So this ICO isn't going very well (apart from 3000+ eth out of a single transaction trough kraken and 100 ETH sent by an address connected to contract owner)
well the project is good, the startup is a couple of years in the business, so i think that the investors will still come  If I remember correctly they need 25k eth to raise their soft cap. I think this will be very hard for them to achieve. it has just begun, let's not get down on the project just yet. |
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Another new partnership announced, with core sector community, SophiaTX has now great partnership, it’s very important for the project and a dry good indicator of the potential of the project. Investors enjoy that.
Partnership is good, but until the results are then rejoice early, you need to wait a year. Maybe is not the best new if you are waiting for fast results but for sure is good for the project in long-term. This is going to be a long term project in any case, but sure start to look very promising definitely long term project. but if they get their foot in the door, it might become a serious alternative to established brands. |
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I was skeptical about this project, but the last line on the last page of the whitepaper made me change my mind: Government regulators
Business value of benefits received: Ability to issue fines to owners whose cars do not meet such requirementsNow I am sure this will be a huge success  I read whitepaper but i guess i missed this part. I had no doubts about Project with this i even believe it more. Agree on the potential but I am a bit sceptical government would rely on private/commercialy available data to make such an action. Perhaps this varies from country to country... I think is just about being able to prove the system you provide is compatible and follow the rule and regulation of the public system A government would rely on a private system, but you gotta grease the pocket of the regulator first. especially in eastern europe |
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That is a crazy amount of money! I dont know how they managed it because most Icos dont raise so much in their first days of token sales
Maybe their big partners helped out somewhat? Maybe, but their big partners would join early to get the reduced price. I'd love to know if they did. that would be great for marketing. partners who want to invest their own money in the project. |
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We are proud to announce our new partnership with KITA Logistics, a large-scale global logistics provider. The partnership will bring blockchain to pharmaceutical logistics and transport. Great timing for the announcement of an upcoming partnership just one week before the TGE! Nice partnership there. Good to have partnership with non-cryptocurrency related projects. this is great, seems like a solid pick for partner |
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Was looking at the smart contract and almost 1000 ETH raised!
Very nice. Great that the project is doing well.
Wish you guys all the best during this ICO!
VLB powwah!
well this is not bad at all considering it was just opened for one day, can you post the link where we can have a look at the smart contract please? Here you go! Wow, there's a transaction of 499ETH  https://etherscan.io/address/0x93519cc1a51ac56cf2daa8aaafcd4073f49a19d8#internaltxWOW! Crazy! This is a crazy guy or woman More like this 2,696.80098957 Ether ?? From 1 address? wow man, someone really believes in this project. hope it works out for him. |
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Don’t worry for exchanges, I think SophiaTX will become a huge project and will be listed on a lot of exchanges. A project of blockchain for business and working with SAP is an insane potential.
yes, exchange is not problem if devs really developing their program, its easy to hit first exchange if their perform is good. Pseople are alwys in a hurry to get into exchanges, but if there is not a functioning project behind it, better wait having tokens on the exchanges is one way of expressing the value of the project. it's a good thing. |
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Why is it only possible to buy tokens with ETH? Is there a specific reason why VLB does not include fiat or BTC as a payment option?
Because of the smart contract i think, it will be more complicated if they also accept fiat or BTC. I think ETH is just fine. you can convert your btc to eth very easily with shapeshift so no issue here imo. a lot of ICO go with ETH only. It's the preferred payment option for them. and yeah it probably has something to do with the contract. |
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VLB adviser team and dev team is very solid and active. 3376 ETH raised so far in pre-sale. I think regular ICO will speed up soon. Nice project to disrupt and bring attention of blockchain to auto industry.
that's not bad for a pre-sale with 100 Eth limit. I think ICO will raise quite a bit. |
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I see that you have marketplace coming in Q2, that's pretty fast... Are you counting that decentgo platform is ready and you build on that or will you build your own?
We are building our own platform which has nothing to do with DECENTGO. So your platform that you're building is projected to be done Q2 2018? aren't you guys worried about doing so much at once? smells like scope creep to me. |
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I've read that you are going to make your own blockchain.
Is there some more information available ? Will u use IPFS, fork some other crypto like ethereum or something else?
Yes, we'll make our own blockchain. But the same tokens will stay on the Ethereum platform. Could somebody please explain what's the point of their own blockchain if tokens will still be based on Ethereum? The point is that we don't have to pay gas and also won't depend on ETH exchange rate. Plus, I'd assume that it gives a lot more flexibility for any future changes you want to make? would a swap of tokens be involved at any point? |
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I think investors will keep their NPX token cause there is a big use case, people can earn a lot of money just by holding their token, so it can be more profitable to keep npx than sell it to go to another coin, I think the reward can be very high If you hold your token.
