[ANN]BANKERA – Building the Bank for the Blockchain Era - page 340.

howard.ashoul

full member

Activity: 140

Merit: 101

When I first time read your whitepaper and saw website, I was about to put my money in. But 2 days later... . I did the math.

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To get my money back (break even) you would have to be in CoinMarketCap's TOP 10. More like TOP 3. And even then I would just break even and got back same ammount of money, that I put in. There's some chance, like 1%, that you will make it there. When? In 5 years? That's just ridiculous.

You're just issuing too many coins. And numbers doesn't make any sense.

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It's basically the same as your first project. SpectroCoin. In CoinMarket Cap is Bitcoin currently worth 4,350$.

- but at SpectroCoin you will buy it from me for $4,226.
- but at SpectroCoin you will sell it to me for 4,530$.

(i'm not even considering any fees to put money in, or any withdrawal fees, just exchange rates)

Again - completely ridiculous numbers.

Roll Eyes

If I made any mistake in my math or made any wrong assumptions feel free to correct me.

vitty

newbie

Activity: 29

Merit: 0

Quote from: Pab on August 25, 2017, 08:39:04 PM

Can usa citzens invest,i have friend from usa who will like to

USA citizens, unfortunately cant invest in pre-ico.

Pab

legendary

Activity: 1862

Merit: 1012

Can usa citzens invest,i have friend from usa who will like to

YGung

full member

Activity: 318

Merit: 100

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.

bambarmia

full member

Activity: 630

Merit: 103

This is a statement on your website : After the ICO, a banking license will be obtained. This will allow us to offer loans and deposit services. Where are you going to obtain banking license ? It's simply not possible.. In Europe, Asia or USA it will cost hundreds of millions dollars. Unless you establish a new bank somewhere in Africa and it will cost you over 20 million dollars. If you need official offshore banking license which will be accepted anywhere contact me.

Bankera

full member

Activity: 854

Merit: 123

Quote from: Sacho Maggs on August 25, 2017, 08:45:50 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.

Please check your PM.

Bankera

full member

Activity: 854

Merit: 123

Quote from: alphaHome on August 25, 2017, 10:06:06 AM

I saw that on the site spectrocoin.com you can already buy BNK coin. Pre-ico is started? I can already buy, or wait on August 28?

Please wait till August 28th it is not enabled yet.

Bankera

full member

Activity: 854

Merit: 123

All you need is an account and deposited funds for buying BNK. You need to verify your account only if you transfer funds via methods that require that like bank cards and bank transfers. That's it!

Quote from: DrStein on August 25, 2017, 12:44:15 PM

Greetings.

I would like to ask you to clarify the process of buying BNK tokens while the ICO is active.
I just read in another topic (Bankera ICO - HUGE) that the procedure is this:

"The following sequence of actions is as follows:
1) You register https://spectrocoin.com/en/signup.html?referralId=3230142453; you validate acc - send documents for confirmation of identity
2) You are writing an email to [email protected] with a request to confirm your account and that you want to get to whitelist for specified BNK currency amouth, also give your spectrocoin account details (email)
3) deposit and wait for start pre sale for purchase."

But you mentioned in a previous post that all that is needed is some crypto coins transfered in the spectrocoin wallets.
I have already created a basic account in spectrocoin.com but I have not validate it by sending any documents.
Can I still buy BNK tokens during the ICO by using the ETH or BTC that I will transfer to my spectrocoin wallets?
Should I follow the instructions that are described in step 2?

Thank you in advance.

DrStein

newbie

Activity: 37

Merit: 0

Greetings.

I would like to ask you to clarify the process of buying BNK tokens while the ICO is active.
I just read in another topic (Bankera ICO - HUGE) that the procedure is this:

"The following sequence of actions is as follows:
1) You register https://spectrocoin.com/en/signup.html?referralId=3230142453; you validate acc - send documents for confirmation of identity
2) You are writing an email to [email protected] with a request to confirm your account and that you want to get to whitelist for specified BNK currency amouth, also give your spectrocoin account details (email)
3) deposit and wait for start pre sale for purchase."

