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Forty Seven Bank

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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.


Video
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: 3,699,483.45 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 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
Takes part in this project only
Aleksandrs Malins
Chief Executive Officer, Member of the Board
Takes part in this project only
Igors Astapčiks
Chief Operational Officer, Member of the Board
Takes part in this project only
Vitalijs Grundsteins
Project Manager
Takes part in this project only
Vladimirs Tomko
Chief Marketing Officer, Member of the Board
Takes part in this project only
Aristoteles Vargas
Head of Financial Market Development Department, Member of the Board
Takes part in this project only
Jevgenijs Plams
Blockchain Developer
Takes part in this project only
Nana Zhang
Community Manager (Asia)
Takes part in this project only
Anton Azamatov
Chief Technical Officer
Takes part in this project only
Kristiāna Štauere
Lead Analyst
Takes part in this project only
Jevgenijs Lesevs
Head of Internal Audit
Takes part in this project only
Lilija Kovaļčuka
Art Director
Takes part in this project only

Advisors (8)

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