[ANN] SophiaTX Announcement - The Blockchain for Business

[toolucky98]

We will get 10% bonus during the token generation event if we use DCT. What if we use ETH? Wether there will be a bonus for us?

does this combine (additional) with early bird sale?

If you will participate with DCT in the first round you will have both - 10% bonus as well as the price for the first round: 0,00062789 ETH. The same is applicable to all five rounds. In every round, you will have 10% bonus if you participate with DCT as well as the price determined for that round. There is no bonus for ETH or BTC.

So we must download wallet for DCT? We cant partipiciate from exchange wallet, right?

Yes, you cannot use the exchange wallet.

What kind of wallet you advice? I didnt use DCT before..

I think its a website wallet
1) Log In or Sign Up at DECENT GO (decentgo.com).
2) Click on your Email Address in the top right of the home page and go to Wallet from the drop down menu.

[Yasemin]

Registration for mandatory KYC has been already launched. Register now to make sure you can participate our TGE! Find the KYC Guide here and register now.

What for do you need my "source of income"? Can it just be "random things, bitcoin and stuff"?

I think they need this info for the regulators, I wouldn't know why Sophia would be interested in this kind of info

[levyashin]

We will get 10% bonus during the token generation event if we use DCT. What if we use ETH? Wether there will be a bonus for us?

does this combine (additional) with early bird sale?

If you will participate with DCT in the first round you will have both - 10% bonus as well as the price for the first round: 0,00062789 ETH. The same is applicable to all five rounds. In every round, you will have 10% bonus if you participate with DCT as well as the price determined for that round. There is no bonus for ETH or BTC.

So we must download wallet for DCT? We cant partipiciate from exchange wallet, right?

Yes, you cannot use the exchange wallet.

But if I'm not mistaken it will be an erc20 token at first. So we shouldn't use dct wallet also?

If dct wallet can be used than you should ask an ethereum wallet for sending tokens so why it is different with exchange address.

I really want to have an answer to this question. I will contribute with dct but don't want to download their wallets. Why can't I send from exchanges?

[Piggy]

The exchange address is made to hold just ETH so if you get there anything else than ETH the exchange will not help you in getting the tokens and they will be lost.

The exchange usually have a separate ethereum address for each token

[levyashin]

The exchange address is made to hold just ETH so if you get there anything else than ETH the exchange will not help you in getting the tokens and they will be lost.

The exchange usually have a separate ethereum address for each token

I'm not talking about eth, i'm talking about dct. I know what is the difference between eth exchange address and myetherwallet eth address.

But if i contribute with dct, there shouldn't be this difference. I shouldn't have to download dct wallet and i would have just sent it from an exchange. Because our tokens will come to ethereum wallet, dct wallet should be irrelevant. That's why I'm asking sophiatx team.

[niklasmato]

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.html

How 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.

Thank you for these answers. They are clear.
Nice to know that the focus will also be oracle, salesforce and ms dynamics.
Truly great names in this business.

[cantdecide]

In preparation for our Token Generation Event, we’ve added some new features to our website! Mandatory KYC registration for those who want to participate and a “Why Participate” section for those who are still on the fence and want more information about us.

Thank you for providing us with new information and are actively involved with constantly growing SophiaTX community.

Many projects have kyc now. I think this will be a common thing soon. ICOs start to get regulated.

This is a necessary measure now. Investors should be protected, now there are a lot of ICO.

Well measures like KYC brings in some savety for investors and also for the companies behind the projects as they will not get in trouble that easy by governments.
I think we will see a lot of regulations next year, so this is probably the first step for making crypto investments saver.

[Piggy]

In preparation for our Token Generation Event, we’ve added some new features to our website! Mandatory KYC registration for those who want to participate and a “Why Participate” section for those who are still on the fence and want more information about us.

Thank you for providing us with new information and are actively involved with constantly growing SophiaTX community.

Many projects have kyc now. I think this will be a common thing soon. ICOs start to get regulated.

