[ANN]BANKERA – Building the Bank for the Blockchain Era - page 339.

Sacho Maggs

newbie

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Quote from: Sacho Maggs on August 25, 2017, 09:45:50 AM

Thank you for clarifying this, it is clearer now. So, Bankera is not a bank although your tagline somewhat hints that it might be one "the Bank for the Blockchain era". You, therefore intend, to collect ICO proceed because you will be issuing loans under other types of licenses, such as consumer credit license (or payday loan license) until you will decide to apply for a bank license in the future.

Would you therefore kindly, expand on your financials a little bit more.

I would like to understand more about your balance sheet, how have you derived to these projections?
Perhaps you can share with us your high-level income statement, assets and liabilities, please?

Thank you for answering, I have quite a lot to invest and just interested in understanding more.

Retired

sr. member

Activity: 490

Merit: 250

Quote from: Sacho Maggs on August 26, 2017, 06:29:09 PM

Are you kidding me, now this paid bitcointalk signature.

"From August 28, Bankera: ever wanted to own a bank? Licensed, with IBANs, cards... Own a traditional bank with features from the blockchain era."

If above is not misleading then what is? Shocked

Not sure why you think it's misleading? Let me know so I can fix it. Also they didn't pay me anything, I am using my referral link, maybe I'm missing out on money? Cheesy

I just used information from their website.

Sacho Maggs

newbie

Activity: 35

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Thanks for the PLN-EUR rate. Did you also know that BTC is over $4,000 Grin

The minimum specialist bank initial capital requirement in Poland is 5 000 000 euros.
Source: Article 32, https://www.nbp.pl/en/aktyprawne/thebankingact.pdf

Pab

legendary

Activity: 1862

Merit: 1012

Quote from: Sacho Maggs on August 26, 2017, 06:07:00 PM

Please check your facts, this is not true: "In Poland Lithuania neighbour you need only around 125000 start up capital to open bank".

I personally not value Lithuanian Bank license very high. There are some banana-republics that have more credibility than Lithuania which is below Botswana, Saint Lucia, Cape Verde and the Dominican Republic in last year's global corruption rank.

Just that you know, across the European Union, authorised small specialist banks, have to meet the definition and hold an absolute minimum amount of capital equal to €5m or £5m (whichever is higher), plus a capital planning buffer. Once capital resources exceed €5 million it ceases to be a specialist bank and Bankera would therefore not qualify for being a specialist bank.

Why can't you answer my earlier simple question???

Bankera is looking to raise a lot of money, but it cannot use it for the purpose it claims. How will this work, because the CET1 capital requirements are against equity and Bankera ICO is not about equity, hence it cannot use the proceeds for the purpose it claims. This is very confusing.

Something does not add up here folks.

500k pln is about 125000 euro you work hard

Sacho Maggs

newbie

Activity: 35

Merit: 0

Are you kidding me, now this paid bitcointalk signature.

"From August 28, Bankera: ever wanted to own a bank? Licensed, with IBANs, cards... Own a traditional bank with features from the blockchain era."

If above is not misleading then what is? Shocked

Sacho Maggs

newbie

Activity: 35

Merit: 0

Please check your facts, this is not true: "In Poland Lithuania neighbour you need only around 125000 start up capital to open bank".

I personally not value Lithuanian Bank license very high. There are some banana-republics that have more credibility than Lithuania which is below Botswana, Saint Lucia, Cape Verde and the Dominican Republic in last year's global corruption rank.

Just that you know, across the European Union, authorised small specialist banks, have to meet the definition and hold an absolute minimum amount of capital equal to €5m or £5m (whichever is higher), plus a capital planning buffer. Once capital resources exceed €5 million it ceases to be a specialist bank and Bankera would therefore not qualify for being a specialist bank.

Why can't you answer my earlier simple question???

Bankera is looking to raise a lot of money, but it cannot use it for the purpose it claims. How will this work, because the CET1 capital requirements are against equity and Bankera ICO is not about equity, hence it cannot use the proceeds for the purpose it claims. This is very confusing.

Something does not add up here folks.

Retired

sr. member

Activity: 490

Merit: 250

Is the country code of the IBAN LT? And the SWIFT code's country code?

Bankera

full member

Activity: 854

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Quote from: finles_mngr on August 26, 2017, 04:45:28 PM

Hi there. What about the legislation? Will your project be legal in all countries?

It is and will be legal, just some products might not be offered in some countries, but for example even today we can offer IBANs for residents of all countries (except US).

