FIRST    OF ITS KIND
  SELF-GOVERNED    ECOSYSTEM

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October 04, 2017, 11:47:26 AM
 #74

You have few competitors in this area, but the problem is the same for you. How are you going to negotiate with banks to issue cards?

As a bank we will have UK banking license and we will have Principal Membership in Visa/Mastercard, therefore we will be BIN sponsors and card issuers.

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October 04, 2017, 11:57:19 AM
 #75

How to call you? 47 Bank? Forty Seven Bank? The Forty Seven?

The name of our project is Forty Seven Bank, you are right.

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October 04, 2017, 12:03:49 PM
 #76

Do not you think that there are too much financial projects based on the blockchain already. And every new wants to get money at first.

World population is growing every year and we believe that demand for digital financial products and services is also growing rapidly. People are willing to get access to the most innovative, convenient and cost-efficient banking solutions.
Forty Seven Bank is going to take the leading position in digital banking and centralize operations with cryptocurrencies and fiat resources under its roof. Any demands related to financial management and analytics of our customers will be satisfied by the range of our innovative products and services.

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October 04, 2017, 12:05:10 PM
 #77

When do you plan to launch your services publicly?

We are planning to begin offering products and services as EMI and PI institution already in September, 2018. In June, 2019 we are already planning to get banking license.
Does that mean "real bank"? In what country do you plan to get the banking license?

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October 04, 2017, 12:57:45 PM
 #78

When do you plan to launch your services publicly?

We are planning to begin offering products and services as EMI and PI institution already in September, 2018. In June, 2019 we are already planning to get banking license.
Does that mean "real bank"? In what country do you plan to get the banking license?

Yes, we will be real bank, as you say and we will provide products and services for crypto world as well as for traditional finance world. We will get banking license in the United Kingdom.

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October 04, 2017, 01:06:45 PM
 #79

When do you plan to launch your services publicly?

We are planning to begin offering products and services as EMI and PI institution already in September, 2018. In June, 2019 we are already planning to get banking license.

That's a good roadmap I hope this could materialize this is huge I hope you have the best team to fulfil that roadmap and also marketing effort, any good project needs a good marketing I wish this project a success will bookmark this page for more update and progress.

Thank you for your opinion! You can also sign up for updates on our web-page.

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October 04, 2017, 01:14:39 PM
 #80

What kind of security measures will you provide to clients' accounts?
Forty Seven Bank will build comprehensive and multi-layered security system to protect the assets and privacy of our client. We will develop and execute set of internal security policies that will cover such areas as:
- financial protection:
- maintaining reserves,
- hedging risks,
- physical protection of assets and important paper documents:
- safes & vaults,
- access control and monitoring,
- NDA contracts with employees,
- office entrance control system,
- surveillance system,
- regular security audits,
- electronic protection of digital data and information:
- data replication to several geographically distributed locations,
- data encryption for stored data and communication over public networks,
- network level security using firewalls and VPN,
- operating system security and regular security updates,
- digital signatures for important digital documents,
- multi-signature for important transactions,
- cold offline wallets for cryptocurrency,
- intrusion detection system,
- two-factor authentication for customers,
- fraud detection,
- protection agains DDoS attacks.
Impressive.

Do you guys have experience securing financial systems? It's obvious you have some real knowledge Smiley

Yes, our team has substantial experience in this field.

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October 04, 2017, 01:22:46 PM
 #81

Hello There, tell me about my bonuses for donating? Thanks!
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October 04, 2017, 01:32:35 PM
 #82

Hello There, tell me about my bonuses for donating? Thanks!

1 FSBT costs 0,0047 ETH; in addition to that, you will get bonuses according to this bonus structure:

Pre-ICO: 30% bonus;

ICO days 1 – 3:  15% bonus;
ICO days 4 – 7:  10% bonus;
ICO days 8 – 14:  5% bonus;

ICO days 15 – 28:  these bonuses for quantity apply:
>500 tokens:  2% bonus;
>2500 tokens:  5% bonus;
>5000 tokens:  10% bonus;
>25000 tokens:  15% bonus.

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October 04, 2017, 01:42:36 PM
 #83

Hello There, tell me about my bonuses for donating? Thanks!

Pre-ICO: 40% bonus;

ICO:
days 1 – 3:  25% bonus;
days 4 – 7:  15% bonus;
days 8 – 14:  10% bonus;

days 15 – 28 – following bonuses for quantity apply:
0 – 10 tokens: бонус 0%;
11 – 100 tokens:  5% bonus;
101 – 1 000 tokens:  10% bonus;
1 001 – 5 000 tokens:  15% bonus;
5 000 – 10 000 tokens:  20% bonus;
> 10 001 tokens:  25% bonus.
For the volume bonuses do we need to send in one transaction or can we send in several from the same address?





