[ANN] SophiaTX Announcement - The Blockchain for Business

[SophiaTX]

Nothing much in their slack for the time being.
Hopefully we'll get more info soon.

We can assure you that all important data about the project will be published really soon.

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[SophiaTX]

Nice project guys, Do we have some free airdrops? 

Thank you for your support! Yes, we will have a bounty program, we are working on it right now. Complete rules and conditions will be announced very soon.

I will look forward to your bounty program information, it will be many people who want to join in this impressive project.

Unfortunately, decision has been made that there won't be a bounty program after all. If there will be any changes we will inform you.

[SophiaTX]

A new study proves that there is huge potential for uses and benefits of connecting blockchain and traditional enterprise solutions. This gives credit to the idea behind SophiaTX’s platform which will allow a global community of SAP experts, consultants and developers to deliver blockchain capabilities to enterprises across all industries. Read more about it on our blog!

[domdomdec]

I'm doing some research on the company as we have no information apart from a few recent articles.

Has anyone found any information on Venaco?

Can't see any real projects
Besides marketing affirmations and articles, I can't find any relevant informations about the company.

" WORLDWIDE EXPERIENCE
BEST IN CLASS EXPERIENCE IN SAP TRANSFORMATION INITIATIVES ACROSS INDUSTRIES:
Switzerland, France, Germany, UK, US, Canada, Poland, Slovakia, China, UAE, Singapore, Malaysia, Brazil...
40+ countries, all continents."

No projects or no clients names besides the big companies related to employees past experience according to linkedin

Apparently the group exist since at least 2010 from Roman Vendzur linkedin profile where I can see that it's his only listed working experience. The others joined only recently.

The company scpecialities according to their linkedin company page :SAP Implementation, SAP Project Recovery, CxO Advisory, Expert Network, Predictive Analytics, SAP Business One Cloud, Hosting Services, SAP S/4HANA Cloud, SAP BW/4HANA Cloud, Turnaround, Business Transformation, Blockchain for Enterprises, Innovation Lab, Stakeholder Management, and Value Capture & Business Realization

However team consist of 8 members amongst which 5 managing partners. 25 followers to date. I'm surprised to see so low numbers even for a recently established company (2010 according to Roman Vendur's experience).

I've checked one of their services you can find on their website -Octocloud who's company page was recently created and currently there are no employees endorsed to it and only 3 followers

Equidato linkedin page has only 5 followers and no activity, no employee.

Both, venaco and octocloud have only one activity on linkedin: they shared the forbes article 2 days ago.

I was expecting more concrete experiences after the forbes articles. Did I miss something?

I'm also surprised how they make strong affirmation such as in their post-

Topic Summary
Posted on: Today at 02:47:07 PM Posted by: SophiaTX
A new study proves that there is huge potential for uses and benefits of connecting blockchain and traditional enterprise solutions. This gives credit to the idea behind SophiaTX’s platform which will allow a global community of SAP experts, consultants and developers to deliver blockchain capabilities to enterprises across all industries. Read more about it on our blog!

It's a company fact sheet, I don't see any "proof" as cited. It does not seem to give any additional credit to the idea behind SophiaTX. Can someone clarifies this for me?
Thanks for your help I'm a newbie trying to do some research before investing.

[nasituygun]

are there any bounty or airdrop?if it is yes where am I looking for .İ joın it

[domdomdec]

Last update from the team
"Unfortunately, decision has been made that there won't be a bounty program after all. If there will be any changes we will inform you."

[SophiaTX]

are there any bounty or airdrop?if it is yes where am I looking for .İ joın it

We are sorry but yesterday has been made a decision to cancel plans for bounty program. If there will be any changes we will inform you.

[SophiaTX]

I'm doing some research on the company as we have no information apart from a few recent articles.

Has anyone found any information on Venaco?

Can't see any real projects
Besides marketing affirmations and articles, I can't find any relevant informations about the company.

" WORLDWIDE EXPERIENCE
BEST IN CLASS EXPERIENCE IN SAP TRANSFORMATION INITIATIVES ACROSS INDUSTRIES:
Switzerland, France, Germany, UK, US, Canada, Poland, Slovakia, China, UAE, Singapore, Malaysia, Brazil...
40+ countries, all continents."

No projects or no clients names besides the big companies related to employees past experience according to linkedin

Apparently the group exist since at least 2010 from Roman Vendzur linkedin profile where I can see that it's his only listed working experience. The others joined only recently.

The company scpecialities according to their linkedin company page :SAP Implementation, SAP Project Recovery, CxO Advisory, Expert Network, Predictive Analytics, SAP Business One Cloud, Hosting Services, SAP S/4HANA Cloud, SAP BW/4HANA Cloud, Turnaround, Business Transformation, Blockchain for Enterprises, Innovation Lab, Stakeholder Management, and Value Capture & Business Realization

However team consist of 8 members amongst which 5 managing partners. 25 followers to date. I'm surprised to see so low numbers even for a recently established company (2010 according to Roman Vendur's experience).

I've checked one of their services you can find on their website -Octocloud who's company page was recently created and currently there are no employees endorsed to it and only 3 followers

Equidato linkedin page has only 5 followers and no activity, no employee.

Both, venaco and octocloud have only one activity on linkedin: they shared the forbes article 2 days ago.

