[ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers - page 58.

ibininja

member

Activity: 490

Merit: 10

Quote from: Nathan01 on April 08, 2018, 11:07:48 AM

Quote from: faulerwilli on April 08, 2018, 08:33:48 AM

Quote from: acanetwork on April 08, 2018, 08:12:01 AM

Please tell me the difference from existing bank. Huh

can you buy cryptos at your current bank?
can you build your own bank an the platform of your current bank?
do you have access to all your wallets, other bank-accounts or exchanges from your current bank-app?
du you get benefits from your bank or do you pay for your account?

these are just a few differences to your bank

nice one faulerwilli let me add to this Cool

..

Can traditional bank provide services like Escrow,Auction, rental payment etc on their platform Huh

Banks generally use existing platforms. There are banks that provide escrow and rental payments as sub-services. But I think the main difference as mentioned aside from crypto is the ability to build on top of 47 with banks that is like a no-entry zone.

gee777

member

Activity: 728

Merit: 10

Quote from: faulerwilli on April 08, 2018, 11:42:27 PM

Quote from: gee777 on April 08, 2018, 04:33:22 PM

Quote from: rathaha10 on April 08, 2018, 04:24:38 PM

Quote from: girib1684 on April 08, 2018, 01:17:15 PM

Quote from: u_chiha on April 08, 2018, 10:30:50 AM

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

As i already have said this, but Forty Seven bank did really well to extend it. Now more people are joining it as we can see on the live counter. I do hope that it is going to be listed above the ICO price though.

I would be disappointed if it is not listed above ico price and i believe fortyseven bank token will be one of the tokens that will do well even in this market.

do not be disappointed if it goes down the price in the beginning. After all, there is a bounty campaign and these tokens are sure to be sold for the most part right after the ico. look maybe only after a few weeks after the price :-)

You are right i usually forget that there is a bounty campaign going on for this project as there was no airdrop and for the market conditions of 47bk the bounty hunters are normally the ones that do have the first say.

faulerwilli

full member

Activity: 994

Merit: 140

Quote from: gee777 on April 08, 2018, 04:33:22 PM

Quote from: rathaha10 on April 08, 2018, 04:24:38 PM

Quote from: girib1684 on April 08, 2018, 01:17:15 PM

Quote from: u_chiha on April 08, 2018, 10:30:50 AM

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

As i already have said this, but Forty Seven bank did really well to extend it. Now more people are joining it as we can see on the live counter. I do hope that it is going to be listed above the ICO price though.

I would be disappointed if it is not listed above ico price and i believe fortyseven bank token will be one of the tokens that will do well even in this market.

do not be disappointed if it goes down the price in the beginning. After all, there is a bounty campaign and these tokens are sure to be sold for the most part right after the ico. look maybe only after a few weeks after the price :-)

rathaha10

full member

Activity: 616

Merit: 108

io.ezystayz.com

Quote from: gee777 on April 08, 2018, 04:33:22 PM

Quote from: rathaha10 on April 08, 2018, 04:24:38 PM

Quote from: girib1684 on April 08, 2018, 01:17:15 PM

Quote from: u_chiha on April 08, 2018, 10:30:50 AM

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

As i already have said this, but Forty Seven bank did really well to extend it. Now more people are joining it as we can see on the live counter. I do hope that it is going to be listed above the ICO price though.

I would be disappointed if it is not listed above ico price and i believe fortyseven bank token will be one of the tokens that will do well even in this market.

Maybe it will list under the ICO price, but I am sure that it will go over the ICO price in time. You simply can't predict the market and what the price will be.

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: girib1684 on April 08, 2018, 12:29:58 PM

Quote from: Abah007 on April 08, 2018, 12:17:33 PM

I was reading the project's white-paper and roadmap. It says submission for banking license in November 2018, and obtaining license in May 2019. Is 6 months sufficient time to aquire such a license? I thought it takes at least a year.

As forty seven team is working to hard to make success project. So I guess yes. 6 month time enough to acquire license. I don't think so they need more time.

Alot of things have changed recently, I suspect it will affect the licensing too... Be it as it may, they are still on the right track notwithstanding

gee777

member

Activity: 728

Merit: 10

Quote from: rathaha10 on April 08, 2018, 04:24:38 PM

Quote from: girib1684 on April 08, 2018, 01:17:15 PM

Quote from: u_chiha on April 08, 2018, 10:30:50 AM

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

As i already have said this, but Forty Seven bank did really well to extend it. Now more people are joining it as we can see on the live counter. I do hope that it is going to be listed above the ICO price though.

I would be disappointed if it is not listed above ico price and i believe fortyseven bank token will be one of the tokens that will do well even in this market.

rathaha10

full member

Activity: 616

Merit: 108

io.ezystayz.com

Quote from: girib1684 on April 08, 2018, 01:17:15 PM

Quote from: u_chiha on April 08, 2018, 10:30:50 AM

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

As i already have said this, but Forty Seven bank did really well to extend it. Now more people are joining it as we can see on the live counter. I do hope that it is going to be listed above the ICO price though.

