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

[Ace44]

FORTY SEVEN BANK has a strong strong concept for crypto world. Looking forward to participating on these activities.

They intend to like cover a lot of aspect in cryptocurrency, providing a platform that will be beneficial for developers, create an avenue of awareness for the people to understand what cyptocurrency is all about and also give them that opportunity to embrace it with a new perception

[ibininja]

This was the right thing to do. They lowered the hardcap which is very smart. Now they have sold half of their tokens, and the ICO will end in 29 days. Hardcap is now really possible to hit.

It was a wise decision but my only concern is with the current price of Eth and a lowered hardcap, will the total capital raised at the end be enough for the task it is meant for??? Was the initial hardcap not set based on the financial requirements?

That is a smart interpretation; They lowered the hardcap is like they sold half of it. I think now with lowering the sale would be easier to execute given you do not have wait double the time maybe.

[Hendobox]

This was the right thing to do. They lowered the hardcap which is very smart. Now they have sold half of their tokens, and the ICO will end in 29 days. Hardcap is now really possible to hit.

It was a wise decision but my only concern is with the current price of Eth and a lowered hardcap, will the total capital raised at the end be enough for the task it is meant for??? Was the initial hardcap not set based on the financial requirements?

I think you asked a wise question mate. But I think that hardcap can be flexible. Most projects don't reach their hardcap, but they are still considered a success because they passed softcap.

[Owillz]

This was the right thing to do. They lowered the hardcap which is very smart. Now they have sold half of their tokens, and the ICO will end in 29 days. Hardcap is now really possible to hit.

It was a wise decision but my only concern is with the current price of Eth and a lowered hardcap, will the total capital raised at the end be enough for the task it is meant for??? Was the initial hardcap not set based on the financial requirements?

That is a smart interpretation; They lowered the hardcap is like they sold half of it. I think now with lowering the sale would be easier to execute given you do not have wait double the time maybe.

Yea. I get it. But still that just means less targeted amount, less number of investors needed on an average and less capital needed or raised at the end of everything. In order words still keeping my initial question valid and unanswered. But the only reasonable explanation now until I her from the team is that Maybe they had to cut down on their expenses

[girib1684]

This was the right thing to do. They lowered the hardcap which is very smart. Now they have sold half of their tokens, and the ICO will end in 29 days. Hardcap is now really possible to hit.

It was a wise decision but my only concern is with the current price of Eth and a lowered hardcap, will the total capital raised at the end be enough for the task it is meant for??? Was the initial hardcap not set based on the financial requirements?

I think you asked a wise question mate. But I think that hardcap can be flexible. Most projects don't reach their hardcap, but they are still considered a success because they passed softcap.

You are right. See the latest status on website. Progress moved more than 50% now. And still more than 28 days are remains. I am 100% sure 47B will be reach their hard cap too.

[phantam]

This was the right thing to do. They lowered the hardcap which is very smart. Now they have sold half of their tokens, and the ICO will end in 29 days. Hardcap is now really possible to hit.

It was a wise decision but my only concern is with the current price of Eth and a lowered hardcap, will the total capital raised at the end be enough for the task it is meant for??? Was the initial hardcap not set based on the financial requirements?

I think you asked a wise question mate. But I think that hardcap can be flexible. Most projects don't reach their hardcap, but they are still considered a success because they passed softcap.

You are right. See the latest status on website. Progress moved more than 50% now. And still more than 28 days are remains. I am 100% sure 47B will be reach their hard cap too.

Ya they seem to have balanced their goals quite well with the extension it was a good move on their part to see the ico extended with the state of the market it was a good choice. I hope they continue to expand their marketing efforts and really drive home this final stretch of run for the ico to really nail it home

[Anilg]

Guys, I just have one doubt. Dont you think keeping FSBT price in ETH is not so good decision as ETH price movement affecting token price? It would have been much better if price was fixed in USD?

For us investors that is certainly an advantage, as we can buy the tokens much cheaper. For 47BK this is of course not so good right now. But they have enough reserves to wait until ETH rises again. Moreover, they only go to the stock exchanges, if ETH is back at 700-800, then they can still sell some tokens

We cant predict crypto market, what if ETH price instead of coming towards 3xx USD moved up to 2000+ USD? FSBT would have been sold out by now?

[cryptorani]

Guys, I just have one doubt. Dont you think keeping FSBT price in ETH is not so good decision as ETH price movement affecting token price? It would have been much better if price was fixed in USD?

For us investors that is certainly an advantage, as we can buy the tokens much cheaper. For 47BK this is of course not so good right now. But they have enough reserves to wait until ETH rises again. Moreover, they only go to the stock exchanges, if ETH is back at 700-800, then they can still sell some tokens

We cant predict crypto market, what if ETH price instead of coming towards 3xx USD moved up to 2000+ USD? FSBT would have been sold out by now?

Thanks guys for your reply. So we cant say that fixing token in ETH price is good or fixing in USD Is good. Its all depend on market condition. Lets hope ETH goes upto 800 USD so that FSBT starts listing process

[iffisays]

Lowering the hardcap is a best move fortyseven. This project is awesome

[Nathan01]

Progress bar grown in last two days, participants count also increased by more than 100. Last 1 day, 7 hours are remains to close ICO. Lets see how much fund they will get till end of ICO.

I thought ico was prolonged for one month plus... Or they are going to end the present before kicking of with the new one?

I noticed that this Ico will ends in 1 day, and it doesn't reach the hardcap. If they had planned to prolonged the Ico, how much would be the hard cap?

Maximum supply is now 5,555,555 FSBT. Please check update in our website: www.fortyseven.io

Quite an amazingly low supply that makes a lot of sense, this should easily be among the very top coin before year end..

