Post
Topic
Board Tokens (Altcoins)
Re: [ANN] SONM • Decentralized Fog Computing
by
LuckyBtc
on 29/09/2019, 16:56:10 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.


Sorry, but this is bullshit. I am extremely disappointed with the behavior of the team, it helped a little to sweeten this bitter pill that I sold all my tokens on a recent exit pump on binance.
Is what you say really true that his words are just bullshit? And if that's true, of course it's not just the ones who are disappointed with their team,
and we better just follow its development so as not to miss information
Everything looks as if the team spent $ 42 million in two years of development and now went into the sunset, leaving the project to its fate. And now we are talking about a DAO, which is planned to be financed by selling tokens on the market. Do you really want to participate in this? Me not.
I don't want to participate in SONM in any way either (Besides giving warnings). I doubt they spent $42 million on SONM development, They used ICO funds for personal project/company. SONM looked legit project to me, Until the recent shit they posted, It turned everything around. Be safe guys, Research and think 1000 times before you invest.