But you mentioned in a previous post that all that is needed is some crypto coins transfered in the spectrocoin wallets.
I have already created a basic account in spectrocoin.com but I have not validate it by sending any documents.
Can I still buy BNK tokens during the ICO by using the ETH or BTC that I will transfer to my spectrocoin wallets?
Should I follow the instructions that are described in step 2?

Thank you in advance.

contenidosonline

newbie

Activity: 7

Merit: 0

If you click "buy" link you can't buy tokens, should wait to 8/28.

alphaHome

member

Activity: 117

Merit: 10

https://www.soar.earth/

I saw that on the site spectrocoin.com you can already buy BNK coin. Pre-ico is started? I can already buy, or wait on August 28?

Sacho Maggs

newbie

Activity: 35

Merit: 0

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.

Bankera

full member

Activity: 854

Merit: 123

Quote from: Sacho Maggs on August 25, 2017, 06:27:14 AM

Can you please share with us some of the highlights of your lawyers and tax advice, because, the ICO proceeds = capital.

It troubles me when someone is stating an obvious lie: "...Bankera will evolve into a bank within 1-2 years.".
I work in the industry and know that the process takes a minimum of 2 years, and you even want to apply for e-money license first, which might take about a year to get. You cannot use the funds for the CET1 and you don't need to raise such funds in the first place until you have the bank license. So why are you actually raising the funds?

Yet, you overselling the bank element, the project still sounds good without that? Be honest, it creates more credibility in the project.

Huh

We will release an interview with our advisor relating taxes next week as a second episode of Bankera's interview series (you can watch our first episode here https://www.youtube.com/watch?v=ENOlPM8qlIc).

We are totally getting your point, just take where you think in a process we are now, fast forward it 1-2 years and you will get there we actually are at the moment. And we are doing a bank anyway, without ICO or with ICO, the ICO will just help us to scale it up to meet CET1 requirement. Plus before the banking license, we will be able to issue loans as e-money, just from the capital, not deposits, so it will help us to fast forward processes to start offering loans and credit even before banking license.

All your statements are valid, and we have thought about them for a long period of time and found a solution.

Champ1

member

Activity: 84

Merit: 10

Ordered my card already

Sacho Maggs

newbie

Activity: 35

Merit: 0

Can you please share with us some of the highlights of your lawyers and tax advice, because, the ICO proceeds = capital.

It troubles me when someone is stating an obvious lie: "...Bankera will evolve into a bank within 1-2 years.".
I work in the industry and know that the process takes a minimum of 2 years, and you even want to apply for e-money license first, which might take about a year to get. You cannot use the funds for the CET1 and you don't need to raise such funds in the first place until you have the bank license. So why are you actually raising the funds?

Yet, you overselling the bank element, the project still sounds good without that? Be honest, it creates more credibility in the project.

Huh

Bankera

full member

Activity: 854

Merit: 123

Quote from: CrypticGambit on August 25, 2017, 06:01:34 AM

Quote from: Bankera on August 25, 2017, 05:50:53 AM

Quote from: CrypticGambit on August 25, 2017, 05:28:15 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

CrypticGambit

full member

Activity: 280

Merit: 100

The Operating System for DAOs

Quote from: Bankera on August 25, 2017, 05:50:53 AM

Quote from: CrypticGambit on August 25, 2017, 05:28:15 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?

Bankera

full member

Activity: 854

Merit: 123

Quote from: CrypticGambit on August 25, 2017, 05:28:15 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.

Bankera

full member

Activity: 854

Merit: 123

Quote from: howard.ashoul on August 25, 2017, 05:41:27 AM

"This means that Banker owners can earn commission by recommending it to others through word-of-mouth."

Can somebody elaborate, what does it mean?

Is that really mean that - we will recommend bankera - they will get more customers - bigger the 20% of profit will be?

Or am I missing something?

Now we have launched a referral program: http://bankera.com/bounties.html

Bankera

full member

Activity: 854

Merit: 123

Quote from: ?? on ??

So you are revolutionaries? Will they deliver what they are promising? I want to accompany you on this journey! I'm watching, will Ico go until when? What is the price expectation for each BANKERA?

The ICO will last until the end of October. The price for pre-ICO will be 1 EUR cent per BNK and the price for ICO will depend on the amount of tokens sold during ICO, you can see the estimated price in the table in our website: http://bankera.com/

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