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.
I think if it is done, of course it is a good thing because it can make SNM prices grow,
but anyway we will see what developments will be done later
For every coin, developments are a major important thing in order to increase their prices, it will be good if they release any developments because of many days' community kept holding this coin, it has a higher chance to increase its price. SNM will surely have the ability to reach high value, but team should focus on developments.
Speaking of the team, I believe they don't just stay quiet of course they will develop the project,
the most important thing is we continue to support the team and hopefully the development can be carried out smoothly