Thanks for your feedback but probably you don’t understand us well. Firstly, if you are going to use only cryptocurrency, you shouldn’t verify your account. Verification is must only if you deposit/withdrawal with a card. But cards are not the onliest way of deposit/withdrawal. Use cryptocurrency if you don’t like large fees and verification. - Fee: 6% for the deposits done with Visa/Mastercard,
and this only if it's done in USD or EUR, otherwise it can go up to 8%.
- Fee: 3% for the withdrawals, only in EUR.
So between the deposit, the trading fees, and the withdrawal, it eats ~10%
And on the top of that, users need to be verified, and the card is the only option either for deposits and withdrawals... Can't think about why someone would buy or sell there.
I was a bit worried to be honest with such high fees. So is there any kind of fees for withdrawals in crypto? Lets say in BTC or ETH for example. |
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I mean it is quiet for too long, should we consider this dead if public sale does not happen until the end of the March?
It will happen, it is not dead, you should visit Telegram channel, admins are active there. |
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Which currencies will be used to pay out the dividends to investors?
I think that it will be ETH used to pay out dividends, wouldn't mind if there was some others included too. Interesting, investing into FABA will give me possibility to earn dividends? The dividends will be paid from listing fees or from what? Could you kindly tell me more? What is expected return? Dividends will be paid by the profit those companies where faba invests make. That is best part about security tokens. In that case choosing right companies will be crucial,otherwise you wont make any profit.On what kind of companies faba invest plans to focus? Our Investments are cut across several sector of the world. Our investment team make concious effort to select only projects that can add value to humanity and at the same time return a reasonable amount of dividends to our portfolio. Would you consider investing in a company simply cos of the profit and disregard the improving our lives and helping humanity part? No sir. The reason is because our planet is dying, and humanity is continually bedeviled by diseases, this is not good, and we want it to stop. Greedy entrepreneurs are investing into all sorts of things without minding the damning effect it has on our lives and environment. We at Faba Invest beg to differ. Only projects that can add value to our environment, ecosystem and to humanity in general do we consider viable and worthy of investing into. Thank You! That is the main reason for me that made me decide to invest in Faba, it is important where money goes and how money is being spent and invested. |
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If you reach only half of the hard cap predicted what is your projection for number of companies that will be invested in?
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I know that public sale is delayed, but I read that private sale is still ongoing.So does that mean that we can somehow buy AGT even though public sale is closed?
Private sale is still going on? Can you share link with that info please? If you open the website you can see it on the homepage directly...It say open for private investors. It would be good to get that confirmation from Agate team. I actually asked that today in their telegram group,and i got the confirmation from admin that private sale is still on. Good to know that people still can buy AGT despite public sale is delayed. Even though this information should've been much better communicated to public, lots of people obviously had no idea that private sale is ongoing. |
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When exactly sale ends tomorrow, and do you plan any other marketing activity beside bounty campaign among crypto enthusiast?
Probably midnight is when the sale ends, when new date rolls in. I thought that there will be break between rounds 1 and 2,that wont continue imemdiately. Of course there is a break in between. For how long will break last before ico phase 2 begins? 2nd round of FABA STO(not ICO) starts on March 1st,so few more weeks . The more people learns about Faba the better."2nd round should be even better, minimum is really high to participate so any sale made will be a good sale. |
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Is there a bounty that is active for Agate maybe? Would like to join one if there is one.
