Bitcoin Forum
June 17, 2024, 03:50:07 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 [163] 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 ... 233 »
  Print  
Author Topic: [ANN][ICO] SOMA - The Social Marketplace  (Read 92776 times)
martinholly167
Sr. Member
****
Offline Offline

Activity: 658
Merit: 250



View Profile
November 13, 2017, 05:50:09 AM
 #3241

Only 2 days left till the end of the ICO, until now extending the ICO didnt really do much. Maybe they should burn the half of their tokens.
Yes of course, the community manager has said that there wont be any extension anymore.
Piggy
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1416



View Profile WWW
November 13, 2017, 06:06:43 AM
 #3242

Only 2 days left till the end of the ICO, until now extending the ICO didnt really do much. Maybe they should burn the half of their tokens.

They are burning the unsold token. I think they will keep 10% for future liquidity if needed
the_donald
Full Member
***
Offline Offline

Activity: 588
Merit: 100



View Profile
November 13, 2017, 06:31:49 AM
 #3243

Only 2 days left till the end of the ICO, until now extending the ICO didnt really do much. Maybe they should burn the half of their tokens.

They are burning the unsold token. I think they will keep 10% for future liquidity if needed

the unsold tokens will be burned. I just hope what they've raised will be enough to develop the product.

ubercool
Hero Member
*****
Offline Offline

Activity: 1078
Merit: 504


View Profile
November 13, 2017, 06:33:52 AM
 #3244

Only 2 days left till the end of the ICO, until now extending the ICO didnt really do much. Maybe they should burn the half of their tokens.

They are burning the unsold token. I think they will keep 10% for future liquidity if needed

the unsold tokens will be burned. I just hope what they've raised will be enough to develop the product.

I dont think keeping them for liquidity is a good idea. Burning them will definitely result in a showcase of the trust.
sockpuppet1911
Sr. Member
****
Offline Offline

Activity: 994
Merit: 278


View Profile
November 13, 2017, 06:41:25 AM
 #3245

News about reserve:

We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.

So, does this mean that you are going to sell those tokens if the market has enough liquidity? And if you can't sell you'll burn them? Please tell me that i have completely misunderstood this sentence.

It means that that we will burn the directly if crucial features of the Soma ecosystem can be powered with the SCT available on the free markets  (such as Soma Rewarding System, which can be only utilized by SCT). If, and only if, there is not enough liquidity provided by the free markets (if nobody is selling SCT for users who would like to utilize some features in the Soma application, we will provide liquidity from the reserve)

Thank you for trying to explain but please can you do that in layman's terms because i have a hard time understanding this. Are you providing a sell wall for people to buy to?
niklasmato
Sr. Member
****
Offline Offline

Activity: 616
Merit: 263


View Profile
November 13, 2017, 06:57:09 AM
 #3246

Yes, ill just hold the token, the price will definitely go up above ico price once the platform will start to be ready.

That's true.. most ICO's drop a bit just after the initial ico due to some presale investors and other influences.. but as soon as there is a real life product or good news the price skyrockets.
martinholly167
Sr. Member
****
Offline Offline

Activity: 658
Merit: 250



View Profile
November 13, 2017, 07:26:09 AM
 #3247

News about reserve:

We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.

So, does this mean that you are going to sell those tokens if the market has enough liquidity? And if you can't sell you'll burn them? Please tell me that i have completely misunderstood this sentence.

It means that that we will burn the directly if crucial features of the Soma ecosystem can be powered with the SCT available on the free markets  (such as Soma Rewarding System, which can be only utilized by SCT). If, and only if, there is not enough liquidity provided by the free markets (if nobody is selling SCT for users who would like to utilize some features in the Soma application, we will provide liquidity from the reserve)

Thank you for trying to explain but please can you do that in layman's terms because i have a hard time understanding this. Are you providing a sell wall for people to buy to?
Its like if you want to buy a steam wallet , but no one sell it even the steam itself because its already sold out or maybe burned.
Yasemin
Full Member
***
Offline Offline

Activity: 224
Merit: 100


Become Part of the Mining Family


View Profile
November 13, 2017, 07:52:05 AM
 #3248

Only 2 days left till the end of the ICO, until now extending the ICO didnt really do much. Maybe they should burn the half of their tokens.

They are burning the unsold token. I think they will keep 10% for future liquidity if needed

the unsold tokens will be burned. I just hope what they've raised will be enough to develop the product.

I am happy to read that they will burn the unsold tokens. If they use the 10% to save the platform, I think it is a good plan.

viljy
Hero Member
*****
Offline Offline

Activity: 1792
Merit: 935


View Profile
November 13, 2017, 07:52:38 AM
 #3249

News about reserve:

We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.

All the same decided to leave a stock of tokens to ensure liquidity? And these tokens will be sold on the site?
akbarharyadi8
Full Member
***
Offline Offline

Activity: 186
Merit: 100



View Profile
November 13, 2017, 08:10:53 AM
 #3250

Yes, ill just hold the token, the price will definitely go up above ico price once the platform will start to be ready.

That's true.. most ICO's drop a bit just after the initial ico due to some presale investors and other influences.. but as soon as there is a real life product or good news the price skyrockets.
such things are common even almost all new tokens there is a decline in the exchange rate. this does not last long because the token price will soon rise again. so we really must be patient and observant to observe the exchange rate in available market
FIEX
Sr. Member
****
Offline Offline

Activity: 630
Merit: 276


View Profile
November 13, 2017, 09:44:57 AM
 #3251

News about reserve:

We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.

All the same decided to leave a stock of tokens to ensure liquidity? And these tokens will be sold on the site?

