[ANN] SophiaTX Announcement - The Blockchain for Business

[o48o]

In order to remove ERC-20 tokens from circulation, we created a voluntary ‘Buy-back’ program for everyone which follows a 1:20 ratio where for every 20 old tokens you will receive 1 new token. Instructions have been released yesterday : https://youtu.be/w4U6Bh-7vVA

Why do you need to remove ERC-20 tokens from circulation? It's not like they are hurting anyone. In fact the rise of the price could just confuse people about their purpose.

Ass we mentioned in previous reply, they are not exactly in circulation, but they are still out there and we want them all in one place so they are not confused with the new SPHTX token. Also this is our way to say thank you to all our supporters by giving them additional tokens for free.

Well that's very kind of you, but i still think that speculation of rising token value will just get people trading them. I think that getting rid of them all is just impossible.

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[Rozita]

In order to remove ERC-20 tokens from circulation, we created a voluntary ‘Buy-back’ program for everyone which follows a 1:20 ratio where for every 20 old tokens you will receive 1 new token. Instructions have been released yesterday : https://youtu.be/w4U6Bh-7vVA

Why do you need to remove ERC-20 tokens from circulation? It's not like they are hurting anyone. In fact the rise of the price could just confuse people about their purpose.

Ass we mentioned in previous reply, they are not exactly in circulation, but they are still out there and we want them all in one place so they are not confused with the new SPHTX token. Also this is our way to say thank you to all our supporters by giving them additional tokens for free.

You are not giving people something valuable. You are only swapping old coins to new tokens with a certain rate. Even if you give 20,000 tokens for each old token, there is no difference.

[Darkoth89]

In order to remove ERC-20 tokens from circulation, we created a voluntary ‘Buy-back’ program for everyone which follows a 1:20 ratio where for every 20 old tokens you will receive 1 new token. Instructions have been released yesterday : https://youtu.be/w4U6Bh-7vVA

Why do you need to remove ERC-20 tokens from circulation? It's not like they are hurting anyone. In fact the rise of the price could just confuse people about their purpose.

Ass we mentioned in previous reply, they are not exactly in circulation, but they are still out there and we want them all in one place so they are not confused with the new SPHTX token. Also this is our way to say thank you to all our supporters by giving them additional tokens for free.

Well that's very kind of you, but i still think that speculation of rising token value will just get people trading them. I think that getting rid of them all is just impossible.

I totally get your point and I am also sure that they won't manage to get all old ERC20 tokens out of circulation. But nevertheless this buy-back program is a nice idea in my opinion. And it won't have that big influence on the prive of the Erc-20 tokens. The price will probably settle at 1/20 of the native SPTHX.

[SophiaTX]

In order to remove ERC-20 tokens from circulation, we created a voluntary ‘Buy-back’ program for everyone which follows a 1:20 ratio where for every 20 old tokens you will receive 1 new token. Instructions have been released yesterday : https://youtu.be/w4U6Bh-7vVA

Why do you need to remove ERC-20 tokens from circulation? It's not like they are hurting anyone. In fact the rise of the price could just confuse people about their purpose.

Ass we mentioned in previous reply, they are not exactly in circulation, but they are still out there and we want them all in one place so they are not confused with the new SPHTX token. Also this is our way to say thank you to all our supporters by giving them additional tokens for free.

Well that's very kind of you, but i still think that speculation of rising token value will just get people trading them. I think that getting rid of them all is just impossible.

The thing is, you are not able to deposit or withdraw SPHTX ERC-20 token on any exchange. Thats why SPHTX ERC-20 tokens are obsolete and the only thing, what you can do with them is to switch for the new ones with the Buyback program.

[Darkoth89]

In order to remove ERC-20 tokens from circulation, we created a voluntary ‘Buy-back’ program for everyone which follows a 1:20 ratio where for every 20 old tokens you will receive 1 new token. Instructions have been released yesterday : https://youtu.be/w4U6Bh-7vVA

Why do you need to remove ERC-20 tokens from circulation? It's not like they are hurting anyone. In fact the rise of the price could just confuse people about their purpose.

Ass we mentioned in previous reply, they are not exactly in circulation, but they are still out there and we want them all in one place so they are not confused with the new SPHTX token. Also this is our way to say thank you to all our supporters by giving them additional tokens for free.

Well that's very kind of you, but i still think that speculation of rising token value will just get people trading them. I think that getting rid of them all is just impossible.

The thing is, you are not able to deposit or withdraw SPHTX ERC-20 token on any exchange. Thats why SPHTX ERC-20 tokens are obsolete and the only thing, what you can do with them is to switch for the new ones with the Buyback program.

What he probably means are DEXs like ED or FD. People will always have that possibility to buy/sell the tokens there.

[Huucrypto1]

This is really interesting project, I think this will become some kind of "bot" that could be used to analyze the crypto currency market. Thanks.It will be a useful tool.

[Rozita]

In order to remove ERC-20 tokens from circulation, we created a voluntary ‘Buy-back’ program for everyone which follows a 1:20 ratio where for every 20 old tokens you will receive 1 new token. Instructions have been released yesterday : https://youtu.be/w4U6Bh-7vVA

Why do you need to remove ERC-20 tokens from circulation? It's not like they are hurting anyone. In fact the rise of the price could just confuse people about their purpose.

Ass we mentioned in previous reply, they are not exactly in circulation, but they are still out there and we want them all in one place so they are not confused with the new SPHTX token. Also this is our way to say thank you to all our supporters by giving them additional tokens for free.

Well that's very kind of you, but i still think that speculation of rising token value will just get people trading them. I think that getting rid of them all is just impossible.

