[ANN][ICO] SOMA - The Social Marketplace - page 8.

QueenOfCrypto

full member

Activity: 564

Merit: 104

Quote from: FIEX on November 16, 2018, 11:46:46 AM

Quote from: QueenOfCrypto on November 16, 2018, 05:08:25 AM

I have surfed the Soma website in large and I didn't find any reference to the fact that Soma is an ERC-20 token. If there is a reference, then it's well hidden. How do you expect people to invest if they don't even know what the SCT actually is and where you can store it?
Now I'm starting myself to doubt it actually is an ERC-20 token... (I know for sure it WAS at the time of ICO, but sometimes projects do switch to an own blockchain)

Correct.
It was just so obvious for us we forgot it on our website when we were doing the rebrand.

We will soon add it on this page:
https://soma.co/soma-cryptocurrency/

It's still in our Whitepaper:

Quote from: SOMA Whitepaper pg.11

The SOMA Community Token, or SCT, is a native cryptocurrency to
the SOMA ecosystem. Currently an ERC-20 token running on the
Ethereum blockchain, SCT will, in Q1 2019, be ported to a different
platform more suited to processing a high transaction volume at low
transaction fees.

Thanks for the heads up! Cheesy

I actually already have SOMA sitting in my MEW wallet for a long time now, but I've recently bought more and before transferring them I wanted to be 100% sure that no strange blockchain swap or whatever had happened (there are cases of coins moving to their own blockchain or to another - like Ubiq - and I see that SOMA plans yo do that too). And of course newcomers - especially if they are outsiders of crypto - they really need what for us is the most obvious info.

FIEX

sr. member

Activity: 630

Merit: 276

Update

According to Belos Watches founder Andreas Johansson, SOMA “addresses some big unmet needs in the luxury ecommerce space."

Read the press release:
https://t.co/pIPZyK3pkx

#blockchain #watches #wristwatch #divingwatch #Sweden #Stockholm

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: QueenOfCrypto on November 16, 2018, 05:08:25 AM

I have surfed the Soma website in large and I didn't find any reference to the fact that Soma is an ERC-20 token. If there is a reference, then it's well hidden. How do you expect people to invest if they don't even know what the SCT actually is and where you can store it?
Now I'm starting myself to doubt it actually is an ERC-20 token... (I know for sure it WAS at the time of ICO, but sometimes projects do switch to an own blockchain)

Correct.
It was just so obvious for us we forgot it on our website when we were doing the rebrand.

We will soon add it on this page:
https://soma.co/soma-cryptocurrency/

It's still in our Whitepaper:

Quote from: SOMA Whitepaper pg.11

The SOMA Community Token, or SCT, is a native cryptocurrency to
the SOMA ecosystem. Currently an ERC-20 token running on the
Ethereum blockchain, SCT will, in Q1 2019, be ported to a different
platform more suited to processing a high transaction volume at low
transaction fees.

Thanks for the heads up! Cheesy

MintCondition

legendary

Activity: 1147

Merit: 1007

Quote from: QueenOfCrypto on November 16, 2018, 05:08:25 AM

I have surfed the Soma website in large and I didn't find any reference to the fact that Soma is an ERC-20 token. If there is a reference, then it's well hidden. How do you expect people to invest if they don't even know what the SCT actually is and where you can store it?
Now I'm starting myself to doubt it actually is an ERC-20 token... (I know for sure it WAS at the time of ICO, but sometimes projects do switch to an own blockchain)

I see their Website pretty well before, I'll checked it myself now. SOMA works well before, Im not updated on it now. But will see.

