Where are we currently at with the fundraising?
ICO will end in 10 days.
At the moment:
Total tokens distributed
6427106 SCT /450 = ~14282 eth = nearly 5 000 000 usd
Topic: [ANN][ICO] SOMA - The Social Marketplace - page 172. (Read 92796 times)
ICO will end in 10 days.
At the moment:
Total tokens distributed
6427106 SCT /450 = ~14282 eth = nearly 5 000 000 usd
Don't see why they should reach the hard cap. I mean of course it is also a sign for a good project but I don't think there is need for it in the end. Sure, they say every 1500 ETH a new market will be opened, but in the end, these markets will come soone or later without the hard cap, because otherwise the project will not work out in my eyes.
They will not hit there hard cap, but that ok.
With the collected ETH they can already start marketing at 10 new geograpfic locations.
This project will be active and running in some months
Cant wait so join this platform.
But I will cross my fingers for the SOMA team that they will raise as much as possible.
One thing that i am wondering is if the counter of tokens sold on their website is updated regularily. Because it seems that they havent raised very much since I first checked it.
Can't really tell from the token sale page what the soft cap is, but seems like they have gotten a nice initial investment even without reaching the hard cap. That really is the best way to grow instead of getting a crazy overhype ICO with unrealistic expectations from the get-rich-quick investors..
Hoping they can continue to build momentum with an outstanding product.
Hoping they can continue to build momentum with an outstanding product.
ICO will end in the next 10 days seems like a good thing but not with the funds to be collected, what has happened everybody tells about the fund that has not reached the target.
Actually, as an investor, i prefer hitting the soft cap more than hitting the hard cap.
Same project do you want it start with 50 million dollar market cap or do you want it to start with 5 million
Yes it is not good for companies by i should only think myself
what future or part of project wont be done if not reached hard cap?
They want to open a market every 1500 ETH, so if they just go over soft cap somewhere around, they open less markets in a short time probably. But I think they will grow organic then and with time they have to expand anyways to new markets.
Yes don’t hit the hard cap is not a big deal, the soma team will readjust the budget and things will go very well. And soma has already raise a lot of money, and its not over, in the final day more sometime more investors come, but soma is already a sucess for me and its just the start.
Yeah , that's what I'm thinking as well. you don't need to reach your hard cap to be able to have a successful project.
obviously, many other icos have readjusted their hard cap as well. some of them more than 1 time
but since eth is exploding right now, should be much of a problem for soma
ICO will end in the next 10 days seems like a good thing but not with the funds to be collected, what has happened everybody tells about the fund that has not reached the target.
Actually, as an investor, i prefer hitting the soft cap more than hitting the hard cap.
Same project do you want it start with 50 million dollar market cap or do you want it to start with 5 million
Yes it is not good for companies by i should only think myself
You are right. That's why some people will invest in a last minute, they want to make sure that the hard cap is far away and they get more worth for their investment
ICO will end in the next 10 days seems like a good thing but not with the funds to be collected, what has happened everybody tells about the fund that has not reached the target.
Actually, as an investor, i prefer hitting the soft cap more than hitting the hard cap.
Same project do you want it start with 50 million dollar market cap or do you want it to start with 5 million
Yes it is not good for companies by i should only think myself
what future or part of project wont be done if not reached hard cap?
Where are we currently at with the fundraising?
ICO will end in the next 10 days seems like a good thing but not with the funds to be collected, what has happened everybody tells about the fund that has not reached the target.
Actually, as an investor, i prefer hitting the soft cap more than hitting the hard cap.
Same project do you want it start with 50 million dollar market cap or do you want it to start with 5 million
Yes it is not good for companies by i should only think myself
Don't see why they should reach the hard cap. I mean of course it is also a sign for a good project but I don't think there is need for it in the end. Sure, they say every 1500 ETH a new market will be opened, but in the end, these markets will come soone or later without the hard cap, because otherwise the project will not work out in my eyes.
They will not hit there hard cap, but that ok.
With the collected ETH they can already start marketing at 10 new geograpfic locations.
This project will be active and running in some months
Cant wait so join this platform.
But I will cross my fingers for the SOMA team that they will raise as much as possible.
What happens to the extra tokens if the hard cap is not reached?
ICO will end in the next 10 days seems like a good thing but not with the funds to be collected, what has happened everybody tells about the fund that has not reached the target.
