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Topic: [ANN][ICO] SOMA - The Social Marketplace - page 107. (Read 92794 times)

full member
Activity: 686
Merit: 100
November 04, 2017, 01:50:39 PM
Angel investors should not be in a hurry to carry out their assets, invested in the certainty of Ico's success and the entire project itself, support the temporary blockade and think most of them see no problem, pass on confidence to new investors and get the reach of the objective of Ico is fundamental
full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
November 04, 2017, 01:34:15 PM
Do soma has any agreement with their angel investors that they can't sell their share before some time? Like 6 months or 1 year?



I think it would be appropriate if the shares of angel investors have a lock in period / frozen state for at least  6 months  up in order to boost investors confidence.

I would suggest team members share should also be blocked and released in intervals if necessary.

Normally there are contracts like these for angel investors.

Yes, that's normally the case. It would be good if FIEX could get a confirmation of the SOMA team.
full member
Activity: 294
Merit: 100
November 04, 2017, 01:26:09 PM
Do soma has any agreement with their angel investors that they can't sell their share before some time? Like 6 months or 1 year?



I think it would be appropriate if the shares of angel investors have a lock in period / frozen state for at least  6 months  up in order to boost investors confidence.

I would suggest team members share should also be blocked and released in intervals if necessary.

Normally there are contracts like these for angel investors.
sr. member
Activity: 350
Merit: 250
November 04, 2017, 01:16:53 PM
The reserve of liquidity is not a bad idea, they will not use it to lower the price, but just to be sure that the liquidity will be enough for the market so people can trade easily. If soma team handle it nicely it will be helpful.

The idea is that not to lower the value of the tokens, so locking team or founders tokens for an amount of time is kind of normal in some ICOs, sometimes it works perftly, sometimes it doesn't, it depends on what the founders do to the tokens or how is carried out.
full member
Activity: 386
Merit: 104
IDENA.IO - Proof-Of-Person Blockchain
November 04, 2017, 01:15:44 PM
SOMA needs your help!

There were a lot of questions about the tokens and what will be burned and what not.
We told we would hold a liquidity reserve to support the smooth functioning of the SOMA platform. We were thinking about 10% of the unsold tokens.

For the moment nothing is created, so there is no liquidity reserve.
We think this reserve would help any liquidity problems with the SCT to support smooth fuctioning of the SOMA platform. If investors hold on there SCT we think there should be a problem with the liquidity. So with this reserve, users can still buy SCT after ICO to be used on the platform, this will not be at ICO price.

The devs have decided to listen to our great community.
We will consider based on the feedback if the liquidity reserve will be created or not.


So please give us a well argumented feedback on what you think its best for SOMA and his future.
We will listen to you guys.

No reserve of liquidity is needed. If even on the site the price will be higher than at the ICO, how will this help, if prices fall on exchanges? And if there is a reserve of liquidity, it will. Why reserve liquidity? Are SOMA tokens not decimal? I think that investors who bought with confidence that unsold tokens will be burned, will be dissatisfied with the appearance of this liquidity reserve.

Maybe you don't understand what the liquidity is. It's not about token's price, it's about tokens in circulation, if there will be a small about circulating on the platform, there will be a liquidity problem.
I suggest FIEX to point this out because people are misunderstanding this

I understand what liquidity is. And you understand that the more tokens in circulation, the lower their price. The problem of liquidity is invented. There is no such problem. Tokens are divided up to 18 decimal places.

Do you agree with me that decimals are being used right now only with few coins? Or you expect SCT to go to $300 right after ICO?

The price of tokens will depend on the amount in circulation. Maybe $300.
A hypothetical liquidity crisis was invented to sell tokens after the ICO. Because now sales are not going very well.

