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Topic: 💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰 - page 2. (Read 521889 times)

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I see that Agate is going to have their own blockchain. Is there a specific reason for that, why not use ETH blockchain and save money?

Problem with not having your own blockchain is that you depend on others,while you can make your own blockchain that fits your need perfectly.

And keep in mind that Agate blockchain will be POS and ethereum blockchain is still POW and it will stay like that for couple of years.But POS is future,especially for this kind of use

That is also big factor,POS is simply superior to POW and it is the future.POW is of course still good and can be good for some use, but for scalability,POS is better.

Thanks guys for extrapolating it for me.It makes sense now, didn't understand how big Agate network would actually be and that needs POS in order to work.

It does not really need POS to wor, but POS is better then POW. It is safer and more advanced, network can't be attacked by 51% attacks.
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Are you still working on your own blockchain,is that still the plan, will you be able to relase mainnet during first quarter of 2019?

Last information about it was that the team was ahead of roadmap with development, so unless something changed everything should happen within roadmap schedule as planned.

I see,thanks for an update,It would be nice to get some video out done by the team where they explain what is going on at the moment.

That would certainly calmed community that is waiting for public sale and their tokens

I don't think there is need to worry much. Team has proven that they are working on everything time and time again, partnerships and all.Sale will come sooner then we all expect.
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Will there be something similar to KYC in order to use Agate, or will it be possible to create anonymous account to use all that Agate is offering?
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Is there a bounty that is active for Agate maybe? Would like to join one if there is one.

Only VIP signature bounty is active at the moment,no ongoing airdrops or regular bounties .

What does that mean VIP bounty? Is that some kind of exclusive bounty? Is it still possible to participate?

Only high ranking members of the forum can join that kind of bounties, you as newbie are not eligible unfortunately.

So there is no way to get some AGT it seems.Been reading through topic and I can see that sale is delayed.When should sale be started again?

Unfortunately no way to get Agate tokens at the moment,except during public sale but we are all waiting for annoucement about that.
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Is there a bounty that is active for Agate maybe? Would like to join one if there is one.

Only VIP signature bounty is active at the moment,no ongoing airdrops or regular bounties .
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It says Agate is like Paypal for crypto currencies, does that mean that we will be able to send crytpo through Agate network to friends, pay for stuff directly from the app and all other things Paypal allows us to do?

I think that they also aim to be able to connect your debit card with Agate account,and that way spend crypto in an easy and efficient way.

That is why Agate is working on banking license too,to be able to offer all services .And they are registered as digital currency exchange rovider in Australia, here is the link  https://medium.com/agatechain/agate-is-now-officially-registered-as-a-digital-currency-exchange-provider-with-austrac-351b2bedb6bd

Who will be Agate's credit card provider, did the team said anything about that already?

It was not announced yet, but team is negotiating with credit card provider at the moment.

Is the name of the  card company known? I know that usually mastercard u used when it comes to crypto based debit cards

I would like to know the answer to this one too, which card will it be?
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When we get bounty tokens?Any chance that you distribute tokens before main sale and then lock them?That way noone would be able to sell them while having their earned tokens.

Tokens will be distributed after the sale, as always.
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It says Agate is like Paypal for crypto currencies, does that mean that we will be able to send crytpo through Agate network to friends, pay for stuff directly from the app and all other things Paypal allows us to do?

I think that they also aim to be able to connect your debit card with Agate account,and that way spend crypto in an easy and efficient way.

That is why Agate is working on banking license too,to be able to offer all services .And they are registered as digital currency exchange rovider in Australia, here is the link  https://medium.com/agatechain/agate-is-now-officially-registered-as-a-digital-currency-exchange-provider-with-austrac-351b2bedb6bd


What that license means exactly, can someone explain .Does that mean Agate will be able to be exchange too,like Coinbase?

Yes, that means they are legally allowed to do exactly that.
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Here is nice web wallet to keep and transfer AGATE token
Actually, this wallet can store any ERC20 token
https://youtu.be/Ha8n2r2U8Xk

Thanks, im on lookout for a new wallet,will check it out.

I think Agate is also preparing their wallet too,its a good thing to have many choices.

This will be ERC20 wallet,or wallet that will support AGT token and other currencies supported by Agate?
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Will someone from the team please explain what s happening? News about main net, sale, we really need some updates and communication to know what comes next and when.

Best is to ask in their telegram group,they might have the answers you want   https://t.me/agatechain_group

To be honest there is not much activity on either front, hopefully team will come back at us with some big news finally.

Whole crypto community is kinda silent lately, all teams are working on the product,nothing much to do during bear market.

It is tought period,you could even say that it is kind of purge going on and only best icos will survive.So no wonder that teams are very cautious with setting up sale date.
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Will someone from the team please explain what s happening? News about main net, sale, we really need some updates and communication to know what comes next and when.

