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Author Topic: [ANN] SophiaTX Announcement - The Blockchain for Business  (Read 67244 times)
SophiaTX (OP)
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December 06, 2017, 09:29:25 AM
 #1561

TGE rescheduled!

Due to problems with Ethereum network and requests of our community we have re-scheduled the start of the TGE to Thursday, Dec. 7th, 14:00 UTC.

The official blog post will follow soon.



But will the Ethereum network problems will be solved in 2 days? Or do we have to take action now and trade our ETH's or something?

We decided to delay our TGE due to many people were reaching out that they are not ready - since their own ETH transactions were left unprocessed. So we wanted to:
A) give you time to get ready
B) hoping for ETH backlog to normalize

We cannot give you any advice whether to change for BTC/DCT or stay with the ETH.

We are not going to postpone our TGE on Thursday so let's hope kitties stay in their place  Wink
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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SophiaTX (OP)
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December 06, 2017, 09:31:01 AM
 #1562

We have decided to postpone our token generation event by 48 hours.
Due to problems with the Ethereum Network, our TGE will be rescheduled for Thursday, Dec. 7th! The reason we are postponing it is not because we run on the Ethereum network, but because some of our participants will use the Ethereum Network and it's having major issues.




You did the right thing to postpone TGE, many people suspended transactions, money was hanging in the air, there was no traffic for 5-8 hours, and eventually zero transactions took place.
If the network performance is not restored within 48 hours, what will be your next action?

We are not going to postpone our TGE on Thursday even if the Ethereum network's problems will continue.  
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December 06, 2017, 09:40:49 AM
 #1563

SophiaTX has got among the good examples how to use a blockchain in your business! Read an article by ENTREPRENEUR.

Thanks for the info.
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December 06, 2017, 09:44:28 AM
 #1564

Every thread I visit, everyone is talking about this damn game. That's it! I'm going to check it out now. Thanks alot people. I almost resisted it but peer pressure is a mo'fo'.


Yeah, this pressure made me try to buy some kitties but fortunately, the transaction didn't go through. I won't be taking any part in this shit.

The cats don't even look that good. what's the point? do people think they will make money of of them? Anyway, back to the TGE.

Well some made money out of them ugly kittens which triggered our subconscious mind to do the same but, I've been saved by clogged ETH network.

It's disturbing how some stupid game can create such chaos. Hope they will fix the damn thing, so all transactions can be executed normally.

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December 06, 2017, 09:54:15 AM
Last edit: December 07, 2017, 06:02:12 AM by BY_ATOM
 #1565

Every thread I visit, everyone is talking about this damn game. That's it! I'm going to check it out now. Thanks alot people. I almost resisted it but peer pressure is a mo'fo'.


Yeah, this pressure made me try to buy some kitties but fortunately, the transaction didn't go through. I won't be taking any part in this shit.

The cats don't even look that good. what's the point? do people think they will make money of of them? Anyway, back to the TGE.

Well some made money out of them ugly kittens which triggered our subconscious mind to do the same but, I've been saved by clogged ETH network.

It's disturbing how some stupid game can create such chaos. Hope they will fix the damn thing, so all transactions can be executed normally.
Something tells me that nothing will change (with each hour getting worse and worse.It is worth thinking about other payment options, II think that even a high price for gas will not help at this stage.

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December 06, 2017, 09:54:48 AM
 #1566

SophiaTX has got among the good examples how to use a blockchain in your business! Read an article by ENTREPRENEUR.

Thanks for the info.

Thanks for this interesting article. It shows clearly that SophiaTX is on the right track.

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December 06, 2017, 09:55:21 AM
 #1567

Rescheduled TGE was smart move, all ETH network had problems. This extra time was needed here for smooth ICO.

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December 06, 2017, 10:10:52 AM
 #1568

Rescheduled TGE was smart move, all ETH network had problems. This extra time was needed here for smooth ICO.

Yeah, I also think it was a good idea. And it's not like they postponed it for a month or so. These 48 hours were reasonable and after that time everyone should be ready for the TGE. That should be enough time to buy yourself some DCT for everyone who thinks the ETH network will still be under heavy load on Thursday. If you still want to invest with ETH you will probably have to swallow the pill and increase the gas price a lot.
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December 06, 2017, 10:51:55 AM
 #1569

We have decided to postpone our token generation event by 48 hours.
Due to problems with the Ethereum Network, our TGE will be rescheduled for Thursday, Dec. 7th! The reason we are postponing it is not because we run on the Ethereum network, but because some of our participants will use the Ethereum Network and it's having major issues.




You did the right thing to postpone TGE, many people suspended transactions, money was hanging in the air, there was no traffic for 5-8 hours, and eventually zero transactions took place.
If the network performance is not restored within 48 hours, what will be your next action?

I hope that kitty game will modify their smart contracts so that they don't put such high stress on the ethereum network .
IT's really bad for all the ICO's at the moment.
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December 06, 2017, 10:55:11 AM
 #1570

We have decided to postpone our token generation event by 48 hours.
Due to problems with the Ethereum Network, our TGE will be rescheduled for Thursday, Dec. 7th! The reason we are postponing it is not because we run on the Ethereum network, but because some of our participants will use the Ethereum Network and it's having major issues.




You did the right thing to postpone TGE, many people suspended transactions, money was hanging in the air, there was no traffic for 5-8 hours, and eventually zero transactions took place.
If the network performance is not restored within 48 hours, what will be your next action?

I hope that kitty game will modify their smart contracts so that they don't put such high stress on the ethereum network .
IT's really bad for all the ICO's at the moment.

lol, you think that the fukin kitty pussy game is the problem that the ethereum network is on his knees Oo? wtf
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December 06, 2017, 11:07:23 AM
 #1571

What about the end of the TGE? Is it also postponed for 48 hours as well as the start? Otherwise, it's a really short time.

