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Topic: [ANN][ICO] SOMA - The Social Marketplace - page 220. (Read 92796 times)

sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
October 04, 2017, 06:03:54 AM
So many questions and so less answers, only guesses.
Who is the dev here in bitcointalk?
ColorlessK is the OP-creator as far as I see and even he didn't respond since days.


I am sur the devs will answer the questions in 1 block. Community is too much important to ignore it now  Smiley

He is right, there should be more answers. I believe they have too many things to get order but still, they should communicate with their community more.
full member
Activity: 294
Merit: 100
October 04, 2017, 05:27:59 AM
So many questions and so less answers, only guesses.
Who is the dev here in bitcointalk?
ColorlessK is the OP-creator as far as I see and even he didn't respond since days.


I am sur the devs will answer the questions in 1 block. Community is too much important to ignore it now  Smiley
sr. member
Activity: 770
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 04, 2017, 05:26:18 AM
So many questions and so less answers, only guesses.
Who is the dev here in bitcointalk?
ColorlessK is the OP-creator as far as I see and even he didn't respond since days.
full member
Activity: 252
Merit: 100
October 04, 2017, 05:18:51 AM
Although the intention of the project is to cut out the 'redundant actors' and let the liquidity result in price-discovery, it is unclear price-discovery will occur for less-common items (eg. like how ebay used to be).
hero member
Activity: 1078
Merit: 504
October 04, 2017, 04:39:29 AM
Im impressed by the Soma team, wich includes a security specialist and legal advisor. I wonder why this thread isn't booming with posts...

Its a good thing to see they have published most of the details about their team and it seems like they are the most qualified and diversified people on one project.
full member
Activity: 154
Merit: 100
0x3a730F3323481De284C92Ad82764D095f188B41b
October 04, 2017, 03:36:52 AM
What will happen to unsold tokens after the ICO? Will they be burned or used for building a community or promotion the project?
I want to know also what are you going to do to unsold tokens? I suggest dont burn it because its help to yoir project , its better if you create social media campaign and many campaigns that promote soma coin so it will become popular and once list to the exchanges site many trader will buy because they see the potential of soma.
I think that if they don't raise the minimum cap, it is better to burn the tokens, because it will be beneficial for investors.

Yes, burning the unsold tokens is one solution. Another one is to freeze them for a certain time period like 5 years and then again do ICO at the current price.

Dont freeze, just burn!
Burning will give the investors more profit and the price of the tokens will keep rising. If they have there max cap they dont need to do anything so hope they dont have to burn or freeze Wink

It's the good thing for us but not the best thing for them. If they burn them it will be generous, but if they keep them, i can't blame them.

It's not about being generous, it's about being responsible.
Burning the unsold tokens is their responsibility towards the investors.
Believe that the SOMA project team is responsible.
Will introduce various measures that are beneficial to investors.
As long as it is alive is a kind of responsibility for investors. Wink Wink
sr. member
Activity: 994
Merit: 278
October 04, 2017, 03:32:02 AM
What will happen to unsold tokens after the ICO? Will they be burned or used for building a community or promotion the project?
I want to know also what are you going to do to unsold tokens? I suggest dont burn it because its help to yoir project , its better if you create social media campaign and many campaigns that promote soma coin so it will become popular and once list to the exchanges site many trader will buy because they see the potential of soma.
I think that if they don't raise the minimum cap, it is better to burn the tokens, because it will be beneficial for investors.

Yes, burning the unsold tokens is one solution. Another one is to freeze them for a certain time period like 5 years and then again do ICO at the current price.

Dont freeze, just burn!
Burning will give the investors more profit and the price of the tokens will keep rising. If they have there max cap they dont need to do anything so hope they dont have to burn or freeze Wink


It's the good thing for us but not the best thing for them. If they burn them it will be generous, but if they keep them, i can't blame them.

It's not about being generous, it's about being responsible.
Burning the unsold tokens is their responsibility towards the investors.

