It is a well-known fact that 2018 wasn’t the best year for crypto currencies. It wasn’t just the market conditions that were pushing the cryptocurrencies down but also the tight regulations from various regulatory bodies also played a big part to keep the market down.
The good news is that despite these unfavourable conditions, we managed to keep AGATE afloat in this market. To do that and to survive in this market we had to mature our approach and evolve AGATE offerings to cater for broader audience. We would like to highlight that while we are waiting to obtain our financial licence, we still plan to launch our project for Australian consumers first and then move to other regions and countries.
We have made number of advancements in AGATE journey since our last announcement. During this period we have made agreements with major payment solution companies and are in discussion with many others companies at present to name a few include Alipay, Wechat pay and OSKO. We are also in an advanced stage of signing an exclusive agreement with one of the biggest Payment Services Providers (PSP) operating in over 37 countries. We will make a big announcement on this exclusive relation as soon as the agreement is executed between two companies. We are following the progress of this agreement very closely as this will become a very important relationship for us. It is going to give us an edge and will give us a significant lead from other similar players in this market. It will make us an Australian first merchant service provider who will accept both cryptocurrency and fiat payment.
Also, in order to mainstream cryptocurrency, we decided to focus mainly on our merchants POS terminal. Hence we have developed a free POS application which will install on AGATE POS terminal and will allow all merchants to list their products and services as per their business requirements and accept different methods of payments (including cryptocurrency) while giving them a freedom to have their own loyalty program and many more exciting features.
Their has been lot of inquiries about our public sales and when ICO will be finished. Keeping in mind the cryptocurrent market in 2018, we have had to push the ICO date before to safeguard investors’ interest. Although, we plan to continuously monitor the market closely, but we plan to do the public sales on 28th June 2019.
Please keep a keen eye on our other announcements that we plan to do in near future. Our focus is to be a player in this market for a very long time and we assure you that we will do whatever it takes to provide immense benefit to our investors and consumers.
To find out more on Agate, please visit https://www.agatechain.org/
General and Investors contact:
Name: Nathan Sabherwal