Author

Topic: [ANN][ICO] SOMA - The Social Marketplace - page 189. (Read 92796 times)

sr. member
Activity: 672
Merit: 261
October 12, 2017, 03:35:27 AM
I didn't say that it must be a big exchange at the beginning. If it's a good project it could also boost on etherdelta.

ED is ok for 2 days, SOMA must have a partnership with an exchange for after there ICO.
A fast listed project right after ICO will give you investors who were just to late, if it takes to long those investors will be to another project or forgot about it. Exchanges are very important and I dont think ED is that one.


The problem with Etherdela is, that most people just don't like to trade on it so a different exchange would be nice. But I also think, it doesn't need to be Bittrex or Polo to become successful.

Etherdelta will remain the favorite place for some people because most token will be available to trade at that place. No need to wait for a longer time for a new token to be listed on etherdelta. Btw, 14k eth has been collected during this crowdsale. Still plenty of time to participate. Don't miss it!

I am growing to like Etherdelta too but i have to admit that i understand why some people rather not use it. It's hard to compare to traditional exchanges. But just not being able to cancel orders manually is kinda annoying.

The cancel order thing is because the sell is a smart contract. You cant cancel the smart contract (as i understand it). However annoying this is, its a good thing for ETH based tokens that the smart contracts cant be cancelled. Imagine bigger use cases for smart contract like selling a house, you dont want to be able to cancel that contract for no reason right?

The house contract is a very good example but what about an escrow like contract ? three persons
full member
Activity: 154
Merit: 100
October 12, 2017, 03:06:07 AM
I didn't say that it must be a big exchange at the beginning. If it's a good project it could also boost on etherdelta.

ED is ok for 2 days, SOMA must have a partnership with an exchange for after there ICO.
A fast listed project right after ICO will give you investors who were just to late, if it takes to long those investors will be to another project or forgot about it. Exchanges are very important and I dont think ED is that one.


The problem with Etherdela is, that most people just don't like to trade on it so a different exchange would be nice. But I also think, it doesn't need to be Bittrex or Polo to become successful.

Etherdelta will remain the favorite place for some people because most token will be available to trade at that place. No need to wait for a longer time for a new token to be listed on etherdelta. Btw, 14k eth has been collected during this crowdsale. Still plenty of time to participate. Don't miss it!

I am growing to like Etherdelta too but i have to admit that i understand why some people rather not use it. It's hard to compare to traditional exchanges. But just not being able to cancel orders manually is kinda annoying.

The cancel order thing is because the sell is a smart contract. You cant cancel the smart contract (as i understand it). However annoying this is, its a good thing for ETH based tokens that the smart contracts cant be cancelled. Imagine bigger use cases for smart contract like selling a house, you dont want to be able to cancel that contract for no reason right?
legendary
Activity: 1134
Merit: 1002
October 12, 2017, 02:49:11 AM
It looks like a quality project. Now, when they do ICO, they are paying strict attention to the presentation which is gorgeous. It would be useful to examine the Soma project a little closer.
hero member
Activity: 784
Merit: 1416
October 12, 2017, 02:32:01 AM
Have dev answeres to that SOMA token concern yet? The question was like, what's the actual token's usage if a trust system with trust point will be in place?

I thought it over and found a way to solve it.

Your trust points will be permanently linked to your account. Each time your total number of trust points reaches a new all time high you are rewarded with Soma tokens. The Soma tokens can be freely traded, but won't have an influence on your trust points.

I will gladly accept a commission for this invention Grin

Nice idea Cheesy but seriously, apart from pay for promoting your product, how SCT will grow up in value? It will be only a speculative token?

If the SCT token grows up in value, will people still be trading on the platform, or will they want to hold their tokens?

