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Soma

Non-Premium A Decentralized Social Marketplace

Ico Start Date: 27-Sep-17

Ico End Date: 14-Nov-17

Finland

The Social Market App (Soma) is a revolutionary decentralized platform which facilitates trade inside the Soma Community through a rewarding system that enables beneficial collaboration between the community members. Users are encouraged to engage in actions that will benefit the other members and the community as a whole by rewarding such actions with Soma Community Token (SCT).

Retail

About Soma

Soma Community Tokens will have a maximum of 60,000,000 units. We are launching 60,000,000 SCT in ICO, of which 54,000,000 are sold at ICO. The last 6,000,000 SCT units will be used for growth, such as marketing and rewarding active community members. Funds are managed by Soma. Note that the pre sale bonuses are paid out of this (6,000,000 SCT) fund. As for the ICO round - the funds will be utilized as follows:

  • 35% Marketing and area launches
  • 20% Product development and technology
  • 20% Legal issues and patents
  • 15% Operational team
  • 10% Community reward (We’ll reward the ambassadors and marketers of the community)
Pre sale is Limited on 8 000 ETH and 4 weeks. If the pre sale is completed before the four-week time limit, it will be closed. Bonuses are booked according to the arrival time. Bonuses will be paid from Soma's share of SCT. Pre sale motivation bonuses goes:
  • 1-2 day 25%
  • 3-7 day 20%
  • Week 2 15%
  • Week 3 10%
  • Week 4 5%
The maximum ICO cap is 120,000 ETH. In the ICO campaign of every 1,500 ETH, we are expanding our marketplace to a new region or state. The goal is to grow in favor of the early adopter. See the next section for more information.

MileStones

Q3 / 2016

Development of Soma began

Q4 / 2016

Soma secured its first funding round (Pre-seed)

Q1 / 2017

Soma raised capital from the angel investors with a valuation of 1,5 million euros

Q3 / 2017

ICO and closed alpha release

Q4 / 2017

Closed beta release / Technical white paper

Q1 / 2018

Open beta release

Q2 / 2018

MVP release

Financial

Token Info


Token

SCT

Platform
Ethereum
Type
ERC20

Price In ICO

1 ETH = 450 SCT
Bonus
Available
Tokens for Sale
54000000

Investment Info


Minimum investment
Accepting
ETH
Distributed
Hardcap
120,000 ETH
Softcap

Statistics

Ratings

13%
Weight

Stephan De Haes

ICO Advisor, Community leader and CEO/Co-founder Krypt.ly
Rated on 2017-12-10

18%
Weight

Vasily Sumanov

Blockchain&ICO advisor, Economy researcher
Rated on 2017-10-04

21%
Weight

Luca Cotta

Crypto-currency enthusiast, Icodriver & IT expert
Rated on 2017-10-24

48%
Weight

Benchy

ICO Analyzer Bot
Rated on 2018-03-08

4

4 expert ratings

4.5

SEA PROFILE

4

TEAM

3

VISION

3.6

PRODUCT

value of tokens sold in ICO

~$ 54,000,000

Status

Ended


Token
SCT
Price
1 ETH = 450 SCT
Bonus
Available
Bounty
Platform
Ethereum
Accepting
ETH
Minimum investment
Country
Finland
Whitelist/KYC
unknown
Restricted areas


ICO KYC Report

0 members Invited