The reward system is very interesting. SOMA calls it ''P2P marketing'', users can gain SOMA Community Tokens by promoting the items that are listed for sale on the platform. This way the popularity of the Soma Community Token grows, which makes is worth more.
I know some people working online, they do this kind of stuff as a fulltime job. I can see this platform really growing.
I know some people working online, they do this kind of stuff as a fulltime job. I can see this platform really growing.
Is it kind of affiliate system or they have made some other tracking system to track the sales?
So how will this promotion look like? Will you promote any item you want and if it get sold you will get extra tokens? What exactly you will need to do?
I looked it up in the whitepaper, but there is no technical explanation yet, this is what I found on page 8
''Rewarding System
Soma utilizes the Ethereum blockchain to create a comprehensive trading platform that leverages social capital and creates
a community that aids social interaction between users. In the Soma, the contribution to the social capital in terms of value
creation is materialized through User Rewarding System (URS).
URS is based on Soma Community Token (SCT), which is an ERC20 Token that is allocated inside the platform in relation
to a user’s contribution individually, thus making Soma a ”perfect meritocracy” – a model which excludes the need for third
parties and provides the most efficient distribution of wealth.
The rewarding system in Soma is by nature two-fold. First, it must be recognized that every time user adds value to the
community it should be rewarded for its actions. Second, the compensation must be attributed in the proportion of the
value created. In Soma, this becomes reality by providing an environment that enables the exchange of social capital to
SCT in the course of a bargaining at the free markets. Thus, Soma provides the ability and incentive for its users to engage
in such conduct and the market mechanism ensures perfect pricing in the community.
SCT will be designed to satisfy both of these underlying ”Community Principles”.''