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December 06, 2017, 11:22:41 AM
 #1572

SophiaTX has got among the good examples how to use a blockchain in your business! Read an article by ENTREPRENEUR.

Quote
Unfortunately, more often than not entrepreneurs are joining the blockchain gold rush looking to make quick cash, but forgetting to actually build a business. Entrepreneurs need to educate themselves on the blockchain and cryptocurrency markets before jumping in and launching a business as a token.

"A token is a feature of a business, not a business to itself," says Jaroslav Kacina, Founder and CEO of SophiaTX.

Thanx for sharing this link, I especially like this part that I quoted. I agree that a token should be a feature of a business and not the other way around.

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December 06, 2017, 11:32:29 AM
 #1573

We have decided to postpone our token generation event by 48 hours.
Due to problems with the Ethereum Network, our TGE will be rescheduled for Thursday, Dec. 7th! The reason we are postponing it is not because we run on the Ethereum network, but because some of our participants will use the Ethereum Network and it's having major issues.




You did the right thing to postpone TGE, many people suspended transactions, money was hanging in the air, there was no traffic for 5-8 hours, and eventually zero transactions took place.
If the network performance is not restored within 48 hours, what will be your next action?

I hope that kitty game will modify their smart contracts so that they don't put such high stress on the ethereum network .
IT's really bad for all the ICO's at the moment.

lol, you think that the fukin kitty pussy game is the problem that the ethereum network is on his knees Oo? wtf

yeah Vitalik needs to get on this ASAP and push the update to the network soon.

Sozialtourist
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December 06, 2017, 11:33:26 AM
 #1574

We have decided to postpone our token generation event by 48 hours.
Due to problems with the Ethereum Network, our TGE will be rescheduled for Thursday, Dec. 7th! The reason we are postponing it is not because we run on the Ethereum network, but because some of our participants will use the Ethereum Network and it's having major issues.




You did the right thing to postpone TGE, many people suspended transactions, money was hanging in the air, there was no traffic for 5-8 hours, and eventually zero transactions took place.
If the network performance is not restored within 48 hours, what will be your next action?

I hope that kitty game will modify their smart contracts so that they don't put such high stress on the ethereum network .
IT's really bad for all the ICO's at the moment.

lol, you think that the fukin kitty pussy game is the problem that the ethereum network is on his knees Oo? wtf

Wasn't it already confirmed by an Ethereum dev that "CryptoKitties is definitely a significant contributor to network congestion, and it may have been what pushed us over the edge from mostly-full blocks to full blocks in the last day or so."

I know you can't fully blame this game for everything but it definitely played an important role. Nevertheless, scaling solutions are necessary, this game just speeded everything up.
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December 06, 2017, 11:34:25 AM
 #1575

TGE rescheduled!

Due to problems with Ethereum network and requests of our community we have re-scheduled the start of the TGE to Thursday, Dec. 7th, 14:00 UTC.

The official blog post will follow soon.



But will the Ethereum network problems will be solved in 2 days? Or do we have to take action now and trade our ETH's or something?

We decided to delay our TGE due to many people were reaching out that they are not ready - since their own ETH transactions were left unprocessed. So we wanted to:
A) give you time to get ready
B) hoping for ETH backlog to normalize

We cannot give you any advice whether to change for BTC/DCT or stay with the ETH.

We are not going to postpone our TGE on Thursday so let's hope kitties stay in their place  Wink

Well but it's actually a good advice Grin. I feel lucky that I will invest in a company with own blockchain, ethereum has serious scaling problems lol

▀▀█▄▄    [websitewhitepaper]  ❒  ATHERO  ❒  .Internet 3.0 solution    ▄▄█▀▀
  A revolutionary decentralized digital economy 
▄▄█▀▀    Twitter  ◽  Facebook  ◽  Telegram  ◽  Youtube  ◽  Github   ▀▀█▄▄
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December 06, 2017, 11:45:22 AM
 #1576

SophiaTX TGE Postponed; CryptoKitties Clogged Ethereum Network; A Message From Jaroslav Kacina, CEO of SophiaTX
https://bitcoingarden.org/sophiatx-token-generation-event-postponed-cryptokitties-clogged-ethereum-network/

Hacker, Pirate, Milf Hunter, Owner of Bitcoin Garden
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December 06, 2017, 11:56:07 AM
 #1577

SophiaTX TGE Postponed; CryptoKitties Clogged Ethereum Network; A Message From Jaroslav Kacina, CEO of SophiaTX
https://bitcoingarden.org/sophiatx-token-generation-event-postponed-cryptokitties-clogged-ethereum-network/
I think this is right decision, and I hope during 48 hours ETH eliminate all problems, and there will be favorable time for investments.
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December 06, 2017, 12:20:51 PM
Last edit: December 06, 2017, 12:46:34 PM by SophiaTX
 #1578

We are happy to announce that SophiaTX is going to be listed on QRYPTOS, the secure ICO Listing Platform and powerful trading exchange for the crypto markets. $SPHTX

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December 06, 2017, 12:22:49 PM
 #1579

Lets hope not more of these collectibles are getting hyped. Will not be good for the crypto networks, and sad to see ICOs like Sophia are getting hurt by it

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December 06, 2017, 12:25:22 PM
 #1580

Lets hope not more of these collectibles are getting hyped. Will not be good for the crypto networks, and sad to see ICOs like Sophia are getting hurt by it

Actually im afraid will start to pop up new ones given the success we have seen with this one
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