Sphinks Token

Sphinks Token

The Future Of Decentralized Money

Sphinks Token is a decentralized stablecoin project with no reliance on traditional systems and trusted third-parties. It initially pegs to the USD, though has the capability to transition to a new form of a stable system that has no susceptibility to hyper-inflation or reliance on underlying commodities. The project focuses on harnessing open and decentralized technologies to provide user-friendly monetary systems with next-gen features. It aims to provide private accounts and transactions, smart contracts, fee-less and near-instant transactions, zero reliance on traditional systems and trusted third-parties, high-throughput for global merchant and consumer adoption and a decentralized exchange with negligible exchange fees.

Milestones
Whitepaper v0.5 [completed]
Write initial version of whitepaper.
Build website & v0.5 on NEM (Beta) [completed]
Build website. Fork NEM NANO Wallet and modify. Implement back-end infrastructure.
ICO [in progress]
Launch ICO.
Relocate to crypto-friendly nation
Founder-CEO to secure the development/effectiveness of the project by relocating to cryptocurrency-friendly/tax-free nation.
Hire CTO & advisers
Hire full-time team members.
Revamp website
Professionally upgrade website.
Recruit marketing
Conduct ongoing marketing to promote awareness of the project.
Exchange listing(s)
Attain exchange listing(s) for the initial version.
Build v0.5 on NEM
Modify/add functionality and features to the initial version.
Whitepaper v1.0
Expand whitepaper to include all information relevant to the standalone version.
Build v1.0 (Beta)
Build basic standalone version on own blockchain (replaces initial version).
Meet global regulatory requirements
Determine/meet global regulations (community interests may be maintained once the project is relinquished to the community).
Conduct v1.0 security audit(s)
Conduct software code and security audit(s) on standalone version.
Exchange listing(s)
Attain exchange listing(s) for the standalone version.
Build v1.0
Modify/add functionality and features to the standalone version.
Financial
token info
Token Name SKFT
Token Platform NEM
Ico Token Price 0.1000 USD
investment info
Restricted Areas USA, Australia
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