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vindyne8

[ICO] SONM: has Reached lCO Goal, by Raising $42,000,000

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Posted (edited)

 
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SONM is a decentralized worldwide fog computer for any general purpose computing − from site hosting to scientific calculations.
 
The purpose of SONM project is to replace hash-based traditional cryptocurrency mining, which now dominates the blockchain community.
 

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Buyers of computing power get a more cost-efficient solution than cloud services (Amazon, Microsoft, Google Cloud, Digital Ocean etc.) can offer.
 
We 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.
 

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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 profitable solution.
 
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 applications and 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.
 

Read the SONM Whitepaper with detailed description of the technologies, architecture, roadmap, and all the other essential technical information about the platform:
 
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Read the SONM Business overview with detailed description of the SONM marketing and financial model, distributed computing market analysis, SNM token allocation structure, etc:
 
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From a technical point of view, SONM is a top layer of underlying P2P technologies – BitTorrent for data transfer, Cocaine Paas platform as a decentralized computing  technology, Ethereum Smart Contracts as a PoE (Proof of Execution) and consensus system, BitMessage for communication etc. 
 
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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.
 

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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.
 
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SONM has been developed to be Self-learning and totally safe for its users.
 
Our 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.
 
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In summation, we expect SONM to be the smartest, the cheapest and the largest decentralized computing system with strong rules regarding morality and loyalty, due to SONM’s reputation system and self-learning neural network.
 

Flowchart of client-hub interaction process:
 
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Flowchart of "miner-hub" messages exchange:
 
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Read the SONM Whitepaper to get comprehensive information on SONM system technology, protocols used and the technical roadmap/timeline:
 
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Sergey Ponomarev
Founder, SONM lead developer,
the creator of SONM multi-agent
and blockchain technologies
https://github.com/JackBekket
 

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Andrey Voronkov
Founder, CEO of DrugDiscovery@home project
www.drugdiscoveryathome.com
BTT: digitalcoins
 

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Anton Tiurin
Lead SONM P2P and PaaS technology developer.
One of the Cocaine PaaS platform creators.
https://github.com/noxiouz
https://twitter.com/noxi0uz
 

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Maxim Taldykin
Smart contracts, SONM DAO developer
http://stackexchange.com/users/49396
https://github.com/jorpic
 

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Roman Sivakov
Development and Dev-ops architector
 

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Michail Ivanov
Dedicated to optimization dev-ops engineer
 

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Nicolas Titov
Junior smart contracts developer
 

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Anastasiya Ashaeva
Machine learning and AI development
 

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Sergei Sergienko
SONM adviser, Chronobank CEO
https://www.chronobank.io
 

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Oxana Lorie
Graphic designer
https://www.behance.net/Gilleas
 

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Alexey Antonov
Marketing & financial adviser
 

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Vasiliy Ivanov
ICO and crypto community adviser
BTT: rebel.salesman
 

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SONM Advisers:
(to be announced)
– crypto guru
– cloud computing expert
– grid computing expert
 

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SONM Advisers:
(to be announced)
– crypto guru
– cloud computing expert
– grid computing expert
 

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SONM platform uses a token of the same name – SONM (ticker: SNM). 
 
Token account is a core component of SONM, and it is designed to ensure flexibility and control for the future evolution of the project.
Tokens will be created during the Pre-ICO and ICO.  Total supply of SNM will be limited to the amount of tokens created during crowdfunding period.  SNM tokens will be used by the computing power buyers to pay for the calculations using the smart-contracts based system.
 
SNM is a token issued on Ethereum blockchain.  Its design follows widely adopted token implementation standards.  This allows token holders to easily store and manage their SNM tokens using existing solutions including Ethereum Wallet.
 
SONM project crowdfunding (Pre-ICO and ICO) and SNM token creation will take place using Ethereum smart contracts. 
Participants willing to support SONM project development will send ether to specified ethereum smart contract address, creating SNM tokens by this transaction at the specified SNM/ETH exchange rate.
 

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Read the SONM Business overview with detailed description of the SONM marketing and financial model, distributed computing market analysis, SNM token allocation structure, etc:
 
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You can find the detailed description of the SONM ICO terms and financial model in the project Business Overview document (section 3).
 
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Date of the main SONM crowdsale start and further ICO details will be announced in this thread and in the SONM social media accounts.
Approx. date of the SONM ICO start: 15/06/2017
 
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We'll use escrow with multisignature wallet to ensure safety for all the ICO participants.
 