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Yes don’t hit the hard cap is not a big deal, the soma team will readjust the budget and things will go very well. And soma has already raise a lot of money, and its not over, in the final day more sometime more investors come, but soma is already a sucess for me and its just the start.
Hard cap is just a hard target and even if it didn't attain, the project can go on and the development will continue. Yes don’t hit the hard cap is not a big deal, the soma team will readjust the budget and things will go very well. And soma has already raise a lot of money, and its not over, in the final day more sometime more investors come, but soma is already a sucess for me and its just the start.
Yeah , that's what I'm thinking as well. you don't need to reach your hard cap to be able to have a successful project.
The hard cap is simply, a hard maximum. Projects definitely don't need to have the max funding in order to viable. It seems like there will be enough funds for the project to continue development.
Yes don’t hit the hard cap is not a big deal, the soma team will readjust the budget and things will go very well. And soma has already raise a lot of money, and its not over, in the final day more sometime more investors come, but soma is already a sucess for me and its just the start.
So already gathered enough to start work. As for expanding to new markets, it is possible in the future. I wrote earlier that the network will be built from local segments, including, due to possible problems with the delivery of purchased goods. What can be an obstacle in the form of high prices, or some local laws and restrictions, when forwarding across borders.
Yes don’t hit the hard cap is not a big deal, the soma team will readjust the budget and things will go very well. And soma has already raise a lot of money, and its not over, in the final day more sometime more investors come, but soma is already a sucess for me and its just the start.
Yeah , that's what I'm thinking as well. you don't need to reach your hard cap to be able to have a successful project.
Yes don’t hit the hard cap is not a big deal, the soma team will readjust the budget and things will go very well. And soma has already raise a lot of money, and its not over, in the final day more sometime more investors come, but soma is already a sucess for me and its just the start.
Don't see why they should reach the hard cap. I mean of course it is also a sign for a good project but I don't think there is need for it in the end. Sure, they say every 1500 ETH a new market will be opened, but in the end, these markets will come soone or later without the hard cap, because otherwise the project will not work out in my eyes.
They will not hit there hard cap, but that ok.
With the collected ETH they can already start marketing at 10 new geograpfic locations.
This project will be active and running in some months
Cant wait so join this platform.
But I will cross my fingers for the SOMA team that they will raise as much as possible.
The current number is more than enough i think. They can adjust their budget easily. And in some time they can grow organically. And with smaller market cap investors can gain more profit with it
Don't see why they should reach the hard cap. I mean of course it is also a sign for a good project but I don't think there is need for it in the end. Sure, they say every 1500 ETH a new market will be opened, but in the end, these markets will come soone or later without the hard cap, because otherwise the project will not work out in my eyes.
They will not hit there hard cap, but that ok.
With the collected ETH they can already start marketing at 10 new geograpfic locations.
This project will be active and running in some months
Cant wait so join this platform.
But I will cross my fingers for the SOMA team that they will raise as much as possible.
Yes, it will not lead to an fail or something. They will grow on a organic, natural speed. Of course I want them to get enough, but actually I don't think they should reach the hard cap, which is in my eyes way too much eth.
I think it’s enough time for the ico, still more than 10 day before the end and its enough to raise a lot of money, look already more than 5 million, its awesome. And I think that in the last days of the ico, we will see a final rush of invest in soma.
5 million is great amount of money but I'm sure that they will collect even more
120k ETH is still far away.
there are some concerns for ETH fork so hope fully should pick up more close to end of ICO time
Why are people concerned though? Isnt the ETH fork mostly upgrades in the code? Its not a political disaster like bitcoin is
You are correct, Byzantium is not a politically contentious fork, but a mandatory, non-backwards compatible upgrade.
There were still risks though: a day or 2 ago a bug was found that could lead to DoS attacks, and in some situations upgrading to Byzantium is easier said than done.
So far so good though. https://www.coindesk.com/ethereums-byzantium-hard-fork-is-running-smoothly-developers-say/
Will Soma earn money on adversiting different brands?
I didnt know SOMA was going to advertise different brands? What I know from the whitepaper is that it will be a peer-to-peer platform to sell and buy secondhand goods.
I also haven't seen anything about advertising. For now, they have other concerns, they have to get the platform running, and after that they can decide whether to advertise stuff or not. But my guess is, you probably can't do without advertising here.
yes, it's something eventually they can decide later, now it's time to work hard to build up the platform and make connections happen
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