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Author Topic: 💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰  (Read 521758 times)
El Topo
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August 07, 2018, 08:15:50 AM
 #1461

An interesting article that explains why Agate went with proof of stake system

https://medium.com/agatechain/proof-of-work-versus-proof-of-stake-why-agate-chose-to-implement-the-latter-bdbe7c80c93c

"POS benefits

Saves energy
With the POS, the attacker would need to have a stake of 51% of the cryptocurrency to carry out a 51% attack. The POS avoids this tragedy as it makes it disadvantageous for a miner with a 51% stake to attack the network. No one would like to strike a system where they hold a majority stake. In case of a fall in the value, their stake would also fall. Therefore, the stakeholder will always try to maintain the high-security levels
In a POS, the validators are those who own the coins. Hence, you have the loyalty aspect, working for you."


its is definitely easier to use this type of protocol, and you don't have to mine and there are some loyalty benefits.

Yes,POW is future,even huge POW projects like Ethereum will switch po POS eventually,and that tells you something.
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SoonAmoon
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August 07, 2018, 09:22:37 AM
 #1462

Will the team be doing any more videos? Those two on the YT channel are a month old and are not really representative.
Karam Prasad
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August 07, 2018, 10:20:49 AM
 #1463

Will the team be doing any more videos? Those two on the YT channel are a month old and are not really representative.

Maybe that could be sorted with bounty hunters, I'm sure they would be interested in making videos in exchange for agate tokens
frazeer
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August 07, 2018, 10:28:01 AM
 #1464

An interesting article that explains why Agate went with proof of stake system

https://medium.com/agatechain/proof-of-work-versus-proof-of-stake-why-agate-chose-to-implement-the-latter-bdbe7c80c93c

"POS benefits

Saves energy
With the POS, the attacker would need to have a stake of 51% of the cryptocurrency to carry out a 51% attack. The POS avoids this tragedy as it makes it disadvantageous for a miner with a 51% stake to attack the network. No one would like to strike a system where they hold a majority stake. In case of a fall in the value, their stake would also fall. Therefore, the stakeholder will always try to maintain the high-security levels
In a POS, the validators are those who own the coins. Hence, you have the loyalty aspect, working for you."


its is definitely easier to use this type of protocol, and you don't have to mine and there are some loyalty benefits.

With loyalty benefits you mean like bonuses for staking or something else?
banff
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August 07, 2018, 10:28:43 AM
 #1465

How to join the sale,whats the procedure,do you have some explanation video or article?
The procedure for participation in any ICO is always almost the same, and it's very easy. You can watch any video in YouTube, there are a lot of them. And if this is your first participation in the ICO - then be careful, do not invest a lot of money.

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Licimur
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August 07, 2018, 02:40:51 PM
 #1466

An interesting article that explains why Agate went with proof of stake system

https://medium.com/agatechain/proof-of-work-versus-proof-of-stake-why-agate-chose-to-implement-the-latter-bdbe7c80c93c

"POS benefits

Saves energy
With the POS, the attacker would need to have a stake of 51% of the cryptocurrency to carry out a 51% attack. The POS avoids this tragedy as it makes it disadvantageous for a miner with a 51% stake to attack the network. No one would like to strike a system where they hold a majority stake. In case of a fall in the value, their stake would also fall. Therefore, the stakeholder will always try to maintain the high-security levels
In a POS, the validators are those who own the coins. Hence, you have the loyalty aspect, working for you."


its is definitely easier to use this type of protocol, and you don't have to mine and there are some loyalty benefits.

With loyalty benefits you mean like bonuses for staking or something else?

I think Agate will have staking system. Someone correct me if I'm wrong.
MrSlave
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August 07, 2018, 02:49:24 PM
 #1467

How to join the sale,whats the procedure,do you have some explanation video or article?
The procedure for participation in any ICO is always almost the same, and it's very easy. You can watch any video in YouTube, there are a lot of them. And if this is your first participation in the ICO - then be careful, do not invest a lot of money.

Are you talking about general ICO participation videos or about Agate videos? Because Agate has only 2 and none of them are an explanation of the participation process. They should make a couple of short videos for that purpose. The community would be gratefull.
CrnaSupa
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August 07, 2018, 03:20:54 PM
 #1468

Will the team be doing any more videos? Those two on the YT channel are a month old and are not really representative.

Maybe that could be sorted with bounty hunters, I'm sure they would be interested in making videos in exchange for agate tokens

Can they make quality videos, that's the question..
faith111
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August 07, 2018, 03:28:43 PM
 #1469

I wish you'll make use of cryptocurrencies is as easy as sending or receiving dollars via PayPal
Ajutokintumi
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August 07, 2018, 04:13:03 PM
 #1470

I wish you'll make use of cryptocurrencies is as easy as sending or receiving dollars via PayPal

We all hope for that.The one that manages to do that will be bigger than Gooogle!
EDVED
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August 07, 2018, 06:20:00 PM
 #1471

Will the team be doing any more videos? Those two on the YT channel are a month old and are not really representative.

Maybe that could be sorted with bounty hunters, I'm sure they would be interested in making videos in exchange for agate tokens

Can they make quality videos, that's the question..

I don't see why not, there is certainly a significant number of people who can make quality promo video, the only question is at what price Grin
GREATKINGRAT
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August 07, 2018, 06:52:58 PM
 #1472

How to join the sale,whats the procedure,do you have some explanation video or article?

I haven't been able to find any of what you are asking about but check their website, they do have some info https://www.agatechain.org/. I wish they did a couple of videos.

