Forty Seven Bank

Forty Seven Bank

Trading
18,265 Views
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.<br /> Forty Seven Bank is a bridge capable of connecting two financial worlds and establishing efficient communication between them, a communication that will open up possibilities to level up whole modern financial system.
General
Website: Visit
White paper: Read
Bounty: Bounty
ICO Time: 16 Dec 2017 - 30 Apr 2018
Country: Latvia
Token info
Ticker: FSBT
Platform: Ethereum
Token Type: ERC20
Total supply: 3,699,483.0000000 FSBT
Financial
Raised $ 10,000,000
ICO Price: ≈ 2.4 USD
Accepting: ETH, BTC
Soft cap: 3 600 ETH
Hard cap: 18 077 ETH
Bonuses: Up to 30%
Screenshots taken on 24 Jun 2020
October 2016
Elaboration of concept of a modern bank that will work with cryptocurrencies and fiat money
February 2017
Formation of a team, research, market analysis
March 2017
Detailed project plan elaboration
April 2017
Bank’s financial model construction, preliminary calculations
May 2017
Idea of administering project’s crowdfunding
June 2017
Preparation of documentation for crowdfunding administering
October 2017
Start of crowdfunding via Token Launch
December 2017
Successful completion of Token Launch, summing up
January 2018
Procedures elaboration and creation of document base for the company
February 2018
Software infrastructure deployment
April 2018
Applying for EMI, PI authorisation at FCA
May 2018
Integration with SWIFT system
June 2018
Certification according to QSA PCI DSS Level 1 standard
July 2018
Obtaining EMI, PI licenses, and authorisation for activity from FCA
August 2018
Launch of services for FSBT tokens holders
September 2018
Launch of services for private clients
November 2018
Submission of documents to obtain banking license
May 2019
Obtaining banking license, launch of services for business clients
June 2019
Start of providing full-scale banking services
Edgars Abols
Chief Legal Officer
Participates in a number of projects
Mihails Skoblovs
Chief Financial Officer, Member of the Board
Participates in a number of projects
Aleksandrs Malins
Chief Executive Officer, Member of the Board
Participates in a number of projects
Igors Astapčiks
Chief Operational Officer, Member of the Board
Participates in a number of projects
Vitalijs Grundsteins
Project Manager
Participates in a number of projects
Vladimirs Tomko
Chief Marketing Officer, Member of the Board
Participates in a number of projects
Aristoteles Vargas
Head of Financial Market Development Department, Member of the Board
Participates in a number of projects
Jevgenijs Plams
Blockchain Developer
Participates in a number of projects
Nana Zhang
Community Manager (Asia)
Participates in a number of projects
Anton Azamatov
Chief Technical Officer
Participates in a number of projects
Kristiāna Štauere
Lead Analyst
Participates in a number of projects
Jevgenijs Lesevs
Head of Internal Audit
Participates in a number of projects
Lilija Kovaļčuka
Art Director
Participates in a number of projects

Advisors (8)

Artem Kushik
Business Analyst, Crédit Agricole CIB
Participates in a number of projects
Inna Krievane
Financial Analyst, Argus Vickers
Participates in a number of projects
Eva Iova
Creative Director, IOVA
Participates in a number of projects
Igors Danilovs
CFA, Senior Portfolio Manager, Swedbank
Participates in a number of projects
Evgeny Bezgodov
Chief Operational Officer, Deiteriy
Participates in a number of projects
Dmitry Dudin
Head of Products and Services Development Department, XB Software
Participates in a number of projects
Alexander Chernyakevich
Chief Technical Officer, Scand
Participates in a number of projects
Morten Hansen
Head of Economics Department, Stockholm School of Economics in Riga
Participates in a number of projects
ICO List
Other Interesting ICOs
Upcoming
TruePlay
TruePlay is a B2B platform with a complex of software solutions for online gambling business. TruePlay is not a gambling-provider, casino operator or casino owner. TruePlay allows only licensed gambling companies to access to their software (Software-as-a-service). The team are aimed at developing online gambling and making it as legal and transparent as possible from any point of view, TruePlay team has strong partners and has more than 10 years’ experience in the gambling industry.Join TruePlay and take part in the development of the gambling industry.
Upcoming
Invictus Margin Lending
The Invictus Margin Lending Fund offers investors the ability to take advantage of the volatile nature of the cryptocurrency market without risking direct exposure. The fund aims to maximize interest income on USD and USD equivalents with zero anticipated drawdown risk by taking dollar-based positions on margin lending platforms.
Upcoming
RAVELOUS
Ravelous is the crypto ecommerce marketplace that lets users sell their stuff online for crypto. Sellers can accept many types of payments from buyers, and withdraw your balance in the token of their choosing. Buyers who do not have the currency the sellers prefer can exchange their coins for RAVE tokens which used for payment. The RAVE tokens can also be traded for other coins, and will have a value backed by the crypto-marketplace and the RAVE treasury that will increase over time as the treasury grows in value.
Upcoming
Shercoin
The SherCoin team has realized that the best way to create a good cryptocurrency that will achieve mass adoption is by creating a multi-functional token that has more than one utility. Most of the altcoins are Ethereum-based coins that only offer one application. SherCoin features five different related applications in one. The ecosystem has a theme: User provide valuable economic services for businesses such: as checking market place for counterfeits, reporting fake or suspicious products; filling out surveys and giving information, feedback, and data, so business can make informed decisions; giving the users an easy way to manage the cryptos the earned; and then giving them outlets to spend/exchange their tokens.
Upcoming
Shipit
Shipit — is a community of senders and travelers united by the mobile app that helps the former ship packages and the latter make extra money while traveling. Shipit is a symbiosis of best ideas and practices of courier, crowdsource and crowdshipping services. We have synthesized the best business practices to create a revolutionary and unique service. Just as Uber and BlaBlaCar have already become a part of our daily lives, Shipit is going to become an irreplaceable tool for shipping. It is the first app of its kind that will use smart contracts and blockchain as a native tool to make people lives easier all around the world. By implementing Shipit tokens and using the blockchain we want to build relationships between users based on transparency, safety and ease of tracking for all deliveries on the platform. While courier services are becoming more expensive, Shipit allows users to ship and track open packages at lower costs and risks. Shipping has never been easier.
Upcoming
LOHN
Lohn is a widely spread contractual form in various industrial fields of international cooperation relations, especially in the industry of clothing, footwear, leather, furniture, software and hardware, pharmaceutical, metal working, metallurgical, machine tools, automotive, automation, machine building industry, electronics and appliance industry, food and beverage industry, petrochemical industry. The lohn (processing economy) has been and will be a solution to produce goods at reasonable and high-quality prices through the efficient use of labor and cheap raw materials in emerging economies. It is also a business model that creates economic and social progress across the world bringing together markets with productive resources and capabilities. The trading platform developed by the lohncontrol project will create global opportunities for small and medium-sized businesses that are responsible for generating 60% of GDP. It will give them a visibility that they do not have at this time and will encourage the development of direct business between them. This means low manufacturing costs and greater adaptation to market demands. Those who will win at the end of this interaction will be consumers who will get good products at realistic prices.