300$ is this per coin? Isn't it too large? But yes I think the use of decimals is an overlooked but important aspect of a coin. Just like in bitcoins, btc can be divided into 8 decimal places. and Ether can be divided in 18 decimal places. So if in the future I will buy a can of coke, the vendor will tell me, that's just 0.0000088 btc. It's not very human whereas if it's just 2 decimal places, it will be easier to transact and it is very human and easy to calculate and to understand. I don't know, for me, at least.
full member
Activity: 168
Merit: 100
November 04, 2017, 01:12:36 PM
Soma is a social network where you can buy and sell what you want. The sellors can win in notoriety thanks to their followers and everybody  can also win rewards when they help a sellor when promoting their business for exemple if they share what the sellor needs. What a beautiful synergy, customers and sellers are closer and everyone wins.
hero member
Activity: 1736
Merit: 857
November 04, 2017, 12:35:34 PM
SOMA needs your help!

There were a lot of questions about the tokens and what will be burned and what not.
We told we would hold a liquidity reserve to support the smooth functioning of the SOMA platform. We were thinking about 10% of the unsold tokens.

For the moment nothing is created, so there is no liquidity reserve.
We think this reserve would help any liquidity problems with the SCT to support smooth fuctioning of the SOMA platform. If investors hold on there SCT we think there should be a problem with the liquidity. So with this reserve, users can still buy SCT after ICO to be used on the platform, this will not be at ICO price.

The devs have decided to listen to our great community.
We will consider based on the feedback if the liquidity reserve will be created or not.


So please give us a well argumented feedback on what you think its best for SOMA and his future.
We will listen to you guys.

No reserve of liquidity is needed. If even on the site the price will be higher than at the ICO, how will this help, if prices fall on exchanges? And if there is a reserve of liquidity, it will. Why reserve liquidity? Are SOMA tokens not decimal? I think that investors who bought with confidence that unsold tokens will be burned, will be dissatisfied with the appearance of this liquidity reserve.

Maybe you don't understand what the liquidity is. It's not about token's price, it's about tokens in circulation, if there will be a small about circulating on the platform, there will be a liquidity problem.
I suggest FIEX to point this out because people are misunderstanding this

I understand what liquidity is. And you understand that the more tokens in circulation, the lower their price. The problem of liquidity is invented. There is no such problem. Tokens are divided up to 18 decimal places.

Do you agree with me that decimals are being used right now only with few coins? Or you expect SCT to go to $300 right after ICO?

The price of tokens will depend on the amount in circulation. Maybe $300.
A hypothetical liquidity crisis was invented to sell tokens after the ICO. Because now sales are not going very well.
full member
Activity: 686
Merit: 101
November 04, 2017, 12:28:49 PM
Do soma has any agreement with their angel investors that they can't sell their share before some time? Like 6 months or 1 year?



I think it would be appropriate if the shares of angel investors have a lock in period / frozen state for at least  6 months  up in order to boost investors confidence.

Angel investors own the majority of SCT tokens, that would be another problem about liquiditym if they lock up their tokens there are going to be a really small amount of tokens in circulation

The fact that the angel investors contributed the biggest part of the total raised sum and hence hold the majority of tokens, is the main reason why I think this liquidity reserve is a good idea.
full member
Activity: 448
Merit: 107
November 04, 2017, 12:10:51 PM
The reserve of liquidity is not a bad idea, they will not use it to lower the price, but just to be sure that the liquidity will be enough for the market so people can trade easily. If soma team handle it nicely it will be helpful.
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
November 04, 2017, 12:04:33 PM
Do soma has any agreement with their angel investors that they can't sell their share before some time? Like 6 months or 1 year?



I think it would be appropriate if the shares of angel investors have a lock in period / frozen state for at least  6 months  up in order to boost investors confidence.

Angel investors own the majority of SCT tokens, that would be another problem about liquiditym if they lock up their tokens there are going to be a really small amount of tokens in circulation
full member
Activity: 588
Merit: 100
November 04, 2017, 11:54:00 AM
Do soma has any agreement with their angel investors that they can't sell their share before some time? Like 6 months or 1 year?



