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

[Zombie259]

Why really does it have too be quite easy to get listed in small exchanges and too hard to get listed in big exchanges?

Big exchanges means, people will trust easily as well as normally it will have huge volume. Small exchange means the liquidity issue as well as trust issue. Suddenly they close and run away. Even though, this is also possible with big exchanges, the probability is slightly lower. That's why all quality ICOs going for good exchanges.

The Big Exchanges want big fees to list a new coin. For topia for example you have to buy 5000000 DOT (200-400 Sat  each) only they list a coin.
10-20 BTC is to much for some ICOs.

[Ace44]

what value do you think FSBT will have by 2019, And when do they plan to start providing full scale banking services?

Well, it depends on a lot and how they intend to follow their roadmap, as we all know, any hype in a project will really lead to an increase in value, so if the project is judiciously followed as planned, we may see this going sky high, of course these are just predictions, as a lot can also influence the price of a token, including the rise and fall of bitcoins

[Abah007]

Why really does it have too be quite easy to get listed in small exchanges and too hard to get listed in big exchanges?

The bigger exchanges have bigger trading volumes, and the coins and tokens that are listed are with real products and already a large number of customers. Also biggest exchange points have a lot more requirements to list, such as:
-New blockchain features
-A significant improvement over existing blockchain
-Interesting, innovative, or unique application
-Usefulness of use cases
-Technological experience and reputation of the token applicant and team
-Market interest
We have these points, so we have a very good chance to get into bigger exchanges. Smaller ones dont need so much requirements

Yeah it's pretty straight forward and the 47 Bank team has explained it well, the bigger exchanges have more interest and higher volatility/liquidity, therefore they can charge higher fees to projects to get listed, or they will have strict conditions/eligibility criteria for a project to qualify for listing.

First, you're going to have to prove that your altcoin is useful and has value and liquidity. You can't just create a new coin and expect people to value it. The most successful altcoins have something different about them or some feature that other coins don't have. In other words, you need to create some kind of demand.

[nxnqauff]

what value do you think FSBT will have by 2019, And when do they plan to start providing full scale banking services?

This is impossible to say at this moment. This is crypto world. It can be anything to the moon or to the underground world. Still lots of things needs to be regularized in the crypto world. If it happnes, then FSBT will be in moon.

[Cnote328]

FSBT token holders will have the following important benefits:

1) They will become the first clients of Forty Seven Bank;

2) The rights to be the first to try and use products and services offered by Forty Seven Bank;

3) Top priority place in Forty Seven Bank loyalty program;

4) Opportunity to contribute to the development of crypto community and help in charity campaigns;

5) Discounts and special conditions for products and services of Forty Seven Bank;

6) Higher FSBL token cashback multiplier when paying with Forty Seven Bank debit or credit card;

7) The range of the most commonly used mobile and online banking products for free;

8 ) No fee for using Multi-Asset Account;

9) Opportunity to sell tokens more expensively on secondary market when they increase in value in future;

10) Possibility for traders to speculate on token yield.

[nesh1]

what value do you think FSBT will have by 2019, And when do they plan to start providing full scale banking services?

It is very hard to predict any kind of value for any kind of crypto coin or token because it is never stable it just depends on the greatness of a project and the supporters of the project.

[gee777]

Dear group members, Your opinion is really important for us.

What do You think about our latest bonuses?

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%.

It is a fair deal to investors who contribute those amounts of eth in equivalent but is the bonus only to eth contributors or the same is applied to bitcoin and other currencies

[ganeshramk]

FSBT token holders will have the following important benefits:

1) They will become the first clients of Forty Seven Bank;

2) The rights to be the first to try and use products and services offered by Forty Seven Bank;

3) Top priority place in Forty Seven Bank loyalty program;

4) Opportunity to contribute to the development of crypto community and help in charity campaigns;

5) Discounts and special conditions for products and services of Forty Seven Bank;

6) Higher FSBL token cashback multiplier when paying with Forty Seven Bank debit or credit card;

7) The range of the most commonly used mobile and online banking products for free;

8 ) No fee for using Multi-Asset Account;

9) Opportunity to sell tokens more expensively on secondary market when they increase in value in future;

10) Possibility for traders to speculate on token yield.

Interesting summary to be honest. This summary should be in all social media again and again to show the benefits of FSBT tokens. Tokens sales should get picked up very soon and reached their hardcap. Fingers crossed.

[phantam]

what value do you think FSBT will have by 2019, And when do they plan to start providing full scale banking services?

It is very hard to predict any kind of value for any kind of crypto coin or token because it is never stable it just depends on the greatness of a project and the supporters of the project.

Yep thats one of those questions thats just asking for random guessing, most of us will predict higher than ICO price, but how much higher who knows... the problem tends to be you can never tell which projects are being held by weak hands and which are being held by real investors waiting to see where the project will evolve to, i tend to HODL and hope that the companies have success longterm so i'm hoping that by 2019 we see atleast a 2x value but wouldn't be surprised if it went beyond that.

