There are plenty of new ICOs surging on the internet every month. Because of this, it’s very important that you know which ones can be the most interesting investments for you. These days, there are many fake ICOs and start-ups that do not have a good future, so it’s always good to be sure before investing.
A good investor is the one that only invests in ICOs when he’s well informed, so you should always inform yourself well before investing in any kind of business. To aid you in this mission, our blog reviews the most interesting ICOs at the moment. Have you ever heard of Forty Seven Bank? We are going to review this company today.
What Is Forty Seven Bank?
Forty Seven Bank has the mission to “connect financial worlds”. Its core idea is actually pretty simple: to connect the economy of fiat money and the economy of cryptocurrency.
This way, the company aims to provide ways for people, businesses, developers, and investors to change their money with more ease and to establish communications between these two worlds that have the potential to take the economy to whole new levels.
The main objective behind Forty Seven Bank is to become the biggest bank that will connect both these universes. They want to bridge the gap between them using financial regulations accepted in the fiat economy world to help fight money laundering and other kind of illegal activities that sometimes occur using cryptocurrency.
The company is based on three principles: security, convenience, and relevance. They want to create a secure environment that is not only easy for its users to use, but also relevant to the market and the economy of the XXI Century.
How Does Forty Seven Bank Work?
Forty Seven Bank will work as a bank normally would with the addition of special services provided to its users. They will have several features associated with their cards. Between them, remote authorization and identification to secure the client’s investments; transactions and withdraw in any kind of cryptocurrency and a whole other wide kind of products with the help of a convenient and well-designed user interface.
Businesses will also have special services like mass payouts for marketplaces, escrow services and secure ways to receive money both if they want to receive in cryptocurrency or in fiat money. Forty Seven Bank also intends to have development tools available for developers that want to develop services based in the structure of the company.
This way, the company intends to have features for all kinds of users. All of them will be specially designed to suit their specific needs and be integrated into the system.
How To Invest In Forty Seven Bank?
To invest in this company, your first step is to buy their FSBL tokens in their ICO. To acquire them, you can use Ethereum or Bitcoin. Each FSBL will cost 0.0047 ETH. There’s a pre-ICO already going on at the time of this report, in which you can buy tokens with a bonus os 30%.
The main ICO is going to start on November 16 and it will last until December 16. There are already two more rounds of ICOs programmed for 2018, but their dates were not yet available at the time of this report.
Holders of FSBL tokens will receive a share of the profits of the company and will be eligible for the loyalty program, which will offer a variety of gifts. Also, they will be used in the services of the company.
Forty Seven Bank Verdict
It seems like Forty Seven Bank can be a good choice of investment. The company seems legit and their program is solid. The ICO can be a good opportunity for investors. If you want to invest in a company that will likely have a future, Forty Seven Bank is a good choice.
Do not avoid investing in this company if it suits your objectives. There are no signs of risk and it looks like the returns on investment can be high.