Decent Platform Currently Undervalued

 Recently published article in Forbes Magazine about Sofia TX is a game changer for blockchain and cryptocurrency.

From Forbes Magazine italicized below

A joint venture between Swiss-based blockchain content distribution platform DECENT and Venaco Group, an independent “best-in-class” SAP advisory, innovation and implementation services firm, has revealed the formation of a blockchain platform and marketplace for “businesses of all sizes,” called SophiaTX. The business behind the venture plans to launch an initial coin offering (ICO) in the next few months.SophiaTX is a project led by Equidato Technologies AG, a Swiss based joint stock company, which has been formed for the venture by veterans of “best-in-class” SAP integration experience.The joint venture is touted as making them the “first open source platform” ever to primarily integrate blockchain technology with SAP, allowing both users and integrators to use blockchain.

Review the Forbes Magazine  article in full before diving into our breakdown below:

The SAP platform drives a gigantic amount of data on a regular basis.  This means lots of transactions in a blockchain and lots of verification which means lots of traffic and revenue. By building an interface that allows companies around the world to interface to the blockchain it opens up the entire business market across all borders and classes. to blockchain and cryptocurrencies.  The byproduct of this is more people being exposed to blockchain and cryptocurrencies. The team working on SophiaTX has broad experience in the market, check out their linkedin profiles and company profile pages.  They are all legit profiles they all have long track records in their industry.  Many ICOs cobble together people from unrelated industries with little or no experience in the field their are funding into. The marketplace of SAP integration is enormous and at this point completely untapped to the blockchain.  There will be followers but Venaco Group will have first mover advantage. What Venaco Group will be doing in the SAP space with SofiaTX will be very disruptive.This type of SAP integration typically has very good margin in terms of revenue. Many ICOs that have raises tens or hundreds of millions have been nothing more than a white paper with nothing more than a road map.  Many times the road map is completely unrealistic/   SofiaTX has teamed with Decent DCT to access the blockchain. 

Decent is a real company with a real product and is hiring.Decent has a very limited number of coins compared to the typical ICO or cryptocurrency company and they are an actual company, producing actual product with a client coming on board that will be able to drive vast amounts of traffic through their network.  Which means their network could control a vast amount of transactions and revenue. DCT market cap today is around $25 million which makes it way undervalued in my opinon.  Especially when you compare them to market caps of some cryptocurrencies that exceed hundreds of millions with no product, service or platform.  When investing in cryptocurrencies the best investments are into the platforms and into companies that have a working product or a strong proven team that can rapidly scale said product. What these two companies are tapping into together is nothing short of game changing.  Their partnership will create some of the first steps into the day to day business world for bitcoin, cryptocurrency and blockchain.  Many using this technology in the near future will have no idea what is going on under the surface of their keyboard but if you are investing and research blockchain, crypto and bitcoin then you will be one of the lucky few.  

The above breakdown is a brief overview of how I rank companies in crypto to invest in.

Am I a DCT hodl’r you bet your ass I am!  And I will be going in on SophiaTX ICO when it comes out.  This post is solely my opinion.  

$dct #DCT #decentplatform #SAP #sophiaTX

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