Investors must fulfill this form

https://docs.google.com/forms/d/e/1FAIpQLSdb8zv_Odq6c8WPzHI4MS_JD6uP1pw65u7XJYG0Y3jfWuPbvQ/viewform

I believe that someone from team then contacts them.

Some video guide would greatly facilitate things.
Beltalowda
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August 07, 2018, 07:29:27 PM
 #1473

What's the price of 1 agate token?

without any discount is $0.076 USD

PRE-SALES STAGE 1 | 21 AUG 2018 - 31 AUG 2018 | 25% DISCOUNT
PRE-SALES STAGE 2| 1 SEP 2018 - 11 SEP 2018 | 20% DISCOUNT|
PRE-SALES STAGE 3 | 12 SEP 2018 - 22 SEP 2018 | 15% DISCOUNT
PRE-SALES STAGE 4 | 23 SEP 2018 - 3 OCT 2018 | 10% DISCOUNT
PRE-SALES STAGE 5 | 4 OCT 2018 - 14 OCT 2018 | 5% DISCOUNT
**************
PUBLIC SALES | 15 OCT 2018 - 15 NOV 2018 | NO DISCOUNT

Not bad discounts. First come first serve. I hope that will bring in some additional people that were on the sidelines.

 we got overwhelming response from crypto community and reached 100,000 telegram member in Agate telegram group and thousands of people registered in our website
https://t.me/agatechain_group


Can Telegram group go over 100k members? Awesome news btw. Cheesy

No it cant,thats max supergroup can go.Projects usually open another group if they reach that cap.

Is team going to open another group?
DOBARLOSZAO
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August 07, 2018, 07:58:03 PM
 #1474

What's the price of 1 agate token?

without any discount is $0.076 USD

PRE-SALES STAGE 1 | 21 AUG 2018 - 31 AUG 2018 | 25% DISCOUNT
PRE-SALES STAGE 2| 1 SEP 2018 - 11 SEP 2018 | 20% DISCOUNT|
PRE-SALES STAGE 3 | 12 SEP 2018 - 22 SEP 2018 | 15% DISCOUNT
PRE-SALES STAGE 4 | 23 SEP 2018 - 3 OCT 2018 | 10% DISCOUNT
PRE-SALES STAGE 5 | 4 OCT 2018 - 14 OCT 2018 | 5% DISCOUNT
**************
PUBLIC SALES | 15 OCT 2018 - 15 NOV 2018 | NO DISCOUNT

Not bad discounts. First come first serve. I hope that will bring in some additional people that were on the sidelines.

 we got overwhelming response from crypto community and reached 100,000 telegram member in Agate telegram group and thousands of people registered in our website
https://t.me/agatechain_group


Can Telegram group go over 100k members? Awesome news btw. Cheesy

No it cant,thats max supergroup can go.Projects usually open another group if they reach that cap.

Is team going to open another group?

I do not see why not if it would be necessary.
Blackladder
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August 07, 2018, 08:47:33 PM
 #1475

When can we expect distribution of AGT tokens?

That will happen after ICO ends, that is how it is done.
Oranium80
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August 07, 2018, 09:48:40 PM
 #1476

How come that you still haven't started working on your smart contract?

big ambitions but i doubt this is going to happen with that iFiat which is basically as USDT. now buying merchandise is possible as its not a big deal and other do that already, the Pay Your Bills is not going to happen 100% and Debit cards will not be issued here as many others failed (litepay for example), this is a nice project when reading the idea but if you take a look there are projects that are doing similar things and already work. NONE has Fiat pairing or connected to Fiat in any way.

white papers are nice but who said its all real and what makes you think those guys will succeed where other big names failed (denied) by the major credit card providers.

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BigcountryRoy
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August 08, 2018, 12:56:58 AM
 #1477

How come that you still haven't started working on your smart contract?

big ambitions but i doubt this is going to happen with that iFiat which is basically as USDT. now buying merchandise is possible as its not a big deal and other do that already, the Pay Your Bills is not going to happen 100% and Debit cards will not be issued here as many others failed (litepay for example), this is a nice project when reading the idea but if you take a look there are projects that are doing similar things and already work. NONE has Fiat pairing or connected to Fiat in any way.

white papers are nice but who said its all real and what makes you think those guys will succeed where other big names failed (denied) by the major credit card providers.

They probably did started working on it, but if you look at roadmap you will see when we can expect it.
HakiMikkinen
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August 08, 2018, 01:29:38 AM
 #1478

Are there some ways to get some Moss Agate tokens if we can't invest at the moment.Like some airdrop or help project with something to earn some tokens?
Bacara
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August 08, 2018, 04:30:06 AM
 #1479

How come that you still haven't started working on your smart contract?

big ambitions but i doubt this is going to happen with that iFiat which is basically as USDT. now buying merchandise is possible as its not a big deal and other do that already, the Pay Your Bills is not going to happen 100% and Debit cards will not be issued here as many others failed (litepay for example), this is a nice project when reading the idea but if you take a look there are projects that are doing similar things and already work. NONE has Fiat pairing or connected to Fiat in any way.

white papers are nice but who said its all real and what makes you think those guys will succeed where other big names failed (denied) by the major credit card providers.

They probably did started working on it, but if you look at roadmap you will see when we can expect it.

Smart contract was announced for Q2 2019
Kvazimir
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August 08, 2018, 05:17:36 AM
 #1480

Agate is very interesting project and I hope it can surpass paypal in future Cheesy

I'm confident they will, PayPal's time is over Cheesy
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