[ANN][ICO] SOMA - The Social Marketplace

[jonnytracker]

ICO specs
Soma Community Tokens will have a maximum of 60,000,000 units. We are launching
60,000,000 SCT in ICO, of which 54,000,000 are sold at ICO. The last 6,000,000 SCT units
will be used for growing, marketing and rewarding active participants of ICO campaign.
Funds are managed by Soma. Note that the pre sale bonuses are paid out of this
(6,000,000 SCT) fund.
As for the ICO round - the funds will be utilized as follows:


35% Marketing and area launches
20% Product development and technology
20% Legal issues and patents
10% Community reward
15% Operational team


The maximum target is 120,000 ETH.

Our technical white paper will be soon released!

exchange?
1 ETH =? SCT
How and where should I join ICO?

I think you can test it by sending 1 eth and see how much you get 

[1715628303]

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[1715628303]

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[Piggy]

Have dev answeres to that SOMA token concern yet? The question was like, what's the actual token's usage if a trust system with trust point will be in place?

I thought it over and found a way to solve it.

Your trust points will be permanently linked to your account. Each time your total number of trust points reaches a new all time high you are rewarded with Soma tokens. The Soma tokens can be freely traded, but won't have an influence on your trust points.

I will gladly accept a commission for this invention

Nice idea but seriously, apart from pay for promoting your product, how SCT will grow up in value? It will be only a speculative token?

If the SCT token grows up in value, will people still be trading on the platform, or will they want to hold their tokens?

Well, you can still use the token to buy something on the platform with the gains you have made, i think one thing doesn't necessarily exclude the other.

[silvestar]

It looks like a quality project. Now, when they do ICO, they are paying strict attention to the presentation which is gorgeous. It would be useful to examine the Soma project a little closer.

[Mystic90]

I didn't say that it must be a big exchange at the beginning. If it's a good project it could also boost on etherdelta.

ED is ok for 2 days, SOMA must have a partnership with an exchange for after there ICO.
A fast listed project right after ICO will give you investors who were just to late, if it takes to long those investors will be to another project or forgot about it. Exchanges are very important and I dont think ED is that one.

The problem with Etherdela is, that most people just don't like to trade on it so a different exchange would be nice. But I also think, it doesn't need to be Bittrex or Polo to become successful.

Etherdelta will remain the favorite place for some people because most token will be available to trade at that place. No need to wait for a longer time for a new token to be listed on etherdelta. Btw, 14k eth has been collected during this crowdsale. Still plenty of time to participate. Don't miss it!

I am growing to like Etherdelta too but i have to admit that i understand why some people rather not use it. It's hard to compare to traditional exchanges. But just not being able to cancel orders manually is kinda annoying.

The cancel order thing is because the sell is a smart contract. You cant cancel the smart contract (as i understand it). However annoying this is, its a good thing for ETH based tokens that the smart contracts cant be cancelled. Imagine bigger use cases for smart contract like selling a house, you dont want to be able to cancel that contract for no reason right?

[jonnytracker]

I didn't say that it must be a big exchange at the beginning. If it's a good project it could also boost on etherdelta.

ED is ok for 2 days, SOMA must have a partnership with an exchange for after there ICO.
A fast listed project right after ICO will give you investors who were just to late, if it takes to long those investors will be to another project or forgot about it. Exchanges are very important and I dont think ED is that one.

The problem with Etherdela is, that most people just don't like to trade on it so a different exchange would be nice. But I also think, it doesn't need to be Bittrex or Polo to become successful.

Etherdelta will remain the favorite place for some people because most token will be available to trade at that place. No need to wait for a longer time for a new token to be listed on etherdelta. Btw, 14k eth has been collected during this crowdsale. Still plenty of time to participate. Don't miss it!

I am growing to like Etherdelta too but i have to admit that i understand why some people rather not use it. It's hard to compare to traditional exchanges. But just not being able to cancel orders manually is kinda annoying.

The cancel order thing is because the sell is a smart contract. You cant cancel the smart contract (as i understand it). However annoying this is, its a good thing for ETH based tokens that the smart contracts cant be cancelled. Imagine bigger use cases for smart contract like selling a house, you dont want to be able to cancel that contract for no reason right?

The house contract is a very good example but what about an escrow like contract ? three persons

[niklasmato]

Have dev answeres to that SOMA token concern yet? The question was like, what's the actual token's usage if a trust system with trust point will be in place?

I thought it over and found a way to solve it.

Your trust points will be permanently linked to your account. Each time your total number of trust points reaches a new all time high you are rewarded with Soma tokens. The Soma tokens can be freely traded, but won't have an influence on your trust points.

I will gladly accept a commission for this invention

Nice idea but seriously, apart from pay for promoting your product, how SCT will grow up in value? It will be only a speculative token?

If the SCT token grows up in value, will people still be trading on the platform, or will they want to hold their tokens?

Well, you can still use the token to buy something on the platform with the gains you have made, i think one thing doesn't necessarily exclude the other.

I think if the token grows in value, there are multiple options. You can trade it for physical goods in the soma platform or you will be able to trade it on exchanges.

[Mbah Djoko]

I think this is a good project. Impatient with this project, is there any information how much ETH can be achieved? Is there still time to join ICO?

[bitcoin-shark]

I think soma wlll je listed on many exchange, it will be a big project and will easily be listed on major exchange. The value of soma will be very high I think, the ico will raise a lot of money with the actual visibility and the demo !

