Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] SOMA - The Social Marketplace
by
Jay2408
on 12/10/2017, 10:04:17 UTC
Have dev answeres to that SOMA token concern yet? The question was like, what's the actual token's usage if a trust system with trust point will be in place?

I thought it over and found a way to solve it.

Your trust points will be permanently linked to your account. Each time your total number of trust points reaches a new all time high you are rewarded with Soma tokens. The Soma tokens can be freely traded, but won't have an influence on your trust points.

I will gladly accept a commission for this invention Grin

Nice idea Cheesy but seriously, apart from pay for promoting your product, how SCT will grow up in value? It will be only a speculative token?

If the SCT token grows up in value, will people still be trading on the platform, or will they want to hold their tokens?

Well, you can still use the token to buy something on the platform with the gains you have made, i think one thing doesn't necessarily exclude the other.

Ye exactly that! It may even encourage investors to spend their gains on the platform. That is if they find suitable products listed on the marketplace. But getting thousands of products and users on the platform, and reaching diverse selection of goods will take time.

Rome wasn't built in one day

I like coins that are more than speculative coins for trading but which can be used for whatever, in SOMA's case buying stuff on the marketplace. But you are right, it will take some time until there's a broad range of products available.