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361  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 04, 2017, 09:23:55 AM
As far as I understand, all information about goods and services will be recorded in blocks and stored in them. This can not eventually lead to an increase in the time of information exchange?

No. There will be only information about submitting of goods and services and the recipient will be triggered to download the all details from off-chain. There will be stored the link in blockchain, where to find these details and all of them - in blockchain as well as off-chain will be encrypted.
362  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 03, 2017, 02:05:23 PM
                 !!!

363  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 03, 2017, 09:16:18 AM
If I do the KYC registration today, can I immediately buy tokens when the ICO starts? Or do I have to wait until someone checks my data? How long will that take?

You will receive an email notification. If the email says that you passed you can buy immediately after the TGE starts. If you did not pass you can write an email to report@sophiatx.com and we will look at your case individually. It may take some time, so it is better to do it ASAP if you want to make sure that you can participate in the first round.

Is KYC to be passed by any investor?

I am not sure what you are asking but if you ask about bigger investors e.g. companies or individuals investing hundreds of ETH - yes they all have to have KYC.
So small investor (less than 5 ETH) doesnt need to go through the KYC procedure?

No, they need to go through KYC. I wanted to say that every investor - big or small - has to go through KYC.
364  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 03, 2017, 08:56:15 AM
Do you have a Russian chat?

No, unfortunately not.
365  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 03, 2017, 08:45:42 AM
If I do the KYC registration today, can I immediately buy tokens when the ICO starts? Or do I have to wait until someone checks my data? How long will that take?

You will receive an email notification. If the email says that you passed you can buy immediately after the TGE starts. If you did not pass you can write an email to report@sophiatx.com and we will look at your case individually. It may take some time, so it is better to do it ASAP if you want to make sure that you can participate in the first round.

Is KYC to be passed by any investor?

I am not sure what you are asking but if you ask about bigger investors e.g. companies or individuals investing hundreds of ETH - yes they all have to have KYC.
366  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 03, 2017, 08:40:57 AM
are you launching discord channel ?

No, we are not planning to have a discord channel for now.

Most or some of the crypto community are moving to discord. Slack has too much spam, I think its good to update and progress, anyway .. keeping watch on this one.

Thank you for your advice. I will propose it but even if we decided to have one it probably won't be until the TGE ends. BTW we don't like Slack too. So spammy.
367  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 02, 2017, 02:04:58 PM
                 !!!
368  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 02, 2017, 01:11:52 PM
What about your token listing on Qryptos? Any details?

We are preparing a blog about it. It should be out on Monday.
369  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 02, 2017, 12:59:00 PM
are you launching discord channel ?

No, we are not planning to have a discord channel for now.
370  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 02, 2017, 11:51:45 AM
Can I ask a question?

What connection to DCT do you have that you give a bonus for using DCT coins for investors? Or why do you use this coins as investment currency?

It seems like sophiatx is based on it somehow, you can see it mentioned in here under apps: https://decent.ch

This is the answer I got;


SophiaTX is a project by Equidato Technologies - Joint Venture between DECENT and Venaco Group. So DECENT has a stake in SophiaTX.
As far as I know their blockchain will be based on decent's blockchain so it is natural that they will give bonuses to investors who want to use dct

Well I wouldn't call it natural but it's of course a clever move then to support the project. *
Anyways, thanks for your answers. Until now I somehow thought SophiaTX will have an own blockchain. So Decent can be seen as a parent-blockchain and SophiaTX as a child-blockchain? Currently I am a bit confused Cheesy

Yes, we could probably say that. Sometimes it is incorrectly referred to as a hard fork - but it is not. We are using DECENT's blockchain to create our own.
371  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 02, 2017, 11:48:45 AM
a blockchain specifically tailored for businesses seems like a pretty interesting approach but I do feel like a lot of other projects have taken this approach in the past I'm curious as to what you think distinguishes you from these other projects and who you would consider your main competitors in the space are? I'm genuinely curious to hear your response and I'll be paying attention because I'm looking for a basket of currencies to throw my newly-acquired fortune into got to love that Bitcoin 10K burst

We have a holistic approach and we are open source - those are the main two things that distinguish us from others. On page 37 in our Whitepaper, you can find some other solutions ("competitors") and why they really aren't our competitors.

A holistic approach means that we not focusing only on one industry or supply chain but instead we can serve everyone. Not just big players, not just small companies but all businesses. This can lead faster and global adoption and better collaboration.

