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Topic: Gemstone / Maybe soon there will be a pump - page 2. (Read 514 times)

full member
Activity: 714
Merit: 118
October 20, 2018, 05:46:45 AM
#12
The latest updates and the most important news you can see here:
https://soma.co/blockchain-ecommerce-platform-launch/
They have partnership agreements with:
DWISS
SAVOT
DIEFENDORFF
SIPILAN KELLO

SOMA is launching blockchain e-commerce social marketplace in Q1 2019!
full member
Activity: 714
Merit: 118
October 18, 2018, 02:47:49 PM
#11
Why Soma is a gem (DYOR)
•  Social marketplace
•  MVP in ~2 months
•  $1M market cap
•  14.4M total supply
•  Under the radar (very little marketing efforts until now)
•  Big marketing efforts underway (airdrop to launch soon)
•  Innovative features (interactive item card is digital representation of a physical item and stores all info about that item, for example)
•  Active dev team, frequent updates
•  Strong partnerships
•  1/6th ATH
•  Only on Cryptopia (moon when hits other exchanges)

How about it's use cases?
Who would buy?
If there is no marketing, then how could it attract better volume and price hike?
If you are expecting for 10x , then you need 10x the market cap which is 10Million USD and that is unlikely to happen.
How many community members?

Soma is a decentralized social marketplace & tokenization protocol for authenticating and tracking items on the blockchain.
Making a 10 million cap is not so difficult.
They have a new marketing director. You can see for yourself that they regularly attend conferences, new partnership agreements, new exchanges.
You can get acquainted with their new partners and see the latest news.
https://medium.com/@soma_sct
exchanges
https://wallet.latoken.com/market/Crypto/ETH/SCT-ETH
https://www.cryptopia.co.nz/Exchange?market=SCT_BTC
Business Finland has given them Round One funding
https://medium.com/somabusiness/finland-funds-soma-80b0e6416edb
This suggests that the government supports this project and it is legal.
jr. member
Activity: 230
Merit: 4
October 16, 2018, 11:03:17 PM
#10
Why Soma is a gem (DYOR)
•  Social marketplace
•  MVP in ~2 months
•  $1M market cap
•  14.4M total supply
•  Under the radar (very little marketing efforts until now)
•  Big marketing efforts underway (airdrop to launch soon)
•  Innovative features (interactive item card is digital representation of a physical item and stores all info about that item, for example)
•  Active dev team, frequent updates
•  Strong partnerships
•  1/6th ATH
•  Only on Cryptopia (moon when hits other exchanges)

How about it's use cases?
Who would buy?
If there is no marketing, then how could it attract better volume and price hike?
If you are expecting for 10x , then you need 10x the market cap which is 10Million USD and that is unlikely to happen.
How many community members?
full member
Activity: 686
Merit: 107
October 16, 2018, 04:55:12 PM
#9
The today problem is market uncertainity.last year it is easy to reach 10x ico price because a lot of money flow in to crypto market and we are on bullish market. Now only 1 / 100 ico will do 10x. I am betting on essentia and hyperquant. A lot of ico only gives me lose nowadays. If you are believer and the developer is really legit you can go. But if it is not dont inveat or you will lose your shirt in one day.

"Lose your shirt" LOL

You're not wrong about the market as there's not much new investment coming in for smaller projects even if they are making good progress but when the market does shape up there should be better results

Now it is generally very scary to invest. In this article, write that researchers have counted over a thousand "dead" cryptocurrency projects.
https://en.bit.news/researchers-counted-thousand-dead-cryptocurrency-projects/
or this article, where they write that More than half of ICO-projects ceased operations in the first four months
https://steemit.com/ico/@yadyasir/more-than-half-of-ico-projects-ceased-operations-in-the-first-four-months
This market is full of manipulators, scammers, and so on. I think we need regulation.


you are right the market is very risky for now and most crypto projects do not go according to their purpose but we also have to look at market prospects and project developments in fact as an investor looking for project opportunities that have been running and developing, even the tokens they have listed in exchange are more better than joining an ICO
full member
Activity: 714
Merit: 118
October 16, 2018, 03:14:58 PM
#8
The today problem is market uncertainity.last year it is easy to reach 10x ico price because a lot of money flow in to crypto market and we are on bullish market. Now only 1 / 100 ico will do 10x. I am betting on essentia and hyperquant. A lot of ico only gives me lose nowadays. If you are believer and the developer is really legit you can go. But if it is not dont inveat or you will lose your shirt in one day.

