What is the plan B if soft cap won't be reached?
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Some questions: 1) Has Agate got any VC funding or is it 100% crowd funded? 2) Are there any partnerships with non-crypto companies, banks etc. as this is a finance based company? 3) Why go for another blockchain instead of say develop a sidechain on ETH itself. Developing a new blockchain significantly raises the entry barriers and slows down adoption? 4) What's the basis of saying, "Labelled as PAYPAL OF CRYPTOCURRENCY BY +100,000 strong community members". Is the product already launched and used by 100,000 members?
1) Has Agate got any VC funding or is it 100% crowd funded? Yes two crypto fund backed Agate so far,(one is us base) 2) Are there any partnerships with non-crypto companies, banks etc. as this is a finance based company? Yes , in particular there is a contract with a passive card issuer and another one with a financial institution to settle fiat fund in user's bank account 3- Why go for another blockchain instead of say develop a sidechain on ETH itself. Developing a new blockchain significantly raises the entry barriers and slows down adoption? initially some of the module has been built on Etherium blockchain where transaction is not instant and it's so costly for micropayements, then built on Waves Platform where due to limited number of coin, transaction cost get expensive as Waves coin increased in value ($16 in Dec 2017) and finally they decided to run their own chain with instant transaction and almost free transaction cost to allign with project goal and to mainstream crypto payments. 4) What's the basis of saying, "Labelled as PAYPAL OF CRYPTOCURRENCY BY +100,000 strong community members". Is the product already launched and used by 100,000 members? we aim to get 100k user soon , but to answer your question we've most of crypto community after reading our white paper or check the product consider Agate as PayPal for crypto currency there is also an article regarding this https://youmeandbtc.com/news/the-agate-blockchain-is-like-paypal-for-cryptocurrencies/I hope I answered your question, but please let me know if you have any other question. There is no such a thing as 100k community members. It's only the telegram group with 100K members that are 90% face IDs. Please watch for these fake and cash grab projects. I've been burnt before Of course there is not 100k members and that some are fake, it is like that in crypto, but that just shows that a lot of people was interested and is in the project.News channel has 18k members, are those fake too?
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Hеy Nоw thаt Bitсоіn is in its finаl dеаth thrоеs, I аm аll іn уоur tokеn! Givеn thаt іt іs bасked bу thе SЕС, time I сan't lоse unlіkе wіth Bitcоіn, whiсh аs I mеntіоned is рrеtty muсh dеаd... аgаin. SО, I m іn.
This token is not regulated by SEC. Don't get confused. Ok, so SEC does not have anything to do with this project right? No, that guy had a sudden rush of shit to the brain
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Does anybody know where the team is situated at? As in what's their location?
Why is that important? It could very well be that they don't all work at the same place. I read on previous pages that the team is located in Europe and more specifically Estonia. If they have not moved then I guess this is still valid information. You are right, even their ex president is supporting Remoneta Wow if he's supporting it, then it must be good right? Only of he has experience in this kind of business or in crypto. Being a president does not mean you know anything. Look at the USA president XD It is good enough to have him, he can be great and is great for promoting Remoneta too Yep, not a lot of projects can say that president of a country is supporting them and believes in the project!
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What is the plan B if soft cap won't be reached?
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According to your roadmap you plan to expand the team in Q4 2018.You already know what kind of experts you gonna hire?
Yes, Mostly the team need to hire a marketing person in order to expand the business to other countries, but for everything, we have to wait and how long it will take to returns the cash back to the people who purchased through their partner websites. But it has to be a person with a lot of experience! I think that this implies it But a lot of experience in crypto marketing, and I'm not sure those kind of people exist just yet. Though it's not a really new market, I would also expect rhat such experts are hard to find because even those with huge projects in their resume dont really have big end results. You are right and that is because crypto market and marketing is completely different kind of animal than normal marketing. Big shots get into crypto based on their great track from real world and then they fail in this wild west miserably
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Who do you consider to be your main competition?
Stellar Lumens, SelfKey, OmiseGo, Ripple, and Sovrin EVEREST has many competitors and relatively strong competitors. What strengths will the project take to win this competition? Cash Transfer: 100% validation of money sent to biometrically verified users. Remittance: easy, cost-effective way for banks to offer money transfer services. Micro-finance: full solution to lend money to the billions of people and SMEs. Micro-insurance: collect documents, biometrically sign contracts to serve billions of users with or without devices. Medical records: manage documents hosted in the cloud or device, track healthcare for all. Land: combine titles, GPS coordinates, and identities to bank and secure land. ID verification: verify identities for value exchange with integrated KYC/AML." All this implies that Everest will have to have a deal with some bank right? I wanted to get back to this one : Micro-insurance: collect documents, biometrically sign contracts to serve billions of users with or without devices How do you plan to service people without the devices?
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Everest is very appealing project that could really improve our lives.Is there a way to earn some tokens without investing as minimum is too high for me.
I think we can join bounty campaign.Is there an airdrop too maybe? Forget about airdrops, bounty is the way to go. True,you can make earn way more by joining bounty campaign,especially if you put some effort into it But I thought that usually profit from bounty is not really big unless you are doing the videos? Signature campaign is usually also very good, but reward depends on your rank And how much time you put in. But there is some serious money to be made if the pool is big enough. Is there any info on how many tokens will be allocated for the bounty pool for sigcampaign? YOu should be able to check that on the bounty thread.