I think it would be appropriate if the shares of angel investors have a lock in period / frozen state for at least  6 months  up in order to boost investors confidence.

I would suggest team members share should also be blocked and released in intervals if necessary.
It's called vesting and this is great idea! This will prevent sudden dumps of soma tokens Wink

I would rather do this for bounty hunters, they are usually the one who dump their coins first. Why nobody does that?

there are some ICO's that do this for bounty hunters. I think paragon does this.
full member
Activity: 798
Merit: 115
November 04, 2017, 11:38:50 AM
Do soma has any agreement with their angel investors that they can't sell their share before some time? Like 6 months or 1 year?



I think it would be appropriate if the shares of angel investors have a lock in period / frozen state for at least  6 months  up in order to boost investors confidence.

I would suggest team members share should also be blocked and released in intervals if necessary.
It's called vesting and this is great idea! This will prevent sudden dumps of soma tokens Wink

I would rather do this for bounty hunters, they are usually the one who dump their coins first. Why nobody does that?
full member
Activity: 280
Merit: 106
November 04, 2017, 11:34:41 AM
Do soma has any agreement with their angel investors that they can't sell their share before some time? Like 6 months or 1 year?



I think it would be appropriate if the shares of angel investors have a lock in period / frozen state for at least  6 months  up in order to boost investors confidence.

I would suggest team members share should also be blocked and released in intervals if necessary.
It's called vesting and this is great idea! This will prevent sudden dumps of soma tokens Wink
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
November 04, 2017, 11:11:51 AM
SOMA needs your help!

There were a lot of questions about the tokens and what will be burned and what not.
We told we would hold a liquidity reserve to support the smooth functioning of the SOMA platform. We were thinking about 10% of the unsold tokens.

For the moment nothing is created, so there is no liquidity reserve.
We think this reserve would help any liquidity problems with the SCT to support smooth fuctioning of the SOMA platform. If investors hold on there SCT we think there should be a problem with the liquidity. So with this reserve, users can still buy SCT after ICO to be used on the platform, this will not be at ICO price.

The devs have decided to listen to our great community.
We will consider based on the feedback if the liquidity reserve will be created or not.


So please give us a well argumented feedback on what you think its best for SOMA and his future.
We will listen to you guys.

No reserve of liquidity is needed. If even on the site the price will be higher than at the ICO, how will this help, if prices fall on exchanges? And if there is a reserve of liquidity, it will. Why reserve liquidity? Are SOMA tokens not decimal? I think that investors who bought with confidence that unsold tokens will be burned, will be dissatisfied with the appearance of this liquidity reserve.

Maybe you don't understand what the liquidity is. It's not about token's price, it's about tokens in circulation, if there will be a small about circulating on the platform, there will be a liquidity problem.
I suggest FIEX to point this out because people are misunderstanding this

I understand what liquidity is. And you understand that the more tokens in circulation, the lower their price. The problem of liquidity is invented. There is no such problem. Tokens are divided up to 18 decimal places.

Do you agree with me that decimals are being used right now only with few coins? Or you expect SCT to go to $300 right after ICO?
hero member
Activity: 1078
Merit: 504
November 04, 2017, 11:10:50 AM
Do soma has any agreement with their angel investors that they can't sell their share before some time? Like 6 months or 1 year?



I think it would be appropriate if the shares of angel investors have a lock in period / frozen state for at least  6 months  up in order to boost investors confidence.

I would suggest team members share should also be blocked and released in intervals if necessary.
hero member
Activity: 1736
Merit: 857
November 04, 2017, 10:37:28 AM
SOMA needs your help!

There were a lot of questions about the tokens and what will be burned and what not.
We told we would hold a liquidity reserve to support the smooth functioning of the SOMA platform. We were thinking about 10% of the unsold tokens.

For the moment nothing is created, so there is no liquidity reserve.
We think this reserve would help any liquidity problems with the SCT to support smooth fuctioning of the SOMA platform. If investors hold on there SCT we think there should be a problem with the liquidity. So with this reserve, users can still buy SCT after ICO to be used on the platform, this will not be at ICO price.