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FORTY
SEVEN
   
  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


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October 04, 2017, 01:43:10 PM
 #84

Hello There, tell me about my bonuses for donating? Thanks!

Pre-ICO: 40% bonus;

ICO:
days 1 – 3:  25% bonus;
days 4 – 7:  15% bonus;
days 8 – 14:  10% bonus;

days 15 – 28 – following bonuses for quantity apply:
0 – 10 tokens: бонус 0%;
11 – 100 tokens:  5% bonus;
101 – 1 000 tokens:  10% bonus;
1 001 – 5 000 tokens:  15% bonus;
5 000 – 10 000 tokens:  20% bonus;
> 10 001 tokens:  25% bonus.
Excellent, thanks for your quick response. I have one more question: What is the minimum deposit amount on pre-ICO?
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October 04, 2017, 01:52:54 PM
 #85

Hello There, tell me about my bonuses for donating? Thanks!

Pre-ICO: 40% bonus;

ICO:
days 1 – 3:  25% bonus;
days 4 – 7:  15% bonus;
days 8 – 14:  10% bonus;

days 15 – 28 – following bonuses for quantity apply:
0 – 10 tokens: бонус 0%;
11 – 100 tokens:  5% bonus;
101 – 1 000 tokens:  10% bonus;
1 001 – 5 000 tokens:  15% bonus;
5 000 – 10 000 tokens:  20% bonus;
> 10 001 tokens:  25% bonus.
The bonus is quite a lot up to 40%, will attract a lot of enthusiasts to join in the pre-sale of this token. good luck.

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October 04, 2017, 01:55:58 PM
 #86

Hello There, tell me about my bonuses for donating? Thanks!

Pre-ICO: 40% bonus;

ICO:
days 1 – 3:  25% bonus;
days 4 – 7:  15% bonus;
days 8 – 14:  10% bonus;

days 15 – 28 – following bonuses for quantity apply:
0 – 10 tokens: бонус 0%;
11 – 100 tokens:  5% bonus;
101 – 1 000 tokens:  10% bonus;
1 001 – 5 000 tokens:  15% bonus;
5 000 – 10 000 tokens:  20% bonus;
> 10 001 tokens:  25% bonus.
So on Pre-ICO if I invest 50 ETH I will get:

(50/0.0047)*1.40 = 14893.6170213 FSBT tokens

Correct?

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October 04, 2017, 01:58:26 PM
 #87

Hello There, tell me about my bonuses for donating? Thanks!

Pre-ICO: 40% bonus;

ICO:
days 1 – 3:  25% bonus;
days 4 – 7:  15% bonus;
days 8 – 14:  10% bonus;

days 15 – 28 – following bonuses for quantity apply:
0 – 10 tokens: бонус 0%;
11 – 100 tokens:  5% bonus;
101 – 1 000 tokens:  10% bonus;
1 001 – 5 000 tokens:  15% bonus;
5 000 – 10 000 tokens:  20% bonus;
> 10 001 tokens:  25% bonus.
Excellent, thanks for your quick response. I have one more question: What is the minimum deposit amount on pre-ICO?

Hello There, tell me about my bonuses for donating? Thanks!

Pre-ICO: 40% bonus;

ICO:
days 1 – 3:  25% bonus;
days 4 – 7:  15% bonus;
days 8 – 14:  10% bonus;

days 15 – 28 – following bonuses for quantity apply:
0 – 10 tokens: бонус 0%;
11 – 100 tokens:  5% bonus;
101 – 1 000 tokens:  10% bonus;
1 001 – 5 000 tokens:  15% bonus;
5 000 – 10 000 tokens:  20% bonus;
> 10 001 tokens:  25% bonus.
The bonus is quite a lot up to 40%, will attract a lot of enthusiasts to join in the pre-sale of this token. good luck.

Hello There, tell me about my bonuses for donating? Thanks!

Pre-ICO: 40% bonus;

ICO:
days 1 – 3:  25% bonus;
days 4 – 7:  15% bonus;
days 8 – 14:  10% bonus;

days 15 – 28 – following bonuses for quantity apply:
0 – 10 tokens: бонус 0%;
11 – 100 tokens:  5% bonus;
101 – 1 000 tokens:  10% bonus;
1 001 – 5 000 tokens:  15% bonus;
5 000 – 10 000 tokens:  20% bonus;
> 10 001 tokens:  25% bonus.
So on Pre-ICO if I invest 50 ETH I will get:

(50/0.0047)*1.40 = 14893.6170213 FSBT tokens

Correct?

