[ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers

[Hendobox]

Hello, i will love to know are Forty seven bank token only generated when purchased? If they aren't, will any unsold Forty seven bank token be burnt?

Hello Cnote328, I will like to bring to your notice that a similar question has been asked just few pages back. I will advise you visit some few pages back for answer to this your question. Thanks

Hello my friend, I was going to ask the same question before I saw your reply. I have taken time to visit many previous pages, but I can't seem to find this question's answer. Could you please tell me the page to check, or better still enlighten me on weather they will burn their unsold tokens. Thanks

Alright. It's on the whitepaper too though. I will try to paraphrase based on my understanding.  Apart from tokens meant for bounty, bonus, and other non-sales activities, The total amount of token generated (for sales)  is directly proportional to the amount of payment recieved. Thus there won't be any token left dormant at the end of the day. check page 57 of whitepaper for better understanding. Hope this helps

Alright my friend, thanks a lot for taking out time to clear me on this. I have also gone through the page on the whitepaper and it's all begining to make more sense to me now. I think the idea is a smart one that will definitely yield good results, considering the fact that the project is aimed at invention and development of ecosystem.

[Ace44]

are there any partnership and collaboration with companies?

Check out https://www.fortyseven.io/ it has the partnerships and companies they work with towards the bottom of the website and what exchanges they are hoping to be listed on in the near future

This gives a good idea in which direction the ICO is headed, but has yet to prove that they actually can achieve their goals

Their whitepaper actually gave a hint of their goals and what they can achieve, i know uncertainties are bound to happen in any project but Forty Seven Bank has given me reasons to stick with them, i like going though what i intend to invest before investing and the project must be good enough to convince me, i think i'm convinced about this project, my personal opinion

[ibininja]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

I'm not sure which markets 47 Bank are referring to on this page of the whitepaper, this section is a bit ambiguous.

I presume they mean crypto exchanges but 47 Bank also provides a FIAT currency conversion forex service or at least access to one...

Maybe we could get some more clarification from the 47 Bank team?

I honestly cannot imagine how the trade should work on external Exchanges. Unless the different exchanges are all connected in the app.

Well the whitepaper states that its prime objective is to bridge the gap between cryptocurrency and fiat and also provide an app where all accounts are connected into one thereby granting a direct access to all personal accounts, putting this into perspective, it may seem possible to see this happen

Don't forget the important part of the API; Developers would quickly get their fintech ideas up and running. This would be a real deal to many especially those that want proof of concept. They would not have to worry about all the underlying stuff; they just code and test their core proposition.

[jamzzz123]

are there any partnership and collaboration with companies?

Check out https://www.fortyseven.io/ it has the partnerships and companies they work with towards the bottom of the website and what exchanges they are hoping to be listed on in the near future

This gives a good idea in which direction the ICO is headed, but has yet to prove that they actually can achieve their goals

Their whitepaper actually gave a hint of their goals and what they can achieve, i know uncertainties are bound to happen in any project but Forty Seven Bank has given me reasons to stick with them, i like going though what i intend to invest before investing and the project must be good enough to convince me, i think i'm convinced about this project, my personal opinion

Exactly, there is some interesting parts of the whitepaper which have been well thought of, check out this latest update in medium with a partnership announcement

https://medium.com/@FortySeven47/forty-seven-bank-partners-with-citowise-b9ccba491b86

[cryptossi]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

Thanks for clearing this up Forty Seven bank team, a lot of people have been asking questions about this statement so it's good to see a team member has answered this.

Which exchanges will be connect to Forty Seven Bank, have any been announced yet?

[Major_Troubles]

which phase of the roadmap are you? do you have any working application  in place?

[Anilg]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

Thanks for clearing this up Forty Seven bank team, a lot of people have been asking questions about this statement so it's good to see a team member has answered this.

Which exchanges will be connect to Forty Seven Bank, have any been announced yet?

FSBT website says they  plan to be listed on Binance, EtherDelta, HitBTC, IDEX and Livecoin. I hope all these exchanges will also be part of FSBT network.
All are good one.

[Gunny95]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

Thanks for clearing this up Forty Seven bank team, a lot of people have been asking questions about this statement so it's good to see a team member has answered this.

Which exchanges will be connect to Forty Seven Bank, have any been announced yet?

