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

[msukairi]

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.

I didn't see any airdrop announcement so I think it's fake, BTW are they willing to issue crypto card as all people now are suffering because of this.

[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.

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.

My point is that there is no extra incentive for early investors. The so called bonus they talked about lasts throughout the project, which means that even those who invest on the last day still gets the same bonus. All these while they made it look as if it was a bonus for early payment while what it really is is a bonus for investment in general.

[girib1684]

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.

My point is that there is no extra incentive for early investors. The so called bonus they talked about lasts throughout the project, which means that even those who invest on the last day still gets the same bonus. All these while they made it look as if it was a bonus for early payment while what it really is is a bonus for investment in general.

There is not extra incentive for early investors. You will get whatever they offered 20% bonus with your investment. As per white paper for early investors they offered 30% bonus. And I guess you never seen properly that rates is included with bonus.

1 FSBT = 0.00393 ETH
1 ETH = 254.4 FSBT

[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.

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.

My point is that there is no extra incentive for early investors. The so called bonus they talked about lasts throughout the project, which means that even those who invest on the last day still gets the same bonus. All these while they made it look as if it was a bonus for early payment while what it really is is a bonus for investment in general.

There is not extra incentive for early investors. You will get whatever they offered 20% bonus with your investment. As per white paper for early investors they offered 30% bonus. And I guess you never seen properly that rates is included with bonus.

1 FSBT = 0.00393 ETH
1 ETH = 254.4 FSBT

Initially they said there is bonus for early investors before 28Feb, but apparently the bonus is supposed to last throughout, thus defeating the goal for investing early. Anyway, there isn't any issue anymore. The team has looked into it and have come up with a lasting solution. Starting from 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%.
Now those who invested before 28feb can have their bonus

[faulerwilli]

Now that the bonus modalities have been resolved, we could return to the project. Have you already seen that they offer payment processing and invoicing for e-commerce? This will be another easy way to pay in online shops. Good for the customers and the shop operators

[Nathan01]

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.

The banking application process that fortyseven bank is about initiating is one that's both innovative and advanced in technology and built, added is the benefit to sell within this app, I do like to suggest pairing with a lot of cryptocurrencies for sake of wider reach and user base say pairing against btc, usdt, eth, cny, euro is a great step too... The pairing currency shouldn't be limited in nature

[Anilg]

Now that the bonus modalities have been resolved, we could return to the project. Have you already seen that they offer payment processing and invoicing for e-commerce? This will be another easy way to pay in online shops. Good for the customers and the shop operators

Its good to see FSBT offering payment processing and invoicing for e-commerce. FSBT is going to provide banking solution, so these kind of add-on features is expected from FSBT and I am expecting more such things in future.

[FortySeven]

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.

It's not an airdrop, it's a giveaway!

[Cnote328]

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.

It's not an airdrop, it's a giveaway!

Giveaway!! You mean freebies is the gaveaway still on?  If yes how can I partake please thanks.

[nesh1]

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.

It's not an airdrop, it's a giveaway!

A giveaway i do not know anything about that do you have anymore information about that or a link maybe it is on your website but i did not notice it.

[cryptossi]

Wow I'm amazed, I have only just looked at the Forty Seven Bank token distribution section! 90% of tokens being distributed will be for investors, 5% will be for the founders and 5% will be for bounty participants!

That is incredibly generous of the Forty Seven Bank team that the founders will have the same share as the bounty team! This is a good incentive for the founders to sell as many tokens as possible because if this ICO isn't a success then the Forty Seven Bank founders will take little profit for their hard work.

[phantam]

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.

It's not an airdrop, it's a giveaway!

A giveaway i do not know anything about that do you have anymore information about that or a link maybe it is on your website but i did not notice it.

No to my knowledge theirs no giveaway or airdrop the fact is from what i read 47 is going a long well and seems to have a pretty stable growth so not sure they need to do a giv away don’t forget giveaways and other free avenues for tokens just leads eventually to people dumping tokens after launch and driving down price no matter how good the project is I’m hopeful any give sways or awards will be exceptionally minor to keep overall token value high

[gogok]

Wow I'm amazed, I have only just looked at the Forty Seven Bank token distribution section! 90% of tokens being distributed will be for investors, 5% will be for the founders and 5% will be for bounty participants!

That is incredibly generous of the Forty Seven Bank team that the founders will have the same share as the bounty team! This is a good incentive for the founders to sell as many tokens as possible because if this ICO isn't a success then the Forty Seven Bank founders will take little profit for their hard work.

