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Im certain FABA team will keep majority of the tokens for themselves, thats the safest way for this idea to suceed as they are well experienced investors ,so they will work in best interest of the company.
Most probably the team will do this. The team will be the majority shareholder to implement what is in their mind. Also I believe that this is a good decision. Because they are more trusted than any other one by the community.
Will there be some other use for FABA tokens except for voting rights when they decide about where to invest?
Well I must say it is very interesting question, since they act like a share of the company.What will make people to trade them and sell them?
I know that public sale is delayed, but I read that private sale is still ongoing.So does that mean that we can somehow buy AGT even though public sale is closed?
Private sale is still going on? Can you share link with that info please?
If you open the website you can see it on the homepage directly...It say open for private investors.
It would be good to get that confirmation from Agate team.
I actually asked that today in their telegram group,and i got the confirmation from admin that private sale is still on.
Is there a minimum investment in order to buy AGT as a private investor? Or some other requirements?
I would like to know that too, I think that it was not so low, but can't remember exactly.
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BoardTokens (Altcoins)
Re: [ANN][ICO][HOT]🌿🔥FABA Token - break through in venture capital market🔥🌿
When exactly sale ends tomorrow, and do you plan any other marketing activity beside bounty campaign among crypto enthusiast?
Probably midnight is when the sale ends, when new date rolls in.
I thought that there will be break between rounds 1 and 2,that wont continue imemdiately.
Of course there is a break in between.
For how long will break last before ico phase 2 begins?
2nd round of FABA STO(not ICO) starts on March 1st,so few more weeks .
The more people learns about Faba the better."2nd round should be even better, minimum is really high to participate so any sale made will be a good sale.
It can be done that way too,but for best effect i prefer live,and then eventually you can make an article covering all important questions and answers.
Yeah live ones are much more interesting and team gives answers on the spot and live which gives it much more credibility.
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BoardTokens (Altcoins)
Re: [ANN][ICO][HOT]🌿🔥FABA Token - break through in venture capital market🔥🌿
I have heard about Faba from a friend and have been reading through this topic a bit.I'm interested, but would like to know what kind of returns can we expect if we don't have enough funds to vote for companies that will be offered?
Your returns comes to you according to the amount of tokens you hold. There is no special formula.
How often will you pay out dividend?
I presume it will be yearly, same as it is with stocks.I could be wrong though.
It makes sense,or maybe make it quarterly,i think investors would like that even more,to get funds more often
Can that even be done? I'm not sure that you can just set it up anyway that suits you, there are certain things that need to be fulfilled so investor can receive dividends.
All the answers you seek are on the website and whitepaper. Kindly do well to check.
Have you considered having live AMA session,so community can get to know the people behind the FABA and find out a bit more details?
Thats a good idea,redit ama is very popular and im sure hat many people would be interested.Or maybe YouTube Q&A session,that would be nice too.
Anything would be nice.Reddit,twitch,Youtube or even telegram Q&A as that one is easiest to organise and im sure it would help people get to know FABA better and the team behind it.
I don't think AMA is a priority at the moment, STO is still going and team is working on getting more partners in.
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BoardTokens (Altcoins)
Re: [ANN][ICO][HOT]🌿🔥FABA Token - break through in venture capital market🔥🌿
Dear Faba Community 👋the team is proud to announce a new strategic partnership with Moolya. One of the fastest growing app and software testing companies in the world, that is based in India. To learn more about this partnership, kindly check out our latest blog post on steemit: https://steemit.com/fabainvest/@fabainvest/faba-to-capture-the-indian-vc-market-via-moolya
Another strong partnership just on time before end of ICO 1!Keep them coming
Good partnership indeed.Moolyacoin is interesting company, seems it will work like a hub for new startups which could really be profitable.Most important thing for all of us investing in Faba.
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 API is open source, I guess that is what was meant to be said, not the app.Those two are completely different things.
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BoardAnnouncements (Altcoins)
Re: [ANN] Lynked.World : Solving Real Life Problems in the current Digital Era
by
M0destMaestro
on 06/01/2019, 18:44:56 UTC
Is Lynked.World digital wallet going to have atomic swap feature?
Can you tell the incentives that you plan to offer to merchants and regular users to use Agate? How many users do you expect to have using the platform in first 6 months after the launch?
