Looks interesting, what is the soft cap and hard cap for your ICO and pre-ico? I want to know the stats.
Hard cap for ICO is 360 000 ETH, according to our calculations it will be approximately 100M FSBT tokens (including bonus tokens). Hard cap for pre-ICO is 90 000 ETH.
There is no real softcap, we will launch the project either way, as we do have interested institutional and private investors. All the contributors to our project will receive FSBT tokens and benefits stated in our documents. If we do not get enough ETH during ICO, we will get necessary funding partly from our investors, partly from our own resources.
Minimum amount is stated as our estimate of how much funds we need to begin the project and provide the range of products and services described for Milestone 1. However, we believe our ICO procedure will help us to gather much more resources than 18 000 ETH and we will start with bigger capital and will become more successful.
Also, there are many bank projects, how do you compete with them?
There is no bank working with cryptocurrencies on the same level as with fiat, whereas banks of the future will have to adjust to changing evroinment. Forty Seven Bank will be a pioneer in this field by taking a leading position among the banks of the future. So, we don't have competitors.
Wow, amazing, the hard cap is too high I think, 360k ETH is not easy to be raised, but you can try your best to raise as much as possible. If your product is revolutionary, 360k eth is possible.