Abah007

newbie

Activity: 112

Merit: 0

GuardaWallet has natively supported FSBT token. Transfers, deposits, easy-to-use bank card purchase and exchange available for our token holders!

cryptossi

full member

Activity: 504

Merit: 106

★Bitvest.io★ Play Plinko or Invest!

Quote from: phantam on April 08, 2018, 03:47:00 PM

Quote from: cryptossi on April 08, 2018, 01:54:26 PM

Quote from: girib1684 on April 08, 2018, 01:17:15 PM

Quote from: u_chiha on April 08, 2018, 10:30:50 AM

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

Reaching the softcap was the main goal during the ICO sale, they have achieved this and they over the halfway mark towards their hardcap and there are still 2-3 weeks left of the token sale.

Yep theirs a good chance they will hit the hardcap but your right that the softcap what really matters as it’s the financial viability benchmark. Theirs still good time left to reach the hardcap which would be astonishing really and a really big milestone

It's great that 47B have hit their soft cap for funding because it means they can proceed with developing the Forty Seven Bank project. Hopefully during their planning stage they budgeted to use the softcap level of funding to implement all the features and services they want to offer to customers.

phantam

full member

Activity: 546

Merit: 106

Bountyhive.io

Quote from: cryptossi on April 08, 2018, 01:54:26 PM

Quote from: girib1684 on April 08, 2018, 01:17:15 PM

Quote from: u_chiha on April 08, 2018, 10:30:50 AM

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

Reaching the softcap was the main goal during the ICO sale, they have achieved this and they over the halfway mark towards their hardcap and there are still 2-3 weeks left of the token sale.

Yep theirs a good chance they will hit the hardcap but your right that the softcap what really matters as it’s the financial viability benchmark. Theirs still good time left to reach the hardcap which would be astonishing really and a really big milestone

Owillz

member

Activity: 532

Merit: 10

Quote from: faulerwilli on April 08, 2018, 08:33:48 AM

Quote from: acanetwork on April 08, 2018, 08:12:01 AM

Please tell me the difference from existing bank. Huh

can you buy cryptos at your current bank?
can you build your own bank an the platform of your current bank?
do you have access to all your wallets, other bank-accounts or exchanges from your current bank-app?
du you get benefits from your bank or do you pay for your account?

these are just a few differences to your bank

Apart from these already list points, I think the whitepaper is the best source of answers to your question. Just take out time to read it and you will find answers to your question

Ace44

member

Activity: 672

Merit: 11

Quote from: Anilg on April 08, 2018, 06:58:02 AM

Quote from: faulerwilli on April 08, 2018, 05:47:31 AM

Quote from: cryptorani on April 08, 2018, 02:14:19 AM

Quote from: FortySeven on April 07, 2018, 03:22:49 PM

Quote from: Alvaro094 on April 05, 2018, 07:19:19 PM

Was a good choose prolong ICO, I see the token sold is growing. What happens if We reach hard cap before end April? automatically will finish ICO?

Yes, we will finish our ICO, it will either happened at the start of May, or earlier, when we reach our hardcap. List of exchanges we plan to hit is on our website. Stay tuned, guys!

Thanks for the update. But what if FBST reaches hardcap in April but ETH price stays below 700 USD. Do we still go with listing in may (possibly)? Or FSBT will list only after ETH reaches to $700+

To be honest, I do not know that exactly. They said that they only want to go to Exchanges when the price of ETH is 700-800. but i think they also said that they want to be listed on exchanges when they reach the hardcap. Maybe I just misunderstood something

I personally think they should target exchange listing as soon as hardcap is reached. There is no point in waiting for ETH to hit 700 USD.

Some school of thought actually think this is a good idea, others prefer waiting, well, it all depends on the team, though the community have a say but is best we hear from the experts which i believe are on board forty seven bank, as their decision will be for the best interest of both parties involved

cryptossi

full member

Activity: 504

Merit: 106

★Bitvest.io★ Play Plinko or Invest!

Quote from: girib1684 on April 08, 2018, 01:17:15 PM

Quote from: u_chiha on April 08, 2018, 10:30:50 AM

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

Reaching the softcap was the main goal during the ICO sale, they have achieved this and they over the halfway mark towards their hardcap and there are still 2-3 weeks left of the token sale.

girib1684

member

Activity: 168

Merit: 11

Quote from: u_chiha on April 08, 2018, 10:30:50 AM

seeing the progress of ICO right now I believe Forty Seven will be able to reach hard cap, 22 days left and more than 50% token has been sold.

Yeap, they already reached softcap and already reduced hardcap. More than 55% FSBT then sold in hardcap.

phantam

full member

Activity: 546

Merit: 106

Bountyhive.io

Quote from: girib1684 on April 08, 2018, 12:29:58 PM

Quote from: Abah007 on April 08, 2018, 12:17:33 PM

I was reading the project's white-paper and roadmap. It says submission for banking license in November 2018, and obtaining license in May 2019. Is 6 months sufficient time to aquire such a license? I thought it takes at least a year.

