[ANN][ICO] SOMA - The Social Marketplace - page 131.

Elkmar

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Merit: 100

Quote from: sockpuppet1911 on October 29, 2017, 09:39:53 AM

Quote from: Piggy on October 29, 2017, 08:07:32 AM

I went again through the whitepaper, what i think will differentiate this project from the online marketplace we are used to is the rewarding system they are going to implement. This will basically create a market into the market where users get rewarded by promoting and adding value to products being on sale.

People can get rewarded with USR tokens and make some profit out of it.

At the moment the closest thing to this in market like ebay and amazon is the review of the product, some are very good but none of these get any reward. Think about it

Yeah, this could strengthen the community. While bigger companies don't need to reward users, i am wondering why any rising competition haven't thought about implementing this strategy before.

I thin there is some websites offering systems like this, like priceminister.

niklasmato

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Activity: 616

Merit: 263

Quote from: FIEX on October 29, 2017, 05:41:07 PM

Quote from: Sozialtourist on October 29, 2017, 03:59:19 PM

Quote from: magisterr on October 29, 2017, 03:36:08 PM

Devs made official announce about burning tokens? May be they will burn them. Just wait announce Roll Eyes

As far as I know, there are no new announcements regarding the burning of unsold tokens. And here we have it again. Communication! The Soma team should try to interact more with the community.

Thats true!
There should be more communication coming from the devs in this thread.

I searched on Telegram and found this:
Mohd:
Just incase the hard cap wasn't reached what will happen to the left tokens?

[16:51:36] Joseph:
@mohdsuwaidi they will be burned

This is coming from:
Joseph al Sharif (Co-Founder)

So let all stop the discussion now

Thanks for checking this out. It's an important question in my opinion.

Rigorous

full member

Activity: 574

Merit: 115

Wow, finally an answer. Why was this crucial information not in the whitepaper and the ICO paper?

sockpuppet1911

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Activity: 994

Merit: 278

Quote from: FIEX on October 29, 2017, 05:41:07 PM

Quote from: Sozialtourist on October 29, 2017, 03:59:19 PM

Quote from: magisterr on October 29, 2017, 03:36:08 PM

Devs made official announce about burning tokens? May be they will burn them. Just wait announce Roll Eyes

As far as I know, there are no new announcements regarding the burning of unsold tokens. And here we have it again. Communication! The Soma team should try to interact more with the community.

Thats true!
There should be more communication coming from the devs in this thread.

I searched on Telegram and found this:
Mohd:
Just incase the hard cap wasn't reached what will happen to the left tokens?

[16:51:36] Joseph:
@mohdsuwaidi they will be burned

This is coming from:
Joseph al Sharif (Co-Founder)

So let all stop the discussion now

Thanks, we can rest easy now. I am bringing cotton candy to the bonfire of the burning coins. Hopefully this tactic will attract some new investors for them.

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: Sozialtourist on October 29, 2017, 03:59:19 PM

Quote from: magisterr on October 29, 2017, 03:36:08 PM

Devs made official announce about burning tokens? May be they will burn them. Just wait announce Roll Eyes

As far as I know, there are no new announcements regarding the burning of unsold tokens. And here we have it again. Communication! The Soma team should try to interact more with the community.

Thats true!
There should be more communication coming from the devs in this thread.

I searched on Telegram and found this:
Mohd:
Just incase the hard cap wasn't reached what will happen to the left tokens?

[16:51:36] Joseph:
@mohdsuwaidi they will be burned

This is coming from:
Joseph al Sharif (Co-Founder)

So let all stop the discussion now

Trrrt

full member

Activity: 448

Merit: 107

Its true that soma could even reach the hard cap, and doesn’t need to burn the remaining token. But burn is not that bad, that just readjust the supply to fit with the realy market and no remaining token for nothing, it’s a solution of the hard cap is not reached.

Sozialtourist

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Merit: 101

Quote from: magisterr on October 29, 2017, 03:36:08 PM

Devs made official announce about burning tokens? May be they will burn them. Just wait announce Roll Eyes

As far as I know, there are no new announcements regarding the burning of unsold tokens. And here we have it again. Communication! The Soma team should try to interact more with the community.

Voltaje

sr. member

Activity: 350

Merit: 250

Quote from: magisterr on October 29, 2017, 03:36:08 PM

Devs made official announce about burning tokens? May be they will burn them. Just wait announce Roll Eyes

Burnin is not the only way but is certainly the best way after ICO, that will benefit investors, which a project shoudl always appreciate, so SOMA, by burning the tokens, will increase supply, and by default increase the price eventually, now if there is a better way, I am for it too.

magisterr

sr. member

Activity: 1372

Merit: 259

Devs made official announce about burning tokens? May be they will burn them. Just wait announce Roll Eyes

sockpuppet1911

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Activity: 994

Merit: 278

Quote from: Piggy on October 29, 2017, 02:42:48 PM

Quote from: levyashin on October 29, 2017, 02:38:01 PM

Quote from: haxllega on October 29, 2017, 02:21:51 PM

Quote from: cmg12 on October 29, 2017, 02:06:58 PM

Quote from: the_donald on October 29, 2017, 01:12:29 PM

Quote from: haxllega on October 29, 2017, 12:53:26 PM

Quote from: magisterr on October 29, 2017, 04:34:46 AM

Quote from: matjas on October 29, 2017, 03:59:46 AM

Quote from: Yasemin on October 29, 2017, 12:32:05 AM

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.

