SOMA Token release
We would like to announce the date when SCT is going to be released.
The date for release is Sunday 10.12
We would like to announce the date when SCT is going to be released.
The date for release is Sunday 10.12
why so long ? is there any reason to do that ?
no one cares about yobit or etherdelta. Soma must be listed on big exchanges. Yobit has so low volume. is it so difficult to add bittrex or polo or binance ? you had good money from ICO , why not using ? even this shit coins (start with e coins) can listed on yobit or idex. same shit.
I think that one of the reasons for the freezing of the contract for three weeks is that they have not yet agreed with the major exchanges. yobit and delta can not be called good exchanges and perhaps the team is afraid that there will be a sharp decline. Therefore, they froze the contract and work with exchanges. I do not like what's going on lately. There are a lot of good projects and after getting on the exchanges they lose in price several times, and those tokens that do not represent anything from themselves and their project only on paper goes to the top several times.
I think you've seen what's happening with etherdelta in the last months, since you can trade every erc20 people trade their ICO tokens right after they receive them, with huge pre-sale bonuses people makes tiny profits during ICO and they drive prices down. Solutions are, lock tokens by harcoding it into the contract so everyone will start trading together or distribute all tokens after ICO (which I don't like)
Or maybe, maybe, the reason was simply for a sense of fairness. Initially, they planned to unfreeze the contract once they finished distributing bounties, which was planned (if I remember correctly) to be done around the 20-ish of November, but it seems due to the large participants, they got delayed and up until today (again, if I am not mistaken) there are several bounty hunters that is yet to receive their payment.
Hence, maybe the reason of locking was because they want everybody get a fair chance of dumping their coin at the best rate (we know some will dump) instead of having to sell at the post-mayhem due to receiving their payment late. This is a good strategy too, actually. I remember that there was this waves token bounty that had to experienced a rather rough path of being dumped several times because they separate their bounty payment into certain phases. This way, we only have to face one (and probably a big one) dump then we can stsrt recovering and stabilizing our rate.
I wonder if we can get hitbtc soon? They're shining these days when bittrex require some complicated KYC
