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Author Topic: 💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰  (Read 521762 times)
inv3stor
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June 09, 2018, 04:17:41 PM
 #141

What will be transaction fees, when all this conversions kick in? Fee will be in AGT right?

Transaction fee is always 0.01 AGT which currently is almost free ( $0.00076), in fact one the most interesting things in Agate project is very cheap transaction fee which let anyone to pay for items as cheap as $0.5 and still make sense. also as we mentioned in WP by increasing value of Agate up to 10X or even (hopefully) 100X more than today price still is very very cheap (i.e: if Agate price increase by 10X and become $0.76 then the transaction cost would be $0.0076 and if it increase by 100X the transaction cost would be $0.076 which still is nothing) hope I answer your question
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inv3stor
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June 09, 2018, 04:22:54 PM
 #142

Agate is a great project with a lot of work already done behind them and app already in beta, though from what I was able to see it is Android.Do you have any iOS app already?

We developed both User and Merchant Apps for both Android and IOS platform however as you might know due to new Apple policy they won't any blockchain project/ICO app to be release on App store hence our strategy is to keep developing IOS as well and once we switch to main-net and got all approval speak with Apple to officially release our APP.
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June 09, 2018, 04:43:14 PM
 #143

What will be incentives for the merchants to start using AGATE? Do you already have interested parties?

Thanks for asking this great question as Merchant are the most important part of Agate stakeholders (in business side).
there are several reasons which merchants love Agate include but not limited to:

1- There is no complication for them to accept crypto currency, they don't need to know anything about blockchain, wallet, exchange ,... they simply using either App or physical POS terminal and can request to transfer in their bank account or Debit card seamlessly

2- the biggest problem for  merchant is volatility, if they see something and accept any crypto and tomorrow , next week or next month they wanna pay for rent, staff, bills, supplier ,.... there is no guarantee after exchange it fiat they get the same value whereas in Agate they exactly get what they sold and regardless of crypto price the value always stay the same.
 
3- unlike other app or coins they don't need to waiting from 10min to few hours to receive the fund as in Agate payments are instant . (1-3 Sec)

4- right now in different countries when merchant accepting fund they should pay between %1 to %8 to payment processor where in Agate is $0 (because user pay for transaction fee $0.00076)

5- integration for online websites is easy in 3min and over 80% of all ecommrece platform (Woocommerce, Magento, ,...) can accept via Agate by installing our free app/plugins (please refer to Github)

I hope I could answer your question but if you need to know more please refer to our WP as we mentioned many other reasons and example in there
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June 09, 2018, 04:45:12 PM
 #144

the team of this project is very experienced I think, because there are some advisors from famous technology companies, such as dell, google ... this concept is interesting mix between paypal and cryptocurency ..

Thanks for comments Smiley there are few other great contributors  are on our team which unfortunately they prefer to be anonymous, may be some day they want to be known which then I believe you all know them already Wink
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June 09, 2018, 04:45:57 PM
 #145

What is the minimum to invest in the project?

for private sale $50,000 USD but for pre-sale and public sale only $60
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June 09, 2018, 04:47:26 PM
 #146

What is the minimum to invest in the project?


$60 USD is the minimum contribution for pre-sales and public sales.
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June 09, 2018, 04:48:48 PM
 #147

I really like the idea behind AGATE and it looks like team is very serious. Happy to support the project that will allow us spend crypto with such a low fees and so user friendly.
Do you have any bonuses on purchase available at the moment?
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June 09, 2018, 05:01:38 PM
 #148

the team of this project is very experienced I think, because there are some advisors from famous technology companies, such as dell, google ... this concept is interesting mix between paypal and cryptocurency ..

From what I was able to gather for now about AGATE is that it will be much better then paypal for sure.This is mix between AGATE and better world system I would say Cheesy
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June 09, 2018, 05:10:45 PM
 #149

I really like the idea behind AGATE and it looks like team is very serious. Happy to support the project that will allow us spend crypto with such a low fees and so user friendly.
Do you have any bonuses on purchase available at the moment?

Great to hear that Smiley and thanks for support
if you mean bounty please refer to : https://bitcointalk.org/index.php?topic=4426676
but if you mean discount/bonuses on purchase , Yes currently private sale is running which has a minimum of $50,000 with 35% discount.
inv3stor
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June 09, 2018, 05:12:52 PM
 #150

the team of this project is very experienced I think, because there are some advisors from famous technology companies, such as dell, google ... this concept is interesting mix between paypal and cryptocurency ..

From what I was able to gather for now about AGATE is that it will be much better then paypal for sure.This is mix between AGATE and better world system I would say Cheesy

Well said, Smiley
thanks for comment, TBH Agate never wants to be PayPal we want to create a safe, easy , cheap and practical ecosystem to expand and shift cryptoeconomy to next level, but to make it more digestible  for general public some user suggest to use this flag:)
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June 09, 2018, 05:50:28 PM
 #151

Yeah its too early to think now about the exchanges while sale hasn't started yet.Plenty of time  for that.

