Nice project guys, Do we have some free airdrops?
After careful consideration of all pros and cons, we decided not to have it. |
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"The company has also unveiled a working Proof of Concept and recently published a whitepaper revealing significant new details on its functionality and potential for businesses of all sizes." Check out the article by Giga Startups.
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As I understand it, you have your own blockchain, and you sell your coins SPHTX. Why do you call them tokens? Tokens are on the ETH blockchain. Or am I wrong and your tokens will be ERC20? In general, to me need to install your wallet to buy your coins or not?
I found this definition on this page: "The main difference between altcoins and tokens is in their structure; altcoins are separate currencies with their own separate blockchain while tokens operate on top of a blockchain that facilitates the creation of decentralized applications." Coins are a more universal "coinage" - you can pay with them for a variety of things. Tokens on the other side are used for "one" purpose - in our case for our platform. Yes, you will have to have our wallet to buy our tokens. |
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SophiaTX will be using Decent as a starting point. There is also a discount if you deposit DCT.
Those are the only references to Decent in the whitepaper. There is no further explanation. Why have you chosen for Decent, what benefits does it give?
SophiaTX is a project by Equidato Technologies which is a Join Venture by DECENT and Venaco Group. We are using DECENT's proprietary technologies for building SophiaTX. |
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SophiaTX team could you kindly address these allegations?
Hello. SophiaTX is definitely not a scam. We listed here the reasons why SophiaTX is a good project: - We already have a working prototype! You can read about it on our blog here. There will be another blog that will describe the Proof of Concept in a bit more detail.
- We have the first class experts on our team. You can always see members of our team as well as our advisors on our website, where you can also find links to their LinkedIn profiles.
- We have high potential use cases which you can find in our Whitepaper, as well as real customers in the pipeline, some of which we will announce before the start of the TGE (probably next week)!
- Here is also some media coverage from thrustworty media that we've got: FORBES, iTreasurer, BlockTribune, Global Association of Risk Professionals - GARP, even the SAP.
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Since your own tokens will run on own blockchain, which type of conseus will have? PoS, DPoS, LPoS? I don't think PoW, at this point it's too old fashioned and isn't suited very much for high scalability
We will have DPoS. |
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Token swap to another token or new coin ?
SophiaTX will be fuelled by its own SPHTX token. In its own blockchain ? It would be good. If they have the money and make a swap, then with an own blockchain, I hope. Yes, we will have our own blockchain based on DECENT's proprietary technology. |
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An article about SophiaTX for our Portuguese followers: Blockchain para Empresas SophiaTX Revela Novos Detalhes da Plataforma; Confirma Data para Evento de Geração dos Tokens
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Why do you guys do a token swap by the way? Why not use the tokens you creat for the ICO? And if you want to have an own blockchain, why not made the ICO at a time where your blockchain was ready?
They said the Ethereum blockchain isn't providing enough privacy, speed, and other features. That's why they'll build their own blockchain. And probably they will take the money from the ICO for further development of that new blockchain. Well projects with an own blockchain perform often better then those just based on ETH (of course not in every case). Could be interesting, even if I hate token swaps. For me, I would have prefered if it would start directly with their own solution. Are there any infos how the token swap will be made? Do we need to make it manuelly or will there be some automation? The process of issuing token will be automatized. |
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As I understand it, you have your own blockchain, and you sell your coins SPHTX. Why do you call them tokens? Tokens are on the ETH blockchain. Or am I wrong and your tokens will be ERC20? In general, to me need to install your wallet to buy your coins or not?
I think their token isnt an erc20 token. They didnt say anything about erc20 token in their whitepaper. We will use ERC20 tokens only for TGE and after the release of our own wallet, we will swap them for our own tokens - SPHTX. |
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Token swap to another token or new coin ?
SophiaTX will be fuelled by its own SPHTX token. |
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If i buy into your ICO with the DECENT; are you going to value it to current market price or will there be fixed price? I am asking since it's highly undervalued and could rise later during your ico and i am not sure if i should buy with that...
There will be a fixed price for sure and it will be based on the price closer to TGE. We have to fine-tune some details such as if we will fix price for every round individually or for the whole TGE, or if we will use 24 hr average or something else. We will announce the exact conditions before the ICO on our blog and we will share them also here. You can subscribe to our newsletter to make sure you won't miss any important announcement. |
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SophiaTX will be using Decent as a starting point. There is also a discount if you deposit DCT.
Those are the only references to Decent in the whitepaper. There is no further explanation. Why have you chosen for Decent, what benefits does it give?
Decent is a decentralized content distribution system, don't know, maybe it will be way easier to just start with it? and decent is a token? i dont understand, care to explain more about DCT  was there a ico project for decent? Yes there was an ICO for DECENT. It began on September, 11th 2016. Here is their Bitcointalk thread where you can find more info and ask anything you want to know. You can also find more info on their website www.decent.ch where is also an explanation video and more. |
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I like SophiaTX concept, I wanted to ask - when will be scheduled to launch mobile application? it will be available both for IOS and for android?
As you can see in our Whitepaper on page 12 (13 in the pdf) in the chapter Solution and Roadmap, we are planning to have a mobile app in Q4 2018. We will have more specifications later but for now we are planning it to be available on both iOS and Android. |
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looks like sophiaTX project is promising and solid team background. sophiaTX will create own blockchain. is it right?
Yes, we will have our own blockchain based on DECENT's proprietary technology. |
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Is this a real project? You raised 110k ETH in ICO?
Hi, our Token generation event is scheduled for December 5th and will last 10 days. If you are interested in our project you can find some important information here: - We already have a working prototype! You can read about it on our blog here. There will be another blog within the 24 hours that will describe the Proof of Concept in a bit more detail.
- We have the first class experts on our team. You can always see members of our team as well as our advisors on our website, where you can also find links to their LinkedIn profiles.
- We have high potential use cases which you can find in our Whitepaper, as well as real customers in the pipeline, some of which we will announce before the start of the TGE (probably next week)!
- Here is also some media coverage from thrustworty media that we've got: FORBES, iTreasurer, BlockTribune, Global Association of Risk Professionals - GARP, even the SAP.
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Are these APIs and applications mentioned in the ANN already integrated into the project or will it be developed according to the roadmap?
They will be developed according to the roadmap. |
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So you will have token generation event in the end of this year but you will have your wallet ready in Q2 -Q3 2018 according to your roadmap. Does that mean that investors will get their tokens only then?
Hi. You will receive the ERC20 tokens approximately 48 hours after the TGE ends and as you saw in our roadmap we will launch wallet and our own tokens - SPHTX (and make a swap) around Q2 - Q3 2018.Ah thanks. That was also the answer of my qustion I asked before. Have you already thought about how to do the coin swap? I am always a bit afraid of coin swaüs as stuff can go wrong if you need to make it manually. The coin swap will be automatized process. |
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I am very impressed by this project. But I was wondering, where does the name SophiaTX come from, what does it mean?
Thanks. As we mentioned just a few moments ago, the name has its meaning. It means: Software Operating Platform for Hybrid Internet Applications Transaction Xchange |
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Just curios about the project name?... Because " Sophia" in Greek means "Wisdom". And I like it.  Thanks . The name has its meaning of course. It means: Software Operating Platform for Hybrid Internet Applications Transaction Xchange |
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