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SONM is a a multi-purpose decentralized supercomputer for general purpose computing, allowig users to monetize their idle hardware and providing services that range from site hosting to scientific calculations. The SONM project implements a fog computing structure instead of a costly cloud structure, reducing middlemen fees. The SNM token is required to buy and sell computational power in the SONM network.
A universal fog supercomputer – ethereum-based network for globally distributed computing power. The bonus during the ICO started at 15% slowly dropping to 0%. 117,337 ETH was raised that was worth approximately $26 Million at the close of sale. The token reserve has been split in the following manner 5.46% Pre-ICO, 10% Eco-fund, 9.01% Team.
ICO Status | Finished |
---|---|
Token Supply | 444000000 |
Start Date | 2017-06-15 |
End Date | 2017-06-19 |
Fund Raised (BTC) | 117,337 ETH |
Fund Raised (USD) | 26000000 |
Start Price (USD) | 0.0585 |
Security Audit Company | N/A |
ICO Legal Form | N/A |
ICO Jurisdiction | N/A |
Legal Advisers | N/A |
Blog | https://medium.com/@sonm/ |
White Paper | https://sonm.io/Sonm1.pdf |