No, they will be used it on the free market if there is no liquidity on that market.
When we see that there is enough liquidity on exchanges before the launch of our MVP then we will burn the reserve. If everyone is holding there tokens we need to have some reserve for some functions that require the tokens.
Sozialtourist
Full Member
***
Offline Offline

Activity: 686
Merit: 101


View Profile
November 13, 2017, 09:48:16 AM
Last edit: November 13, 2017, 10:55:12 AM by Sozialtourist
 #3252

News about reserve:

We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.

All the same decided to leave a stock of tokens to ensure liquidity? And these tokens will be sold on the site?

No, they will be used it on the free market if there is no liquidity on that market.
When we see that there is enough liquidity on exchanges before the launch of our MVP then we will burn the reserve. If everyone is holding there tokens we need to have some reserve for some functions that require the tokens.

And what are the criteria for deciding? Will you only look at the trading volumes on the exchanges?
levyashin
Sr. Member
****
Offline Offline

Activity: 980
Merit: 276


$CYBERCASH METAVERSE


View Profile
November 13, 2017, 09:50:45 AM
 #3253

News about reserve:

We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.

It was a necessary move. Because of the Finnish investor, token supply can be very limited at the start.

Elkmar
Full Member
***
Offline Offline

Activity: 294
Merit: 100


View Profile
November 13, 2017, 10:43:06 AM
 #3254

News about reserve:

We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.

So, does this mean that you are going to sell those tokens if the market has enough liquidity? And if you can't sell you'll burn them? Please tell me that i have completely misunderstood this sentence.

thats what i thought too. at first glance it really sounds like that way, but why?!?!

hope they will burn them and not use them for mvp or whatever...

There should be no problem with the liquidity ...
Sozialtourist
Full Member
***
Offline Offline

Activity: 686
Merit: 101


View Profile
November 13, 2017, 10:50:27 AM
 #3255

News about reserve:

We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.

So, does this mean that you are going to sell those tokens if the market has enough liquidity? And if you can't sell you'll burn them? Please tell me that i have completely misunderstood this sentence.

thats what i thought too. at first glance it really sounds like that way, but why?!?!

hope they will burn them and not use them for mvp or whatever...

There should be no problem with the liquidity ...

Yes, you keep saying that but the fact is that the huge majority of tokens are in the hands of the angel investors (around 90% if I remember correctly). So what happens if these investors don't wanna sell their tokens?!
nexsto
Sr. Member
****
Offline Offline

Activity: 588
Merit: 250


View Profile
November 13, 2017, 11:18:08 AM
 #3256

News about reserve:

We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.

So, does this mean that you are going to sell those tokens if the market has enough liquidity? And if you can't sell you'll burn them? Please tell me that i have completely misunderstood this sentence.

thats what i thought too. at first glance it really sounds like that way, but why?!?!

hope they will burn them and not use them for mvp or whatever...

There should be no problem with the liquidity ...

Yes, you keep saying that but the fact is that the huge majority of tokens are in the hands of the angel investors (around 90% if I remember correctly). So what happens if these investors don't wanna sell their tokens?!
So does this mean you will sell the token if the market has enough liquidity?
samlaode
Sr. Member
****
Offline Offline

Activity: 674
Merit: 250



View Profile
November 13, 2017, 11:24:20 AM
 #3257

News about reserve:

We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.

It was a necessary move. Because of the Finnish investor, token supply can be very limited at the start.
I think the best we will burn it. How can you determine exactly free market can provide enough liquidity or not? It will affect the psychology of SOMA investors.
martinholly167
Sr. Member
****
Offline Offline

Activity: 658
Merit: 250



View Profile
November 13, 2017, 11:38:32 AM
 #3258

News about reserve:

We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.

All the same decided to leave a stock of tokens to ensure liquidity? And these tokens will be sold on the site?

No, they will be used it on the free market if there is no liquidity on that market.
When we see that there is enough liquidity on exchanges before the launch of our MVP then we will burn the reserve. If everyone is holding there tokens we need to have some reserve for some functions that require the tokens.
Nice, i would like to keep informed about that.
Hopefully the result will be burning tokens
batako
Sr. Member
****
Offline Offline

Activity: 1022
Merit: 252


View Profile
November 13, 2017, 11:39:08 AM
 #3259

Yes, ill just hold the token, the price will definitely go up above ico price once the platform will start to be ready.

That's true.. most ICO's drop a bit just after the initial ico due to some presale investors and other influences.. but as soon as there is a real life product or good news the price skyrockets.

That should be the case. Without the real life product, token won't be able to survive in a longer time. That is why we need to follow the development of a project from time to time if we wanted to catch the benefit from it.
matjas
Full Member
***
Offline Offline

Activity: 798
Merit: 115



View Profile
November 13, 2017, 11:50:45 AM
 #3260

News about reserve:

We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.

So, does this mean that you are going to sell those tokens if the market has enough liquidity? And if you can't sell you'll burn them? Please tell me that i have completely misunderstood this sentence.

thats what i thought too. at first glance it really sounds like that way, but why?!?!

hope they will burn them and not use them for mvp or whatever...

There should be no problem with the liquidity ...

Yes, you keep saying that but the fact is that the huge majority of tokens are in the hands of the angel investors (around 90% if I remember correctly). So what happens if these investors don't wanna sell their tokens?!
So does this mean you will sell the token if the market has enough liquidity?

Slippery slope here, if you ask me. How one would determine liquidity problems? Why is it a red flag if angel investors don't wanna sell? Because then there's not much trading going on on the markets? If your project is doing good, you should be happy that investors are satisfied and don't wanna sell, isn't it?

Pages: « 1 ... 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 [163] 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 ... 233 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!