[ANN][ICO] SOMA - The Social Marketplace

[Yasemin]

Maybe the team should give some more info out, or something intresting to keep the attention on the project. Big distraction are going to hapen all the time

Agree , and extend the ICO maybe, at least a few days after the fork.

There are a lot of projects currently who extend their sales or bounty programs. It would be good for SOMA if they also think about extending the ICO. The hard fork will be a chaotic time..

[Sozialtourist]

Where are we currently at with the fundraising?

ICO will end in 10 days.

At the moment:

Total tokens distributed

6427106 SCT /450 = ~14282 eth = nearly 5 000 000 usd

The counter has only moved by 2000 SCT since your post three days ago. Do you know anything about how they update that counter?

Icos takes the biggest share of funding at starting period and finishing period. We are now in the middle with very little activity. Also, there is an upcoming btc fork. Probably 2000 sct is not that bad for this time period.

Let's hope you are right. I just went to the beginning of this ANN thread. On the 30th of September, they've sold 6387720 SCT. That equals around 14194 ETH. So they didn't even get 100 ETH in the last 3 weeks. I hope their ICO can gather some momentum before it's finished.

Hardly any ICO gets much funds now. Everybody is looking at bitcoin but after that big money will float ICOs.

Something else that is a bit weird is that it seems the amount of raised ETH jumped at the beginning of September from 800 to the 14 000 we are now at (can not confirm this because I wasn't following the project from the beginning). Was this when the the angel investor put his money in? That would mean that this angel investor is holding the biggest part of the tokens?

Hello, how many raised already? Yesterday I saw about 800eth at website. Now it looks like you've removed the field with ETH amount and I see only tokens beeing sold. Ok, you've sold 6387720. Let's find out how many: 6387720/450 = 14194ETH. Is it correct? Just a bit curious cause yesterday it was 800ETH.

[Yasemin]

Something else that is a bit weird is that it seems the amount of raised ETH jumped at the beginning of September from 800 to the 14 000 we are now at (can not confirm this because I wasn't following the project from the beginning). Was this when the the angel investor put his money in? That would mean that this angel investor is holding the biggest part of the tokens?

Well we are 3 weeks from 30 september now and that is a long time for an ICO to raise money. Especially if you are a big and popular ICO like SOMA, who also invested a lot of money in marketing. But if you find out anything else, please share your concerns!

[kraterion]

How much did angel investor invest? Because if I recall correctly was $1.5 while 13,200 ETH are like $4. Or this angel investor invested before the ICO?

[the_donald]

Something else that is a bit weird is that it seems the amount of raised ETH jumped at the beginning of September from 800 to the 14 000 we are now at (can not confirm this because I wasn't following the project from the beginning). Was this when the the angel investor put his money in? That would mean that this angel investor is holding the biggest part of the tokens?

Well we are 3 weeks from 30 september now and that is a long time for an ICO to raise money. Especially if you are a big and popular ICO like SOMA, who also invested a lot of money in marketing. But if you find out anything else, please share your concerns!

maybe the counter wasn't working? ar have you checked the address itself?

[Sozialtourist]

Something else that is a bit weird is that it seems the amount of raised ETH jumped at the beginning of September from 800 to the 14 000 we are now at (can not confirm this because I wasn't following the project from the beginning). Was this when the the angel investor put his money in? That would mean that this angel investor is holding the biggest part of the tokens?

Well we are 3 weeks from 30 september now and that is a long time for an ICO to raise money. Especially if you are a big and popular ICO like SOMA, who also invested a lot of money in marketing. But if you find out anything else, please share your concerns!

maybe the counter wasn't working? ar have you checked the address itself?

Here is the contract address for Soma: https://etherscan.io/address/0x63b992e6246d88f07fc35a056d2c365e6d441a3d
Even though I haven't calculated exactly it seems it doesn't sum up to more than 14 000 ETH.

[Piggy]

How much did angel investor invest? Because if I recall correctly was $1.5 while 13,200 ETH are like $4. Or this angel investor invested before the ICO?

I recall some Finnish company invested on SOMA
the total tokens distribute at the moment is 6.431.893 , not bad

[helloal]

Maybe the team should give some more info out, or something intresting to keep the attention on the project. Big distraction are going to hapen all the time

Agree , and extend the ICO maybe, at least a few days after the fork.

There are a lot of projects currently who extend their sales or bounty programs. It would be good for SOMA if they also think about extending the ICO. The hard fork will be a chaotic time..

If I had to guess, btc will dump right after the snapshot date for the BTCG fork, so if people were looking to get into SOMA, the best bang for buck would probably be to buy into the ICO a day before the fork

[Jay2408]

Something else that is a bit weird is that it seems the amount of raised ETH jumped at the beginning of September from 800 to the 14 000 we are now at (can not confirm this because I wasn't following the project from the beginning). Was this when the the angel investor put his money in? That would mean that this angel investor is holding the biggest part of the tokens?

Well we are 3 weeks from 30 september now and that is a long time for an ICO to raise money. Especially if you are a big and popular ICO like SOMA, who also invested a lot of money in marketing. But if you find out anything else, please share your concerns!

What's a bit worrying is that they didn't raised much in these last 3 weeks, I think only around 100ETH. Anyway, so far they have collected more than 14k ETH which is quite good.

[fajarkus12]

Maybe the team should give some more info out, or something intresting to keep the attention on the project. Big distraction are going to hapen all the time

Agree , and extend the ICO maybe, at least a few days after the fork.