As forty seven team is working to hard to make success project. So I guess yes. 6 month time enough to acquire license. I don't think so they need more time.

I’d say it’s about right in the end it depends how well their paperwork is handled they have the budget to put things in a row. I’d imagine the team knew what red tape they were getting into and are planning as such since day 1 in how to tackle the various requirements in their roadmap timeframe

girib1684

member

Activity: 168

Merit: 11

Quote from: Abah007 on April 08, 2018, 12:17:33 PM

I was reading the project's white-paper and roadmap. It says submission for banking license in November 2018, and obtaining license in May 2019. Is 6 months sufficient time to aquire such a license? I thought it takes at least a year.

As forty seven team is working to hard to make success project. So I guess yes. 6 month time enough to acquire license. I don't think so they need more time.

Abah007

newbie

Activity: 112

Merit: 0

I was reading the project's white-paper and roadmap. It says submission for banking license in November 2018, and obtaining license in May 2019. Is 6 months sufficient time to aquire such a license? I thought it takes at least a year.

utclpn

newbie

Activity: 70

Merit: 0

Quote from: Anilg on April 08, 2018, 06:58:02 AM

Quote from: faulerwilli on April 08, 2018, 05:47:31 AM

Quote from: cryptorani on April 08, 2018, 02:14:19 AM

Quote from: FortySeven on April 07, 2018, 03:22:49 PM

Quote from: Alvaro094 on April 05, 2018, 07:19:19 PM

Was a good choose prolong ICO, I see the token sold is growing. What happens if We reach hard cap before end April? automatically will finish ICO?

Yes, we will finish our ICO, it will either happened at the start of May, or earlier, when we reach our hardcap. List of exchanges we plan to hit is on our website. Stay tuned, guys!

Thanks for the update. But what if FBST reaches hardcap in April but ETH price stays below 700 USD. Do we still go with listing in may (possibly)? Or FSBT will list only after ETH reaches to $700+

To be honest, I do not know that exactly. They said that they only want to go to Exchanges when the price of ETH is 700-800. but i think they also said that they want to be listed on exchanges when they reach the hardcap. Maybe I just misunderstood something

I personally think they should target exchange listing as soon as hardcap is reached. There is no point in waiting for ETH to hit 700 USD.

I don't think so they will wait more to reach USD in higher price. Its already extended once for 30 days. Now they should be list on exchanges after hardcap.

loup

full member

Activity: 462

Merit: 100

Quote from: Zombie259 on April 08, 2018, 09:58:37 AM

Quote from: ibininja on April 08, 2018, 09:36:31 AM

Quote from: girib1684 on April 08, 2018, 06:56:20 AM

Quote from: Abah007 on April 07, 2018, 05:18:25 PM

Quote from: phantam on April 07, 2018, 05:05:40 PM

Quote from: faulerwilli on April 07, 2018, 04:43:14 PM

Wow, the homepage was translated into some languages. I did not notice that until today :-)
A great thing, not everyone understands English well, certainly not the blockchain-technical English. I hope your languages are all there

Yep being multilingual in this day and age is pretty much required especially when it comes to crypto as everyone needs to remember that crypto is big in English companies but it’s HUGE in no English countries like Korean and Japan and more and more of Asia. So supporting all these languages is really important

At phantam, you said it all already, being multilingual really helps to push this project forward. The number of investors in 47bank are growing.

Lots people still did not understand english properly. In that case multi languages can help to investors/visitors to understand concept of project. Fortyseven is kept this part in mind while develop their site.

I think the one pager is the most effective for the normal investors. At anycase I think to have a whitepaper in english would be sufficient in most cases. Especially for 47 the site is english. So I think English whitepaper would do just fine. It is great that they gone an extra mile and made the translations.

Indeed a one pager is most effective and the whitepaper is very detailed. You can switch the 47B website into at least 13 languages, so most people can read it in their language.

That's true even if you speak well a second language is always better to read in your native one because otherwise there could be misunderstandings.

faulerwilli

full member

Activity: 994

Merit: 140

Quote from: Nathan01 on April 08, 2018, 11:07:48 AM

Quote from: faulerwilli on April 08, 2018, 08:33:48 AM

Quote from: acanetwork on April 08, 2018, 08:12:01 AM

Please tell me the difference from existing bank. Huh

can you buy cryptos at your current bank?
can you build your own bank an the platform of your current bank?
do you have access to all your wallets, other bank-accounts or exchanges from your current bank-app?
du you get benefits from your bank or do you pay for your account?

these are just a few differences to your bank

nice one faulerwilli let me add to this Cool

..

Can traditional bank provide services like Escrow,Auction, rental payment etc on their platform Huh

These are also good points:-)
Another one would be: Would your bank organize an ICO for you? With all the necessary documents such as white paper or business model?

And there are many more points, 47BK really wants to offer a lot. That's going to be great

Topic: [ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers - page 58. (Read 58117 times)