[ANN][ICO] SOMA - The Social Marketplace - page 191.

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: Jay2408 on October 11, 2017, 10:48:33 AM

Quote from: MuffinMaster on October 11, 2017, 10:33:09 AM

Quote from: magisterr on October 11, 2017, 10:21:27 AM

Quote from: the_donald on October 11, 2017, 10:07:58 AM

Quote from: Bacotan Bae on October 11, 2017, 10:04:49 AM

Total tokens distributed
6426486 SCT

Max cap
120 000 ETH

Supply for Token sale
54 000 000 SCT

it took more hard work to get there soon max cap. I curious about what will happen when ICO is over.

I hope they'll continue the work even if they don't reach the cap.

They will countinue in any way. They said, that they already have some money from venture investors. And as we can see, they already made IOS alpha - so they working on project Roll Eyes

Ok. Thats good info that anyway they will continue work, but almost all ICOs have "soft cap" - did they not announce it?

No, they apparently have no soft cap, at least didn't announce anything. But they say in whitepaper that for each 1,500 ETH raised they will launch a marketing campaign into a new region/state, so with the so far collected money they can cover already some regions.

Regarding a soft cap, there has been an answer on Telegram from the team:

"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"

magisterr

sr. member

Activity: 1372

Merit: 259

I think without big money developing ll be more slowly. But they ll make this project in anyway.

sockpuppet1911

sr. member

Activity: 994

Merit: 278

Quote from: Jay2408 on October 11, 2017, 10:48:33 AM

Quote from: MuffinMaster on October 11, 2017, 10:33:09 AM

Quote from: magisterr on October 11, 2017, 10:21:27 AM

Quote from: the_donald on October 11, 2017, 10:07:58 AM

Quote from: Bacotan Bae on October 11, 2017, 10:04:49 AM

Total tokens distributed
6426486 SCT

Max cap
120 000 ETH

Supply for Token sale
54 000 000 SCT

it took more hard work to get there soon max cap. I curious about what will happen when ICO is over.

I hope they'll continue the work even if they don't reach the cap.

They will countinue in any way. They said, that they already have some money from venture investors. And as we can see, they already made IOS alpha - so they working on project Roll Eyes

Ok. Thats good info that anyway they will continue work, but almost all ICOs have "soft cap" - did they not announce it?

No, they apparently have no soft cap, at least didn't announce anything. But they say in whitepaper that for each 1,500 ETH raised they will launch a marketing campaign into a new region/state, so with the so far collected money they can cover already some regions.

I am wondering what those regions are going to be.

ParRus

full member

Activity: 490

Merit: 104

Quote from: Jay2408 on October 11, 2017, 10:48:33 AM

Quote from: MuffinMaster on October 11, 2017, 10:33:09 AM

Quote from: magisterr on October 11, 2017, 10:21:27 AM

Quote from: the_donald on October 11, 2017, 10:07:58 AM

Quote from: Bacotan Bae on October 11, 2017, 10:04:49 AM

Total tokens distributed
6426486 SCT

Max cap
120 000 ETH

Supply for Token sale
54 000 000 SCT

it took more hard work to get there soon max cap. I curious about what will happen when ICO is over.

I hope they'll continue the work even if they don't reach the cap.

They will countinue in any way. They said, that they already have some money from venture investors. And as we can see, they already made IOS alpha - so they working on project Roll Eyes

Ok. Thats good info that anyway they will continue work, but almost all ICOs have "soft cap" - did they not announce it?

No, they apparently have no soft cap, at least didn't announce anything. But they say in whitepaper that for each 1,500 ETH raised they will launch a marketing campaign into a new region/state, so with the so far collected money they can cover already some regions.

it's great, I look in social networks SOMA is well promoted, project team does a good job,
I think they are will complete their tasks

Islapdonkey

sr. member

Activity: 882

Merit: 277

If i had a dollar for every "had i known"

waiting to see how the integration with utrust might influence investor during ico.

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

Quote from: Mystic90 on October 11, 2017, 06:23:42 AM

Quote from: Yasemin on October 11, 2017, 06:16:44 AM

Quote from: levyashin on October 11, 2017, 05:52:46 AM

Quote from: Elkmar on October 11, 2017, 05:01:30 AM

Moreover, if a marketcap is too high at the beginning, the potential growth of the investments is limited.

This is very true.

Sometimes devs can't stop their greed and it makes investors lose.

If you have a good project you will probably get tons of money but if you don't put a max cap for it, only you will win and investors won't.

that makes sense, everyday i get to understand crypto better thanx to this forum. I wish we had a better understanding of how 'currency' works in general, that way we would appreciate crypto currency more. So im assuming its a good thing that Soma puts a hard cap in order to prevent inflation of the coin value.

If an ICO is uncapped, i dont even look at it anymore. Bancor ruined it all!

If people buy SOMA coins as an investment, will they use them on the marketplace? If there is a chance that your coin goes up in the next year, why would you want to buy something with it?