There are a lot of projects currently who extend their sales or bounty programs. It would be good for SOMA if they also think about extending the ICO. The hard fork will be a chaotic time..

If I had to guess, btc will dump right after the snapshot date for the BTCG fork, so if people were looking to get into SOMA, the best bang for buck would probably be to buy into the ICO a day before the fork

Surely people will take profit from bitcoin with aim to gain more profit by buying ico project that have bright future like soma, if they not buy on the ico date maybe when this coin on the exchange

[levyashin]

How much did angel investor invest? Because if I recall correctly was $1.5 while 13,200 ETH are like $4. Or this angel investor invested before the ICO?

I don't know the time but they said 1.5m $. It was a very limited statement in the telegram.

[kraterion]

Maybe the team should give some more info out, or something intresting to keep the attention on the project. Big distraction are going to hapen all the time

Agree , and extend the ICO maybe, at least a few days after the fork.

There are a lot of projects currently who extend their sales or bounty programs. It would be good for SOMA if they also think about extending the ICO. The hard fork will be a chaotic time..

If I had to guess, btc will dump right after the snapshot date for the BTCG fork, so if people were looking to get into SOMA, the best bang for buck would probably be to buy into the ICO a day before the fork

And after that there will be another fork for segwit2x, in mid november but people keep talking about that crap (bitcoin gold), maybe we will see massive FUD on btc after bitcoin gold fork

[magisterr]

JFYI, here is a Soma video review (in Russian):

Good review. But it will be very difficult to occupy a large market niche. The competition is very high. In Russia, the main competitor is Avito. Perhaps cooperation with UTRUST will give SOMA some advantages, but small.

No. Avito its only desk marketplace. SOma - social networking marketplace (like Pinterest)

[haxllega]

Maybe the team should give some more info out, or something intresting to keep the attention on the project. Big distraction are going to hapen all the time

Agree , and extend the ICO maybe, at least a few days after the fork.

There are a lot of projects currently who extend their sales or bounty programs. It would be good for SOMA if they also think about extending the ICO. The hard fork will be a chaotic time..

If I had to guess, btc will dump right after the snapshot date for the BTCG fork, so if people were looking to get into SOMA, the best bang for buck would probably be to buy into the ICO a day before the fork

And after that there will be another fork for segwit2x, in mid november but people keep talking about that crap (bitcoin gold), maybe we will see massive FUD on btc after bitcoin gold fork

I also think so and segwit2x even hasn't the support from the community. It looks like that fork could even not take place. I hope people will invest in alts instead.

[pynetx]

Maybe the team should give some more info out, or something intresting to keep the attention on the project. Big distraction are going to hapen all the time

Agree , and extend the ICO maybe, at least a few days after the fork.

There are a lot of projects currently who extend their sales or bounty programs. It would be good for SOMA if they also think about extending the ICO. The hard fork will be a chaotic time..

If I had to guess, btc will dump right after the snapshot date for the BTCG fork, so if people were looking to get into SOMA, the best bang for buck would probably be to buy into the ICO a day before the fork

And after that there will be another fork for segwit2x, in mid november but people keep talking about that crap (bitcoin gold), maybe we will see massive FUD on btc after bitcoin gold fork

People are now forking mindlessly on every argument they have. This way we will have 100s of coins without any improvement.

[Trrrt]

Even in this hard period soma sucess a lot I think, the ico work really well and people seems to be very supportive about the project. Its not so important to extand the ico, i think after the end and when soma will be listed on exchange, I think the value will go up soon.

[Elkmar]

I would like to know more about this investment jump you were talking about.

[SEELE^^01]

How much did angel investor invest? Because if I recall correctly was $1.5 while 13,200 ETH are like $4. Or this angel investor invested before the ICO?

I recall some Finnish company invested on SOMA
the total tokens distribute at the moment is 6.431.893 , not bad

that finnish company was the angel investor of soma, as we got this statement some pages ago

but we dont know, which company it was

[cantdecide]

How much did angel investor invest? Because if I recall correctly was $1.5 while 13,200 ETH are like $4. Or this angel investor invested before the ICO?

I recall some Finnish company invested on SOMA
the total tokens distribute at the moment is 6.431.893 , not bad

Well let's hope it was not NOKIA 

Yes, 6.431.893 tokens is really a good amount so far and it will hopefully go up more now

[FIEX]

Something else that is a bit weird is that it seems the amount of raised ETH jumped at the beginning of September from 800 to the 14 000 we are now at (can not confirm this because I wasn't following the project from the beginning). Was this when the the angel investor put his money in? That would mean that this angel investor is holding the biggest part of the tokens?

Well we are 3 weeks from 30 september now and that is a long time for an ICO to raise money. Especially if you are a big and popular ICO like SOMA, who also invested a lot of money in marketing. But if you find out anything else, please share your concerns!

maybe the counter wasn't working? ar have you checked the address itself?

Here is the contract address for Soma: https://etherscan.io/address/0x63b992e6246d88f07fc35a056d2c365e6d441a3d
Even though I haven't calculated exactly it seems it doesn't sum up to more than 14 000 ETH.

When you look at that contract address, this is the total balance:
ETH Balance:   658.491575884552163053 Ether
ETH USD Value:   $194,347.20 (@ $295.14/ETH)

That doesnt include all the funds they collected.