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Author Topic: 📈SociumTrade 📉 – Social Trading & Investment Platform  (Read 962 times)
SociumTrade (OP)
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October 03, 2018, 08:01:14 PM
 #61

Is there gonna be an ICO launched for this project?
Yes. Public ICO will start on 1st of December.

What kind of Token you will have? Is it gonna be a public ICO? any bounty program?

Thank you for your question. SociumTrade will have a public TSE starts form December 1st, The Socium Token will be released on the basis of the EOS. Support of this standard guarantees the compatibility of the token with third-party services (wallets, exchanges,
listings, etc.), and allows for easy integration. Socium Token is mintable token.
Bounty program will be announced soon. Please sign up for our mailing list for the latest details.
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October 03, 2018, 08:10:33 PM
 #62

Is there gonna be an ICO launched for this project?
Yes. Public ICO will start on 1st of December.

What kind of Token you will have? Is it gonna be a public ICO? any bounty program?

Thank you for your question. SociumTrade will have a public TSE starts form December 1st, The Socium Token will be released on the basis of the EOS. Support of this standard guarantees the compatibility of the token with third-party services (wallets, exchanges,
listings, etc.), and allows for easy integration. Socium Token is mintable token.
Bounty program will be announced soon. Please sign up for our mailing list for the latest details.

Do I need to buy Socium token to trade on SociumTrade?
Helena Ruben
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October 03, 2018, 08:14:45 PM
 #63

Is there gonna be an ICO launched for this project?
Yes. Public ICO will start on 1st of December.

What kind of Token you will have? Is it gonna be a public ICO? any bounty program?

Thank you for your question. SociumTrade will have a public TSE starts form December 1st, The Socium Token will be released on the basis of the EOS. Support of this standard guarantees the compatibility of the token with third-party services (wallets, exchanges,
listings, etc.), and allows for easy integration. Socium Token is mintable token.
Bounty program will be announced soon. Please sign up for our mailing list for the latest details.

Do I need to buy Socium token to trade on SociumTrade?

What the initial price of the Socium Token and what happened to unsold tokens? What is a total supply and how many tokens will go on public sale?
Hidden_Tycoon
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October 03, 2018, 08:17:42 PM
 #64

What is so special about SociumTrade? There are Bloomberg and Factset are operating by now.
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October 03, 2018, 08:27:08 PM
 #65


I was about to ask the same, is there gonna be any restrictions for traders or investors? Im sure there will be a KYC procedure. Is KYC will be a must for Investors?

I like the idea of Pools  - would like to know more on how to join investment pool, as well as will it be possible to organize own?
The Core will be primed with advanced “know-your-customer” (KYC) and anti-money-laundering (AML) services. A lot of effort is being been put into safeguarding the system against potential external threats and avoiding legal grey areas. User data will be stored securely and in accordance with international standards such as the EU’s General Data Protection Regulation.

Investment pool can be open or closed, with open pools accepting unsolicited applications, and membership in closed pools available only by invitation. When an investor receives an invitation to join an investment pool, he receives the terms and bylaws of that investment pool, as well. Those terms govern investment rules, profit sharing, and fee structures associated with the investment pool. Unlike trading consortiums, in investment pools the founder can charge a management fee for the services he or she provides. An investor must accept the terms of the investment pool in order to join it. Yes, you will be able to organize your own pools, say a "family pool", for instance.

We are represented here as the family and trading crypto together with wife, how does an investment pool works? If we would want to combine our investments, can we find other investors to join our pool? Will be that possible on the SociumTrade platform or we need to find beside the platform?
SociumTrade (OP)
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October 03, 2018, 08:34:36 PM
 #66


I was about to ask the same, is there gonna be any restrictions for traders or investors? Im sure there will be a KYC procedure. Is KYC will be a must for Investors?

I like the idea of Pools  - would like to know more on how to join investment pool, as well as will it be possible to organize own?
The Core will be primed with advanced “know-your-customer” (KYC) and anti-money-laundering (AML) services. A lot of effort is being been put into safeguarding the system against potential external threats and avoiding legal grey areas. User data will be stored securely and in accordance with international standards such as the EU’s General Data Protection Regulation.