Sorry, the last bonus structure was old one, we have updated it a long time ago already, here is correct one:

1 FSBT costs 0,0047 ETH; in addition to that, you will get bonuses according to this bonus structure:

Pre-ICO: 30% bonus;

ICO days 1 – 3:  15% bonus;
ICO days 4 – 7:  10% bonus;
ICO days 8 – 14:  5% bonus;

ICO days 15 – 28:  these bonuses for quantity apply:
>500 tokens:  2% bonus;
>2500 tokens:  5% bonus;
>5000 tokens:  10% bonus;
>25000 tokens:  15% bonus.

Sorry for confusion!

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October 04, 2017, 02:00:59 PM
 #88

So on Pre-ICO if I invest 50 ETH I will get:

(50/0.0047)*1.40 = 14893.6170213 FSBT tokens

Correct?

You will get (50/0.0047)*1.3 = 13 829.7872 FSBT tokens

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October 04, 2017, 02:03:08 PM
 #89

I saw you talked about scoring. Will you offer the ability to access credit scoring through API once the credit facilities are launched?

Of course, with prior approval of the account holder.

Yes, our customers will have such ability.

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October 04, 2017, 02:05:05 PM
 #90

For the volume bonuses do we need to send in one transaction or can we send in several from the same address?

Bonus for quantity is applied for one transaction, as tokens are issued automatically via smart contract.

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October 04, 2017, 02:13:36 PM
 #91

So on Pre-ICO if I invest 50 ETH I will get:

(50/0.0047)*1.40 = 14893.6170213 FSBT tokens

Correct?

You will get (50/0.0047)*1.3 = 13 829.7872 FSBT tokens
I will be honest and say that this bonus structure seems much better. Offering too much bonuses will only make you reach cap on PRE ICO and not get any funds on ICO. And they are both important.

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October 04, 2017, 02:15:43 PM
 #92

[Excellent, thanks for your quick response. I have one more question: What is the minimum deposit amount on pre-ICO?

Minimum donation on Pre-ICO is 4.7 ETH.

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October 04, 2017, 02:17:54 PM
 #93

Why is it benefitial to contribute to your project and hold your tokens?
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October 04, 2017, 02:19:09 PM
 #94

So on Pre-ICO if I invest 50 ETH I will get:

(50/0.0047)*1.40 = 14893.6170213 FSBT tokens

Correct?

You will get (50/0.0047)*1.3 = 13 829.7872 FSBT tokens
I will be honest and say that this bonus structure seems much better. Offering too much bonuses will only make you reach cap on PRE ICO and not get any funds on ICO. And they are both important.

Thanks for your opinion! We were thinking exactly in this way. We are not willing to lower the value of FSBT tokens by giving big bonuses. Pre-ICO bonus of 30% is reasonable, as minimum contribution is 4.7 ETH. Early contributors willing to contribute such amount or more should have better conditions.

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October 04, 2017, 02:23:30 PM
 #95

Why is it benefitial to contribute to your project and hold your tokens?

To summarize, FSBT token holders will have the following important benefits:

They will become the first clients of FortySeven Bank;
The rights to be the first to try and use products and services offered by FortySeven Bank;
Top priority place in Forty Seven Bank loyalty program;
Opportunity to contribute to the development of crypto community and help in charity campaigns;
Discounts and special conditions for products and services of FortySeven Bank;
Higher FSBL token cashback multiplier when paying with FortySeven Bank debit or credit card;
The range of the most commonly used mobile and online banking products for free;
No fee for using Multi-Asset Account;
Opportunity to sell tokens more expensively on secondary market when they increase in value in future;
Possibility for traders to speculate on token yield;
Use Cases of FSBT Tokens.

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October 04, 2017, 02:23:47 PM
 #96

What is the Pre ICO cap?

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October 04, 2017, 02:26:16 PM
 #97

Can I buy FSBT from any wallet?





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FORTY
SEVEN
   
  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


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Retired
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October 04, 2017, 02:27:40 PM
 #98

What will the FSBT pool be?

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October 04, 2017, 02:29:37 PM
 #99

How many tokens will be sold ?

▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ModulTrade ▬▬▬▬▬▬▬▬▬▬▬▬▬▬
║ DEMOCRATIZING GLOBAL TRADE WITH BLOCKCHAIN TECHNOLOGY ║
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October 04, 2017, 02:31:52 PM
 #100

Why is it benefitial to contribute to your project and hold your tokens?

