7.3 Mio USD raised in ICO and already running out of funds?
https://icobench.com/ico/sophiatx
Assuming 150k/a for Swiss-salaries, 10FTE could work for 2 years with 3.000k USD?
4.3 USD Mio still left then?
As well assuming Equidato and the project holds some tokens, some actions to maintain the token price would have helped now to raise funds by selling tokens ?
Didn’t the CEO proudly announce in the AMA that they don’t care about crypto-seasons and have millions in the sales-pipeline?
Big damage for ICO-fundraising if even Swiss-Projects run out of funds, without delivering remarkable results, after raising 7.3 Mio USD in an ICO.
I've seen start-ups delivering far more with 500k funding.
Topic: [ANN] SophiaTX Announcement - The Blockchain for Business - page 3. (Read 67298 times)
Why so big discount atm? 
The deadline day is important, because price might dramatically move before or after the deadline day.
Some days around the deadline, we might see something interesting.
Please give me deadline of the SophiaX's buyback program.
Some days around the deadline, we might see something interesting.
Please give me deadline of the SophiaX's buyback program.
Why do you think that the date of the end for their buy-back program will have any influence on the price of the ERC20 tokens (yes, the old tokens on the Ethereum platform). Where are they ever tradeable? Only on Fork/Etherdelta?
The end of the buy back program wouldn't have any impact. If it's over why should it still have any impact?
The reason is the terrible price drop in the last year?
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project
The team is not making any effort in market this is the best case study for all investors who invested in it and now this looking like dead project. We don't have active community and slowly slowly it losing its value maybe in coming days it will be back on track but chances are very smart at this time.
What are you talking about? The team is actually quite active compared to a lot of other projects. Just a few weeks ago we got the news of the first real-world business application of SophiaTX. Not sure what you want more? I mean, it's not their fault when people are impatiently selling.
That is quite right! If they could only examine the team's progress in developing this project then they could appreciate it. And I say that its quite a bit ironic that those projects with real development suffered from low prices of their tokens whilst other that don't even have a Beta version and just have a mere idea seems to thrive.
The reason is the terrible price drop in the last year?
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project
The team is not making any effort in market this is the best case study for all investors who invested in it and now this looking like dead project. We don't have active community and slowly slowly it losing its value maybe in coming days it will be back on track but chances are very smart at this time.
What are you talking about? The team is actually quite active compared to a lot of other projects. Just a few weeks ago we got the news of the first real-world business application of SophiaTX. Not sure what you want more? I mean, it's not their fault when people are impatiently selling.
The reason is the terrible price drop in the last year?
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project
If you've read the whitepaper and follow its development progress, maybe you could appreciate the project as well and since you've stated that you've lost your capital, maybe you've sold them way below your entry price and that is unfortunate. As a general rule, we should only invest on what we can afford to lose but I guess with this token, holding it long term would surely recover all your initial investments.
The reason is the terrible price drop in the last year?
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project
The team is not making any effort in market this is the best case study for all investors who invested in it and now this looking like dead project. We don't have active community and slowly slowly it losing its value maybe in coming days it will be back on track but chances are very smart at this time.
The reason is the terrible price drop in the last year?
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project
some syndicate of buyers trying to sell at the low price and make the stable price at a low price hopefully the price come back to normal
In a low volume market everything is possible. Too much speculation at this point. As soon as the platform is live with millions of transactions everyday it will change.
Main net is already live, though its the speculation that affects SPHTX price but eventually it will rise considering the project has positioned itself in a unique niche in blockchain industry.
Looking forward to the project, just so you guys know: the link towards this thread is not working through the airdrop site. Gl gl
some syndicate of buyers trying to sell at the low price and make the stable price at a low price hopefully the price come back to normal
In a low volume market everything is possible. Too much speculation at this point. As soon as the platform is live with millions of transactions everyday it will change.
some syndicate of buyers trying to sell at the low price and make the stable price at a low price hopefully the price come back to normal
What was that with the sharp price drop recently?
Someone or a few people tried to sell some SPHTX in a low volume market. That's what happened...
What was that with the sharp price drop recently?
Aside from the buy back program, is there any news about possible partnerships with the platform and how was SophiaTX's progress in terms of adoption?
What is the deadline for the buyback program?
Good question and I just scanned through their blog about the buy-back program. But there wasn't any exact date mentioned. My guess is that there is no real deadline for it, because they want to remove all old ERC20 tokens from circulation.
That would be good, I am currently traveling and have no access to my Ledger. An answer from the team would be appreciated though
The deadline day is important, because price might dramatically move before or after the deadline day.
Some days around the deadline, we might see something interesting.
Please give me deadline of the SophiaX's buyback program.
Some days around the deadline, we might see something interesting.
Please give me deadline of the SophiaX's buyback program.
Why do you think that the date of the end for their buy-back program will have any influence on the price of the ERC20 tokens (yes, the old tokens on the Ethereum platform). Where are they ever tradeable? Only on Fork/Etherdelta?
The deadline day is important, because price might dramatically move before or after the deadline day.
Some days around the deadline, we might see something interesting.
Please give me deadline of the SophiaX's buyback program.
Some days around the deadline, we might see something interesting.
Please give me deadline of the SophiaX's buyback program.
Take care when it comes to trading deadline days as there might indeed be some surprising price movements.
What is the deadline for the buyback program?
Good question and I just scanned through their blog about the buy-back program. But there wasn't any exact date mentioned. My guess is that there is no real deadline for it, because they want to remove all old ERC20 tokens from circulation.
What is the deadline for the buyback program?
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