It is never too early to start talking to exchanges to ensure listing when ICO ends Cheesy Did you already started some talks with exchanges, no need to name names of course.

Thats true,good exchanges take time,not easy to get listed on them
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June 09, 2018, 05:59:48 PM
 #152

What will be the main AGATE  source of revenue?
inv3stor
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June 10, 2018, 12:15:04 AM
 #153

What will be the main AGATE  source of revenue?

Currently there are 10 direct utilisation for Agate and in-direct potential  in enormous because as an platform or blockchain protocol thousands of developers and business can use Agate to generate their own tokens and run their very own crypto economy on Agate,
here I copied 10 direct utilisation from WP:

------
Unlike most newly generated tokens of ICOs in blockchain apps or software with no or only one income stream, one of the value propositions of the AGT token is that it has several revenue streams to ensure our token holders have a solid, continuous value-added token. While we always work to add as many as possible new strong income streams for AGT token, here are some examples for the current Agate token:

1.   All exchange orders between different cryptocurrencies have a fixed cost of 1.00 AGT
2.   Any trades by Agate Trade Bot at the time of execution would cost 1.00 AGT
3.   Although exchanging cryptocurrency to any iFiat token is free, if users want to load their cards or request bank transfers, Agate will charge them an equivalent of 1% of the transferred order in AGT token.
 
Code:
Example: Tim wants to transfer $500 worth of BTC to his card. He exchanged 1 BTC on the best exchange rate (1 BTC = 10,000 iUSD), and his iBucket would charge iUSD 500 (no additional exchange or transfer fee) in the next step; he wants to load $500 to his card.
As 1 AGT ~ $0.079 and 1% of $500 is $5, he needs 63.291139 AGT to authorise this order; so let’s say the value of AGT token increases by 10X, and each token is worth $0.79; to do so, he needs 6.329113 AGT to do the same, so it’s always better to buy and keep more AGT token to save more on Agate fees.

4.   In order to bootstrap the Agate iFiat ecosystem while there is no transaction fee to buy any item inside Agate iFiat Ecosystem, for example, customers can go to any Agate Merchant, either in store or online, and pay 100 iUSD to buy some things, and merchants will receive the exact 100 iUSD, which they can use to pay to their suppliers who are also in this ecosystem, or they may prefer to cash out their funds to their cards or bank accounts. This is when we charge them the equivalent of 1% of a withdrawal fee in AGT token (similar to when users load their cards).
5.   Ordering cards, POS terminals, printing paper rolls or any physical merchant’s accessories can be paid by AGT tokens; this would immediately add value to the tokens.
6.   Agate Token Generator, as described in its section, allows everyone to create their own customised tokens. To do this, they should pay a one-off fee of 50 AGT. This can be done through Agate Token Generator GUI or Agate API Suite.

7.   Any transaction, either inside iFiat Ecosystem or when businesses or developers create their own tokens, should be paid by AGT coin (like gas in Ethereum) which is 0.01 AGT.

8.   Once we switch to Agate’s main net from our existing test net, all AGT coins would be minable, and as we use the Proof-of-Stake (PoS) method in our blockchain, and miners needs to buy a minimum of 50,000 AGT coins or create a public mining pool in order to start mining, this also would highly increase the demand for AGT coin.

9.   Once our smart contract implementation is finished, in order to execute it in Agate, blockchain users need to pay in AGT coin.

10.   B2B income, by having a comprehensive API suite, the whole suite can be used as white-label platform for those, first, who have their own customers and want to avoid banking fees (e.g., big supermarkets or petrol station chains) or companies who have their own customer acquisition methods and go to market strategy or enterprises who want to integrate Agate with their existing environment and application or even ERP. While they can generate their own iFiat tokens to make sure there is no other token issuer, all operations inside Agate blockchain would work only with AGT token, and also they should buy a API call package for each request as in the pricing table below plus 50 AGT tokens for initial account setup fee, which we will waive for the first 50 companies to get the ball rolling!
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June 10, 2018, 12:17:06 AM
 #154

What is the minimum to invest in the project?

for private sale $50,000 USD but for pre-sale and public sale only $60

Is the private sale bonus fixed,or it depends on the amount invested?
lets discuss Private regarding Private sale Wink please fill this google form and will contact you soon. >> https://goo.gl/jrdeSu
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June 10, 2018, 02:10:08 AM
 #155

I wish good luck to the project!

Appreciated so much   Smiley

Please let us know if you have any questions or need additional information about the Agate project
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June 10, 2018, 06:26:56 AM
 #156

What is the minimum to invest in the project?

for private sale $50,000 USD but for pre-sale and public sale only $60

Is the private sale bonus fixed,or it depends on the amount invested?
lets discuss Private regarding Private sale Wink please fill this google form and will contact you soon. >> https://goo.gl/jrdeSu


Do we have to go trough any special procedures for private sale,like AML?
inv3stor
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June 10, 2018, 06:29:16 AM
 #157

What is the minimum to invest in the project?

for private sale $50,000 USD but for pre-sale and public sale only $60

Is the private sale bonus fixed,or it depends on the amount invested?
lets discuss Private regarding Private sale Wink please fill this google form and will contact you soon. >> https://goo.gl/jrdeSu


Do we have to go trough any special procedures for private sale,like AML?

