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.
So it will be a token on sophiatx blockchain. I didn't know sophiatx blockchain is allowing to create tokens. Still, i like their project and it is good that you chose sophatx.
it will only be token on the ethereum platform at first and change afterwards to a blockchain that more suits their needs.
So what about wallets? Will it be possible to use our old ones or should we create the new ones. Damn, you don't change horses in mid.
For the ITE you need to have a wallet ready, and it needs to be holding one of the currencies we are going to be accepting during the ITE, eg. BTC, ETH, LTC, EOS, OMG, BAT, or SPHTX. We are going to have a blog post about all of this next week, so please wait till then.
Also, for anyone else looking for more information on the process how this will be going, you can read our article
here .
And
here you can read about how to set up your wallet on MyEtherWallet.