To summarize, FSBT token holders will have the following important benefits:

They will become the first clients of FortySeven Bank;
The rights to be the first to try and use products and services offered by FortySeven Bank;
Top priority place in Forty Seven Bank loyalty program;
Opportunity to contribute to the development of crypto community and help in charity campaigns;
Discounts and special conditions for products and services of FortySeven Bank;
Higher FSBL token cashback multiplier when paying with FortySeven Bank debit or credit card;
The range of the most commonly used mobile and online banking products for free;
No fee for using Multi-Asset Account;
Opportunity to sell tokens more expensively on secondary market when they increase in value in future;
Possibility for traders to speculate on token yield;
Use Cases of FSBT Tokens.

Great, thank you!
And like what is your loyalty porgram intented to be? What will it offer and provide?
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October 04, 2017, 02:32:20 PM
 #101

What is the Pre ICO cap?

Hello! The pre-ICO cap is 90 000 ETH.

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October 04, 2017, 02:35:37 PM
 #102

UK bank? Will it be multicurrency?
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October 04, 2017, 02:37:08 PM
 #103

For the volume bonuses do we need to send in one transaction or can we send in several from the same address?

Bonus for quantity is applied for one transaction, as tokens are issued automatically via smart contract.
So we will receive tokens instantly after we send ETH?





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FORTY
SEVEN
   
  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


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FortySeven
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October 04, 2017, 02:44:29 PM
 #104

UK bank? Will it be multicurrency?

Yes, our customers will be able to have bank accounts in different fiat currencies like USD, EUR, etc.

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October 04, 2017, 02:46:15 PM
 #105

Why is it benefitial to contribute to your project and hold your tokens?

To summarize, FSBT token holders will have the following important benefits:

They will become the first clients of FortySeven Bank;
The rights to be the first to try and use products and services offered by FortySeven Bank;
Top priority place in Forty Seven Bank loyalty program;
Opportunity to contribute to the development of crypto community and help in charity campaigns;
Discounts and special conditions for products and services of FortySeven Bank;
Higher FSBL token cashback multiplier when paying with FortySeven Bank debit or credit card;
The range of the most commonly used mobile and online banking products for free;
No fee for using Multi-Asset Account;
Opportunity to sell tokens more expensively on secondary market when they increase in value in future;
Possibility for traders to speculate on token yield;
Use Cases of FSBT Tokens.

Great, thank you!
And like what is your loyalty porgram intented to be? What will it offer and provide?

Our loyalty program will include a loyalty shop in which we will present a wide range of different products and services which will be available for purchasing for FSBL. For instance, the loyalty shop will offer:  travelling, electronics, entertainment, clothing, etc.

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October 04, 2017, 02:49:11 PM
 #106

Can I buy FSBT from any wallet?

It is better to buy tokens via resource like MyEtherWallet where you have acces to your ERC-20 tokens. Or directly from your Ethereum wallet.

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October 04, 2017, 02:54:14 PM
 #107

How many tokens will be sold ?

We do not know exactly how many tokens we are going to sell in which period of crowdfunding campaign, therefore, we do not know exact number of tokens to be issued. If we reach the highest goals of our ICO of 360 000 ETH, we will issue around 100M FSBT tokens (including tokens for founders and bounty campaign).

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October 04, 2017, 02:55:23 PM
 #108

Can I buy FSBT from any wallet?

It is better to buy tokens via resource like MyEtherWallet where you have acces to your ERC-20 tokens. Or directly from your Ethereum wallet.
I mean, can I send from exchanges directly or not?





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FORTY
SEVEN
   
  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


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FortySeven
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October 04, 2017, 03:02:11 PM
 #109

For the volume bonuses do we need to send in one transaction or can we send in several from the same address?

Bonus for quantity is applied for one transaction, as tokens are issued automatically via smart contract.
So we will receive tokens instantly after we send ETH?

Yes, tokens are generated instantly via system of smart contracts integrated with each other and are sent to your Ethereum wallet.

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October 04, 2017, 03:20:26 PM
 #110

Why are you using an ICO to get funding?

poordeveloper
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October 04, 2017, 03:37:06 PM
 #111

For the volume bonuses do we need to send in one transaction or can we send in several from the same address?

Bonus for quantity is applied for one transaction, as tokens are issued automatically via smart contract.
So we will receive tokens instantly after we send ETH?

Yes, tokens are generated instantly via system of smart contracts integrated with each other and are sent to your Ethereum wallet.
That means we MUST use a real wallet supporting ERC20 like MyEtherWallet then. Smiley





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SEVEN
   
  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


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October 04, 2017, 03:41:36 PM
 #112

360k ETH max cap! Oh Lords...
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October 04, 2017, 03:41:45 PM
 #113

Why are you using an ICO to get funding?

