Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SophiaTX Announcement - The Blockchain for Business
by
gerb
on 10/04/2018, 19:49:49 UTC
I've been checking out the project and i must say i like(d) it.

As i had a stroll on the website i noticed that 500,000,000 SPHTX were apparently sold during the ICO, but only 350,000,000 can exist in total (stated on website). how can this possible?
500,000,000 is the grand total final supply, if I recall correctly you must take into account 30% tokens which are destined to "mining", the incentive that they are going to give to node validators when they will have their own blockchain. 30% of 500M is 150M, 500M-150M = 350M which is the amount circulating right now. Of course correct me if I'm wrong

Yes, they said they will deliver all the tokenomics soon, this mean how many tokens will be mined in how much time, inflation if any, etc