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

[STUNTMANMAJK]

Hey, everyone!
Somedoby has mentioned here that you are planning to obtain a bank license… well, is that really true?

That is true, it will be needed to support all the conversions and payments system plus POS Terminals.

This is scheduled for Q4 2019. We will see how this will be regulated.

[inv3stor]

Hey,  Can you share your token details (smart contract adress,decimal etc) so i can add it to my custom wallet balance. Looking forward to your answer so much

SC: 0xb55283fb3a40ecdc33e32caeb8e56ed8cdbb31be
Decimal :18
Ticker: AGT

[inv3stor]

Hey, everyone!
Somedoby has mentioned here that you are planning to obtain a bank license… well, is that really true?

That is true, it will be needed to support all the conversions and payments system plus POS Terminals.

POS terminals especially.

That's one of the main reasons I believe this project is a scam. The chance of bank license is almost zero. It is only a big item to absorb more people to get their money.

I would suggest to do some more due diligence about regulation and what actually happening in reality, Australia already issued several full and light banking license (include 3 new licence just yesterday check the link below) beside that in order to operate in financial system you don't necessarily need to obtain a bank licence , having or leasing a AFSL license is the fastest and most efficient way to legally operate in financial space.


https://www.afr.com/technology/apra-prepares-to-approve-three-new-banks-20180823-h14eur
AFSL Licence: https://asic.gov.au/for-finance-professionals/afs-licensees/

[inv3stor]

How close are you to reaching the cap now?

Already over 61% of softcap reached in a week, which considering current market trend specially ETH crash is very good. 

[btcmegastar]

Hey, everyone!
Somedoby has mentioned here that you are planning to obtain a bank license… well, is that really true?

If they manage to get a bank license, then the project will be in great shape and many people start showing interest towards the project. I never think it is true because Bank license is not an easy one to get in the current situation of the governments.

[lapongetiasuu]

i think this ico is good, they want soft cap 2,000,000 USD and right now the fund is already collected around 1,230,567 USD need more around 769,433 USD to softcap guys 

[Ingramhb]

AGATE coin project technology is excellent, community building is good, can be configured with a certain warehouse AGSTE, waiting for the next bull market.

[dautay_crypto]

AGATE coin project technology is excellent, community building is good, can be configured with a certain warehouse AGSTE, waiting for the next bull market.

I don't know more about AGATE project because I find it mins ago.
Would you mind sharing me the most essential things and most promising things you known about AGATE project and its technologies, please.

[inv3stor]

BTC AGATE Payment Plugin for WooCommerce Demo Video : https://youtu.be/HNd-iTAdALY

BTC Agate Payment Plugin for Magento eCommerce Platform Demo Video : https://youtu.be/RU7wLFZTj_4

BTC Agate Payment Plugin for PrestaShop Demo Video : https://www.youtube.com/watch?v=xre5kOcEefQ

BTC Agate Payment Plugin for Gravity Forms Demo Video : https://youtu.be/eBb34Mw7S14

[inv3stor]

Some questions:
1) Has Agate got any VC funding or is it 100% crowd funded?
2) Are there any partnerships with non-crypto companies, banks etc. as this is a finance based company?
3) Why go for another blockchain instead of say develop a sidechain on ETH itself. Developing a new blockchain significantly raises the entry barriers and slows down adoption?
4) What's the basis of saying, "Labelled as PAYPAL OF CRYPTOCURRENCY BY +100,000 strong community members". Is the product already launched and used by 100,000 members?

1) Has Agate got any VC funding or is it 100% crowd funded?
Yes two crypto fund backed Agate so far,(one is us base)

2) Are there any partnerships with non-crypto companies, banks etc. as this is a finance based company?
Yes , in particular there is a contract with a passive card issuer and another one with a financial institution to settle fiat fund in user's bank account

3- Why go for another blockchain instead of say develop a sidechain on ETH itself. Developing a new blockchain significantly raises the entry barriers and slows down adoption?
initially some of the module has been built on Etherium blockchain where transaction is not instant and it's so costly for micropayements, then built on Waves Platform where due to limited number of coin, transaction cost get expensive  as Waves coin increased in value ($16 in Dec 2017) and finally they decided to run their own chain with instant transaction and almost free transaction cost to allign with project goal and to mainstream crypto payments.