They will sell remain tokens on platfrom?? Why not burn? Huh

Please devs burn the tokens. If you don't burn them your project will get dumped after the ICO.

it will be dumped anyway, but burning tokens will help insure a higher value in the future.

Burning tokens is always a good thing to do in order to improve demand for tokens in the future

Burning is a must for every ICO. There are no advantages if you don't burn them only disadvantages.

I can understand not burning them but selling tokens on platform is not a good way. They can make a second ico sometime later or they can hold it for sometime and if the market is ready they can sell on the exhanges. This are way better ways if unsold tokens won't be burned.

I dont agree with not burning the tokens either its just going to dilute the price, would be possible to have some official answe from the team about this matrer please?

Burning is not the only possibility to create value for token. It depends so much how they will use those spare tokens. Those could have some real pr value if the spreading of it is done right. If there's a successful PR campaign done with them, dilution is not really a problem.

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: Piggy on October 29, 2017, 02:42:48 PM

Quote from: levyashin on October 29, 2017, 02:38:01 PM

Quote from: haxllega on October 29, 2017, 02:21:51 PM

Quote from: cmg12 on October 29, 2017, 02:06:58 PM

Quote from: the_donald on October 29, 2017, 01:12:29 PM

Quote from: haxllega on October 29, 2017, 12:53:26 PM

Quote from: magisterr on October 29, 2017, 04:34:46 AM

Quote from: matjas on October 29, 2017, 03:59:46 AM

Quote from: Yasemin on October 29, 2017, 12:32:05 AM

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.

They will sell remain tokens on platfrom?? Why not burn? Huh

Please devs burn the tokens. If you don't burn them your project will get dumped after the ICO.

it will be dumped anyway, but burning tokens will help insure a higher value in the future.

Burning tokens is always a good thing to do in order to improve demand for tokens in the future

Burning is a must for every ICO. There are no advantages if you don't burn them only disadvantages.

I can understand not burning them but selling tokens on platform is not a good way. They can make a second ico sometime later or they can hold it for sometime and if the market is ready they can sell on the exhanges. This are way better ways if unsold tokens won't be burned.

I dont agree with not burning the tokens either its just going to dilute the price, would be possible to have some official answe from the team about this matrer please?

Then we just have to make sure they reach hard cap!
Everyone tweet and spread the word about SOMA

, no problems when they hit hard cap.

Maybe we just have to wait until devs explains this why they dont burn leftover.

Piggy

hero member

Activity: 784

Merit: 1416

Quote from: levyashin on October 29, 2017, 02:38:01 PM

Quote from: haxllega on October 29, 2017, 02:21:51 PM

Quote from: cmg12 on October 29, 2017, 02:06:58 PM

Quote from: the_donald on October 29, 2017, 01:12:29 PM

Quote from: haxllega on October 29, 2017, 12:53:26 PM

Quote from: magisterr on October 29, 2017, 04:34:46 AM

Quote from: matjas on October 29, 2017, 03:59:46 AM

Quote from: Yasemin on October 29, 2017, 12:32:05 AM

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.

They will sell remain tokens on platfrom?? Why not burn? Huh

Please devs burn the tokens. If you don't burn them your project will get dumped after the ICO.

it will be dumped anyway, but burning tokens will help insure a higher value in the future.

Burning tokens is always a good thing to do in order to improve demand for tokens in the future

Burning is a must for every ICO. There are no advantages if you don't burn them only disadvantages.

I can understand not burning them but selling tokens on platform is not a good way. They can make a second ico sometime later or they can hold it for sometime and if the market is ready they can sell on the exhanges. This are way better ways if unsold tokens won't be burned.

I dont agree with not burning the tokens either its just going to dilute the price, would be possible to have some official answe from the team about this matrer please?

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: haxllega on October 29, 2017, 02:21:51 PM

Quote from: cmg12 on October 29, 2017, 02:06:58 PM

Quote from: the_donald on October 29, 2017, 01:12:29 PM

Quote from: haxllega on October 29, 2017, 12:53:26 PM

Quote from: magisterr on October 29, 2017, 04:34:46 AM

Quote from: matjas on October 29, 2017, 03:59:46 AM

Quote from: Yasemin on October 29, 2017, 12:32:05 AM

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.

They will sell remain tokens on platfrom?? Why not burn? Huh

Please devs burn the tokens. If you don't burn them your project will get dumped after the ICO.

it will be dumped anyway, but burning tokens will help insure a higher value in the future.

Burning tokens is always a good thing to do in order to improve demand for tokens in the future

Burning is a must for every ICO. There are no advantages if you don't burn them only disadvantages.