Best is to ask in their telegram group,they might have the answers you want   https://t.me/agatechain_group

To be honest there is not much activity on either front, hopefully team will come back at us with some big news finally.
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i dont understand your product at all?Huh Huh

You can also ask us here or on Telegram what you would like to know or understand about Agate.
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Can you please elaborate how to buy crypto currencies with PayPal from your platform? You deal with Peer-to-Peer exchange or we have to buy any intermediate currency first, and then sell that currency for Bitcoin? Please clear my doubts. Thank you!

I don't think that they accept PayPal for buying Agate tokens, they accept only cryptocurrencies.

So far Agate accepts ETH,BTC,EOS,LTC and DASH ,and i think many more will come in the future.

Accepting credit cards also wouldnt be bad,atleast at the beginning to attract new users who still have problems with crypto.I remember i bought my first ICO tokens with credit card.

Well sinmce this is crypto based project,it should accept crypto only,especially since its not hard anymore to buy ETH/BTC like it was few years ago.

It is not hard and complicated for a lot of people like us here on forum, but for 90% people out there it is like science fiction.People don't know how to properly use their smart phones and you expect them to buy ETH and BTC and trade ...
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Any news about public sale,since we are now in Q1 2019?

Nothing yet,but Q1 just started,and market situation aint great.This might be times together with mainnet release.
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Does anyone know if POS terminals will be the only solutions to use Agate as payment processor or there will be a free mobile version that can be used instead of POS terminal?

Well there will be an app launched so probably that means you will have mobile version, unless that is not the same thing.

I think that will be the sdame thing,mobile version of POS device for all those that dont want/cant buy physical POS machine.

I doubt that POS devices will be so expesnoive that all retailers wont be able to afford them.But having more options is always a good thing,thats for sure.

Ye,POS device will  be around 300 USD ,that its not too much i think,most of the people should be able to afford it.

I dont think that price has been set yet, but what i know is that there will be option to rent POS device,so you will pay it monthly.

That is a good solution, it will help a lot of merchants that don't have some big businesses.
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Does anyone know if POS terminals will be the only solutions to use Agate as payment processor or there will be a free mobile version that can be used instead of POS terminal?

Well there will be an app launched so probably that means you will have mobile version, unless that is not the same thing.

I think that will be the sdame thing,mobile version of POS device for all those that dont want/cant buy physical POS machine.

I doubt that POS devices will be so expesnoive that all retailers wont be able to afford them.But having more options is always a good thing,thats for sure.

Ye,POS device will  be around 300 USD ,that its not too much i think,most of the people should be able to afford it.
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Does anyone know if POS terminals will be the only solutions to use Agate as payment processor or there will be a free mobile version that can be used instead of POS terminal?

Well there will be an app launched so probably that means you will have mobile version, unless that is not the same thing.

I think that will be the sdame thing,mobile version of POS device for all those that dont want/cant buy physical POS machine.

I doubt that POS devices will be so expesnoive that all retailers wont be able to afford them.But having more options is always a good thing,thats for sure.

Well it is not only about retailers, you will have small merchants too, that sell irregularly, so they can use free version.
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Does anyone know if POS terminals will be the only solutions to use Agate as payment processor or there will be a free mobile version that can be used instead of POS terminal?

Well there will be an app launched so probably that means you will have mobile version, unless that is not the same thing.

I think that will be the sdame thing,mobile version of POS device for all those that dont want/cant buy physical POS machine.
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Has anyone who has knowledge been checking Agate Github lately? If there is someone who can share some insight on what is being worked on right now?

Best is to ask that in their telegram group,admins are very active there, and helpful.

It would be better if someone who is not from the team checks that out, so he can act like a third party if you understand what I mean  Grin
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Why you decided to switch on POS? Isnt ethereum blockchain good enough for your purposes,especially now with these changes that are coming?

I think it is because Agate has its iFiat Ecosystem for handling and nullifying volatility when it comes to payments and need it's own blockchain for that.

Isn't Agate code open source? Or just the app? Couldn't that be translated to Etherium blockchain too?

How would we then have POS if Agate was on ETH blockchain?

Agate will move to their wn blockchain this quarter.POS is the future,even ethereum will eventually switch.

Etherium is already making moves, hard fork should happen on 16th.

Does that mean that there will be no more mining of ETH ? That will affect the price a lot right?

There will be mining but block rerward will be lower,it will be 2 eth ,down from 3 eth.

Do you think that will make ETH price fall or go up?

Hard forks are always risky,and it usually lowers the price.It will be interesting for sure.

When does the ETH hard fork happen? Do we get some extra ETH after the hard fork or not?
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