FSBT website says they  plan to be listed on Binance, EtherDelta, HitBTC, IDEX and Livecoin. I hope all these exchanges will also be part of FSBT network.
All are good one.

The more exchanges the tokens will be listed on the better! However I think it is quite easy to get listed on IDEX and EtherDelta, I would personally like KuCoin listing, Binance is a nice goal

[FortySeven]

which phase of the roadmap are you? do you have any working application  in place?

https://www.fortyseven.io/#roadmap Now it's - Q1 2018
"Successful completion of Token Generation Event, FSBT launch on exchanges"

[phantam]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

Thanks for clearing this up Forty Seven bank team, a lot of people have been asking questions about this statement so it's good to see a team member has answered this.

Which exchanges will be connect to Forty Seven Bank, have any been announced yet?

FSBT website says they  plan to be listed on Binance, EtherDelta, HitBTC, IDEX and Livecoin. I hope all these exchanges will also be part of FSBT network.
All are good one.

The more exchanges the tokens will be listed on the better! However I think it is quite easy to get listed on IDEX and EtherDelta, I would personally like KuCoin listing, Binance is a nice goal

Ya ED and Idex are basically just "are you an erc20 token, ok your in" lol. Even unlisted coins can exchange on ED if you know how to use the smart contract. That said i'm pretty sure that Binance is the big one that they are focusing their attention on which really is great as i know that binance has a lot of credibility attached to it, on the draw back its quite an expensive to get into it.

[FortySeven]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

Thanks for clearing this up Forty Seven bank team, a lot of people have been asking questions about this statement so it's good to see a team member has answered this.

Which exchanges will be connect to Forty Seven Bank, have any been announced yet?

We are planning to be listed on several exchanges right after ICO ends. Working hard on this. At first at smaller ones like EtherDelta, KuCoin and later we will be heading to bigger exchanges like Poloniex, Binance and Bittrex. We are already negotiating with exchanges about listing our tokens right after the ICO, as this process takes time.

[girib1684]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

Thanks for clearing this up Forty Seven bank team, a lot of people have been asking questions about this statement so it's good to see a team member has answered this.

Which exchanges will be connect to Forty Seven Bank, have any been announced yet?

We are planning to be listed on several exchanges right after ICO ends. Working hard on this. At first at smaller ones like EtherDelta, KuCoin and later we will be heading to bigger exchanges like Poloniex, Binance and Bittrex. We are already negotiating with exchanges about listing our tokens right after the ICO, as this process takes time.

Finally that's it happening what I expected since know this project. It's really good if this is going to list on biggest exchanges. Because of multiple exchanges means huge volume and huge volume means prices will fly high.

[nxnqauff]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

Thanks for clearing this up Forty Seven bank team, a lot of people have been asking questions about this statement so it's good to see a team member has answered this.

Which exchanges will be connect to Forty Seven Bank, have any been announced yet?

FSBT website says they  plan to be listed on Binance, EtherDelta, HitBTC, IDEX and Livecoin. I hope all these exchanges will also be part of FSBT network.
All are good one.

These are plans and anticipation. Nobody can confirm until they get confirmation from exchanges. Also they are not allowed to convey outside until exchange announce first. So FSBT team will wait until that moment.

[cryptossi]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

Thanks for clearing this up Forty Seven bank team, a lot of people have been asking questions about this statement so it's good to see a team member has answered this.

Which exchanges will be connect to Forty Seven Bank, have any been announced yet?

We are planning to be listed on several exchanges right after ICO ends. Working hard on this. At first at smaller ones like EtherDelta, KuCoin and later we will be heading to bigger exchanges like Poloniex, Binance and Bittrex. We are already negotiating with exchanges about listing our tokens right after the ICO, as this process takes time.

Nice idea, I like the planning behind this, the Forty Seven Bank are thinking about this carefully.

Binance is a good goal, have you guys heard of HitBTC? Thats another option, I think this would be a good exchange for you to get listed on, I also really like Cryptopia!

[jamzzz123]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

Thanks for clearing this up Forty Seven bank team, a lot of people have been asking questions about this statement so it's good to see a team member has answered this.

Which exchanges will be connect to Forty Seven Bank, have any been announced yet?