4) What's the basis of saying, "Labelled as PAYPAL OF CRYPTOCURRENCY BY +100,000 strong community members". Is the product already launched and used by 100,000 members?
we aim to get 100k user soon , but to answer your question we've most of crypto community after reading our white paper or check the product consider Agate as PayPal for crypto currency  there is also an article regarding  this
https://youmeandbtc.com/news/the-agate-blockchain-is-like-paypal-for-cryptocurrencies/


I hope I answered your question, but please let me know if you have any other question.

[jnelson_1981]

Hey, everyone!
Somedoby has mentioned here that you are planning to obtain a bank license… well, is that really true?

That is true, it will be needed to support all the conversions and payments system plus POS Terminals.

POS terminals especially.

That's one of the main reasons I believe this project is a scam. The chance of bank license is almost zero. It is only a big item to absorb more people to get their money.

I would suggest to do some more due diligence about regulation and what actually happening in reality, Australia already issued several full and light banking license (include 3 new licence just yesterday check the link below) beside that in order to operate in financial system you don't necessarily need to obtain a bank licence , having or leasing a AFSL license is the fastest and most efficient way to legally operate in financial space.


https://www.afr.com/technology/apra-prepares-to-approve-three-new-banks-20180823-h14eur
AFSL Licence: https://asic.gov.au/for-finance-professionals/afs-licensees/

I don't say Australia would not issue banking license. That's nothing to do with your project. Getting a banking license for Crypto transaction is almost impossible now. It looks like that you are trying to disguise the fact about your project to make it falsely appealing to investors.

[Ranunculus2]

http://www.contentplum.com/blog/wp-content/uploads/2014/09/20140616-product-update-blog-banner-458x257_int_v1.gif

http://img266.imagevenue.com/loc363/th_435009302_4product_122_363lo.jpg

BTC AGATE Payment Plugin for WooCommerce Demo Video : https://youtu.be/HNd-iTAdALY

BTC Agate Payment Plugin for Magento eCommerce Platform Demo Video : https://youtu.be/RU7wLFZTj_4

BTC Agate Payment Plugin for PrestaShop Demo Video : https://www.youtube.com/watch?v=xre5kOcEefQ

BTC Agate Payment Plugin for Gravity Forms Demo Video : https://youtu.be/eBb34Mw7S14

Whoa nice! Thank you for sharing all these videos. They definitely add to the whole image and people can more easily get acquainted with agate.

[AndreaTheGiant]

Hey, everyone!
Somedoby has mentioned here that you are planning to obtain a bank license… well, is that really true?

That is true, it will be needed to support all the conversions and payments system plus POS Terminals.

POS terminals especially.

That's one of the main reasons I believe this project is a scam. The chance of bank license is almost zero. It is only a big item to absorb more people to get their money.

I would suggest to do some more due diligence about regulation and what actually happening in reality, Australia already issued several full and light banking license (include 3 new licence just yesterday check the link below) beside that in order to operate in financial system you don't necessarily need to obtain a bank licence , having or leasing a AFSL license is the fastest and most efficient way to legally operate in financial space.


https://www.afr.com/technology/apra-prepares-to-approve-three-new-banks-20180823-h14eur
AFSL Licence: https://asic.gov.au/for-finance-professionals/afs-licensees/

I don't say Australia would not issue banking license. That's nothing to do with your project. Getting a banking license for Crypto transaction is almost impossible now. It looks like that you are trying to disguise the fact about your project to make it falsely appealing to investors.

Maybe the bankers are changing their mind about issuing licences as they see how much money crypto can bring in? They are not fools.

[jnelson_1981]

Some questions:
1) Has Agate got any VC funding or is it 100% crowd funded?
2) Are there any partnerships with non-crypto companies, banks etc. as this is a finance based company?
3) Why go for another blockchain instead of say develop a sidechain on ETH itself. Developing a new blockchain significantly raises the entry barriers and slows down adoption?
4) What's the basis of saying, "Labelled as PAYPAL OF CRYPTOCURRENCY BY +100,000 strong community members". Is the product already launched and used by 100,000 members?

