AGATE
Last Update
2 авг. 2018 г.
Около AGATE
AgateChain is a complete set of a decentralised blockchain, with two mobile apps, an fiat pegged ecosystem, API Suite, plug-ins, add-ons and a physical POS terminal and operating with multi coin mechanism and works as a comprehensive crypto infrastructure for everyday banking and a gateway to connect millions of developers, users, and in-store and online merchants to the cryptoeconomy.
Cryptoeconomy Solutions- Agate considers all aspect of a true cryptoeconomy in its 12 functional modules.
- Agate API Suite will let all users express their innovation and improve the cryptoeconomy.
- Market volatility has been taken care of in Agate iFiate ecosystem
- By running the whole ecosystem on the Agate blockchain transactions are far cheaper and faster
- Agate blockchain work with Proof of Stake (PoS) mining, which has lowest impact on environment.
- Agate can integrate with almost all the existing in-store merchants or e-commerce websites globally.
- By enabling optimal transfer of user’s Bitcoin, Ethereum, etc. to iFiat through an automated AI bot, users get the best spending value for their crypto assets.
- By introducing a new blockchain with near-instant settlement speeds, the practical application of the Agate currency is immense.
- Users will be able to keep and manage up to 17 different coins and tokens from different blockchains in Agate’s multi-currency wallet application (currently six coins are available)
- Agate currently accepts five most important cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Ripple and Litecoin, and we plan to increase the total number of coins to over 17, making the choice to transact via the Agate platform an easy one. Merchants would receive the exact dollar value every time.
- By allowing transactions back to cash, merchants are assured that they can transfer to fiat money quickly for everyday use in their business.
- In the Agate iFiat Ecosystem, all funds are immediately available and spendable for merchant.
Особенности
With different blockchains designed for different purposes, we realised that we needed a specific blockchain to meet our criteria and be independent of other current, multipurpose slow, expensive blockchains. We have summarized below some of the Agate blockchain capabilities: high speed, very low transaction fees, scalability , smart contract, decentralised, mining, secure, token generator engine, block explorer.
One of the most interesting elements of Agate is the Agate iFiat Ecosystem. It uses decentralised blockchain technology (Agate blockchain) to resolve many of the fundamental issues in the cryptoeconomy, which will facilitate transactions very economically and in real-time.
In Agate’s user app, users can deposit five crypto assets including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Ripple. Up to 17 cryptocurrencies are in the development phase and are expected to be released in Q4 2018.
Traditional POS terminals are expensive in rental and fees, and we believe the Agate merchant application and Agate POS terminal are the ultimate solution for all of these problems. Currently the Agate POS terminal is available in two types, for mobile users and for physical stores, and both come with unique features.
Agate Gateway API, which is an open-source API and available in GitHub, will let anyone create his or her own payment gateway within the Agate iFiat Ecosystem and run on Agate blockchain.
The comprehensive and defined API Suite has been designed to not only work as another income generation stream for Agate coin and token holders but also to let anyone use Agate as a white-label solution to acquire more customers.
AGATE Roadmap
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February 2017
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Idea realization and market research.
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March 2017
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$480,000 first round investment by BID Group.
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April 2017
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Architecture design and Whitepaper
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November 2017
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Starting MVP development.
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December 2017
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Mobile App alpha version. $1,000,000 private investor.
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January 2018
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Agate Blockchain Test-net live.
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March 2018
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App Beta version released.
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May 2018
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White listing & Private invest EOI.
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August 2018 - November 2018
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ICO (Pre-Sale & Public Sale).
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Q1 2019
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Agate Blockchain Main-Net.
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Q2 2019
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Agate blockchain Smart Contract. DEvelop Plugins/app for WooCommerce.
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Q3 2019
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Multi Currency & Multi language.
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Q4 2019
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Agate Banking Licence.
Мероприятия
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AGATE is a decentralized blockchain platform with two mobile applications, an ecosystem API Suite, add-ons and a physical POS terminal which works as a comprehensive crypto infrastructure for everyday banking and a gateway to connect millions of developers and users and in-store and online merchants to the crypto economy.
PROS:
- The platform through its element Agate iFiat ecosystem facilitates faster transactions making the platform use very economical
- The platform has a well developed mobile application supported by Android and IOS which is readily available in the Google stores enabling the users to easily deposit a number of cryptocurrency at their convenience
- The platform through the use of Agate blockchain ensures that the users don’t incur higher costs in making transactions with no involvement of intermediaries
- The platform use is highly eco-friendly as it adopts the Point of Sale (POS) mining which has the lowest impact on the environment as compared to Point of Work (POW)
- The platform supports a variety of the most important cryptocurrencies with the number intended to increase up to seventeen enabling the users to make the easiest choice to transact via the platform
- The platform whitepaper is fully elaborate and available in different languages ensuring that the users deeply understand the applications of the project
- The platform has a good team on board with adequate skills and experience in tech and business relevant to the for the easy implementation of the project
CONS:
- The amount raised by the AGT tokens during the initial stages is not secured which can lead to losses
- The platform smart contracts for storing users data are not yet developed
- The platform AGT tokens doesn’t support the use of fiat
SUGGESTIONS:
- The platform tokens should be made compatible with fiat as compared to the commonly used cryptocurrencies
- The platform team should speed up the development of the smart contracts to enable the users to easily store their personal information without any illegal access
NOTE:
The platform use promotes instant payment without volatility risk to the mainstream crypto adoption through the use of Agate blockchain making the project viable and I would highly invest in it.
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