Topic: [ANN][ICO] SOMA - The Social Marketplace - page 69. (Read 92794 times)
As far as I remember FIEX told us that the majority of us want the 10% reserve instead of burning all unsold tokens
Now soma has a community manager, the communication was not that bad before that but now it will be much better. I think soma team listen the community a lot, just look, about the question of a liquidity reserve, they prefer to ask us before make a choice.
yes, they did ask us and even the majority of the ppl where against a "not burning the rest of the token" and against the "10% token reserves for mvp" and bla
but, still they insist on doing the reserve token shit and selling the tokens on their site after the ico...
this is just making an excuse in asking the community, but still doing what they wanted to do.
as long as it's not a large amount shouldn't be too much of a problem. though if they price fix, that would suck
Now soma has a community manager, the communication was not that bad before that but now it will be much better. I think soma team listen the community a lot, just look, about the question of a liquidity reserve, they prefer to ask us before make a choice.
yes, they did ask us and even the majority of the ppl where against a "not burning the rest of the token" and against the "10% token reserves for mvp" and bla
but, still they insist on doing the reserve token shit and selling the tokens on their site after the ico...
this is just making an excuse in asking the community, but still doing what they wanted to do.
Now soma has a community manager, the communication was not that bad before that but now it will be much better. I think soma team listen the community a lot, just look, about the question of a liquidity reserve, they prefer to ask us before make a choice.
I seen, that they have MVP only in Q 2018? Do they have more detail roadmap? For each month at last?
Well, closed beta must be near, usually it's not very different from the final product, which will just have minor improvements regarding UI and less bugs (if there are any)
Yeah, according to their roadmap we will still see the closed beta in 2017. Hopefully, they can stick to their schedule and there won't be any delays.
It's getting too much time without an update. SOMA guys should update the community about their plans and should answer their questions.
A strong community is backbone of any project and when project owners don't care about the community then things might go south also,
That's right, they should have been much more visible and active here in the thread. Appointing a community manager was a good idea but it happened too late.
I seen, that they have MVP only in Q 2018? Do they have more detail roadmap? For each month at last?
Well, closed beta must be near, usually it's not very different from the final product, which will just have minor improvements regarding UI and less bugs (if there are any)
Yeah, according to their roadmap we will still see the closed beta in 2017. Hopefully, they can stick to their schedule and there won't be any delays.
It's getting too much time without an update. SOMA guys should update the community about their plans and should answer their questions.
A strong community is backbone of any project and when project owners don't care about the community then things might go south also,
last two days left. how many percent of token unsold?
8196949 tokens sold. I don't think this counter still works though. it's the same as a few days ago.
Total tokens distributed: 8196949 SCT
Supply for Token sale: 54 000 000 SCT
8196949/54000000= 0.15 - sold
15%, is little comparing to the whole project, so that means that the volume will be small, and the project will grow slowly, the token will have more value, and the amount of investors small too, but it will grow steadily to the moon.
I think, they must selling this 10% liquidity pool more excpansive than market price. Than price on exchanges will be growing also
last two days left. how many percent of token unsold?
8196949 tokens sold. I don't think this counter still works though. it's the same as a few days ago.
Total tokens distributed: 8196949 SCT
Supply for Token sale: 54 000 000 SCT
8196949/54000000= 0.15 - sold
Thanks 15 % sold now thats nice. many people buy on the last day.
last two days left. how many percent of token unsold?
8196949 tokens sold. I don't think this counter still works though. it's the same as a few days ago.
Total tokens distributed: 8196949 SCT
Supply for Token sale: 54 000 000 SCT
8196949/54000000= 0.15 - sold
Well it's not much but if there is a chance that SOMA will get a hit, the token value will at least increase a lot.
Yes that may happen but later on, when they have a working platform with actual users using it.
last two days left. how many percent of token unsold?
8196949 tokens sold. I don't think this counter still works though. it's the same as a few days ago.
Total tokens distributed: 8196949 SCT
Supply for Token sale: 54 000 000 SCT
8196949/54000000= 0.15 - sold
Well it's not much but if there is a chance that SOMA will get a hit, the token value will at least increase a lot.
last two days left. how many percent of token unsold?
8196949 tokens sold. I don't think this counter still works though. it's the same as a few days ago.
Total tokens distributed: 8196949 SCT
Supply for Token sale: 54 000 000 SCT
8196949/54000000= 0.15 - sold
Thanks 15 % sold now thats nice. many people buy on the last day.
last two days left. how many percent of token unsold?