The thing is, you are not able to deposit or withdraw SPHTX ERC-20 token on any exchange. Thats why SPHTX ERC-20 tokens are obsolete and the only thing, what you can do with them is to switch for the new ones with the Buyback program.

What he probably means are DEXs like ED or FD. People will always have that possibility to buy/sell the tokens there.

People can trade tokens on decentralized exchanges like forkdelta as long as the tokens have not been locked by the team. I have seen some tokens that are locked by the team before listing on centralized exchanges.

[Sarveshjagga]

One of the best projects which is undervalued. The first product coming out in few weeks . this is best buying opportunity

[Altcoinrusher]

One of the best projects which is undervalued. The first product coming out in few weeks . this is best buying opportunity

This is the common trend in crypto.
Most of digital assests have been undervalued due to long bearish market.
In bearish market, there are so many great opportunities for future fortune. 

Even those project which dont have a working platform consider themselves as being undervalued then how much more could they assess for SophiaTX's excellent working platform?

[rendravolt]

One of the best projects which is undervalued. The first product coming out in few weeks . this is best buying opportunity

Yes, if you don't doubt you have to buy in large quantities as a very profitable investment. But on the other hand, the latest information must be considered. In order not to incorrectly predict.

[lobat999]

One of the best projects which is undervalued. The first product coming out in few weeks . this is best buying opportunity

Yes, if you don't doubt you have to buy in large quantities as a very profitable investment. But on the other hand, the latest information must be considered. In order not to incorrectly predict.

Now its ideal if every investor should have due diligence on the project he wants to put money in and not act based on hyped and intuition but must consider every possibilities for a good investment strategy in order to avoid huge losses. Imho.

[o48o]

In order to remove ERC-20 tokens from circulation, we created a voluntary ‘Buy-back’ program for everyone which follows a 1:20 ratio where for every 20 old tokens you will receive 1 new token. Instructions have been released yesterday : https://youtu.be/w4U6Bh-7vVA

Why do you need to remove ERC-20 tokens from circulation? It's not like they are hurting anyone. In fact the rise of the price could just confuse people about their purpose.

Ass we mentioned in previous reply, they are not exactly in circulation, but they are still out there and we want them all in one place so they are not confused with the new SPHTX token. Also this is our way to say thank you to all our supporters by giving them additional tokens for free.

Well that's very kind of you, but i still think that speculation of rising token value will just get people trading them. I think that getting rid of them all is just impossible.

The thing is, you are not able to deposit or withdraw SPHTX ERC-20 token on any exchange. Thats why SPHTX ERC-20 tokens are obsolete and the only thing, what you can do with them is to switch for the new ones with the Buyback program.

What he probably means are DEXs like ED or FD. People will always have that possibility to buy/sell the tokens there.

Yeah, that's what i meant. And don't get me wrong, i am all for buyback program as it will reward people who forgot to swap too.

[muleroaa]

Dear community, we have compiled a list of instructions on how to apply for SophiaTX Buyback.

You can access them here: http://bit.ly/2RzazJj or watch a video tutorial here: https://youtu.be/w4U6Bh-7vVA

Are there any statistics available regarding the amount of coins that have been sent back in the Buyback program?

[SophiaTX]

Dear community, we have compiled a list of instructions on how to apply for SophiaTX Buyback.

You can access them here: http://bit.ly/2RzazJj or watch a video tutorial here: https://youtu.be/w4U6Bh-7vVA

Are there any statistics available regarding the amount of coins that have been sent back in the Buyback program?

You can check here: https://etherscan.io/address/0xBFEd0249222897bEEaA344b07B98f322f6FcD907

[Quangcrypto1]

Nice to see that everything is going well, each trouble faced by the team is getting resolved and the team has proved that they are working hard to deliver something special.Thank you Dev Team for the efforts. And congratulations TX community. I love TX. I love you all.

[SophiaTX]

Dear community, in reponse to numerous questions about SophiaTX Buyback, we have created an article explaining its purpose and why you should participate. 

Read more here: http://bit.ly/2SjUiwW

[SophiaTX]

We are back with another interesting fact about the SophiaTX Blockhain.  

[jvper]

I don't like buyback programs, I think that they are an artificial mean to drive up the price, only in the short term (also, only if you burn said coins/tokens)

In this case it is the opposite: the company is using SPHTX to buy the ERC20, so they are actually going to ignite more and more the supply.

Wait what? How? What erc20 token are you talking about, aren't they buying the sphtx tokens from the decent blockchain?

What SPHTX tokens in the decent blockchain? DCore has got no SPHTX tokens. SophiaTX has its own blockchain, but ERC20 are still around, and will be forever, we like it or not!

[SophiaTX]

We are back with another interesting fact about the SophiaTX Blockhain.  

Where I can visit and get more details about the VAP of Sophia TX's blockchain and its amazing new technology that don't require token's ownwerships of partner companies.

Hello, please check oput our tokenomics document, where you can find more details: https://www.sophiatx.com/storage/web/SophiaTX_Tokenomics_Final.pdf

[jvper]

We are back with another interesting fact about the SophiaTX Blockhain.  

Where I can visit and get more details about the VAP of Sophia TX's blockchain and its amazing new technology that don't require token's ownwerships of partner companies.

Hello, please check oput our tokenomics document, where you can find more details: https://www.sophiatx.com/storage/web/SophiaTX_Tokenomics_Final.pdf

Exactly. VAP is a method where someone pays the fee on behalf of the user, making it pretty easier. Of course, there is something charged for the service of making it easier. It is just an option: somecompanies may prefer to use it, whereas some other companies may prefer not.