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Topic: ▆ █ [ANN] FIINU BANK █ ▆ █ BRITISH BLOCKCHAIN BANK █ ▆ █ PRE ICO OPEN █ ▆ - page 2. (Read 2127 times)

member
Activity: 76
Merit: 10
lets hope for good news... but anyway I naver will invest in ICO where this team is working. very bad information policy this is a shame for a company who has raised so much money(amateurs when it comes to PR or even just usual information of our investors....)
newbie
Activity: 35
Merit: 0
The Bank of England could use some help with their visuals  Grin but anyway.

Very interesting, folks have a loot at the Bank of England presentation: Page 7. The word ‘bank’: You cannot call yourself a bank unless you are one.

Fiinu does not claim to be a bank and I raise my hat for them clearly stating that in their documents but this is something I have raised elsewhere in bitcoingtalk as a concern. There are so many crypto and bitcoin bank projects who seem to have no idea what they are talking about. Being a UK-citizen and working in the regulatory/banking industry, I can assure you that getting a banking licence from the BoE is NOT very easy.

I am prepared to take 10% risk, because the return on investment here is real and massive. I am in.     
newbie
Activity: 6
Merit: 0
Arguably should consider myself as an investor. However I would appreciate your answer on what stage are you at in the process of getting banking licence.

Fiinu is in Challange Session. According to Bank of England (Jun, 2017) 79% of applicants who have reached the same milestones as Fiinu have been authorised,
with just 5% being declined. The remaining 16% is still undergoing the process.

http://www.bankofengland.co.uk/pra/Documents/authorisations/newfirmauths/nbsuslides090617.pdf - Slide 28
newbie
Activity: 2
Merit: 0
I think it will be advisable to freeze the trade before obtaining a license. Because otherwise the price will drop below the ICO. People do not know how to wait

According to their whitepaper, the trading will be locked until the Bank of England has approved their banking licence.
hero member
Activity: 2054
Merit: 528
❤ Bitcoin Garden
Bitcoin Garden: Fiinu launches pre-sale ahead of ICO
https://bitcoingarden.org/fiinu-launches-pre-sale-ahead-ico/

Fiinu, the bank founded by successful tech entrepreneur Marko Sjoblom, will launch its pre-ICO on 9th October 2017 for one month before the full ICO launch on 10th November 2017. The Fiinu ICO will be one of the most credible, safest and secure ways for investors to have exposure to digital currency technology.

Fiinu will become a bank utilising new technologies to provide better banking services for those who are currently under-served. Users of crypto-currency will benefit from a single account for both sterling and crypto-currency use, and will be able to drawdown crypto-currencies into sterling (and other currencies) for a fraction of the current market rate. Additionally, customers currently being under-served by the incumbent bank’s archaic credit rating system will finally be able to access services designed to lower the cost of banking and improve the quality of financial products...

sr. member
Activity: 457
Merit: 251
That sounds a huge idea for cryptocurrency, it seems that I can deposit my cryptocurrency into this bank.
Anyway, that's a good idea, is there any bounty program or airdrop?
full member
Activity: 490
Merit: 100
Arguably should consider myself as an investor. However I would appreciate your answer on what stage are you at in the process of getting banking licence.

Wondering the same because legalization and banking license is the key here.
sr. member
Activity: 728
Merit: 251
Interesting projects, I would like to see how the team in this project will make this project successful. i am hope your project will be successfully in the future. regards from me.  Smiley
sr. member
Activity: 728
Merit: 252
Healing Galing
400k eth maximum cap seems too large, I am watching this project anyway.
Yes. But it is the Maximum cap and not the Minimum.The Money Back Guarantee is quite unique with their project. I reviewed their team, every connections from linkedin and i was amaze how professional the people involve. This is quite a project everyone need to look for this year. 90% Money Back  Cheesy.
hero member
Activity: 728
Merit: 500
400k eth maximum cap seems too large, I am watching this project anyway.
sr. member
Activity: 728
Merit: 252
Healing Galing
it seems like this is a good project to follow, perfect concept and good planning, I just hope it will not have any problems with the local area or regulation, I like the team, even though they have not shown their experience, hopefully they can bring this project into success
If this is located in England, they need to comply with British AML regulations. Most of the ICO's located in Europe will not have a problem dealing with that. This is a great project to look for.
hero member
Activity: 742
Merit: 500
full member
Activity: 602
Merit: 100
You had my interest - and purse - at "British". Going to lap up the whitepaper in earnest!
sr. member
Activity: 560
Merit: 251
blockchain banks have recently become very popular, but this is in need of a good security, as it is very vulnerable to hackers who are getting easier to explore it, but this is a british bank, maybe this will be very good
newbie
Activity: 35
Merit: 0
The project seems to be well-thought of and well-prepared. But not sure if all members of the team are real.
If possible, can you give at least links of their respective profiles? Thanks.

Agree, this was not clear from the announcement. I went however to their website (https://fiinu.com) and all the information is there, including their LinkedIn-links.
Scroll down to Core Team section. It seems the bunch has worked many years together. There are some highly interesting backgrounds.
 
https://www.linkedin.com/in/andy-briscoe-b7b1a097/
https://www.linkedin.com/in/katrina-arnold-65974a8/
https://www.linkedin.com/in/marko-sjoblom-262b2393/
https://www.linkedin.com/in/indrekpari/
https://www.linkedin.com/in/jiggy-rawal-fcma-cgma-16ba2348/
https://www.linkedin.com/in/david-hopton-8897b19b/
https://www.linkedin.com/in/ragnareisler/
https://www.linkedin.com/in/juriandrushik/
https://www.linkedin.com/in/rommeltinoco/
https://www.linkedin.com/in/albert-owen-03437857/
https://www.linkedin.com/in/gökhan-yavuz-65908b46/
https://www.linkedin.com/in/scabir/
https://www.linkedin.com/in/mahirsertkaya/

I think this is one of the most impressive ICO teams I have seen before. I am interested.


full member
Activity: 210
Merit: 100
it seems like this is a good project to follow, perfect concept and good planning, I just hope it will not have any problems with the local area or regulation, I like the team, even though they have not shown their experience, hopefully they can bring this project into success
hero member
Activity: 2744
Merit: 588
The project seems to be well-thought of and well-prepared.
But not sure if all members of the team are real.
If possible, can you give at least links of their respective profiles? Thanks.
full member
Activity: 350
Merit: 100
Your project is very interesting and very good. should such a project should be run by creating a large promotion and bounty. that's my opinion because i read from your whitepaper. this is a pretty big project. good luck dev and i success for your project.
newbie
Activity: 6
Merit: 0
other european banking
the question is, is this only usable by users who reside in english or europe, or can it be used by all countries?
this is a good project to follow, btw

We will be opening up a small bounty programme soon - please join our Telegram, and follow our social channels for more information  Smiley
I am waiting for it, good luck

Digital-Asset-Backed Credit product will be initially available for UK-residents only, other countries will follow as we roll out products on a country by country basis.

https://fiinu.com/documents/terms-and-conditions.pdf


full member
Activity: 728
Merit: 101
reserved for Indonesian ANN

We will be opening up a small bounty programme soon - please join our Telegram, and follow our social channels for more information  Smiley

Thanks, I will join
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