Curious about CYDGX, appearing next to the PHILOSHOPIC brand name? 🧐

CYDGX, which stands for Cyprus Digital Goods eXchange, was an idea for a project by one of our cofounders – i.e., to create a marketplace where multiple digital products distributors and retailers could share inventory when they ran out of stock of certain digital goods. So, the company was originally registered as CYDGX LIMITED. Eventually this ended being just the legal name as the vision of the company was way beyond such a service and the brand name PHILOSHOPIC was far more representative and got established!

Ever wondered about the story behind our name?

🔍 Let’s explore it together!

PHILOSHOPIC, PHILO- from the Greek prefix φιλο-, the first compound of words indicating preference or love for what is defined in the second compound. SHOPIC refers to the verb shop, with the suffix -ic attached to form an adjective meaning of or relating to.

One of the most common words using this prefix is “philosophy” – which originates from the Greek word philosophia (φιλοσοφία) – meaning “love of wisdom”. Philosophy is the study of general and fundamental problems, such as those connected with reality, existence, knowledge, values, reasons, mind and language. When the shopping process is what you love and are passionate about, you turn PHILOSHOPIC!

So, just as ancient Greek philosophers solved many problems through continuous wandering, our deep engagement with businesses and their customers – the consumers – allows us to explore how their operational challenges can be transformed into business opportunities. By applying the right technologies and approach, we create Solutions that meet their real needs solving real problems.