I think this project is more technological. But I also think that it is not too late to buy, because it is still not known when this project will become a reality.
If you are referring to SONM, this project HAS become reality. People and companies are buying and selling computing power as we speak and have done so for months...
I would like to ask knowledgeable people. There is another similar project Golem. I would like to know where to invest? In this project or in that? Both projects have been around for a long time and I would like to understand when investments will bring profit?
I exchanged all my GNT for SNM last year. SONM has more use cases, a bigger and more active team, more funding and above all a working product!!
SNM token value has increased about 50% in the last few weeks and is currently trading at around 1100 sats. Market cap is currently $25m so it has plenty of scope to grow.
If SONM is able to capture only 1% market share of the cloud services market (est. $500bn by 2022) it will be valued at ~$11, which is a ~150x from current token value.
It'll take longer than 3 years to reach that level I believe, but I do believe we'll see 10$ within 5 years (2024). I just can't see the blockchain space shoot up like it did in january, simply because people expect it now. They expect it, which means they need to see it go up before they invest themselves. Also, people are more careful now, they need finished products and big partnerships before they risk investing