Last Updated on July 25, 2020 by CryptoCreed
SOMA is the first attractive blockchain-based social marketplace. Trading is a part of our life. We do trading daily. We know trading outside political borders before a few decades is a very hard task. Even sometimes we pay a huge amount for a middleman. But now the time is changed. Now everyone wants their need to finish instant and they prefer to trade online. An online marketplace like e-bay changed the marketplace from traditional to modern.
But there are a few problems which need to get solved. According to the website of SOMA, “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 everyone on the platform”.
SOMA Crypto is the first and exclusive social marketplace that will reward users for aiding the process of exchanging. This is a platform where users’ wealth will increase by joining the social capital of the community. SOMA team planned to be a world internet’s largest marketplace where the benefit of the decentralized platform is utilized efficiently.
SOMA Crypto reading system based on ERC20 Ethereum token, SCT (SOMA Community Token). Soma using Ethereum blockchain to build a social marketplace. Users will get rewarded for their actions performed on the site. SCT token can be used inside of platform to perform any action inside. Also, SCT token will available on exchanges to buy and sell.
Users may earn SCT tokens as a reward for promoting Interactive Item Cards. The promotion must done internally within the community, like internally created groups in the community. Also, users can share on external stages but with an allowance of the original publisher. soma crypto price
On Soma Crypto you can use various payment methods such as fiat currency, Bitcoin, Ethereum, and other known altcoins, also SCT tokens will be considered as a payment option. Users can also deposit through Credit card or debit card, Paypal, Wire transfer, etc.
Users have to choose to be credited to their soma account or not. To satisfy the price of cryptocurrencies for newcomers. The price of crypto will show in fiat currency at starting. Also, soma has an inbuilt escrow service to avoid any future dispute.
SCT ICO will be held on 26th September and will end on 26th October. SOMA token total supply is 60,000,000 SCT token and 54,000,000 SCT tokens will be distributed in ICO. soma crypto price
The rest of the 6,000,000 SCT tokens will hold by the SOMA team for future use like marketing, rewarding community member, team reward. Maximum ICO cap is 120,000 ETH, with every 1500 ETH raised in ICO SOMA will expand their marketplace to a new region or country
As for the ICO round – the funds will be utilized as follows:
35% of Marketing and area launches
20% Product development and technology
20% Legal issues and patents
15% Operational team
10% Community reward
Coma crypto price also launch their Bounty campaign to spread their words and to earn some free tokens. there are different campaigns are running in this bounty campaign. To join in this bounty campaign visit here.
1 ETH = 450 SCT
soma crypto price