Quote from: jd218 on August 29, 2017, 03:21:47 AM

I want to present my speculation of why SONM will be at least a great medium term investment. I realize that the ICO didn't go as many had planned, but it now is in a very undervalued state based on the following:

1) Extremely active development on their github: https://github.com/sonm-io. I've been watching for the past couple of weeks, and the amount of code being pushed is impressive. I'd like to quickly compare it to their competitor, Elastic (holding a market cap twice as high), on their github: https://github.com/elastic-coin. The difference is pretty astounding to me. This either justifies investing in SNM, or divesting XEL.

2) Upcoming exchanges: a recent reddit thread, https://www.reddit.com/r/SONM/comments/6wdq3n/sonm_first_meeting_of_russian_community/, has testimony of someone saying they received some sort of firsthand information that SONM is in talks with a "big exchange". Once listed on a major exchange, SONM will receive some organic exposure that it needs to grow. This post also details that the team has hired a PR and marketing team, that there will be "a couple of big news in September" (funny language there), and that SONM is targeting Asian markets.

3) Technicals: looking at the price graph since release, SONM has pretty much bottomed out. Now this isn't a guarantee for growth, but I encourage you to take a look and tell me what your reaction is. Moreover, some supercomputing competitors like Golem and Elastic have much higher market caps, which can speak to the potential room for growth.

Overall, I'm pretty bullish in the medium term. I'm not sure if SONM has what it takes to be a great investment, but I'm pretty confident it has what it takes to be a decent one for the near future.

Thoughts?

I joined its ICO and my cost is $0.11 per SONM token right now. This was a mistake to join their ICO. SONM team is very amateur and they couldn't get the token listed in good exchanges. Only liqui works for me so far.

I don't expect too much from it, honestly.