Post
Topic
Board Tokens (Altcoins)
Re: [ANN] SONM • Decentralized Fog Computing
by
digitalcoins
on 27/09/2019, 14:08:54 UTC
SONM price growth is probably connected to SONM transformation into DAO, so that community can support and manage the project.

You can find SONM DAO creation roadmap here:
https://link.medium.com/XAsnDEIZi0

and you can find rinkeby SONM test DAO participation here:
https://link.medium.com/lawLQYKZi0

Well, people or rather the token holders here are enthusiastic about taking control of the project. I'm glad of this direction but a major issue is still the funding. Where in the hell will SONM DAO get funding for further development? Pro bono development?

If DAO concentrates funds, this can lead to SNM price growth, which will give additional price for developmemt. DAO can also sell some SNM tokens, or make additional emission of DAO tokens and sell them in the open market.