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Topic: [ANN][ICO] SOMA - The Social Marketplace - page 178. (Read 92796 times)

sr. member
Activity: 518
Merit: 250
October 14, 2017, 05:46:58 PM
When thdere is underselling post ico could be also due to the token allocated to the advisors or other people who helped out the project and get paid in tokens

I dont think advisor would dump the coin after ICO since they are a part of the team. They probably wouldnt join in if they didnt believe in the success of the project.
I am sure its mostly bounty hunters that are responsible for after ICO dumps.

Truth to be told, advisors don't owe anyone anything, and they can dump it all when ever they want, they are just offered basically free money for some thoughts and publicity.
You're wrong my friend, advisors invest their time and knowledge to help this project. I'm sure that they won't dump tokens just after listing them on exchange  Smiley
sr. member
Activity: 994
Merit: 278
October 14, 2017, 05:46:32 PM
Yes its very nice that soma already collect near 5 million $. A lot of people really want to be a part of the project, Soma will continue to raise money I think, the community behind the project is huge and th me project show realy good argument to sucess, it’s important for investors.

Haven't even know that they are already at around 5,000,000$. Better for everyone if they reach enough to build this platform and really shows the interest in this project.

they need more marketing in my opinion. more coverage and banners on specialist websites.

In the whitepaper they stated that the funds 35% of funds are used in marketing and area launches, so they will market it at some point
sr. member
Activity: 630
Merit: 276
October 14, 2017, 05:43:01 PM
About those angel investors. Here is some proof:

This comes from Jukka Hilmola (Co-Founder of SOMA) on Telegram

We managed to raise funding on very early stage with 1,5M valuation from Finnish angel investors, which is a quite remarkable achievement taking into account the phase we were back then. Soma also had a minor pre-sale with a very limited publicity, mainly to have a proof of concept in the ICO markets.

We have closed two funding rounds from Finnish angel investors before our ICO. With this capital, we were able to deliver our iOS-application for testing, and very soon we are releasing a new updated version of it. This new version will include core features that are crucial for a C2C-platform. Blockchain related features are designed to be released on our MVP according to our roadmap.

We decided not include soft cap as we were already backed up by angel investments before the ICO round and ICO is a complementary round to develop our software further.

So they have Finnish angel investors and a minor pre-sale. Users in the chat are talking about a total of 6M USD but this is not confirmed by devs.
Hope this info is proof Smiley



still, would be nice to see those names of the angel/initial investor, since 1.5m investment is not a investment of a tiny unnamed fish ><"

Thats what makes this angel investors. They stay anonymous.
SOMA will never release there names. They are private investors. They are inviduals so why would you like to know there names?

You know all the names of the private investors of a project you like?
Angel investors are private and will stay private. I understand this and I will give them there privacy

Glad SOMA has a future because of these guys.
sr. member
Activity: 420
Merit: 250
October 14, 2017, 05:40:34 PM
Yes 5 million is a big amount, and I also think that the project will raise more money. People understand that soma will have a lot of user. And the alpha of the platform is really enjoyed by users, its a good argument for investors.
I don't think that the project will raise a lot of money on the ICO, and this is good for investors, in the future the price may rise strongly on the exchanges.
sr. member
Activity: 616
Merit: 263
October 14, 2017, 05:28:40 PM
Good progress in sales. Such dynamics, says that about 10 million dollars can be collected by the end of the sale.

Yes, it is looking like that way.

If my calculations right they already funded more than 5 million USD. No one wants to miss this unique project.

Wow crazy amount of money collected just to build a platform! How did you calculate that Levyashin?

this is insane for a plattform! ive seen real estate projects here on bitcointalk which collected only 10M


Information from the SOMA website: Total tokens distributed 6427034 SCT
1 ETH = 450 SCT
Means have already collected ~ 14282 ETH
For today, this corresponds to ~ $ 4941675

I am honestly surprised they managed to collect so much money so far. The idea is good but for me it lacks that wow factor, but with that amount of money raised, im sure they will add some more interesting features in the final version.

We need to wait for a testable version and see how is the feeling. Just too early now to form an opinion i guess. I like the idea a lot.

It would be nice to have a prototype the application. To see how this will act in practice. I do not understand yet where SOMA will bring users to in their social platform. They need to be interested in a huge number of people.