Well, you can still use the token to buy something on the platform with the gains you have made, i think one thing doesn't necessarily exclude the other.
sr. member
Activity: 672
Merit: 261
October 12, 2017, 02:11:22 AM
ICO specs
Soma Community Tokens will have a maximum of 60,000,000 units. We are launching
60,000,000 SCT in ICO, of which 54,000,000 are sold at ICO. The last 6,000,000 SCT units
will be used for growing, marketing and rewarding active participants of ICO campaign.
Funds are managed by Soma. Note that the pre sale bonuses are paid out of this
(6,000,000 SCT) fund.
As for the ICO round - the funds will be utilized as follows:


35% Marketing and area launches
20% Product development and technology
20% Legal issues and patents
10% Community reward
15% Operational team


The maximum target is 120,000 ETH.

Our technical white paper will be soon released!
exchange?
1 ETH =? SCT
How and where should I join ICO?

I think you can test it by sending 1 eth and see how much you get  Grin
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
October 12, 2017, 02:09:07 AM
I think soma wlll je listed on many exchange, it will be a big project and will easily be listed on major exchange. The value of soma will be very high I think, the ico will raise a lot of money with the actual visibility and the demo !

After the latest updates and partnerships, I see a lot of potential for a Top 15 or Top 10 who knows. a great place to apply for investments, I hope to see you listed soon and the best, given the work we see will not be difficult, I wish luck to those who are astute in this opportunity
TOP 15 at whole cryptocurrencies market cap? Beautiful dreams but almost impossible to achieve. I would say that top 50 is more than possible  Wink

There is always potential for any alt to breach top 50, 15 and even 10, especially if you take into account the high numbers of tokens in circulation. If a huge whale decides one day to just raise the buy order from <1 cent to even 1 dollar, then you multiply the supply by x100 and you have it boosted so high. That is the problem with looking at these alts. So much metrics to look into and analyze. Top 50? Even top 100 is an achievement for Soma.
sr. member
Activity: 994
Merit: 278
October 12, 2017, 02:04:27 AM
I didn't say that it must be a big exchange at the beginning. If it's a good project it could also boost on etherdelta.

ED is ok for 2 days, SOMA must have a partnership with an exchange for after there ICO.
A fast listed project right after ICO will give you investors who were just to late, if it takes to long those investors will be to another project or forgot about it. Exchanges are very important and I dont think ED is that one.


The problem with Etherdela is, that most people just don't like to trade on it so a different exchange would be nice. But I also think, it doesn't need to be Bittrex or Polo to become successful.

Etherdelta will remain the favorite place for some people because most token will be available to trade at that place. No need to wait for a longer time for a new token to be listed on etherdelta. Btw, 14k eth has been collected during this crowdsale. Still plenty of time to participate. Don't miss it!

I am growing to like Etherdelta too but i have to admit that i understand why some people rather not use it. It's hard to compare to traditional exchanges. But just not being able to cancel orders manually is kinda annoying.
full member
Activity: 588
Merit: 100
October 12, 2017, 01:42:50 AM
Have dev answeres to that SOMA token concern yet? The question was like, what's the actual token's usage if a trust system with trust point will be in place?

I thought it over and found a way to solve it.

Your trust points will be permanently linked to your account. Each time your total number of trust points reaches a new all time high you are rewarded with Soma tokens. The Soma tokens can be freely traded, but won't have an influence on your trust points.

I will gladly accept a commission for this invention Grin

Nice idea Cheesy but seriously, apart from pay for promoting your product, how SCT will grow up in value? It will be only a speculative token?

If the SCT token grows up in value, will people still be trading on the platform, or will they want to hold their tokens?

yes there people can hold soma token or if they want trade with soma also can trade. i think soma token is valuable so we should hold for bright future.

