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Author Topic: 💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰  (Read 521751 times)
Kutuzov44
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June 10, 2018, 07:13:55 AM
 #161

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.

Yeah its a smart thing to do your due diligence and check everything before investing.
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CryptoRobert
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June 10, 2018, 07:25:17 AM
 #162

If I'm understanding well, Agate is essentially a platform which will provide a sort of gateway of liquidity between major assets and dollars. I see there are so many other functions planned, but still didn't get the whole picture.

EDIT: I've just read an answer you gave on thread a few posts earlier which is actually giving a wider picture.
Pental
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June 10, 2018, 08:03:39 AM
 #163

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://[Suspicious link removed]/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?

If you want to to invest equal or more than $7500 USD (~$10,000 AUD) worth of any coin.
Know your customer (alternatively know your client or ‘KYC’) is the process of a business identifying and verifying the identity of its clients. The term is also used to refer to the bank and anti-money laundering AML regulations which governs these activities. Know your customer processes are also employed by companies of all sizes for the purpose of ensuring their proposed agents, consultants, or distributors are anti-bribery compliant. Banks, insurers and export creditors are increasingly demanding that customers provide detailed anti-corruption due diligence information.
reveda
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June 10, 2018, 08:05:02 AM
 #164

I really like your idea, but I think you have to do lot of work, getting permissions from regulatory authority would not be easy
Pental
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June 10, 2018, 08:39:01 AM
 #165

I really like your idea, but I think you have to do lot of work, getting permissions from regulatory authority would not be easy

Thank you for your support  Smiley
Our legal team and lawyers are already on it.
PuryLock
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June 10, 2018, 04:20:22 PM
 #166

I really like your idea, but I think you have to do lot of work, getting permissions from regulatory authority would not be easy

Thank you for your support  Smiley
Our legal team and lawyers are already on it.

Yeah im sure you will cover everything,and consult legal department.You gotta be careful.
NoMoreTears
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June 10, 2018, 04:24:39 PM
 #167

Agate will be connected to our credit/debit cards?Like PayPal?
chungaLunga
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June 10, 2018, 08:46:06 PM
 #168

I really like your idea, but I think you have to do lot of work, getting permissions from regulatory authority would not be easy

Thank you for your support  Smiley
Our legal team and lawyers are already on it.

Good thing you have a legal team. It surely isn't cheap, bit it's what you need in this circumstances.
babyBaba
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June 10, 2018, 08:49:32 PM
 #169

Agate will be connected to our credit/debit cards?Like PayPal?

This kind of cross platform support would be great!
djimiHendrix
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June 10, 2018, 08:50:47 PM
 #170

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:

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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!


Sounds complicated but its good info.
masterCookie
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June 10, 2018, 08:52:27 PM
 #171

What currencies would be supported on the platform?
unchained5498
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June 10, 2018, 08:53:34 PM
 #172

Do you have any plans for staking,or masternodes?

Agate blockchain will always remain decentralised. We welcome anyone who likes to host and run a full node, after we switch to main net.

A very friendly and open approach.
lilaj4de
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June 10, 2018, 09:19:01 PM
 #173

And what fees will be paid by the merchant to use AGATA as a payment processor for your web commerce? Will there be purchase protection in relation to the buyer, that is, buy and receive, because if  do not receive,the protection for the refund?
Pental
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June 10, 2018, 11:18:28 PM
 #174

I am check in website on your plan, It is actually good!

Thank you so much Smiley

If you have any query, please feel free to contact us.
Pental
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June 10, 2018, 11:21:17 PM
 #175

I really like your idea, but I think you have to do lot of work, getting permissions from regulatory authority would not be easy

Thank you for your support  Smiley
Our legal team and lawyers are already on it.

Yeah im sure you will cover everything,and consult legal department.You gotta be careful.


We are appreciate your consideration.
Pental
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June 10, 2018, 11:33:40 PM
 #176

What currencies would be supported on the platform?

Agate’s user app, user can deposit five crypto assents including BTC, ETH, LTC, BCH and Ripple. Up to 17 cryptocurrencies are in the development phase and are expected to be released in Q42018. Users are able to immediately and with the best global exchange rate convert any of their crypto assents to and IFiats (Ie. iUSD, iEUR etc).
SoonAmoon
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June 11, 2018, 06:47:31 AM
 #177

Sounds amazing. You that there are similar project that don't quite solve the problems you are trying to solve. Can you name a few?
Art Vandelay
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June 11, 2018, 07:01:18 AM
 #178

How much you expect to raise during the sale?
Tyrant76
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June 11, 2018, 07:15:55 AM
 #179

What currencies would be supported on the platform?

Agate’s user app, user can deposit five crypto assents including BTC, ETH, LTC, BCH and Ripple. Up to 17 cryptocurrencies are in the development phase and are expected to be released in Q42018. Users are able to immediately and with the best global exchange rate convert any of their crypto assents to and IFiats (Ie. iUSD, iEUR etc).

Do you have application out yet?
Lognak
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June 11, 2018, 09:34:46 AM
 #180

An interesting new project, I see. I like the main concept behind it but I will have to read up on the whitepaper to see more details.
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