Forty Seven Bank

ICO ENDED
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.
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.
8.8
TOTAL SCORE
8
PRODUCT

(weight: 25%)

9
BUSINESS

(weight: 25%)

8.8
ICO PROFILE

(weight: 20%)

9
SOCIAL ACTIVITY

(weight: 15%)

10
TEAM PROOF

(weight: 10%)

8
DOMAIN SCORE

(weight: 5%)

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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: 5,555,555 FSBT
Financial
Raised $ 9,500,000
ICO Price: 1 FSBT = 0.0047 ETH
Accepting: ETH, BTC
Soft cap: 3 600 ETH
Hard cap: 18 077 ETH
Bonuses: Up to 30%

Alexa Rank

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
Screenshots taken 3 Feb 2018
Edgars Abols
Chief Legal Officer
Mihails Skoblovs
Chief Financial Officer, Member of the Board
Aleksandrs Malins
Chief Executive Officer, Member of the Board
Igors Astapčiks
Chief Operational Officer, Member of the Board
Vitalijs Grundsteins
Project Manager
Vladimirs Tomko
Chief Marketing Officer, Member of the Board
Aristoteles Vargas
Head of Financial Market Development Department, Member of the Board
Jevgenijs Plams
Blockchain Developer
Nana Zhang
Community Manager (Asia)
Anton Azamatov
Chief Technical Officer
Kristiāna Štauere
Lead Analyst
Jevgenijs Lesevs
Head of Internal Audit
Lilija Kovaļčuka
Art Director

Advisors (8)

Artem Kushik
Business Analyst, Crédit Agricole CIB
Inna Krievane
Financial Analyst, Argus Vickers
Eva Iova
Creative Director, IOVA
Igors Danilovs
CFA, Senior Portfolio Manager, Swedbank
Evgeny Bezgodov
Chief Operational Officer, Deiteriy
Dmitry Dudin
Head of Products and Services Development Department, XB Software
Alexander Chernyakevich
Chief Technical Officer, Scand
Morten Hansen
Head of Economics Department, Stockholm School of Economics in Riga
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