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41  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 05, 2018, 07:54:19 PM
i have a channel on youtube, do you have bounty program or referral?

Stay tuned, the information will be announced soon.
42  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 05, 2018, 07:52:17 PM
Hello! Your roadmap is only till the third quarter of 2020, does it mean that the project will be over by then?


Estimated features will be done and project development will be over, but Product will follow the life cycle and new features will be accumulated in backlog and will be delivered based on priority and customer’s demand.
43  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 05, 2018, 07:47:33 PM
i have read that Socium Trade based on EOS, why not eth or other crypto?

The scalability, the speed, the cost. We believe EOSIO has all the necessary tools to provide, and for our platform to work as securely and effectively as possible.

Considering the latest news from Brendan Blumer, CEO of Block.one, who has announced that EOS will channel $1 billion of its historical token sales proceeds towards projects built on EOS. Which should help the development of the projects based on EOS. Which will widen recognition and acceptance of EOS and the projects based on it to the worldwide community, altogether.
44  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 05, 2018, 07:42:57 PM
What will happen if your aims are now reached and Crowdsale does not go so well? Like any backup plan?

SociumTrade is not conducting an ICO to collect funds to start, there is a Token Sale Event only. The product is ready. This is nn offering where you have a chance to buy not invest. There will be no UNSOLD tokens, they will be minted based on the demand.
45  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 09:11:36 PM
What about security of the system? What kind of protection you will have against hackers attacks?

The Core will be primed with advanced “know-your-customer” (KYC) and anti-money-laundering (AML) services. We’ve been putting a lot of effort into safeguarding the system against potential external threats and avoiding legal grey areas. Furthermore, we’re planning to equip the back-office with a compliance system, that will ensure that SociumTrade adheres to international standards which apply to the wide array of asset classes that will be traded on the exchange. It will also enable SociumTrade to dynamically adjust to the fluid legal landscape and avoid costly interruptions to the platform’s operations.

The wallet service – the main part of Socium Hybrid Exchange – enables secure and decentralized storage for crypto assets in native or emulated smart contracts, meaning that SociumHEX has no influence on the client’s funds. So funds-locking, hacker attacks and potential scams become a thing of the PAST.



What about our data storage?

If you are referring to personal data, then all user data will be stored securely and in accordance with international standards such as the EU’s General Data Protection Regulation Law.
46  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 08:58:32 PM
What about security of the system? What kind of protection you will have against hackers attacks?

The Core will be primed with advanced “know-your-customer” (KYC) and anti-money-laundering (AML) services. We’ve been putting a lot of effort into safeguarding the system against potential external threats and avoiding legal grey areas. Furthermore, we’re planning to equip the back-office with a compliance system, that will ensure that SociumTrade adheres to international standards which apply to the wide array of asset classes that will be traded on the exchange. It will also enable SociumTrade to dynamically adjust to the fluid legal landscape and avoid costly interruptions to the platform’s operations.

The wallet service – the main part of Socium Hybrid Exchange – enables secure and decentralized storage for crypto assets in native or emulated smart contracts, meaning that SociumHEX has no influence on the client’s funds. So funds-locking, hacker attacks and potential scams become a thing of the PAST.


47  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 08:45:26 PM
What is so special about SociumTrade? There are Bloomberg and Factset are operating by now.

Good question, Hidden_Tycoon, These terminals that you have mentioned are expensive and complicated to use. The price points and the learning curve create sufficient entry barriers to dissuade retail investors from getting involved.

Trading platforms bait users and leave them hanging. Flashy trading and investing platforms attract users by dangling before them the prospects of potential returns, but don’t provide the tools that are necessary for an average person to have a legitimate chance in the open market.
SociumTrade’s approach is different.

SociumTrade is on the cutting edge of technological trends: blockchain and distributed ledger technologies (DLT’s) which allay concerns over security and identification, social networks and peer-to-peer systems are bound to see wider adoption in the financial industry. This will push the focus away from the traditional, segregated, centralized, institutionally-dominated operational dynamic to a more individually and socially driven one. Making trading possible for anyone, who wish to trade.


