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Author Topic: [ANN] SophiaTX Announcement - The Blockchain for Business  (Read 67301 times)
Yasemin
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November 23, 2017, 07:37:31 AM
 #361

I'm currently reading the whitepaper. What exactly is Sap. Obviously they seem like a big deal, but regular people are going to have a hard time understanding exactly what is it that they do. If they are a company, how much is that company worth?

If you are an investor and want to learn more about sap, just go to their website https://www.sap.com/index.html


loup
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November 23, 2017, 07:44:31 AM
 #362

I'm currently reading the whitepaper. What exactly is Sap. Obviously they seem like a big deal, but regular people are going to have a hard time understanding exactly what is it that they do. If they are a company, how much is that company worth?

If you are an investor and want to learn more about sap, just go to their website https://www.sap.com/index.html



SAP is the best ERP on the market as far as I know and the most expensive one.
coinoutraged
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November 23, 2017, 07:47:59 AM
 #363

I'm currently reading the whitepaper. What exactly is Sap. Obviously they seem like a big deal, but regular people are going to have a hard time understanding exactly what is it that they do. If they are a company, how much is that company worth?

If you are an investor and want to learn more about sap, just go to their website https://www.sap.com/index.html



I had already gone there. Just still very confused by the whole business model. This seems like a nice coin to join for the reason that it does seem legit, unlike so many other ICOs. So that's really what has caught my eye, that I feel it's very legit. I have a sense of it, just a little over my head.
Yasemin
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November 23, 2017, 08:00:39 AM
 #364

Can you explain why the token price increases over rounds?

"During our TGE, the cost of SPHTX will increase slightly each round."

I am seeing more of this lately and it doesnt seem profitable to me since many people buy at the start and the end of an ico

levyashin
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November 23, 2017, 08:23:36 AM
 #365

I will definitely invest some in this project but I want some extra trough bounties.

But didn't see any bounty thread or information.

Do you have a bounty program?

They said earlier in this thread that there is no bounty campaign planned.

After careful consideration of all pros and cons, it is not suitable for our type of project, therefore we decided not to proceed with bounties.
You can get an additional 10% bonus for using DCT.

Then I will invest with dct.

But why are you giving such a bonus to dct? Do you have an agreement or partnership with decent? Or you and decent devs are the same guys?

sidik7
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November 23, 2017, 08:34:37 AM
 #366

let see for totaly review on this project , i think this project it can be succes
with a supporting on blockhain and a have good team , so complete , keep on proggress
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November 23, 2017, 08:40:19 AM
 #367

Do you already have any business on board which are trying your software or prototypes?

There's nothing yet to try, the work on prototype is still in progress.

Thanks for the info, is there an ETA though?
SophiaTX (OP)
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November 23, 2017, 08:59:55 AM
 #368

"The proof of concept shows the capability of sending a variety of documents and in the demonstration they showcase a customer invoice automatic transfer between SAP systems."


SophiaTX (OP)
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November 23, 2017, 09:40:06 AM
 #369

10 days for a ICO is not so long!
But I'm sure they will got the funding they need! This is just a great project.

I'm sure this project will got a lot more attention before the ICO date Smiley
that is 100k hardcap. so 10 day isn't enough. it is possible only when their marketing team does so well. and have some whale have interesting in this project.
Ya thats a pretty short time.
Do you have any plans to extend it?
Or maybe you already have some big private investors?
We have a good feedback from various communities of investors so hopefully, it will solidify into some real investments during the TGE. We do not plan to extend it. If there will be some tokens left unclaimed we will redistribute them to the contributors based on their stakes. We don't have a soft cap so there really isn't pressure to extend it.
magisterr
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November 23, 2017, 09:59:45 AM
 #370

By your road map you will have own blockchain and wallet in 2018. So we must waiting our coins in 2018?
SophiaTX (OP)
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November 23, 2017, 10:06:18 AM
 #371

Do you already have any business on board which are trying your software or prototypes?

There's nothing yet to try, the work on prototype is still in progress.