It will come down to 47's ability to meet their goals and roadmaps.

[rathaha10]

Forty seven bank plans to have their own wallets and their own exchange. Its well described in their whitepaper starting with page 29

Really ? I knew some Icos who did that, and i always found it cool. I feel way more secured, than using a other wallet who is compatible with other coins. It has just too much phising sites.

[faulerwilli]

Forty seven bank plans to have their own wallets and their own exchange. Its well described in their whitepaper starting with page 29

Really ? I knew some Icos who did that, and i always found it cool. I feel way more secured, than using a other wallet who is compatible with other coins. It has just too much phising sites.

it's more than a wallet, it's a multi-asset account where everything comes together, fiat, crypto, credit cards, ... everything is linked together and you can easily access everything.

[Crypto__Men]

The project with an impeccable reputation, worthy of your attention!

[Zombie259]

what value do you think FSBT will have by 2019, And when do they plan to start providing full scale banking services?

It is very hard to predict any kind of value for any kind of crypto coin or token because it is never stable it just depends on the greatness of a project and the supporters of the project.

Yep thats one of those questions thats just asking for random guessing, most of us will predict higher than ICO price, but how much higher who knows... the problem tends to be you can never tell which projects are being held by weak hands and which are being held by real investors waiting to see where the project will evolve to, i tend to HODL and hope that the companies have success longterm so i'm hoping that by 2019 we see atleast a 2x value but wouldn't be surprised if it went beyond that.

It will come down to 47's ability to meet their goals and roadmaps.

If 47B will hit their goals and can follow the announced roadmap then will have a bright future and the value of FSBT will increase a lot in 2019.

[Nathan01]

As I've seen a dreadful whitepaper again today, I'd like to point out again that 47BK will offer the organization of ICOs. And when you see them organize their own ICO, you can only expect good things.
So please use 47BK services if you want to do an ICO

What is the exact meaning of organization of ICOs? Is it from any of their sister project or do they work on ICOs for outside projects? I am curious to know more about it. I have never heard about it before. Or is this token holders benefit?

it is one of their products for business, you can find it in the whitepaper on page 18:

Forty Seven Bank is going to provide services for
companies that would like to attract financing via
ICO. The services will include legal support,
escrow arrangements, support in transferring
digital currencies into fiat equivalent. We will also
develop rating procedures for ICO projects and
will provide thorough analysis of interesting
projects.

This will ensure that only ICOs that worth their salt get listed as their will be review and thorough rating procedure... So we potential will see 47BK as a platform to check out good ICO.

Good point, because if 47B would have delivered the services to an ICO there will be announcements both sides, so that the investor can validate

Yeah and this will help in the visibility of the project such that they almost do not need much marketing just leverage on the 47BK platform and voila investors from 47bk may decide to participate in their program....

[Hendobox]

what value do you think FSBT will have by 2019, And when do they plan to start providing full scale banking services?

I think it is a bit early to try to predict because there are many factors that have to come to play before one can really tell the direction a token will go. Also, think it will take more time before they start providing full scale banking service because they plan to start the submission of documents to receive license from Q1 next year.

[nesh1]

Forty seven bank plans to have their own wallets and their own exchange. Its well described in their whitepaper starting with page 29

Really ? I knew some Icos who did that, and i always found it cool. I feel way more secured, than using a other wallet who is compatible with other coins. It has just too much phising sites.

I would rather trust a site that can hold a lot of coins instead of one because it is easier to see where everything is like myetherwallet that is an awesome one.

[Abah007]

Having all these services provided by Forty Seven Bank, companies will have the opportunity to decrease cost, increase effectiveness procedures related to financial management and get access to wide audience of potential customers.

[cryptossi]

Having all these services provided by Forty Seven Bank, companies will have the opportunity to decrease cost, increase effectiveness procedures related to financial management and get access to wide audience of potential customers.

47 Bank is a great proposition from a business perspective, companies use different bank accounts for different purposes for example cash account, foreign exchange, payments, investments, etc.. Some even have multiple accounts wide a wide variety of banks, 47 Bank will allow these companies to manage all their different bank accounts under one master account and provide access to a whole host of services, it will definitely make managing a companies money a lot more efficient and could change the banking world forever..

[phantam]

Having all these services provided by Forty Seven Bank, companies will have the opportunity to decrease cost, increase effectiveness procedures related to financial management and get access to wide audience of potential customers.

Indeed their integrations with exchanges tied to a fiat linked banking institution should really streamline the process of moving from the fiat world to the crypto world which means simpler process and lower costs and fees which seems to be a major roadblock at the moment

[Hendobox]

Having all these services provided by Forty Seven Bank, companies will have the opportunity to decrease cost, increase effectiveness procedures related to financial management and get access to wide audience of potential customers.

That's the good thing about this project. All that is left is for everything that has been set out to go as planned.