The devs have decided to listen to our great community.
We will consider based on the feedback if the liquidity reserve will be created or not.


So please give us a well argumented feedback on what you think its best for SOMA and his future.
We will listen to you guys.

No reserve of liquidity is needed. If even on the site the price will be higher than at the ICO, how will this help, if prices fall on exchanges? And if there is a reserve of liquidity, it will. Why reserve liquidity? Are SOMA tokens not decimal? I think that investors who bought with confidence that unsold tokens will be burned, will be dissatisfied with the appearance of this liquidity reserve.

Maybe you don't understand what the liquidity is. It's not about token's price, it's about tokens in circulation, if there will be a small about circulating on the platform, there will be a liquidity problem.
I suggest FIEX to point this out because people are misunderstanding this

I understand what liquidity is. And you understand that the more tokens in circulation, the lower their price. The problem of liquidity is invented. There is no such problem. Tokens are divided up to 18 decimal places.
full member
Activity: 294
Merit: 100
November 04, 2017, 10:21:16 AM
SOMA needs your help!

There were a lot of questions about the tokens and what will be burned and what not.
We told we would hold a liquidity reserve to support the smooth functioning of the SOMA platform. We were thinking about 10% of the unsold tokens.

For the moment nothing is created, so there is no liquidity reserve.
We think this reserve would help any liquidity problems with the SCT to support smooth fuctioning of the SOMA platform. If investors hold on there SCT we think there should be a problem with the liquidity. So with this reserve, users can still buy SCT after ICO to be used on the platform, this will not be at ICO price.

The devs have decided to listen to our great community.
We will consider based on the feedback if the liquidity reserve will be created or not.


So please give us a well argumented feedback on what you think its best for SOMA and his future.
We will listen to you guys.

I think a liquidity fund could be good, if there is a system for it to be managed by the community.

It would bring trust to the project and it would involve the community.
full member
Activity: 588
Merit: 100
November 04, 2017, 09:23:35 AM
Yes the patent process is really interesting, it’s seems to be users friendly and its the most important things for that kind of project, soma platform will have a lot of users with a nice design and a simple utilisation.
Let's hope they will have an app which is easy to understand because that's most important to attract new users.

If the ICO is successful, they'll have enough money to do so, I've no worries about this.

yes right. soma already collected good money for start this project without worry. but we want soma achieve maximum hardcap.

that doesn't seem possible with the coming fork. money will start flowing after that.
]
I heard this from many people, it seems like everybody is expecting that everything will go up after the fork, am I correct?
Does this mean that people will be unlikely to invest in ICOs, like SOMA token sale?

after the fork it will be more likely, cause people's money won't be tied up in bitcoin. but this ICO will end by then
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
November 04, 2017, 09:20:03 AM
Do soma has any agreement with their angel investors that they can't sell their share before some time? Like 6 months or 1 year?

full member
Activity: 336
Merit: 112
November 04, 2017, 08:18:58 AM

I watch sales stopped, the counter does not grow. Apparently there are two reasons: the fork BTC and the lack of developer activity.

They have no control over the effect of the upcoming BTC fork, but they certainly can be more active on the communication side. Assigning a new community manager is a good step, they should have done that a long time ago.
nobody can control btc fork effects only time will show us,some more updates and news would be very appreciated...

by now it just needs to stay calm and keep a cool head
Let's hope that the sales growth as the deadline approaches

normally big investors strive to invest quick when the ico starts but lets see

But there is also a final boost in sales when the deadline arrives Let's hope everything goes well.  Wink

yeah i read in an other topic that investors tend to invest right before the ico closes. im wondering why but i hope the best

I don't know 100%, because I am not one of these investors, but I think it's because some investors tend to observe the ICO process before they want to invest and decide then last minute if they see a potential win in investing. Probably a factor of how many coins got sold, how good is the project and so on.
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