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Author Topic: [ANN][ICO] SOMA - The Social Marketplace  (Read 92773 times)
the_donald
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November 02, 2017, 12:09:42 PM
 #2321

they have already gathered enough money to secure the competition of the project imo, whatever come from now on is a plus

What do you mean by "secure the competition"?  Would like to understand your comment better Smiley

sorry i meant the completion of the project, with 5M$ you can do it, beside when the project is ready will be able to stand on his own feet generating revenew as well

You can do many thing with 5m$, Soma should be fine. Beside, overpaid projects don't bring more success to its investors because how bigger the market cap is, it is harder to go higher.
true, let's hope the dev's manager their money well and develop a functional product.

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fajarkus12
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November 02, 2017, 12:12:55 PM
 #2322

There is no info about token distribution  is it twitter campaign of Facebook .    Huh Huh
maybe the distribution can be implemented in the next few weeks. and should be waited only if it is distributed. and you can ask the bounty thread there will be more explained
I think they will distributed soma coin after distribution to all ico participants finished, because if bounty hunter first they can dumped this coin. So please be patient and wait at least till this ico ends
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November 02, 2017, 12:33:29 PM
 #2323

they have already gathered enough money to secure the competition of the project imo, whatever come from now on is a plus

What do you mean by "secure the competition"?  Would like to understand your comment better Smiley

sorry i meant the completion of the project, with 5M$ you can do it, beside when the project is ready will be able to stand on his own feet generating revenew as well

You can do many thing with 5m$, Soma should be fine. Beside, overpaid projects don't bring more success to its investors because how bigger the market cap is, it is harder to go higher.

I think Soma needs to balance the team size as well in the future. It is one thing to hire lots of talented people, but it can be risky if they burn through the cash reserves too quickly due to remuneration costs.
What would be good for Soma is that they have some more angel investors or have a bit more activity and interest around the ICO. To do the latter, it would help if there was a representative in the BTCT thread...

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November 02, 2017, 12:42:03 PM
 #2324

in January we will find out how the money were spent Smiley there should be a beta version of the market coming up
FIEX
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November 02, 2017, 12:59:16 PM
 #2325

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! Grin
We thank you for your patient and let's get closer to that hard cap!
levyashin
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November 02, 2017, 01:04:05 PM
 #2326

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! Grin
We thank you for your patient and let's get closer to that hard cap!

That's great news. And also it is a good thing that team is listening to our inputs.

My first question is how much they raised from ico and from private investors?

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November 02, 2017, 01:06:02 PM
 #2327

in January we will find out how the money were spent Smiley there should be a beta version of the market coming up
So we can try soma app, i hope also available on android version when beta version open. So all people around the world can using soma app and hope get positive feedback
Sozialtourist
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November 02, 2017, 01:07:22 PM
 #2328

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! Grin
We thank you for your patient and let's get closer to that hard cap!

Glad to hear, that they have finally spotted the communication problem and decided to hire a new Community Manager. Great to have you here now FIEX.
fajarkus12
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November 02, 2017, 01:19:18 PM
 #2329

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! Grin
We thank you for your patient and let's get closer to that hard cap!

Glad to hear, that they have finally spotted the communication problem and decided to hire a new Community Manager. Great to have you here now FIEX.
I hope new community manager will more active in this thread and can giving us update some  information if you have already. So if you want this ico success you must be more active
germsite
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November 02, 2017, 01:22:34 PM
 #2330

I do not understand what will happen to the unsold tokens? In one place it is written that they will be sold after the ICO on the site, in another place it is written that unsold tokens will be burned. I think that if they are sold on the site, this is a collapse of the project. Unsold tokens must be burned after ICO.

Where did you actually find the information that unsold tokens will be sold after the ICO on the site? I can't even find it and always supposed those tokens will be burned anyway.

Maybe I misunderstood, but I read it here:

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

Im sorry for the confusion, I read this in the technical whitepaper, page 5:

''Soma Community Tokens can be acquired (in
exchange for Ether) during the ICO. After the
completion of the ICO, purchasing SCT for Ether
will be available via the Soma platform. The price
of SCT will be set according to its current price on
the stock exchanges.''

But I read it wrong, I thought the remaining tokens would be sold on the platform, but I read now that the remaining tokens are getting burned.

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?
Trrrt
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November 02, 2017, 01:26:36 PM
 #2331

Really to see a new community manager, soma team will continue to handle the communication really well. A lot of people have questions and will be very glad to have answers from the new community manager.
Sozialtourist
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November 02, 2017, 01:31:21 PM
 #2332


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.

Virtuoso
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November 02, 2017, 02:02:45 PM
 #2333

Great news for Soma, because a new community manager was needed. I hope he will be very active to bring a good conversation up in this thread. We will see what he will do.
Elkmar
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November 02, 2017, 02:13:05 PM
 #2334

I don't want a community manager on telegram or discord. Everybody's first priority should be here. I shouldn't need anything other than here to take current news from the team.

The best is one who take care of every social platform.

to be honest. thats a whole load of work. who is willing to do that?

Pay someone and he will do this with pleasure.
Mystic90
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November 02, 2017, 02:14:23 PM
 #2335

Great news for Soma, because a new community manager was needed. I hope he will be very active to bring a good conversation up in this thread. We will see what he will do.

Lets hope the new community manager will be active here! We def need some activity from the Soma team on this forum
cantdecide
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November 02, 2017, 02:15:00 PM
 #2336

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! Grin
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 Smiley

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jonnytracker
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November 02, 2017, 02:22:15 PM
 #2337

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.

will he still be soma family ?

levyashin
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November 02, 2017, 02:26:51 PM
 #2338

There is very hard work waiting for @fiex.

Too many questions left unanswered. I hope he can get all the info we need from the team.

toolucky98
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November 02, 2017, 02:43:30 PM
 #2339

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! Grin
We thank you for your patient and let's get closer to that hard cap!

That's great news. And also it is a good thing that team is listening to our inputs.

My first question is how much they raised from ico and from private investors?
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
SEELE^^01
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November 02, 2017, 03:14:04 PM
 #2340

congratz fiex for becoming a community manager for soma Smiley

as i can see, you were by far most the most active user here and have always had the newest news online Smiley

good to have you!
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