This is a necessary measure now. Investors should be protected, now there are a lot of ICO.

Well measures like KYC brings in some savety for investors and also for the companies behind the projects as they will not get in trouble that easy by governments.
I think we will see a lot of regulations next year, so this is probably the first step for making crypto investments saver.

This is actually a good thing, this crypto phase at the moment is the equivalent of the far west imo

[sge99]

In preparation for our Token Generation Event, we’ve added some new features to our website! Mandatory KYC registration for those who want to participate and a “Why Participate” section for those who are still on the fence and want more information about us.

Thank you for providing us with new information and are actively involved with constantly growing SophiaTX community.

Many projects have kyc now. I think this will be a common thing soon. ICOs start to get regulated.

This is a necessary measure now. Investors should be protected, now there are a lot of ICO.

Well measures like KYC brings in some savety for investors and also for the companies behind the projects as they will not get in trouble that easy by governments.
I think we will see a lot of regulations next year, so this is probably the first step for making crypto investments saver.

This is actually a good thing, this crypto phase at the moment is the equivalent of the far west imo

Has SophiaTXs KYC procedure been outsourced to a 3rd party? I've seen that in other ICOs, their KYC was done by companies specialised on such stuff and they were probably also certified.

[matjas]

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.html

How 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.

Thank you for these answers. They are clear.
Nice to know that the focus will also be oracle, salesforce and ms dynamics.
Truly great names in this business.

I second that! Thanks for reply again, it's much more clear now.
Such a wide range of potential customers gives a challenge to your marketing department, but I'm sure you already have some strategies at hand.

[the_donald]

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.html

How 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?

[SophiaTX]

We will get 10% bonus during the token generation event if we use DCT. What if we use ETH? Wether there will be a bonus for us?

does this combine (additional) with early bird sale?

If you will participate with DCT in the first round you will have both - 10% bonus as well as the price for the first round: 0,00062789 ETH. The same is applicable to all five rounds. In every round, you will have 10% bonus if you participate with DCT as well as the price determined for that round. There is no bonus for ETH or BTC.

So we must download wallet for DCT? We cant partipiciate from exchange wallet, right?

Yes, you cannot use the exchange wallet.

So I guess TGE with DCT will happen on either Decentgo or Decent core? Eventually an investor must show an ETH address to receive SophiaTX tokens

Correct. You will send your DCT from DECENTGO but to KYC you have to fill your ethereum address to receive ERC20.

[kraterion]

We will get 10% bonus during the token generation event if we use DCT. What if we use ETH? Wether there will be a bonus for us?

does this combine (additional) with early bird sale?

If you will participate with DCT in the first round you will have both - 10% bonus as well as the price for the first round: 0,00062789 ETH. The same is applicable to all five rounds. In every round, you will have 10% bonus if you participate with DCT as well as the price determined for that round. There is no bonus for ETH or BTC.

So we must download wallet for DCT? We cant partipiciate from exchange wallet, right?

Yes, you cannot use the exchange wallet.

So I guess TGE with DCT will happen on either Decentgo or Decent core? Eventually an investor must show an ETH address to receive SophiaTX tokens

Correct. You will send your DCT from DECENTGO but to KYC you have to fill your ethereum address to receive ERC20.

Thank you, yes yes I know that ethereum address part and I've another question, since your token is priced in ETH, the price vs DCT will be determined by the price of Decent against ETH at the moment of the contribution?

[SophiaTX]

We will get 10% bonus during the token generation event if we use DCT. What if we use ETH? Wether there will be a bonus for us?

does this combine (additional) with early bird sale?

If you will participate with DCT in the first round you will have both - 10% bonus as well as the price for the first round: 0,00062789 ETH. The same is applicable to all five rounds. In every round, you will have 10% bonus if you participate with DCT as well as the price determined for that round. There is no bonus for ETH or BTC.

So we must download wallet for DCT? We cant partipiciate from exchange wallet, right?