"Lose your shirt" LOL

You're not wrong about the market as there's not much new investment coming in for smaller projects even if they are making good progress but when the market does shape up there should be better results

Now it is generally very scary to invest. In this article, write that researchers have counted over a thousand "dead" cryptocurrency projects.
https://en.bit.news/researchers-counted-thousand-dead-cryptocurrency-projects/
or this article, where they write that More than half of ICO-projects ceased operations in the first four months
https://steemit.com/ico/@yadyasir/more-than-half-of-ico-projects-ceased-operations-in-the-first-four-months
This market is full of manipulators, scammers, and so on. I think we need regulation.

full member
Activity: 714
Merit: 100
3... 2... 1... Launch!
October 16, 2018, 03:05:38 AM
#7
The today problem is market uncertainity.last year it is easy to reach 10x ico price because a lot of money flow in to crypto market and we are on bullish market. Now only 1 / 100 ico will do 10x. I am betting on essentia and hyperquant. A lot of ico only gives me lose nowadays. If you are believer and the developer is really legit you can go. But if it is not dont inveat or you will lose your shirt in one day.

"Lose your shirt" LOL

You're not wrong about the market as there's not much new investment coming in for smaller projects even if they are making good progress but when the market does shape up there should be better results
full member
Activity: 714
Merit: 118
October 14, 2018, 01:20:46 PM
#6
Business Finland has given them Round One funding of €50,000
https://medium.com/somabusiness/finland-funds-soma-80b0e6416edb
They can win in the second round and in the third with a prize fund of up to $ 20 million. This suggests that the government supports this project and it is legal.
You can get acquainted with their new partners and the latest news
https://medium.com/@soma_sct
Watch a video review of this project from one of the well-known crypto trader with 77 thousand subscribers on twitter
https://www.youtube.com/watch?v=_Rdc714bbEU&t=1s
https://twitter.com/CryptoGat
He is one of the Advisor for SOMA

volume always precedes price

hero member
Activity: 1246
Merit: 502
The today problem is market uncertainity.last year it is easy to reach 10x ico price because a lot of money flow in to crypto market and we are on bullish market. Now only 1 / 100 ico will do 10x. I am betting on essentia and hyperquant. A lot of ico only gives me lose nowadays. If you are believer and the developer is really legit you can go. But if it is not dont inveat or you will lose your shirt in one day.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
Yeah i agree with you, if we see it even in a conservative way still $1 is very realistic for soma token, project is better than most icos and team is focused and working diligently on the development of the platform, i think this can give good profits medium term and long term.
full member
Activity: 714
Merit: 118
Why Soma is a gem (DYOR)
•  Social marketplace
•  MVP in ~2 months
•  $1M market cap
•  14.4M total supply
•  Under the radar (very little marketing efforts until now)
•  Big marketing efforts underway (airdrop to launch soon)
•  Innovative features (interactive item card is digital representation of a physical item and stores all info about that item, for example)
•  Active dev team, frequent updates
•  Strong partnerships
•  1/6th ATH
•  Only on Cryptopia (moon when hits other exchanges)
full member
Activity: 714
Merit: 118
February 26, 2018, 03:58:45 PM
#1
I see that many ask on what token they can make their X 10, etc. If a large amount of money, then I do not throw them into the shit and I do not advise you. Sometimes I play with different coins a small amount. Right now, I'd like to take a look at Soma. (https://coinmarketcap.com/currencies/soma/)
The project collected only 600k $ / In turnover they have only 4 million tokens. Right now it is traded 20-30 cents. https://soma.co/ There is an active work on their product. Now they are testing their platform. Promise new exchanges, now traded only on the delta and crypto. When the market turns unfolds then this token can easily take off since the total volume of the tokens is too small and I hope to see big exchange by this time. I am glad that they are actively working on their platform and constantly share news.
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