Sustainable Opportunity Matrix - $SOM Token
SOM token is inspired and created out the need for a token with real transparency. A token that is fair to every holder, small fish and whales alike. A token which provides a unique opportunity for all who interact with
the blockchain. A token with real world support. SOM token aims to deliver on these basic principles where other projects fall short. SOM token’s founder “MorpheusOfSteeze” has over 7 years experience with cryptocurrency and has witnessed the growth of digital blockchain technology from the very beginning. Our founder is a business savvy early adopter, internet influencer, and social media guru who is tapped in with some of the largest and most successful projects and companies in the industry. Morpheus has experience launching experimental tokens in the past and has had his ear to the ground for over half a decade. Crypto thrives or stalls based on connections and our founder prides himself on maintaining and growing these connections. As well as being connected to many important people in crypto, SOM’s founder has connections to successful business owners outside of blockchain technology.
Many projects have incredible teams of developers, but lack real world connections and rely on social media influencers to “shill” their projects to the masses. SOM token is uniquely poised with real world connections from it’s inception. With Morpheus at the helm, SOM will not require paid shills or TicTok fads to spread.
What is the problem and how does it find a solution?
Every project aims to solve a particular problem. Most set their sights on improving blockchain technology by providing faster transactions or less fees. Others set out to provide trust-less and transparent ecosystems for finance or protocol governance. Almost all crypto projects fall short in two areas: Opportunity for smaller holders, and real support.
There has been an influx of SAFEMOON type projects which promise holding the token will ensure your stack is always growing. In theory, this is a great idea. Simply charge a transaction fee and pay out a percentage evenly distributed based on holdings. The problem with this is that without a use-case volume will dry up, the value of the tokens will suffer and the drip of fee-shares will dwindle.
Tokeneconomics
- ERC20, Name - Sustainable Opportunity Matrix, Symbol - SOM
- Contract - 0x4Cb5108603BC702F951A7a1D777Ee24E21303B95
- 1,000,000 initial supply
- 15% of Supply Bridged to Polygon Network
- Deflationary - 1% of every transaction burned.
- Reflection - 1% of every transaction distributed to holders
- Governance Tax - 1% of every transaction taxed and held in Governance chest.
Chest usage by token holder vote only. Protocol votes to occur quarterly at
minimum via snapshot.org SOM may buy and sell tokens to maintain 10% of
supply in the Governance chest. - Partner/Founder Liquidity Lock - Initial liquidity provided by our first partners
and our founder will be locked in Unicrypt for a set amount of time. Liquidity
locking shall begin at $250,000 market cap and locking period will be
determined by Community Vote. - Liqudity 90% and Governance 10%
Monthly Token Buy-Back, Burn, and Liquidity
In order to ensure our trading volume continues to rise, SOM will begin using revenues from its branded products to buy back tokens from exchanges. For transparency we will announce the buy-back wallet address when this begins (see roadmap). The buy-backs will be done from a dedicated address that is separate from the SOM contract creator address. The liquidity will be added from the SOM contract creator address. These actions will occur monthly, on the first of each month.
SOM Non-Fungibles
SOM is currently working with independent artists to create unique collections of NFTs. These NFTs will only be minted/airdropped to holders of the SOM token. As such, these non-fungibles will be rare and exclusive. Details about the launch of our NFTs will appear on our website here: https://somatrix.app/nft
How can you buy $SOM ?
ERC20 Token, Bridged on Polygon. So you can buy with ethereum or polygon blockchain network.
For Ethereum network, you can buy with UniSwap : https://app.uniswap.org/#/swap?outputCurrency=0x4Cb5108603BC702F951A7a1D777Ee24E21303B95
For Polygon network, you can buy with QuickSwap : https://quickswap.exchange/#/swap?outputCurrency=0x10C5A602c7661E916a863B3BD164796D6CdD3d72
All Contact and Social Media Links
Website : https://somatrix.app/
SOM NFT : https://somatrix.app/nft
SOM Products : https://somatrix.app/products
SOM Team : https://somatrix.app/visionaries
SOM Tokeneconomics : https://somatrix.app/tokenomics
Litepaper : https://somatrix.app/litepaper
Twitter : https://twitter.com/have_SOM
SOM NFT : https://somatrix.app/nft
SOM Products : https://somatrix.app/products
SOM Team : https://somatrix.app/visionaries
SOM Tokeneconomics : https://somatrix.app/tokenomics
Litepaper : https://somatrix.app/litepaper
Twitter : https://twitter.com/have_SOM