Only VIP signature bounty is active at the moment,no ongoing airdrops or regular bounties . What does that mean VIP bounty? Is that some kind of exclusive bounty? Is it still possible to participate? Only high ranking members of the forum can join that kind of bounties, you as newbie are not eligible unfortunately. So there is no way to get some AGT it seems.Been reading through topic and I can see that sale is delayed.When should sale be started again? It should start before end of the this March, but there is no exact date set yet. |
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Since they are big investors do they get shares of the company,or FABA tokens only? Well it is not that big investment if you ask me, it is just decent, so guess no shares. Every Faba investor has both shares and Faba tokens. This is what enables us to deliver dividends to our investors. People are still in same mindset as if we were talking about utility tokens.They forget that this is security token and that it works like stocks do so everyone actually gets the shares and dividends according to their investment. Exactly, STO is something much needed in crypto space and security tokens are going to surely take over simply because they offer much safer conditions for investors. Faba is one of the examples of what is going to become standard pretty soon. What is difference between STO and ICO?Is STO only for security tokens,or can utility token be sold in STO? STO is abbrevation for security token offering  Speaks for itself  |
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That is a good video indeed,really goes in depth about Agate and everything that it has to offer.You can just play it,close eyes and chill.Atleast thats how i " watched" it Team should make some new updated videos, because lot of things have happpened and been developed since the time this video was created and published. Well team should first inform us what has been developed officially, like Medium article about all the developments on main net and wallet. |
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faba token is very the best project. the whitepapper from this project is very consitent. the price per token is very high . think this project will success good luck sir  That might be true,as price is $1 per token,but then again total supply is not huge either and all unsold tokens will be burnt.So no worries that will affect value after end of ICO. A dollar is a reasonable value for most investors. It is necessary that this price be maintained, lately the ICO's with tokens prices for $ 1 have devalued, causing significant losses for the buyers. If the project delivers what it promises it will be successful. In my own opinion i think $1 value for token during ico is too much, better to have more supply with reasonable price than highly priced tokens that will end up going below ico price once hit exchange, this is normal trend of most tokens now, go below ico price once on exchange, I would prefer to invest on tokens way below $1with good team behind it, between not all small supply tokens are doing well. Well neither are high supply small price tokens doing well at the moment.Nothing is doing well at the moment to be honest. When market recovers it won't matter if it is high supply low price token or vice versa. |
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Can you please elaborate how to buy crypto currencies with PayPal from your platform? You deal with Peer-to-Peer exchange or we have to buy any intermediate currency first, and then sell that currency for Bitcoin? Please clear my doubts. Thank you!
I don't think that they accept PayPal for buying Agate tokens, they accept only cryptocurrencies. So far Agate accepts ETH,BTC,EOS,LTC and DASH ,and i think many more will come in the future. Accepting credit cards also wouldnt be bad,atleast at the beginning to attract new users who still have problems with crypto.I remember i bought my first ICO tokens with credit card. Well sinmce this is crypto based project,it should accept crypto only,especially since its not hard anymore to buy ETH/BTC like it was few years ago. This is the project that aims to go mainstream and you still can't just go with crypto and expect mainstream. |
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Was the soft cap reached in private sale? And yeah, congrats to the team on reaching the first milestone, in this market a proper good job indeed.
Over 2.6m USD (in fiat) was raised in the private sales. While all other funds are being raised through our STO offering. How much you raised so far overall?If you can disclose that information of course. At the moment we can't disclose the exact amount we have raised. Although we have long exceeded our softcap. You will announce amount raised at the end of first ico round?Or we have to wait until end of 2nd ? It would be nice to know how much was raised, so people can make some projections and decisions. |
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When can we expect main net beta? Would be nice to get some info from the team about the status of developments.
It was said multiple times Q1 2019., but I agree with you that team should really start updating us about the current state of things happening with Agate.Marketing department is slacking big time. what about AGATE Public Sales? when they will start, I think it's been too long, they have collected soft caps, so they only need additional funds to facilitate development to make it easier. They are simply waiting for better market and in the meantime they are developing the product. Seems that quite a lot of project are doing this tactic of waiting for better market... to be honest I don't see that as a good tactic.If you believe in your product and vision market should not have that important role. I don't mind when the sale is being delayed because of market, that makes sense.Some project delay listing because of it and that is simply bad move, market may not recover for a year. |
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So more FABA tokens we own, more bigger share of profit we get?