48  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 08:41:44 PM
Is there gonna be an ICO launched for this project?
Yes. Public ICO will start on 1st of December.

What kind of Token you will have? Is it gonna be a public ICO? any bounty program?

Thank you for your question. SociumTrade will have a public TSE starts form December 1st, The Socium Token will be released on the basis of the EOS. Support of this standard guarantees the compatibility of the token with third-party services (wallets, exchanges,
listings, etc.), and allows for easy integration. Socium Token is mintable token.
Bounty program will be announced soon. Please sign up for our mailing list for the latest details.

Do I need to buy Socium token to trade on SociumTrade?

What the initial price of the Socium Token and what happened to unsold tokens? What is a total supply and how many tokens will go on public sale?

Thank you for your question! Total supply is 750 000 000 tokens, there will be no unsold tokens, they are minting based on the demand. More details will be available in White Paper that will be published soon.
49  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 08:35:57 PM
Is there gonna be an ICO launched for this project?
Yes. Public ICO will start on 1st of December.

What kind of Token you will have? Is it gonna be a public ICO? any bounty program?

Thank you for your question. SociumTrade will have a public TSE starts form December 1st, The Socium Token will be released on the basis of the EOS. Support of this standard guarantees the compatibility of the token with third-party services (wallets, exchanges,
listings, etc.), and allows for easy integration. Socium Token is mintable token.
Bounty program will be announced soon. Please sign up for our mailing list for the latest details.

Do I need to buy Socium token to trade on SociumTrade?

Nope, you can leverage from using Trading Terminal while not having tokens. However, you need token to have huge discounts while trading or form public portfolio.
50  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 08:34:36 PM

I was about to ask the same, is there gonna be any restrictions for traders or investors? Im sure there will be a KYC procedure. Is KYC will be a must for Investors?

I like the idea of Pools  - would like to know more on how to join investment pool, as well as will it be possible to organize own?
The Core will be primed with advanced “know-your-customer” (KYC) and anti-money-laundering (AML) services. A lot of effort is being been put into safeguarding the system against potential external threats and avoiding legal grey areas. User data will be stored securely and in accordance with international standards such as the EU’s General Data Protection Regulation.

Investment pool can be open or closed, with open pools accepting unsolicited applications, and membership in closed pools available only by invitation. When an investor receives an invitation to join an investment pool, he receives the terms and bylaws of that investment pool, as well. Those terms govern investment rules, profit sharing, and fee structures associated with the investment pool. Unlike trading consortiums, in investment pools the founder can charge a management fee for the services he or she provides. An investor must accept the terms of the investment pool in order to join it. Yes, you will be able to organize your own pools, say a "family pool", for instance.

We are represented here as the family and trading crypto together with wife, how does an investment pool works? If we would want to combine our investments, can we find other investors to join our pool? Will be that possible on the SociumTrade platform or we need to find beside the platform?

You are welcome to be a part of SociumTrade family! An investment pool allows multiple investors to aggregate their resources and enter the marketplace as a single entity. An investment pool is managed by a single investor who is responsible for resource allocation of the pooled capital. Each investment pool is governed by rules agreed upon by participants and stored on and enforced by a smart contract. If you have a different portfolios and acting as different traders, you may join into closed investment pool and allocate your funds, and attract other investors who have profiles registered on SociumTrade platform. Investment pools act like individual investors. The pool invests capital as a single entity and signs agreements as an entity. Fees and profits are transferred to and from the pool’s wallet. Users can view the performance history and trader allocations of the investment pool.

51  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 08:01:14 PM
Is there gonna be an ICO launched for this project?
Yes. Public ICO will start on 1st of December.

What kind of Token you will have? Is it gonna be a public ICO? any bounty program?

Thank you for your question. SociumTrade will have a public TSE starts form December 1st, The Socium Token will be released on the basis of the EOS. Support of this standard guarantees the compatibility of the token with third-party services (wallets, exchanges,
listings, etc.), and allows for easy integration. Socium Token is mintable token.
Bounty program will be announced soon. Please sign up for our mailing list for the latest details.
52  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 07:55:59 PM
I don't see where I can register on your website. Could you help?

