SOMA - SOCIAL MARKET BASED ON BLOCKCHAIN

WHAT IS SOMA ... ???

Soma is a revolutionary decentralization platform that facilitates trade within the Soma Community through a lucrative system that enables beneficial community collaboration by creating a reward system that uses Soma Community Tokens (SCT), a crypto designed to incentivize decentralized community members for doing value added services and acting as a quick, safe and cost-effective compensation.

FEATURES

There are 4 features in SOMA that give more value for customers that is:

1.Interactive Itemcard (ICC)

Any transaction that takes place within the SOMA ™ platform will not only change the ownership of the physical item but also the ownership of the Item Card Interactive Card (IIC). IIC is a digital representation of physical items. It includes information on ownership data, physical goods condition, item authenticity and price history. Most importantly, the IIC will collect social value within the Soma Community through different social interactions from users, which may be reflected in the value of physical items.

2. Secure Payment

Payments within the Soma Community are delivered securely. The Soma Awarding System improves transaction security by providing incentives for community members to act as trusted escrow agents in a transaction. The escrow agent is compensated after a successful transaction on Soma Community Token.

3. Social Contribution

Dalam komunitas Soma, perdagangan bisa dilakukan dengan cara yang menyenangkan dengan memanfaatkan konsep yang dikenal dari platform media sosial tradisional. Anggota masyarakat dapat berinteraksi satu sama lain secara sosial dengan menyukai, mengikuti atau berbagi konten yang relevan. Interaksi sosial akan meningkatkan modal sosial dari konten digital, yang dapat dimonetisasi oleh Token Komunitas Soma.

4. Pemasaran P2P

Decentralized platforms provide incentives to community members to provide assistance to other community members in various ways. P2P Marketing allows users to obtain Soma Community Tokens by promoting items listed for sale on the platform, facilitating the organic expansion of the Community and the popularity of Soma Community Tokens.

You can get SOMA app on iOS.

SOMA PAYMENT FACILITATION

PAYMENT OPTIONS

Soma offers various payment methods to its users on platforms, such as fiat currency, Bitcoin, and some major altcoins. As the society grows, the popularity of SCT will increase. Thus, it will most likely lead to a global phenomenon to utilize it as a method of payment in society in transactions and contributions to social capital. This is a desirable goal for the Soma platform because in the long run it benefits the community in many ways, by reducing transaction costs and boosting economic efficiency. While Soma allows the use of multiple cryptographic currencies on its platform - There is strong support for the use of SCT as payment because it can be concerned by removing transaction costs from transactions made on SCT.

SOMA COMMUNITY TOKEN

Soma Community Tokens are used to lubricate trading within the platform and facilitate the expansion of Soma worldwide. SCT serves as a digital currency in a useful mechanism to compensate users who add value to the community by performing important functions, such as sharing or promoting items for other users and acting as escrow agents. SCT ensures that the expansion of the Soma Community is designed to be fast and constant. SCT facilitates cooperative behavior among users in the community, which is an important part of organic expansion. For example, imagine there are musicians with many followers as users in Soma. Then, there may be a guitarist who needs to sell his guitar because he has bought a new one. Musicians can choose to get SCT, as it allows to promote the guitar to its followers, who may be the ideal audience for a particular item. Guitarists compensate for promotions by setting specific rewards for such behavior.

DEPOSIT, PAYMENT AND WITHDRAWAL

Users can save money to the Soma platform in the normal way, such as credit / debit card, Paypal, wire transfer etc. After the deposit, users can choose to be credited to their own Soma account. Each payment within the platform occurs with crypto currency, although initially the price is shown in fiat currency to promote clarity for mainstream consumers who may not be familiar with crypto currency. To ensure the growing demand for Soma Community Tokens, Soma will provide incentives to users to use SCT as their preferred currency for transactions. Withdrawal of funds is recommended to be made in crypto currency, because it can be done for free.

SOMA SECURE PAYMENT

Soma Secure Payment is an integrated escrow service that facilitates the payment process by holding payment on a secure escrow account until the buyer confirms that an agreed event has occurred (ie receipt of the goods). As a decentralized platform, Soma will be able to minimize transaction costs and provide a viable way to engage even in high value transactions in a secure way. An arbiter-based system is used in Soma, where the arbitrator acts as a trusted third party between buyer and seller for sale in a decentralized market. An arbitrator receives compensation as the dynamic cost set in the sale offer. Soma implements a rating mechanism, enabling the assessment of all three parties related to the transaction. Arbiter is chosen after the final acceptance of the transaction, made by the buyer. Typically, the buyer and the seller will approve the arbitrator prior to acceptance in a private discussion. In most cases, no disputes arise so that arbitrators are required to perform their functions only on rare occasions. However, they play an important role in securing that the parties to the transaction fulfill their obligations in an agreed manner. If the seller does not deliver the goods, the arbitration officer refunds the funds to the buyer. If the buyer does not release the payment to the seller even after it has received the item as described, the signer releases the funds to the seller. Feedback and assessment systems should prevent community members from performing irrational behavior by providing strong incentives for users to act well because good ratings will improve future business prospects.

SOMA TOKENS.

With the rapid development of SOMA and already registered in the token market, then SOMA is a very profitable investment. please join SOMA.

"SOMA grows together for a better life"

FOR MORE INFORMATION PLEASE VISIT LINKS BELOW:

Website:

 https://soma.co/

white paper:

 https://soma.co/documents/

ANN thread: 

https://bitcointalk.org/index.php?topic=2129958

Github: 

https: //github.com/Soma-co

Twitter:

 https://twitter.com/SomaToken

Facebook:

 https://www.facebook.com/socialmarketapp/

author : [Nexsto]

profile bitcointalk :https://bitcointalk.org/index.php?action=profile;u=943965;sa=forumProfile