The Panxora Holiday Countdown Award for December 19 is 25 Soma tokens
Summary: A decentralised social marketplace.
Details: Soma is a revolutionary decentralized platform which facilitates trade inside the Soma Community through a rewarding system that enables beneficial collaboration between the community members. Users are encouraged to engage in actions that will benefit the other members and the community as a whole by rewarding such actions with Soma Community Token (SCT).
Soma Community Tokens will have a maximum of 60,000,000 units. We are launching 60,000,000 SCT in ICO, of which 54,000,000 are sold at ICO. The last 6,000,000 SCT units will be used for growth, such as marketing and rewarding active community members. Funds are managed by Soma. Note that the pre sale bonuses are paid out of this (6,000,000 SCT) fund. As for the ICO round – the funds will be utilized as follows:
• 35% Marketing and area launches
• 20% Product development and technology
• 20% Legal issues and patents
• 15% Operational team
• 10% Community reward (We’ll reward the ambassadors and marketers of the community)
The SOMA ICO ended in November of 2017, raising $6m. The token has suffered the same slump that has touched almost every token in the market but they are announcing partnerships that move their agenda forward.
SCT (Soma) can be traded at 2:1 leverage. It can also be used as collateral to back trading other instruments. (1:1) Fees.
Market cap at launch – $6m
Circulating Supply – 8,351,176 SCT
Total Supply – 14,418,075 SCT
This blog is not investment advice. It is provided for informational purposes only. It is not a solicitation or offer of investment advice of any kind. Consult a professional investment advisor before making any investment decisions.
Trading cryptocurrency, currency, equities and ETFs is potentially risky. You should proceed with caution before trading on the site. By using the Panxora website, platforms, and API you represent that you understand the risks associated with trading cryptocurrencies and global markets. Panxora trades global securities, including US stocks. The company does not have a presence in the USA and are not a US Regulated Broker Dealer. We do not accept traders residing in the United States of America.
Panxora provides services that professionalise and elevate the crypto ecosystem. Its offerings are built on the back of the team’s experience in technology, blockchain and traditional finance. Its treasury risk management technology and investment proposition offer much-needed support for token projects looking for professional methods to raise funds and manage capital. It also has a hedge fund which trades the crypto markets using proprietary AI-software open to high net worth, professional and institutional investors. Its cryptocurrency exchange provides liquidity for token projects, and its accounting and payments software for crypto simplifies and automates the tracking and clearing of crypto transactions.
From its offices around the world, Panxora is ensuring that crypto asset holders and token founders have the tools they need to build dynamic, professional and profitable businesses.