[ANN][ICO] SOMA - The Social Marketplace

[Rigorous]

SOMA distributed 8162211 SCT /450 = 18,138 ETH which is around 5,4 million USD
Only 10 hours left for the end of token sale.
I would say that is a pretty good amount of money!

I think the correct calculation must be given without 6M SCT reserved for growth (not sold)
 8162211 - 6000000 SCT /450 = ~4,805 ETH

So yesterday their counter showed 6440649 tokens distributed, so around 440k tokens sold. Is there any news about a big investor who has thrown his hat into the ring or was it an increasing number of smaller investments?

I do not know where the money is coming from and what the counter is based on, but you can check Soma's deposit address in Etherscan and download the list of transactions as a CSV export.

https://etherscan.io/address/0x63b992e6246d88f07fc35a056d2c365e6d441a3d

Maybe there are multiple deposit addresses or they have some private sales (like the 1.5 M valuation investment), because the sum of all transactions including failed ones to that address is only 839 ETH.

[toolucky98]

ICO extended for more 20 days? Why? You said about listed on exchanges already. Tokens will be trading on exchange parallel?

No sell order, no volume, no transaction yet.

[Voltaje]

ICO extended for more 20 days? Why? You said about listed on exchanges already. Tokens will be trading on exchange parallel?

very strange thing ico was extended other 20 days but token are already listed on yobit, have to evaluate well if it is not cheaper to buy on exchange despite the various bonuses...

If ICO was extended, it means that it didn't reach their caps, so they are hoping to gather more, in either case, the token can't be in an exchange or it will be better to sell it, thus SOAM won't be able to sell more in their ICO, lets hope they take the right decisions, or they may damage their own project.

[tiger5056]

Why countdown say 20 days before end of ico ?

wondering same. i did not see any announcement. may be countdown is wrong

[kraterion]

ICO extended for more 20 days? Why? You said about listed on exchanges already. Tokens will be trading on exchange parallel?

very strange thing ico was extended other 20 days but token are already listed on yobit, have to evaluate well if it is not cheaper to buy on exchange despite the various bonuses...

If there are no sell orders you can't buy in exchange...tokens distribution will take place after ICO (after 15th november now)

[ubercool]

I dont know why some ICOs and Token sale campaigns inflate the raised meter on the website. Its just non ethical and it should be answered clearly.

[haxllega]

Why countdown say 20 days before end of ico ?

wondering same. i did not see any announcement. may be countdown is wrong

Yes they made an announcement today. They said that ICO will be delayed for 20 days.

[the_donald]

ICO extended for more 20 days? Why? You said about listed on exchanges already. Tokens will be trading on exchange parallel?

very strange thing ico was extended other 20 days but token are already listed on yobit, have to evaluate well if it is not cheaper to buy on exchange despite the various bonuses...

no announcement as of yet? it's not trading really, it's just listed

[sockpuppet1911]

Soma ICO Extended until 15th of November Due to Big New Developments

Soma had major updates in the last week that significantly strengthen the value of our offering to potential buyers. After consulting with our advisors, we decided to extend our ICO.

SCT Now Listed On Exchanges

SCT is now listed on exchanges, such as Yobit and Etherdelta and we are in the final stages of negotiating more. Availability on exchanges is critical for everyone participating in ICOs. Extending the sale an additional 2,5 weeks will allow us to finalize more exchanges, providing additional confidence for our contributors.

New Advisors and Marketing Team

A major part of why we did the ICO was to hire a new team. We are pleased to share three new advisors who will lead our marketing.

David Passiak is the former Head of Innovation for dubizzle, the largest P2P marketplace in the Middle East where our advisor Arto Joensuu served as CEO. Arto introduced us to David, and David brought in his team of Chelsea Rustrum and Riku Luukkonen.

David and Chelsea hosted a webinar for us this past week - check out the recording - and we negotiated for them to lead our marketing moving forward. They are three of the top marketers in the world and experts in blockchain and social marketplaces.

Increased Traction and Detailed Roadmap

Our new marketing leads had a major impact in just one week. Our Telegram group grew by 400 people, we increased weekly sales transactions by 350% and website visits by 20%, and received some great media coverage including an article on Soma in Forbes

Soma have an excellent alpha product for Ios that you can test here, detailed roadmap, and with our new marketing team a solid plan on how to execute the beta launch in Q1 2018. We would love the opportunity to tell you more next week in a webinar.

David Passiak will interview our founders, followed by a live Q&A. Learn our story, vision, product roadmap. We will follow-up with an invitation to the webinar.

More Big News Coming Soon

We hope you understand the reasons why we extended the sale and look forward to answering any questions next week in our webinar. Thanks for your continued support and being with us on our journey to revolutionize how we buy and sell items.

