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Author Topic: [ANN][ICO] SOMA - The Social Marketplace  (Read 92774 times)
cmg12
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October 29, 2017, 06:05:11 AM
 #1981

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.
Many projects have some kind of liquidity pools which helps to deliver stable price of tokens and additional funding when needed Smiley
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October 29, 2017, 07:15:09 AM
 #1982

They said before, that they have money from venture inverstors. So they dont have soft cap.

I like this kind of projects, you make an investment and regardless of what it will continue. I hate sending some eth waiting for some months and get it back because apparently, ico couldn't hit the soft cap.

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October 29, 2017, 07:38:30 AM
 #1983

They said before, that they have money from venture inverstors. So they dont have soft cap.

I like this kind of projects, you make an investment and regardless of what it will continue. I hate sending some eth waiting for some months and get it back because apparently, ico couldn't hit the soft cap.

I agree with you, some investors like this kinds because without soft cap it mean the project still continue for development. Also some project no requirement soft cap because they are know how to development their project although with minimum funds
matjas
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October 29, 2017, 07:59:46 AM
 #1984

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

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October 29, 2017, 08:12:57 AM
 #1985

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

This also means that the value of the tokens will be lower due to high supply.

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October 29, 2017, 08:14:08 AM
 #1986

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

This also means that the value of the tokens will be lower due to high supply.

That unfortunately may be the case, was there an official answer to why this decision was taken? It may scare some investor
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October 29, 2017, 08:19:02 AM
 #1987

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

But i prefer if they burn unsold token because can reduce the amount of coin supply. Usually if low supply can make this coin can easy to growth and worth for long term investment
FIEX
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October 29, 2017, 08:19:30 AM
 #1988

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

Value will be lower but the price will be stable.
When the tokens stays on  the platform the price can not be pumped. So it will take much more time to grow the value.
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October 29, 2017, 08:26:23 AM
 #1989

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

I thought Soma would burn unsold tokens? Was that not the original plan, when and why did this chance?
fajarkus12
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October 29, 2017, 08:31:10 AM
 #1990

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

Value will be lower but the price will be stable.
When the tokens stays on  the platform the price can not be pumped. So it will take much more time to grow the value.

It's perfect for someone who want to invest in long term. But these things also have disadvantage, if the price down deep it will need more time to recovery again
magisterr
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October 29, 2017, 08:34:46 AM
 #1991

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

They will sell remain tokens on platfrom?? Why not burn?  Huh
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October 29, 2017, 09:12:30 AM
 #1992

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

Value will be lower but the price will be stable.
When the tokens stays on  the platform the price can not be pumped. So it will take much more time to grow the value.

i don't think so. if devs only do listing token to market, its useless. but, if devs always continue to developing their project, market can easy to reach and value of token easy to grow.

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greatteager
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October 29, 2017, 09:12:42 AM
 #1993

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

They will sell remain tokens on platfrom?? Why not burn?  Huh
I agree with you. This negatively affects the price on the exchanges, the wrong approach of the team.
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October 29, 2017, 09:20:43 AM
 #1994

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

They will sell remain tokens on platfrom?? Why not burn?  Huh

well, this would mean, why buy them cheap and risk to loose more money, when the tokens are still available to buy after the ico Oo. on other projects, they are only available for a limited time, not like here...
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October 29, 2017, 09:38:22 AM
 #1995

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

They will sell remain tokens on platfrom?? Why not burn?  Huh

well, this would mean, why buy them cheap and risk to loose more money, when the tokens are still available to buy after the ico Oo. on other projects, they are only available for a limited time, not like here...

I'm not sure about this idea, I hope they have thought it well.
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October 29, 2017, 10:03:10 AM
 #1996

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

They will sell remain tokens on platfrom?? Why not burn?  Huh

well, this would mean, why buy them cheap and risk to loose more money, when the tokens are still available to buy after the ico Oo. on other projects, they are only available for a limited time, not like here...

I'm not sure about this idea, I hope they have thought it well.
In this case, it is better to buy coins after ICO.
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October 29, 2017, 10:09:15 AM
 #1997

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

They will sell remain tokens on platfrom?? Why not burn?  Huh
I agree with you. This negatively affects the price on the exchanges, the wrong approach of the team.

What i dont like is that they change their policy while people are already invested. I hope they have good communication channels with their investors for this.
fajarkus12
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October 29, 2017, 10:26:28 AM
 #1998

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

They will sell remain tokens on platfrom?? Why not burn?  Huh
I agree with you. This negatively affects the price on the exchanges, the wrong approach of the team.

What i dont like is that they change their policy while people are already invested. I hope they have good communication channels with their investors for this.


Communication between devs/teams and investors is necessary to make investors not worry. I see on telegram channel the team also active there, maybe we also can ask and hope they will explain clearly.
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October 29, 2017, 10:34:10 AM
 #1999

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

Value will be lower but the price will be stable.
When the tokens stays on  the platform the price can not be pumped. So it will take much more time to grow the value.
If the liquidity on the platform will be low, better to use that reserve to enhance liquidity imo, since SCT has an actual use case on the platform, liquidity cannot be low

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October 29, 2017, 10:59:25 AM
 #2000

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

Value will be lower but the price will be stable.
When the tokens stays on  the platform the price can not be pumped. So it will take much more time to grow the value.

i don't think so. if devs only do listing token to market, its useless. but, if devs always continue to developing their project, market can easy to reach and value of token easy to grow.

But if the price can't go up there is no reason to invest into this from an investors view. You want to get earnings for what you invest and not wait until who knows when. Sure it holds the price stable, but it also makes the project unattractive for a lot of people probably.

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