Agate ICO: Company Review and AGT Token News Updates

Agate ICO (AGT Token): Blockchain Instant Payment Crypto Solution?

Currently, there are various applications and blockchains, which aim to facilitate crypto payments. However, there is still no comprehensive protocol or platform that solves the key issues of the crypto economy. AgateChain is a complete package based on the blockchain. It has two mobile apps, an API suite, plug-ins, add-ons, fiat pegged system, and a physical POS terminal.

The POS terminal can work with multiple coins. The ecosystem is designed as a complete crypto infrastructure that can be used as a payment gateway to connect users, developers, and merchants. Various modules and objects are all powered by the AGT token. The token is designed with over ten revenue streams. It is worth noting that most of the Agate modules are already working or they have a beta version to be released after the ICO.

Crypto Economy Problems Agate Seeks To Solve

One of the major problems in the crypto economy is the lack of a comprehensive solution that can support all aspects of this ecosystem. Besides that, there are a few white label solutions, which let developers build DApps.

The volatility of the crypto markets is also worrying. Other issues that exist are the slow speed and high transaction fees. The proof of work is also a major issue since it is so expensive. Some issues are unique to users. They include the scarcity of merchants that accept crypto.

The Agate Blockchain Instant Payment Crypto Solution

The Agate solution consists of 12 modules. It has an API suite to improve the crypto economy. It also has the iFiate ecosystem to deal with market volatility. By ensuring the entire ecosystem is on the blockchain, it will ensure transactions are faster and cheaper.

To reduce the cost of securing the network, Agate will use the Proof of Stake mining. This model of mining also has a minimal impact on the environment. Another point worth noting is that Agate can integrate with almost any e-commerce site in the world. This will ensure users and merchants can make and receive payments instantaneously.

Agate AGT Token ICO Details

Parameters Of The ICO

• Token Ticker: AGT
• Total AGT Token Supply: 490,000,000 AGT
• Total AGT Tokens Up For Sale: 318,500,000 AGT
• Offered Token Price: 1AGT= 0.076USD
• Minimum Contribution Accepted: $60 USD/ 0.1 ETH
• Maximum Contribution: $60,000 USD /100 ETH (except accredited investors)
• Soft Cap: 2,000,000 USD
• Hard Cap: 24,206,000 USD
• Token Protocol: ERC20
• Unsold Token: Burn by smart contract
• Emission Rate: NO new coins will be minted, created or mined after crowd-sale
• Accepted: BTC, ETH, BCH, LTC, DASH

Token Sale Stages

• Pre-Sale Stage 1: August 21, 2018 – August 31, 2018 (25% Discount)
• Pre-Sale Stage 2: September 1, 2018 – September 11, 2018 (20% Discount)
• Pre-Sale Stage 3: September 12, 2018 – September 22, 2018 (15% Discount)
• Pre-Sale Stage 4: September 23, 2018 – October 3, 2018 (10% Discount)
• Pre-Sale Stage 5: October 4, 2018 – October 14, 2018 (5% Discount)
• Public Sale: October 15- November 15, 2018

All tokens held by team members will be in lockup for one year on a smart contract, with quarterly vesting. Unsold tokens will be burnt via a smart contract. There will be no new coins minted or created after the crowdsale is over.