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661  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SOMA - The Social Marketplace on: November 12, 2017, 04:01:27 AM
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.

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”.''
662  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☀️ [ANN] ☀️ USA, NY based Startup|MVP - Nov. 7th - reOrder Gateway on: November 12, 2017, 03:52:21 AM
Previous days was really rough with $280M ethereum funds frozen and Bitcoin's Segwit2x insecurities.
Please be patient we will announce the next stage after November 16th event. https://support.coinbase.com/customer/portal/articles/2892985-segwit-2x-faq

I am confused now. This fork was suspended, why do you post this link?
663  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 11, 2017, 10:46:46 AM
How is ico going?

It is going great. You can check the progress from here: https://utrust.io

there is only 10 days before cowdsale ended ,every thing run smoothly.

Everything did really not go smoothly, a lot has happened. ICO got extended. A lot of people were complaining. But good things happened too, so I am patiently waiting for the token sale to end and see how Utrust will do on the market.
664  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SOMA - The Social Marketplace on: November 11, 2017, 10:40:27 AM
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.
665  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☀️ [ANN] ☀️ USA, NY based Startup|MVP - Nov. 7th - reOrder Gateway on: November 11, 2017, 10:32:52 AM
ICO is now running a couple of days. Does anyone know how much money they have already raised? Couldn't find anything on their website.

Many people suggested already a counter, but there has not been a change yet. Hopefully the devs will read this
666  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][AirDrop2] 🔥🔥EtherFlyer - Solid Decentralized Exchange Platform🔥🔥 on: November 11, 2017, 09:39:47 AM
This project looks really promising! I am impressed.
667  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] DAO PlayMarket 2.0 - App Store based on the blockchain and smart contracts on: November 11, 2017, 08:42:04 AM
Its less than 9 days to go before stage 1 will end and the ICO is getting good results at such an early stage. Smiley

yes lets invest now, stage 1 can also over in 2 or 3 days when the cap reached Wink

I didnt know there was a cap for each stage? But I see it now on the site: until the end of OF THE STAGE 1 there are 401 492 PMT

This makes things more interesting
668  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 11, 2017, 07:52:51 AM
where can we store the coins after the ICO ? There isn't any wallet

This is not a coin. This is ERC20 tokens. So you can store tokens in some of ETH wallets like MyEtherWallet

Buy a Ledger Nano S and use it with Myetherwallet. That is the best combination right now to hold your coins for long term.

You can also use Ledger Nano S own cryptocurrencies wallet interfaces: Ledger Apps (free Google Chrome applications). It is a small investment, 65$ but I would definitely advise everyone to store their Utrust tokens safely. And over time when the platform is live, probably move over to that
669  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SOMA - The Social Marketplace on: November 11, 2017, 07:43:45 AM
Looking forwars to try the app or the web app, any chance to get a preview FIEX ? Grin

FIEX announced in the previous page that the app/web version will probably be ready in december. But if we can get a preview that will be awesome!
670  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☀️ [ANN] ☀️ USA, NY based Startup|MVP - Nov. 7th - reOrder Gateway on: November 11, 2017, 07:41:55 AM
The project is undoubtedly interesting and necessary, but how long will it take to implement it into the system?

Not that much, most of the installation are going to happen the next year, starting from January

As I feel Q1 2018 is the booming time for all these new projects and venture. I hope implementation will be done at the earliest and if we see the users start accepting it then we will have a bright future.

I really think 2018 is going to be a year where we are going to see some results of the long term projects. Really exciting times now and happy that I can witness it. For the restaurant market it is also time for some new technologies, I think reorder came in a right time
671  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] [NaPoleonX] 1st 🌟French🌟 algorithmic crypto asset manager 🚀 on: November 11, 2017, 07:35:47 AM
The forks are over now and NaPoleonX can start tomorrow the ico.
Cant wait Smiley

I was surprised, but it is the pre-sale that is starting tomorrow ''Pre-sale starts in 1 days 15 hours 25 minutes 0 seconds''

ICO PERIOD DEC 4th 2017 - JAN 4th 2018
672  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] DAO PlayMarket 2.0 - App Store based on the blockchain and smart contracts on: November 11, 2017, 07:20:36 AM
Its less than 9 days to go before stage 1 will end and the ICO is getting good results at such an early stage. Smiley

This will make people want to buy before the sales goes to stage 2, because it is a bit more expensive.
673  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 11, 2017, 07:16:55 AM
How is ico going?

