HiLander
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Activity: 140
Merit: 2
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June 26, 2018, 12:48:26 AM |
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Are there even any other similar projects like AGATE?
Not even close, AGATE is by far the most ambitious one and from what we can see great team and really pushing, so many working products out already.
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inv3stor
Copper Member
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Activity: 196
Merit: 0
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June 26, 2018, 12:52:34 AM |
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I see that you already got $1 M trought private investor,Was that from some strategic partner,or just some big supporter?
I think such information are not available to the public... you mean it would affect the sale or? Yes, such information may also affect sales, but I don't think they are published to protect the identity of the investor. True. This part of information definitely should be restricted, but progress of sale should be public so that the investors can be better informed. Disclosure could otherwise push away other investors I agree, sales results should be available for everyone, but other information that is closely linked to the investor shouldn't be transparent. It depends on the investors. If you have a huge name backing you and if you get tjeir consent it could only better the project to have it public. Currently we are working with our legal team to find a way to announcing our strategic investors without compromising their privacy or to make any legal complication for both of us, by now the result is we may publicly announce their name under different title than investor (may be partner or ...) and it's up to them if they wanna user Agate name in their website or public media or not.
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Inmytree
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Activity: 224
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June 26, 2018, 12:53:20 AM |
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What you plan to do with unsold tokens?
All unsold tokens will be burned if I am correct.
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inv3stor
Copper Member
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Activity: 196
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June 26, 2018, 12:54:18 AM |
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What you plan to do with unsold tokens?
All unsold tokens will be burned if I am correct. Yes that's true, this will increase the value of Agate coin for contributors.
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inv3stor
Copper Member
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June 26, 2018, 12:56:58 AM |
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Are there even any other similar projects like AGATE?
Not even close, AGATE is by far the most ambitious one and from what we can see great team and really pushing, so many working products out already. Thanks alot for nice and supportive comment, you are right as we targeting a major issues for niche market and to make crypto utilisation simple for everyday use, and that's why we call it CryptoEconomy 2.0
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Sengjen
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Activity: 175
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June 26, 2018, 01:05:04 AM |
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I see that you already got $1 M trought private investor,Was that from some strategic partner,or just some big supporter?
I think such information are not available to the public... you mean it would affect the sale or? Yes, such information may also affect sales, but I don't think they are published to protect the identity of the investor. True. This part of information definitely should be restricted, but progress of sale should be public so that the investors can be better informed. Disclosure could otherwise push away other investors I agree, sales results should be available for everyone, but other information that is closely linked to the investor shouldn't be transparent. It all depends on the nature of investment and how that investment will be handled.
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Blueoyster
Jr. Member
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Activity: 248
Merit: 1
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June 26, 2018, 01:06:35 AM |
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Will tokens from the orivate sale and tokens reserved for the team be locked?
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inv3stor
Copper Member
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Activity: 196
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June 26, 2018, 01:08:30 AM |
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Will tokens from the orivate sale and tokens reserved for the team be locked?
Yes, locked on smart contract for 1 year and vesting quarterly.
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inv3stor
Copper Member
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Activity: 196
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June 26, 2018, 01:15:22 AM |
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I see that you already got $1 M trought private investor,Was that from some strategic partner,or just some big supporter?
I think such information are not available to the public... you mean it would affect the sale or? Yes, such information may also affect sales, but I don't think they are published to protect the identity of the investor. True. This part of information definitely should be restricted, but progress of sale should be public so that the investors can be better informed. Disclosure could otherwise push away other investors I agree, sales results should be available for everyone, but other information that is closely linked to the investor shouldn't be transparent. It all depends on the nature of investment and how that investment will be handled. Just to add a note, although I already replied regarding investors identity but obviously sales result is 100% transparent to all investors, not to mention since we are using TokenGet ICO platform, all token sales and transactions not only are available on smart-contract but also it feeding from TokenGet APIs which is accessible on website and in ICO platform with more details for participants. Currently we are working with our legal team to find a way to announcing our strategic investors without compromising their privacy or to make any legal complication for both of us, by now the result is we may publicly announce their name under different title than investor (may be partner or ...) and it's up to them if they wanna user Agate name in their website or public media or not.
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Hilderman
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Activity: 129
Merit: 0
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June 26, 2018, 06:29:20 AM |
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What you plan to do with unsold tokens?
All unsold tokens will be burned if I am correct. Yes that's true, this will increase the value of Agate coin for contributors. Yes,thats best way to ensure AGATE coins keep their value.
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Kutuzov44
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Activity: 131
Merit: 0
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June 26, 2018, 06:41:13 AM |
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Will tokens from the orivate sale and tokens reserved for the team be locked?
Yes, locked on smart contract for 1 year and vesting quarterly. So that means team tokens will be gradually released?
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inv3stor
Copper Member
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Activity: 196
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June 26, 2018, 06:57:58 AM |
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Will tokens from the orivate sale and tokens reserved for the team be locked?
Yes, locked on smart contract for 1 year and vesting quarterly. So that means team tokens will be gradually released? 25% every 3 months.
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HuaGwei
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Activity: 219
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June 26, 2018, 07:25:21 AM |
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How much you plan to raise, what's soft cap and hard cap?
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inv3stor
Copper Member
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Activity: 196
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June 26, 2018, 09:11:20 AM |
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How much you plan to raise, what's soft cap and hard cap?
Soft Cap: 2,000,000 USD Hard Cap: 24,206,000 USD
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descuri
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Activity: 266
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June 26, 2018, 09:56:33 AM |
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Are there even any other similar projects like AGATE?
I think someone mentione here that there are similar projects but their point of view is a bit different.
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positiveoutlook
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Activity: 175
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June 26, 2018, 02:13:46 PM |
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Are there even any other similar projects like AGATE?
I think someone mentione here that there are similar projects but their point of view is a bit different. They might be on the same path but in my experience they all differ from one another as they all bring something of their own to the table. It's just a matter of preference in the end.
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bibliobusz
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Activity: 224
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June 26, 2018, 03:00:55 PM |
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Will tokens from the orivate sale and tokens reserved for the team be locked?
Yes, locked on smart contract for 1 year and vesting quarterly. So that means team tokens will be gradually released? 25% every 3 months. Thats a good plan to not overcrowd the market.
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GREATKINGRAT
Newbie
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Activity: 230
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June 26, 2018, 03:51:36 PM |
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I see that you already got $1 M trought private investor,Was that from some strategic partner,or just some big supporter?
I think such information are not available to the public... you mean it would affect the sale or? Yes, such information may also affect sales, but I don't think they are published to protect the identity of the investor. True. This part of information definitely should be restricted, but progress of sale should be public so that the investors can be better informed. Disclosure could otherwise push away other investors I agree, sales results should be available for everyone, but other information that is closely linked to the investor shouldn't be transparent. It depends on the investors. If you have a huge name backing you and if you get tjeir consent it could only better the project to have it public. Yeh it all depends on who's got your back! Well it is understandable that the team respects the investor's decision considering this issue.
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MaggieMcGill
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Activity: 108
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June 26, 2018, 04:30:46 PM |
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Are there even any other similar projects like AGATE?
I think someone mentione here that there are similar projects but their point of view is a bit different. Yeah there are alot of competition there,but best project will win.Competition is always a good thing.
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ArceriBau
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Activity: 143
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June 26, 2018, 04:41:45 PM |
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What you plan to do with unsold tokens?
I think someone mention burning of token in thread. Burning tokens that are not sold is the usual practice. I would say that's the most fair to everyone
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