[ANN][ICO] SOMA - The Social Marketplace

[lvsca]

New Community Manager

SOMA had a community manager in the first pages on this thread but he just became father and that's why he had to leave the team.
SOMA contacted me to be the new community manager for the Bitcointalk Thread during the ICO.

From now on I will be answering questions coming from the community.
I'll start tonight with answering some of the questions from previous pages.

We would be gratefull if you guys keep spreading the word!
We thank you for your patient and let's get closer to that hard cap!

Congratulations to the new daddy and congratualtions to the new community manager!
Now I hope this here will become a bit more informative from SOMAs side

yes, that's right.
we need an active community manager here, hope you can handle this community.

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[1715479513]

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[FIEX]

SOMA IN THE MEDIA:
C2C: BLOCKCHAIN IS THE MISSING PIECE OF THE SHARECONOMY JIGSAW

The key ingredients of a successful sharing community are the people and trust. It’s thought that we’re not inherently wired to prioritise a collaborative economy because getting more for less remains at the top of the agenda, and the future of the sharing economy has been doubted because, quite simply, humans can’t be trusted. The transparency of a blockchain has allowed Soma to implement unique sharing features which have been non-existent until now.

Click on the image to read full article!

[matjas]

New Community Manager

SOMA had a community manager in the first pages on this thread but he just became father and that's why he had to leave the team.
SOMA contacted me to be the new community manager for the Bitcointalk Thread during the ICO.

From now on I will be answering questions coming from the community.
I'll start tonight with answering some of the questions from previous pages.

We would be gratefull if you guys keep spreading the word!
We thank you for your patient and let's get closer to that hard cap!

Thats great news and i hope this will speed up current investing tempo since they have some time left on ICO.

[FIEX]

It`s very curious that we can`t see the cap they already picked up. Only info about how much SCT cost in ETH (1 ETH = 450 SCT).
Can anybody see the how much they already raised via smart contract?

You can check everything here:
https://etherscan.io/address/0x63b992e6246d88f07fc35a056d2c365e6d441a3d

This is the contract address.

[areschen]

New Community Manager

SOMA had a community manager in the first pages on this thread but he just became father and that's why he had to leave the team.
SOMA contacted me to be the new community manager for the Bitcointalk Thread during the ICO.

From now on I will be answering questions coming from the community.
I'll start tonight with answering some of the questions from previous pages.

We would be gratefull if you guys keep spreading the word!
We thank you for your patient and let's get closer to that hard cap!

Congratulations, hope SOMA community is getting better and better.

[kraterion]

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.

Uhm seems fine to me, the option to buy SCT directly from the app is good, will bypass the need to buy SCT on exchanges

[the_donald]

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.

Uhm seems fine to me, the option to buy SCT directly from the app is good, will bypass the need to buy SCT on exchanges

as long as the total ammount is fixed and non-inflationary then it's fine.

[AshleyAshes]

will you be on exchanges after the ICO?

[SEELE^^01]

will you be on exchanges after the ICO?

well, the soma token will be surely on etherdelta after the ico 100%

if you mean, with "you" the token ><

[helloal]

New Community Manager

SOMA had a community manager in the first pages on this thread but he just became father and that's why he had to leave the team.
SOMA contacted me to be the new community manager for the Bitcointalk Thread during the ICO.

From now on I will be answering questions coming from the community.
I'll start tonight with answering some of the questions from previous pages.

We would be gratefull if you guys keep spreading the word!
We thank you for your patient and let's get closer to that hard cap!

Congratulations, hope SOMA community is getting better and better.

Good to see that Soma has taken aboard the most common feedback on this thread. I wish you and the Soma ICO the best success

[FIEX]

I also want to know the amount of each of them.
And will you extend this ICO again? since it will end almost simultaneously with the SegWit2x

Clear answer: We will not extend ICO again, despite the fact that SegWit2x is happening!

Another answer about the collected funds:
Soma has received two successful funding rounds by angel investors before the ICO. The valuation for the first angel investor round was 1,5 million. Due to confidentiality reasons I cannot reveal the exact amount.

What I can reveal is that it has been hundreds of thousands of euros, which is extremely good result for a startup which didn't have any product back then.
The investor group is consisted of Finnish angel investors

I will provide you the exact amount of pre-sale + ICO later, have to check that up.

[FIEX]

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.

We will burn all unsold tokens. The liquidity reserve will be burnt as well, if there is enough liquidity to support the smooth functioning of the soma platform. So to conclude - we will not sell SCT anymore after the ICO unless there would an event that there is not enough SCT on the markets to support the Soma platform. When the liquidity is reached, the liquidity reserve will be burnt.

To summarize:
All the unsold tokens will be burnt

[wonderfullife]

It's a good thing to motivates the use of SCT with no fees and it's also a good thing to be able to use differents cryptos, it will facilitate the expansion of the platform and will help everyone to become a member of the community.

[MUG1WARA]

It's a good thing to motivates the use of SCT by the no fees but that it authorizes even other altcoins, it will facilitate its expansion and will allow everyone to become a member of the community and retain by applying no fees by using their SCT token.

right. I think it would be better if it were so, so for people who have this coin can be more confident again. and can use sct token well

[lvsca]

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.

We will burn all unsold tokens. The liquidity reserve will be burnt as well, if there is enough liquidity to support the smooth functioning of the soma platform. So to conclude - we will not sell SCT anymore after the ICO unless there would an event that there is not enough SCT on the markets to support the Soma platform. When the liquidity is reached, the liquidity reserve will be burnt.

To summarize:
All the unsold tokens will be burnt

thats grear, unsold token will be burn and give more value at token when listed on other exchane (not only ED).

[risatrakib]

Hello
I see that something like soma is listed on yobit exchange . I just wanted to know that is that real soma coin

[haxllega]

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.

We will burn all unsold tokens. The liquidity reserve will be burnt as well, if there is enough liquidity to support the smooth functioning of the soma platform. So to conclude - we will not sell SCT anymore after the ICO unless there would an event that there is not enough SCT on the markets to support the Soma platform. When the liquidity is reached, the liquidity reserve will be burnt.

To summarize:
All the unsold tokens will be burnt

That's great to hear. I am glad that they burn all unsold tokens which is very important for the solid growth of a project.

[kraterion]

Hello
I see that something like soma is listed on yobit exchange . I just wanted to know that is that real soma coin

I can answer on this because I already asked some pages ago to yobit's dev itself. Yes it's they real SOMA, the ticker isn't SCT because they've already a coin listed with that name

[matjas]

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.

We will burn all unsold tokens. The liquidity reserve will be burnt as well, if there is enough liquidity to support the smooth functioning of the soma platform. So to conclude - we will not sell SCT anymore after the ICO unless there would an event that there is not enough SCT on the markets to support the Soma platform. When the liquidity is reached, the liquidity reserve will be burnt.

To summarize:
All the unsold tokens will be burnt

That's great to hear. I am glad that they burn all unsold tokens which is very important for the solid growth of a project.

Thats the only right way to do it to be fair to investors. Nobody wants to see coin value being artificially kept low which would be the case if they wouldnt burn it.

[bitcoin-shark]

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.

Uhm seems fine to me, the option to buy SCT directly from the app is good, will bypass the need to buy SCT on exchanges

as long as the total ammount is fixed and non-inflationary then it's fine.

bypassing exchanges and have an option to buy directly from the app at a stable price is also good for me...