19th of July

Dear Community,

We had a Q&A session on Reddit and we received a variety of questions from you all. Here you can find a selection of them. Let´s get started!

Technology

Q: How many full time developers work in Agrello team? A: We have a team of over 30 developers, based in multiple countries.

Q: Everyone in the community cares about legally-binding AI-enhanced smart contracts initiated by transacting the DLT utility token. What stage of development is the contract platform at? Will it ever become a reality?Can explain any state of Agrello, especially about legally binding smart contract, powered by AI? A: Beta platform is in active development, we will announce it. Smart contracts powered by AI are coming too, but at the later stage. Stay tuned.

Q: The Agrello ID is “blockchain powered”, do you use smart contracts on ETH for the ID’s? A: We are using smart contracts on our own instance of blockchain.

Business

Q: In an AMA 8 months ago, Hando Rand replied this to a question about transparency: “Due to the scale of the organisation, Agrello will go under official auditing, because of Estonian laws. This will be available for everyone.” When will this official audit be done, if not already completed, and will you share the link/publicly available info with us who does not know where to find info about Estonian business. A: The auditing process is ongoing and an audited annual report will be available in September.

Q: At the end of last year Agrello talked about Dubai and Estonia and increased token price, but very quickly touched bottom. Was it artificial manipulation? Or just a negotiation breakdown? A: We are not influencing the token prices on the market in any artificial way. We are still in process of negotiations with some firms from Dubai. No info yet. It is taking longer than we expected and working with bigger corporations takes time, decision making is a long progress in those cases.

Q: Is Agrello a technological company owned by its founders, investors and employees? And DLT an independent digital asset, which anyone can own? A: DLT is a utility token, which can be owned by anyone. This is the token that will be the value vehicle inside our public products.

Q: What is the current stage of the roadmap? When can we view an updated version and what changes can we expect? Can you elaborate on why some parts of the roadmap haven’t been completed and proper timing to completing them? A: There are delays in the roadmap, because the technology we are building, turned out to be extremely complex. However this is nothing we can’t accomplish. The main part that increases the time required for development, is making a front-end system that is simple to use on top of complex cryptographical and blockchain protocols. As we are also in process of working with bigger companies, things do not move very fast for them. The updated version is in progress and will be available soon. We will share this with you as soon as possible.

Future Plans

Q: What are your plans on increasing transparency of the project? A: We will provide more info on Github and we are planning to provide quarterly updates there in the future. We will inform about the updates ahead and when we plan to release them.

Q: Can you tell us about you future plans regarding token functionality? A: We will provide an update of the token model blog in near future and try to cover this topic thoroughly.

Q: Is Agrello considering opening itself to the public and building a community around it? A: Yes, but first we have to finalize the development of some technologies that would be available on our platform. We have plans of increasing the contribution and user base on the platform by community campaigns. Currently we have no ETA for this, but we will keep you all informed regarding the progress of this.

Q: Can you hire someone to evaluate the market and drive a strategy for Agrellos growth? A: Growth hacking will start once we have finalized the development of our basic products.

To be continued…

To learn more about Agrello’s other partnerships and projects, existing and upcoming join us on Twitter, Telegram or Linkedin.

Agrello Team