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

[Zombie259]

This is an official announcement:

Starting with 1st of March basic bonus for buying FSBT tokens will be 10%.

For contributions over 10 ETH in equivalent bonus will be 15%.

For contributions over 25 ETH in equivalent bonus will be 20%.

Come on guys, today is the last chance to buy FSBT with 20% discount.
Tomorrow you will only get 10% Bonus for your buy.

[phantam]

we must use a wallet where we have access to the private keys, right?

Yes you are right.... myetherwallet or metamask preferably in my own opinion

You don’t have to but honestly not using a wallet when you don’t have the private keys is just waiting for a disaster. The fact is if the private key isn’t known only to you then the coins and money in the wallet really can’t be assured to be safely your own funds as you don’t have assurance they won’t be stolen or made off with. Always use a wallet with your own private key

[nxnqauff]

As an early investor, it’s really upsetting that the company misled investors by stating there was a fake 20% bonus. First off, building it into price is rudimentary and secondly, the fact that the “bonus” lasts the entirety of the ico is insulting.

I thought bonus here is a good thing.. Don't get how and why it is insulting... This is too make every investor have equal or almost equal status after purchasing the tokens.

I am also not getting his point. How Bonus is insulting? Or he mean to say that why bonus is for whole ICO period. This Bonus should be for only limited days and not for whole main sale period?

Bonus is meant to get in more investors. 20% at early time was fine. Since the ICO is getting more attention now, they want to reward the investors with the same 20% bonus. So nothing wrong in that I think.

[Cnote328]

Forty seven bank project has great potential in terms of marketcap and other features. I believe market capitalization will increase after the end ICO.

[Ace44]

As an early investor, it’s really upsetting that the company misled investors by stating there was a fake 20% bonus. First off, building it into price is rudimentary and secondly, the fact that the “bonus” lasts the entirety of the ico is insulting.

I'm confused, what's misleading about a company offering bonuses to early birds, i didn't see where they misled someone or someone quoting them for doing such until now, bonuses are there to help get investors because is logically for one person to open the floor and others to enter, the initials are the risk takers as they are the ones who motivated others to join, correct me if i'm wrong but i can't seem to understand your point

[ibininja]

As an early investor, it’s really upsetting that the company misled investors by stating there was a fake 20% bonus. First off, building it into price is rudimentary and secondly, the fact that the “bonus” lasts the entirety of the ico is insulting.

I'm confused, what's misleading about a company offering bonuses to early birds, i didn't see where they misled someone or someone quoting them for doing such until now, bonuses are there to help get investors because is logically for one person to open the floor and others to enter, the initials are the risk takers as they are the ones who motivated others to join, correct me if i'm wrong but i can't seem to understand your point

I don't think the bonus last for the entirety of the ICO; where did you read that? keep in mind that that is the way to motivate early investors where the risk is pretty high to jump in. I dont see how is that deceiving

[ganeshramk]

Forty seven bank project has great potential in terms of marketcap and other features. I believe market capitalization will increase after the end ICO.

Thats indeed one of the most attractive point about this project which I love a lot. FSBT also have many other advantages as compared to other tokens which we are continuously discussing here in this thread. Getting banking licence is the most attractive point.

[girib1684]

They are offering lots Innovative products for everyone, like for example, Cryptocurrency transactions within bank’s application, by using mobile applications, clients will be able to buy and sell any type of digital currency at bank’s internal exchange with low fees and a very negligible waiting time.

[phantam]

Forty seven bank project has great potential in terms of marketcap and other features. I believe market capitalization will increase after the end ICO.

Thats indeed one of the most attractive point about this project which I love a lot. FSBT also have many other advantages as compared to other tokens which we are continuously discussing here in this thread. Getting banking licence is the most attractive point.

Yep I think that an ico with accreditations is a big pusher for it being a success this is one of those product ICOs that I get the feeling will keep adding to the market capitalization longterm as the bank actually com s online and we see more and more of the features come online we will also see the cap steadily increase

[cryptossi]

As an early investor, it’s really upsetting that the company misled investors by stating there was a fake 20% bonus. First off, building it into price is rudimentary and secondly, the fact that the “bonus” lasts the entirety of the ico is insulting.

I thought bonus here is a good thing.. Don't get how and why it is insulting... This is too make every investor have equal or almost equal status after purchasing the tokens.

I am also not getting his point. How Bonus is insulting? Or he mean to say that why bonus is for whole ICO period. This Bonus should be for only limited days and not for whole main sale period?

Im not sure I understand Hendoboxs original point, I think there was a highe bonus available for early investors before the 20% period, I hope this makes sense.

[faulerwilli]

They are offering lots Innovative products for everyone, like for example, Cryptocurrency transactions within bank’s application, by using mobile applications, clients will be able to buy and sell any type of digital currency at bank’s internal exchange with low fees and a very negligible waiting time.

that is one of my favorite points in this project. and that you can link the tokens directly to your own account. That makes buying and selling much easier.
I'm really looking forward to opening a 47BK account. unfortunately it will take some time

[Hendobox]

As an early investor, it’s really upsetting that the company misled investors by stating there was a fake 20% bonus. First off, building it into price is rudimentary and secondly, the fact that the “bonus” lasts the entirety of the ico is insulting.

I thought bonus here is a good thing.. Don't get how and why it is insulting... This is too make every investor have equal or almost equal status after purchasing the tokens.

The upsetting part is that if you are told beforehand that the bonus applies only for that duration, you know you have advantage over the other investors who don't get bonus.
Apparently the rules of the game have been changed during the game, so to speak

Having a bonus stay static for the entirety of the ico isn’t a bonus. It’s just the never changing price. Misleading advertising. Hope they are addressing this anyway.

