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Showing 6 of 6 results by jnelson_1981
Re: 💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰
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?
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?
News channel would be hard to fake.....
Well at least we are down to 18K from 100K which is what I said - almost 90% fake- so please do not bluff about the your community crowd. What about your youtube videos. They have been watched only been watched 1.6K
Common guys this project has got all the apects of scam project. You want to invest on it fine. It's not my money.
Re: 💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰
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?
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
Re: 💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰
Hey, everyone!
Somedoby has mentioned here that you are planning to obtain a bank license well, is that really true?
Somedoby has mentioned here that you are planning to obtain a bank license well, is that really true?
That is true, it will be needed to support all the conversions and payments system plus POS Terminals.
POS terminals especially.
That's one of the main reasons I believe this project is a scam. The chance of bank license is almost zero. It is only a big item to absorb more people to get their money.
I would suggest to do some more due diligence about regulation and what actually happening in reality, Australia already issued several full and light banking license (include 3 new licence just yesterday check the link below) beside that in order to operate in financial system you don't necessarily need to obtain a bank licence , having or leasing a AFSL license is the fastest and most efficient way to legally operate in financial space.
https://www.afr.com/technology/apra-prepares-to-approve-three-new-banks-20180823-h14eur
AFSL Licence: https://asic.gov.au/for-finance-professionals/afs-licensees/
I don't say Australia would not issue banking license. That's nothing to do with your project. Getting a banking license for Crypto transaction is almost impossible now. It looks like that you are trying to disguise the fact about your project to make it falsely appealing to investors.
Re: 💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰
Hey, everyone!
Somedoby has mentioned here that you are planning to obtain a bank license well, is that really true?
Somedoby has mentioned here that you are planning to obtain a bank license well, is that really true?
That is true, it will be needed to support all the conversions and payments system plus POS Terminals.
POS terminals especially.
That's one of the main reasons I believe this project is a scam. The chance of bank license is almost zero. It is only a big item to absorb more people to get their money.
Re: 💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰
This project seems to be a cash grab.
The fact that the company is registered in Singapore and all the team members are in Australia means no one can really chase them up in case anything goes wrong.
Their telegram group is 100K and full of fake accounts.
How can you have 100k members but only 1300 people watched your video and only 10+ download of your app?
There is no indication or proof of the initial 1mil private investors.
The fact that the company is registered in Singapore and all the team members are in Australia means no one can really chase them up in case anything goes wrong.
Their telegram group is 100K and full of fake accounts.
How can you have 100k members but only 1300 people watched your video and only 10+ download of your app?
There is no indication or proof of the initial 1mil private investors.
You can check who are those private investors, pretty sure team already gave the names here before.
I do not believe that those names have been published since they are private investors, but maybe I'm wrong ...
They haven't published their initial investors' detail.
Re: 💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰
This project seems to be a cash grab.
The fact that the company is registered in Singapore and all the team members are in Australia means no one can really chase them up in case anything goes wrong.
Their telegram group is 100K and full of fake accounts.
How can you have 100k members but only 1300 people watched your video and only 10+ download of your app?
There is no indication or proof of the initial 1mil private investors.
The fact that the company is registered in Singapore and all the team members are in Australia means no one can really chase them up in case anything goes wrong.
Their telegram group is 100K and full of fake accounts.
How can you have 100k members but only 1300 people watched your video and only 10+ download of your app?
There is no indication or proof of the initial 1mil private investors.