Yes, you cannot use the exchange wallet.

What kind of wallet you advice? I didnt use DCT before..

There is a guide on our website for participants that would like to participate with DCT but don't have a DCT wallet.

[magisterr]

We will get 10% bonus during the token generation event if we use DCT. What if we use ETH? Wether there will be a bonus for us?

does this combine (additional) with early bird sale?

If you will participate with DCT in the first round you will have both - 10% bonus as well as the price for the first round: 0,00062789 ETH. The same is applicable to all five rounds. In every round, you will have 10% bonus if you participate with DCT as well as the price determined for that round. There is no bonus for ETH or BTC.

So we must download wallet for DCT? We cant partipiciate from exchange wallet, right?

Yes, you cannot use the exchange wallet.

What kind of wallet you advice? I didnt use DCT before..

There is a guide on our website for participants that would like to participate with DCT but don't have a DCT wallet.

So this is web-wallet? I should not install wallet to my PC?
Im also little confused, that this is beta-wallet 

[SophiaTX]

We will get 10% bonus during the token generation event if we use DCT. What if we use ETH? Wether there will be a bonus for us?

does this combine (additional) with early bird sale?

If you will participate with DCT in the first round you will have both - 10% bonus as well as the price for the first round: 0,00062789 ETH. The same is applicable to all five rounds. In every round, you will have 10% bonus if you participate with DCT as well as the price determined for that round. There is no bonus for ETH or BTC.

So we must download wallet for DCT? We cant partipiciate from exchange wallet, right?

Yes, you cannot use the exchange wallet.

So I guess TGE with DCT will happen on either Decentgo or Decent core? Eventually an investor must show an ETH address to receive SophiaTX tokens

Correct. You will send your DCT from DECENTGO but to KYC you have to fill your ethereum address to receive ERC20.

Thank you, yes yes I know that ethereum address part and I've another question, since your token is priced in ETH, the price vs DCT will be determined by the price of Decent against ETH at the moment of the contribution?

The exact mechanism will be announced soon but the price of DCT should be fixed according to exchange rate before the TGE. There will be probably taken an average (e.g. for 24 hours before the start of TGE). But I do not know the exact rules yet, so take this information just as an approximation to how it will be.  

[MandatoryOption]

We will get 10% bonus during the token generation event if we use DCT. What if we use ETH? Wether there will be a bonus for us?

does this combine (additional) with early bird sale?

If you will participate with DCT in the first round you will have both - 10% bonus as well as the price for the first round: 0,00062789 ETH. The same is applicable to all five rounds. In every round, you will have 10% bonus if you participate with DCT as well as the price determined for that round. There is no bonus for ETH or BTC.

So we must download wallet for DCT? We cant partipiciate from exchange wallet, right?

Yes, you cannot use the exchange wallet.

What kind of wallet you advice? I didnt use DCT before..

There is a guide on our website for participants that would like to participate with DCT but don't have a DCT wallet.

So this is web-wallet? I should not install wallet to my PC?
Im also little confused, that this is beta-wallet 

Yes, it looks like it is a web-wallet. But if you are not completly sure how it works you can also participate with ETH.

[Yasemin]

''Third, the countdown timer has been moved to the front page! Updated in real-time, when this clock hits 0 the TGE is on! ''

I like the countdown at the front page. Will you also show a progress bar of the token sales?

[loup]

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.html

How 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?

If I'm not mistaken, I think there is no need to purchase software licenses from several ERP platforms as SophiaTX will act as a middle ware blockchain based platforms for collaboration between enterprises but rather the app marketplace will provide software that can be purchased by interested entities.

Its good to know that you're going to work with other ERPs. I don't know if SAP is the most widespread one but I think is the best.

[kraterion]

Thanks again and thanks for being so fast on answering questions.
Guys I just suggest to store some DCT if you want to contribute in this TGE, the chart looking so good for a possible breakout in the next few days