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Elkmar
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November 11, 2017, 10:43:53 PM |
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It's a circus out there. I am not in BCH or in BTC now... i am in ETH and some alts and icos like Soma. So i really don't even want to know about their drama  You should still keep an eye on it, it could affect everything in crypto. If Bitcoin Cash does beat Bitcoin, I think the Core developers will take revenge. The resulting chaos and confusion could scare away investors and newcomers, causing a new crypto winter. Maybe Soma will just about make it in time. i think ETH will take over BTC some point. investor are getting confuse with all fork IMO, BCH is highly manipulated. It will just bring some shit moves to the market. You are not the only one thinking that way. Seems like everyone on my twitter feed thinks that the price is currently being artificially pumped. But someone must be making a shitload of money right now. |
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kettenschutz
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November 11, 2017, 10:45:28 PM |
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Soma need to talk more about the fact that they partner with Utrust. Of couse, Soma is cool. But Utrust have more investments.
Consequently, investors in the Utrust can invest in Soma. And so maybe they passed Soma.
Quite an interesting and correct idea. Still interested: What are the conditions of cooperation between Soma and Utrust? What is the partnership? |
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Bambulee
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November 11, 2017, 10:47:18 PM
Last edit: November 11, 2017, 11:04:21 PM by Bambulee |
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It's a circus out there. I am not in BCH or in BTC now... i am in ETH and some alts and icos like Soma. So i really don't even want to know about their drama You should still keep an eye on it, it could affect everything in crypto. If Bitcoin Cash does beat Bitcoin, I think the Core developers will take revenge. The resulting chaos and confusion could scare away investors and newcomers, causing a new crypto winter. Maybe Soma will just about make it in time. i think ETH will take over BTC some point. investor are getting confuse with all fork IMO, BCH is highly manipulated. It will just bring some shit moves to the market. You are not the only one thinking that way. Seems like everyone on my twitter feed thinks that the price is currently being artificially pumped. But someone must be making a shitload of money right now. you not make much money now? its not the end of the year now  |
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toolucky98
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November 11, 2017, 11:00:38 PM |
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Yes the partnership is really a great news, but the soma team announced it some time ago, and they communicate really well about that when the news was released. I’m really impatient to see what that partnership will achieve !
Yes, its already an old news, the thing that we're waiting now is the product/platform. IIC patent card is a good feature, they should spread more about this. |
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fajarkus12
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November 11, 2017, 11:09:02 PM |
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Yes the partnership is really a great news, but the soma team announced it some time ago, and they communicate really well about that when the news was released. I’m really impatient to see what that partnership will achieve !
Yes, its already an old news, the thing that we're waiting now is the product/platform. IIC patent card is a good feature, they should spread more about this. I also wait soma platform for android, after they release android app maybe a lot of people will interested to try it. But team also have to continue their marketing in order to more people knos about Soma product |
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Bambulee
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November 11, 2017, 11:32:54 PM |
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Yes the partnership is really a great news, but the soma team announced it some time ago, and they communicate really well about that when the news was released. I’m really impatient to see what that partnership will achieve !
Yes, its already an old news, the thing that we're waiting now is the product/platform. IIC patent card is a good feature, they should spread more about this. yes the iic patent card sounds nice, more infos please |
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magisterr
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November 12, 2017, 12:25:16 AM |
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What is this Interactive Item Cards? This is for storage data about goods?
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Pajulapoiss
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November 12, 2017, 01:00:50 AM |
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What is this Interactive Item Cards? This is for storage data about goods?
Here's some old quotes Cool project,
But I couldn't really understand how does the IIC actually work?
What would be a simple real life example?
I hope I got it right. You buy something on the marketplace and the informations about this will be saved in the IIC. So, if an item will get sold and bought on the marketplace, everytime the information will be saved on the IIC, and can be tracked back to when it first got sold there. Cool project,
But I couldn't really understand how does the IIC actually work?
What would be a simple real life example?
El IIC is a virtual document in the blockchain that will store all the information of an item, including how many times it was bought, it's like a history of the item, so when you buy it inside the platform, you know what the particular item has been through, the downside is that the history starts when the item enters the ecosystem, before that, you will only know the information that the seller fills in, so if it was actually bought 3 times, the first time it may actually say 1, that will depend of the veracity of the seller, of course, if it's found out that the information is false, the seller and item lose credibility, thus reducing the chances of it being bought; its a fantastic feature, and once the platform becomes mainstream, it will become essential. I'm having a hard time understanding exactly how this if going to work... But I'm definitely curious. |
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Voltaje
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November 12, 2017, 02:06:11 AM |
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Yes the partnership is really a great news, but the soma team announced it some time ago, and they communicate really well about that when the news was released. I’m really impatient to see what that partnership will achieve !
Yes, its already an old news, the thing that we're waiting now is the product/platform. IIC patent card is a good feature, they should spread more about this. yes the iic patent card sounds nice, more infos please We still are not sure how good the iic card will perform, is still unclear to us how efficient it will be, its a new idea though, we will see when the platform goes live sometime next year, for now, lets start with the ICO, then the rest will come later. |
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imtiazmahmood
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November 12, 2017, 03:34:04 AM |
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in my opinion yes now that the fork has been canceled the volume of investment will be much higher, the entire market of the altcoin and soma in particular is growing again,it was lucky shot... I agree without the fork people are not going to focus so much into bitcoin and will invest more in ICO's i agree with you sir. people just want profit when bitcoin going to fork, after fork always people invest on ICOs that amount. now people are moving on ICOs for bright future. |
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Yasemin
Full Member
 Offline
Activity: 224
Merit: 100
Become Part of the Mining Family
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November 12, 2017, 04:01:27 AM |
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The reward system is very interesting. SOMA calls it ''P2P marketing'', users can gain SOMA Community Tokens by promoting the items that are listed for sale on the platform. This way the popularity of the Soma Community Token grows, which makes is worth more.