All you need to do now is to subscribe to Our mailing list, we will keep you updated on further procedure. All the latest news and updates can be followed through Facebook, Twitter, Reddit, Instagram, LinkedIn, Medium, YouTube and Telegram. We are also have our own blog on website.

53  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 07:51:23 PM
Is there gonna be an ICO launched for this project?
Yes. Public ICO will start on 1st of December.

Should investors create a portfolio? Or they can simply choose between traders and contact them directly?

Good question. Yes, in order to trade on SociumTrade platform, you will be required to create own portfolio and pass the KYC procedure.
Just with one account you receive a seamless access to all our products.
54  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 07:46:35 PM
do you have airdrop or referral?

SociumTrade will have a referral program, please subscribe to our mailing list to get the latest updates.
There will be no Airdrop.
55  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 07:44:44 PM
hello, how investors will be monitoring distributions of funds?

Thank you for your question. The Socium Deals Executor – a fully decentralized investment engine, will control funds and funds distribution in the following ways:
Deal constraints like duration, effective date, amount, asset classes, fees and number of participants.
Interaction with SociumTrade via smart contract-exposed methods.
Assemble permissions for associated portfolio
56  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 07:37:28 PM
how does it work?

Thank you for your interest in SociumTrade. SociumTrade is on the cutting edge of technological trends: blockchain and distributed ledger technologies (DLT’s) which allay concerns over security and identification, social networks and peer-to-peer systems are bound to see wider adoption in the financial industry. This will push the focus away from the traditional, segregated, centralized, institutionally-dominated operational dynamic to a more individually and socially driven one.

We already have fully functional version of the product. Traders will have a user-friendly portfolio management tool to analyze performance, allocation and risk, as well as make orders. Investors will have a similar construct for managing traders that they have funded.
Group entities will have their own profiles and management suite. A peer-to-peer review system works in conjunction with the KYC and AML protocols to provide additional clarity regarding each user’s persona. SociumTrade aims to remove all ambiguity surrounding any participant, so that everyone can feel confident about their interactions and transactions on the platform.
57  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 07:29:15 PM
So there will be an ICO? Bounty program? Do you plan airdrops?

Yes, we will announce a public TSE very soon and the launch date 1st of December 2018. As for the bounty program, please subscribe for an updates, we will keep you up to date with our progress and let you know when we are ready. There is no airdrop planned.
58  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 07:25:48 PM
I like the feature that there will be a possibility to get a loan. Users on the platform can get loans (in fiat currency) using crypto-assets as collateral. I see that smart contracts are ensure execution. Can we get more details on how its gonna work?

Yes, there are three main ways traders can attract funds on the platform: direct capitalization by an investor, joining a trading consortium, or taking a loan from an investor. For those with a higher appetite for risk, there will be a loan market where traders can negotiate favorable terms without going through and paying intermediaries. These instruments lower market barriers, enabling talented traders who lack start-up capital to get started. Users will be able to make loans available at custom-set interest rates and be matched with loan seekers by our engine.
59  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 07:21:38 PM
As a freelance trader, I am highly interested in your project, though not much info is provided yet. Subscribed to the newsletters, so hope to hear from you guys soon!
And so far I'm interested if I will be able to create and manage multiple portfolios as a trader? I.e. one in a consortium and one (or more) individually.

Thank you for your question. Traders will be able to create portfolios for different strategies and present multiple offerings to the market. The portfolio management suite that will be available at SociumTrade Platform will allow for quick analysis of performance and risk metrics, asset weights, and costs. It will also enable users to make changes both on the holdings level and individual portfolio level.
60  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 📈SociumTrade 📉 – Social Trading & Investment Platform on: October 03, 2018, 07:18:55 PM
From the first sight, I do not think i have come across of something similar before, yes there are trading platforms but i see no features that you offer there. The idea of consortium and investment pools sounds really great! Very promising. Signed up for e-mail updates. When we hear about the details and white paper? What about minimum investment for investors to start to trade with? Thats crucial to know, if I can invest with some minimum. So looking forward for details.

Thank you for interest in SociumTrade! White paper and more detailed information will be published soon, stay tuned. You will definitely hear more from us!
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