Topic: 💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰 - page 119. (Read 521884 times)

Agate iFiat has the following advantages over other fiat-pegged cryptocurrencies.

iFiats exist on Agate blockchain rather than on less developed and tested blockchains, also, not within closed-source software running on centralised, private databases, or on very costly and slow blockchains like bitcoin, which is not viable or practical to use it as a medium to transfer funds or for micropayments.

Although, iFiats can be used just like other cryptocurrencies, i.e., in a p2p, pseudo anonymous, decentralised, cryptographically secure environment, but they are only circulated inside Agate blockchain to facilitate the payments and real-time settlement and secure the value of funds for both users and merchant as iFiat redemption will not face any pricing or liquidity constraints.

iFiats run on one of the fastest decentralised blockchain platforms, which include a decentralised exchange (DEX), Browser base, wallet encryption, open source, multiparty security and reporting functions and all transaction can be tracked on our blockchain explorer.

iFiat’s one-to-one backing implementation is easier for traditional merchants to understand and accept for their goods or services.

Although iFiats are fully redeemable via the options below, the best use case scenario is to spend it with other merchants or suppliers, because it’s real-time and has a very small transaction fee for users.

Instant loading onto virtual or physical debit cards

Request to transfer to bank account

Pay any type of bill, include loan repayment, utilities etc.

Generate crypto gift voucher, which is redeemable with all Agate merchants (in store or online)

Does that include WooCommerce too?

What is iFIAT ecosystem?

And with centralisation we loose the basic concepts of crypto, so there's that...

You are right, like iFIAT ecosystem and POS terminals will surely have to be centralized to function properly.

Some things will need to be centralized I think , due to complex Agate systems.

Including BCH and DASH too Great that projects include so much options to invest.

When are Plugins/Apps for E-commerce platforms going to be developed?

To be honest that wouldn't make sense to centralise everything in the end. So I hope it will stay decentralised

You can use BTC, ETH, LTC and few more I think, lots of options.

Are you going to have to turn toward centralizing at one point or will Agate remain decentralized no matter how big it gets?

Better yet is there some type of demo video for it? That would be very useful.

You can support by joining the sale,or maybe joining bounty campaign

According to your roadmap there was a beta app released in March 2018? Is there a way to see it, maybe give it a try?

This is really a huge and great project! How could I support to this project?

The price is really correct, I hope people will use it.

Agate provides cryptoeconomic solutions, Agate using the API Suite will let all users express their innovation and improve cryptoeconomics, Market volatility has been taken care of in the Agate iFiate ecosystem and By running the entire ecosystem on Agate blockchain transactions is much cheaper and faster.

I think this is a good project, a clear direction, worth pursuing, hope the development team can go far in the future.
have project airdrop or bounty ?

Although still in sale stage, is Agate planned to list on any exchanges soon?

ICO Analysis: Agate
Published on August 17, 2018
By Joshua Larson
Proof: https://hacked.com/ico-analysis-agate/

Team
Based in Sydney, Australia, the site list 16 team members including tthree founders.
    Hamed Taghvaei-   A serial founder of tech companies, including Drone Online, Myservo, King ICO and Business and Demand Group PTY LTD.
    Hamid Ostad –  Impressive resume. Since 2016, he’s been the Solutions Architect at BPay Group, a successful Australian bill payment company. He has seven years of experience as tech lead at Creative Digital Technology and five years Dev Manager at Gpayments PTY.
    Ali Dorri – PhD candidate at UNSW studying blockchain. He seems to be a blockchain tech expert. No work history listed; his description says he’s worked with several successful blockchain projects already.
A few of the team members stand out.
Ehsan Jahandarpour – CMO. An influencer, he was ranked top 20 growth hacker in 2016 Forbes.
Ariya Chittasy – The website says he’s helped produce four startups over the last eight years, and twi of them are successful. Currently at  Engenesis Ventures, where he “is working with visionaries and innovators to create tech-based companies that serve the world ”
Odette Abrenica – UI/UX Designer. She also has the same role at Engenesis.
Jaemie Dela Pena – Product Design Lead for Agate and Engenesis.
Asi Asgher – Project lead, also works at Engenesis.
There are six advisors – they look decent. J Brenton Smith was the VP & GM Asia Pacific & Japan business of Dell Software Group.

Verdict
There’s plenty to love about the project including a few unique, possibly groundbreaking ideas. However, there is also plenty of risk. Debit cards for one. Countless blockchain projects have come out with their ICOs talking about how they will have a debit card which can be spent with different cryptos all around the world, yet all of them have flopped so far.

Risks
    Their Telegram channel is for announcements only. It’s going to be hard to grow a community around the token if they can’t talk to each other easily. Also seems kind of shady to not allow possible contributors the ability to ask questions in real time. -1
    The founders of Agate also recently founded an ICO launching business called King ICO. And most of the team is from a company called Engenesis which is a blockchain project incubator. This means there’s a possibility this team is not serious about making Agate, and are more into making millions of dollars doing ICOs. -1
    Laws/Regulations. It’s going to be really hard to get the proper banking licenses required to fully run the Agate platform world wide. -2

Growth Potential
    According to the roadmap. Q1 of 2019 is when they will be hoping to get their proper banking licenses. +1
    The community seems to like this project, although some of the enthusiasm can be chalked up to their bounty/airdrop program. A large majority of ICO review websites give this project a 90+, or A ranking. And the Bitcointalk page is filled with enthusiastic supporters.+2
    If this succeeds, the sky will be the limit. +1
    Teams tokens will be locked up for 1 year. +1
    50,000 AGT must be staked in the future to run a POS node. +2
    GitHub is active and there are several beta demos of diff aspects of the platform. +1.5
    Several backers. +2

Disposition
High risk/ high reward. If they build everything they talk about in the whitepaper, and then get the proper banking licenses, this could moon. +6.5/10