Exactly! The more Faba tokens you own, the more your ß shares and profit. Thank you! Makes sense ! I noticed that many projects are having security tokens lately, and it definitely makes sense, especially in FABA case as your are VC focused project. Moving to STO is better for cryptocurrencies and it will bring more transparency and safer ecosystem for investors. |
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Can you tell the incentives that you plan to offer to merchants and regular users to use Agate? How many users do you expect to have using the platform in first 6 months after the launch?
This will be the key problem, to get all those retailers on board, and so far we see that they are doing good job regarding that. It is a good thing that Agate is getting those big retailer chains with them,it will be much easier to attract smaller ones later on,when they see that big chains are using Agate solutions. The most important question is what is the point for networks to switch to this method of payment? I do not see any normal business owner and who knows how to count the numbers who would agree to work under such conditions. Lower fees i think, as usually card companies take 2-3% from every transaction,an with agate having much lower fees,it should pay off easily. What will be the fee for transaction on agate platform? Transaction fee will be 0.1 AGT. Thats considerably less than standards fees. That is almost as having no fees if we are being honest here. If there is such a low fee, how will the miners then earn from mining AGT? I think there will be no mining when it comes to Agate. Agate will be POS. Cool, so we can stake AGT.What will we need to be able to stake AGT? Only hold AGT and have a wallet or? Since it will be proof of stake system,it will be abit more complicated than that. Yeah, it won't be a wallet kind of staking, it will be staking through pools. How will that work? I have never tried staking that way before, usually you have a wallet and you put it in the staking mode and that is it.How much AGT do we need to stake? Is 1 AGT for example going to be enough to theoretically stake? When Agate main net is released then you will have more public pools and you will be able to join them and then stake your AGT in one of the pools you choose. If that option is not for you, you can also run your own masternode instead. What are the requirements to run your own masternode? I presume it won't be cheap to run one on your own. You will need to have 50k AGT tokens to run the masternode, so if you pick up the calculator you will see that it will actually be cheaper the most of the masternodes so far. It turns out that we need 3.8k USD to run masternode, that is not that cheap to me lol Do we have any estimations on ROI or that is still completely unknown? |
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How much tokens were allocated to the team members and partners initially? Can you share how were the tokens distributed?
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How you plan to keep on making money to be able to run this applications, what will be the source of revenue?
Hi SpockSenior Our main source of income will be verification fees. Do we know how much will verification fee be in the end? I believe that is not determined yet, probably it depends on projections that still need to be calculated after sale. Will verification fee be a one time thing? Like I verify my document and I don't have to pay ever again to re-verify for something else? Hi M0destMaestro That is exactly how it's going to work, verification fee will be one time thing per document verified. Only time you will have to re-verify document will be in case you don't do backup of your verified data. Does Lynked.World plan to offer users some service to backup data too? No, it would require a lot more funds to run that also and to make sure that it is 100% secure at all times.You can backup your data the same way as you did until now. |
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It's nice to see this bull market, maybe its good time for Agate to start with public sale and use this optimism.
The bull market started just a few days ago, it is still early to draw long-term conclusions)) Bears are still very strong. Just wanted to write the same thing, it's still too early to call this bull run. It's more likely to be bull trap, but we might go up to 5k usd. So it's still good to wait with public sale. Do you think Agate team should start protecting their funds by going with ETH raised into stablecoin? Some ICO's started doing this. It could be a good way to avoid suffering loses if ETH goes down like it did, this created a lot of problems for most of the ICO's. |
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Which blockchain are you using to store the data?
Lynked.World is based on ETH blockchain so all data and everything else is going to be happening on ETH blockchain. Does Lynked plan to later have their own blockchain like lots of project do? It is easier to start on ETH blockchain, but it is better to have your own later right? I don't think that Lynked plans to have their own blockchain at all.I don't see that Lynked needs one to be honest, ETH blockchain is more then good to run platform like this and there are a lot of advantages to Lynked being on ETH blockchain. |
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