8196949 tokens sold. I don't think this counter still works though. it's the same as a few days ago.
Total tokens distributed: 8196949 SCT
Supply for Token sale: 54 000 000 SCT
8196949/54000000= 0.15 - sold
last two days left. how many percent of token unsold?
8196949 tokens sold. I don't think this counter still works though. it's the same as a few days ago.
News about reserve:
We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.
We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.
So, does this mean that you are going to sell those tokens if the market has enough liquidity? And if you can't sell you'll burn them? Please tell me that i have completely misunderstood this sentence.
thats what i thought too. at first glance it really sounds like that way, but why?!?!
hope they will burn them and not use them for mvp or whatever...
There should be no problem with the liquidity ...
Yes, you keep saying that but the fact is that the huge majority of tokens are in the hands of the angel investors (around 90% if I remember correctly). So what happens if these investors don't wanna sell their tokens?!
Slippery slope here, if you ask me. How one would determine liquidity problems? Why is it a red flag if angel investors don't wanna sell? Because then there's not much trading going on on the markets? If your project is doing good, you should be happy that investors are satisfied and don't wanna sell, isn't it?
last two days left. how many percent of token unsold?
News about reserve:
We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.
We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.
All the same decided to leave a stock of tokens to ensure liquidity? And these tokens will be sold on the site?
No, they will be used it on the free market if there is no liquidity on that market.
When we see that there is enough liquidity on exchanges before the launch of our MVP then we will burn the reserve. If everyone is holding there tokens we need to have some reserve for some functions that require the tokens.
So if SOMA themself sell token in such a case, how will the price be determined in this situation?
Current market price should be used in my opinion. But I do have a lot of questions about this decision and I'd like some further explanation.
they should be sold higer of the current market price. otherwise the price on the exchange would stagnate and everyone would move to buy from the site...
Can just agree, selling on market price will be a bad decision in my eyes. And I can't imangen that there will be on any point no sell orders, just maybe orders someone don't want to pay? So if SOMA is selling then coins the price can't raise and this would be a price manipulation in my eyes.
News about reserve:
We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.
We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.
All the same decided to leave a stock of tokens to ensure liquidity? And these tokens will be sold on the site?
No, they will be used it on the free market if there is no liquidity on that market.
When we see that there is enough liquidity on exchanges before the launch of our MVP then we will burn the reserve. If everyone is holding there tokens we need to have some reserve for some functions that require the tokens.
So if SOMA themself sell token in such a case, how will the price be determined in this situation?
Current market price should be used in my opinion. But I do have a lot of questions about this decision and I'd like some further explanation.
they should be sold higer of the current market price. otherwise the price on the exchange would stagnate and everyone would move to buy from the site...
They should concentrate on developing the project instead of thinking of illiquidity. I understand the team taking into account different contingencies, which is good thinking, however, if they announce something, they should also provide more details to avoid unnecessary speculation.
News about reserve:
We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.
We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.
All the same decided to leave a stock of tokens to ensure liquidity? And these tokens will be sold on the site?
No, they will be used it on the free market if there is no liquidity on that market.
When we see that there is enough liquidity on exchanges before the launch of our MVP then we will burn the reserve. If everyone is holding there tokens we need to have some reserve for some functions that require the tokens.
So if SOMA themself sell token in such a case, how will the price be determined in this situation?
Current market price should be used in my opinion. But I do have a lot of questions about this decision and I'd like some further explanation.
they should be sold higer of the current market price. otherwise the price on the exchange would stagnate and everyone would move to buy from the site...
News about reserve:
We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.
We have decided to keep that until the launch of our MVP and then we will burn it, unless free market cannot provide enough liquidity to support crucial functions of the Soma ecosystem.
All the same decided to leave a stock of tokens to ensure liquidity? And these tokens will be sold on the site?
No, they will be used it on the free market if there is no liquidity on that market.
When we see that there is enough liquidity on exchanges before the launch of our MVP then we will burn the reserve. If everyone is holding there tokens we need to have some reserve for some functions that require the tokens.
So if SOMA themself sell token in such a case, how will the price be determined in this situation?
Current market price should be used in my opinion. But I do have a lot of questions about this decision and I'd like some further explanation.
they should be sold higer of the current market price. otherwise the price on the exchange would stagnate and everyone would move to buy from the site...
yes you right, that ways on exchange people will buy tokens and now on ICO people can get good benefits with bonus . i think on ICO is best opportunity to get tokens.
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