Soma

A Decentralized Social Marketplace

Token: SCT

Industry : Other

ICO Start Date: 26-09-2017 (210)

ICO Closing Date: 26-10-2017 (180)

Accepting:

Soma ICO is a revolutionary decentralized platform which facilitates trade within the Soma Community through a rewarding system. It enables beneficial collaboration of the community members. Users are encouraged to engage in actions which are profitable to other members and the community. They will also be rewarded by Soma Community (SCT). It is a cryptocurrency which is designed to incentivize the members of the decentralized community for their performance and contribution.

 

Each and every transaction going on in SOMA platform will change the ownership of the physical item and also change the corresponding ownership of the Interactive Item Card (IIC). IIC is a digital representation of the physical item. It contains information about the ownership data, the condition of the physical item, the genuineness of the item and the price history. Soma Rewarding System ensures the security of the transaction by providing an incentive for a community member to act as a trusted escrow agent in a transaction. The escrow agent is compensated after a successful transaction in Soma Community Tokens.

The members of Soma Community can interact with each other socially by liking, following or sharing the relevant content. The social interaction increases the social capital of the digital content which is monetized by the Soma Community Token. The P2P marketing enables users to gain Soma Community token by endorsing the items which are listed for sale on the platform. It also facilitates the organic expansion of the community and popularity of the Soma Community Token. The Maximum Supply of Soma token is around 60,000,000 SCT. The value of 1 ETH is equal to 450 SCT. Soma is partnered with CryptoConsultant, Blockchain TV, mlg, opakeco and UTRUST.

Funds allocation: -

  • 35% of funds are used for marketing and area launches
  • 20% of funds are alloted to product development and technology. It is also utilized for legal issues and patents.
  • 15% of funds are used for operational team
  • 10% of funds are allocated for rewarding the community.

Clap it and make it stand out Review

Alexa Ranking

948397

30721

Team Members

Jukka Hilmola - Co–Founder

Joseph al Sharif - Co–Founder

Sami Suosalo - CFO

Sylwia Rogowicz - Project Manager

Tomasz Cichowicz - Senior Developer

Anna Makowska - Senior Developer

Vladimir Serbin - Senior Developer

Tomasz Klim - Security Specialist

Johannes Eret - Creative Manager

John Saliner - Design Director

Articles

A view closer to company's dealing.

Check Other ICO's

And be the first to participate