Not necessary, depends how they would be used, in a long term there could be some plus sides of having spare tokens to share for pr or outsourcing jobs etc. But then again, it's all same to me if it benefits soma in a long run.
full member
Activity: 224
Merit: 100
Become Part of the Mining Family
October 04, 2017, 03:20:05 AM
Im impressed by the Soma team, wich includes a security specialist and legal advisor. I wonder why this thread isn't booming with posts...
sr. member
Activity: 798
Merit: 262
October 04, 2017, 03:16:32 AM
What will happen to unsold tokens after the ICO? Will they be burned or used for building a community or promotion the project?
I want to know also what are you going to do to unsold tokens? I suggest dont burn it because its help to yoir project , its better if you create social media campaign and many campaigns that promote soma coin so it will become popular and once list to the exchanges site many trader will buy because they see the potential of soma.
I think that if they don't raise the minimum cap, it is better to burn the tokens, because it will be beneficial for investors.

Yes, burning the unsold tokens is one solution. Another one is to freeze them for a certain time period like 5 years and then again do ICO at the current price.

Dont freeze, just burn!
Burning will give the investors more profit and the price of the tokens will keep rising. If they have there max cap they dont need to do anything so hope they dont have to burn or freeze Wink

It's the good thing for us but not the best thing for them. If they burn them it will be generous, but if they keep them, i can't blame them.

It's not about being generous, it's about being responsible.
Burning the unsold tokens is their responsibility towards the investors.
sr. member
Activity: 994
Merit: 278
October 04, 2017, 03:14:31 AM
Quick question: I see that most of your team are Finnish, and you are looking for a full stack developer. Would i have to live in Finland if i wanted to work on your company?
full member
Activity: 154
Merit: 100
October 04, 2017, 03:13:05 AM
Here the video reviews for Indonesian People with Indonesian Language
Watch and enjoy!! Youtube video: https://youtu.be/xIdkfwCTizk


I don't know even a word in Indonesian but this video looks very professional. Would you do english version (or at least add subtitles)?  Wink

This can be ask in the bounty section.
I have done some video's for ICO's with Dutch subtitles, there are bounty hunters who would like to do this Smiley.

Joining the bounty for translation, I'm glad they select me so I can know more about this great project.
Cant wait to dig deeper Wink

Keep it up team!


I should look into more translation bounties. I guess you already covered the Dutch translation for SOMA. If some devs want me to take a quick look over for any grammar checks, or spell mistakes in Dutch let me know Cheesy
I will be happy to help for a small bounty
sr. member
Activity: 476
Merit: 250
October 04, 2017, 03:00:39 AM
Are you going to patent the ICC card in all regions? I've heard that's pretty costly, but profitable if other people start to pay for using your patent.

What is ICC? is there ICC plan?

I think you mean IIC. Its Interactive Item Card; Info on website says its some kind of representation of the physical item that you want to sell. It looks like something very unique, and makes this project different than others.
surely unique, and i am just waiting for the final product i see how this will look like, and work out maybe, but i am high on hopes that this is going to be one of its kind in the crypto system.

hmm. that is very good and unique system coming on market. i think this will be more useful or users. they will sell or buy with discounted price or bit system that will time tell us when platform launch. i think this project is very promising. i am going tell my friend bout this project then we will invest on this project.
sr. member
Activity: 1372
Merit: 259
October 04, 2017, 02:50:29 AM
burning the unsold tokens doubtless the best way. Its increases the value of tokens. But they have more that a mounth for crowdsale. SO they can sold all tokens
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
October 04, 2017, 02:30:25 AM
What will happen to unsold tokens after the ICO? Will they be burned or used for building a community or promotion the project?
I want to know also what are you going to do to unsold tokens? I suggest dont burn it because its help to yoir project , its better if you create social media campaign and many campaigns that promote soma coin so it will become popular and once list to the exchanges site many trader will buy because they see the potential of soma.
I think that if they don't raise the minimum cap, it is better to burn the tokens, because it will be beneficial for investors.

Yes, burning the unsold tokens is one solution. Another one is to freeze them for a certain time period like 5 years and then again do ICO at the current price.

Dont freeze, just burn!
Burning will give the investors more profit and the price of the tokens will keep rising. If they have there max cap they dont need to do anything so hope they dont have to burn or freeze Wink

It's the good thing for us but not the best thing for them. If they burn them it will be generous, but if they keep them, i can't blame them.
sr. member
Activity: 630
Merit: 276
October 04, 2017, 02:23:07 AM
What will happen to unsold tokens after the ICO? Will they be burned or used for building a community or promotion the project?
I want to know also what are you going to do to unsold tokens? I suggest dont burn it because its help to yoir project , its better if you create social media campaign and many campaigns that promote soma coin so it will become popular and once list to the exchanges site many trader will buy because they see the potential of soma.
I think that if they don't raise the minimum cap, it is better to burn the tokens, because it will be beneficial for investors.

