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Author Topic: [ANN][ICO] SOMA - The Social Marketplace  (Read 92774 times)
Sozialtourist
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October 28, 2017, 11:43:31 AM
 #1921

perhaps they did not pick up what they had expected could be this the cause of the extension of the ico?...

Well, of course that could be possible but they stated right at the beginning that they don't need a soft cap because they are already backed by an Angel investor. So in theory they should have been able to work with whatever they raise during the initial ICO period.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Elkmar
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October 28, 2017, 11:45:12 AM
 #1922

Segwit and who knows how many forks after that will come along? Hopefully there comes a more stable period after this.

Maybe I'm being too optimistic, but I think that this next fork will be the biggest one. After this, BTC core will have shown that it is the true version and that forks cannot prevail against it. Also, some big names (eg. Roger Ver) will be discredited.

Well, Segwit2X is needed, for me that's the real bitcoin and the true evolution that was needed.
SEELE^^01
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October 28, 2017, 11:55:51 AM
 #1923

Segwit and who knows how many forks after that will come along? Hopefully there comes a more stable period after this.

Maybe I'm being too optimistic, but I think that this next fork will be the biggest one. After this, BTC core will have shown that it is the true version and that forks cannot prevail against it. Also, some big names (eg. Roger Ver) will be discredited.

Well, Segwit2X is needed, for me that's the real bitcoin and the true evolution that was needed.

yes, for me too. the other wanna be forks are like wtf, lets make a fork to pump bitcoin even more... sucks hard nowadays...
AshleyAshes
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October 28, 2017, 12:19:23 PM
 #1924

is soma like etsy?
matjas
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October 28, 2017, 12:37:49 PM
 #1925

I just had a discussion with a friend, he said he didn't believe in a social platform where people can also sell things. I replied by saying that for many platforms I didn't believe they would get big, like Facebook (because there were many forums/platforms before Facebook) or Instagram. So this opened my eyes. Never judge but do your research

I was around for the time that the internet started. I had discussion with people how email is different from internet. Most people I know never thought they would need to sent an email. We have letters right?
Technology comes first, people have to adapt.

A better mouse trap can always be built. Sometimes people don't realize then need something until they use it.

I always try to teach that lesson to people. I've read that it took over 100 years from the invention of the automobile to the first paved roads that changed the infrastructure of the whole world. When the infrastructure improved, the technology took over. People would no longer ride horses, but cars were the new standard. With crypto we need as many projects as possible to change infrastructure for the regular people, only then will it start being used by the common folks and not the nerds.

We are witnessing a kind of revolution not just with Soma but all crypto project and in every revolution there was a huge part of skepticism involved. Some people are afraid and dont understand the change and the percentage of population involved in crypto is still low, but i am sure with time most of them will change their way of thinking.
I hope Soma can be directly involved with that.

fajarkus12
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October 28, 2017, 12:58:30 PM
 #1926

is soma like etsy?

I think soma not like etsy because etsy is e-commerce as in general. Soma is decentralized social marketplace which facilitates trade inside the Soma Community through a rewarding system that enables beneficial collaboration of the community members. In soma platform every users who contributes to the creation of the social value is rewarded by SCT token
SEELE^^01
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October 28, 2017, 01:22:08 PM
 #1927

perhaps they did not pick up what they had expected could be this the cause of the extension of the ico?...

that's most likely the case, but if they failed to get what they needed, maybe there aren't people interested in this. we'll see when the extension is over.

in my opinion, they need a much better marketing campaign in order to get more people and investors to this project. i think, that the lack of a good marketing was the result in extending the ico even longer, besides the forks.
jonnytracker
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October 28, 2017, 01:36:24 PM
 #1928

its always good to extend wait and have more patience, its a good sign.. instead of jumping in. From what i heard there are more advisors coming and other development going on before ico ?
windreamteam
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October 28, 2017, 01:38:10 PM
 #1929

The greater the confidence and transparency that are built on the platform, the more buyers and sellers will be willing to trust and therefore offer more and more high-end and prestigious products, thus bringing prestigious buyers and trust and the strength of the platform will only grow.
fajarkus12
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October 28, 2017, 01:41:09 PM
 #1930

perhaps they did not pick up what they had expected could be this the cause of the extension of the ico?...

that's most likely the case, but if they failed to get what they needed, maybe there aren't people interested in this. we'll see when the extension is over.

in my opinion, they need a much better marketing campaign in order to get more people and investors to this project. i think, that the lack of a good marketing was the result in extending the ico even longer, besides the forks.