We are willing to give crypto community the right to be the first in supporting our idea of creating a bank that will connect the community to traditional finance world by providing full range of banking products and services for cryptocurrencies. Our project is aimed at building significant infrastructure element of future financial sector.
We are planning to realize our project in any case and we have several private investors interested in cooperation with us. ICO is in our opinion the fastest way to attract funds and it is an interesting tool for crypto community members to contribute to our project and get substantial benefits in future together with the growth and success of Forty Seven Bank.

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October 04, 2017, 05:06:30 PM
 #114

will i need to register somewhere?

exortis
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October 04, 2017, 05:35:24 PM
 #115

Will there be a white list for ico participation?

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Retired
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October 04, 2017, 06:05:24 PM
 #116

Will there be a white list for ico participation?
It would have been announced on advance, wouldn't it?

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October 04, 2017, 06:15:55 PM
 #117

I saw many different Ico's, and some of them were quite good. But this project is really amazing!
4.7 eth the lower limit for pre-sale is very low, i think it must be at least 15 eth

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October 04, 2017, 06:17:21 PM
 #118

I saw many different Ico's, and some of them were quite good. But this project is really amazing!
4.7 eth the lower limit for pre-sale is very low, i think it must be at least 15 eth
How would it help the ICO or make it better?





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SEVEN
   
  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


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October 04, 2017, 06:31:27 PM
 #119

How would it help the ICO or make it better?

WorldCore set a $ 50,000 lower limit, they got $ 4 million in 2 days
I do not know what will be useful but I think it is very low

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October 04, 2017, 06:40:04 PM
 #120

How would it help the ICO or make it better?

WorldCore set a $ 50,000 lower limit, they got $ 4 million in 2 days
I do not know what will be useful but I think it is very low
I see what you mean. Hadn't thought about it that way.

Don't you think $50k is a bit overkill though? Or maybe it helps?





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  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


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exortis
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great ico


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October 04, 2017, 06:49:58 PM
 #121


WorldCore set a $ 50,000 lower limit, they got $ 4 million in 2 days
I do not know what will be useful but I think it is very low
I see what you mean. Hadn't thought about it that way.

Don't you think $50k is a bit overkill though? Or maybe it helps?

rivetz even set 50 eth lower limit, so to me  4.7 eth was too low
but the team knows better than me

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October 04, 2017, 08:06:51 PM
 #122

What will be the benefits backers will get?

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October 04, 2017, 08:36:34 PM
 #123

What will be the benefits backers will get?

Token holders of FSBT tokens will get several important benefits:

1) They will be top priority clients of Forty Seven Bank and will receive yearly rewards in FSBL tokens that can be exchanged in our loyalty shop for wide range of different products and services, such as travelling, electronics, entertainment, clothing, etc. Forty Seven Bank will invest 20% of its net profit for previous year into loyalty program. The figure below describes this.

https://i.imgur.com/67GuVqK.png

2) Token holders will be the first to try our products and services.

3) Developers and businesses who have FSBT tokens will be able to get full access to Forty Seven Bank products and services and will be able to upload their applications on Forty Seven App Platform or build automated business powered by blockchain and smart contract technologies.

These are the main benefits, but there are more of them.

Apart from that, contributors to our ICO campaign will get additional benefits from Forty Seven Bank based on the amount of their contribution.

You can find more information about this in our document Token Holders Benefits following this link:   https://drive.google.com/file/d/0BwDjfDDrGhcsLTJOYzd1ZkZ0WU0/view"

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October 04, 2017, 08:53:22 PM
 #124

What will be the benefits backers will get?

Token holders of FSBT tokens will get several important benefits:

1) They will be top priority clients of Forty Seven Bank and will receive yearly rewards in FSBL tokens that can be exchanged in our loyalty shop for wide range of different products and services, such as travelling, electronics, entertainment, clothing, etc. Forty Seven Bank will invest 20% of its net profit for previous year into loyalty program. The figure below describes this.



2) Token holders will be the first to try our products and services.

3) Developers and businesses who have FSBT tokens will be able to get full access to Forty Seven Bank products and services and will be able to upload their applications on Forty Seven App Platform or build automated business powered by blockchain and smart contract technologies.

These are the main benefits, but there are more of them.

Apart from that, contributors to our ICO campaign will get additional benefits from Forty Seven Bank based on the amount of their contribution.

You can find more information about this in our document Token Holders Benefits following this link:   https://drive.google.com/file/d/0BwDjfDDrGhcsLTJOYzd1ZkZ0WU0/view"
Sounds interesting. What extra benefits are dependent on the contribution amount?

