Soma stands for the Social market. Soma is a Blockchainbased social marketplace that supports the Soma community by implementing a rewarding system that utilizes Soma Community Token (SCT), which is a cryptocurrency designed to incentivize community members to perform actions that create social wealth within the community. Soma enables its users to interact socially with various features implemented on the platform and users get rewarded for doing so. Soma includes generally known concepts from traditional social media platforms and utilizes the Blockchain technology to incentivize its users to leverage social capital. Soma is a marketplace where users can securely and reliably trade with each other in a decentralized environment.
1 ETH = 450 SCT
35% Marketing and area launches
20% Product development and technology
20% Legal issues and patents
15% Operational team
10% Community reward