One of the competitors listed in the whitepaper is... Ethereum. Noted downsides of Ethereum are proof of work, lack of privacy and encryption. Those features are under development. Vitalik Buterin estimated a timeline of 3-5 year for those features to be completed, as well as Visa level transaction throughput. How can SophiaTX be operational in 2018?

Even though our roadmap is maybe optimistic, you have to take into account that creating something better from a scratch is always easier than updating the running system. Ethereum has a lot of problems that need to be fixed first for it to be even considered to be used by serious businesses. It wasn't created with international corporations and wast supply chains in mind but SophiaTX is. And blockchain is evolving fast so when they were creating the Ethereum they couldn't know a lot of things that we know now - partially thanks to them. New projects are learning from the mistakes of their predecessor. Until they solve one problem on a running platform we will avoid five just by designing it with the problems in mind.



372  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 02, 2017, 11:36:45 AM
Are you prepared to participate in our TGE? We have prepared a step by step guide to make it easier for you. Check it out and be ready for Tuesday when the TGE page will be available.



i dont really like all the kyc stuff. why is that so important for devs when there are participants in the ico which only invest like 2 eth or something like that?

We need to protect ourselves against money laundering and make sure that we comply with rules and laws. We are B2B platform and for companies, it is very important that their partners are respecting the law because otherwise, they could have also be dragged into it and have problems and damaged reputation.
373  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 02, 2017, 11:24:03 AM
do you require kyc

Yes you do. Many people asked about this before, including me. Now I want to figure out how it works. Is there a FAQ somewhere about the KYC process?

Yes, we have prepared a guide for KYC.
374  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 02, 2017, 11:18:16 AM
do you require kyc

Yes. KYC is mandatory for all TGE participants.
375  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 02, 2017, 11:15:28 AM
We’ve added more language options to sophiatx.com! You’ll find the “Select Language” menu in the upper right hand corner of our homepage.



Better late, than never.
Thanks guys   Smiley

It's awesome that you're supporting so many languages. It really shows that you're serious!
Congratulations on that. With the greatness of Sophia, you can not only support a language, accessibility generates profitability. Waiting anxiously for the day 5/12, I wait for a propitious scenario to join me. Good luck
It's very convenient, besides it will expand the audience of potential investors, linguistics is a very important component of any business.

This opens the project to investors that are not fluent in english. It's a good idea because for people like me that understand english they feel much more comfortable reading in their first language.

This is very good SophiaTX, however in the Filipino/Tagalog version, it says Tagalong instead of Tagalog. While it is a very minimal typo, I think it should still be corrected. Thanks!

Thank you very much! I notified my colleague about the typo  Wink
376  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 02, 2017, 11:07:51 AM
If I do the KYC registration today, can I immediately buy tokens when the ICO starts? Or do I have to wait until someone checks my data? How long will that take?

You will receive an email notification. If the email says that you passed you can buy immediately after the TGE starts. If you did not pass you can write an email to report@sophiatx.com and we will look at your case individually. It may take some time, so it is better to do it ASAP if you want to make sure that you can participate in the first round.
377  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 02, 2017, 10:53:37 AM
is platform going to support other language? is it on road map?

Right now, we have roadmap only for the most important parts - so it is mainly about technical things. Adding new language mutations doesn't belong to this category. Since we are aiming for global adoption it will be necessary to add new languages but for now, we are focusing on developing the platform itself. Localization will come later, probably depending on the needs of our customers.
378  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 01, 2017, 05:53:29 PM
Are you prepared to participate in our TGE? We have prepared a step by step guide to make it easier for you. Check it out and be ready for Tuesday when the TGE page will be available.

379  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 01, 2017, 03:39:27 PM
DCT growing now... Probably before ICO will grow more. Better to buy DCT now  Roll Eyes

This is who already has DCT, the easier it is. And so, you will lose more on fee. It is necessary to send BTC for exchange, buy DCT. Even with Bittrex is not so easy to withdraw. Although DCT is on HitBTC ... But how to buy tokens for DCT from wallet exchange? Because of 10% of the bonus you can get into an uncertain situation. It is better to buy for ETH.

What is the rationalle behind offering bonus when purchasing with DCT?

SophiaTX is a project by Equidato Technologies - Joint Venture between DECENT and Venaco Group. So DECENT has a stake in SophiaTX.
380  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SophiaTX Announcement - The Blockchain for Business on: December 01, 2017, 01:41:09 PM
We’ve added more language options to sophiatx.com! You’ll find the “Select Language” menu in the upper right hand corner of our homepage.

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