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October 04, 2017, 08:54:20 PM
 #125

Can I take part in Forty Seven Bank ICO without creating an Ethereum wallet?
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October 04, 2017, 08:58:42 PM
 #126

Can I take part in Forty Seven Bank ICO without creating an Ethereum wallet?

No, since FSBT are released on the Ethereum blockchain, you will need an Ethereum wallet to get and store FSBT. You can use the following Ethereum wallets: Ethereum wallet, Mist, MyEtherWallet.com or other wallets in which you have access to your private keys.

IMPORTANT: Don’t send the Ethereum to participate in ICO from the accounts of exchanges! You don’t have access to your private keys on accounts of crypto-exchanges, so you won’t have access to FSBT!

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October 04, 2017, 09:42:45 PM
 #127

How will your escrow services be like?





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  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


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October 05, 2017, 08:26:05 AM
 #128

Why is it benefitial to participate in Forty Seven Bank ICO? Thanks in advance.
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October 05, 2017, 08:36:50 AM
 #129

Why is it benefitial to participate in Forty Seven Bank ICO? Thanks in advance.

All ICO participants will receive benefits in terms of using products and services of Forty Seven Bank. The structure of these benefits is based on the amount of contribution during ICO. In order to get them, a person will have to become the bank’s client and then go through Know Your Customer (KYC) procedure.

If a person contributes between 0.1 and 1 ETH, he gets:
Free Multi-Asset Account: IBAN (EUR, USD, etc.), crypto wallets (BTC, ETH, etc.), investments.

If a person contributes between 1 and 5 ETH, he gets:
Free Multi-Asset Account: IBAN (EUR, USD, etc.), crypto wallets (BTC, ETH, etc.), investments;
Free Visa Classic credit card that will be sent via mail.

If a person contributes between 5 and 10 ETH, he gets:
Free Multi-Asset Account: IBAN (EUR, USD, etc.), crypto wallets (BTC, ETH, etc.), investments;
Free Visa Platinum credit card that will be sent via mail;
25% discount on personal and travel insurance for contributor and two family members during the first two years.

If a person contributes between 10 and 50 ETH, he gets:      years;
Free Multi-Asset Account: IBAN (EUR, USD, etc.), crypto wallets (BTC, ETH, etc.), investments;
Free Visa Platinum credit card that will be sent via mail;
30% discount on personal and travel insurance for contributor and two family members during the first three years;
No commission on cash withdrawal in any ATM in the world during the first year.

If a person contributes between 50 and 100 ETH, he gets:
Free Multi-Asset Account: IBAN (EUR, USD, etc.), crypto wallets (BTC, ETH, etc.), investments;
Free Visa Platinum credit card that will be sent via mail;
50% discount on personal and travel insurance for contributor and two family members during the first five years;
No commission on cash withdrawal in any ATM in the world during the first three years;
Special conditions for trading activities.

If a person contributes between 100 and more ETH, he gets:
Free Multi-Asset Account: IBAN (EUR, USD, etc.), crypto wallets (BTC, ETH, etc.), investments;
Free Visa Platinum credit card that will be sent via mail;
50% discount on personal and travel insurance for contributor and two family members during the first ten years;
No commission on cash withdrawal in any ATM in the world during the first five years;
Special conditions for trading activities;
No commission and fees for using any banking products and services of Forty Seven Bank for ever (except loans).

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October 05, 2017, 08:37:44 AM
 #130

Nice idea.
sounds rather promising

ChainTrade ⌘ Platform for Food & Raw Materials Trading ⌘
ICO Ongoing Now
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October 05, 2017, 08:41:55 AM
 #131

Nice idea.
sounds rather promising

Thank you very much for your opinion, we appreciate that.

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October 05, 2017, 09:22:21 AM
 #132

Will I be able to access my existing bank accounts from other banks through your app?
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October 05, 2017, 09:26:45 AM
 #133

Will I be able to access my existing bank accounts from other banks through your app?

Yes, this will be one of our main services! You will be able to access all of your existing banking accounts and make transactions and other financial operations via your Multi-Asset Account through an easy to use interface in our system!

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October 05, 2017, 09:39:56 AM
 #134

You use the Multi-Asset Account term often. What is that?





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  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


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October 05, 2017, 09:51:05 AM
 #135

I see it will be an international launch, Can you tell me the countries where I can Use it?

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October 05, 2017, 10:21:17 AM
 #136

You use the Multi-Asset Account term often. What is that?