With gratitude,
The Soma Team

Also, we would like to add that we will do an airdrop to compensate everyone who invested before the extension. The airdrop will happen at MVP release. Please note that, who invested before the extension and also hold the tokens until MVP release, will receive a bigger percentage on the airdrop. We will be providing more detail soon.

Airdrop sounds like a good option for investors. Do you plan to compensate bounty hunters wearing signature too? Since these people must be frustrated by waiting longer and could cause some fud too.

[kraterion]

Soma ICO Extended until 15th of November Due to Big New Developments

Soma had major updates in the last week that significantly strengthen the value of our offering to potential buyers. After consulting with our advisors, we decided to extend our ICO.

SCT Now Listed On Exchanges

SCT is now listed on exchanges, such as Yobit and Etherdelta and we are in the final stages of negotiating more. Availability on exchanges is critical for everyone participating in ICOs. Extending the sale an additional 2,5 weeks will allow us to finalize more exchanges, providing additional confidence for our contributors.

New Advisors and Marketing Team

A major part of why we did the ICO was to hire a new team. We are pleased to share three new advisors who will lead our marketing.

David Passiak is the former Head of Innovation for dubizzle, the largest P2P marketplace in the Middle East where our advisor Arto Joensuu served as CEO. Arto introduced us to David, and David brought in his team of Chelsea Rustrum and Riku Luukkonen.

David and Chelsea hosted a webinar for us this past week - check out the recording - and we negotiated for them to lead our marketing moving forward. They are three of the top marketers in the world and experts in blockchain and social marketplaces.

Increased Traction and Detailed Roadmap

Our new marketing leads had a major impact in just one week. Our Telegram group grew by 400 people, we increased weekly sales transactions by 350% and website visits by 20%, and received some great media coverage including an article on Soma in Forbes

Soma have an excellent alpha product for Ios that you can test here, detailed roadmap, and with our new marketing team a solid plan on how to execute the beta launch in Q1 2018. We would love the opportunity to tell you more next week in a webinar.

David Passiak will interview our founders, followed by a live Q&A. Learn our story, vision, product roadmap. We will follow-up with an invitation to the webinar.

More Big News Coming Soon

We hope you understand the reasons why we extended the sale and look forward to answering any questions next week in our webinar. Thanks for your continued support and being with us on our journey to revolutionize how we buy and sell items.

With gratitude,
The Soma Team

When the live Q&A will be? About ICO extension, I guess the thing wasn't a today decision or it makes no sense. So why announcing it only today?

[Elkmar]

Well, I think trading tokens can be done right after the ICO. For some reason it seems to me that at first prices may drop relative to the ICO?

I dont agree. If SOMA didnt raise much, i think the investors in now really believe in the project and are more likely to HODL.

I also think that this project deserves attention and tokens will be kept by holders for a long time. I will definitely keep it.

There is no Shame in being a HODLer. If you look at CMC 3 years ago, the best strategy would have been buy BTC and HODL! No reason Soma cannot do the same (not saying it will reach 5k$)

it will never reach 5k, but there is a good chance for a good ROI.

A lot of time the price go under ICO price, but sometimes there exceptions, this could be one.

[haxllega]

Soma ICO Extended until 15th of November Due to Big New Developments

Soma had major updates in the last week that significantly strengthen the value of our offering to potential buyers. After consulting with our advisors, we decided to extend our ICO.

SCT Now Listed On Exchanges

SCT is now listed on exchanges, such as Yobit and Etherdelta and we are in the final stages of negotiating more. Availability on exchanges is critical for everyone participating in ICOs. Extending the sale an additional 2,5 weeks will allow us to finalize more exchanges, providing additional confidence for our contributors.

New Advisors and Marketing Team

A major part of why we did the ICO was to hire a new team. We are pleased to share three new advisors who will lead our marketing.

David Passiak is the former Head of Innovation for dubizzle, the largest P2P marketplace in the Middle East where our advisor Arto Joensuu served as CEO. Arto introduced us to David, and David brought in his team of Chelsea Rustrum and Riku Luukkonen.

David and Chelsea hosted a webinar for us this past week - check out the recording - and we negotiated for them to lead our marketing moving forward. They are three of the top marketers in the world and experts in blockchain and social marketplaces.

Increased Traction and Detailed Roadmap

Our new marketing leads had a major impact in just one week. Our Telegram group grew by 400 people, we increased weekly sales transactions by 350% and website visits by 20%, and received some great media coverage including an article on Soma in Forbes

Soma have an excellent alpha product for Ios that you can test here, detailed roadmap, and with our new marketing team a solid plan on how to execute the beta launch in Q1 2018. We would love the opportunity to tell you more next week in a webinar.

David Passiak will interview our founders, followed by a live Q&A. Learn our story, vision, product roadmap. We will follow-up with an invitation to the webinar.

More Big News Coming Soon

We hope you understand the reasons why we extended the sale and look forward to answering any questions next week in our webinar. Thanks for your continued support and being with us on our journey to revolutionize how we buy and sell items.