SebastianJU, the legendary bitcointalk escrow, will provide his escrow service both for the SONM preICO and ICO.
All the preICO and ICO funds will be collected to his escrow wallet.
 

ICO SNM tokens exchange rate will be 1 ETH = 606 SNM.
 

ORiginal thread can be found here : https://bitcointalk.org/index.php?topic=1845114.0
 
Edited by vindyne8
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SONM alpha version use-case — Quake Game-server:
 
The release of SONM’s alpha version, which features Docker containers’ support, will be accompanied by the launch of a game server for the first-person shooter online game “Quake”, which will represent a use case of Software-as-a-Service (SaaS) support of SONM.
 
 
The SONM alpha version release aims mainly at showcasing the functionality of our technology and its applicability in various real world use cases. The main message we are conveying is “SONM is similar to AirBnB, but it facilitates rental of computational power, rather than lodging”.
 
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SONM Alpha:  SaaS, PaaS, Docker Support
(SONM alpha version release from a different prospective “It’s not only about Quake!”)
 
Software-as-a-Service (SaaS) implementation is by far the weak hinge within all grid systems, due to the fact that they were designed with scientific purposes in mind, rather than commercial use.
 
A large proportion of the current cloud computing market is providing various SaaS services including hosting websites, mail services, messengers…etc.
 
Currently, SaaS is implemented and fully operational across SONM’s network. Golem is planning to implement it during the upcoming year.
 
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SONM’s Technical Roadmap
 
1. SONM is a universal fog blockchain based supercomputer. It is an ethereum based network of globally distributed computational power. SONM project’s main purpose is to provide safe, cost efficient, means for executing general purpose computing workloads that can range from game servers all the way up to complex calculations of various forms of scientific research, using a free decentralized marketplace.
2. The roadmap is a pivotal part of any project. Our roadmap includes our development plans along with an outline of present and future use cases.
3. SONM’s roadmap includes a development line for the upcoming five years.
4. The roadmap includes a somehow detailed review of all of the project’s stages.
 
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Jaron Lukasiewicz and Lisk Founder Max Kordek Join SONM Advisory Board
 
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SONM will launch its Initial Coin Offering (ICO) on June 15, 2017 and issue tokens on the Ethereum blockchain.
 
SONM (Supercomputer Organized by Network Mining) today announced that Lisk CEO Max Kordek and former Coinsetter and Cavirtex CEO Jaron Lukasiewicz, have joined its board of advisors.
 
 
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Left: Consensus, NYC | Right: Blockchain Expo, Berlin
 
 
SONM ICO goes live in under 15hrs! June 15 @ 1700UTC
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From the newsletter/blog:

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$30,75M+ have been raised by now
250.000.000 SNM tokens sold

SONM team is extremely excited about the huge interest in SONM project among investors. The official SONM website sonm.io was overloaded at the very start of ICO which hit a home run.

We want to thank all our investors for their trust, patience and support of the SONM Project.

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The number of tokens on the website has now been updated.

The data was incorrect as the number of tokens sold for altcoins was displayed on the website incorrectly due to some technical issue with token amount return fuction which have been successfully fixed.

read more:

https://blog.sonm.io/ico-breaking-news-c6f2ac2ddeaa

The sale may end as early as midnight Moscow time.

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We’re Happy to Announce That SONM has Reached lCO Goal, by Raising $42M

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It is a great day for us
and we wish to thank all of those who participated in ICO.

First of all, we want to thank you for believing in our project.

We understand completely the business value of web performance and we apologize for all the inconveniences which took place.

Read more: https://blog.sonm.io/were-happy-to-announce-that-sonm-has-reached-lco-goal-by-raising-42m-e92ffdc32cf

Join the community on Telegram and Slack


 

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SPT to SNM token migration is automatic and has begun.
 
PreICO SPT tokens migration details
 
PreICO SPT tokens will be migrated to SNM tokens after the end of SONM ICO.
 
Migration will be processed automatically, so pre-ICO participants don’t need to do anything.
 
SNM tokens will be issued to the same ETH address where SPT tokens were stored.
 
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SONM Roadmap Overview

SONM, a decentralized worldwide fog supercomputer for general purpose computing, has laid out a well-sketched business and technical roadmap for their platform. The overview illustrates the potential investors and users about the SONM’s financial and development plans, and confirms the team’s intentions towards creating a fully functional computation platform.

Here is a summarized version of SONM’s Business and Development Roadmaps.

Read more: https://blog.sonm.io/sonm-roadmap-overview-f7c1833fa7db

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