Multi-Asset Account is the bank account which combines and grants you access to all your accounts in different EU banks, to all your crypto wallets and to all your investments in stocks, bonds, derivatives, commodities, etc. It is the master account which gives you opportunitiy to control all your assets via one account.

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October 05, 2017, 10:26:57 AM
 #137

Multi-Asset Account is the bank account which combines and grants you access to all your accounts in different EU banks, to all your crypto wallets and to all your investments in stocks, bonds, derivatives, commodities, etc. It is the master account which gives you opportunitiy to control all your assets via one account.
Do you mean we will have several bank accounts linked to the Multi-Account and with the same Iban you will provide we will be able to access the funds on them?

How will it work?

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October 05, 2017, 10:36:14 AM
 #138

great idea
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October 05, 2017, 10:39:14 AM
 #139

I see it will be an international launch, Can you tell me the countries where I can Use it?

Individuals from all the countries (except FACTA and sanction lists) will be able to become the clients of Forty Seven Bank. In the beginning we will work with business customers from the EU and in future with the growth of the bank we will expand our operations with businesses to other countries.

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October 05, 2017, 10:42:41 AM
 #140

how much is a FSBL token worth?
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October 05, 2017, 10:48:16 AM
 #141

How will your escrow services be like?

Forty Seven Bank will provide the escrow service as a smart contract. In case of sale deal between customers, this contract will protect both the seller and the buyer. Both customers can work with this contract either via bank user interface or integrate their IT systems directly to escrow smart contract via blockchain. The smart contract defines the following interaction between counterparties:
● Buyer initiates purchase via smart contract;
● Forty Seven Bank locks the needed funds in the buyer’s account;
● Seller delivers the product;
● Buyer within limited time period inspects the product and accepts or rejects the deal;
● If the deal is accepted then funds are transferred to seller’s, account, otherwise, they are unlocked in buyer’s account.

Additionally, we will provide escrow services for ICO and other projects where those might be integrated.

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great ico


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October 05, 2017, 10:49:47 AM
 #142

I have been hanging on the telegram for some time and I think it is really a high potential project.
The team is much more professional than the one at other card projects
you should focus on social media ads

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October 05, 2017, 10:52:19 AM
 #143

how much is a FSBL token worth?

You will able to use 1 FSBL token in our loyalty shop for something worth approximately 1 EUR. Imagine an iPhone costs 1 000 EUR, having 1 000 FSBL tokens received according to loyalty program, you will be able to exchange them for an iPhone.

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October 05, 2017, 11:13:58 AM
 #144

will i need to register somewhere?

It is not necessary, you can simply contribute funds from your ETH wallet. However, we believe it is better to register on our web-page and in our cabinet which will soon be available in order to see balance of your FSBT tokens and all other analytics related to it.

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October 05, 2017, 11:52:58 AM
 #145

Multi-Asset Account is the bank account which combines and grants you access to all your accounts in different EU banks, to all your crypto wallets and to all your investments in stocks, bonds, derivatives, commodities, etc. It is the master account which gives you opportunitiy to control all your assets via one account.
Do you mean we will have several bank accounts linked to the Multi-Account and with the same Iban you will provide we will be able to access the funds on them?

How will it work?

Multi-Asset Account does not have IBAN by itself. It is a term used for a product - an application - that combies all your IBANs in different EU banks via API (also IBAN at Forty Seven Bank). This opportunity is presented by Payment Services Directive 2 (PSD2) which comes into force in Europe in the beginning of next year. You will be able to transfer funds among these IBANs via one application - you will not have to access each internet or mobile bank separately, as it is being done today.
Additionally, in this application you will have access to crypto wallets and investments.

Saisher
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October 05, 2017, 12:03:22 PM
 #146

I'm glad the dev is very active in answering all the questions being posed by potential investors and members, I'm lucky to be in this campaign, I'm looking forward to the success of this ico I hope investors will find this ico interesting in their eyes.

FortySeven
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October 05, 2017, 12:10:49 PM
 #147

I have been hanging on the telegram for some time and I think it is really a high potential project.
The team is much more professional than the one at other card projects
you should focus on social media ads


Thank you very much for your opinion, we really appreciate it. We will take your advice into account!

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October 05, 2017, 12:18:02 PM
 #148

How will your escrow services be like?

Forty Seven Bank will provide the escrow service as a smart contract. In case of sale deal between customers, this contract will protect both the seller and the buyer. Both customers can work with this contract either via bank user interface or integrate their IT systems directly to escrow smart contract via blockchain. The smart contract defines the following interaction between counterparties:
● Buyer initiates purchase via smart contract;
● Forty Seven Bank locks the needed funds in the buyer’s account;
● Seller delivers the product;
● Buyer within limited time period inspects the product and accepts or rejects the deal;
● If the deal is accepted then funds are transferred to seller’s, account, otherwise, they are unlocked in buyer’s account.