The problem with buy something is that SCT is not kind of exclusive, with UTrust integration people can use a wide range of crypto currencies

matjas

full member

Activity: 798

Merit: 115

Quote from: magisterr on October 11, 2017, 09:55:04 AM

Quote from: Piggy on October 11, 2017, 01:17:14 AM

Anybody can tell me, if there is active somewhere, a sign up to get to try the alpha/beta version in the near future?

They already have alpha version, but for IOS only. Im waiting for android version...

Is it just for testing the graphic design or you can actually put an item for sale already?

Jay2408

full member

Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: MuffinMaster on October 11, 2017, 10:33:09 AM

Quote from: magisterr on October 11, 2017, 10:21:27 AM

Quote from: the_donald on October 11, 2017, 10:07:58 AM

Quote from: Bacotan Bae on October 11, 2017, 10:04:49 AM

Total tokens distributed
6426486 SCT

Max cap
120 000 ETH

Supply for Token sale
54 000 000 SCT

it took more hard work to get there soon max cap. I curious about what will happen when ICO is over.

I hope they'll continue the work even if they don't reach the cap.

They will countinue in any way. They said, that they already have some money from venture investors. And as we can see, they already made IOS alpha - so they working on project Roll Eyes

Ok. Thats good info that anyway they will continue work, but almost all ICOs have "soft cap" - did they not announce it?

No, they apparently have no soft cap, at least didn't announce anything. But they say in whitepaper that for each 1,500 ETH raised they will launch a marketing campaign into a new region/state, so with the so far collected money they can cover already some regions.

MuffinMaster

sr. member

Activity: 1414

Merit: 265

Pepemo.vip

Quote from: magisterr on October 11, 2017, 10:21:27 AM

Quote from: the_donald on October 11, 2017, 10:07:58 AM

Quote from: Bacotan Bae on October 11, 2017, 10:04:49 AM

Total tokens distributed
6426486 SCT

Max cap
120 000 ETH

Supply for Token sale
54 000 000 SCT

it took more hard work to get there soon max cap. I curious about what will happen when ICO is over.

I hope they'll continue the work even if they don't reach the cap.

They will countinue in any way. They said, that they already have some money from venture investors. And as we can see, they already made IOS alpha - so they working on project Roll Eyes

Ok. Thats good info that anyway they will continue work, but almost all ICOs have "soft cap" - did they not announce it?

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: the_donald on October 11, 2017, 10:07:58 AM

Quote from: Bacotan Bae on October 11, 2017, 10:04:49 AM

Total tokens distributed
6426486 SCT

Max cap
120 000 ETH

Supply for Token sale
54 000 000 SCT

it took more hard work to get there soon max cap. I curious about what will happen when ICO is over.

I hope they'll continue the work even if they don't reach the cap.

They will countinue in any way. They said, that they already have some money from venture investors. And as we can see, they already made IOS alpha - so they working on project Roll Eyes

the_donald

full member

Activity: 588

Merit: 100

Quote from: Bacotan Bae on October 11, 2017, 10:04:49 AM

Total tokens distributed
6426486 SCT

Max cap
120 000 ETH

Supply for Token sale
54 000 000 SCT

it took more hard work to get there soon max cap. I curious about what will happen when ICO is over.

I hope they'll continue the work even if they don't reach the cap.

Bacotan Bae

sr. member

Activity: 504

Merit: 252

Total tokens distributed
6426486 SCT

Max cap
120 000 ETH

Supply for Token sale
54 000 000 SCT

it took more hard work to get there soon max cap. I curious about what will happen when ICO is over.

bitsurfer2014

hero member

Activity: 924

Merit: 520

Quote from: magisterr on October 11, 2017, 09:55:04 AM

Quote from: Piggy on October 11, 2017, 01:17:14 AM

Anybody can tell me, if there is active somewhere, a sign up to get to try the alpha/beta version in the near future?

They already have alpha version, but for IOS only. Im waiting for android version...

I'm eager to try the Alpha hopefully when i fix my Iphone icloud activation.

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: Piggy on October 11, 2017, 01:17:14 AM

Anybody can tell me, if there is active somewhere, a sign up to get to try the alpha/beta version in the near future?

They already have alpha version, but for IOS only. Im waiting for android version...

alphashotgun

full member

Activity: 154

Merit: 100

Quote from: yeswepump on October 11, 2017, 09:41:45 AM

Quote from: toolucky98 on October 11, 2017, 06:40:50 AM

Quote from: SomaCommunity on October 11, 2017, 05:16:59 AM

Quote from: Trrrt on October 10, 2017, 02:41:22 PM

I think the Facebook login will work soon, its an important features. But the demo is still really great, theisers interface seems really simple to use and well developped. I’m impatient to see the main platform be launched. Soma will have a huge value !

The Facebook login problem is solved now!

