One key area Engenesis has worked with Agate to achieve is in tailoring the message to a wider audience. Cryptocurrency is complex in its nature. To bring a solution like this to mass market involves not only technical solutioning, but also the ability for everyday users to understand how it can make a difference to them in daily life.
In addition, the partnership with Engenesis has given Agate an unfair advantage in the market when it comes to the level of development capability. The Agate solution is very comprehensive, including a user mobile application, merchant application, physical POS terminals, a secure payment gateway API, ecommerce plugins and an API suite. Building a technology team that could deliver this level of product alone is a major challenge which has been dramatically reduced inside the Engenesis and Agate partnership.
Agate has now raised over $1,000,000 in funding and is attracting global support as it aims to launch later in the year.