[ANN] SophiaTX Announcement - The Blockchain for Business

[cmg12]

to reach x20 is difficult but not impossible depends on if there will be many investors if the hard cap will be reached and if once the token will be listed on some exchanges, the price will rise or fall only time will tell, just wait for the launch of the mainet in february 2018...

x20 is only the beginning. This project will x2000 in 2 years just like Ether did. Well, if only 50% of my expectations truly happen I will be already happy.

Profits like x2000 or even higher are very hard to achieve this days. Market is starting to get saturated so you should lower your expectations

saturated Thats idial word to describe market of todays , icos are poping like shrooms after rain so its hard to filter shit from grains im starting to focus on projects like sophia who planing their own chain soon or subjectively new concepts of business that enters blockchains or tokenization

This is why I didn't say that SophiaTX can't be a good investment. In my opinion it can easily reach 10 times appreciation in short time frame but gains like x2000 are just absurd at this moment

[SwiftDonut]

to reach x20 is difficult but not impossible depends on if there will be many investors if the hard cap will be reached and if once the token will be listed on some exchanges, the price will rise or fall only time will tell, just wait for the launch of the mainet in february 2018...

x20 is only the beginning. This project will x2000 in 2 years just like Ether did. Well, if only 50% of my expectations truly happen I will be already happy.

Profits like x2000 or even higher are very hard to achieve this days. Market is starting to get saturated so you should lower your expectations

People said the same when bitcoin was "already" $1,000 and look what happened! Bitcoin x17 and many other good projects x1000 this year.

To see another project making x2000 is very unlikely in my opinion. But everyone can dream, that's sure.

[Altcoinrusher]

to reach x20 is difficult but not impossible depends on if there will be many investors if the hard cap will be reached and if once the token will be listed on some exchanges, the price will rise or fall only time will tell, just wait for the launch of the mainet in february 2018...

x20 is only the beginning. This project will x2000 in 2 years just like Ether did. Well, if only 50% of my expectations truly happen I will be already happy.

Profits like x2000 or even higher are very hard to achieve this days. Market is starting to get saturated so you should lower your expectations

People said the same when bitcoin was "already" $1,000 and look what happened! Bitcoin x17 and many other good projects x1000 this year.

To see another project making x2000 is very unlikely in my opinion. But everyone can dream, that's sure.

One thing I'm sure of, is that SophiaTX will be successful and will eventually make investors happy with it.

[greatteager]

Another exchanges that will list SophiaTX, really nice to already now that. The project continue to improve his visibility day by day. I’m sure SophiaTX will go very far, we have a great community and a serious team to handle the project.

I agree with you. Nice to see token going to be listed at EXX in HongKong. SophiaTX team is doing great work.

Congratulations to the SophiaTX Team for collecting fans of their work every day and for being credible in their words, I still hope for bigger and bigger exchanges, but this will be another step that will certainly be given, since they follow to the strictness of their script

I don't doubt that this project will eventually be listed to top exchanges. After ICO team must concentrate on the work of platform, after the launch there will be good exchanges, I'm sure

What exchanges are planning? It would be better to listing to Binance.

[belechau]

SophiaTx is sure to achieve great exchanges, but for the good of the project, there's better to be a mid-market and a middleman before that, any eviction can be damaging if there is one, and in spite of rewards and script control, possibility. Large volume exchanges will be achieved as SophiaTX is large

[greatteager]

I bought tokens in the second round and are happy with this, I think that the exchange will have a great interest in the coin.

[PS92]

Maximum supply that can be ever reached is 500 000 000 tokens. 30 % of that will be distributed during our TGE (150 000 000), 30 % will be mineable next 25 years 5 % is for future TGE and 35 % remains for Development, Operations, Marketing, Team etc. 70 % of that will be locked for 12 months.

On a side note, is this the first TGE project that is also mineable? Aside from Ethereum, I mean.

No I think there were some TGE projects which are minable but don't remember the names. Maybe somebody can answer your question.

I also would like to know the full details regarding this mining.. I don't understand the need for mining in a product like SophiaTX though.

Remember, SophiaTX have their own DPOS blockchain. The transactions need to be put into blocks. The ones who put transactions into blocks are elected witnesses, sometimes called miners. But Delegated Proof-of-Stake is not like Proof-of-Work.

https://www.youtube.com/watch?v=hAxDjAmRKkU

Am I correct in saying this is exactly like with LISK? So if I own tokens of SophiaTx I can vote for the delegates and receive a part of their token earnings?

i like this game ,just like semux coin , we can invest our SophiaTX  tokens to build delegates  and earn other tokens.

Yup, this way you can even take some profits without touching your initial investment!

[nonconformist]

SophiaTx is sure to achieve great exchanges, but for the good of the project, there's better to be a mid-market and a middleman before that, any eviction can be damaging if there is one, and in spite of rewards and script control, possibility. Large volume exchanges will be achieved as SophiaTX is large

That's for sure. SophiaTX for me looks like a unicorn. It is one of the "serious" coins that came out there for quite a while now. Giving real world solutions to real world problems.

[gliridian]

SophiaTx is sure to achieve great exchanges, but for the good of the project, there's better to be a mid-market and a middleman before that, any eviction can be damaging if there is one, and in spite of rewards and script control, possibility. Large volume exchanges will be achieved as SophiaTX is large

That's for sure. SophiaTX for me looks like a unicorn. It is one of the "serious" coins that came out there for quite a while now. Giving real world solutions to real world problems.