They sold 3 million tokens since the last time I checked and I check every day  Tongue So it going pretty good, they might sell out
674  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SOMA - The Social Marketplace on: November 11, 2017, 07:13:30 AM

SOMA token sales ends in 5 days, I wonder what they will do if the sales will not increase. Another extension of the ICO ?

There isnt much news coming from SOMA these days. They are working hard on the Android app and web version but this will not be done before the end of the ICO. They hope to get them ready in December.

More updates will come.


Well it is good news that they are working hard on the Android app and web version. December is only few weeks away.
675  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☀️ [ANN] ☀️ USA, NY based Startup|MVP - Nov. 7th - reOrder Gateway on: November 11, 2017, 07:08:35 AM
nice, reOrder Implementing this platform in over 2000 restaurant
thats sound to a stable cash flow Smiley
Really, where did you get this information? Did they already have an agreement with these restaurants?
676  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☀️ [ANN] ☀️ USA, NY based Startup|MVP - Nov. 7th - reOrder Gateway on: November 10, 2017, 03:09:11 PM
Just wanted to read more reviews about Reorder, but I could not find much. They are listed here https://coinclarity.com/ico-events/reorder/ but some info is missing. I suggest Reorder should work more on their marketing, because the ICO market is very competitive right now
677  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SOMA - The Social Marketplace on: November 10, 2017, 03:03:34 PM
I dont think they will extend the period again, the soma team extend the ico period the first time cause the market was à it hard during end October and early November, but they already reached the soft cap. So they don’t have to extend again the project has enough fund to go on and its great !

Nowadays market situation is pretty complicated and cryptoworld is quite unpredictable itself, so they would have to do with the amount they raised. Which I also think is ok for now. Extending the ICO again would only raise more questions and doubt and we don't need this, since majority of negative events are perceived as scams.

The recent drop of bitcoin is not helping either I think. SOMA is very unlucky with the timing of the ICO. In another period, this kind of project would have sold a lot more
678  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: November 10, 2017, 02:58:57 PM
FINMA make the rules and we follow and therefore we are - as you say - regulated by them. We have KYC & AML in place and comply with all the current regulations laid upon us by them. More importantly, we have never stated anywhere that are partners or have any kind of partnership with them, so please stay true to the facts here.

This is not difficult to explain. Many ICOs that are located in Switzerland don't do KYC&AML and are not compliant to FINMA's regulations and therefore act in non-compliant manners. What this means for them in the future is anybody´s best guess.

Another hint is that Filipe is going to represent UTRUST in a conference in Switzerland very soon.

See the companies that are going there:
http://forums.theasianbanker.com/switzerland-wealth-innovation-tour/speakers

Regarding being registered as a financial payment provider or authority: Of course we are not yet, these registrations come hand in hand with large amounts that need to be paid and we are still in the fundraising stage at this point.

Hope this helps!

I am happy you replied very fast to the accusation about FINMA. This helps a lot, thanks!
679  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☀️ [ANN] ☀️ USA, NY based Startup|MVP - Nov. 7th - reOrder Gateway on: November 10, 2017, 02:48:29 PM
I know I"m repeating myself, but we have already seen a video with a demo, but I think it would be nice to see a real life demo.


Maybe is not the same, but you could try the demo in the thread starter to have an idea

It's sure that it could be a good idea. Cryptocurrencies are often assimiled to virtual work and giving a real lie demo of the product could have a good impact on the ICO.

would be nice if some interviews with Dev team. everyone get to know team behind this project.

That would be a great idea to attract more investors for this project. Smiley

Oh yes and in this interview they could show their prototype and how it works Cheesy

Almost every ICO now is having an interview on youtube. This is a must if you are having an ICO now
680  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SOMA - The Social Marketplace on: November 10, 2017, 12:23:21 PM

SOMA token sales ends in 5 days, I wonder what they will do if the sales will not increase. Another extension of the ICO ?
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