Some will get value when the platform is live and more people use the service, before that it will be speculative, and it won't grow much further ICO price, or perhaps it will go below ICO price for a little, that is normal with this kind of project that take time to get the product out, look at PayPie, a big project with a lot of disruptive potentials that sold out in 6 hours, is selling at ICO price and sometimes in less, their product won't be out until q2 2018 in its basic form, and completely functional until Jan 2019, only then its price will increase very high, the same will happen to SOMA, so you will have to hold at least 1 month after product launch.

like most projects the Soma token is a promise of future gains. you will have to hold for a long time if you want to see big profits.
sr. member
Activity: 350
Merit: 250
October 12, 2017, 01:25:27 AM
Have dev answeres to that SOMA token concern yet? The question was like, what's the actual token's usage if a trust system with trust point will be in place?

I thought it over and found a way to solve it.

Your trust points will be permanently linked to your account. Each time your total number of trust points reaches a new all time high you are rewarded with Soma tokens. The Soma tokens can be freely traded, but won't have an influence on your trust points.

I will gladly accept a commission for this invention Grin

Nice idea Cheesy but seriously, apart from pay for promoting your product, how SCT will grow up in value? It will be only a speculative token?

If the SCT token grows up in value, will people still be trading on the platform, or will they want to hold their tokens?

yes there people can hold soma token or if they want trade with soma also can trade. i think soma token is valuable so we should hold for bright future.

Some will get value when the platform is live and more people use the service, before that it will be speculative, and it won't grow much further ICO price, or perhaps it will go below ICO price for a little, that is normal with this kind of project that take time to get the product out, look at PayPie, a big project with a lot of disruptive potentials that sold out in 6 hours, is selling at ICO price and sometimes in less, their product won't be out until q2 2018 in its basic form, and completely functional until Jan 2019, only then its price will increase very high, the same will happen to SOMA, so you will have to hold at least 1 month after product launch.
sr. member
Activity: 476
Merit: 250
October 12, 2017, 01:17:03 AM
Have dev answeres to that SOMA token concern yet? The question was like, what's the actual token's usage if a trust system with trust point will be in place?

I thought it over and found a way to solve it.

Your trust points will be permanently linked to your account. Each time your total number of trust points reaches a new all time high you are rewarded with Soma tokens. The Soma tokens can be freely traded, but won't have an influence on your trust points.

I will gladly accept a commission for this invention Grin

Nice idea Cheesy but seriously, apart from pay for promoting your product, how SCT will grow up in value? It will be only a speculative token?

If the SCT token grows up in value, will people still be trading on the platform, or will they want to hold their tokens?

yes there people can hold soma token or if they want trade with soma also can trade. i think soma token is valuable so we should hold for bright future.
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
October 12, 2017, 01:14:01 AM
I think soma wlll je listed on many exchange, it will be a big project and will easily be listed on major exchange. The value of soma will be very high I think, the ico will raise a lot of money with the actual visibility and the demo !

After the latest updates and partnerships, I see a lot of potential for a Top 15 or Top 10 who knows. a great place to apply for investments, I hope to see you listed soon and the best, given the work we see will not be difficult, I wish luck to those who are astute in this opportunity
TOP 15 at whole cryptocurrencies market cap? Beautiful dreams but almost impossible to achieve. I would say that top 50 is more than possible  Wink

Making unrealistic expectation only make you disappointed. Soma is a good project but getting top 10-15 with hard cap funded, probably means 10x profit. It is not easily achievable. Just wait, if it is really good, one day it is possible. But not likely in short term.
full member
Activity: 224
Merit: 100
Become Part of the Mining Family
October 12, 2017, 12:14:20 AM
Have dev answeres to that SOMA token concern yet? The question was like, what's the actual token's usage if a trust system with trust point will be in place?

I thought it over and found a way to solve it.

Your trust points will be permanently linked to your account. Each time your total number of trust points reaches a new all time high you are rewarded with Soma tokens. The Soma tokens can be freely traded, but won't have an influence on your trust points.

I will gladly accept a commission for this invention Grin

Nice idea Cheesy but seriously, apart from pay for promoting your product, how SCT will grow up in value? It will be only a speculative token?

