Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] SONM: Supercomputer Organized by Network Mining
by
Dr Charles
on 17/06/2017, 02:12:56 UTC
hi kids
 this is interesting
https://blog.cyber.fund/satoshi-fund-sonm-ico-report-d9aec0513fb8

somethings note worthy

U.S. citizens and permanent residents of the United States, as well as those who have a primary residence or domicile in the U.S., including Puerto Rico, the U.S. Virgin Islands, and any other U.S. territories may not participate in ICO

is this enforceable?

Dividends to SONM token holders will be allocated as a percentage from the network fees

this is unique among ico's ? and potentially get the sec attention

SNM transfer will be restricted for security reasons for one month after ICO closes; all unredeemed tokens will be burned

what does this mean exactly?

It is clearly stated on the SONM website FAQ's that US resident cannot participate... is it enforceable? eh... it would be difficult. I am guessing it is more of a way to hurdle some potential red tape by saying that they posted a noticed to US residents but since they do not make you register with country of origin.. how would they know?

Sharing network fees is not unique to this ICO by any means.