Can you please explain what are the advantages of the iFiat Ecosystem?
Hopefully this will shed some light on it for you: Fiats exist on Agate blockchain rather than on less developed and tested blockchains, also, not within closed-source software running on centralised, private databases, or on very costly and slow blockchains like bitcoin, which is not viable or practical to use it as a medium to transfer funds or for micropayments. Although, iFiats can be used just like other cryptocurrencies, i.e., in a p2p, pseudo anonymous, decentralised, cryptographically secure environment, but they are only circulated inside Agate blockchain to facilitate the payments and real-time settlement and secure the value of funds for both users and merchant as iFiat redemption will not face any pricing or liquidity constraints. iFiats run on one of the fastest decentralised blockchain platforms, which include a decentralised exchange (DEX), Browser base, wallet encryption, open source, multiparty security and reporting functions and all transaction can be tracked on our blockchain explorer. iFiat’s one-to-one backing implementation is easier for traditional merchants to understand and accept for their goods or services. Although iFiats are fully redeemable via the options below, the best use case scenario is to spend it with other merchants or suppliers, because it’s real-time and has a very small transaction fee for users. Instant loading onto virtual or physical debit cards Request to transfer to bank account Pay any type of bill, include loan repayment, utilities etc. Generate crypto gift voucher, which is redeemable with all Agate merchants (in store or online) I see you took your time for explaining this. Thank you very much! Its important to have the ambassadors like you teaching people about crypto. Well, maybe its good that not many people know about cypto yet. Leaves more for us you can think of it this way, ofcourse, but if the market is larger it offers more options for us as well But a larger market also brings a number of new challenges and I wonder if people in the crypto are really ready for that. What kind of challenges do you have in mind?
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On the first page I read that Timechain will allow the users to circumvent exchanges and deal crypto directly without the need to use exchanges but directly from the wallet - but won't this require some additional security and protocols?
Hopefully team has thought about that , since I don't trust smartphones yet.Would be nice if someone from the could say a bit more on this issue. Direct trading is the future but there are a lot of questions to be answered before that happens. The security issue is the big one at the moment. And I don't see exchanges not fighting back so it will be a hard one to carry out. So it is not safe to keep crypto on your smartphone? What is the safest wallet? Safest way would be to just get Ledger. Maybe timechain will have something better then legder. More secure.
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KuBitX, one of the most sophisticated and robust cryptocurrency trading platforms designed to be user-friendly, enables people from all regions and backgrounds to get ideas around Blockchain and cryptocurrency.
I agree with your reasoning.
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When can we expect mobile app?
According to the road map beta version of the mobile app is released in March, the app will likely appear after the end of the sale. Will app be available on all mobile OS's? Android for shure, don't know for iOS according to latest issues.... Internal issues or something regarding restrictions iOS has put on ICOs? As far as I know those issues are regarding ICOs. I think they haven't changed their policy around this and probably won't change it anytime soon which is too bad. On the one hand, it's bad because projects only have one option, but Android is very well represented, so there will be plenty of users. Android is the most wide spread, but also has wide variety of devices.
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When do I receive my bounty tokens?
After end of sale, same as every bounty campaign You have info on telegram group.
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It looks like a very technical project, and I've looked at your team information, and you're all very professional. I think this project will be great success, wait for your information later
The tech seems promising and a leap forward in crypto.
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The Kubitx platform is easy to extend. This means that it is always willing to accept new and additional features that will improve the overall user experience.
What does "easy to extend" mean? Does it mean that it will be open for he community to change the features?
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The project is interesting and I think this is a good project for the investors. but many projects are similar in the market. I hope with the innovation and strategy of the team will be effective in getting investors to support this project.
Yes it is hard to make a discernable difference in todays crazy competitive market. I guess its all abiut making the right steps. Of course it is important to make good decisions and make the right steps, but I believe it is not bad that the competition is strong, the best projects will simply succeed. Yes it's the concept of "the survival of the fittest" it all depends on the goals, progress of the devs, implementation and community involvement I guess... It also deends on of the project is just a money grab, but agate doesn't seem that way.
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I would like to see Live AMA,you plan anything like that?
