Topic: [ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers - page 291. (Read 58120 times)

When we get banking license we are planning to begin working with private customers from all over the world and with business customers from European Union. Later we are planning to expand our operations with business customers to other parts of the world.
Depending on milestone reached during ICO procedure we will have amount of capital that will allow us to begin with different range of products and services. You can learn more about our milestones and product introduction stages in our White Paper (starting with page #53) following this link:   https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view
Let us know if you need any further information!

How will your escrow services be like?

Yes, our team has relevant and successful experience of creating financial technology products and officially registering them and getting license at Financial Conduct Authority in the United Kingdom.

I mean, which products will you launch first?

Investors will become FSBT token holders of our Bank. Tokens will be transfered to contributors' Ethereum wallets by a smart contract in conformity with the donation amount and the bonuses defined in the bonus system.

Token holders of FSBT tokens will get several important benefits:

1) They will be top priority clients of Forty Seven Bank and will receive yearly rewards in FSBL tokens that can be exchanged in our loyalty shop for wide range of different products and services, such as travelling, electronics, entertainment, clothing, etc. Forty Seven Bank will invest 20% of its net profit for previous year into loyalty program. The figure below describes this.

https://i.imgur.com/67GuVqK.png

2) Token holders will be the first to try our products and services.

3) Developers and businesses who have FSBT tokens will be able to get full access to Forty Seven Bank products and services and will be able to upload their applications on Forty Seven App Platform or build automated business powered by blockchain and smart contract technologies.

These are the main benefits, but there are more of them.

Apart from that, contributors to our ICO campaign will get additional benefits from Forty Seven Bank based on the amount of their contribution.

You can find more information about this in our document Token Holders Benefits following this link:   https://drive.google.com/file/d/0BwDjfDDrGhcsLTJOYzd1ZkZ0WU0/view

Awesome

Just joined your signature campaign. This is a much needed project in the cryptocurrency space.

Just to confirm, will deposits be insured by the FSCS (UK's Financial Services Compensation Scheme) just like any other bank?

joined the bounty, looks like a great project!

Thank you for your comment, you are absolutely right. Whereas other ICO projects related to finance are usually offering some kind of product or service, we offer complete banking solution and concept that unites two financial worlds. A credit or a debit card with connected cryptocurrency wallet is just one of the products in wide list of products and services of Forty Seven Bank.

We came to this structure after several long discussions and we believe that we have interesting structure for people to participate and contribute to our project. We are giving 30 % bonus at Pre-ICO, because minimum contribution is 4.7 ETH - those who take part in early stage with such minimm contribution amount - will get he highest bonus. If you have any suggestions, we are interested to hear them and, please, explain why do you think another strategy is better.

Thanks a lot for your reply. When do you guys plan to launch? Do you have experience to be able to meet the licensing requirements? A bank is not a lemonade stand...

I assume that this is a cryptocurrency bank but how would you connect real bank into this? And what's the difference with this to those other exchanges?

Yes, sure. You will be able to make payments inside Forty Seven Bank ecosystem, as well as to other banks in all the parts of the world.

What are your plans when you release the bank?

Definetely! We would like to improve the reputation of ICO market and make it recognizable legal procedure through which companies can attract financing easily, quickly and efficeintly.

I want to know what are the advantages of this project for investors

Indeed, knowing specific conditions will be extremely helpful.

Has the team relevant experience?

I have read the turkish translation and have taken an interest
escrow service is very nice
I will definitely agree
i hope is very successful

Please clarify this . Also what will the fee be .

I hope you will get a lot of attention from potential investors from all around the world.
I will use all my power to promote this project.