So what is 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 other members and the community as a whole by rewarding such actions with Soma Community (SCT), a cryptocurrency designed to incentivize the members of the decentralized community to perform value-adding services and act as a fast, secure and cost-effective way of compensation.
So why is Soma innovative? – IIC
Soma has a patent-pending blockchain-based innovation, the Interactive Item Card (IIC). This digital represantation of the physical item allows the quality, price and the ownership history of individual products to be maintained reliably. It's easy to assert that the Interactive Item Card will be a popular on art and value-preserving vintage products. In addition, we believe that it will be beneficial in all C2C trading. This innovation delivers a new and unique way to trace genuineness and a value fluctuation in totally new manner.
The IIC also enables the social contribution to be monetized for the first time in the history. Popular IIC’s will gain social acceptance inside the platform, thus possibly increasing the value of the physical item. It incentivizes the community members to create attractive content for the platform. It is fair that community members are rewarded for maintaining the quality of the community.
Why Soma?
Soma is in its journey for becoming the next generation decentralized social marketplace. Our vision is to push all our effort to make Soma a global community engaging in trading with the desired items in a new and fun way. Soma will bring the social aspect of trading back, which has been mainly lost during the digital age. The current situation in c2c market is that the traditional platforms are leaking users to localized communities, such as Facebook groups. It is a strong signal that the people will demand something more from a trading platform that just capability to engage in trading transactions. We believe that the social aspect of trading, which has been a natural part of the trade for centuries, is necessary to bring back in the digital platforms. As a decentralized platform Soma will grow just as large as the community will push it. Thus, the Soma Rewarding System which enables the recognition of the social contribution of every individual user monetizes it by rewarding such users in Soma Community Tokens.
Soma Community Token
Soma community tokens are the central and crucial component of the decentralized platform. The coin acts as a compensation mechanism for every community member that contributes to the social value of the community. SCT is paid by any actor that benefits from the contribution of another user. Market forces will determine the value and amount of SCT that are necessary for the given transactions.
Three essential parties exists in the Soma Community ecosystem: Buyers, sellers, escrow agents and promoters. We want to ensure that the SCT is utilized inside the platform for incentivizing the community members to act in a way that facilitates rapid growth and stability on the Soma community. These roles can be performed simultaneously, so one community member may perform different roles at the same time.
Mission
Trading has been distorted by incorrent value chains already for a long time. Our mission in Soma is to create a global community where every community member would get their proportion in the value chain according to their contribution. The prices which are determined inside the Soma community are determined by the free market, removing actors and middlemen that aren’t adding any value in a chain of distribution.
Presale is on!
www.soma.co