Forty Seven ICO Overview | Connecting Financial Worlds through Blockchain Power



Hey folks, @cryptokraze here with another overview about the upcoming ICO (Forty Seven). This will include what this ICO is about, what it will bring to crypto world and why it is worthy for me to invest in it.



ICO SUMMARY


SYMBOLFSBT
START DATE16TH DECEMBER, 2017
END DATE30TH APRIL, 2018
TOKEN TYPEERC20
PLATFORMETHEREUM
TOKEN PRICE1 FSBT = 0.0047 ETH
TOTAL SUPPLY5,555,555 FSBT
HARD CAP5,000,000 FSBT (36000 ETH)
SOFT CAP900,000 FSBT(3600 ETH)
ACCEPTINGBTC & ETH
BONUSUP TO 30%


ABOUT THE PROJECT

  • To utilize an innovative fin-tech startup to decentralized the connection between fiat and cryptocurrecny
  • To a create a decentralized global platform that will unite the financial worlds
  • A platform that utilized the technological power of blockchain to merge fiat and cryptocurrency



WHAT WILL IT BRING TO CRYPTO WORLD

  • One of striking feature of Forty Seven Bank to the crypto world is -- that the bank will develop its own trading exchange
    Seek to offer unique product like – bonds, futures and option to the crypto world
  • Cryptobond will be traded on different exchange platform
  • It will create a support in transferring digital currencies to fiat



WHAT ARE THEIR FUTURE PLANS

  • To create a platform that will unites the community of digital customer with orthodox individual via Forty Seven Bank
  • It will have feature of Multi-Assets that will allow user to have access to different banks and crypto wallets
  • To create a flexible inventive, state-of-the-art and open application platform for financial developers
  • Another objectives is to create a platform that will put the actualization of decreasing cost and would intensification of effect working procedure for it – users
  • Smart contract will be the mean by which the bank issues, finance – and manage invoices
  • It also have a quest to develop a biometric POS terminal that will let users connect their credit cards or bank account with his\her finger prints



WHY IT IS WORTHY TO INVEST

  • Users will be able to save and invest cryptocurrency and fiats equivalent via single platform
  • It will offers customer the means to deposit and seek loans in conventional fiat currencies like USD, EUR and other as well -- include crypto currencies like BTC, ETH et cetera
  • Forty Seven Bank will be the first financial institution in the world offering non-fiat digital assets
  • It features an investment portfolio that will aid and asset user on efficient managing of their investment and brokerage service
  • It will provide support as well as promote its customers who are offering small products and services without owning a company
  • E-commerce client will have the mean to receive payment with fiat through mediums like Credit or Debit card, UnionPay and MasterCard



I have read Forty Seven ICO white paper and assembled this information. For further details, you can visit their official website.



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Disclaimer
This ICO information is just for the interest of Crypto Lovers and should not be considered as investment advice. If you want to take this opportunity, then invest only what you can afford.


Images Sources: https://www.fortyseven.io/

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