Yes, burning the unsold tokens is one solution. Another one is to freeze them for a certain time period like 5 years and then again do ICO at the current price.

Dont freeze, just burn!
Burning will give the investors more profit and the price of the tokens will keep rising. If they have there max cap they dont need to do anything so hope they dont have to burn or freeze Wink
full member
Activity: 588
Merit: 100
October 04, 2017, 02:18:04 AM
What will happen to unsold tokens after the ICO? Will they be burned or used for building a community or promotion the project?
I want to know also what are you going to do to unsold tokens? I suggest dont burn it because its help to yoir project , its better if you create social media campaign and many campaigns that promote soma coin so it will become popular and once list to the exchanges site many trader will buy because they see the potential of soma.
I think that if they don't raise the minimum cap, it is better to burn the tokens, because it will be beneficial for investors.

Yes, burning the unsold tokens is one solution. Another one is to freeze them for a certain time period like 5 years and then again do ICO at the current price.

burning or freezing works. burning is probably better in the long run as the token doesn't suffer from the threat of inflation. with freezing , you only have 5 years to profit from it.
full member
Activity: 154
Merit: 100
0x3a730F3323481De284C92Ad82764D095f188B41b
October 04, 2017, 01:40:47 AM
There are many do not understand the place, is trying to interpret.
Cool fox logo, this is where I was attracted.
Burning the unsold token, freeze the lock in the hands of the team.
This is a good way
sr. member
Activity: 798
Merit: 262
October 04, 2017, 12:58:34 AM
What will happen to unsold tokens after the ICO? Will they be burned or used for building a community or promotion the project?
I want to know also what are you going to do to unsold tokens? I suggest dont burn it because its help to yoir project , its better if you create social media campaign and many campaigns that promote soma coin so it will become popular and once list to the exchanges site many trader will buy because they see the potential of soma.
I think that if they don't raise the minimum cap, it is better to burn the tokens, because it will be beneficial for investors.

Yes, burning the unsold tokens is one solution. Another one is to freeze them for a certain time period like 5 years and then again do ICO at the current price.
full member
Activity: 336
Merit: 112
October 04, 2017, 12:57:52 AM
So the ICC card shows the complete trading history of an item. Let's say you are selling a DSLR or lenses, a laptop or what ever, you can for example difference everything through their serial number, to check if the ICC is the one belonging to the item. But what about items which have no serial number?

I am not well versed in the second-hand trading. Is it usual for items to change hands so often that they can benefit from having a ... diary?

Well I bought myself some second hand lenses so far, which would be much more expensive if you buy them new. For this for example it is often written/said how many people have owned them so far, when it was bought, maybe if there was a repair needed etc. I think at this point Soma could help here because you could see if the written/said is true or not. Maybe someone wants to lie because the lens wasn't bought new from him but two persons before or something.

But I am wondering how you want to manage this with items you can't track through a serial number or something like that.

The card will only work if said item is being sold and bought constantly in the platform, if it was brought before, for example, 3 times before entering the soma platform, and the one selling it doesn't know how many times it was bought, it will appear that it was just recently used,  the seller could lie too and start with a fresh second hand item, so to me at least is a little confusing the concept of the card, it can get you a security about the product, but only when it first got the platform.

Well I understood it like this and of course it just works with items sold on the platform itself. But then I am also asking myself if the ICC system is really needed, because as you have mentioned, it just works when the item is constantly sold on the platform but still here you can lie whenever you want. The concept to make it trackable is really a great idea and I see a use for this, but on the other side, it seems unmanageable.
hero member
Activity: 910
Merit: 512
October 04, 2017, 12:29:58 AM
Here the video reviews for Indonesian People with Indonesian Language
Watch and enjoy!! Youtube video: https://youtu.be/xIdkfwCTizk


I don't know even a word in Indonesian but this video looks very professional. Would you do english version (or at least add subtitles)?  Wink
thanks alot for your apreciation. may be i ll do that in the next video(subtitles). i dont quite understand how to speak english. i just want make my video looks cool. hope the indonesian people understand what i said.
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