Soma is a new cryptocurrency venture and launching via an Initial Coin Offering (ICO). Soma and most cryptocurrency start-ups raise capital through an initial coin offering, or I.C.O., a type of fund-raising campaign in which investors buy receive virtual “tokens” using Bitcoin, Ethereum or another cryptocurrency. Soma and other cryptocurrency start-ups are generally unregulated, used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists. Why buy Soma? In Soma ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project which potentially reaping massive rewards.

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SomaToken/Coin ID: SCT
Platform: Ethereum
Accepting: ETH
Bonus: Available
Business Category: Retail, Platform
Launch Date: 2017-09-27 – End Date: 2017-11-14

Soma Related Links: Soma Facebook | Soma Twitter | Soma Whitepaper

Soma Market Cap

Soma is a revolutionary decentralized platform which facilitates trade inside the Soma Community through a rewarding system that enables beneficial collaboration of the community members. Users are encouraged to engage in actions that will benefit other members and the community as a whole by rewarding such actions with Soma Community (SCT), a cryptocurrency designed to incentivize the members of the decentralized community to perform value-adding services and act as a fast, secure and cost-effective way of compensation.

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.

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