FORTY SEVEN BANK (ICO)
The Forty Seven Bank is an outstanding financial project designed to unite communities of crypto-currency users and devotees of the traditional financial system. It is a financial organization that is internationally recognized by other financial communities with adherence and correspondence to the regulations of the system. This project was designed by a team of well-skilled and experienced professionals from the IT, banking, and financial sectors with vast experience in the creation and licensing of electronic payment systems. The financial products manufactured by the Forty Seven Bank, are secured, easy to use, and of great relevance with up-to-date technologies. Forty Seven will in no distant time, turn into the most significant structure that meets all the requirements of the regulators and payment services directives.
The bank is going to be specialising in digital finance services by fully supporting cryptocurrencies and traditional fiat currencies. Basic cryptocurrency procedures include sale and purchase features, investment and exchange options and crypto-saving and current accounts. Multi-Asset Account will be one of the featured innovative products oered by Forty Seven Bank – it will allow customers to have access to all their accounts in dierent banks and crypto wallets as well as to their investments and savings in cryptocurrency and fiat equivalents via single application. It will be possible to operate with each asset type accordingly by having only one Multi-Asset Account at Forty Seven Bank.
We will oer unique crypto products like bonds, futures and options. Our goal is to invent such market- place and take the leading position in both short and long-term perspectives. Companies will be able to attract finances via product invented by Forty Seven Bank – Cryptobonds. Cryptobonds will be traded on various exchange platforms (mainly at the one developed by Forty Seven Bank).
Mission, Vision and Values
The mission of Forty Seven Bank and management team is to provide safe, innovative and user friendly financial services and products to our customers – individuals, businesses, developers, traders, financial and governmental institutions. Our range of products will unite cryptoworld and traditional finance world and grant new unique opportunities to both of them.
We believe that after PSD2 directive comes into force in the beginning of 2018, the future of EU financial sector will change significantly. Forty Seven Bank system will be developed in accordance to upcoming regulatory framework from the early stages – it will give Forty Seven Bank competitive advantage in terms of time and costs.
This is a significantly beneficial aspect priorto the traditional banking which has to impose reorganisational procedures in order to meet new standards.
The big portion of financial sector market share will be shifted to financial technology start-ups that will be able to oer and provide unique products and services together with high-quality customer and technological support. We are going to take the leading position among these start-ups and become one of the pioneers in the changing financial world.
Emission of tokens
What is a Forty Seven Token: Forty Seven Bank Token (FSBT) is a cornerstone of Forty Seven Bank infrastructure. FSBT tokens will be demanded by partners-developers in order to be able to upload their fintech applications into Forty Seven Bank App Platform. FSBT will also be demanded by businesses in order to improve the effectiveness of financial and operational activities via smart contracts. For private customers FSBT tokens will give several benefits in using Forty Seven Bank products and services, as well as token holders will be top priority customers of the bank according to loyalty program and will get loyalty rewards on yearly basis based on performance of the bank. After the crowd-funding campaign is finished, FSBT tokens will be available for trade at various cryptocurrency exchanges.
Abbreviation : FSBT.
Control over emission: is provided by the system of interconnected smart contracts.
Actual rate: 1 FSBT = 0.00393 ETH (including current bonus).
Maximum amount of tokens to be generated: 11 063 829 FSBT (incl. bonus tokens, tokens for bounty and founders).
Minimum budget to start the project: 3 600 ETH.
Hardcap: 36 000 ETH.
Accepted cryptocurrencies on ICO: ETH, BTC, USD, EUR.
ICO: 16.11.2017 – 31.03.2018.
For more details visit:
Website: https://www.fortyseven.io/
Whitepaper: https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view
Twitter: https://twitter.com
Telegram: https://t.me/thefortyseven
Telegram username: @noize kukin
Btalk profile: kukin