Interesting project,do you plan to release debit card too?
Yes, as you can see on the main page we already made an agreement with a well known card issuer , however as per road map , it supporting USD as the main currency and can be spend any millions of store world wide, one important difference in comparison of similar project is it's instant (please read WP)
So far,biggest issue(atleast for me) with all these debit cards were fees.There are so many of them that it aint cheap to use them at all,in the end you card you loose something like 10%
How you plan to sort that out?
I agree with you on that one also, the biggest issue is always that fees are too high when it comes to paying with crypto via credit cards.If fees can be lowered that would be a major change.Though I heard that paying with Agate would instant, can someone explain that please.How will that work?
Yes you are right that was the one of the hardest part which we resolved in
Agate ICO, when you transferring any of your crypto (currently 5 , Bitcoin, Bitcoin Cash, Ripple, Lite Coin, Ethereum ) to iBucket using either Agate Ai Engine which use the most advanced Artificial Intelligent and Machine learning algorithm or using Agate Trading Bot, or manually to iBucket and
Agate blockchain will allocate iUSD token to you, which you can use it anywhere in iFiat Ecosystem instant and almost free ( currently $0.00076 ) and if you want to transfer it to your Debit Card or Withraw it on your bank account in over 52 country you only need to pay %1 of transferred amount in Agate coin, this means if you buy and keep more Agate while the value of Agate keep increasing due to 10 different utilisation you always save alot of fee cost.
How transferring to card it's instant?
By having a strong agreement with card issuer which as a result gave us a chance to have a trust account with them, as soon as user initiating the transfer, Agate using Card issuer API and instantly (30 sec) transfer fund to card.like when you going to super market to get a gift card and they immediately transfer your desire amount to card.
why we can do and other similar app which only designed for Crypto-to-Card can't?
Don't forget Agate is not running on some other blockchain (Ethereum, Bitcoin) which need alot of time and cost to transfer the fund, Agate transaction running on Agate blockchain protocol which has a block time of only 1SEC tx.
hope these answered your questions.