[ganeshramk]

They are offering lots Innovative products for everyone, like for example, Cryptocurrency transactions within bank’s application, by using mobile applications, clients will be able to buy and sell any type of digital currency at bank’s internal exchange with low fees and a very negligible waiting time.

that is one of my favorite points in this project. and that you can link the tokens directly to your own account. That makes buying and selling much easier.
I'm really looking forward to opening a 47BK account. unfortunately it will take some time

Is it possible for anyone to open 47bank when it become available? Or is it country specific? It will be not be easy task to maintain bank account from completely different country in practice right? This would also be very much complicated. I am not sure how this will be executed..

[cryptossi]

They are offering lots Innovative products for everyone, like for example, Cryptocurrency transactions within bank’s application, by using mobile applications, clients will be able to buy and sell any type of digital currency at bank’s internal exchange with low fees and a very negligible waiting time.

that is one of my favorite points in this project. and that you can link the tokens directly to your own account. That makes buying and selling much easier.
I'm really looking forward to opening a 47BK account. unfortunately it will take some time

Is it possible for anyone to open 47bank when it become available? Or is it country specific? It will be not be easy task to maintain bank account from completely different country in practice right? This would also be very much complicated. I am not sure how this will be executed..

I think it will be a worldwide service, the compliance side of things means FortySeven are only able to operate in countries in the EU, but hopefully as the company progresses they will be able to extend their services to other countries.

[rezzx]

They are offering lots Innovative products for everyone, like for example, Cryptocurrency transactions within bank’s application, by using mobile applications, clients will be able to buy and sell any type of digital currency at bank’s internal exchange with low fees and a very negligible waiting time.

that is one of my favorite points in this project. and that you can link the tokens directly to your own account. That makes buying and selling much easier.
I'm really looking forward to opening a 47BK account. unfortunately it will take some time

Is it possible for anyone to open 47bank when it become available? Or is it country specific? It will be not be easy task to maintain bank account from completely different country in practice right? This would also be very much complicated. I am not sure how this will be executed..

They said that their services would be available to all countries except "sanctioned countries". I tried to figure out what does it mean but I didn't find any information on their website. Tried asking here but got no response. I also think that maintaing bank accounts for people all over the world is not practical, atleast not in the beginning. Maybe they will focus on EU countries.

[nesh1]

They are offering lots Innovative products for everyone, like for example, Cryptocurrency transactions within bank’s application, by using mobile applications, clients will be able to buy and sell any type of digital currency at bank’s internal exchange with low fees and a very negligible waiting time.

that is one of my favorite points in this project. and that you can link the tokens directly to your own account. That makes buying and selling much easier.
I'm really looking forward to opening a 47BK account. unfortunately it will take some time

I can agree with this it is also one of my favorite points and i am so glad that i can still be a part of this ico i love this idea of 47bank and i am 100% sure they will reach the top.

[rathaha10]

Is there any airdrop available for Fory seven Bank ? Would be cool if it there was. I thought i heard someone saying that there was a airdrop in the past.

[ibininja]

They are offering lots Innovative products for everyone, like for example, Cryptocurrency transactions within bank’s application, by using mobile applications, clients will be able to buy and sell any type of digital currency at bank’s internal exchange with low fees and a very negligible waiting time.

that is one of my favorite points in this project. and that you can link the tokens directly to your own account. That makes buying and selling much easier.
I'm really looking forward to opening a 47BK account. unfortunately it will take some time

Is it possible for anyone to open 47bank when it become available? Or is it country specific? It will be not be easy task to maintain bank account from completely different country in practice right? This would also be very much complicated. I am not sure how this will be executed..

They said that their services would be available to all countries except "sanctioned countries". I tried to figure out what does it mean but I didn't find any information on their website. Tried asking here but got no response. I also think that maintaing bank accounts for people all over the world is not practical, atleast not in the beginning. Maybe they will focus on EU countries.

I think it would be wise to start in EU then move outwards. There are several regulations governing different countries and it would be difficult to try scaling immediately. At the end of the day there are several service they will be providing some of which would not really matter where you are or where they are incorporated.

[girib1684]

Is there any airdrop available for Fory seven Bank ? Would be cool if it there was. I thought i heard someone saying that there was a airdrop in the past.

I did not seen anything about airdrop. Where you heard about that. If really airdrop is available then I'm glad to join this. I need to check again on their website/bitcointalk thread.

[Anilg]

As an early investor, it’s really upsetting that the company misled investors by stating there was a fake 20% bonus. First off, building it into price is rudimentary and secondly, the fact that the “bonus” lasts the entirety of the ico is insulting.

I thought bonus here is a good thing.. Don't get how and why it is insulting... This is too make every investor have equal or almost equal status after purchasing the tokens.

I am also not getting his point. How Bonus is insulting? Or he mean to say that why bonus is for whole ICO period. This Bonus should be for only limited days and not for whole main sale period?

If the bonus is given during the entire ICO then this is no logner considered a bonus is it? People might have been tempted to buy early to get the bonus. Maybe they sold other tokens to get the ETH to invest which they wouldn't have done if they could wait several weeks with the investments. However, I don't really see the problem here as the 20% bonus won't be for the entire duration of the ICO.

Ah. I got your point now, so bonus should be for limited period of time so that investors can jump early. And since its looks like Bonus if for entire mail sale period people might wait for last day for subscription. Dev team need to clarify bonus part here. Lets wait for update from them.