Investment pool can be open or closed, with open pools accepting unsolicited applications, and membership in closed pools available only by invitation. When an investor receives an invitation to join an investment pool, he receives the terms and bylaws of that investment pool, as well. Those terms govern investment rules, profit sharing, and fee structures associated with the investment pool. Unlike trading consortiums, in investment pools the founder can charge a management fee for the services he or she provides. An investor must accept the terms of the investment pool in order to join it. Yes, you will be able to organize your own pools, say a "family pool", for instance.

We are represented here as the family and trading crypto together with wife, how does an investment pool works? If we would want to combine our investments, can we find other investors to join our pool? Will be that possible on the SociumTrade platform or we need to find beside the platform?

You are welcome to be a part of SociumTrade family! An investment pool allows multiple investors to aggregate their resources and enter the marketplace as a single entity. An investment pool is managed by a single investor who is responsible for resource allocation of the pooled capital. Each investment pool is governed by rules agreed upon by participants and stored on and enforced by a smart contract. If you have a different portfolios and acting as different traders, you may join into closed investment pool and allocate your funds, and attract other investors who have profiles registered on SociumTrade platform. Investment pools act like individual investors. The pool invests capital as a single entity and signs agreements as an entity. Fees and profits are transferred to and from the pool’s wallet. Users can view the performance history and trader allocations of the investment pool.

SociumTrade (OP)
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October 03, 2018, 08:35:57 PM
 #67

Is there gonna be an ICO launched for this project?
Yes. Public ICO will start on 1st of December.

What kind of Token you will have? Is it gonna be a public ICO? any bounty program?

Thank you for your question. SociumTrade will have a public TSE starts form December 1st, The Socium Token will be released on the basis of the EOS. Support of this standard guarantees the compatibility of the token with third-party services (wallets, exchanges,
listings, etc.), and allows for easy integration. Socium Token is mintable token.
Bounty program will be announced soon. Please sign up for our mailing list for the latest details.

Do I need to buy Socium token to trade on SociumTrade?

Nope, you can leverage from using Trading Terminal while not having tokens. However, you need token to have huge discounts while trading or form public portfolio.
SociumTrade (OP)
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October 03, 2018, 08:41:44 PM
 #68

Is there gonna be an ICO launched for this project?
Yes. Public ICO will start on 1st of December.

What kind of Token you will have? Is it gonna be a public ICO? any bounty program?

Thank you for your question. SociumTrade will have a public TSE starts form December 1st, The Socium Token will be released on the basis of the EOS. Support of this standard guarantees the compatibility of the token with third-party services (wallets, exchanges,
listings, etc.), and allows for easy integration. Socium Token is mintable token.
Bounty program will be announced soon. Please sign up for our mailing list for the latest details.

Do I need to buy Socium token to trade on SociumTrade?

What the initial price of the Socium Token and what happened to unsold tokens? What is a total supply and how many tokens will go on public sale?

Thank you for your question! Total supply is 750 000 000 tokens, there will be no unsold tokens, they are minting based on the demand. More details will be available in White Paper that will be published soon.
SociumTrade (OP)
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October 03, 2018, 08:45:26 PM
 #69

What is so special about SociumTrade? There are Bloomberg and Factset are operating by now.

Good question, Hidden_Tycoon, These terminals that you have mentioned are expensive and complicated to use. The price points and the learning curve create sufficient entry barriers to dissuade retail investors from getting involved.

Trading platforms bait users and leave them hanging. Flashy trading and investing platforms attract users by dangling before them the prospects of potential returns, but don’t provide the tools that are necessary for an average person to have a legitimate chance in the open market.
SociumTrade’s approach is different.

SociumTrade is on the cutting edge of technological trends: blockchain and distributed ledger technologies (DLT’s) which allay concerns over security and identification, social networks and peer-to-peer systems are bound to see wider adoption in the financial industry. This will push the focus away from the traditional, segregated, centralized, institutionally-dominated operational dynamic to a more individually and socially driven one. Making trading possible for anyone, who wish to trade.


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October 03, 2018, 08:51:06 PM
 #70

What about security of the system? What kind of protection you will have against hackers attacks?
SociumTrade (OP)
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October 03, 2018, 08:58:32 PM
 #71

What about security of the system? What kind of protection you will have against hackers attacks?

