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Topic: 💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰 - page 109. (Read 521884 times)

newbie
Activity: 53
Merit: 0
Is  beta only be available for  big investors?

Well i guess it depends whether it will be the open one or not.But its not a bad idea,to give big investors  early access.
newbie
Activity: 66
Merit: 0
Since you are mentioning Paypal,will people be able to dispute transactions,like on PayPal?
newbie
Activity: 210
Merit: 0
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 Wink
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?

Yes, team tokens will be locked more then a year.You can check it in WP.

Freezing team tokens for a period longer than one year is correct decision from team.
Considering only 10% of total tokens are belong to team and also there is alot of team members, while there is a 12 months locking period I don't think there is a pump/dump risk .

I really appreciate the move,to allocate only 10% for the team.Thats hows how much you believe in the project,and other team should do the same!
newbie
Activity: 266
Merit: 0
Where exactly is your company headquarters and how many people work there at the moment?

Now you can work remotely from everywhere, so I don't think that headquarters is important

Maybe just as a reference point to check from where the team leaders originate as is most often the case?
newbie
Activity: 112
Merit: 0
Is  beta only be available for  big investors?
member
Activity: 280
Merit: 11
Where exactly is your company headquarters and how many people work there at the moment?

Now you can work remotely from everywhere, so I don't think that headquarters is important
newbie
Activity: 124
Merit: 0
How can I join agate sale, is there some guide?
newbie
Activity: 182
Merit: 0
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 Wink
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?

Yes, team tokens will be locked more then a year.You can check it in WP.

Freezing team tokens for a period longer than one year is correct decision from team.
Considering only 10% of total tokens are belong to team and also there is alot of team members, while there is a 12 months locking period I don't think there is a pump/dump risk .

Risk is always possible, but given the stated chances are minimal.

You can never know what the chances are when the market is so volatile.

But because of the low percentage the risk is also minimal so we should not really concern ourselves with it
member
Activity: 392
Merit: 12
Where exactly is your company headquarters and how many people work there at the moment?
newbie
Activity: 168
Merit: 0
Hey. I do not want to read a lot of information. Please tell me where can I find a video about the project?

You should try Youtube  Smiley There are already plenty videos about Agate there  Cool

Yes, and there are some good quality ones. There is a lot of info there.
jr. member
Activity: 266
Merit: 5
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 Wink
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?

Yes, team tokens will be locked more then a year.You can check it in WP.

Freezing team tokens for a period longer than one year is correct decision from team.
Considering only 10% of total tokens are belong to team and also there is alot of team members, while there is a 12 months locking period I don't think there is a pump/dump risk .

Risk is always possible, but given the stated chances are minimal.

You can never know what the chances are when the market is so volatile.
newbie
Activity: 266
Merit: 0
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 Wink
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?

Yes, team tokens will be locked more then a year.You can check it in WP.

Freezing team tokens for a period longer than one year is correct decision from team.
Considering only 10% of total tokens are belong to team and also there is alot of team members, while there is a 12 months locking period I don't think there is a pump/dump risk .

Risk is always possible, but given the stated chances are minimal.
copper member
Activity: 196
Merit: 0
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 Wink
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?

Yes, team tokens will be locked more then a year.You can check it in WP.

Freezing team tokens for a period longer than one year is correct decision from team.
Considering only 10% of total tokens are belong to team and also there is alot of team members, while there is a 12 months locking period I don't think there is a pump/dump risk .
newbie
Activity: 176
Merit: 0
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

Of course there is not 100k members and that some are fake, it is like that in crypto, but that just shows that a lot of people was interested and is in the project.News channel has 18k members, are those fake too?  Wink

News channel would be hard to fake.....
newbie
Activity: 230
Merit: 0
Who do you consider to be your main competition?


Probably other projects that work with pos terminals, maybe pundi.But competition does not have a solution for volatility and Agate does Cheesy Cheesy

Having a competition is a great driving force for a project and can actually make for a better product in the end.

Absolutely, and in the end we will have a much better platform Grin
newbie
Activity: 266
Merit: 0
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 Wink
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?

Yes, team tokens will be locked more then a year.You can check it in WP.

But what happens if they decide to dump the tokens after this one year period?
newbie
Activity: 266
Merit: 0
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.  Cheesy

This is a great result, this will go even better when the market recovers a bit.
newbie
Activity: 266
Merit: 0
Who do you consider to be your main competition?


Probably other projects that work with pos terminals, maybe pundi.But competition does not have a solution for volatility and Agate does Cheesy Cheesy

Having a competition is a great driving force for a project and can actually make for a better product in the end.
newbie
Activity: 142
Merit: 0
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 Wink
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?

Yes, team tokens will be locked more then a year.You can check it in WP.
newbie
Activity: 70
Merit: 0
Hey. I do not want to read a lot of information. Please tell me where can I find a video about the project?

You should try Youtube  Smiley There are already plenty videos about Agate there  Cool
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