ICOs
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October 12, 2017, 07:46:11 PM |
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How will Forty Seven Bank be different to other banks?
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poordeveloper
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October 12, 2017, 07:50:26 PM |
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Uniqueness of Forty Seven Bank will be a full technological and legal equipment for cryptocurrency processing and treatment
In the absence of direct competitors, the bank believes that there could accumulate significant demand for products and services of the bank at the first glance which will create the constructive base for healthy growth in long-term.
During the last half year, total market capitalization of all cryptocurrencies has risen by seven times. In our opinion, currently, the market is in its early stage and there is great potential in new projects aimed at invention and development of ecosystem and infrastructure projects for cryptoworld.
We believe that Forty Seven Bank will be the first in its kind and will take the leading position on the market in short period of time.
During the last year, ICO has become a widely used tool for cryptocurrency holders to contribute resources into different projects. ICO has also become another good option for companies to generate finances.
However, the market is mostly unregulated. Companies have also the problem of translating gathered funds into fiat currencies and use them as capital, as according to general accounting principles it is neither equity nor liability.
We believe that ICO financing tool is great potential market and phenomenon that shifts the paradigm of commonly used accounting principles.
Forty Seven Bank is going to support the contributors by providing open-source due diligence on ICO projects and will become the rating agency for them.
Additionally, we will help the projects with escrow services and smart contract development.
Companies will also have opportunity to resolve accounting and legal issues connected to ICO using the services of the bank and domestic legal consulting agency.
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Adebisi
Member
Offline
Activity: 79
Merit: 10
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October 13, 2017, 03:18:47 AM |
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Guys, do you have a blog to see all your news?
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exortis
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October 13, 2017, 08:43:29 AM |
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do you have a comparison list with other bank projects?
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icotokens
Newbie
Offline
Activity: 35
Merit: 0
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October 13, 2017, 09:48:23 AM |
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What does it mean?
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poordeveloper
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October 13, 2017, 10:21:19 AM |
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Google Translate says: We are looking forward to interesting discussions in the thread Not sure how accurate the translation is, though
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RAGEmond
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October 13, 2017, 11:29:58 AM |
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Google Translate says: We are looking forward to interesting discussions in the thread Not sure how accurate the translation is, though yeah is pretty accurate
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poordeveloper
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October 13, 2017, 12:45:14 PM |
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The concept of being able to launch our own whitelabel banks is indeed unique. How do you plan to market that?
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Retired
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October 13, 2017, 01:29:00 PM |
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Гдe cмoтpeть cвoи зapaбoтaнныe бaллы пo пpoгpaммe бayнти.
What do you mean?
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eneyardi
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October 13, 2017, 01:51:25 PM |
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Is payment calculated automatically for Bounty campaign?
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ann2230
Newbie
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Activity: 58
Merit: 0
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October 13, 2017, 01:52:49 PM |
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Is payment calculated automatically for Bounty campaign? What do you mean? They have to review your activity I guess?
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ann2230
Newbie
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Activity: 58
Merit: 0
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October 13, 2017, 02:42:24 PM |
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Is this going to be a new currency then?
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RAGEmond
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October 13, 2017, 02:47:34 PM |
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Is this going to be a new currency then?
nope they will build a Plattform where you can store and manage your fiat / cryptos.. the Forty Seven Tokens generate Forty Seven Loyality Tokens which can be used to exchange for goods also the Forty Seven Tokens will be rewarding you with Special services / offers within the infrastructure of Forty Seven however those Tokens will be tradable on exchanges. Nut it's not the target to create a new currency which will be used to pay something with. Check out the ICO infos of the ANN or on the Website
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ann2230
Newbie
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Activity: 58
Merit: 0
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October 13, 2017, 03:25:07 PM |
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What is your company legal structure?
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FortySeven
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October 13, 2017, 04:32:36 PM |
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What is your company legal structure?
FortySeven United is a limited liability company that is incorporated in London, United Kingdom.
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Retired
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October 13, 2017, 05:20:18 PM |
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What is your company legal structure?
FortySeven United is a limited liability company that is incorporated in London, United Kingdom. Is it already Incorporated?
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