I know some people working online, they do this kind of stuff as a fulltime job. I can see this platform really growing.
Is it kind of affiliate system or they have made some other tracking system to track the sales? So how will this promotion look like? Will you promote any item you want and if it get sold you will get extra tokens? What exactly you will need to do? I looked it up in the whitepaper, but there is no technical explanation yet, this is what I found on page 8 ''Rewarding System Soma utilizes the Ethereum blockchain to create a comprehensive trading platform that leverages social capital and creates a community that aids social interaction between users. In the Soma, the contribution to the social capital in terms of value creation is materialized through User Rewarding System (URS). URS is based on Soma Community Token (SCT), which is an ERC20 Token that is allocated inside the platform in relation to a user’s contribution individually, thus making Soma a ”perfect meritocracy” – a model which excludes the need for third parties and provides the most efficient distribution of wealth. The rewarding system in Soma is by nature two-fold. First, it must be recognized that every time user adds value to the community it should be rewarded for its actions. Second, the compensation must be attributed in the proportion of the value created. In Soma, this becomes reality by providing an environment that enables the exchange of social capital to SCT in the course of a bargaining at the free markets. Thus, Soma provides the ability and incentive for its users to engage in such conduct and the market mechanism ensures perfect pricing in the community. SCT will be designed to satisfy both of these underlying ”Community Principles”.'' |
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Piggy
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November 12, 2017, 04:02:16 AM |
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What is this Interactive Item Cards? This is for storage data about goods?
Here's some old quotes Cool project,
But I couldn't really understand how does the IIC actually work?
What would be a simple real life example?
I hope I got it right. You buy something on the marketplace and the informations about this will be saved in the IIC. So, if an item will get sold and bought on the marketplace, everytime the information will be saved on the IIC, and can be tracked back to when it first got sold there. Cool project,
But I couldn't really understand how does the IIC actually work?
What would be a simple real life example?
El IIC is a virtual document in the blockchain that will store all the information of an item, including how many times it was bought, it's like a history of the item, so when you buy it inside the platform, you know what the particular item has been through, the downside is that the history starts when the item enters the ecosystem, before that, you will only know the information that the seller fills in, so if it was actually bought 3 times, the first time it may actually say 1, that will depend of the veracity of the seller, of course, if it's found out that the information is false, the seller and item lose credibility, thus reducing the chances of it being bought; its a fantastic feature, and once the platform becomes mainstream, it will become essential. I'm having a hard time understanding exactly how this if going to work... But I'm definitely curious. Has never been done before, so till we see a demo we can just speculate. But imo is going to attract a lot of people |
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Bambulee
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November 12, 2017, 04:06:51 AM |
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Community Principles sounds nice,
who i finde more infos about that?
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fajarkus12
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November 12, 2017, 04:47:40 AM |
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in my opinion yes now that the fork has been canceled the volume of investment will be much higher, the entire market of the altcoin and soma in particular is growing again,it was lucky shot... I agree without the fork people are not going to focus so much into bitcoin and will invest more in ICO's i agree with you sir. people just want profit when bitcoin going to fork, after fork always people invest on ICOs that amount. now people are moving on ICOs for bright future. But this moving still not maximum because seem investors still buy BCH, you can see on coinmarketcap that BCH price rise significant. Maybe after BCH moment people will back to buy ico coin |
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lvsca
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November 12, 2017, 05:44:39 AM |
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in my opinion yes now that the fork has been canceled the volume of investment will be much higher, the entire market of the altcoin and soma in particular is growing again,it was lucky shot... I agree without the fork people are not going to focus so much into bitcoin and will invest more in ICO's i agree with you sir. people just want profit when bitcoin going to fork, after fork always people invest on ICOs that amount. now people are moving on ICOs for bright future. But this moving still not maximum because seem investors still buy BCH, you can see on coinmarketcap that BCH price rise significant. Maybe after BCH moment people will back to buy ico coin i ever hear info about BCH. BCH has backed by China government, so it can easy to increase. but, not all ppl do it, cause BCH will fall down after hit some target and ppl will move to join ICO after they profit to keep their profit. |
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Bambulee
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November 12, 2017, 05:48:31 AM |
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yes i will also see a Demo.
Hope soon.
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ubercool
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November 12, 2017, 05:51:13 AM |
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Yes, the community principles are an integral part of any venture, thank you for that Yasemin. |
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the_donald
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November 12, 2017, 06:34:55 AM |
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yes i will also see a Demo.
Hope soon.
it's gonna be a while unfortunatelly. they missed the release of the android version with the ICO. |
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cantdecide
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November 12, 2017, 06:45:37 AM |
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Yes the partnership is really a great news, but the soma team announced it some time ago, and they communicate really well about that when the news was released. I’m really impatient to see what that partnership will achieve !
Yes, its already an old news, the thing that we're waiting now is the product/platform. IIC patent card is a good feature, they should spread more about this. yes the iic patent card sounds nice, more infos please We still are not sure how good the iic card will perform, is still unclear to us how efficient it will be, its a new idea though, we will see when the platform goes live sometime next year, for now, lets start with the ICO, then the rest will come later. Yes, after previous discussion here about IIC card I still it's a nice gimmick but not that powerful. But maybe when they develop it further it could get much more attantion. |
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