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Sioux Falls
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Review on Biotron by Tim Solorzano

Revainrating 3 out of 5

So it will be a token on sophiatx blockchain. I didn't know sophiatx…

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.
I would say we are glad here for any tokens' entry of the market, and only after that we may seek for the better. The exchanges are different, the tokens are the same, so it's really hard to say how it's gonna be in the future
Hmmmm the amount was told some pages back too, that's where I got the numbers from. Not sure why the article is not available anylonger.
The decision about blockchain platform is still under investigation. Blockchain (or distributed ledger) has only supportive function in our product. At the moment Ethereum is not suitable for micropayments. It’s limited by speed (~ 10tx/s) and smart contracts are limited with number of operations you can perform. If ethereum becomes faster and cheaper, we may consider it as our blockchain platform.



Pros
  • This type of support from devs is always good for project and investors. And my evening read will be biotron whitepaper. It depends on the project team's adjustment according to the market reaction. Anyway, this is a must. At first glance, the project looks very interesting. But I am confused by the fact that they accept any tokens erc20. It looks very strange. I assume you can choose which apps and sites should get tracked but don't know how much you can decide then.
Cons
  • and that's where the value of the token will come from. the more people want to interact with the platform, the higher the value. Check out the chapter about use cases in the whitepaper. John creates a Biotron account, downloads the app, installs the web extension and links his car, thermometer, 3D printer, and other IoT devices he owns with his Biotron account. Now John has joined the Biotron nation of millions of people who make money and improve our world by voluntarily sharing their data.