SONM NetworkVISIT NOW
SONM is a decentralized worldwide fog computer
Smart contract blockchain
Andrey Voronkov - Founder
Sergei Sergienko - SONM adviser, ChronoBank CEO
Michail Ivanov - Dev-ops/System architector
SONM standing for "Supercomputer Organized by Network Mining" which is a fog computing platform taking advantage of the blockchain technology and be a valuable decentralized application and provide cloud-like services. It helps several use cases from computationally-intense scientific projects, game servers, neural networks, render farms etc. It consists of majority Russian team members who are highly qualified so the overall team evaluation is positive. The website is pretty fancy and has a great user interface. The roadmap seems nicely stated and the whitepaper is well thought.
User ReviewWrite review 4 reviews
The project aims to provide a fog computing platform which I think would be a great concept which would attract most investors and given its good team, well-designed website, and great execution I surely think it is a great option to invest in.
I find this project very interesting. It allows all users to donate their computing power in order to create a one big machine with enormous power, which can be then used for small tasks that will be done within seconds or ease the process of more demanding things like rendering big videos or streaming or hosting servers. If anyone adds only a bit of their own energy we can create the most powerful tool that can also be used by everyone.
Good idea, SONM is able to connect miners and customers with its decentralized network of computational power. The services which can be provided range from CGI rendering to scientific computations.
SONM uses the fog/grid computing. It is an architecture that uses one or more collaborative multitude of end-user clients or near-user edge devices to carry out a substantial amount of storage (rather than stored primarily in cloud data centers), communication (rather than routed over the internet backbone), control, configuration, measurement and management (rather than controlled primarily by network gateways such as those in the LTE core network)
- The project will create a market for miners and customers
-The SNM token will be used as a native currency of the platform.
The disadvantages SONM, It forecasts that project needs at least 3 and a half years to pay off initial investments through dividend mechanism.
Advantages and disadvantages of SONM Network.
Team is a solid advantage. They are all experienced, professional, and passionate about what they do.
Working prototype. And recently they checked their product by running Quake. Check out their blog if you are interested.
Value proposition is logical and well presented in their documents.
They distribute a large percentage of tokens to investors. That is always healthy for the ICOs.
disadvantage is money. I do not think that they need $40 mln. to successfully implement their technology. But it is up to you to judge.
Another thing is dividends. They openly say that it is dividends that will be distributed. But it will make SNM tokens a financial instrument which is dangerous in terms of legal aspects.
There is quite a list of projects which are going to do the same stuff, so competition is a real thing and must not be put out of the equation.
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