Bankera

full member

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Quote from: Retired on August 26, 2017, 04:39:34 PM

If you need Spanish personnel let me know

Please send us an email to [email protected] thanks!

finles_mngr

newbie

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Hi there. What about the legislation? Will your project be legal in all countries?

Retired

sr. member

Activity: 490

Merit: 250

If you need Spanish personnel let me know

Bankera

full member

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Quote from: Pab on August 26, 2017, 03:25:55 PM

Does Bankera will support all countries what Spectro is supporting.Supported country list is pretty huge.Even US citzens may use Spectro

Yes, our complete aim is to serve clients in all countries, however it might take some time. But what we have been doing at SpectroCoin and gonna be doing more intensively at Bankera is build totally international team, to have native speakers covering their markets, currently we have native English, Japanese, Chinese, Russian, Arabic, Lithuania, Polish, Portuguese speakers as full time members of our team as well as a huge team of freelancers we hire.

Retired

sr. member

Activity: 490

Merit: 250

Quote from: memberx on August 26, 2017, 03:56:38 PM

Quote from: Retired on August 26, 2017, 03:28:15 PM

This is going to be a great ICO.

Why? Any more reasons than just that it's great?

I've read everything, they are backed by the great team at SpectroCoin and it's a great idea.

For me, they can be a highly successful company. Moreover in these Fintech days, when there's so many successful online banks.

memberx

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Quote from: Retired on August 26, 2017, 03:28:15 PM

This is going to be a great ICO.

Why? Any more reasons than just that it's great?

Retired

sr. member

Activity: 490

Merit: 250

This is going to be a great ICO.

Pab

legendary

Activity: 1862

Merit: 1012

Does Bankera will support all countries what Spectro is supporting.Supported country list is pretty huge.Even US citzens may use Spectro

Natalie Les

newbie

Activity: 5

Merit: 0

Good luck, guys!

memberx

full member

Activity: 238

Merit: 100

Is there a fee to send out Bankera from Spectrocoin to e.g. myetherwallet after ICO?

Pab

legendary

Activity: 1862

Merit: 1012

Quote from: YGung on August 25, 2017, 06:16:45 PM

I'm trying to understand the #s, this is what I'm currently calculating according to the whitepaper:

my understanding of the token supply is about 17,500,000,000 after SCO probably a little less. I'll round it off to an even 17,000,000,000

so in 10 years whitepaper suggest 500M in revenue. Token holders would be allotted 100M of that, split amongst 17,000,000,000 comes out to about .0059 eur which is less than ICO price....I'm hoping I'm doing the math wrong somewhere, because it doesn't sound that enticing for it to take 10 years for the profit share to get to .0059 eur...If this math is correct, the ICO price seems a bit high to me.

While I do like the pro-rata distribution in the event the ICO doesn't sell out, is an SCO really needed thereafter in that circumstance? Why dilute the token supply even further if the ICO didn't sell out? Are there scenarios where the SCO idea gets scrapped and those tokens get burned?

Generally I speaking, I like Bankera, I'm just having a hard time digesting the ICO price considering the token supply and the revenue projections.

Finally, the Bankera's smart contract will distribute funds (Ether and XEM) to the holders of Banker (ERC20 and NEM mosaic) tokens pro-rata. For example, if there are 50,000,000,000 BNK tokens available in total and you have 1,000,000 BNK you will receive cryptocurrency in a value of around 40 EUR.

source http://bankera.com/?gclid=COOUpvea9dUCFUeLsgodd3EI2Q

Banking licence doesnt cost hundred mln of euro,dollar

In Poland Lithuania neighbour you need only around 125000 start up capital to open bank

CrypticGambit

full member

Activity: 280

Merit: 100

The Operating System for DAOs

Quote from: Bankera on August 25, 2017, 07:24:55 AM

Quote from: CrypticGambit on August 25, 2017, 07:01:34 AM

Quote from: Bankera on August 25, 2017, 06:50:53 AM

Quote from: CrypticGambit on August 25, 2017, 06:28:15 AM

Hello I have a question about the advisor section. I see that you have Lon Wong President of NEM.io Foundation, could you please elaborate on that?

Yes, he is actively advising us on the usage of Blockchain technology and development of NEM mosaic tokens. We have advisors from different areas of expertise and he is representing the interests of cryptocurrency users/founders.

Thanks for your reply but I still have my doubts. You said that he is advising you, ok but do you have any proof that he is advising you? Where I can check that? Any more sources?

He has announced it in his twitter: https://twitter.com/2017Lon and we have announced it in our Press releases

Thanks for your reply. I did some research and you are right he announced that on twitter. But his twitter account is not verified. Could you tell me why?

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