Tagion FAQ

What open licenses does Tagion grant?

An open license is defined to be a free patent license given to the open-source project that cannot be revoked.

All open-source projects having the same type of copyright license as the Tagion Project will as a general rule be automatically granted a free license that cannot be revoked.

Other open-source projects and projects, in general, need to apply for an open license. Projects that fork the Tagion core library would also need a license, but again, if they follow the same copyright license and conditions specified in the license, it is granted automatically.

Is Tagion GDPR compliant?

Yes, it is. You can store any data on the DART and only make it accessible for modification by the key holder. You can also store encrypted data on DART that can only be read by the holder of the decryption key. There is no implicit rules for the content of such data, except that you can create a smart contract that validates its content.

What is i25s?

I25s is the sponsor company of Tagion. Tagion has been granted irrevocable licenses to patents from i25s in order to best promote and grow the network.

Where is the Tagion domiciled?

Tagion is located in HIllerød, Denmark and has a subsidiary in Kyiv, Ukraine. As i25s is the networks sponsor they (for now) share the same offices and resources.

What is the business model behind Tagion?

The business model behind Tagion is to allow network participants, such as nodes and service providers, to make money either by being rewarded for helping with operating the network (nodes), or from earning money from services being provided on top of the network, e.g. fees and interests (service providers).

Is Tagion compliant (Financial regulation)?

Tagion follows a dualistic approach to regulation giving privacy in the network for its users, but also making it possible for the users and service providers to exchange compliance records in a seamless and efficient way, where the data is controlled by the users. By this, the service providers can cater to local regulation.

Tagion does not have embedded compliance to any jurisdiction. In that aspect, the network is totally neutral. It is the obligation of every legal entity to be compliant with its local jurisdiction.

What is KYC?

The “know your customer” or “know your client” (KYC) guidelines in financial services requires that professionals make an effort to verify the identity, suitability, and risks involved with maintaining a business relationship. The term can also refer to the bank regulations and anti-money laundering regulations that govern these activities.

KYC processes are also employed by companies of all sizes for the purpose of ensuring their proposed customers, agents, consultants, or distributors are anti-bribery compliant and are actually who they claim to be.

Banks, insurers, export creditors and other financial institutions are increasingly demanding that customers provide detailed due diligence information. Initially, these regulations were imposed only on the financial institutions but now the non-financial industry, fintech, virtual assets dealers, and even the non-profit organizations are liable to oblige.

What is an accredited investor?

An accredited investor is a person or a business entity who is allowed to deal in securities that may not be registered with financial authorities. They are entitled to such privileged access if they satisfy one (or more) requirements regarding income, net worth, asset size, governance status or professional experience.

In the U.S., the term is used by the Securities and Exchange Commission (SEC) under Regulation D to refer to investors who are financially sophisticated and have a reduced need for the protection provided by regulatory disclosure filings. Accredited investors include natural high net worth individuals (HNWI), banks, insurance companies, brokers and trusts.

Is Tagion pursuing an ICO?

No

What is private sale?

A private sale is an unadvertised sale of property which is not open to the general public. A private sale is negotiated between a buyer and a seller directly. In a private sale broker, agents and public notices are absent. The sale is made voluntarily between the parties.

Citizens of what countries can participate in the Tagion private sale?

We offer no public information on private sales. To gain more information, please contact us at kv@i25s.com. US citizens and entities are not able to participate in any type of private Tagion sale.

Are Tagions securities?

No

Is Tagion partnered with any banks?

No

How do I set up a Tagion profile?

The best way to get involved is to register in the forum and take part in the discussions. Here you will also be among the first to hear when our wallet is ready – then you will be able to set up your network profile. Stay active to move from node, to active node, then …

Can I refer to friends?

Yes, indeed, they sound like great people. Invite them all to become a part of our community and make Tagion the monetary system of the future.

How do I get Tagions?

[posted 10th of June - updates will follow]

It is possible to earn Tagions through a social campaign which is yet to be launched.

You’ll also be able to earn Tagions by running the node network.
It will be a headstart for anyone who actively participates in the alpha network launch.

The DEX is in the roadmap for 6-8 months after the alpha network release.
That’s 8 months of options to earn Tagions before you can exchange it on the DEX.

For more information on how to acquire tokes, contact ir@i25s.com

Then I believe in real world adoption of cryptocurrencies stable coins will not be the only solution to provide a hedge against volatility. for instance traders can agree to make payment within a particular time for any business transaction and once that is agreed no one stands at the chance of taking a loss should there be a dump in the crypto market.

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I am not sure I follow, but I guess we need the think about what “stable” means. An economic system is built on people who produce goods and exchange them with each other at some price. The price is set against the currency, where a pricing process is a social phenomenon where the actors in the market come to agree on specific prices( in general, a few actors mean high volatility and many actors less volatility…). Thus your idea of traders agreeing on a price would work because it is the actors who do the pricing. It “just” requires the actors to agree on a price… If we look at “stable” from an economic point of view, it cannot be fully stabilized, and all major currencies are free-floating internally and externally. The intrinsic pricing of a good in a system, you could say is some social agreement of a price, an indirect agreement. It gets stabilized by adoption/usage, which drives a big flywheel. This flywheel gets more and more stabilized as the inertia, which can be seen as a price stabilization. The analogy to the market would then be that the more actors who agree on a price this harder it becomes to change that agreed price - the inertia becomes larger thus the forces to change the direction needs be larger as well. It can also be seen as a flywheel of trust in a monetary system because it makes people trust the system over time if it is stable, it becomes a self-referential system, more trust -> more adoption -> more trust…

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Well, you are right. You best described it more than I did haha…It all depend on the actors as you said and the more we have such actors/users the less volatile it would be. I mean, even real world currencies are fluctuating in prices from time to time how much more virtual currencies. It all depends on the actors and the trust that is established. Appreciate the reply.

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