Soma: The next type of social marketplace


Soma is a social trading platform, which operates on the basis of blocking technology. Soma provides beneficial cooperation to the participants in the platform. With the help of Soma Community tokens (SCT), developers of the platform will stimulate the participants.
PLATFORM
Every transaction that takes place on the SOMA ™ platform will change not only ownership but also the ownership of the Interactive Item Card (IIC). IIC is a digital representation of physical matter. Ownership data contains a lot of valuable information about the current state of this concrete item, whether it is original or not, and price history.
BLOCKCHAIN TECHNOLOGY
All 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
  • Interactive Itemcard (IIC) 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.
  • 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.

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)
INFORMATION COMPLIT:
website: https://soma.co/

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