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Author Topic: [ANN][ICO] SOMA - The Social Marketplace  (Read 92774 times)
jonnytracker
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October 02, 2017, 02:17:55 PM
Last edit: October 02, 2017, 03:12:02 PM by jonnytracker
 #101

Trade inside the Soma Community through a rewarding system that enables beneficial collaboration of the community members.

Another community based economy very interesting.  a card , escrow, rewarding system.. everything good in one place.. but i still have a few question

is there a reputation system like Waves coin ?
Is this the first or is there any similar concept out there ?

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October 02, 2017, 02:27:41 PM
 #102

I don't understand the benefit of this Interactive Item card (IIC). I think I got it, that certain data (ownership history, price history) about a product are stored and, in case of a sale, were updated. But what is it good for?

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October 02, 2017, 02:28:19 PM
 #103

when will this project start ,i see this only 5 pages ,look like so quite ,right . any bounty campaign ?

It's on the ico phase and already raised more than 4m $.

For an ico, the important thing is how much money raised, not how many posts is on ann thread. So it's going well and silent a bit.


one guy say he seen they only get more than 800 ETH in last month. how they can get 14000 for 2 day. is this a mistake or something?

Actually I don't see where you get this from? The funding rounds are more then 1 month ago!?

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October 02, 2017, 02:34:13 PM
 #104

Is the Social  in competition with Bitbay or Syscoin for example? From reading the OP I don't really understand what the social aspect is about your marketplace. Only because it is decentralized and accessible without permission or what is the decisive aspect?
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October 02, 2017, 02:46:47 PM
 #105

I really like project with social application, especially when its used with a blockchain. Social network have great possibility and represent a big market these days. I think SOMA has great argument to build a nice marketplace, and will implement a good uses of the token, not only a shares of the project but really a token with utility.
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October 02, 2017, 02:52:35 PM
 #106

whats minimum softcap require for soma? i think this project do fast to raise sofcap.

For what I read they don't have softcap because they are backed up by venture funding from the earlier funding rounds.
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October 02, 2017, 02:54:54 PM
 #107

Will the users have profiles and groups like in facebook? And if you are rewarded by liking or publishing things how do you prevent just nonsensical spamming and liking?
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October 02, 2017, 02:56:09 PM
 #108

I don't understand the benefit of this Interactive Item card (IIC). I think I got it, that certain data (ownership history, price history) about a product are stored and, in case of a sale, were updated. But what is it good for?

Why not? It gives confidence about the history of an item in case you want to buy it. Everything's transparent so you'll know who owned it and will be able to check that user's records to find out if he/she cares about.

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October 02, 2017, 03:02:50 PM
 #109

I love the idea! Good luck guys
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October 02, 2017, 03:06:59 PM
 #110

I don't understand the benefit of this Interactive Item card (IIC). I think I got it, that certain data (ownership history, price history) about a product are stored and, in case of a sale, were updated. But what is it good for?

Why not? It gives confidence about the history of an item in case you want to buy it. Everything's transparent so you'll know who owned it and will be able to check that user's records to find out if he/she cares about.

So at the start of their platform every item will have a blank interactive item card and in order to keep it up to date, that specific item will have to be traded on Soma platform only.
I think it will be pretty hard to find an item with  IIC with more entries even later on.

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October 02, 2017, 03:13:01 PM
 #111

when will this project start ,i see this only 5 pages ,look like so quite ,right . any bounty campaign ?

It's on the ico phase and already raised more than 4m $.

For an ico, the important thing is how much money raised, not how many posts is on ann thread. So it's going well and silent a bit.


one guy say he seen they only get more than 800 ETH in last month. how they can get 14000 for 2 day. is this a mistake or something?

Actually I don't see where you get this from? The funding rounds are more then 1 month ago!?

wew, $4M raised. what the best this program.
maybe, one month is enough to do ICO

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pynetx
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October 02, 2017, 03:16:18 PM
 #112

whats minimum softcap require for soma? i think this project do fast to raise sofcap.

For what I read they don't have softcap because they are backed up by venture funding from the earlier funding rounds.

No soft cap alright. What about the hard cap? Did they mention about the hard cap anywhere?
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October 02, 2017, 03:26:52 PM
 #113

Soma has potential to disrupt the social e-commerce market. Just invested few Eth. Hope to get hands on the platform soon.
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October 02, 2017, 03:28:21 PM
 #114

whats minimum softcap require for soma? i think this project do fast to raise sofcap.

For what I read they don't have softcap because they are backed up by venture funding from the earlier funding rounds.

No soft cap alright. What about the hard cap? Did they mention about the hard cap anywhere?

"The maximum ICO cap is 120,000 ETH." You'll find it on the Whitepaper, page 10:)
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October 02, 2017, 03:29:09 PM
 #115

Seems like a solid team behind the Project. Can you disclose who/which commited the angel investments?
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October 02, 2017, 04:11:04 PM
 #116

There are different projects around on this field of social marketplace. This might be the one that might win the battle.

But competition is very hard!

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October 02, 2017, 04:25:02 PM
 #117

when will this project start ,i see this only 5 pages ,look like so quite ,right . any bounty campaign ?

It's on the ico phase and already raised more than 4m $.

For an ico, the important thing is how much money raised, not how many posts is on ann thread. So it's going well and silent a bit.


one guy say he seen they only get more than 800 ETH in last month. how they can get 14000 for 2 day. is this a mistake or something?

Actually I don't see where you get this from? The funding rounds are more then 1 month ago!?
120.000 ETH is very hard to reach these day. but this project seem so good so I think it can reach that target ez

wew, $4M raised. what the best this program.
maybe, one month is enough to do ICO
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October 02, 2017, 04:34:02 PM
 #118

There are different projects around on this field of social marketplace. This might be the one that might win the battle.

But competition is very hard!

What projects do you think are the most powerful Soma competitors?

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October 02, 2017, 04:37:07 PM
 #119

@ColorlessK
The Whitepaper in the OP is not easy to read, because of the lightblue colour font and the jpg-compression-artifacts.
If you have the original picture made of Soma-tech-Whitepaper.pdf, you could save it as uncompressed png-file or with 100 % quality in jpg and upload it again.
It would be easier to read.

I agree. I had to zoom-in just to read it (and even then it wasn't a comfortable read. The font should be increased and as Frank37 has mentioned, the quality of the text needs to be sharpened.

Yes, there you can break your eyes. Really, the head got sick from such a font. Well finished.

And I also thought that this project has something similar to Snapup? Well, it's not quite like it, but there's something in common.
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October 02, 2017, 04:38:19 PM
 #120

So, what are changes of getting an invitation to get to play with the closed beta?

I would also like an invitation for the beta version Smiley
Its always great to have a beta version online for the investors. A working beta can get you a lot of funds.

Also joined Telegram, almost 650 members!
Great community! Keep it up
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