Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO NOW!] 💠 FORTY SEVEN BANK 💠 – Connecting Financial Worlds
by
Hendobox
on 01/03/2018, 09:25:20 UTC
As an early investor, it’s really upsetting that the company misled investors by stating there was a fake 20% bonus. First off, building it into price is rudimentary and secondly, the fact that the “bonus” lasts the entirety of the ico is insulting.
I thought bonus here is a good thing.. Don't get how and why it is insulting... This is too make every investor have equal or almost equal status after purchasing the tokens.

I am also not getting his point. How Bonus is insulting? Or he mean to say that why bonus is for whole ICO period. This Bonus should be for only limited days and not for whole main sale period?

Im not sure I understand Hendoboxs original point, I think there was a highe bonus available for early investors before the 20% period, I hope this makes sense.

My point is that there is no extra incentive for early investors. The so called bonus they talked about lasts throughout the project, which means that even those who invest on the last day still gets the same bonus. All these while they made it look as if it was a bonus for early payment while what it really is is a bonus for investment in general.

There is not extra incentive for early investors. You will get whatever they offered 20% bonus with your investment. As per white paper for early investors they offered 30% bonus. And I guess you never seen properly that rates is included with bonus.

1 FSBT = 0.00393 ETH
1 ETH = 254.4 FSBT

Initially they said there is bonus for early investors before 28Feb, but apparently the bonus is supposed to last throughout, thus defeating the goal for investing early. Anyway, there isn't any issue anymore. The team has looked into it and have come up with a lasting solution. Starting from 1st of March basic bonus for buying FSBT tokens will be 10%. For contributions over 10 ETH in equivalent bonus will be 15%. For contributions over 25 ETH in equivalent bonus will be 20%.
Now those who invested before 28feb can have their bonus