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Topic: [ANN] Biotron.io Announcement - Transparent personal data analytics platform - page 49. (Read 29547 times)

jr. member
Activity: 168
Merit: 3
welcome to my world
That was basically my question too, since if I understood correctly BTRN is going to be an erc20 token, how it will be interoperable with sophiaTX? That's why my first guess for whatever chain they will use was Ark

It could be that it will be an ERC20 for the purposes of the ICO only. People know how ICOs on Ethereum work. Also, since the Sophia chain isn't working yet they need something until it goes live. Later, they could swap the tokens to something new on the Sophia chain.
That´s right, BTRN is going to be running erc20 only in the duration of the ITE. After that, we are planning to launch the final proprietary BTRN on the SofiaTX platform.

Thank you for clarify the situation. So I can get tokens immediately right after investing? And why Sophia blockchain? Wny not own blockchain?
Because developing your own blockchain is ridiculously expensive and very hard to do

And Sophiax blockchain is already developed primarily for business, so overlap with Biotron quite well

the sophiax blockchain is still not developed yet so it's gonna take some time for it to be launched.
But according to the developers they are pretty close to finally deploy it and launch for business use
Yeah, based on the estimates for SofiaTX’s launch, it should work out exactly right for us to launch with them. And as someone here has already said, re-inventing the wheel is useless. Instead of spending the necessar time and money to develop our own blockchain, we are going to use those resources to improvemournservices.
member
Activity: 532
Merit: 50
ONe Social Network.
Sell everything for fiat? No way, do you remember total marketcap in march last year? Ethereum for example was worth $40, you can't expect things to go up forever, even in the current situation it's more then 10X since last year
full member
Activity: 462
Merit: 100
In my opinion they already raised a nice amount for start up, and ICO isn't even started yet, a reason can be that they're going to work with a legit project like SophiaTX

Of course, the amount they raised so far is great. Especially when you see it in the light of the current situation at crypto markets.

We could say that the current amount they've raised was quite remarkable considering the current bearish crypto market we are in now. It looks like there is a real interest among investors for this project. Smiley
Indeed, with this market that amount are very good numbers. I'm sure that the partnership has helped in this.
full member
Activity: 1064
Merit: 166
In my opinion they already raised a nice amount for start up, and ICO isn't even started yet, a reason can be that they're going to work with a legit project like SophiaTX

Of course, the amount they raised so far is great. Especially when you see it in the light of the current situation at crypto markets.

We could say that the current amount they've raised was quite remarkable considering the current bearish crypto market we are in now. It looks like there is a real interest among investors for this project. Smiley

Agree with all the hard time crypto is facing its hard not to sell everything and go back to fiat i guess
member
Activity: 546
Merit: 12
In my opinion they already raised a nice amount for start up, and ICO isn't even started yet, a reason can be that they're going to work with a legit project like SophiaTX

Of course, the amount they raised so far is great. Especially when you see it in the light of the current situation at crypto markets.
member
Activity: 252
Merit: 10
1. Round will will starting with 1BTRN = 0.10 €
is there a Bonus on the first Ico day?

I wish ICO stopped doing bonuses. What are they good for anyway? They just cause more dumping on the first day on the exchange. There are other ways, like dutch auctions.

But i think dutch auctions would not be very suitable for a token sale. I mean, nobody would buy tokens for the initial pice.
There is no need to buy at initial price at dutch auctions.
The price will decrease at every round, till someone wants to buy the tokens.

rigorous is right, i often tend to buy into an ico after they hit the exchanges and bounty hunters and bonus buyer dump the tokens...

this should be stopped imo.
member
Activity: 532
Merit: 50
ONe Social Network.
In my opinion they already raised a nice amount for start up, and ICO isn't even started yet, a reason can be that they're going to work with a legit project like SophiaTX
member
Activity: 476
Merit: 10

Biotron doesn't have a softcap, right? Anyway, it probably doesn't matter anymore, as they already collected 4000 ETH in private sale.

I assume, even if they would have a soft cap, they raised it already with this amount of ETH.

Yes, there is no softcap. I was referring to other projects as well.
The amount of ETH raised in the private sale is already impressive.
full member
Activity: 238
Merit: 131
There is some potential in your project. Keep it up!

yes you are right, i see also really good potential in this project. All the best.
newbie
Activity: 80
Merit: 0
There is some potential in your project. Keep it up!
member
Activity: 308
Merit: 12

Biotron doesn't have a softcap, right? Anyway, it probably doesn't matter anymore, as they already collected 4000 ETH in private sale.

I assume, even if they would have a soft cap, they raised it already with this amount of ETH.
member
Activity: 490
Merit: 10
www.Zercados.com
1. Round will will starting with 1BTRN = 0.10 €
is there a Bonus on the first Ico day?

I wish ICO stopped doing bonuses. What are they good for anyway? They just cause more dumping on the first day on the exchange. There are other ways, like dutch auctions.

Bonuses is the way to attract more investors to join the ICO and without it, maybe none will interested. Btw, what is dutch auctions?

They don't have any bonuses, but the first day of the ICO the price is the lowest and then it will increase day by day. The last, 9th day of the ICO the price  will be 1BTRN = 0.18 €.
This is other kind of bonus and a big one because in the end the price will multiply by almost two.

