Soma is a marketplace where users can securely and reliably
trade with each other in a decentralized environment.
The platform encourages users to engage in beneficial
cooperation to provide members of the Soma Community
a comfort of secure and fast platform to trade with their
desired items. The Soma Rewarding System guarantees that
every user who contributes to the creation of the social value
is rewarded by Soma Community Token (SCT). SCT is an
ERC20 token which is utilized inside the community for
rewarding and hence it facilitates the organic growth of the
Soma community throughout the world.
Soma has a patent-pending feature, the Interactive Item
Card (IIC). IIC is a unique feature which preserves and
transfers important information in transactions within the
platform. Every physical item which is listed in the platform
creates a unique item card, which is a digital representation of
the physical item. The Interactive Item Card can be utilized
to verify item history, price development and authenticity of
the physical items.
The majority of the C2C-trade happens in internet
platforms, such as eBay, which offers its users a ”one-
stop-shop” platform to list items for trading and bartering.
However, the contemporary platforms have deviated from
the historical standpoint of trading as the people are usually
hidden behind the anonymous usernames. Thus, the current
platforms merely offer a forum for trading without any
features that would facilitate social interaction. The lack of
social interaction between the users removes an important
element, something which has been a natural part of
trading and exchange since the beginning of the economic
activity between human beings. This does not reflect the
current market trends and based on our research, there is
a huge demand for a platform that will unite trading and
social interaction between the users.
is where Soma stands out from the crowd. The
fundamental purpose of Soma is to bring the social aspect of
trading back into the digital marketplace. Soma implements
all the widely recognized social media concepts in its
platform, such as liking, following, and sharing. Users are
encouraged to engage in these actions by getting a reward in
Soma Community Tokens (SCT) as a compensation for the
user’s contribution to the social capital of the community.
Thus, Soma provides an environment that guarantees a fair
distribution of wealth for the members of the community.
Soma is the world’s first marketplace that will reward its
users for aiding the process of exchanging. By incentivizing
users to engage in such actions, Soma will facilitate recycling
and take the sharing economy to the next level. One of our
core values is a clean environment and we believe that it is
absolutely necessary to change our consumption habits in
the western world by allocating unutilized resources more
efficiently.
The fundamental unit of account on the Soma’s platform
is the SCT, a cryptocurrency designed to be used as a
compensation for users engaging in actions which benefit
the users and the community as a whole. We believe
that cryptocurrency, such as SCT, can be mainstreamed
efficiently by providing a functional and user-friendly
platform with the possibility to increase one’s own wealth
by contributing to the social capital of the community. Our
goal is to to be the internet’s largest marketplace where
the benefits of the decentralized platform are utilized
efficiently, thus expanding the scope of use cases for the sct