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In your whitepaper you mentioned that Loligo wont be just some "utility token" ,intead it will be store of value.Can you please expalin that part a bit more?
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Since every ICO is trying to solve some "problems" with their solutions,what are you trying to solve with Lynked.World?
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When did you start developing Lynked.World?
Hi CrnaSupa We started Lynked.World development in the beginning of 2017.We wanted to develop an applications first, before asking people to invest their hard earned money,as we believe that's the only right way to do this. You should be an example for all other projects out there thinking about starting an ICO. I agree, unfortunately, there are few projects that have this approach, I hope this will change soon. I think that situation is already changing,bar is set much higher than it was before,now projects have to show something before going into sale.So i hope that Lynked.World reaches hard cap,to show other projects what has to be done in order to succeed. |
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If I'm understanding well, Agate is essentially a platform which will provide a sort of gateway of liquidity between major assets and dollars. I see there are so many other functions planned, but still didn't get the whole picture.
It is that,but also way more.I suggest you to read whitepaper to get full understanding of the project.Here is the link https://www.agatechain.org/pdf/WhitePaper/Agate_whitepaper_English.pdf |
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Announcement: Lynked.World app version 1.30 is Live!
Update your iOS and Android versions and get faster and more enjoyable experience!Lynked.World-Simplifying Identity Through Blockchain
 Which are improvements to the earlier version? I think that improvements are mostly minor,app is abit faster and smoother,and looks abit better. |
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About the mining reward,will you take some fee,like Zcash is doing by taking 20%,or everything mined will go to miners?
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There are exist another "PayPal" for crypto. Utrust making similar platform and in the end of this year this must be released. And some other projects developing same. What advantages you have before this projects?
I believe the market is big enough to support multiple similar projects, no need for one to be above the other. Before any marketing is taken to the limit I think that the platform should be working to its fully extent. I doubt it will be fully working before sale and if you want the sale to be successful you need a lot of marketing. I don't know these days. People are more careful when it comes to investing in just a white paper. Many scams in crypto world have embarked on people, it is understandable that investors are looking for something far more than just the WP. Not only that. Control measures like escrow needs to be in place and of course as much transparency as possible. I would add a working product and a use case to all of this.This should be minimum to consider investing in a project. Those are the essential parts of any project, aren't they? You have to have a product at some point!  Hah,many ICO raised hard cap while barely having proper whitepaper,but i think those times are behind us.You need atleast alpha/beta to show before starting with sale,so itsa good thing that Agate has something to show. |
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Howe maany DEAL tokens we will have to stake to get Dealjoy Premium Membership?
I dont think thats decided yet,the amount needed,but it will be certainly bring some interesting benefits like instant cashback and higher cashback rates. |
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How much money has been dedicated or allocated to legal department? I think this will be important detail for Agate so be able to do all that is intended.
5% is allocated for legal and compliance, since this is important segment, would this be enough? I think thats just estimate,and should be enough,but im sure if its needed,team will use extra funds,but no point locking too much funds for that purpose. |
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Since you plan to do ocassional buyback of DEAL tokens,you gonna announce when you plan to do those,or it will be done silently?
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Whats your estimate on the amount of users by this time next year?
The way Lynked.World is developing and getting users I would dare to say over a million if we continue with the same pace and aggressive marketing and development. When you are working with institutions and big companies like Lynked.World is doing,basically few of them are enough to reach million,so i expect fast growth of platform users in the next few years. |
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I see that 1 ETH=40000 DEAL.That means DEAL is pegged to ETH no matter what?If thats the case then DEAL is very cheap ,since ETH is very low at the moment.
Yes, now it's time to buy all tokens that are pegged to ETH, as they are dirt cheap at the moment. So buy now DEAL and profit later! |
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What will be the cost of POS terminal for merchants,will they pay some fixed fee,or it will be monthly?
I would expect it to be a monthly fee version for easier payment options. It would be good if that fee is paid in Agate tokens, as that would increase liquidity of token. |
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Will there be options to stake Agate?Is Agate POS or POW?
Yes, we will have option to stake Agate when wallet comes out and you will have option to run full masternode too! Its important to say that for running masternode you will need 50,000 AGT,so with current price of 1 AGT=0,0684 you will need only 3420 USD to run that.Really affordable i think,and good reason to go for 50,000 AGT,as later on it will be way more expensive. Acctually to be more precise you will need 50001 AGT Hm i don't know where you read that 50001 AGT will be needed, but in the whitepaper it's clearly stated that 50000 AGT is the minimum. What about others who can't afford that, can we also stake if we have less then 50000 AGT? Those will be able to join public mining pools. Will we be able to do that on our mobile devices?How do you join a public mining pool? First time I hear that we will have to join mining pools.Won't there be a wallet for Agate and then we just use wallet to stake our tokens? Well proof of stake is different from just ordinary staking. Same will be when Ethereum goes to pos, you won't just hold any amount of ETH in your wallet and expect getting paid, there will be requirements. Exactly, to have proof of stake working, you have to be on your own blockchain, as Ethereum blockchain is proof of work. And Agate will enable POS once their own blockchain is up and running. |
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Do you plan to add staking program later on, after end of sale?
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For microfinancing, EverID plans to integrate as an Identity Provider in the Gates Foundation’s Mojaloop framework, to promote financial services for the unbanked.that means you will focus abit more on less developed areas that could really use this?
At the moment, we do focus on those areas But you plan to spread to Europe and North America too? I think that will depend on governments restrictions on crypto. That's the main thing. I think restrictions are more about icos and fund raising, but Europe and NA don't have issues with blockchain technology. Everest worked with UN, so obviously there shouldn't be any problem with governments. |
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How come you are doing KYC internally,and not hiring some external company to do it for you?
Hi Samson_bbl Many ICO are using independant KYC agency, most of them are working from countries with very permissive personal data management rules. To avoid any personal data transfer LOLIGO KYC is handled in local servers. No information is transferred to a third party.Thank you That is true, less parties involved in this, less chances for data leak. Is government issued ID enough, or you require proof of residence too? |
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When can we expect your wallet to be out?
Hi HakiMikkinen Official wallet is scheduled for 05/2019 But for sure it will be available before for beta tests Thank you You plan some open beta testing,so community can test it out? Hi CptPizzard Yes beta public test is scheduled Thank you Cant wait for open beta  Will you consider rewarding your most active beta testers? Hi Memmoria Good idea, we transfer it to business team to consider it ! Following the actual schedule, Fidelity Reward is only given to LLG holders and early investors. keep following our social channels for the news Thank you What is fidelity award? Hi Lightmotiv Loligo is a dedicated mined blockchainfor middle term, blockchain will run in consortium mode All mined tokens during this period will be allocated to LLG holders Thank you So if we buy now, we will also get rewarded from premining? Hi Inmytree Premining is limited, it's used just to report the ICO holder balances. no other premine is allowed If you buy now you will also be rewarded from mining as much as you hold LLG tokensThank you Its good that premining is very limited,as that was abused in the past by some teams. What will be your Hash Algorithm? Hi Dr. Van Nostrand The Algorith is EthashThank you This is good,i plan to stop mining ETH as im mining with a loss at the monent,and i will switch to Loligo once its available. Early miners will surely benefit the most before difficulty goes up? |
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What is the price of 1 token,and is it pegged to ETH,or maybe fixed USD price?
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Do we need to go through KYC and paticipate in sale to be able to use Dealjoy cashback app?
I seriously doubt that will be needed to use app,as they said using app will be anonymous.KYC is only needed for sale. |
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