Intro
SONM is a new decentralized cryptocurrency used for scientific calculations.
The purpose of SONM project is to revolutionize mining with fog computing.
Buyers of computing power get a more cost-efficient solution than other cloud services can offers
SONM use fog computing instead of cloud, so there is no more need to pay in advance for private and monopolized cloud computing.
Since SONM is fully decentralized, there is no centralized authority that regulates computing resource distribution.
If you are a miner or computational power owner, SONM is a great opportunity
to use your equipment for some useful calculations and proceeding real tasks.
SONM fog computing platform is a fresh start for solo mining. There are lots of miners whose GPU mining farms
are now useless due to the increased Proof-of-work mining difficulty (even for altcoins).
In recent years, being a part of a mining pool has been the only way to guarantee profit from mining.
However, even in doing so, this profit is so small that sometimes it doesn't even cover the cost of electricity spent for PoW mining.
SONM platform gives the miners a more profitable solution than the actual.
With SONM you will stop burning your kilowatts for PoW mining and start serving calculations for the distributed World Wide Web.
For those who are confused by difficulty bomb or Ethereum (and many others) PoS-migration, SONM suggests to miners the most
profitable applicationsand tasks for his hardware. CPU, GPU, ASIC, even gaming consoles
and smartphones can be used for SONM fog computing, all you need is to set up a mining client application and run it.
There is no central control behind the system and no backdoors or escape hatches.
Several existing technologies were combined and modified by our developers to make a new GRIB (GRID+Blockchain) technology.
SONM is the Multi-agent system, so each user will able to use intelligent agents and smart-contracts to maximize the profit.
You can set up automatization level from choosing of every project manually to one-click settings. The SONM system will then
automatically pick the most profitable project for your equipment, work with it and receive payouts to your personal Ethereum address.!
SONM has been developed to be Self-learning and totally safe for its users.
The system supports anonymity tools like proxy, VPN or TOR, but it can't be used as a hacker dream toolkit.
Intelligent agents are able to self-educate using neural networks and keep malicious users out of the system,
while at the same time providing
most efficient task solution - both for miners and computational power buyers.
Also, SONM computing power exchange has the properties of the free market, so malicious hubs and users will
shortly be ignored by buyers and miners due to their bad reputation.
The Team
Team mainly consists of Russian software developers who have vast experience in the cloud computations sphere.
Sergey Ponomarev is the creator of SONM’s decentralized supercomputer architecture and SOSNA concept, as well as the lead developer of the SONM platform. A long time Ethereum and blockchain developer.
Anton Tiurin is a senior Yandex software engineer and one of the leading Cocaine platform creators in the Cloud department.
Max Taldykin is an experienced smart contracts developer, working on off-chain computations for Ethereum.
There are more team members to this project, and you certainly have to check them all out.
Some Info
The crowdsale terms. SONM will distributed a large % of its tokens to investors, making their crowdsale more favorable for participants.
First of all, SNM is ERC-20 token on Ethereum blockchain.
ICO starts on 15h of June, 17:00 UTC and ends on 15th of July.
Project will distribute 80% of its tokens to investors, 1% to community grants, 9% SONM ecosystem fund, 10% SONM team.
They want to collect up to $40 mln.
Current rate of 1 ETH = 2824 SNM tokens.
The earliest investors will get the biggest bonus (15%), other investors will get bonuses depending on when they invested.
SNM transfer will be restricted for 1 month after ICO due to safety measures.
Valid points shared! Thanks for this!