QueenOfCrypto

full member

Activity: 564

Merit: 104

I have surfed the Soma website in large and I didn't find any reference to the fact that Soma is an ERC-20 token. If there is a reference, then it's well hidden. How do you expect people to invest if they don't even know what the SCT actually is and where you can store it?
Now I'm starting myself to doubt it actually is an ERC-20 token... (I know for sure it WAS at the time of ICO, but sometimes projects do switch to an own blockchain)

Jekwizor

sr. member

Activity: 630

Merit: 250

WhatIsSOMA — RESULTS
https://medium.com/@soma_sct/whatissoma-results-cc8694a3b3b4

We started this journey in the second week of September and ended the first week of November. Today this journey ends with the announcement of the winners of WhatIsSOMA.

frcat

full member

Activity: 1162

Merit: 101

Quote from: FIEX on November 11, 2018, 05:25:25 AM

Quote from: frcat on November 11, 2018, 04:58:13 AM

Quote from: FIEX on November 06, 2018, 03:43:23 PM

Quote from: frcat on November 06, 2018, 07:40:12 AM

Payment will be available only in SOMA tokens? Or in other crypto-currencies like Ethereum, Bitcoin? When will be available full plaform?

SCT tokens will be one of the payments.
Other currencies will also be added on the platform Wink

So there is will be also more popular payment like ETH, BTC? In this way SOMA tokens will not have liquidity, because I think people will prefer pay in more popular currencies like ETH

You still need to have SCT to promote you product on the platform and thats only possible with SCT tokens.
In the future there will be packages available for big companies for putting their products on the platform and these can only be bought with SCT tokens.

This sound interesting. So every seller need SCT tokens for place their products on Soma platform? Or paid selling will be for VIP sellers only?

elitecstrike

full member

Activity: 560

Merit: 101

SOMA blockchain ecommerce marketplace
https://www.youtube.com/watch?v=rNAfBcTB9CE&feature=youtu.be&a=

SOMA is a marketplace undergirded by a tracking protocol to follow and verify an item's origin and history. The marketplace allows social interactions and reselling of goods, while the provenance authentication fights counterfeiting and fraud. SOMA. We believe there's a smarter way to do business.

lobat999

sr. member

Activity: 1078

Merit: 310

Quote from: frcat on November 11, 2018, 04:58:13 AM

Quote from: FIEX on November 06, 2018, 03:43:23 PM

Quote from: frcat on November 06, 2018, 07:40:12 AM

Payment will be available only in SOMA tokens? Or in other crypto-currencies like Ethereum, Bitcoin? When will be available full plaform?

SCT tokens will be one of the payments.
Other currencies will also be added on the platform Wink

So there is will be also more popular payment like ETH, BTC? In this way SOMA tokens will not have liquidity, because I think people will prefer pay in more popular currencies like ETH

I think SCT is designed to be utilized in the marketplace so is has a unique purposes on a unique platform, so I guess it has a valid use case as compared to contemporary crypto's out there.

holydarkness

legendary

Activity: 2730

Merit: 1560

Yes, I'm an asshole

Quote from: frcat on November 11, 2018, 04:58:13 AM

Quote from: FIEX on November 06, 2018, 03:43:23 PM

Quote from: frcat on November 06, 2018, 07:40:12 AM

Payment will be available only in SOMA tokens? Or in other crypto-currencies like Ethereum, Bitcoin? When will be available full plaform?

SCT tokens will be one of the payments.
Other currencies will also be added on the platform Wink

So there is will be also more popular payment like ETH, BTC? In this way SOMA tokens will not have liquidity, because I think people will prefer pay in more popular currencies like ETH

From a neutral view, that'll depends on how good the team deliver their product. If something is good enough, people will give their best to acquire the product no matter what the situation are. Thus, having to have SCT to transact is actually a good way to boost the needs of SCT.

zerkalisz

member

Activity: 349

Merit: 10

SOMA: social marketplace and blockchain provenance validation https://www.youtube.com/watch?v=9w2jm7z3M6E&feature=youtu.be&a=

Here at SOMA, we believe there's a smarter way to do business. Our blockchain-based protocol validates provenance to thwart counterfeiters. Meanwhile, our social marketplace brings a more connected, fair, and value-preserved buying and selling experience

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: frcat on November 11, 2018, 04:58:13 AM

Quote from: FIEX on November 06, 2018, 03:43:23 PM

Quote from: frcat on November 06, 2018, 07:40:12 AM

Payment will be available only in SOMA tokens? Or in other crypto-currencies like Ethereum, Bitcoin? When will be available full plaform?

