Topic: [ANN]BANKERA – Building the Bank for the Blockchain Era - page 247. (Read 185973 times)

So what is the current price of bnk? I am unable to see in the account area, can you let me know where to find it or just paste it here the price.

yeah, it's a simple model, but works rather well for short periods. think you can do better? post something of your own and we can make it interesting  let's say 20 NEM

You assume linearity?

Here's my new token sales projection for next 8 days, based on current trend:

You can check the page 20: https://bankera.com/papers/Bankera_whitepaper.pdf and https://blog.bankera.com/2017/12/15/bankeras-total-token-supply-explained/.

I just realized that I made an error with that projection. Somehow I got in my head that 10 billion was the total number of tokens outstanding. The actual number is not mentioned anywehere in the whitepaper, but given that the pre-ICO phase distributed 2,5 billion or 10% of all issued tokens then it follows that the total number of tokens outstanding is 25 billion. Therefore:

25B BNK tokens in total

2,5b (10%)  sold during pre-ICO
7,5b (30%)  ICO
7,5b (30%)  SCO
6,25b (25%) Management
1,25b (5%)  Advisors


This means that at current rate it will take about 50 more days to distribute all unsold ICO tokens.

According to this google-translated article they are in talks to aquire a bank with Lithuanian background in Vanuatu jurisdiction:

https://translate.google.com/translate?sl=lt&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=https%3A%2F%2Fwww.vz.lt%2Frinkos%2F2018%2F01%2F08%2Fbankera-klientai-irgi-nukentejo-nuo-kriptovaliutu-korteliu-blokados&edit-text=

This is the bank: http://pacificprivatebank.com/

One of the PPB directors - Audrius Žiugžda - is also listed as an advisor by Bankera
http://pacificprivatebank.com/team

I'm really impressed with the speed BNK tokens are being bought, looks like final price €2 cents is not long path to go.

Agree, should you participate Bankera’s ICO? it is live now! Get your own Banker (BNK) tokens at SpectroCoin.com or join in some bounties at the first page.

Bankera is going to revolutionize the cryptosphere with their innovative bank for blockchain. This is an ICO that is worth breaking a bank for.

We are a financial institution, so we must follow the proper regulations and directions on this matter.

Hello, please check the translation thread: https://bitcointalksearch.org/topic/bountyico-bankera-translation-bounty-2100059

I heard it would arrive on a next exchange soon, is this only a rumor ?

Buy DASH on litebit or alike and enter your Spectrocoin DASH address as depository account. DASH buys BNK.

Or open Gatehub wallet and enable Gatehub Fifth for EUR/USD and you can do a bank transfer, use the internal exchange to get Eth, which you can send to Spectrocoin. Not sure if the account verification is still as fast as if was when I got there (1-2 days for EUR), but might be worth to try. GateHub = scam, don't use

My account on Spectrocoin hasn't been activated for EUR/USD deposits either, and I'm not expecting it to anytime soon

I could not find licenses issued for either:

UAB Spectro Finance (Lithuania)
https://www.lb.lt/en/sfi-financial-market-participants?market=1&subject=1&business_form=92

Spectro Finance, Ltd (United Kingdom)
https://www.fca.org.uk/firms/financial-services-register

But after some digging things always come up.

In the UK there is registered a UAB Spectro Finance
https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000000m4IZ5AAM

This company holds the status of EMD Agent (ref 900134) and has ties to Prepaid Financial Services Ltd, which holds the status of Authorised Electronic Money Institution (ref 900036). The latter would probably the one who sends out the Spectrocoin cards as well?

Anyway, if this is correct the relevant regulations concerning the PI/EMI license seem to be applied and maintain in order. There have been a lot of negative posts claiming that the position Spectrocoin took was that of a fraud, but that doesn't seems to have been the case, as the registration and issued license date back to 2012-2013. Doesn't rule out anything of course, because it is also in the nature of a scam that it is one step ahead of you. Though in comparison to similar projects, there is certainly a form of reliability on which to base trust.

Still it would be nice to hear more about the license application, audit etc. I hope all goes well. GL

It should be that easy. It took them almost three weeks and multiple tries to get my own account verified. Good thing the Bankera rep frequenting this forum is so quick and helpful. I hear folks are spending hours in support chat queue to get someone to help them.

Have some questions about the establishment of this project as financial institute, if I may

Important to know that one of the goals here, that of acquiring a banking license, is not something that is just going to happen because the timeline says so. Maybe a team member of the project can specify here what kind of license it is that will be obtained as mentioned in the whitepaper, and at what authority will issue it, etc. Why would you get a license? In what country/jurisdiction would you apply for registration (Malta/Cyprus/Gibraltar, or Lithuania?)?

There is a real big difference between becoming an Electronic Monetary Institution and trying to climb this ladder:

https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssm.list_of_supervised_entities_201712.en.pdf

Expect a real cultural challenge. The "banking community" (ECB) does not really favor cryptocurrencies, as they are currently blowing their own bubble.

Also there are a lot of aspects of the blockchain technology that have to be relayed so that is is fully understood by all parties. There will definitely be the requirement by all financial authorities that when hosting a platform that allows for a cash flow, that a fail safe mechanism is build in. What protocol for example will go in effect when the network bugs for 24 hours and the application is unavailable? You will need to provide a full demonstration of the emergency protocol. This is one of the most important aspects to even get in range of a successful audit.

These details will be crucial as there are projects out there that are a direct copy-paste of this one. Although none of them is aligned with an already established exchange (spectrocoin) that issues cards.

If anyone can provide additional information about the licensing it would be much appreciated. That's kinda what it all comes down to eventually.

Integrate Jumlo,it takes 20 min to be verify,more people will like to join both sites and exch even after ico
Spectro is so functional,verification need to be done automatic way

Bankera can't verify accounts fast enough for people who want to get in on this ICO, but don't have any crypto. Can't buy BNK with fiat if your account isn't verified. The window of opportunity is closing fast and in about a week and a half those people are out of luck.

Why alarming very nice estimate,i have bought some more yesterday.I think buy is coming from Asia countries very much.But i think it will take a little be longer time