SonoCoin is Swiss blockchain project offering data-over-sound solutions to enterprises based on its native blockchain protocol.
The coin's .WAV file format gives anyone the power to transmit value and information using simple methods of delivery such as sound (similar to Shazam), messenger, QR and Bluetooth. SonoCoin’s blockchain platform is a “b-to-b-to-c” (b2b2c) model, where SonoCoin opens its blockchain platform to companies allowing the further development of its underlying technology to accommodate the needs of their customer base.
SonoCoin’s value will be directly linked to the demand for ‘gas’ needed to process operations on the blockchain. As activity increases on the SonoCoin blockchain, the demand for SonoCoins to process transactions will rise.
SonoCoin’s blockchain network will allow for corporations to build their own white labeled data-over-sound solutions. In order to verify transactions and to process the operations on the SonoCoin ecosystem, businesses would need to use the SonoCoin coins (Proof of Stake protocol, transitioning to Proof of Contribution), thus giving value to each coin. Ultimately, the SonoCoin team can build a tailor-made token to be used within the ecosystem of each corporation using the SonoCoin blockchain.
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SonoCoin back-end infrastructure development begins.
2
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.
3
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.
4
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.
5
Q4 18/Q1 19
Media, Entertainment and Advertising Reach Out Program;
Marketing Bounty Campaigns;
ICO Launch Main Event (native coin & protocol).