I think its just the same as an early adopter bonuses being implemented by other ICO's.

It is better for projects if there is a run for the tokens early. Other investors might want to join in. They can also better calculate if they will reach their softcap if there is one.

Biotron doesn't have a softcap, right? Anyway, it probably doesn't matter anymore, as they already collected 4000 ETH in private sale.
member
Activity: 169
Merit: 10
Previously, people gave out information about themselves for free through the use of the Internet, and now they will do it for money and in more detail

Yes, if there is one or more vendors that offer us a profit from it, then for sure we will choose them instead of the previous one which give nothing.
Exactly, previous one gave us nothing and the most important is that now we can choose, if we want to give our data or not.

sr. member
Activity: 1022
Merit: 252
Previously, people gave out information about themselves for free through the use of the Internet, and now they will do it for money and in more detail

Yes, if there is one or more vendors that offer us a profit from it, then for sure we will choose them instead of the previous one which give nothing.
member
Activity: 476
Merit: 10
1. Round will will starting with 1BTRN = 0.10 €
is there a Bonus on the first Ico day?

I wish ICO stopped doing bonuses. What are they good for anyway? They just cause more dumping on the first day on the exchange. There are other ways, like dutch auctions.

Bonuses is the way to attract more investors to join the ICO and without it, maybe none will interested. Btw, what is dutch auctions?

They don't have any bonuses, but the first day of the ICO the price is the lowest and then it will increase day by day. The last, 9th day of the ICO the price  will be 1BTRN = 0.18 €.
This is other kind of bonus and a big one because in the end the price will multiply by almost two.

I think its just the same as an early adopter bonuses being implemented by other ICO's.

It is better for projects if there is a run for the tokens early. Other investors might want to join in. They can also better calculate if they will reach their softcap if there is one.
full member
Activity: 356
Merit: 100
Previously, people gave out information about themselves for free through the use of the Internet, and now they will do it for money and in more detail
member
Activity: 210
Merit: 10
Bitcoin Garden: Biotron Partners With SophiaTX
https://bitcoingarden.org/biotron-partners-with-sophiatx/

Biotron is a personal data analytics platform that uses blockchain for two main tasks within its ecosystem. To facilitate transactions of data and of their proprietary BTRN token, and to host smart contracts between data providers (our users) and data customers.

To reduce the significant investment in infrastructure Biotron decided to seek a partnership with an existing blockchain solution. The sheer volume of transactions and smart contracts (required to provide customers with Biotron’s analytics products) meant that solutions such as Ethereum, Multichain, Waves, and Ark, would not be sufficient. Of these blockchains, only Ethereum is capable of handling smart contracts in limited amounts. However, their transactions are expensive and the blockchain is notoriously slow.

“When deciding on a blockchain, we needed to think about how our analytics could be easily assimilated into an organisations’ existing ecosystem too.” – Pavol Magic, CEO

Biotron sought a partner with an organisation that was just as business focussed as their data analytics’ solution. One that understands how they are using analytics to drive business decision making; and in turn, how businesses will use those analytics. Naturally, the solution had to have all the features required technically and be robust enough to handle potentially hundreds of thousands of micro-transactions quickly. Fortunately, Biotron found both of these in one place. After going through an extensive amount of consulting and exhaustive due diligence process, they are pleased to reveal that will be using a blockchain platform provided by SophiaTX....



SophiaTX is a great project... and the platform is appropriate for the kind of work Biotron is looking to execute. So, their marketing guy leaving SophiaTX to join Biotron is a good thing after all.
sr. member
Activity: 770
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
1. Round will will starting with 1BTRN = 0.10 €
is there a Bonus on the first Ico day?

I wish ICO stopped doing bonuses. What are they good for anyway? They just cause more dumping on the first day on the exchange. There are other ways, like dutch auctions.

But i think dutch auctions would not be very suitable for a token sale. I mean, nobody would buy tokens for the initial pice.
There is no need to buy at initial price at dutch auctions.
The price will decrease at every round, till someone wants to buy the tokens.
full member
Activity: 462
Merit: 100
1. Round will will starting with 1BTRN = 0.10 €
is there a Bonus on the first Ico day?

I wish ICO stopped doing bonuses. What are they good for anyway? They just cause more dumping on the first day on the exchange. There are other ways, like dutch auctions.

Bonuses is the way to attract more investors to join the ICO and without it, maybe none will interested. Btw, what is dutch auctions?

They don't have any bonuses, but the first day of the ICO the price is the lowest and then it will increase day by day. The last, 9th day of the ICO the price  will be 1BTRN = 0.18 €.
This is other kind of bonus and a big one because in the end the price will multiply by almost two.
full member
Activity: 798
Merit: 115
1. Round will will starting with 1BTRN = 0.10 €
is there a Bonus on the first Ico day?

I wish ICO stopped doing bonuses. What are they good for anyway? They just cause more dumping on the first day on the exchange. There are other ways, like dutch auctions.

Bonuses is the way to attract more investors to join the ICO and without it, maybe none will interested. Btw, what is dutch auctions?

They don't have any bonuses, but the first day of the ICO the price is the lowest and then it will increase day by day. The last, 9th day of the ICO the price  will be 1BTRN = 0.18 €.
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