I was expecting more concrete experiences after the forbes articles. Did I miss something?

I'm also surprised how they make strong affirmation such as in their post-

Topic Summary
Posted on: Today at 02:47:07 PM Posted by: SophiaTX
A new study proves that there is huge potential for uses and benefits of connecting blockchain and traditional enterprise solutions. This gives credit to the idea behind SophiaTX’s platform which will allow a global community of SAP experts, consultants and developers to deliver blockchain capabilities to enterprises across all industries. Read more about it on our blog!

It's a company fact sheet, I don't see any "proof" as cited. It does not seem to give any additional credit to the idea behind SophiaTX. Can someone clarifies this for me?
Thanks for your help I'm a newbie trying to do some research before investing.

Venaco Group is a newly established company in 2016 from veterans in the SAP industry (not to be confused with Venaco in SVK).

The team has years of experience and has worked for many large companies including Accenture, EY, Deloitte, HP, McKinsey and others (all verifiable). It is a lead by Ex-McKinsey SVP and focuses on specialty advisory and innovation in SAP transformation. We do not disclose the clients we work for because nature of our work is highly sensitive (critical situations, recovery and turnaround) - simply when things go wrong. We protect the confidentiality required in such situations - since it could send signal regarding publicly traded companies.

Feel free to reach out directly to company and CEO for explanations.

Also can provide references for serious enquirers.

We also plan to hold webinars with CEO and others, where all these questions can be asked.

Hope this helps

[fortuner]

why the bounty programs is cancelled?? bounty campaign has much benefits for projects development through marketing and advertising.

[SophiaTX]

why the bounty programs is cancelled?? bounty campaign has much benefits for projects development through marketing and advertising.

After careful considerations of all the pros and cons, we think it is not suitable for our type of project and strategy, therefore we decided not to proceed with bounties.

[SophiaTX]

Meet us in Colorado on October 5th! Our CEO Jaroslav Kacina will explain SophiaTX token and how we will integrate Blockchain with Enterprise Applications like SAP. Also, don’t miss the presentation “Digital Rights Management on the Blockchain” by Matej Michalko, Co-Founder of SophiaTX and Founder of DECENT.
https://globalblockchainsummit.com/

[neolinkhati]

News in Portuguese about SophiaTX

https://guiadobitcoin.com.br/sap-blockchain-especialistas-se-unem-para-criar-primeira-plataforma-open-source-unindo-as-duas-tecnologias/

http://www.cryptonews.com.br/sophiatx-levando-o-blockchain-ao-sap/

[S3cco]

Blockchain, Business and Finance Experts Team Up to Create World’s First Open Source Platform to Integrate SAP and Blockchain:
https://bitcoingarden.org/blockchain-business-finance-experts-team-create-worlds-first-open-source-platform-integrate-sap-blockchain/

[SophiaTX]

News in Portuguese about SophiaTX

https://guiadobitcoin.com.br/sap-blockchain-especialistas-se-unem-para-criar-primeira-plataforma-open-source-unindo-as-duas-tecnologias/

http://www.cryptonews.com.br/sophiatx-levando-o-blockchain-ao-sap/

Thank you for sharing. 

[SophiaTX]

SAP Africa wrote an article about us!

https://news.sap.com/africa/2017/10/02/sophiatx-open-source-platform-to-integrate-sap-blockchain/

[SophiaTX]

Blockchain, Business and Finance Experts Team Up to Create World’s First Open Source Platform to Integrate SAP and Blockchain:
https://bitcoingarden.org/blockchain-business-finance-experts-team-create-worlds-first-open-source-platform-integrate-sap-blockchain/

Thank you for posting this article!

[SophiaTX]

What led to the creation of Equidato Technologies AG and their premier application SophiaTX? Find out in the blog post by DECENT, announcing their joint venture with Venaco Group!

[Gothorum]

It would be possible to have more information about previous work of the team members? Another question I want to ask is if you plan to do some bounty campaign. The project seems interesting.

[Raxitto]

AGEquidato Technologies, a joint venture between DECENT, the blockchain content distribution platform, and GroupVenaco, the independent and best-of-breed company in SAP and innovation, are today announcing the formation of SophiaTX: a platform and blockchain market for companies of all sizes. The enterprise makes it the first open source platform to fundamentally integrate blockchain technology with SAP, allowing both users and integrators to use blockchain. The SophiaTX platform can be thought of as three elements. It is made up of a blockchain based on DECENT's own blockchain technology, developed and enabled specifically to trigger a business-to-business transaction mechanism; a development platform with API integration to SAP and other enterprise applications; and a market for a global community of experts, consultants and developers to purchase and sell applications.

[SophiaTX]

It would be possible to have more information about previous work of the team members? Another question I want to ask is if you plan to do some bounty campaign. The project seems interesting.

You can find profiles of all the members of our core team on LinkedIn. We can provide you with the links:
Jaroslav Kacina
https://www.linkedin.com/in/jaroslav-kacina-33a11587/
Matej Michalko
https://www.linkedin.com/in/matmichalko/
Martyn Harler
https://www.linkedin.com/in/martynharler/
Kok Weng Choo
https://www.linkedin.com/in/kok-weng-choo-52220964/ 

After careful considerations of all the pros and cons, we decided not to proceed with bounties, because is not suitable for our type of project and strategy.