Re: [ANN][ICO] SOMA - The Social Marketplace

After ICO you can buy remaining SOMA tokens on their platform. Also interesting: "Soma will provide a "liquidity reserve" of SCT, which will only be utilized in a theoretical situation, for instance, if after the ICO the SCT is not liquid enough to support the functioning of the Soma platform." From whitepaper.

They wont burn it? Dont like that idea, i hope it doesnt backfire back on them. I dont see the reason of doing that since their ICO is going quite good.

Sorry to come back to that point but are you sure that they will offer remaining SCTs on their platform. Do you have a source for that? Did they change it when they extended the ICO because I was pretty sure I read that they will burn all unsold tokens!?

Can't remember what the whitepaper says about unsold tokens, but someone of SOMA team (I think Joseph) said in telegram that unsold tokens will be burned. Would be good to get a confirmation here.

Yeah, Telegram is also where I have my information from. That's why I was wondering why it is said here, that they will offer remaining SCTs on their platform. Maybe I missed the announcement, it's hard to keep up to date on all the interesting projects out there. But nevertheless a statement from an official dev would be great.

It's important for us to know as it will reflect the long term price of the token.

That's true. Such things should be well addressed in the whitepaper. That's very important to build up trust between investors and devs.