FAQ

WHAT IS SGAT?

In short, SGAT is :

  • A public blockchain based on Cryptonote protocol
  • An inovative & evolutive eco-system offering tailor-made smart contracts applications
  • Brining enhanced reliability, privacy, security, usability and portability
  • Community-based, with a single member access to SGAT environment
  • Along with a physical gateway to a virtual world and a place of exchange for a crypto-tech community

OK, BUT WHAT IS SGAT IN DETAILS?

SGAT is one of the first decentralized smart-contracts and blockchain-based platform offering tailor-made transactions while focusing on enhanced privacy and maintaining the transparency and security of our blockchain.

Our ambition is to offer innovative smart-contracts solutions adapted to the challenges of today’s industries. Blockchain technology is now applicable in many areas, we're talking about use cases with many sectors of activity already concerned: energy, health, cadastral management, digital voting, carpooling, food processing, jewellery, luxury goods, insurance, banking...

Understanding this technology, but also identifying the needs and challenges of each industry is our ambition. SGAT ecosystem offers powerful, evolutive and user-friendly smart-contracts tools, adapted and modelled to the specific needs of all sectors.

WHO IS SGAT?

SGAT is created by S.A.S SGAT (registered with the RCS of Paris under the number 83918189800017), a blockchain development company and our partners, the agencies EIKO STUDIO and TRENTE-DOUZE. Our offices and teams are located located in Paris, within the same building.

WHAT IS THE PURPOSE OF THE SGAT TOKEN ?

SGAT is the token at the heart of our ecosystem, allowing to access and use every services and applications developed by us. For example, transfer of fiduciary securities, exchange of cryptocurrencies, member subscription and access and use of the smart-contracts tools.

IS THE SGAT TOKEN ERC20 COMPLIANT?

No, SGAT token is not ERC20 compliant and cannot be stored on any Ethereum wallet which supports this protocol such as MyEtherWallet or Metamask.

WHY SGAT IS NOT AN ERC20 TOKEN ?

ERC20 tokens are linked to Ethereum blockchain. SGAT made the choice to focus on privacy and believes that this criteria is vital for a real adoption of smart-contracts tools by companies and businesses, and that’s why our blockchain is based on CryptoNote protocol (like Monero).

Furthermore, we are developing our own smart-contract technology and have chosen to separate our blockchain infrastructure from our smart-contract one, in order to make it a modular and scalable tool, eventually leading to an ever more complete and tailor-made infrastructure.

Therefore, the SGAT that will delivered will be a full-fledged cryptocurrency like Monero, Dash, AEON, Bytecoin, etc… offering further strengths :

  • collaborative blockchain (possibility of mining)
  • independency from Ethereum network
  • creation of a brand new smart-contracts technology

HOW CAN I PARTICIPATE IN THE SALE?

In order to participate in SGAT token sales you will need to subscribe to SGAT platform and upload your ID documents for KYC verification.

WHAT IS THE MINIMUM INVESTMENT?

Minimum investment for SGAT is :

  • 500 € for the private pre-sale
  • 200 € for the public pre-sale
  • 100 € for the public sale
  • 50,000 € for investor pools and corporates

WHAT PAYMENT IS ACCEPTED DURING THE SALE?

Accepted for payments are: BTC (bitcoin), ETH (ether), € (euros)

WHY € IS ACCEPTED ?

We accept participations with euros via bank transfer to allow anyone to participate to our ICO. We also believe that it is necessary to opt for an integration of the new economic model proposed by the blockchain into the current model rather than a total independence.

WHAT WILL THE TOKEN PRICE BE?

The token price will be set to 1€ at the end of the token sale. A bonus system allows you to get up to 30% (price down to 0,70€) more tokens during the crowdsale.

WILL THERE BE A KYC PROCESS?

The SGAT token sale will be compliant with the security regulations of several key jurisdictions and will follow the KYC regulation process.

HOW MANY COINS ARE THERE IN TOTAL?

12,000,000 tokens will be in circulation if the token sale maximum hard cap is reached. Maximum supply is however set at 30,120,000 through mining. Unsold tokens won’t be mined and even less burned, but will be leaved for further mining by the community.

CAN I MINE SGAT TOKEN?

Yes, but from official release of SGAT web application (Q4 2018). SGAT is based on CryptoNote protocol. A maximum of 12,000,000 SGAT will be mined for the sales and reserves, which represents 40% of the maximum supply of 30,120,000 SGAT.

Source code will be unveiled at the official launch of the web application in order for our blockchain to become a collaborative one. Further details will be posted on our GitHub !

WHAT WILL HAPPEN TO THE COINS THAT ARE NOT SOLD?

Unsold tokens will not be mined and will increase the amount remaining to mine at the official release of source code.

WHICH EXCHANGES WILL LIST YOUR TOKEN?

After the token sale, the team will work with the following exchanges in order to have the token listed, so that every trader that hasn’t bought tokens through the initial token sale will still be able to buy some and hence use the platform in live trading : Binance, Kucoin, Bittrex, Gate, among others...

WHAT WALLET WILL I NEED TO HOLD MY TOKENS?

SGAT will be delivered on your wallet available on SGAT platform. A hardware wallet (like Electrum) will also be available. We will NEVER keep your private key, everything is decentralised.

CAN THE TEAM DUMP THEIR TOKENS WHEN THE COIN GETS LISTED

No, the tokens allocated to founders, team & shareholders are vested for 12 months after the sale ends, with a 3 months cliff period.

ARE THERE ANY BONUSES OR DISCOUNTS AVAILABLE FOR THIS TOKEN SALE?

First Tranche of 500k €
30 % bonus 0.70 €
Second Tranche of 1m €
15% bonus 0.85€
Last Tranche of 5m €
0% bonus 1€

WHAT'S A 30% BONUS EXACTLY?

If you invest 500 € before the first 500k € are reached (first tranche), you will get 500 SGAT (regular price) plus 150 SGAT as a bonus (30%). That will make the actual cost of a token go down to 0.70 € for your 650 SGAT

IS THERE A BOUNTY PROGRAM?

Yes, you can participate to our bounty program on the dedicated medium topic

WHAT WILL FUNDS BE USED FOR?

I PARTICIPATED IN THE TOKEN SALE. HOW DO I RECEIVE MY SGAT?

Your SGAT tokens will be sent to your sgat-technologies.com dashboard. You will be able to move them after the official release of the web application (expected early Q4 2018) on the hardware wallet we developed. You can also leave them safely on your SGAT dashboard.

DO YOU HAVE A PROTOTYPE / MVP (MINIMUM VIABLE PRODUCT)?

Coming soon, we will announce the demos:

  • Blockchain explorer
  • Web-application environment.

We will update our Github regularly following technical progress

WHAT IS THE ROADMAP?

You can find the roadmap by clicking the link below ROADMAP

HOW / WHERE CAN I CHECK MY SGAT TOKEN BALANCE?

You can check your SGAT balance on your sgat-technologies.com dashboard.

ANY FURTHER QUESTION ?

JOIN OUR TELEGRAM AND ASK US !