💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰

[TheRedKing]

Interesting project - in which phase is it now? pre-ICO or ICO?

I think its ICO....

We are still in Private sale stage, here is all dates

PRIVATE SALE 25 May 2018 to 20 AUG 2018
*************
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

Great bonus structure i must say,i like to see ICOs offering lower bonuses lately.

Bonus is good enough to attract early investors and give them some kind of advantage over those that will invest later one,but not too big,in order to cause possible dumps,or discourage those who want to invest at later stages.

It's a fair bonus distribution, not to big and not to small. Bonuses are a tricky thing to calculate. I have seen projects go down just because of that.

[EDVED]

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.

I'm not familiar with this Apple's policy, does that mean that most developers will give up developing iOS apps and focus on Android?

[ArceriBau]

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 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?

Can someone explain what AML stands for? 

[STUNTMANMAJK]

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).

An impressive list, the user has more options which is good 

[Kvazimir]

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!

Sounds complicated but its good info.

So it should be, that how we know they are serious 

[Beltalowda]

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 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.

Oh, that is to much for me, what will be minimum in normal sale?

Do  you believe  $60 (~ 0.1 ETH) is too much for minimum sale?

So that will be minimum in ICO or presale?

[Avdogado]

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.

I'm not familiar with this Apple's policy, does that mean that most developers will give up developing iOS apps and focus on Android?

No it just means that app has to be able to pass some filters in Apple's policy so it can be allowed to be published in App store.

[Sengjen]

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 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?

Can someone explain what AML stands for? 

Anti money laundering check is AML.

[Blackladder]

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 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?

Can someone explain what AML stands for? 

Anti money laundering check is AML.

Anti-money laundering (AML) is a term mainly used in the financial and legal industries to describe the legal controls that require financial institutions and other regulated entities to prevent, detect, and report money laundering activities. Anti-money laundering guidelines came into prominence globally as a result of the formation of the Financial Action Task Force (FATF) and the promulgation of an international framework of anti-money laundering standards.

[HiLander]

Interesting project - in which phase is it now? pre-ICO or ICO?

I think its ICO....

We are still in Private sale stage, here is all dates

PRIVATE SALE 25 May 2018 to 20 AUG 2018
*************
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

Great bonus structure i must say,i like to see ICOs offering lower bonuses lately.

Bonus is good enough to attract early investors and give them some kind of advantage over those that will invest later one,but not too big,in order to cause possible dumps,or discourage those who want to invest at later stages.

It's a fair bonus distribution, not to big and not to small. Bonuses are a tricky thing to calculate. I have seen projects go down just because of that.

Best to keep it tight with bonuses and not give too much, precisely because of things you guys mentioned, it ruin projects from the get go.AGATE has a great bonus structure , finely tuned from my point of view.

[Blueoyster]

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!

Sounds complicated but its good info.

So it should be, that how we know they are serious 

Complicated does not means it's good per se Int his case though if you take your time you can see it's not that complicated and that it's really well structured.

[Vargistkrieg]

Well paypal is f****** me over with their restrictions on crypto so I am all on this project.

[fulcare]

Do you build a centralized crypto PayPal or will it be decentralized and smart contract driven? That is what's going to happen anyway. If this is a fully centralized service I don't see it's longterm viability. Could you talk about your plans in that regard?

[james7854]

Interesting project - in which phase is it now? pre-ICO or ICO?

I think its ICO....

We are still in Private sale stage, here is all dates

PRIVATE SALE 25 May 2018 to 20 AUG 2018
*************
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

Aha so the public sale starts in October. so you still have a lot of time to raise funds.

Pre-sales stages are also PUBLIC and everyone can contribute with minimum of $60.

Thanks for the information. so it is not a private sale - just a pre-phase to the general ICO sale.

That's right , the only PRIVATE sale period is "PRIVATE SALE 25 May 2018 to 20 AUG 2018" which has a minimum of $50k USD

Hmmm that's a lot of money, maybe too much for a lot of people.

[DOBARLOSZAO]

Well paypal is f****** me over with their restrictions on crypto so I am all on this project.

I agree, paypal has just tampered with things lately so I'm glad things are moving in this direction

[sexymadafaka]

Well paypal is f****** me over with their restrictions on crypto so I am all on this project.

I agree, paypal has just tampered with things lately so I'm glad things are moving in this direction

It is a matter of evolution of things according to crypto and this means payment platforms as well.

[killer9966]

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.

I'm not familiar with this Apple's policy, does that mean that most developers will give up developing iOS apps and focus on Android?

Why to even go with IOS then if there are such complications?

[djuro74556]

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.

I'm not familiar with this Apple's policy, does that mean that most developers will give up developing iOS apps and focus on Android?

Why to even go with IOS then if there are such complications?

Yeah I also don't get that forcing the apple market.

[buraz]

Most problems with crypto actually come from lack of regulations.

[SalmaBR]

I am keeping tabs on things.. all the good luck for the way your projects develop..