Well with the funds they gather they can easily start a good marketing campaign to lure people to there platform. Also if the platform performs as described you always have the word of mouth on other social networks.
So it could go very fast.. just look at all the other social networks, some have grown exponentially very very fast.
full member
Activity: 574
Merit: 115
October 14, 2017, 04:48:04 PM
If I am not incorrect, raising funds with $1.5 million valuation does not mean Soma actually received $1.5 million. They could have invested $300,000 in return for 20% ownership, expecting the company to be worth $1.5 million eventually.
full member
Activity: 448
Merit: 107
October 14, 2017, 04:20:30 PM
Yes 5 million is a big amount, and I also think that the project will raise more money. People understand that soma will have a lot of user. And the alpha of the platform is really enjoyed by users, its a good argument for investors.
full member
Activity: 392
Merit: 100
October 14, 2017, 03:46:02 PM
Yes its very nice that soma already collect near 5 million $. A lot of people really want to be a part of the project, Soma will continue to raise money I think, the community behind the project is huge and th me project show realy good argument to sucess, it’s important for investors.

Haven't even know that they are already at around 5,000,000$. Better for everyone if they reach enough to build this platform and really shows the interest in this project.

they need more marketing in my opinion. more coverage and banners on specialist websites.

yes, much more from everything. ico bench rating and so on, more blogs, more videos, more sexy girls ... Smiley

but raising 5m dollar so far isnt bad either ><
Of course, 5 million dollars is not a small amount of money, this is big amount of money with a project does not have much hype as SOMA. Although if you compare that amount to other large projects, you will know it is worse than those projects.
5 million is just the beginning, I think they can easily collect more than 50 million.
SOMA has great perspective, perhaps this undervaluation is caused by the current instability with bitcoin

The can raise more if only they promoted themselves more. the investors have to do this as well. joint effort.
For such projects it's always most important to have a big community of people who will use the platform.
sr. member
Activity: 994
Merit: 278
October 14, 2017, 03:23:59 PM
When thdere is underselling post ico could be also due to the token allocated to the advisors or other people who helped out the project and get paid in tokens

I dont think advisor would dump the coin after ICO since they are a part of the team. They probably wouldnt join in if they didnt believe in the success of the project.
I am sure its mostly bounty hunters that are responsible for after ICO dumps.

Truth to be told, advisors don't owe anyone anything, and they can dump it all when ever they want, they are just offered basically free money for some thoughts and publicity.
full member
Activity: 574
Merit: 115
October 14, 2017, 02:58:47 PM
About those angel investors. Here is some proof:

This comes from Jukka Hilmola (Co-Founder of SOMA) on Telegram

We managed to raise funding on very early stage with 1,5M valuation from Finnish angel investors, which is a quite remarkable achievement taking into account the phase we were back then. Soma also had a minor pre-sale with a very limited publicity, mainly to have a proof of concept in the ICO markets.

We have closed two funding rounds from Finnish angel investors before our ICO. With this capital, we were able to deliver our iOS-application for testing, and very soon we are releasing a new updated version of it. This new version will include core features that are crucial for a C2C-platform. Blockchain related features are designed to be released on our MVP according to our roadmap.

We decided not include soft cap as we were already backed up by angel investments before the ICO round and ICO is a complementary round to develop our software further.

So they have Finnish angel investors and a minor pre-sale. Users in the chat are talking about a total of 6M USD but this is not confirmed by devs.
Hope this info is proof Smiley



still, would be nice to see those names of the angel/initial investor, since 1.5m investment is not a investment of a tiny unnamed fish ><"

I agree with you. If there are big fish then every person involved should know about them.

I think angel investors prefer to stay anonymous.  Do they have an obligation to have their names in the open just because they invested a large sum?
sr. member
Activity: 602
Merit: 250
October 14, 2017, 02:54:16 PM
About those angel investors. Here is some proof:

This comes from Jukka Hilmola (Co-Founder of SOMA) on Telegram

We managed to raise funding on very early stage with 1,5M valuation from Finnish angel investors, which is a quite remarkable achievement taking into account the phase we were back then. Soma also had a minor pre-sale with a very limited publicity, mainly to have a proof of concept in the ICO markets.

We have closed two funding rounds from Finnish angel investors before our ICO. With this capital, we were able to deliver our iOS-application for testing, and very soon we are releasing a new updated version of it. This new version will include core features that are crucial for a C2C-platform. Blockchain related features are designed to be released on our MVP according to our roadmap.

We decided not include soft cap as we were already backed up by angel investments before the ICO round and ICO is a complementary round to develop our software further.

So they have Finnish angel investors and a minor pre-sale. Users in the chat are talking about a total of 6M USD but this is not confirmed by devs.
Hope this info is proof Smiley


This is very good news, I want the project to live! I do not think that it takes a lot of money for this project! The main thing is that the product is a working one! Investors will come to you for coins.
full member
Activity: 588
Merit: 100
October 14, 2017, 01:39:22 PM
Yes its very nice that soma already collect near 5 million $. A lot of people really want to be a part of the project, Soma will continue to raise money I think, the community behind the project is huge and th me project show realy good argument to sucess, it’s important for investors.

Haven't even know that they are already at around 5,000,000$. Better for everyone if they reach enough to build this platform and really shows the interest in this project.

they need more marketing in my opinion. more coverage and banners on specialist websites.

yes, much more from everything. ico bench rating and so on, more blogs, more videos, more sexy girls ... Smiley

but raising 5m dollar so far isnt bad either ><
Of course, 5 million dollars is not a small amount of money, this is big amount of money with a project does not have much hype as SOMA. Although if you compare that amount to other large projects, you will know it is worse than those projects.
5 million is just the beginning, I think they can easily collect more than 50 million.
SOMA has great perspective, perhaps this undervaluation is caused by the current instability with bitcoin

The can raise more if only they promoted themselves more. the investors have to do this as well. joint effort.
full member
Activity: 490
Merit: 104
October 14, 2017, 01:16:32 PM
Yes its very nice that soma already collect near 5 million $. A lot of people really want to be a part of the project, Soma will continue to raise money I think, the community behind the project is huge and th me project show realy good argument to sucess, it’s important for investors.

Haven't even know that they are already at around 5,000,000$. Better for everyone if they reach enough to build this platform and really shows the interest in this project.

they need more marketing in my opinion. more coverage and banners on specialist websites.

yes, much more from everything. ico bench rating and so on, more blogs, more videos, more sexy girls ... Smiley

but raising 5m dollar so far isnt bad either ><
Of course, 5 million dollars is not a small amount of money, this is big amount of money with a project does not have much hype as SOMA. Although if you compare that amount to other large projects, you will know it is worse than those projects.
5 million is just the beginning, I think they can easily collect more than 50 million.
SOMA has great perspective, perhaps this undervaluation is caused by the current instability with bitcoin
hero member
Activity: 749
Merit: 503
Blockchain Just Entered The Real World
October 14, 2017, 01:10:36 PM
Yes its very nice that soma already collect near 5 million $. A lot of people really want to be a part of the project, Soma will continue to raise money I think, the community behind the project is huge and th me project show realy good argument to sucess, it’s important for investors.

Haven't even know that they are already at around 5,000,000$. Better for everyone if they reach enough to build this platform and really shows the interest in this project.

they need more marketing in my opinion. more coverage and banners on specialist websites.

yes, much more from everything. ico bench rating and so on, more blogs, more videos, more sexy girls ... Smiley

but raising 5m dollar so far isnt bad either ><
Of course, 5 million dollars is not a small amount of money, this is big amount of money with a project does not have much hype as SOMA. Although if you compare that amount to other large projects, you will know it is worse than those projects.
sr. member
Activity: 798
Merit: 262
October 14, 2017, 12:56:23 PM
About those angel investors. Here is some proof:

This comes from Jukka Hilmola (Co-Founder of SOMA) on Telegram

We managed to raise funding on very early stage with 1,5M valuation from Finnish angel investors, which is a quite remarkable achievement taking into account the phase we were back then. Soma also had a minor pre-sale with a very limited publicity, mainly to have a proof of concept in the ICO markets.

We have closed two funding rounds from Finnish angel investors before our ICO. With this capital, we were able to deliver our iOS-application for testing, and very soon we are releasing a new updated version of it. This new version will include core features that are crucial for a C2C-platform. Blockchain related features are designed to be released on our MVP according to our roadmap.

We decided not include soft cap as we were already backed up by angel investments before the ICO round and ICO is a complementary round to develop our software further.

So they have Finnish angel investors and a minor pre-sale. Users in the chat are talking about a total of 6M USD but this is not confirmed by devs.
Hope this info is proof Smiley



still, would be nice to see those names of the angel/initial investor, since 1.5m investment is not a investment of a tiny unnamed fish ><"

I agree with you. If there are big fish then every person involved should know about them.
full member
Activity: 952
Merit: 137
October 14, 2017, 12:37:44 PM
About those angel investors. Here is some proof:

This comes from Jukka Hilmola (Co-Founder of SOMA) on Telegram

We managed to raise funding on very early stage with 1,5M valuation from Finnish angel investors, which is a quite remarkable achievement taking into account the phase we were back then. Soma also had a minor pre-sale with a very limited publicity, mainly to have a proof of concept in the ICO markets.

We have closed two funding rounds from Finnish angel investors before our ICO. With this capital, we were able to deliver our iOS-application for testing, and very soon we are releasing a new updated version of it. This new version will include core features that are crucial for a C2C-platform. Blockchain related features are designed to be released on our MVP according to our roadmap.

We decided not include soft cap as we were already backed up by angel investments before the ICO round and ICO is a complementary round to develop our software further.

So they have Finnish angel investors and a minor pre-sale. Users in the chat are talking about a total of 6M USD but this is not confirmed by devs.
Hope this info is proof Smiley



still, would be nice to see those names of the angel/initial investor, since 1.5m investment is not a investment of a tiny unnamed fish ><"
full member
Activity: 798
Merit: 115
October 14, 2017, 11:55:24 AM
Yes its very nice that soma already collect near 5 million $. A lot of people really want to be a part of the project, Soma will continue to raise money I think, the community behind the project is huge and th me project show realy good argument to sucess, it’s important for investors.

Haven't even know that they are already at around 5,000,000$. Better for everyone if they reach enough to build this platform and really shows the interest in this project.

they need more marketing in my opinion. more coverage and banners on specialist websites.

yes, much more from everything. ico bench rating and so on, more blogs, more videos, more sexy girls ... Smiley

but raising 5m dollar so far isnt bad either ><

Since they raised that much amount of money, than can afford a good marketing manager to kick start their marketing campaign.  They should really take advantage of this momentum and get some more partners before the official version.
sr. member
Activity: 630
Merit: 276
October 14, 2017, 11:54:20 AM
About those angel investors. Here is some proof:

This comes from Jukka Hilmola (Co-Founder of SOMA) on Telegram

We managed to raise funding on very early stage with 1,5M valuation from Finnish angel investors, which is a quite remarkable achievement taking into account the phase we were back then. Soma also had a minor pre-sale with a very limited publicity, mainly to have a proof of concept in the ICO markets.

We have closed two funding rounds from Finnish angel investors before our ICO. With this capital, we were able to deliver our iOS-application for testing, and very soon we are releasing a new updated version of it. This new version will include core features that are crucial for a C2C-platform. Blockchain related features are designed to be released on our MVP according to our roadmap.

We decided not include soft cap as we were already backed up by angel investments before the ICO round and ICO is a complementary round to develop our software further.

So they have Finnish angel investors and a minor pre-sale. Users in the chat are talking about a total of 6M USD but this is not confirmed by devs.
Hope this info is proof Smiley

full member
Activity: 392
Merit: 100
October 14, 2017, 11:43:26 AM
Good progress in sales. Such dynamics, says that about 10 million dollars can be collected by the end of the sale.

Yes, it is looking like that way.

If my calculations right they already funded more than 5 million USD. No one wants to miss this unique project.

Wow crazy amount of money collected just to build a platform! How did you calculate that Levyashin?

this is insane for a plattform! ive seen real estate projects here on bitcointalk which collected only 10M

Information from the SOMA website: Total tokens distributed 6427034 SCT
1 ETH = 450 SCT
Means have already collected ~ 14282 ETH
For today, this corresponds to ~ $ 4941675

I am honestly surprised they managed to collect so much money so far. The idea is good but for me it lacks that wow factor, but with that amount of money raised, im sure they will add some more interesting features in the final version.

We need to wait for a testable version and see how is the feeling. Just too early now to form an opinion i guess. I like the idea a lot.

It would be nice to have a prototype the application. To see how this will act in practice. I do not understand yet where SOMA will bring users to in their social platform. They need to be interested in a huge number of people.

Somebody in here managed to try the iOS version but is not yet complete, for something more features complete we may have to wait a little bit longer
Now we invest mostly only in an idea although they have a working product that's only in beta. I hope they will complete every detail of their roadmap on time to see the working product soon.
full member
Activity: 952
Merit: 137
October 14, 2017, 10:51:45 AM
Yes its very nice that soma already collect near 5 million $. A lot of people really want to be a part of the project, Soma will continue to raise money I think, the community behind the project is huge and th me project show realy good argument to sucess, it’s important for investors.

Haven't even know that they are already at around 5,000,000$. Better for everyone if they reach enough to build this platform and really shows the interest in this project.

they need more marketing in my opinion. more coverage and banners on specialist websites.

yes, much more from everything. ico bench rating and so on, more blogs, more videos, more sexy girls ... Smiley

but raising 5m dollar so far isnt bad either ><
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