We are planning to be listed on several exchanges right after ICO ends. Working hard on this. At first at smaller ones like EtherDelta, KuCoin and later we will be heading to bigger exchanges like Poloniex, Binance and Bittrex. We are already negotiating with exchanges about listing our tokens right after the ICO, as this process takes time.

Nice idea, I like the planning behind this, the Forty Seven Bank are thinking about this carefully.

Binance is a good goal, have you guys heard of HitBTC? Thats another option, I think this would be a good exchange for you to get listed on, I also really like Cryptopia!

I'm not the biggest fan of HitBTC, I don't like the layout, I would much rather bittrex or binance, a quality exchange.

[Nathan01]

are there any partnership and collaboration with companies?

Check out https://www.fortyseven.io/ it has the partnerships and companies they work with towards the bottom of the website and what exchanges they are hoping to be listed on in the near future

those are some pretty nice exchange listing they have got there am seeing binance and hitbtc in the list... cool

like i said 47BK came prepared

[rathaha10]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

Thanks for clearing this up Forty Seven bank team, a lot of people have been asking questions about this statement so it's good to see a team member has answered this.

Which exchanges will be connect to Forty Seven Bank, have any been announced yet?

We are planning to be listed on several exchanges right after ICO ends. Working hard on this. At first at smaller ones like EtherDelta, KuCoin and later we will be heading to bigger exchanges like Poloniex, Binance and Bittrex. We are already negotiating with exchanges about listing our tokens right after the ICO, as this process takes time.

Nice idea, I like the planning behind this, the Forty Seven Bank are thinking about this carefully.

Binance is a good goal, have you guys heard of HitBTC? Thats another option, I think this would be a good exchange for you to get listed on, I also really like Cryptopia!

I'm not the biggest fan of HitBTC, I don't like the layout, I would much rather bittrex or binance, a quality exchange.

True, my friends are also not using Hitbtc. Whenever i hear that exchange. Something tells me not to enter it. Listen it on bigger exchanges like jammzzz123 have suggested is better.

[faulerwilli]

On page 26 of the whitepaper (https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view), ''direct market access'' is mentioned, does this mean you can directly place sell orders on other exchanges?

Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API.

we have already puzzled over this and already thought of the API. great that you want to do it that way. So I will be able to trade directly from my 47BK account on Exchanges. WOW!

Is this the first bank to offer that for crypto thinking back and doing a quick google I’m not seeing any others that allow direct trading via third party markets from a Ebank account. If this works how I think it will it would be a reallly big selling point for people to utilize 47 especially if 47 can tie into some of the larger banks and take advantage of that liquidity

if this works i will quit my actual bank account and move all my finances zu 47BK:-)
I'm sure traditional banking is coming to an end and in a few years we'll be wondering how we could manage oour finances without 47BK

[phantam]

are there any partnership and collaboration with companies?

Check out https://www.fortyseven.io/ it has the partnerships and companies they work with towards the bottom of the website and what exchanges they are hoping to be listed on in the near future

those are some pretty nice exchange listing they have got there am seeing binance and hitbtc in the list... cool

like i said 47BK came prepared

Yep i really hope they can land the binance integration not just for exchange, but if they can get the backend API integration working as well would be amazing to be able to have access to the trade liquidity from the big name exchanges like binance and hitbtc come launch. I tend to get more excited about things that drive demand and utilization like the directaccess api integration than the ability to sell the coin on the various exchanges, the backend integrations will i feel be a driving force for demand on the 47bk tokens.

[Zombie259]

are there any partnership and collaboration with companies?

Check out https://www.fortyseven.io/ it has the partnerships and companies they work with towards the bottom of the website and what exchanges they are hoping to be listed on in the near future

those are some pretty nice exchange listing they have got there am seeing binance and hitbtc in the list... cool

like i said 47BK came prepared

Yep i really hope they can land the binance integration not just for exchange, but if they can get the backend API integration working as well would be amazing to be able to have access to the trade liquidity from the big name exchanges like binance and hitbtc come launch. I tend to get more excited about things that drive demand and utilization like the directaccess api integration than the ability to sell the coin on the various exchanges, the backend integrations will i feel be a driving force for demand on the 47bk tokens.

That will be for sure a nice Boost for 47B Token.
Binance is one of my favourite Exchanges and it will be a big deal if they can realize the backend integration.