Let's we see the result of this extended ico periode, i hope this project can get more fund raised and will better than before, so all people who contributed in this project cheers
wonderfullife
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October 28, 2017, 01:52:32 PM
 #1931

Soma connects sellers buyers, we can see the seriousness of each actor and thus improve the transparency and trust in the tranaction of second-hand products or collection.
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October 28, 2017, 01:58:49 PM
 #1932

will waiting for ICO end and sell some goods on this platform

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belechau
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October 28, 2017, 02:00:44 PM
 #1933

The greater the confidence and transparency that are built on the platform, the more buyers and sellers will be willing to trust and therefore offer more and more high-end and prestigious products, thus bringing prestigious buyers and trust and the strength of the platform will only grow.

Soma certainly attracts more attention every day, this is beneficial for us investors, I hope every day more news of this project, more partnerships and continuous progress
Rigorous
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October 28, 2017, 02:06:39 PM
 #1934

is soma like etsy?

I think soma not like etsy because etsy is e-commerce as in general. Soma is decentralized social marketplace which facilitates trade inside the Soma Community through a rewarding system that enables beneficial collaboration of the community members. In soma platform every users who contributes to the creation of the social value is rewarded by SCT token


I do not think the comparison with Etsy is that far fetched. Both target more artsy people, with vintage and handmade items. Etsy shows the users' purchase history so there is also a social element to it.
cantdecide
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October 28, 2017, 02:16:06 PM
 #1935

is soma like etsy?

I think soma not like etsy because etsy is e-commerce as in general. Soma is decentralized social marketplace which facilitates trade inside the Soma Community through a rewarding system that enables beneficial collaboration of the community members. In soma platform every users who contributes to the creation of the social value is rewarded by SCT token


I do not think the comparison with Etsy is that far fetched. Both target more artsy people, with vintage and handmade items. Etsy shows the users' purchase history so there is also a social element to it.

Yep, think you are right. I also talked with someone about Soma the last days and draw this connection to Etsy with a social aspect. Maybe this could be the marketplace for Etsy-user in future. I know there are a lot of artists and people who are interested in it who build big communities through Instagram, Facebook and also through Kickstarter etc. Maybe this is exactly something they need.

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Trrrt
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October 28, 2017, 02:48:10 PM
 #1936

Yes soma will link buyer and seller and afford security with the social aspect of the platform. I even think that soma could make non crypto users come in crypto world to use the soma platform. Social marketplace is really a big business.
fajarkus12
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October 28, 2017, 03:02:15 PM
 #1937

will waiting for ICO end and sell some goods on this platform
I think after this ico ends you have to wait some months for sell your goods. Because based on their road map open beta will available on Q1 2018. So you can try this app and maybe this app fully released on Q2 2018
Piggy
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October 28, 2017, 03:03:18 PM
 #1938

Soma connects sellers buyers, we can see the seriousness of each actor and thus improve the transparency and trust in the tranaction of second-hand products or collection.

It will also be able to reward people helping promoting products, this is quite an amazing thing alone
Rigorous
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October 28, 2017, 03:15:25 PM
 #1939

Who cares if they extended the time for this ICO, really? Maybe they are actually utilizing their resources towards development rather than marketing and needed a little more time to gather funds. The transparency that everyone has become so fond of is, in my opinion, is rarely provable and in most cases, it's just the dev teams telling people what they want to hear. So SOMA didn't make a big announcement, who cares?

You are right, I have also seen projects where the developers kept talking everyday, nowhere to be found after the end of the ICO.

On the other hand there have been several occasions where there has been a lack of communication from the team, especially after the end of their token sale. That silence causes a lot of uncertainty and a bad morale. As a result the price of the tokens have sunk dramatically. And we still do not know the status of their business.

You can see the effect of too little communication even in this thread. I have been quite cynical because there have been no answers to the questions raised in here. Then mere hours before the end of the sale the team pops in to say the sale is extended. I was excited about Soma because of the national interest they received, but if that behavior reflects the company as a whole they will have to impress me a lot from now on to dispel my doubts.

the_donald
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October 28, 2017, 03:26:12 PM
 #1940

will waiting for ICO end and sell some goods on this platform
I think after this ico ends you have to wait some months for sell your goods. Because based on their road map open beta will available on Q1 2018. So you can try this app and maybe this app fully released on Q2 2018


yeah it's gonna take a while before this will be ready. but a beta in q1 isn't that far away

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