There is a KYC process in place for order bigger than $7500 USD include private sale which is minimum $50,000 USD
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June 10, 2018, 06:34:17 AM
 #158

Seems like a very interesting project,everything that is trying to make crypto more convenient to actually use in everyday life has my vote.Gotta check WP abit more and then ill come back with questions.
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June 10, 2018, 06:41:26 AM
 #159

What will be the main AGATE  source of revenue?

Currently there are 10 direct utilisation for Agate and in-direct potential  in enormous because as an platform or blockchain protocol thousands of developers and business can use Agate to generate their own tokens and run their very own crypto economy on Agate,
here I copied 10 direct utilisation from WP:

------
Unlike most newly generated tokens of ICOs in blockchain apps or software with no or only one income stream, one of the value propositions of the AGT token is that it has several revenue streams to ensure our token holders have a solid, continuous value-added token. While we always work to add as many as possible new strong income streams for AGT token, here are some examples for the current Agate token:

1.   All exchange orders between different cryptocurrencies have a fixed cost of 1.00 AGT
2.   Any trades by Agate Trade Bot at the time of execution would cost 1.00 AGT
3.   Although exchanging cryptocurrency to any iFiat token is free, if users want to load their cards or request bank transfers, Agate will charge them an equivalent of 1% of the transferred order in AGT token.
 
Code:
Example: Tim wants to transfer $500 worth of BTC to his card. He exchanged 1 BTC on the best exchange rate (1 BTC = 10,000 iUSD), and his iBucket would charge iUSD 500 (no additional exchange or transfer fee) in the next step; he wants to load $500 to his card.
As 1 AGT ~ $0.079 and 1% of $500 is $5, he needs 63.291139 AGT to authorise this order; so let’s say the value of AGT token increases by 10X, and each token is worth $0.79; to do so, he needs 6.329113 AGT to do the same, so it’s always better to buy and keep more AGT token to save more on Agate fees.

4.   In order to bootstrap the Agate iFiat ecosystem while there is no transaction fee to buy any item inside Agate iFiat Ecosystem, for example, customers can go to any Agate Merchant, either in store or online, and pay 100 iUSD to buy some things, and merchants will receive the exact 100 iUSD, which they can use to pay to their suppliers who are also in this ecosystem, or they may prefer to cash out their funds to their cards or bank accounts. This is when we charge them the equivalent of 1% of a withdrawal fee in AGT token (similar to when users load their cards).
5.   Ordering cards, POS terminals, printing paper rolls or any physical merchant’s accessories can be paid by AGT tokens; this would immediately add value to the tokens.
6.   Agate Token Generator, as described in its section, allows everyone to create their own customised tokens. To do this, they should pay a one-off fee of 50 AGT. This can be done through Agate Token Generator GUI or Agate API Suite.

7.   Any transaction, either inside iFiat Ecosystem or when businesses or developers create their own tokens, should be paid by AGT coin (like gas in Ethereum) which is 0.01 AGT.

8.   Once we switch to Agate’s main net from our existing test net, all AGT coins would be minable, and as we use the Proof-of-Stake (PoS) method in our blockchain, and miners needs to buy a minimum of 50,000 AGT coins or create a public mining pool in order to start mining, this also would highly increase the demand for AGT coin.

9.   Once our smart contract implementation is finished, in order to execute it in Agate, blockchain users need to pay in AGT coin.

10.   B2B income, by having a comprehensive API suite, the whole suite can be used as white-label platform for those, first, who have their own customers and want to avoid banking fees (e.g., big supermarkets or petrol station chains) or companies who have their own customer acquisition methods and go to market strategy or enterprises who want to integrate Agate with their existing environment and application or even ERP. While they can generate their own iFiat tokens to make sure there is no other token issuer, all operations inside Agate blockchain would work only with AGT token, and also they should buy a API call package for each request as in the pricing table below plus 50 AGT tokens for initial account setup fee, which we will waive for the first 50 companies to get the ball rolling!


Thank you for detailed answer,seems like you covered everything Smiley
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June 10, 2018, 06:53:09 AM
 #160

What is the minimum to invest in the project?

for private sale $50,000 USD but for pre-sale and public sale only $60

Is the private sale bonus fixed,or it depends on the amount invested?
lets discuss Private regarding Private sale Wink please fill this google form and will contact you soon. >> https://goo.gl/jrdeSu


Do we have to go trough any special procedures for private sale,like AML?

There is a KYC process in place for order bigger than $7500 USD include private sale which is minimum $50,000 USD

Ok,so there is no AML at all ,right,no matter how much someone invest?
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