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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?

Since it will be proof of stake system,it will be abit more complicated than that.

Yeah, it won't be a wallet kind of staking, it will be staking through pools.

How will that work? I have never tried staking that way before, usually you have a wallet and you put it in the staking mode and that is it.How much AGT do we need to stake? Is 1 AGT for example going to be enough to theoretically stake?

When Agate main net is released then you will have more public pools and you will be able to join them and then stake your AGT in one of the pools you choose. If that option is not for you, you can also run your own masternode instead.

What are the requirements to run your own masternode? I presume it won't be cheap to run one on your own.

You will need to have 50k AGT tokens to run the masternode, so if you pick up the calculator you will see that it will actually be cheaper the most of the masternodes so far.

It turns out that we need 3.8k USD to run masternode, that is not that cheap to me lol

Do we have any estimations on ROI or that is still completely unknown?

It would be great to be able to estimate ROI, it would be much easier to make decision about masternode investment.Unfortunately that is impossible to predict and project this early into the sale. After main ner gets out and Agate is listed on exchange then we will know much more.

JeffTheMan

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