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I know that sale just started few days ago,but how it is going so far,are you satisfied?
So far so good, considering current market situation specially significant price drop on ETH is smoth sale. Good to hear that,and yes market situation is not best at the moment. The fact that your soft cap is set at reasonable 2 million USD also helps i think. I see on the first page its being mentioned that already 1 million raised from private investors.That means half of the soft cap is already reached?Actually more than that,since presale started recently. Yes, you are right, but wondering who invested first million?
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I think it was, but would be nice to know who actually did it?
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Is there any free program right now? If there is, skinte please link.
Yes i would like to know that too,is there bounty campaign or airdrop? It seems that there is isn't which is quite a shame.
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How come you decdied to go with Ethereum blockchain,is it fast enough to support something ambitious like Dealjoy?
Why waste time and money when Ethereum is more than good enough? Good call by the team. Will any later changes of Etherium blockchain have effect on how Dealjoy will work and behave?
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awesome idea but its gonna take a loooong time to get used in real life. People still don't buy their groceries in bitcoin, pay their rent in bitcoin, pay their mortgages in bitcoin, and so on. As soon as cryptos are used more instead of bought to make money, this project will be on the first row. This is not a question of if, it's a question of when,but these kind of projects like Workchain will surely speed things up!
Yeah sometimes you just ask yourselves how I didn't think of that? It is great idea,but implementation is toughest part,but Workchain has experience needed fot this to be success,so im definitely optimistic, It is also quite difficult to get noncrypto people interested in using crypto which will be needed for this project to go global. Its true that people's interest in crypto is not yet big enough and many are afraid of volatility. To overcome this problem, at WorkChain.io, we are implementing solution using stable-coin like TrueUSD, which is always 1:1 with USD. This approach will bring crypto to people and they don't even need to know about it. They will be earning TrueUSD which is same as USD and spending it in real world using their crypto debit card. Using TrueUSD they are already in crypto ecosystem and barrier for exploring the rest of ecosystem. Now that you mentioned using crypto debit card with true USD, do you plan to release your own debit card, or there is no need for that? Issuing own debit card is a long process. Its usually better when you have full control, but for start partnering with existing one is going to be our goal. We have analyze current crypto debit cards and options are really limited, but at the moment WireX sounds like good start. Partnering with Wirex is a good plan as Wirex is well know in crypto and has a good support too.
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How much you expect to raise during the sale,and in case you dont reach hard cap,what you plan to do,do you have some "plan b " in that case?
You gotta keep trying until you succeed. It is not a must to reach a hard cap,most of the project don't reach a hard cap and still become a success.
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Is proof of care still going on,or its over?
Since sale is over,i doubt that proof of care still goes on. True,as proof of care was giving bonus for sale,no point to go on if sale is over. Especially since cap was reached. They dont need the additional promo anymore Well,promo is always needed,as you want it to spread among crypto community,they will be the first ones that will use ReMoneta.So i think even bounty campaign is not a bad idea,or proof of care,with some other bonus since sale is over. Promo for the project and marketing never end. It's a continuos battle to sell and reach new users. Especially at this early period, when crypto is far away from mainstream. If they dont have any bounty and proof of care anymore how will they reach new potential users to grow the platfotm? Is there a plan? There is a referral program.Maybe there will be some additional sales too.
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Can we expect android or iOS app in the future?
That would be good, I use apps most of the time, much more convenient then PC. Same here, I must say I would prefer iOS one, those are usually more stabile.
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Do you have an app yet, something to check before investing? Sorry if this question has already been asked.
App will come later, not out just yet, but I'm sure will be awesome.
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Hi,if i join Pre-Sale now,when will i get my tokens?Right away,or distribution will start after end of sale?
Hi CptPizzard If you buy tokens during our Pre-Sale,you will get RTC immediately after transaction is confirmed. Best regards, Ana Lukovic Communication Assistant Rateonium Limited This is a good thing,that we get our tokens immediately,so we dont have to wait end of sale,and tats how most of other ICos are doing. Will those token be locked? Hi Dzefa Tokens that are allocated for our Crowdsale won't be locked. Ana Lukovic Communication Assistant Rateonium Limited So people that get 50% bonus will get tokens even before main sale ends and those tokens won't be locked?
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How much does it cost to list token on the CryptoSouk?Did you set the fee yet?
Good question. This kind of information is not out yet but please make sure to follow the Telegram Channel for the announcement @cryptosouk_community_en Hopefully not too much to allow smaller coins a chance to be listed too.
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Interesting article. Thank you for sharing. I did not know this :"“The proposed framework will offer legal certainty in a space that is currently unregulated,” the government said in a consultation paper. A national tax policy that permits international companies on the island to pay a rate of as little as 5 percent doesn’t hurt, either." What does this rate of 5% apply to? It may be related to the percentage they take after changing crypto to fiat I would say all businesses have to pay some tax, so maybe this is their toll on the general tax? I think this the tax companies pay to the state on their yearly income.So 5% is ultra low for companies and great for them to operate from Malta.
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