It's officially over, crypterium will be too late to the party, fucked around way to long
They actually show pictures of there credit cards that are coming
https://medium.com/@foundersbank/founders-bank-first-decentralized-community-owned-and-blockchain-friendly-banking-solution-c2da8a4034f2https://www.bloomberg.com/news/articles/2018-07-12/binance-backs-plan-for-bank-in-malta-with-digital-coin-investorsOnce licensed, Founders Bank will be the newest addition to the rapidly growing, full-value blockchain ecosystem on #BlockchainIsland. Today’s announcement marks the first step towards an offering that Founders Bank will conduct through the blockchain-based equity fundraising platform Neufund and issuing its own legally-binding equity tokens. Binance, the world’s largest crypto exchange, is one of the first and major investors in the company.
Once licensed, Founders Bank will become the first stable and high tech banking solution not only focused on founders, but also owned by them, bridging the gap between traditional financial world and innovative crypto companies.
The equity token offering to be conducted on Neufund under German regulation in collaboration with one of Europe’s major stock exchanges later this year, will allow all market participants to become co-owners of Founders Bank. This is pioneering as it will allow our clients to decide on the development of the solutions they are using with blockchain-style governance model based on smart contracts.
Once licensed, the Founders Bank would be the first decentralized and community-owned bank in the world, signaling the possible future of the banking industry.
“We are not only excited to be one of the first investors of this inclusive community for this pioneering initiative, but also look forward to explore the full range of its banking services. We continue to be delighted by the vibrant blockchain opportunities in Malta, and look forward to launching more partnerships in the region.” — says Changpeng Zhao, Founder & CEO at Binance.
Founders Bank will focus on serving tech and crypto businesses and will offer top-tier banking solutions. Users will be able to access their accounts from both the mobile and desktop web application and use them directly with credit cards issued by Founders Bank. We are currently awaiting banking license in Malta. We estimate our launch to be in the first half of 2019 and we will host our Equity Token Offering through Neufund’s platform later this year.
Founders Bank is the missing piece of #BlockchainIsland on Malta. We are proud to announce our progressive banking solutions tailored for the needs of decentralised companies, with already existing support from the leaders of the blockchain industry, including Binance and Neufund. I am excited about the upcoming equity token offering when everyone will be able to become the co-owner of the company and shape the future of banking with us! — Mr Michael Bianchi, Chairman and Co-founder at Founders Bank.
The supervisory board and management of the company includes experienced entrepreneurs and industry experts with Mr. Michael Bianchi serving as Chairman of the Board and including Dr Abdalla Kablan, Martin Bruncko, André Eggert, Pavel Bodark, Sonal Kadchha, Paula Pandolfino and Jonathon Gowen with previous experience working in blue chip companies and institutions such as Barclays, JP Morgan, Deutsche Bank, the European Commission, the World Bank, Deloitte and the OECD. The team behind Founders Bank will be featured on upcoming Delta Summit in Malta, held between 3–5th of October.