SonoCoin IEO Rating, Reviews and Details

Jul 1, 2018

Oct 31, 2018

100% completed

Raised funds - no Data

30 000 000.00 EUR

past

Token Details

Accepted Currencies

USD, CHF, EUR

Company Details

Registered Country

Switzerland

Additional Details

KYC

Yes

About SonoCoin

Challenge: itcoin’s dominance over the cryptocurrency market is at its lowest level ever dropping over fifty percent within the last year. Scalability limitations have led consumers to search for alternative cryptocurrencies in the retail industry. Bitcoin’s ten-minute block time is troublesome for retailers as it becomes unreliable for daily transactions. The Lightning Network update aims to improve Bitcoin block times, but the currency remains limited to Traditional wallet-to-wallet exchanges.

SonoCoin solution: SonoCoin stands to benefit from the recent level of interest in alternatives by revolutionizing means of transfer using six transactional methods including sound, near-field-communication, and QR code to name a few. We believe SonoCoin can satisfy the evolving expectations of consumers by offering a highly scalable network with two-minute block times and multi-payment solutions tailored to retail needs.

SonoCoin Roadmap

2016

SonoCoin back-end infrastructure development begins.

2017

First prototype of the SonoCoin blockchain is launched;
Audible transactions are introduced to the blockchain;
Initial coin pre-sale offered publicly to the community.

2018

Roll-out and first marketing efforts;
SonoCoin application interface update;
SonoCoin partners with Swisscom Blockchain;
SonoCoin sponsors OpenGeneva, an innovation festival and Geneva-based hackathon;
SonoCoin event organized by Lift:Lab presented to industry leaders and public;
SonoCoin launches the Bluetooth & WIFI transaction method;
SonoCoin signs listing agreement with EXMO exchange;
SonoCoin begins the protocol stabilization process.

Q4 2018

Cantonal Tax Ruling;
Code & Protocol Audit;
Test Net Deployment;
KYC/AML Process Setup for Main Sale;
Public Coin Issuance Platform Setup;
Main Net Beta Release.

Q4 18/Q1 19

Media, Entertainment and Advertising Reach Out Program;
Marketing Bounty Campaigns;
ICO Launch Main Event (native coin & protocol).

Q1 2019

Private Bug Bounty;
Public Bug Bounty;
EXMO exchange listing;
SonoCoin neural network (AI) TX fee algorithm;
Ongoing Discussions with Commercial Partners;
Proof-of-Stake Node Software;
Mobile/Desktop Software Updates (UX).

Q2 2019

Broadcast Transactions;
Ultrasonic Frequency Transactions;
NFC Transactions.

Q3/Q4 2019

Smart Contracts;
Initial Pilot Tests – Proof of Concept;
Proof of Contribution Consensus.