With gratitude,
The Soma Team

Also, we would like to add that we will do an airdrop to compensate everyone who invested before the extension. The airdrop will happen at MVP release. Please note that, who invested before the extension and also hold the tokens until MVP release, will receive a bigger percentage on the airdrop. We will be providing more detail soon.

Airdrop sounds like a good option for investors. Do you plan to compensate bounty hunters wearing signature too? Since these people must be frustrated by waiting longer and could cause some fud too.

I agree with you devs should think of increasing bounty for people who were signature. That would be only fair.

[Elkmar]

Soma ICO Extended until 15th of November Due to Big New Developments

Soma had major updates in the last week that significantly strengthen the value of our offering to potential buyers. After consulting with our advisors, we decided to extend our ICO.

SCT Now Listed On Exchanges

SCT is now listed on exchanges, such as Yobit and Etherdelta and we are in the final stages of negotiating more. Availability on exchanges is critical for everyone participating in ICOs. Extending the sale an additional 2,5 weeks will allow us to finalize more exchanges, providing additional confidence for our contributors.

New Advisors and Marketing Team

A major part of why we did the ICO was to hire a new team. We are pleased to share three new advisors who will lead our marketing.

David Passiak is the former Head of Innovation for dubizzle, the largest P2P marketplace in the Middle East where our advisor Arto Joensuu served as CEO. Arto introduced us to David, and David brought in his team of Chelsea Rustrum and Riku Luukkonen.

David and Chelsea hosted a webinar for us this past week - check out the recording - and we negotiated for them to lead our marketing moving forward. They are three of the top marketers in the world and experts in blockchain and social marketplaces.

Increased Traction and Detailed Roadmap

Our new marketing leads had a major impact in just one week. Our Telegram group grew by 400 people, we increased weekly sales transactions by 350% and website visits by 20%, and received some great media coverage including an article on Soma in Forbes

Soma have an excellent alpha product for Ios that you can test here, detailed roadmap, and with our new marketing team a solid plan on how to execute the beta launch in Q1 2018. We would love the opportunity to tell you more next week in a webinar.

David Passiak will interview our founders, followed by a live Q&A. Learn our story, vision, product roadmap. We will follow-up with an invitation to the webinar.

More Big News Coming Soon

We hope you understand the reasons why we extended the sale and look forward to answering any questions next week in our webinar. Thanks for your continued support and being with us on our journey to revolutionize how we buy and sell items.

With gratitude,
The Soma Team

Also, we would like to add that we will do an airdrop to compensate everyone who invested before the extension. The airdrop will happen at MVP release. Please note that, who invested before the extension and also hold the tokens until MVP release, will receive a bigger percentage on the airdrop. We will be providing more detail soon.

Airdrop sounds like a good option for investors. Do you plan to compensate bounty hunters wearing signature too? Since these people must be frustrated by waiting longer and could cause some fud too.

I agree with you devs should think of increasing bounty for people who were signature. That would be only fair.

Signature are an easy way to make money on this forum.

[TooDumbForBitcoin]

Hey team! Your suggestion is not fair for at all. You must award early participants with bonus in case you delayed crowdsale end at least

[SEELE^^01]

https://twitter.com/YobitExchange/status/923217392657977349 - SCT is going to be listed on YoBit

Nice to know, but shouldn't the ICO start before we talk about exchanges?

its is always not to late or to early to discuss about exchanges if they get listed fast, more investors are attracted

[Trrrt]

Yes its really nice that soma is already listed on exchange, investors like that and its a good point for the project and the sucess of the ico. Its an important point for investors to know if a project will be listed fast, and its good cause soma is already listed !

[kraterion]

Closed beta is expected to be released in Q4, since I think that the current release is an alpha version, when can we expect closed beta? It will be accesible only by invitation? It will available on both iOS and Android?

[SEELE^^01]

Closed beta is expected to be released in Q4, since I think that the current release is an alpha version, when can we expect closed beta? It will be accesible only by invitation? It will available on both iOS and Android?

where did u got all those information about the release? public beta would be nice for everyone to test it

[Rigorous]

Where do the tokens for the airdrop come from? From the tokens that would otherwise be burned? Actually I do not remember whether unsold tokens are going to be burned.

[SEELE^^01]

Where do the tokens for the airdrop come from? From the tokens that would otherwise be burned? Actually I do not remember whether unsold tokens are going to be burned.

well, brb looking for the post where i read it and will post it here again sorry


but which airdrops do you mean, rigo?


lol wtf seems like i missed this info Oo"

Also, we would like to add that we will do an airdrop to compensate everyone who invested before the extension. The airdrop will happen at MVP release. Please note that, who invested before the extension and also hold the tokens until MVP release, will receive a bigger percentage on the airdrop. We will be providing more detail soon.