It will be necessary to see what price will be at the start and then it is profitable to sell or hold. I'm guessing it will be worth holding for at least a year. just to see how the project evolves. |
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Well, can you really blame them? Some of those whitepapers are unreadable, it does not even have to be a case of laziness, just layers upon layers of complexity and buzzwords, asking a deep understanding of the subject matter from the prospective investor. However, new regulations are going to require more understandable language in whitepapers and prospectuses.
I completely agree. Not everyone understands all the subtleties, so not everyone can fully understand what is written in the technical documentation. Such articles, with a brief and understandable description of the project, are simply necessary. the whitepaper is part of the marketing effort. it's in everyone's best interest for it to have clear language and be understood. |
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That is true, it can add some assurance, for the next owner, in case you want to sell the car.
It would be perfect for buyers. Sometimes if you buy an old car, you can be even 10th owner of it. Seeing it history is impossible. But with vlb it will easily be obtained. this is the most exciting thing by far in this project. people won't be able to con others into selling a bad car. |
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Are you new to SophiaTX or just lazy to study our Whitepaper? Brian D. Colwell has prepared a summary of the most important information about our project in his blog post! You know me too well. Good idea to summarize the white paper in a seperate blog post. like this blog post. Nice way explained and summarized whitepaper and all details. This project is going to attract many corporate. yeah thanks for this. any word on a demo? |
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⚡ Today is the last day of VLB Tokens pre-sale! Get your 40% bonus! ⚡
no, thx, i will wait for the regular "nonrich" investors, starting at 1 eth and not 100 eth ><" pre-sale I too feel that 100 ETH is too high to invest at once. Ethereum is rising and crossed it's previous top, so I guess it's hard for investors to put in their eth. Are there any stats about the presale? Very curious if lots of people invest 100 ETH now. Good luck with the last day! You can register on our site, as you login to your account, you find the smart contract address, so you can easily check the payments went throughout. has anyone done this? I'm curious as well. want to gauge the success of this. |
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Il also impatient to see the demo version, I’m sure it will be really nice and incentive people to invest. ALGORY will offer very powerful tools, with a lot of use case, crypto traders will enjoy using these tools.
without a demo, it would be hard to invest in a project nowadays. sweet words, documents and technical descpriptions and a good team are nowadays not enough to get the investors ><" True, since algory offers tools to make traders life easier, such demo version is needed. Investors will be able to know exactly what algory is, before they decided to take part on the project. Wish such demo will be available asap. i've been saying that all week. but the dev's did promise a video of how the tools work |
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Dont worry about exchanges, I’m sure that napoloenX will be listed in a lot of exchanges and big exchanges, the project will become reallly big I think and the team is very serious. They will do what is needed to be listed on big exchanges fast I think.
If they can achieve their funding target, exchanges will beg napoleonx to list them. Bigger market cap means better exchanges by default. I just hope they get access to better exchanges at the start. it's healthy to have trading right away on several exchanges. |
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I'm thinking that SAP AG will be very interested on this platform and maybe forge a partneship with SophiaTX. it would be great, good partnership at this stage would be very useful for growth of the project. the question is "Is SAP aware of this integration?". have you guys spoken with them? Hmmm it seems SAP is working on their own blockchain as a service. https://www.sap.com/belgie/products/leonardo/blockchain.htmlHow does SophiaTX differ compared to the service SAP wants to roll out? I would also like to know that. SAP is a very big company, they have huge client base. How will SophiaTX compete with that? It is a very big company so it definitely has resources to monitor the market and there was also an article on SAP Africa website so we are sure they know about us. But we haven't spoken to them officially about anything. We do not compete with them directly since as we mentioned in our Whitepaper: "The SAP company has introduced a very compelling offering under its SAP Leonardo innovation effort. SAP’s blockchain approach of BaaS20 (Blockchain-as-a-Service) is suitable for large and midsize organizations seeking a rather private and consortium-based setup. Having said that, opening it to wider public participants may prove to be challenging and less trusted by typical blockchain advocates. In our view BaaS is coming short of being truly inclusive of all participants across value chains, does not provide sufficient transparency, and has a tendency to be relatively more expensive." Thanks for reply! So if I understood correctly, SophiaTX will provide services for wide range of rather small customers making it easy to access? There are more differences to Leonardo. First of all - SAP is maybe the most widespread enterprise software but it is definitely not the only one. We are currently focusing mostly on SAP but SophiaTX will also be a platform for Oracle, Salesforce, Microsoft Dynamics, and many more. Secondly - we are focusing on businesses of all sizes - not just big one but also not just on smaller one. We are also not focusing only on one industry. We want to create a holistic collaboration across industries and value chains. so how will this work, you'll purchase oracle/sap/salesforce licenses and integrate them into your portal? |
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thanks , it's good seeing the project get mainstream attention. |
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