Yes, for sure! We are now planning one. There will be a Q&A session with the Arabic community (done in English and translated to Arabic ). We will circulate this and request more questions from the English speaking community. This will naturally introduce the video AMA. Hopefully early next week! We'll keep you posted! Best Regards, MaZeeCM I'm looking forward to this!
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Making purchases and withdrawals directly from wallet is something I'm looking forward to here. It will be a great feature!
Do we know how will fees look like for withdrawals? Hmm maybe its too early to define that, but I'm sure that the team will come up with something fair. This will be very important in order to be relevant and competetive. Fees are always the most important factor in the end. Of course...but you also can't deny the practicality of that...even if the fees would be a little bigger.
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When can we expect a beta version and testing to start?
I think that beta should start in Q3 2108 if everything goes according to roadmap. I hope it will, Q3 of 2018 is just behind the corner Somehow I think that Q3 will be exciting for this project and crypto in general. I just have a feeling
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I like the fact that agate will have an open API feature.
I like the merchant friendly solutions! Open API? Does that mean that developers outside the project will have access to contribute with their work? It would make sense ti make this an open project in terms that it would be accessible through developments of others. I do not understand this part, can anyone explain it? Thank you. Open API mean that developers and will have access to data and app and will have ability to develop on it and from it further to make additional features , other applications that communicate with this one to make a better solutions and similar things like that. Oh cool. Didn't know that possibility...it like little help from friends API is actually a way to connect different systems over a "common language".
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Interesting project - in which phase is it now? pre-ICO or ICO?
The Pre-ICO will start in a few days So pre ICO is presale and ICO is initial sale?
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i think this is very wonderful project. i wish this project sucessfull like bitcoin.
Whoa....that would be a huge upset that something brings down bitcoin from the throne...but I don't think time-chain aims for that
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KuBitX+Modulus: A Unique Partnershiphttps://medium.com/@kubitx/kubitx-modulus-a-unique-partnership-4edee53e9bd3KuBitX, leveraging on it’s partnerships as well as the combined in-house professional experience spanning over one century, is positioned to create a new style of delivering Exchange and Financial Services that addresses the real needs of customers in the emerging markets. Good read,thank you for sharing that! Thank you for sharing. A very interesting article Yes, one thing i want to clear, everything seems to be very interesting but from which country they are operating because some governments are not giving permissions to the exchange. How far this company will operate we have to wait and see because to operate exchanges it is very difficult. We can say that more or a less every project have such a problems, but things will change in terms of regulation... I'm just worried that regulations will bring down the competition.
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Promising project. in your road map, I saw that you are planning to obtain a bank license. Tell me, in which country?
Probably in one that does not have to many restrictions regarding crypto. I think South Korea could be an option. Its unfortunate that more countries are not so open to new technologies. Hopes it will change over time... More countries will have to adept or else they will become a victim of changes.
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Will people from USA and China be able to participate in the sale?
The SOUK token is a utility token. It is available to people in most countries. Citizens from the following countries are not allowed to participate in the SOUK token sale: The People's Republic of China, Socialist Republic of Vietnam, United States of America, or any resident of a country where American embargoes and sanctions are in force, namely Iran, North Korea, Syria, Sudan, and Cuba. If its a utility toke, does it have a value?
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Agate will be connected to our credit/debit cards?Like PayPal?
I think they wont be just like paypal but something similar - paypal for your crypto. Yeah, it is just similar to paypal in some way, I don't think that it would be connected to user's credit/debit cards. they're probably using the paypal reference for people to relate to it and get more excited. Its the most obvious winning card!
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Go Cryptosoak, go all the way!
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Do i have to go trough KYC in order to join the sale?
KYC is standard nowdays,so its best to get used to it! Is the process fast or we need to wait for a lot of days?I have bad experience with KYC in general. At the moment we have so many tools available to make faster this process. If people don't like the old laggy ways to pass the KYC procedure than dev can implement advanced tools as some project are already providing this service. The worst part for me is when you have to send a photo of yourself with paper and write dates and stuff...That always makes me go away from the project. Why, do you feel that your privacy is in danger that way?
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