If the SCT token grows up in value, will people still be trading on the platform, or will they want to hold their tokens?
sr. member
Activity: 882
Merit: 277
If i had a dollar for every "had i known"
October 11, 2017, 07:58:07 PM
This project benefits from a small number of coins. 60 million for our time is a rarity in ico
The number of coins isn't so important as the real cap of the project. If earlier there were real cap and projects were growing in price, then now everyone wants to immediately earn money before creating a project.

When/if a team delivers on a proposed platform, Token amount becomes an afterthought.
full member
Activity: 490
Merit: 104
October 11, 2017, 07:26:38 PM
This project benefits from a small number of coins. 60 million for our time is a rarity in ico
The number of coins isn't so important as the real cap of the project. If earlier there were real cap and projects were growing in price, then now everyone wants to immediately earn money before creating a project.
Yes, capitalization is of course the main thing.
there maybe psychological aspect - when you see the cost of one coin from +1dollar - it inspires respect
sr. member
Activity: 420
Merit: 250
October 11, 2017, 05:59:12 PM
I think soma wlll je listed on many exchange, it will be a big project and will easily be listed on major exchange. The value of soma will be very high I think, the ico will raise a lot of money with the actual visibility and the demo !

After the latest updates and partnerships, I see a lot of potential for a Top 15 or Top 10 who knows. a great place to apply for investments, I hope to see you listed soon and the best, given the work we see will not be difficult, I wish luck to those who are astute in this opportunity
TOP 15 at whole cryptocurrencies market cap? Beautiful dreams but almost impossible to achieve. I would say that top 50 is more than possible  Wink
It sounds ridiculous, in the top 100 hit is a huge success. There are already thousands of successful projects on the market. Of course I wish great success to the team.
sr. member
Activity: 518
Merit: 250
October 11, 2017, 05:14:49 PM
I think soma wlll je listed on many exchange, it will be a big project and will easily be listed on major exchange. The value of soma will be very high I think, the ico will raise a lot of money with the actual visibility and the demo !

After the latest updates and partnerships, I see a lot of potential for a Top 15 or Top 10 who knows. a great place to apply for investments, I hope to see you listed soon and the best, given the work we see will not be difficult, I wish luck to those who are astute in this opportunity
TOP 15 at whole cryptocurrencies market cap? Beautiful dreams but almost impossible to achieve. I would say that top 50 is more than possible  Wink
sr. member
Activity: 1022
Merit: 252
October 11, 2017, 05:12:39 PM
I didn't say that it must be a big exchange at the beginning. If it's a good project it could also boost on etherdelta.

ED is ok for 2 days, SOMA must have a partnership with an exchange for after there ICO.
A fast listed project right after ICO will give you investors who were just to late, if it takes to long those investors will be to another project or forgot about it. Exchanges are very important and I dont think ED is that one.


The problem with Etherdela is, that most people just don't like to trade on it so a different exchange would be nice. But I also think, it doesn't need to be Bittrex or Polo to become successful.

Etherdelta will remain the favorite place for some people because most token will be available to trade at that place. No need to wait for a longer time for a new token to be listed on etherdelta. Btw, 14k eth has been collected during this crowdsale. Still plenty of time to participate. Don't miss it!
sr. member
Activity: 420
Merit: 250
October 11, 2017, 05:11:18 PM
This project benefits from a small number of coins. 60 million for our time is a rarity in ico
The number of coins isn't so important as the real cap of the project. If earlier there were real cap and projects were growing in price, then now everyone wants to immediately earn money before creating a project.
full member
Activity: 252
Merit: 100
October 11, 2017, 04:57:53 PM
This project benefits from a small number of coins. 60 million for our time is a rarity in ico

imho the number of coins doesn't really matter that much, since coins are usually also divisible by fractions of coins. What's more important to the medium and long term price of the coin is the inflation rate.
sr. member
Activity: 1736
Merit: 254
October 11, 2017, 04:31:31 PM
This project benefits from a small number of coins. 60 million for our time is a rarity in ico
Jump to: