could anyone enlighten me as to what the value of the token is? is it only driven by demand if the project delivers? or is there some underlying mechanism as in for example the vechain model where you gain some passive income via a second token.
Once the SophiaTX Blockchain is fully launched, it will utilize its own proprietary token SPHTX.
SPHTX will have multiple uses on the blockchain, within the marketplace and will also be included
as a utility token in many decentralised applications (Dapps):
● Transaction fee and reward for miners validating transactions and blocks on the blockchain
● Subscription to access rights to the SophiaTX Blockchain
● Reward allocation for buying and selling of assets in the marketplace (App Store and Dev
Store)
● Reward for the developers when an end customer installs and uses a SophiaTX Application
(Dapp license)
● Transaction and data storage fee for document file server
● Licensing for private Blockchain