Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] SOMA - The Social Marketplace
by
cmg12
on 02/11/2017, 23:27:54 UTC

This is still completely confusing. Does anyone have a  reliable answer for me in regards to unsold tokens? Will the be burned or offered for sale after the ICO?

Even though we have now a new community manager, I will answer as I understood it, FIEX should correct me if I am wrong:

First of all, unsold tokens will be burned. But if the ICO won't reach the hard cap (which will most likely be the case) they will keep a 10% liquidity reserve out of the unsold token. From this reserve, they will offer SCT on their platform after the ICO.



Uhm seems fine to me, the option to buy SCT directly from the app is good, will bypass the need to buy SCT on exchanges
But i think this is not good because SCT price on the market can't increase or maybe if the price increase only slowly, because people can buy SCT coin directly on soma app with ico price
From exchange of from mobile application tokens in circulation will remain the same