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Topic: [ANN][ICO] SOMA - The Social Marketplace - page 232. (Read 92796 times)

sr. member
Activity: 429
Merit: 252
August 31, 2017, 08:37:29 PM
#25
I will keep an eye on this
newbie
Activity: 12
Merit: 0
August 31, 2017, 05:07:56 PM
#24
What exactly does "locked up" mean?

Also, thanks for the other clarifications!
newbie
Activity: 42
Merit: 0
August 31, 2017, 03:44:05 PM
#23
Let my first post on Bitcointalk be one of puzzlement:

Why did the ICO progress bar jump from 3% to 0.21%? Did you have a minimum cap, removed it, and now it measures % of max cap reached?

Also, if max cap isn't reached, which obviously it won't, will the remaining coins be burned, or will the devs pocket the rest?

I was one of the 111 pre-salers; I am still enthused about the product itself, but I must admit the mourning process over my 7 lost eths is already well underway. They were so young, so innocent... Cry

The progress bar changed since it showed previously the progress of pre-sale, which had a maximum cap of 8000ETH. Now as the actual crowd sale begins, it will show the progress of it. If the max cap is not reached, the remaining tokens will be locked-up. We did have a quite minor pre-sale phase as we wanted to put substantial effort for the actual ICO round. We have currently doing good in development, our technical white paper is coming out soon, and we have partnered up with well-recognized companies in the blockchain industry to increase the exposure of the Soma project globally.
newbie
Activity: 12
Merit: 0
August 31, 2017, 03:21:18 PM
#22
Let my first post on Bitcointalk be one of puzzlement:

Why did the ICO progress bar jump from 3% to 0.21%? Did you have a minimum cap, removed it, and now it measures % of max cap reached?

Also, if max cap isn't reached, which obviously it won't, will the remaining coins be burned, or will the devs pocket the rest?

I was one of the 111 pre-salers; I am still enthused about the product itself, but I must admit the mourning process over my 7 lost eths is already well underway. They were so young, so innocent... Cry
sr. member
Activity: 266
Merit: 251
DIW - Security Decentralized,Life Revolutionized
August 31, 2017, 03:03:53 PM
#21
In my opinion, the coin is quite good. I think that she may have a good future. In any case, it is not worse than others. A serious development team, good marketing.
newbie
Activity: 42
Merit: 0
August 31, 2017, 02:54:31 PM
#20
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?


You can participate on our website, crowdsale starts 26th of September. 1 ETH =  450 SCT
full member
Activity: 518
Merit: 101
August 31, 2017, 10:29:13 AM
#19
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?
hero member
Activity: 532
Merit: 500
Worldcore - Banking for the Future
August 31, 2017, 10:17:29 AM
#18
i want to ask about the allocation for bounty, its says if the ICO reach the hard-cap
so is the amount still same if the ICO didnt reach the hardcap ?
full member
Activity: 280
Merit: 100
August 31, 2017, 10:11:04 AM
#17
bring your tokensoma.co and get your bounty soma.co
hero member
Activity: 980
Merit: 500
August 31, 2017, 07:17:56 AM
#16
Just found out that at the start of this year this project already raised approximately 1.5 million Euro funds by angel investors as mentioned in the opening post. That is huge amount of money which means that ICO is going to show us huge investment being poured into this.
newbie
Activity: 42
Merit: 0
August 31, 2017, 07:15:03 AM
#15
Looks interesting. Will for sure Review the whitepaper when available. However 120k is a hefty sum. Look forward to hear the Communitys oppinion on this one.

This is only a theoretical maximum and not a requirement for the Soma application release. Obviously, if the crowd sale will reach the maximum cap it will decrease the amount of time to get Soma expanded across the globe in different markets since we can allocate more resources towards it from the beginning. Soma has raised capital already from the traditional funding sources and the next version of the application will be released soon for testing on our website. Thus, the capital raised from the ICO is mainly allocated to implementation of blockchain-related features of the platform and mainstreaming Soma for the large masses. The cap of 120,000 ETH is a calculated theoretical maximum which enhances the expansion of Soma and ensures the wide adoption in the beginning.
full member
Activity: 364
Merit: 100
August 30, 2017, 04:43:17 PM
#14
Looks interesting. Will for sure Review the whitepaper when available. However 120k is a hefty sum. Look forward to hear the Communitys oppinion on this one.
sr. member
Activity: 658
Merit: 250
August 30, 2017, 04:37:26 PM
#13
the new project of the online community shop platform, somewhat different from the existing online shop.
in addition to shopping, consumers can also interact with other members. this will be great fun. I hope this will be a success.
member
Activity: 112
Merit: 10
August 30, 2017, 03:13:04 PM
#12
This is a flagship of social media  via Blockchain and highly innovative.
newbie
Activity: 2
Merit: 0
August 29, 2017, 09:40:38 AM
#11
I see an interesting concept here, consumers are not just shopping, but mutually benefiting fellow members of the community by providing an assessment for each consumer and producer, I support this project, hopefully running well
newbie
Activity: 42
Merit: 0
August 29, 2017, 06:13:21 AM
#10
I am interested in the project, book the white paper translation, if possible, translation experience.

Hi,

you can find our bounty campaign from this link: Bounty: https://bitcointalksearch.org/topic/bountyico-soma-the-decentralized-marketplace-2129964
member
Activity: 134
Merit: 10
August 28, 2017, 01:47:16 PM
#9
I am interested in the project, book the white paper translation, if possible, translation experience.
newbie
Activity: 42
Merit: 0
August 28, 2017, 11:25:21 AM
#8
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.

1ETH=450SCT


Our technical white paper will be soon released!
full member
Activity: 518
Merit: 101
August 28, 2017, 10:17:32 AM
#7
I see an interesting concept here, consumers are not just shopping, but mutually benefiting fellow members of the community by providing an assessment for each consumer and producer, I support this project, hopefully running well
sr. member
Activity: 686
Merit: 252
August 28, 2017, 09:54:29 AM
#6
There is no info about token distribution, token allocation, and more info about token

Please check the Website and the Whitepaper which contains all of this info. The Announcement was unfortunately too long so it had to be shortened a bit
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