Quote from: vlom on September 29, 2019, 05:49:30 PM

"they" developed something that true. but nobody uses it.
and they started two other companies. one of them is https://raysrender.com/. but you cant paid for this service that may be based on snm with snm. that shows everbody the trust they have in their own token. they dont bus them / trade them for a service. they just sell snm on binance.
end of the story.

There was lack of enough marketing and sales, mostly concentrated on technology.

Quote from: ePesoInitiative on September 29, 2019, 06:15:00 PM

Quote from: AUruHM on September 29, 2019, 05:18:16 PM

Quote from: Sancho18 on September 29, 2019, 10:57:27 AM

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.

But what about the working project as a result? And all sources to continue developing? I don't want to save founders but $42kk was at the beginning at the bull run. Do you sure that all funds have been fiated? I think project have all chances to become successful. But now they are at a difficult time. Try to read more in the telegram. Much interesting

This routine of the dev team who got the ICO funds, whom developed the protocol/platform/coin and then leaving the project, declaring their responsibility is finished is not unique to SONM. Since 2014, I've seen at least two coins that went through the same history - both pump hard eventually and broke ATH prices - however both also were just hyped to fuel the pump. One coin is gone now and probably newbies won't remember, the other is still alive but it seems they are out of development ideas.

Anyway, I offer good luck to the new leadership, I hope they can pull it off.

Thank you.