Good job sir, im still waiting for the android version

I just tried to login with Facebook but it didn't work. Is anybody having the same problem?

no it worked for me. i just have to take a look at the policies before i accept

yeswepump

legendary

Activity: 1162

Merit: 1011

Quote from: toolucky98 on October 11, 2017, 06:40:50 AM

Quote from: SomaCommunity on October 11, 2017, 05:16:59 AM

Quote from: Trrrt on October 10, 2017, 02:41:22 PM

I think the Facebook login will work soon, its an important features. But the demo is still really great, theisers interface seems really simple to use and well developped. I’m impatient to see the main platform be launched. Soma will have a huge value !

The Facebook login problem is solved now!

Good job sir, im still waiting for the android version

I just tried to login with Facebook but it didn't work. Is anybody having the same problem?

Rigorous

full member

Activity: 574

Merit: 115

If it is really like I said that Soma Tokens are awarded when reaching a new trust level, would that not be exploitable by 'liking' each other?

Piggy

hero member

Activity: 784

Merit: 1416

Quote from: levyashin on October 11, 2017, 07:25:53 AM

Quote from: Rigorous on October 11, 2017, 06:44:10 AM

Quote from: kraterion on October 10, 2017, 03:02:15 PM

Nice idea

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

Quote from: Mystic90 on October 11, 2017, 06:23:42 AM

If people buy SOMA coins as an investment, will they use them on the marketplace? If there is a chance that your coin goes up in the next year, why would you want to buy something with it?

I do not know if the paragraph below is worded the way it is to protect themselves from regulations, but looks like the tokens are not intended for investment purposes.

Please note that SCT is not an investment and cannot be considered as such. It is a revolutionary cryptographic token in a decentralized marketplace which will be owned by the users of the community. The early backers are the visionaries who will share the future of the Soma and the SCT.

Looks like Kickstarter where you pledge some money to help the developer make their dream come true and you get a reward as token of appreciation instead of a share in their company.

They are aiming for U.S market I guess. No dividend so U.S citizens can apply to ico.

But what is the token worth for then? If it gets billion dollar company, it doesn't mean that token will represent companies value, because there will be no share from profit.

So why should we invest soma token?

A nice explanation would be nice. I like the project but still, it is a big question.

The value of the token is determined from, how the project is doing and the role of the token itself in it.
In here the question is how mainstream SOMA can become

MuffinMaster

sr. member

Activity: 1414

Merit: 265

Pepemo.vip

Quote from: tiger5056 on October 11, 2017, 08:13:19 AM

Quote from: MuffinMaster on October 11, 2017, 08:05:56 AM

Quote from: haxllega on October 11, 2017, 07:31:07 AM

Quote from: levyashin on October 11, 2017, 05:52:46 AM

Quote from: Elkmar on October 11, 2017, 05:01:30 AM

Moreover, if a marketcap is too high at the beginning, the potential growth of the investments is limited.

This is very true.

Sometimes devs can't stop their greed and it makes investors lose.

If you have a good project you will probably get tons of money but if you don't put a max cap for it, only you will win and investors won't.

That's exactly true. Cindicator is a good example for a low hard cap. It was just 15M $ I think it will increase in value very much if it is on exchanges.

I don't know why everyone always look for big exchanges. I have seen many projects that have been listed on little exchanges for long time and price was rising continously.. It is all about project development. Even if they start from little exchange but they will work hard, i'm sure that sooner or later price will jump high.. even with little volume.

i do not think exchange is matter for project like SOMA eventually someone will list. look at PPT never got on exchange other than etherdelta but did good.

That's what i'm saying. If project is good developed community is growing in natural way and with time coming also traders.

cantdecide

full member

Activity: 336

Merit: 112

Quote from: tiger5056 on October 11, 2017, 08:13:19 AM

Quote from: MuffinMaster on October 11, 2017, 08:05:56 AM

Quote from: haxllega on October 11, 2017, 07:31:07 AM

Quote from: levyashin on October 11, 2017, 05:52:46 AM

Quote from: Elkmar on October 11, 2017, 05:01:30 AM

Moreover, if a marketcap is too high at the beginning, the potential growth of the investments is limited.

This is very true.

Sometimes devs can't stop their greed and it makes investors lose.

If you have a good project you will probably get tons of money but if you don't put a max cap for it, only you will win and investors won't.

That's exactly true. Cindicator is a good example for a low hard cap. It was just 15M $ I think it will increase in value very much if it is on exchanges.

I don't know why everyone always look for big exchanges. I have seen many projects that have been listed on little exchanges for long time and price was rising continously.. It is all about project development. Even if they start from little exchange but they will work hard, i'm sure that sooner or later price will jump high.. even with little volume.

i do not think exchange is matter for project like SOMA eventually someone will list. look at PPT never got on exchange other than etherdelta but did good.

Every coin will find an exchange, even if I don't like etherdelta, it will at least be able to get listed there. If the project will do well it will also go to bigger exchanges with time.

Topic: [ANN][ICO] SOMA - The Social Marketplace - page 191. (Read 92825 times)