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Topic: [ANN][ICO] SOMA - The Social Marketplace - page 179. (Read 92796 times)

hero member
Activity: 784
Merit: 1416
October 14, 2017, 10:47:20 AM
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.
Exactly, every dumps are caused mostly by bounty hunters. Team members and advisors are holding tokens because it is in their best interest to do this

But the number of tokens allocated for bounty isn't big enough to affect the market. I don't think bounty hunters able to ruin a project with their dump.

I dont think is matter of ruining the project if people are paid in tokens for a job they do, they will cash out if they need to pay bills Smiley
sr. member
Activity: 1022
Merit: 252
October 14, 2017, 10:36:45 AM
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.
Exactly, every dumps are caused mostly by bounty hunters. Team members and advisors are holding tokens because it is in their best interest to do this

But the number of tokens allocated for bounty isn't big enough to affect the market. I don't think bounty hunters able to ruin a project with their dump.
full member
Activity: 588
Merit: 100
October 14, 2017, 10:10:20 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.
full member
Activity: 336
Merit: 112
October 14, 2017, 09:47:27 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.
hero member
Activity: 784
Merit: 1416
October 14, 2017, 09:16:09 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
hero member
Activity: 1736
Merit: 857
October 14, 2017, 08:59:16 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.
full member
Activity: 294
Merit: 100
October 14, 2017, 08:40:35 AM
So, they had tokens sale for "angel investors" before? Which price was for this investors?

Think there wasnt a sale for angel investors, they are usually just people contacting the devs.
They make an arrangement with the team. This is outside presale & crowdsale terms but this is not for small amounts, we are talking here about millions.


Normally when you invest that much you have quite an advantageous price.
full member
Activity: 448
Merit: 107
October 14, 2017, 08:37:35 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.
hero member
Activity: 784
Merit: 1416
October 14, 2017, 08:33:38 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.
full member
Activity: 490
Merit: 100
October 14, 2017, 07:57:43 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.
They already have a definite strategy for the collected amount.
Quote
In the ICO campaign of every 1,500 ETH, we are expanding our marketplace to a new region or state. The goal is to grow in favor of the early adopter.
So it means that they have expanded their project to almost 10 new region or state right now.
full member
Activity: 154
Merit: 100
October 14, 2017, 07:36:00 AM
If you dont have time to read the whitepaper, but want to read a short summary of the SOMA project; you can check this article
http://cryptocreed.com/2017/10/13/soma-blockchain-based-social-marketplace/
I encourage everyone to read the whitepaper before investing

Not the best article. But thnx for sharing anyway. What i find funny is that he says there is a few problems that needs to be solved:

"But there are few problems which need to  get solve. According to website of SOMA, “SOMA is a revolutionary decentralized platform which facilitates trade  inside the Soma community through a rewarding system that enables beneficial collaboration of the community members Users are an encouraged to engage in actions that will benefit every one on platform”. SOMA is first and exclusive social marketplace which will reward users for aiding the process of exchanging. This is platform where users wealth will increase by joining social capial of community. SOMA team planned to be a worls internet’s largest marketplace where the benefit of the decentralized platform are utilized efficiently."

But then he doesnt list a probleme with SOMA anywhere in the blog Cheesy
full member
Activity: 490
Merit: 104
October 14, 2017, 07:27:27 AM
found video guide, will explained how to get involved if you have never purchased any cryptocurrency before, I think it will be useful for beginners:
https://www.youtube.com/watch?v=ZEgmosoF1P4
full member
Activity: 224
Merit: 100
Become Part of the Mining Family
October 14, 2017, 07:22:33 AM
If you dont have time to read the whitepaper, but want to read a short summary of the SOMA project; you can check this article
http://cryptocreed.com/2017/10/13/soma-blockchain-based-social-marketplace/
I encourage everyone to read the whitepaper before investing
full member
Activity: 798
Merit: 115
October 14, 2017, 07:18:58 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.
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
October 14, 2017, 06:49:19 AM
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.
Exactly, every dumps are caused mostly by bounty hunters. Team members and advisors are holding tokens because it is in their best interest to do this
In the paypie ICO, for example, many ICO participants dumped their coins right after they got their coins. Bounty distribution had not been paid until now.

I think the reasons behind paypie dump is upcoming btc fork so everybody trying to turn btc and last minute unannounced partner. It was on etherdelta only so the drop would be deeper thanks to it.

There is always risk element in contributing an ico. It is like same when buying some alt from exchanges. It can dump or pump. For example, another of my contributed ico vibehub made a 5x in one day.

full member
Activity: 224
Merit: 100
Become Part of the Mining Family
October 14, 2017, 06:34:44 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
Thats a great amount, but its still far away from the max cap (120.000 ETH).
I also want to know if that amount is already included with the Angel investor's investment.

If there was an angel investor, i dont think his investment is in these numbers. Still hoping for an official statement on this

The typical angel investment is $25,000 to $100,000 a company, but can go higher. (source: Forbes.com). So I that money can already be included I suppose
full member
Activity: 154
Merit: 100
October 14, 2017, 06:16:08 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
Thats a great amount, but its still far away from the max cap (120.000 ETH).
I also want to know if that amount is already included with the Angel investor's investment.

If there was an angel investor, i dont think his investment is in these numbers. Still hoping for an official statement on this
full member
Activity: 154
Merit: 100
October 14, 2017, 06:13:33 AM
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.
Exactly, every dumps are caused mostly by bounty hunters. Team members and advisors are holding tokens because it is in their best interest to do this
In the paypie ICO, for example, many ICO participants dumped their coins right after they got their coins. Bounty distribution had not been paid until now.

yes! i was one of those lucky guys who didnt get bounty
full member
Activity: 392
Merit: 100
October 14, 2017, 06:02:11 AM
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.
Exactly, every dumps are caused mostly by bounty hunters. Team members and advisors are holding tokens because it is in their best interest to do this
In the paypie ICO, for example, many ICO participants dumped their coins right after they got their coins. Bounty distribution had not been paid until now.
full member
Activity: 490
Merit: 100
October 14, 2017, 05:36:03 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
Thats a great amount, but its still far away from the max cap (120.000 ETH).
I also want to know if that amount is already included with the Angel investor's investment.
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