SCT tokens will be one of the payments.
Other currencies will also be added on the platform Wink

So there is will be also more popular payment like ETH, BTC? In this way SOMA tokens will not have liquidity, because I think people will prefer pay in more popular currencies like ETH

You still need to have SCT to promote you product on the platform and thats only possible with SCT tokens.
In the future there will be packages available for big companies for putting their products on the platform and these can only be bought with SCT tokens.

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: icohunter1024 on November 11, 2018, 12:24:43 AM

I think SOMA needs a push like a big exchange, or have news of a big partnership. With the current capitalization potential for SOMA's profitability is quite clear.

People are always talking about bigger exchanges but this will do nothing for the project! This will add zero value to the product.
Why?

We are focussing on partners now for our launch in Q1 2019, all those partners we are gathering are interested in the technology and dont have any or little experience with exchanges. They dont partner because we have a token with high value but because we are making something they are interested in, something they can use! Isnt that what all projects want? A product companies will use, people will use, ...

Exchanges will not make people use our token.
When the platform has more adoption and more and more people are using it than our token is needed and then we can focus on bigger exchanges.

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: kraterion on November 10, 2018, 11:23:53 AM

Despite the good news seems that Soma is struggling market wise, maybe it just need adoption, maybe it just need marketing, what I know is that unfortunally meme coins are worth more that SCT

I think you and I know that those meme coins will not have a long term future?
SOMA's approach is that we are not a cryptocurrency but rather a tech startup. Yes, we have an internal currency, but that's not even the most exciting aspect. It's just a tool to drive the overall ecosystem. It's just one component.

The value will increase after more adoption and that's what we are aiming for at this stage.
Looking for partnerships, pitching at companies, ...

First of all focussing on the developments of our platform for our pilot project launch.
This is just phase one!

frcat

full member

Activity: 1162

Merit: 101

Quote from: FIEX on November 06, 2018, 03:43:23 PM

Quote from: frcat on November 06, 2018, 07:40:12 AM

Payment will be available only in SOMA tokens? Or in other crypto-currencies like Ethereum, Bitcoin? When will be available full plaform?

SCT tokens will be one of the payments.
Other currencies will also be added on the platform Wink

So there is will be also more popular payment like ETH, BTC? In this way SOMA tokens will not have liquidity, because I think people will prefer pay in more popular currencies like ETH

icohunter1024

jr. member

Activity: 280

Merit: 6

I think SOMA needs a push like a big exchange, or have news of a big partnership. With the current capitalization potential for SOMA's profitability is quite clear.

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

Despite the good news seems that Soma is struggling market wise, maybe it just need adoption, maybe it just need marketing, what I know is that unfortunally meme coins are worth more that SCT

FIEX

sr. member

Activity: 630

Merit: 276

Update

What does SOMA stand for? Read about our company values in this link:
https://soma.co/values-and-standards/

#blockchain #capitalism #environment #diversity #meritocracy
#ecommerce #retail #corporatevalues #cryptocurrency

Environmental stewardship
SOMA recognizes that we live on a beautiful planet with finite resources. That's one of the reasons our technology focuses on linking the secondary market with the primary market: we want to encourage 'downcycling' to divert products from the landfill. And, of course, we promote recycling, energy-efficiency, reduced travel when appropriate, and other eco-friendly measures.

lobat999

sr. member

Activity: 1078

Merit: 310

Quote from: sureshnsnet on November 07, 2018, 01:46:43 PM

I was checked soma in coinmarketcap it get 30 gains in last week there is any news about that and why it is happen can I invest in soma coin now and it will give me good results in few months?

In the past days there has been a news about strategic partnerships and SOMA has very active developers and the fact that this token is undervalued makes it an ideal token for investment. But just what everybody says, investing is also risk taking.

sureshnsnet

legendary

Activity: 1424

Merit: 1008

I was checked soma in coinmarketcap it get 30 gains in last week there is any news about that and why it is happen can I invest in soma coin now and it will give me good results in few months?

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