Indeed a very low Token supply. If they sold all Token and reach hardcap you will have only 5.5 Million Token. The market capitalization will be around 20 million $. Not much for a Crypto Bank with all the advantages

With loyalty and services never offered before in both traditional and modern banking... They easily will go for both a commercial and merchant bank put together

[cryptossi]

Progress bar grown in last two days, participants count also increased by more than 100. Last 1 day, 7 hours are remains to close ICO. Lets see how much fund they will get till end of ICO.

I thought ico was prolonged for one month plus... Or they are going to end the present before kicking of with the new one?

I noticed that this Ico will ends in 1 day, and it doesn't reach the hardcap. If they had planned to prolonged the Ico, how much would be the hard cap?

Maximum supply is now 5,555,555 FSBT. Please check update in our website: www.fortyseven.io

Quite an amazingly low supply that makes a lot of sense, this should easily be among the very top coin before year end..

Indeed a very low Token supply. If they sold all Token and reach hardcap you will have only 5.5 Million Token. The market capitalization will be around 20 million $. Not much for a Crypto Bank with all the advantages

Yeah it's not great, but they were no where near hitting their previous hardcap so it was a smart decision to lower the supply because otherwise there would be millions of useless/unsold tokens that would just end up being burned in the end.

[Zombie259]

Guys, I just have one doubt. Dont you think keeping FSBT price in ETH is not so good decision as ETH price movement affecting token price? It would have been much better if price was fixed in USD?

For us investors that is certainly an advantage, as we can buy the tokens much cheaper. For 47BK this is of course not so good right now. But they have enough reserves to wait until ETH rises again. Moreover, they only go to the stock exchanges, if ETH is back at 700-800, then they can still sell some tokens

We cant predict crypto market, what if ETH price instead of coming towards 3xx USD moved up to 2000+ USD? FSBT would have been sold out by now?

Thanks guys for your reply. So we cant say that fixing token in ETH price is good or fixing in USD Is good. Its all depend on market condition. Lets hope ETH goes upto 800 USD so that FSBT starts listing process

That depends indeed on the market conditions. I think it takes till summer before ETH goes up to 800$, but we have time to wait.

[gee777]

This was the right thing to do. They lowered the hardcap which is very smart. Now they have sold half of their tokens, and the ICO will end in 29 days. Hardcap is now really possible to hit.

It was a wise decision but my only concern is with the current price of Eth and a lowered hardcap, will the total capital raised at the end be enough for the task it is meant for??? Was the initial hardcap not set based on the financial requirements?

That is a smart interpretation; They lowered the hardcap is like they sold half of it. I think now with lowering the sale would be easier to execute given you do not have wait double the time maybe.

Yea. I get it. But still that just means less targeted amount, less number of investors needed on an average and less capital needed or raised at the end of everything. In order words still keeping my initial question valid and unanswered. But the only reasonable explanation now until I her from the team is that Maybe they had to cut down on their expenses

They would have to cut down some of their expenses unless the initial hardcap was set with a double income stream but if u do the calculations you will see that they would have a little amount for the project implementation which is very low.. So i am trying to see what 47bk are trying to do here.

[rathaha10]

Lowering the hardcap is a best move fortyseven. This project is awesome

They knew that it would be impossible to sell them even when they are extending the ICO. There was one decision left, and that was lowering the hardcap. I think that everybody agrees that this was a good move.

[Cnote328]

I think all investor show find solace in knowing that Forty seven bank team cares about investors, longer window of opportunity to purchase FSBT, hard capped halved therefore lowering total supply. Supporters will be the winners in the long run.

[Gunny95]

I think all investor show find solace in knowing that Forty seven bank team cares about investors, longer window of opportunity to purchase FSBT, hard capped halved therefore lowering total supply. Supporters will be the winners in the long run.

Indeed, the progress bar is looking good and knowing that 47B is globally active, so is their customer support

[Anilg]

I think all investor show find solace in knowing that Forty seven bank team cares about investors, longer window of opportunity to purchase FSBT, hard capped halved therefore lowering total supply. Supporters will be the winners in the long run.

Indeed, the progress bar is looking good and knowing that 47B is globally active, so is their customer support

Did you noticed that number of FSBT token per ETH is reduced? So FSBT team adjusting number of FSBT tokens based on ETH price also.

[cryptorani]

I think all investor show find solace in knowing that Forty seven bank team cares about investors, longer window of opportunity to purchase FSBT, hard capped halved therefore lowering total supply. Supporters will be the winners in the long run.

Indeed, the progress bar is looking good and knowing that 47B is globally active, so is their customer support

Did you noticed that number of FSBT token per ETH is reduced? So FSBT team adjusting number of FSBT tokens based on ETH price also.

Yes, But I guess thats due to 10% bonus is removed. Initially number of FSBT tokens per ETH was including bonus.
I see good response to FSBT even after bonus is removed

[jamzzz123]

I think all investor show find solace in knowing that Forty seven bank team cares about investors, longer window of opportunity to purchase FSBT, hard capped halved therefore lowering total supply. Supporters will be the winners in the long run.

Indeed, the progress bar is looking good and knowing that 47B is globally active, so is their customer support

Did you noticed that number of FSBT token per ETH is reduced? So FSBT team adjusting number of FSBT tokens based on ETH price also.

It's good to see whilst the crypto market is taking a bit of a hit, will give still leave investors confident with the project as the price has been taken into consideration

[Hendobox]

Once ICO ends, if everything remains the same then FSBT will still be released onto exchanges. People who invested with existing holdings of ETH will be able to do as they please, if you sell, you lose nothing in ETH as you stated earlier.