Thanks for the info, is there an ETA though?
Here is our roadmap (from the Whitepaper):


I hope this answers your questions about ETA of both demo and product.
SophiaTX (OP)
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November 23, 2017, 10:07:35 AM
 #372

By your road map you will have own blockchain and wallet in 2018. So we must waiting our coins in 2018?

Yes, but within the 48 hr after the TGE ends you will receive ERC20 tokens that will be swapped when our wallet will be ready.
SophiaTX (OP)
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November 23, 2017, 10:33:20 AM
 #373

“The SophiaTX team has delivered and unveiled a working Proof of Concept that demonstrates how companies can exchange information between their enterprise systems, such as SAP, using SophiaTX blockchain.”

SophiaTX (OP)
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November 23, 2017, 10:34:04 AM
 #374

Can you explain why the token price increases over rounds?

"During our TGE, the cost of SPHTX will increase slightly each round."

I am seeing more of this lately and it doesnt seem profitable to me since many people buy at the start and the end of an ico

It is simple. We want to motivate people to invest in the earlier rounds. There has to be some kind of mechanism to reward early investors since most of the people are aversive to a risk and therefore are waiting until they see that the TGE will be successful. If everybody (or just most of the investors) would wait until the last round to see if it will be successful it could fail even though there actually were enough people and enough money for the TGE to be successful.

So if they want to be sure and are willing to pay more for being sure, they can wait until the last round. But if they really believe in the success of our project they are willing to take a little bit of risk to be first to invest and they will trade this risk for more tokens.

(I personally think that only crazy people would take a risk for no reason. Or maybe someone who really likes to feel uncertain. But the rest of us is taking the risk every day because we think it will pay off).
SophiaTX (OP)
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November 23, 2017, 10:38:12 AM
 #375

Good, so now the system can be demonstrated to potential customers
and, can we be beta tester for it?

No, unfortunately not. We have some customers already waiting for the product so they will be probably the ones to test the beta.
areschen
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November 23, 2017, 10:47:14 AM
 #376

We successfully unveiled a working Proof of Concept that demonstrates how companies can exchange information between their enterprise systems, such as SAP, using SophiaTX blockchain!



Great news, it will interest many investors, it will be a revolution in business. It remains to show the concept to investors at conferences.
As far as I know SAP is just used by big companies so they are targeting a huge market. If the managed to enter in a multinational the others could be interested and the profits should be huge.

This seems a ability which can cross system to share documents ,  but I don't quite understand why it calls  Proof of Concept .
I don't get the point

the_donald
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November 23, 2017, 10:47:23 AM
 #377

Good, so now the system can be demonstrated to potential customers
and, can we be beta tester for it?

No, unfortunately not. We have some customers already waiting for the product so they will be probably the ones to test the beta.

Can you guys do a video of how it works at least?

jonnytracker
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November 23, 2017, 10:48:28 AM
 #378

Good, so now the system can be demonstrated to potential customers
and, can we be beta tester for it?

No, unfortunately not. We have some customers already waiting for the product so they will be probably the ones to test the beta.

Can you guys do a video of how it works at least?

Interesting request, i vote for this
matjas
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November 23, 2017, 10:50:33 AM
 #379

Good, so now the system can be demonstrated to potential customers
and, can we be beta tester for it?

No, unfortunately not. We have some customers already waiting for the product so they will be probably the ones to test the beta.

Can you guys do a video of how it works at least?

Interesting request, i vote for this

Or at least some real screenshots? A review? Something??

gaitchs
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November 23, 2017, 10:57:48 AM
 #380

We successfully unveiled a working Proof of Concept that demonstrates how companies can exchange information between their enterprise systems, such as SAP, using SophiaTX blockchain!



Great news, it will interest many investors, it will be a revolution in business. It remains to show the concept to investors at conferences.
As far as I know SAP is just used by big companies so they are targeting a huge market. If the managed to enter in a multinational the others could be interested and the profits should be huge.

This seems a ability which can cross system to share documents ,  but I don't quite understand why it calls  Proof of Concept .
I don't get the point

watching sap videos i dont get it.. all they do is improves people lives ? but how ? do they have a proof of concept too ?  
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