The Core will be primed with advanced “know-your-customer” (KYC) and anti-money-laundering (AML) services. We’ve been putting a lot of effort into safeguarding the system against potential external threats and avoiding legal grey areas. Furthermore, we’re planning to equip the back-office with a compliance system, that will ensure that SociumTrade adheres to international standards which apply to the wide array of asset classes that will be traded on the exchange. It will also enable SociumTrade to dynamically adjust to the fluid legal landscape and avoid costly interruptions to the platform’s operations.

The wallet service – the main part of Socium Hybrid Exchange – enables secure and decentralized storage for crypto assets in native or emulated smart contracts, meaning that SociumHEX has no influence on the client’s funds. So funds-locking, hacker attacks and potential scams become a thing of the PAST.


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October 03, 2018, 09:09:13 PM
 #72

What about security of the system? What kind of protection you will have against hackers attacks?

The Core will be primed with advanced “know-your-customer” (KYC) and anti-money-laundering (AML) services. We’ve been putting a lot of effort into safeguarding the system against potential external threats and avoiding legal grey areas. Furthermore, we’re planning to equip the back-office with a compliance system, that will ensure that SociumTrade adheres to international standards which apply to the wide array of asset classes that will be traded on the exchange. It will also enable SociumTrade to dynamically adjust to the fluid legal landscape and avoid costly interruptions to the platform’s operations.

The wallet service – the main part of Socium Hybrid Exchange – enables secure and decentralized storage for crypto assets in native or emulated smart contracts, meaning that SociumHEX has no influence on the client’s funds. So funds-locking, hacker attacks and potential scams become a thing of the PAST.



What about our data storage?
SociumTrade (OP)
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October 03, 2018, 09:11:36 PM
 #73

What about security of the system? What kind of protection you will have against hackers attacks?

The Core will be primed with advanced “know-your-customer” (KYC) and anti-money-laundering (AML) services. We’ve been putting a lot of effort into safeguarding the system against potential external threats and avoiding legal grey areas. Furthermore, we’re planning to equip the back-office with a compliance system, that will ensure that SociumTrade adheres to international standards which apply to the wide array of asset classes that will be traded on the exchange. It will also enable SociumTrade to dynamically adjust to the fluid legal landscape and avoid costly interruptions to the platform’s operations.

The wallet service – the main part of Socium Hybrid Exchange – enables secure and decentralized storage for crypto assets in native or emulated smart contracts, meaning that SociumHEX has no influence on the client’s funds. So funds-locking, hacker attacks and potential scams become a thing of the PAST.



What about our data storage?

If you are referring to personal data, then all user data will be stored securely and in accordance with international standards such as the EU’s General Data Protection Regulation Law.
LittleMermaid
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October 04, 2018, 09:05:47 AM
 #74

What will happen if your aims are now reached and Crowdsale does not go so well? Like any backup plan?
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October 04, 2018, 01:02:20 PM
 #75

i have read that Socium Trade based on EOS, why not eth or other crypto?
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October 04, 2018, 02:27:20 PM
 #76

i have a channel on youtube, do you have bounty program or referral?
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October 04, 2018, 02:32:55 PM
 #77

Hello! Your roadmap is only till the third quarter of 2020, does it mean that the project will be over by then?
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October 04, 2018, 02:47:01 PM
 #78

Is there gonna be an ICO launched for this project?
Yes. Public ICO will start on 1st of December.

Will you accept credit, debit cards during the ICO ?
samuel23
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October 05, 2018, 06:36:46 AM
 #79

Is there gonna be an ICO launched for this project?
Yes. Public ICO will start on 1st of December.

Should investors create a portfolio? Or they can simply choose between traders and contact them directly?

Good question. Yes, in order to trade on SociumTrade platform, you will be required to create own portfolio and pass the KYC procedure.
Just with one account you receive a seamless access to all our products.

What about AML regulations and other measures of security? Will you implement any?
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October 05, 2018, 12:00:39 PM
 #80

hey guys, i'm just wondering what if my country bans crypto, will I get some compensation?
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