Saturday, July 20, 2019

08/21/2018: AGATE

A lot of cryptocurrency projects have great claims of what they will achieve when their platform is ready, and every traditional blockchain aims to solve a problem at a time. But what happens is that they face the problem with a pragmatic view, touching it from the stance of total adoption, rather than using them as a tool to do more. That is why cryptocurrency projects like bitcoin, ethereum, and even ripple are unable to solve specific problems like merchant adoption.

That is where our coin offering enters today: AGATE presents itself as a comprehensive option to serve the merchant that wants to accept cryptocurrency that goes from traditional fintech apps until a traditional point of sale terminal that will let you accept cryptocurrencies of five distinct kinds.

AGATE is unique because it has studies the fears and the doubts of a pretty important part of the merchants that have opted to not use crypto due to the high devaluation that it can suffer from one day to another. They have intertwined its solution to that problem with their called iFiat Ecosystem, an innovative way of making available almost instantly the funds transferred in other cryptocurrencies to the merchant in FIAT. They also say that their transactions are almost instant so the merchant does not have to bother with the big elephant in the room: volatility.

Also, they have plugins prepared for every commerce platform out there, because most of the purchases with bitcoin and other cryptocurrencies are made via internet, so this is a needed resource to be successful for them.

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Talking about the ICO, their presale has already started and has a minimum investment of 0.1 Ethereum, or roughly $60. The payment gateway platform will handle the six most popular cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Dash. The model of business is financing crypto exchanges inside their network with their token, called AGT. A fee will be collected in AGT for the purchase of physical equipment like the POS terminal and supplies for it. While it is not so original (PundiX has already filled the niche of cryptocurrency POS) it looks solid enough to be taken into account. To learn more about them, you can read their whitepaper, or visit their website.

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