Such distribution should stimulate the team for productive work. But you do not forget that the team itself, too, can be a part of investors. Considering the distribution, I think that it is.

[Ace44]

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.

Here's something important that is worthy to note, for developers (in order to upload their apps to FSBT app platform) and for businesses (for introducing smart contracts inside their business) - they will need FSBT tokens, which means that tokens are going to have real demand on secondary market and the price for them will increase substantially.

[faulerwilli]

Wow I'm amazed, I have only just looked at the Forty Seven Bank token distribution section! 90% of tokens being distributed will be for investors, 5% will be for the founders and 5% will be for bounty participants!

That is incredibly generous of the Forty Seven Bank team that the founders will have the same share as the bounty team! This is a good incentive for the founders to sell as many tokens as possible because if this ICO isn't a success then the Forty Seven Bank founders will take little profit for their hard work.

Yes, that is really good. It's not the main reason, but I prefer to invest in ICO's if the team does not keep 50% or more. 5% is a very good value. They are probably convinced to make enough profit with the  banking business in the future

[Ace44]

Wow I'm amazed, I have only just looked at the Forty Seven Bank token distribution section! 90% of tokens being distributed will be for investors, 5% will be for the founders and 5% will be for bounty participants!

That is incredibly generous of the Forty Seven Bank team that the founders will have the same share as the bounty team! This is a good incentive for the founders to sell as many tokens as possible because if this ICO isn't a success then the Forty Seven Bank founders will take little profit for their hard work.

Yes, that is really good. It's not the main reason, but I prefer to invest in ICO's if the team does not keep 50% or more. 5% is a very good value. They are probably convinced to make enough profit with the  banking business in the future

I really do agree with you, once the heads of a team are very confident on their project, then is definitely going to succeed, as you can see from the statistics, that's incredibly low, the question is, why will they keep such low amount for themselves?, the answer is simple, they are believers, believers of success, believers of integrity and that's a really remarkable thing to commend on

[cryptossi]

Wow I'm amazed, I have only just looked at the Forty Seven Bank token distribution section! 90% of tokens being distributed will be for investors, 5% will be for the founders and 5% will be for bounty participants!

That is incredibly generous of the Forty Seven Bank team that the founders will have the same share as the bounty team! This is a good incentive for the founders to sell as many tokens as possible because if this ICO isn't a success then the Forty Seven Bank founders will take little profit for their hard work.

Such distribution should stimulate the team for productive work. But you do not forget that the team itself, too, can be a part of investors. Considering the distribution, I think that it is.

That is very true because I guess the 'founders' does not include the marketing team or the admin staff but still it shows that they must have real faith in their project to only take 5% of the tokens for their own benefit!

[Anilg]

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.

It's not an airdrop, it's a giveaway!

A giveaway i do not know anything about that do you have anymore information about that or a link maybe it is on your website but i did not notice it.

No to my knowledge theirs no giveaway or airdrop the fact is from what i read 47 is going a long well and seems to have a pretty stable growth so not sure they need to do a giv away don’t forget giveaways and other free avenues for tokens just leads eventually to people dumping tokens after launch and driving down price no matter how good the project is I’m hopeful any give sways or awards will be exceptionally minor to keep overall token value high

I also dont see any details about giveaway. If at all there are free tokens then I am very much interested in it. And I will not dump FSBT, that will be big mistake.

[Gunny95]

Wow I'm amazed, I have only just looked at the Forty Seven Bank token distribution section! 90% of tokens being distributed will be for investors, 5% will be for the founders and 5% will be for bounty participants!

That is incredibly generous of the Forty Seven Bank team that the founders will have the same share as the bounty team! This is a good incentive for the founders to sell as many tokens as possible because if this ICO isn't a success then the Forty Seven Bank founders will take little profit for their hard work.

Such distribution should stimulate the team for productive work. But you do not forget that the team itself, too, can be a part of investors. Considering the distribution, I think that it is.

That is very true because I guess the 'founders' does not include the marketing team or the admin staff but still it shows that they must have real faith in their project to only take 5% of the tokens for their own benefit!

Hmm in my opinion that 5% should be locked for a long while, that way people have the guarantee that there will remain the incentive by the FSBT team to work on increasing the value of the tokens

[cryptossi]

Check out the latest Reddit post from Forty Seven Bank: https://www.reddit.com/r/FortySevenBank/comments/8155jq/check_out_our_actual_price_index_with_charts/

Check out their actual price index with charts!