I can understand not burning them but selling tokens on platform is not a good way. They can make a second ico sometime later or they can hold it for sometime and if the market is ready they can sell on the exhanges. This are way better ways if unsold tokens won't be burned.

haxllega

full member

Activity: 392

Merit: 100

Quote from: cmg12 on October 29, 2017, 02:06:58 PM

Quote from: the_donald on October 29, 2017, 01:12:29 PM

Quote from: haxllega on October 29, 2017, 12:53:26 PM

Quote from: magisterr on October 29, 2017, 04:34:46 AM

Quote from: matjas on October 29, 2017, 03:59:46 AM

Quote from: Yasemin on October 29, 2017, 12:32:05 AM

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.

They will sell remain tokens on platfrom?? Why not burn? Huh

Please devs burn the tokens. If you don't burn them your project will get dumped after the ICO.

it will be dumped anyway, but burning tokens will help insure a higher value in the future.

Burning tokens is always a good thing to do in order to improve demand for tokens in the future

Burning is a must for every ICO. There are no advantages if you don't burn them only disadvantages.

ubercool

hero member

Activity: 1078

Merit: 504

Quote from: matjas on October 29, 2017, 02:08:31 PM

Quote from: Piggy on October 29, 2017, 08:07:32 AM

I went again through the whitepaper, what i think will differentiate this project from the online marketplace we are used to is the rewarding system they are going to implement. This will basically create a market into the market where users get rewarded by promoting and adding value to products being on sale.

People can get rewarded with USR tokens and make some profit out of it.

At the moment the closest thing to this in market like ebay and amazon is the review of the product, some are very good but none of these get any reward. Think about it

Also they are counting on their concept of interactive item cards which is now patent-pending. The idea is good but they will need quite some time for IIC to be implemented and regularly used by people.

People dont tend to use something new so early. It was a similar problem for all the social media. I would say the dedication of Soma team is good and only good can happen with it.

matjas

full member

Activity: 798

Merit: 115

Quote from: Piggy on October 29, 2017, 08:07:32 AM

I went again through the whitepaper, what i think will differentiate this project from the online marketplace we are used to is the rewarding system they are going to implement. This will basically create a market into the market where users get rewarded by promoting and adding value to products being on sale.

People can get rewarded with USR tokens and make some profit out of it.

At the moment the closest thing to this in market like ebay and amazon is the review of the product, some are very good but none of these get any reward. Think about it

Also they are counting on their concept of interactive item cards which is now patent-pending. The idea is good but they will need quite some time for IIC to be implemented and regularly used by people.

cmg12

full member

Activity: 280

Merit: 106

Quote from: the_donald on October 29, 2017, 01:12:29 PM

Quote from: haxllega on October 29, 2017, 12:53:26 PM

Quote from: magisterr on October 29, 2017, 04:34:46 AM

Quote from: matjas on October 29, 2017, 03:59:46 AM

Quote from: Yasemin on October 29, 2017, 12:32:05 AM

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.

They will sell remain tokens on platfrom?? Why not burn? Huh

Please devs burn the tokens. If you don't burn them your project will get dumped after the ICO.

it will be dumped anyway, but burning tokens will help insure a higher value in the future.

Burning tokens is always a good thing to do in order to improve demand for tokens in the future

SEELE^^01

full member

Activity: 952

Merit: 137

Quote from: the_donald on October 29, 2017, 01:12:29 PM

Quote from: haxllega on October 29, 2017, 12:53:26 PM

Quote from: magisterr on October 29, 2017, 04:34:46 AM

Quote from: matjas on October 29, 2017, 03:59:46 AM

Quote from: Yasemin on October 29, 2017, 12:32:05 AM

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.

They will sell remain tokens on platfrom?? Why not burn? Huh

Please devs burn the tokens. If you don't burn them your project will get dumped after the ICO.

it will be dumped anyway, but burning tokens will help insure a higher value in the future.

i think that what we heared about the tokens being available to buy at the platform after the ico is a hoax. i cannot believe something like this, instead of burning the rest tokens will happen... that would be just plain dumb...

the_donald

full member

Activity: 588

Merit: 100

Quote from: haxllega on October 29, 2017, 12:53:26 PM

Quote from: magisterr on October 29, 2017, 04:34:46 AM

Quote from: matjas on October 29, 2017, 03:59:46 AM

Quote from: Yasemin on October 29, 2017, 12:32:05 AM

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.

They will sell remain tokens on platfrom?? Why not burn? Huh

Please devs burn the tokens. If you don't burn them your project will get dumped after the ICO.

it will be dumped anyway, but burning tokens will help insure a higher value in the future.

haxllega

full member

Activity: 392

Merit: 100

Quote from: magisterr on October 29, 2017, 04:34:46 AM

Quote from: matjas on October 29, 2017, 03:59:46 AM

Quote from: Yasemin on October 29, 2017, 12:32:05 AM

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.

They will sell remain tokens on platfrom?? Why not burn? Huh

Please devs burn the tokens. If you don't burn them your project will get dumped after the ICO.

Topic: [ANN][ICO] SOMA - The Social Marketplace - page 131. (Read 92794 times)