Are you familiar with our buyback program?
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We are back with another interesting fact about the SophiaTX Blockhain. Where I can visit and get more details about the VAP of Sophia TX's blockchain and its amazing new technology that don't require token's ownwerships of partner companies. Hello, please check oput our tokenomics document, where you can find more details: https://www.sophiatx.com/storage/web/SophiaTX_Tokenomics_Final.pdf
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We are back with another interesting fact about the SophiaTX Blockhain.
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Dear community, in reponse to numerous questions about SophiaTX Buyback, we have created an article explaining its purpose and why you should participate.
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In order to remove ERC-20 tokens from circulation, we created a voluntary ‘Buy-back’ program for everyone which follows a 1:20 ratio where for every 20 old tokens you will receive 1 new token. Instructions have been released yesterday : https://youtu.be/w4U6Bh-7vVAWhy do you need to remove ERC-20 tokens from circulation? It's not like they are hurting anyone. In fact the rise of the price could just confuse people about their purpose. Ass we mentioned in previous reply, they are not exactly in circulation, but they are still out there and we want them all in one place so they are not confused with the new SPHTX token. Also this is our way to say thank you to all our supporters by giving them additional tokens for free. Well that's very kind of you, but i still think that speculation of rising token value will just get people trading them. I think that getting rid of them all is just impossible. The thing is, you are not able to deposit or withdraw SPHTX ERC-20 token on any exchange. Thats why SPHTX ERC-20 tokens are obsolete and the only thing, what you can do with them is to switch for the new ones with the Buyback program.
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In order to remove ERC-20 tokens from circulation, we created a voluntary ‘Buy-back’ program for everyone which follows a 1:20 ratio where for every 20 old tokens you will receive 1 new token. Instructions have been released yesterday : https://youtu.be/w4U6Bh-7vVAWhy do you need to remove ERC-20 tokens from circulation? It's not like they are hurting anyone. In fact the rise of the price could just confuse people about their purpose. Ass we mentioned in previous reply, they are not exactly in circulation, but they are still out there and we want them all in one place so they are not confused with the new SPHTX token. Also this is our way to say thank you to all our supporters by giving them additional tokens for free.
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I don't like buyback programs, I think that they are an artificial mean to drive up the price, only in the short term (also, only if you burn said coins/tokens)
In this case it is the opposite: the company is using SPHTX to buy the ERC20, so they are actually going to ignite more and more the supply. Wait what? How? What erc20 token are you talking about, aren't they buying the sphtx tokens from the decent blockchain? In order to remove ERC-20 tokens from circulation, we created a voluntary ‘Buy-back’ program for everyone which follows a 1:20 ratio where for every 20 old tokens you will receive 1 new token. Instructions have been released yesterday : https://youtu.be/w4U6Bh-7vVASo there are ERC 20 tokens in circulation? How? I was under the impression that a swap happened and all ERC 20 have no reason to exist They are not exactly in circulation, but they are still out there and we want them all in one place so they are not confused with the new SPHTX token.
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Dear community, we have compiled a list of instructions on how to apply for SophiaTX Buyback.
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I don't like buyback programs, I think that they are an artificial mean to drive up the price, only in the short term (also, only if you burn said coins/tokens)
In this case it is the opposite: the company is using SPHTX to buy the ERC20, so they are actually going to ignite more and more the supply. Wait what? How? What erc20 token are you talking about, aren't they buying the sphtx tokens from the decent blockchain? In order to remove ERC-20 tokens from circulation, we created a voluntary ‘Buy-back’ program for everyone which follows a 1:20 ratio where for every 20 old tokens you will receive 1 new token. Instructions have been released yesterday : https://youtu.be/w4U6Bh-7vVA
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The SophiaTX Buyback program is here!
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We proudly announce the official launch of SophiaTX Academy Learn what blockchain can do for your business and explore real use-cases with our industry professionals. Find the right course for you here: https://academy.sophiatx.com
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FGq8wqLD.png&t=663&c=vI72Prh-msF12Q)
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Dear followers, the Buyback Program is in the final stages of preparation. All details will be announced on the 31st of January.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FntwxhvV.jpg&t=663&c=6a4MFB2MoD59oQ)
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Another fact you might not have known about SophiaTX
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Every week a new fact about SophiaTX.
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Every week, you can read our #DidYouKnowSophiaTX posts where we provide you with unique features and interesting SophiaTX facts
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With e-invoicing, SophiaTX eliminates many common invoicing challenges faced by global induestries.
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SophiaTX presents the vast adoption possibilites for Blockchain in the Automotive Industry. See how Blockchain will lead to improved supply chain efficiency and higher Industry profitability in the new video here: https://youtu.be/WUSwK-O5TPU
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F0brRHZJ.png&t=663&c=PiMeS5ABdGb7hg)
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These holidays we teamed up with Liquid exchange Read how Blockchain will impact large industries such as Automotive and find the link to Liquid's new e-Book here: http://bit.ly/2SuUntX
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FTxfAxhS.jpg&t=663&c=dXgqgi-fNrzKug)
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So they have own blockchain and native Sophia coins already? But as I see this is just web wallet. Where is desktop and mobile wallets? Hello, Both are in the pipeline, but right now we are focusing on a business side of the project, which means new clients and products.
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