This will be the key problem, to get all those retailers on board, and so far we see that they are doing good job regarding that.
It is a good thing that Agate is getting those big retailer chains with them,it will be much easier to attract smaller ones later on,when they see that big chains are using Agate solutions.
The most important question is what is the point for networks to switch to this method of payment? I do not see any normal business owner and who knows how to count the numbers who would agree to work under such conditions.
Lower fees i think, as usually card companies take 2-3% from every transaction,an with agate having much lower fees,it should pay off easily.
What will be the fee for transaction on agate platform?
Transaction fee will be 0.1 AGT. Thats considerably less than standards fees.
That is almost as having no fees if we are being honest here.
If there is such a low fee, how will the miners then earn from mining AGT?
I think there will be no mining when it comes to Agate. Agate will be POS.
Cool, so we can stake AGT.What will we need to be able to stake AGT? Only hold AGT and have a wallet or?
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BoardAnnouncements (Altcoins)
Re: [ANN] Lynked.World : Solving Real Life Problems in the current Digital Era
Is Lynked.World secure? How do we know that our documents will be safe on Lynked.World blockchain?
Documents won't be stored on blockchain as Lynked.World is on ETH blockchain. They will be stored in the application.
How do we know that app will be safe and that our documents won't be hacked in the app? Is there some mechanism to prevent that and who is guaranteeing the safety of our data?
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BoardAnnouncements (Altcoins)
Re: [ANN] Lynked.World : Solving Real Life Problems in the current Digital Era
Did this drop of ETH and BTC affected your funds raised?I mean your ico was on while prices were much higher.
Maybe they bought tether with the funds raised.Tether is way to go during this market.
I doubt that projects sell their funds or put on the exchange while sale is on,even though going into tether was a good thing to do few months ago.
lol you are creating the worst scenario if you are getting the funds in TETHER form. Tether is a centralized currency and the developer can freeze it anytime if they are suspecting it as suspicious amount. Tether is the worst way ever i seen.
Yeah i agree on that ,no way Agate went into tether,And this current price is just temporar,prices will go up sooner or later,and it shouldnt affect development a lot.
No matter what anyone says, if funds were stored in some stablecoin instead of ETH or BTC a lot if ICO's would have much less problems with this market.
Which stablecoin is like 100% sure thing, like truly backed by something in real world of value?
AGATE Partners with World #1 POS for Dry Cleaning and Clothing industry will allow over 2000 merchants to accept Cryptocurrencies globally
Today is another historic and fruitful day for Agate as we are one step closer in making crypto adoption in everyday life a reality and making crypto as a method of payment for everyone. We are very excited to announce that today Agate signed a strategic partnership with Geelus Point of Sale (POS). This agreement will enable over 2000 merchants to accept cryptocurrency globally without the price volatility risk of cryptocurrency. Geelus is the worlds number 1 POS SaaS system for dry cleaning, laundry, clothing alterations and tailors. Geelus is the complete cloud-based point-of-sales and store management software which can be used on any Internet connected device ranging from PCs and Macs to iPhones and smart TVs. It also includes CRM and Marketing functions like email and SMS marketing.
Good news, the more partnerships the better! Is team working on more partnerships too?
Waw! This is very impressive news and very much needed news at this very unfriendly market conditions, congratulations to Agate for making this partnership possible, certainly this is one of the many ways to bring crypto to many people as possible. Great job.
Does this partner have their services all over the world or? Would like to get a better picture about it, about their presence on the market and such.
I did some checking and it looks like they are very good, they offer a wide range of services and top notch support, plus they are available 24/7 and across all platforms.
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BoardAnnouncements (Altcoins)
Re: [ANN] Lynked.World : Solving Real Life Problems in the current Digital Era
Agate signed today a strategic partnership with Geelus Point of Sale (POS). This agreement will allow over 2000 merchants to accept cryptocurrency globally. This is a full news about this collaboration:
Seems Agate buildoing a strong community with big partnerships
Yes,thats exactly kind f news we were hoping for while waiting for public sale announcement.
partnership is good and positive in this market. but it turns out that there will again be a fiat money gateway? at the time of purchase, everything will be converted? many will not like it. especially all tax authorities and resulators.
It is good to have more partnerships, team is doing a great job, if there are issues later team will deal with that when time comes.