1) Has Agate got any VC funding or is it 100% crowd funded?
Yes two crypto fund backed Agate so far,(one is us base)

2) Are there any partnerships with non-crypto companies, banks etc. as this is a finance based company?
Yes , in particular there is a contract with a passive card issuer and another one with a financial institution to settle fiat fund in user's bank account

3- Why go for another blockchain instead of say develop a sidechain on ETH itself. Developing a new blockchain significantly raises the entry barriers and slows down adoption?
initially some of the module has been built on Etherium blockchain where transaction is not instant and it's so costly for micropayements, then built on Waves Platform where due to limited number of coin, transaction cost get expensive  as Waves coin increased in value ($16 in Dec 2017) and finally they decided to run their own chain with instant transaction and almost free transaction cost to allign with project goal and to mainstream crypto payments.

4) What's the basis of saying, "Labelled as PAYPAL OF CRYPTOCURRENCY BY +100,000 strong community members". Is the product already launched and used by 100,000 members?



we aim to get 100k user soon , but to answer your question we've most of crypto community after reading our white paper or check the product consider Agate as PayPal for crypto currency  there is also an article regarding  this
https://youmeandbtc.com/news/the-agate-blockchain-is-like-paypal-for-cryptocurrencies/


I hope I answered your question, but please let me know if you have any other question.

There is no such a thing as 100k community members. It's only the telegram group with 100K members that are 90% face IDs. Please watch for these fake and cash grab projects. I've been burnt before

[primbool]

Hey, everyone!
Somedoby has mentioned here that you are planning to obtain a bank license… well, is that really true?

That is true, it will be needed to support all the conversions and payments system plus POS Terminals.

POS terminals especially.

That's one of the main reasons I believe this project is a scam. The chance of bank license is almost zero. It is only a big item to absorb more people to get their money.

I would suggest to do some more due diligence about regulation and what actually happening in reality, Australia already issued several full and light banking license (include 3 new licence just yesterday check the link below) beside that in order to operate in financial system you don't necessarily need to obtain a bank licence , having or leasing a AFSL license is the fastest and most efficient way to legally operate in financial space.


https://www.afr.com/technology/apra-prepares-to-approve-three-new-banks-20180823-h14eur
AFSL Licence: https://asic.gov.au/for-finance-professionals/afs-licensees/

I don't say Australia would not issue banking license. That's nothing to do with your project. Getting a banking license for Crypto transaction is almost impossible now. It looks like that you are trying to disguise the fact about your project to make it falsely appealing to investors.

Banking licence for crypto? I have not heard of such a thing. What would it even mean?

[Ajutokintumi]

Who do you consider to be your main competition?

[CillaryHlinton]

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

[MaggieMcGill]

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.

[CEOKEY]

Hey, everyone!
Somedoby has mentioned here that you are planning to obtain a bank license… well, is that really true?

That is true, it will be needed to support all the conversions and payments system plus POS Terminals.

POS terminals especially.

That's one of the main reasons I believe this project is a scam. The chance of bank license is almost zero. It is only a big item to absorb more people to get their money.

I would suggest to do some more due diligence about regulation and what actually happening in reality, Australia already issued several full and light banking license (include 3 new licence just yesterday check the link below) beside that in order to operate in financial system you don't necessarily need to obtain a bank licence , having or leasing a AFSL license is the fastest and most efficient way to legally operate in financial space.


https://www.afr.com/technology/apra-prepares-to-approve-three-new-banks-20180823-h14eur
AFSL Licence: https://asic.gov.au/for-finance-professionals/afs-licensees/

I don't say Australia would not issue banking license. That's nothing to do with your project. Getting a banking license for Crypto transaction is almost impossible now. It looks like that you are trying to disguise the fact about your project to make it falsely appealing to investors.

Banking licence for crypto? I have not heard of such a thing. What would it even mean?

I am also skeptical about the licensing of electronic money in this period. This will probably be in the future when the government can manage the electronic money!

[springwind]

How do you plan to prevent investors from dumping the token after listing on exchanges?Will there be some vesting period?

Best way to prevent that from happening is to have low bonus and good product.Agate has both of those things,so i think it will be fine

At low prices tokens are usually sold by the team members themselves. To prevent this, you need to freeze tokens of team members for at least  for a period of not less than 1 year. Is there such a freezing of tokens in this project?