Additionally, we will provide escrow services for ICO and other projects where those might be integrated.
Would you be the first bank using smart contracts?





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FORTY
SEVEN
   
  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


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FortySeven
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October 05, 2017, 01:11:02 PM
 #149

How will your escrow services be like?

Forty Seven Bank will provide the escrow service as a smart contract. In case of sale deal between customers, this contract will protect both the seller and the buyer. Both customers can work with this contract either via bank user interface or integrate their IT systems directly to escrow smart contract via blockchain. The smart contract defines the following interaction between counterparties:
● Buyer initiates purchase via smart contract;
● Forty Seven Bank locks the needed funds in the buyer’s account;
● Seller delivers the product;
● Buyer within limited time period inspects the product and accepts or rejects the deal;
● If the deal is accepted then funds are transferred to seller’s, account, otherwise, they are unlocked in buyer’s account.

Additionally, we will provide escrow services for ICO and other projects where those might be integrated.
Would you be the first bank using smart contracts?

Yes, most probably we will be the first bank to do that. However, we believe that technologically advanced banks are also considering this technology to be integrated inside their systems. Even if they decide to do that, it will take them much time and it will cost much money. In our case, we will develop the system with integrated smart contract technologies from scratch and therefore it will be done more efficiently.

poordeveloper
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October 05, 2017, 01:32:12 PM
 #150

As you will offer escrow services to ICOs and your clients will be identified, is it safe to assume the developers of the ICOs which make use of your escrow services will be properly identified via your KYC procedures?





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             ▀██ ███▀
                 █▀
FORTY
SEVEN
   
  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


██
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Retired
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October 05, 2017, 02:25:17 PM
 #151

Multi-Asset Account is the bank account which combines and grants you access to all your accounts in different EU banks, to all your crypto wallets and to all your investments in stocks, bonds, derivatives, commodities, etc. It is the master account which gives you opportunitiy to control all your assets via one account.
Do you mean we will have several bank accounts linked to the Multi-Account and with the same Iban you will provide we will be able to access the funds on them?

How will it work?

Multi-Asset Account does not have IBAN by itself. It is a term used for a product - an application - that combies all your IBANs in different EU banks via API (also IBAN at Forty Seven Bank). This opportunity is presented by Payment Services Directive 2 (PSD2) which comes into force in Europe in the beginning of next year. You will be able to transfer funds among these IBANs via one application - you will not have to access each internet or mobile bank separately, as it is being done today.
Additionally, in this application you will have access to crypto wallets and investments.
I see. What will the timeframe for transactions be? I read in the news a few months ago that SEPA credits/debits will be much faster in the near future.

FortySeven
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October 05, 2017, 02:34:35 PM
 #152

I'm glad the dev is very active in answering all the questions being posed by potential investors and members, I'm lucky to be in this campaign, I'm looking forward to the success of this ico I hope investors will find this ico interesting in their eyes.

Thank you for your opinion! Stay in touch with us and become a part of our success!

FortySeven
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October 05, 2017, 02:40:34 PM
 #153

As you will offer escrow services to ICOs and your clients will be identified, is it safe to assume the developers of the ICOs which make use of your escrow services will be properly identified via your KYC procedures?

Yes, definetely. We will examine ICO projects by ourselves and will make sort of open source rating agency. All the developers of ICO projects using our escrow services will be properly identified.

Retired
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October 05, 2017, 04:23:47 PM
 #154

Multi-Asset Account is the bank account which combines and grants you access to all your accounts in different EU banks, to all your crypto wallets and to all your investments in stocks, bonds, derivatives, commodities, etc. It is the master account which gives you opportunitiy to control all your assets via one account.
Do you mean we will have several bank accounts linked to the Multi-Account and with the same Iban you will provide we will be able to access the funds on them?

How will it work?

Multi-Asset Account does not have IBAN by itself. It is a term used for a product - an application - that combies all your IBANs in different EU banks via API (also IBAN at Forty Seven Bank). This opportunity is presented by Payment Services Directive 2 (PSD2) which comes into force in Europe in the beginning of next year. You will be able to transfer funds among these IBANs via one application - you will not have to access each internet or mobile bank separately, as it is being done today.
Additionally, in this application you will have access to crypto wallets and investments.
I see. What will the timeframe for transactions be? I read in the news a few months ago that SEPA credits/debits will be much faster in the near future.
To clarify, I mean regarding external accounts.