Nicely said, I think, this will make the mass adoption of cryptocurrency as more and more B2B transactions and problems will be solved. This company partnerships will be a big thing because these companies are influential to so many people, that's why I am predicting that SophiaTx will be influencing the mainstream world to come and check the crypto space in a massive way.

[jvper]

Lots of hype with SophiaTX ICO. This will be a top 100 coinmarket cap token.

[saintkamei]

I am seriously contemplating a purchase of some tokens. Looks like it could hit the exchange sooner than some.

[pynetx]

So, you guys are planning to make your own blockchain. then there will be token swap right?

Yes, as soon as their own blockchain is ready, there will be a swap from the ERC20 tokens to the new coins.

Is there any specific time frame for the swap and what about the wallets?

[BY_ATOM]

My guess is ico will be over like 40.000.000 - 50.000.000 token sold.

So it will be 10-15million $ market cap. Also no bounties.

It can pump very easy.

But they will generate all 150,000,000 tokens and distribute unsold tokens proportionally to TGE investors, right?

Yes, unsold tokens will be distributed among TGE investors according to the stakes.
I think SophiaTX has a very high chance in reaching their hard cap, the TGE is doing really good.

Still, I think that unsold tokens should be burned. This will preserve the high capitalization of the project and will positively affect the cost of the coin.

[toolucky98]

My guess is ico will be over like 40.000.000 - 50.000.000 token sold.

So it will be 10-15million $ market cap. Also no bounties.

It can pump very easy.

But they will generate all 150,000,000 tokens and distribute unsold tokens proportionally to TGE investors, right?

Yes, unsold tokens will be distributed among TGE investors according to the stakes.
I think SophiaTX has a very high chance in reaching their hard cap, the TGE is doing really good.

Still, I think that unsold tokens should be burned. This will preserve the high capitalization of the project and will positively affect the cost of the coin.

If they burn the token, then the price will increase. If they distribute the token then the holder's token will increase.
Its literally the same.
I dont know the difference of both of them , maybe someone knows and wants to explain it.

[levyashin]

My guess is ico will be over like 40.000.000 - 50.000.000 token sold.

So it will be 10-15million $ market cap. Also no bounties.

It can pump very easy.

But they will generate all 150,000,000 tokens and distribute unsold tokens proportionally to TGE investors, right?

Yes, unsold tokens will be distributed among TGE investors according to the stakes.
I think SophiaTX has a very high chance in reaching their hard cap, the TGE is doing really good.

Still, I think that unsold tokens should be burned. This will preserve the high capitalization of the project and will positively affect the cost of the coin.

If they burn the token, then the price will increase. If they distribute the token then the holder's token will increase.
Its literally the same.
I dont know the difference of both of them , maybe someone knows and wants to explain it.

There is none actually.

Because they will do dpos after blockchain up, I think they want to keep parameters set I think.

[Yasemin]

The token sales obviously slowed down now. I was expecting Sophia to be in round 4 by now, but they are still in round 3. Maybe this round will not be sold out like the first 2 rounds

[jonnytracker]

My guess is ico will be over like 40.000.000 - 50.000.000 token sold.

So it will be 10-15million $ market cap. Also no bounties.

It can pump very easy.

But they will generate all 150,000,000 tokens and distribute unsold tokens proportionally to TGE investors, right?

Yes, unsold tokens will be distributed among TGE investors according to the stakes.
I think SophiaTX has a very high chance in reaching their hard cap, the TGE is doing really good.

Still, I think that unsold tokens should be burned. This will preserve the high capitalization of the project and will positively affect the cost of the coin.

If they burn the token, then the price will increase. If they distribute the token then the holder's token will increase.
Its literally the same.
I dont know the difference of both of them , maybe someone knows and wants to explain it.

There is none actually.

Because they will do dpos after blockchain up, I think they want to keep parameters set I think.

Sophiatx as Dpos coin ?

[Piggy]

The token sales obviously slowed down now. I was expecting Sophia to be in round 4 by now, but they are still in round 3. Maybe this round will not be sold out like the first 2 rounds

Less bonus there is and less people are going to invest at later stages. Some news about some partnership may change this maybe.

[Yasemin]

The token sales obviously slowed down now. I was expecting Sophia to be in round 4 by now, but they are still in round 3. Maybe this round will not be sold out like the first 2 rounds

Less bonus there is and less people are going to invest at later stages. Some news about some partnership may change this maybe.

What Sophia should have done differently is to give investors more time in stage 3, 4 and 5. Now there is only like 10h left for this round. It is good for already existing investors though, because they will get all the unsold tokens!

[the_donald]

The token sales obviously slowed down now. I was expecting Sophia to be in round 4 by now, but they are still in round 3. Maybe this round will not be sold out like the first 2 rounds

Less bonus there is and less people are going to invest at later stages. Some news about some partnership may change this maybe.

What Sophia should have done differently is to give investors more time in stage 3, 4 and 5. Now there is only like 10h left for this round. It is good for already existing investors though, because they will get all the unsold tokens!

I think I preferred the tokens be burned and have a lower overall supply that just distribution these usually mean a higher value.