ICO SOMA analysis (part 1)


Begin the analysis of the project SOMA.

Soma is a 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.

Technical overview

Site on WordPress
Domain creation 2010-07-21
But DNS updated on 2017-07-15

Domain was registered on Jukka Hilmola (SOMA Co-founder) – GOOD OMEN!

Registrar: GoDaddy.com, LLC
Registrant Name: Jukka Hilmola
Registrant Organization: Social Market
Registrant Street: livisniemenkatu 2 A 13
Registrant City: Espoo
Registrant State/Province: Uusimaa
Registrant Postal Code: 02260
Registrant Country: FI
Registrant Phone: +358.451607229

Site history

In 2016, the site had such information:

«Soma is a modern trading venue
Users can purchase and sell their goods easily, quickly and safely. Our goal has been to make the purchase and sale of goods on the internet meaningful and safe without forgetting the social interaction with the trade. Many of us have unnecessary objects that can be another treasure. Soma is also an excellent market for artists or artisans to sell their own creations.»

ICO SOMA analysis (part 1)


They invited to beta testing on June 2017.
So, I think they have an app.

Another one. As we see copyrighted by «Appsoft Oy».

ICO SOMA analysis (part 1)

Check this company on asiakastieto.fi (site provides service on company overview).


Appsoft Ltd – Helsinki, Country roads 53 D 70 01350 Vantaa
Business id – 2749922-7
Main category – Software design and manufacturing (62010)
Juridical – Limited company
Chairman – Sharif Joseph

Chairman is Sharif Joseph (one of the SOMAs Team).
Probably people are alive and do not seem to be scam.



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