Soma: The next generation

What is Soma?

The Soma platform is a decentralized platform that can facilitate commerce within the community.Users are given the opportunity to participate in activities that will benefit the community and for which it will be possible to receive rewards in the form of tokens — Soma Community (SCT).

Rewards users can also get for promoting an interactive product card (ICT). To promote ICT, you can in several ways, inside the platform or in social networks Twitter, Facebook, Instagram.

ICT is a digital representation of a physical element. The card includes information about belonging, the condition of the physical element, the authenticity of the item and the history of its price.

Technology Behind SOMA a cryptocurrency running on the Ethereum Blockchain.

transactions will run on the Ethereum blockchain. The web platform will be compatible with Metamask and Myst browser, making it easier to bridge non-crypto users to our platform for the first time. Our front end is hosted on AWS CloudFront in multi geo locations, which scales automatically to handle any load of users.

Features

Liked items, users can track, comment and share them, for these actions, SCT tokens will also be issued. https://soma.co/en/

SCT, this is the crypto currency, which is intended for trading operations within the platform and for stimulating the community.

The advantages of the platform include: secure payments, social contributions, P2P marketing. The Soma reward system increases the security of the transaction by providing incentives for community members as a trusted transaction escrow agent.

  • Secured Payment Payments inside the Soma Community are delivered securely. The Soma Rewarding System enhances the security of the transactions 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.
  • Social Contributions Within the Soma community, trading can be done in a fun way by utilizing the concepts known from the traditional social media platforms. The community members can interact with each other socially by liking, following or sharing the relevant content. The social interactions will increase the social capital of the digital content, which can be monetized by the Soma Community Token.
  • P2P Marketing The decentralized platform incentivizes the community members to provide aid to the other members of the community in various ways. The P2P marketing enables users to gain Soma Community Tokens by promoting the items that are listed for sale on the platform, facilitating the organic expansion of the Community and popularity of the Soma Community Token.

On the Soma platform, trade can be carried out using the concept of known platforms. Payments can be made with a currency or bitlock.

Social interactions, will increase the social capital of digital content.

Every transaction that happens inside the SOMA™ platform will not only change the ownership of the physical item but also the corresponding ownership of the Interactive Item Card (IIC). IIC is a digital representation of the physical item. It includes information about the ownership data, the condition of the physical item, the genuineness of the item and the price history. Most importantly, the IIC will accumulate social value inside the Soma Community through different social interactions from the users, which may be reflected in the value of the physical item.

ICO

The last 6,000,000 SCT units will be used for growth, such as marketing and rewarding active community members. 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)

More Information :

Website: https://soma.co/
ANN: https://bitcointalk.org/index.php?topic=2129958
WHITPAPER: https://soma.co/wp-content/uploads/2017/07/Whitepaper-1.pdf
Telegram : https://t.me/Somacommunity
Twitter : https://twitter.com/SomaToken
My Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1165540