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Author Topic: 💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰  (Read 521760 times)
james7854
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July 23, 2018, 08:40:02 PM
 #1141

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 Smiley

you can think of it this way, ofcourse, but if the market is larger it offers  more options for us as well Smiley

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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sexymadafaka
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July 23, 2018, 08:50:19 PM
 #1142

I see there is going to be a really long presale, is team planing to get more partnerships during this period also?

I believe that, team can make a lot of strategic moves during sales period.

I'm sure they will. This period is good for that.
Kvazimir
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July 23, 2018, 08:58:08 PM
 #1143

I see there is going to be a really long presale, is team planing to get more partnerships during this period also?

I believe that, team can make a lot of strategic moves during sales period.

I'm sure they will. This period is good for that.

In that period, they will know how sales is going and will be able to push marketing in the right direction if needed...
killer9966
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July 23, 2018, 09:05:19 PM
 #1144

I see there is going to be a really long presale, is team planing to get more partnerships during this period also?

I believe that, team can make a lot of strategic moves during sales period.

I'm sure they will. This period is good for that.

In that period, they will know how sales is going and will be able to push marketing in the right direction if needed...

I hope that agate has some good marketing people.
djuro74556
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July 23, 2018, 09:15:02 PM
 #1145

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 Smiley

you can think of it this way, ofcourse, but if the market is larger it offers  more options for us as well Smiley

But a larger market also brings a number of new challenges and I wonder if people in the crypto are really ready for that.

It is easy to find negatives in all change, but this could also mean that crypto can mean a new means of payment for all markets. That would decrease fees significantly in trades.

Decrease fees....how would it affect on that?
buraz
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July 23, 2018, 09:26:18 PM
 #1146

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.

So, coverage will obviously not be a problem, the difficulty in working on some devices is something that all developers encounter...

Yes good optimization is the key in that case.
tiCeR
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July 24, 2018, 12:39:18 AM
 #1147

I have been using Paypal for many years & I am in Crypto industry now.
That is so great to hear that there is a solution of Paypal for crypto currencies.

I am with you.!

Yes Agate is proposing a solution of PayPal which has been a bit strict for some particular countries, most people find PayPal very convenient and easy while others find it stressful, but this however depends on your operation with PayPal,  
PayPal is a secure payment processor but Agate will include the use of crypto in its platform which is great.

PayPal could do the same within a blink of an eye. If they see that the implementation of cryptocurrencies is necessary in order to stay competitive I think they will do it.

Its too bad they dont see the potential in it. But this makes other projects work for it and become succesful.

No it's not too bad because they would still be a centralized company with all the power in their hands but we want decentralized companies.
Blueoyster
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July 24, 2018, 01:17:42 AM
 #1148

Why is the licensing of the Bank planned for the end of 2019? What is the throughput/number of transactions per second?

It could be just a bureaucracy thing. I can't imagine that licensing a bank could be a quick thing. Think of all the paperwork that has to be done, all the regulations taken into consideration...

Surely licensing a bank is a very demanding task and all projects need a lot of time to pull that one through.
Londondungeon
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July 24, 2018, 01:35:47 AM
 #1149

How do you plan to attract merchants to use Agate?

That is a great question.It is easy to make a product, but to get people to use it is another thing.
BigcountryRoy
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July 24, 2018, 01:43:39 AM
 #1150

How do you plan to attract merchants to use Agate?

That is a great question.It is easy to make a product, but to get people to use it is another thing.

This is a question that has been missed my team it seems.Would be nice to get an answer or a a plan for attracting merchants.
HiLander
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July 24, 2018, 01:52:28 AM
 #1151

I have been using Paypal for many years & I am in Crypto industry now.
That is so great to hear that there is a solution of Paypal for crypto currencies.

I am with you.!

Yes Agate is proposing a solution of PayPal which has been a bit strict for some particular countries, most people find PayPal very convenient and easy while others find it stressful, but this however depends on your operation with PayPal,  
PayPal is a secure payment processor but Agate will include the use of crypto in its platform which is great.

PayPal could do the same within a blink of an eye. If they see that the implementation of cryptocurrencies is necessary in order to stay competitive I think they will do it.

Its too bad they dont see the potential in it. But this makes other projects work for it and become succesful.

No it's not too bad because they would still be a centralized company with all the power in their hands but we want decentralized companies.

Yeah, it is still early to expect that most of the people that are investing in crypto have the consciousness and integrity to avoid investing in centralized projects and projects that just throw word blockchain in to get a piece of the pie.So I agree with you 100% it is not too bad until crypto ecosystem evolves a bit and people focus more on the essence of crypto and why it was created in the first place and less on greed.
STUNTMANMAJK
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July 24, 2018, 04:45:46 AM
 #1152

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.

So, coverage will obviously not be a problem, the difficulty in working on some devices is something that all developers encounter...

Yes good optimization is the key in that case.

That's why BETA is used to maximize optimization of applications.
iamreal
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July 24, 2018, 05:14:29 AM
 #1153

This is a great project, Is the platform open for testing, I would love to work with the API, What are the requirements I need to get started, also is there a bounty program for this project?
constructive_criticism
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July 24, 2018, 06:47:04 AM
 #1154

This is a great project, Is the platform open for testing, I would love to work with the API, What are the requirements I need to get started, also is there a bounty program for this project?

There might be some regional requirements as some projects do not release the beta in all regions and you will probably have to go through KYC, but best to wait for someone from the team to reply.
snowcommander
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July 24, 2018, 07:30:00 AM
 #1155

This is a great project, Is the platform open for testing, I would love to work with the API, What are the requirements I need to get started, also is there a bounty program for this project?

Great to see people are interested - will the code be available for reviews?
Crazy_Heart
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July 24, 2018, 07:39:44 AM
 #1156

How you plan to spend the funds after the sale,can you share  some info regarding that?
sammiu0612
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July 24, 2018, 07:42:06 AM
 #1157

Are there any incentives for investors attracting to the project?

WE ARE LIKER
Blockchain platform that combines Education & Technology
Hilderman
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July 24, 2018, 07:50:47 AM
 #1158

 I see that you already raised $1 million ,was that from private sale round,or maybe from some big partner?
crownjewel
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July 24, 2018, 08:24:52 AM
 #1159

How you plan to spend the funds after the sale,can you share  some info regarding that?

I hope it will fund further development and maybe give us something new that was not announced. I can imagine the team having some ideas that can't be developed due to financial reasons.
cmdr1
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July 24, 2018, 09:55:13 AM
 #1160

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" Wink it all depends on the goals, progress of the devs, implementation and community involvement I guess...

There are a lot of parameters and unknowns in this equation. The thing is that the competition is huge and every project has to go that extra mile to get investors and after that, users...
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