After the latest updates and partnerships, I see a lot of potential for a Top 15 or Top 10 who knows. a great place to apply for investments, I hope to see you listed soon and the best, given the work we see will not be difficult, I wish luck to those who are astute in this opportunity

TOP 15 at whole cryptocurrencies market cap? Beautiful dreams but almost impossible to achieve. I would say that top 50 is more than possible 

i think TOP 15 is possible,but my realistic prevision is TOP 30 at least at the beginning,in long time everithing is possible...

[Sozialtourist]

Have dev answeres to that SOMA token concern yet? The question was like, what's the actual token's usage if a trust system with trust point will be in place?

I thought it over and found a way to solve it.

Your trust points will be permanently linked to your account. Each time your total number of trust points reaches a new all time high you are rewarded with Soma tokens. The Soma tokens can be freely traded, but won't have an influence on your trust points.

I will gladly accept a commission for this invention

Nice idea but seriously, apart from pay for promoting your product, how SCT will grow up in value? It will be only a speculative token?

If the SCT token grows up in value, will people still be trading on the platform, or will they want to hold their tokens?

Well, you can still use the token to buy something on the platform with the gains you have made, i think one thing doesn't necessarily exclude the other.

I think if the token grows in value, there are multiple options. You can trade it for physical goods in the soma platform or you will be able to trade it on exchanges.

You are all talking about what happens IF the SCT token grows up in value but the initial question HOW that could happen is still not answered. And that's an important question for everyone who plans to invest in the ICO. Hopefully someone of the team can clearify.

[matjas]

This project benefits from a small number of coins. 60 million for our time is a rarity in ico

The number of coins isn't so important as the real cap of the project. If earlier there were real cap and projects were growing in price, then now everyone wants to immediately earn money before creating a project.

I'd say that the number of coins is also important, they should be affordable, not too high and not too low in value (in pre-ICO stage).

[alphashotgun]

for those who wait for my new review sonce the facebook connection is working now stay tunded please i couldnt manage to do it yet but today at around 8pm (MEZ) i will upload some more screenshots

[cxrealdcx]

This project benefits from a small number of coins. 60 million for our time is a rarity in ico

The number of coins isn't so important as the real cap of the project. If earlier there were real cap and projects were growing in price, then now everyone wants to immediately earn money before creating a project.

I'd say that the number of coins is also important, they should be affordable, not too high and not too low in value (in pre-ICO stage).

12 weeks left to buy SCT. And they really are offering 3 draw prizes of 5000 SCT??
Is this information right?

[magisterr]

I think without big money developing ll be more slowly. But they ll make this project in anyway.

I'm sure that SOMA will raise enough tokens to start developing this platform. They've got almost working iOS app 

They dont need much money for developing app, I think. Much money they need to adversiting this app.

[Sozialtourist]

This project benefits from a small number of coins. 60 million for our time is a rarity in ico

The number of coins isn't so important as the real cap of the project. If earlier there were real cap and projects were growing in price, then now everyone wants to immediately earn money before creating a project.

I'd say that the number of coins is also important, they should be affordable, not too high and not too low in value (in pre-ICO stage).

12 weeks left to buy SCT. And they really are offering 3 draw prizes of 5000 SCT??
Is this information right?

Well the ICO will be over in a bit more than 2 weeks on the 26th of October. And yes with every 1 ETH you contribute you get a stake for a chance to win 5000 SCT.

[Elkmar]

This project benefits from a small number of coins. 60 million for our time is a rarity in ico

Well the number of coins is irrelevant, what is relevant is the token price and the number in circulation which make the market capitalization.

[cantdecide]

for those who wait for my new review sonce the facebook connection is working now stay tunded please i couldnt manage to do it yet but today at around 8pm (MEZ) i will upload some more screenshots

Thanks for the info. Would be cool if they would also put in a stand alone login now in the current version.

[haxllega]

This project benefits from a small number of coins. 60 million for our time is a rarity in ico

The number of coins isn't so important as the real cap of the project. If earlier there were real cap and projects were growing in price, then now everyone wants to immediately earn money before creating a project.

I'd say that the number of coins is also important, they should be affordable, not too high and not too low in value (in pre-ICO stage).

I think a pre ICO price with 1 ETH for 5000 soma would be the best but I also think that these numbers are not that important.

[FIEX]

for those who wait for my new review sonce the facebook connection is working now stay tunded please i couldnt manage to do it yet but today at around 8pm (MEZ) i will upload some more screenshots

Great work alphashotgun for doing this.
A lot of people are waiting for more screenshots about this project because not all have iOS

Thanks for your time!

[Piggy]

for those who wait for my new review sonce the facebook connection is working now stay tunded please i couldnt manage to do it yet but today at around 8pm (MEZ) i will upload some more screenshots

thank you always appreciated to have a little more info in hand. If there is anything that didn't come up yet in here or anything exciting please let us know.

[Pajulapoiss]

Have dev answeres to that SOMA token concern yet? The question was like, what's the actual token's usage if a trust system with trust point will be in place?

I thought it over and found a way to solve it.

Your trust points will be permanently linked to your account. Each time your total number of trust points reaches a new all time high you are rewarded with Soma tokens. The Soma tokens can be freely traded, but won't have an influence on your trust points.

I will gladly accept a commission for this invention

Nice idea but seriously, apart from pay for promoting your product, how SCT will grow up in value? It will be only a speculative token?

If the SCT token grows up in value, will people still be trading on the platform, or will they want to hold their tokens?

Well, you can still use the token to buy something on the platform with the gains you have made, i think one thing doesn't necessarily exclude the other.

Ye exactly that! It may even encourage investors to spend their gains on the platform. That is if they find suitable products listed on the marketplace. But getting thousands of products and users on the platform, and reaching diverse selection of goods will take time.

Rome wasn't built in one day