Pushing your post-counter? What are you talking about. This was posted 6 hours before your post:

You guys should really join us on telegram: https://t.me/sonm_eng
Trust me - together with their twitter and blog the best spot for information. slack is up and connected to telegram but seems like team also prefers telegram...

Calm down, guys:

Team is on their way to Barcelona and therefore marketing should be kind of busy preparing everything and the great updates we are all waiting for. As the team will be on the Blockchain Solutions Forum which takes place from 3rd - 5th October you better watch out for the following news:

1) Monthly report
2) Release of "Arch" (v0.3)
3) And what might surpass it all will be the announcement of a serious partnership!

I would also like to share (again) some thoughts on this project and try to cover different aspects from a strategic point of view. Hopefully some of my points could be useful for future investors doing their DD. At the very end of the post you will find a brief summary ;-)

As you should know who is writing: My name is Jens - a 35 yo Senior Consultant working with an award-winning management and strategy consultancy located in Düsseldorf, Germany. We advise tech-startups, DAX enterprises and institutions mainly in Germany and Europe on how to become and stay competitive in the global race against high-performing teams. In my spare-time I run a performance marketing company and invest in several projects and companies around the world. You can also follow me on twitter if you want to see the face responsible for this wall of text -> @nureinschritt
As I am an investor in SONM (and also hodling some gnt because I believe in the fog) please make sure to do proper due-diligence before investing your money - this post is of course not an advise.

Passive income, highly disruptive cross-section technology, long-term HODLing
I came across the SONM project around two weeks prior to their ICO. As I do not have much free time to ride many waves I was looking for ICOs with at least a good use-case to further diversify my portfolio and hodl some time but what I found in SONM really surprised me! There was this highly motivated team with that kind of idea you want to be a part of.

For those of you just looking for the next pump&dump coin with fortune over night: Please move on since you simple do not deserve to be part of this! Imagine yourself crowdfunding not a piece of bullshit but a real world changer - the next big thing! As you are reading at least till here you seem to be involved - congratulations. I guess you made a wise decision!

For those of you mentioning Golem as the direct competition: I go with the team as they stated during their last Q&A live session on Youtube: Golem aims for the niche of providing resources for special computing while SONM aims for the general computing market. That is why a running CS:GO server by Team Stratis is so incredible awesome. It proofs its reliability - and on top the SONM team is already very experienced in distributed computing which is not so common as many teams are experienced in blockchain or ICOs in general but not in the underlaying tech regarding their piece of work.

Passive income
The token holders of $SNM will have a share in the sales of computing power on the marketplace. Imagine gaining a percentage of eBay's auction fees. This was falsely described in the white paper as "dividends". Real dividends (as meant by the SEC) would describe a situation where you would gain percentages of the whole eBay Inc. We are simple talking about some kind of a kickback- / referral-like concept.
This means: Nice passive income for token holders and some intrinsic value of the token which will serve as the currency on that marketplace - and it will be big. Why?

Highly disruptive
Referring to the widely known predictions from Gartner (also included in the business overview on sonm.io) the cloud computing market will raise to 385bln US$ by 2020. From my daily work in a technology consultancy I can copy that. Half of our guys advising on bimodal IT and how to build an efficient architecture also using cloud services.
The SONM will disrupt the whole portfolio of Amazon Web Services - from EC2 to S3 - guess what happens to the token value if market cap reaches x% of that. As Golem aims for a different subsegment and the market is incredible big the question of "who will win" is kind of obsolete as we as investors win either way - the cake is more than big enough.

Long-term hodling
As with most ICOs without a working product in the moment of the token release, the price happened to dip after hitting first exchanges. I personally invested only a real small amount of money during ICO and accumulated a lot more tokens during the last months. I really hope that the first listing in bigger exchange occurs together with one of the next software releases in order to penetrate the news with upcoming stories on an omni-channel approach. This combined with the growing visibility of fogcomputing and blockchain in general will kick it in the upcoming months and years.
It simple doesn't matter if the token is at 1k, 2k or 4k sat. It doesn't matter if some exchange lists the token or if we will be longer able to buy the dip. Even if Binance would disappoint their customers by breaking their word and refuse on listing the token because they heard some FUD - that would not mean a thing to the product the team is focussed on. The next first bigger and more clever exchange will be glad to have picked it up in some month.

Organizational structure
Unfortunately there are not as much insights available for the moment as I would like to see as a strategy consultant. Obviously the team follows an agile approach for developing the product. At the moment there are no insights on the framework but they are obviously scaling towards at least four teams for different parts of the product. This might not be optimal from an agile perspective but as I am not familiar enough with the scope they should have their reasons. Some public product backlog or a story mapping canvas could serve stake- and shareholder communication.
Nevertheless the most important fact for me is the will to improve continuously. They are constantly listening to their growing community on telegram and slack (over 3.5k in slack i guess) and already delivered several improvements - also regarding transparency towards us the investors. They also got heavy support which could easily discovered doing DD - therefore a ++ rating from my PoV.

Thoughts on FUD, "SCAM" and uninformed bitcointalk questions
I fully understand that people get nervous when it comes to money and most of the guys yelling lost money in some way: The young kid spending his parents money in an ICO which dipped because of needed development time and bad communication. Or the bunch of pre-ICO investors: That was not cool - luckily you got the possibility to request refunds.

From a professional point of view everybody has to admit that failures happened before and during ICO phase. But to be honest - that simply doesn't change anything regarding the product and the ground-shaking concept beneath it.
IF the team would have scammed you they would not gather bunches of awesome support guys on their telegram - join it! They would not have build a working prototype. They would not have released alpha and patched it already again. They would not hire more and more developers. They would not have awesome and reliable advisors on their board who do not want to have their names burned by a scammy russian ICO. Please - what more do you need? That hype on "ICO scams" simply fucked up your minds. The team now has millions - but of course they want billions and SONM project is one of those rare projects in the ecosphere which could become an unicorn.

So please - do your own research. Do not believe in Lambo pictures on the one hand or FUD-spreading people on the other. For myself I feel grateful and blessed to were able to become part of the project as a small investor.


Brief summary

• Fog computing will disrupt whole cloud computing market (385bln US$ by 2020) - imagine x% share for fog.
• What will AWS do while we rent power of iPhones, watches and microwaves to the SONM?
• Golem is not a real competitor - both aim for different purposes.
• SONM aims for general computing - proven by smooth running CS:GO server on alpha.
• Furthermore the alpha got patched already - next release 0.3 is expected to happen during the next weeks.
• Every application fitting inside a docker container can be run right now! In the fog!
• Token has multiple intrinsic values and fixed supply. Buyback of tokens by team will start Q3 2018.
• Token is not a security according to SEC because token holders receive "only" parts of a fee.
• The accidentally description of this shares as "dividends" caused delay in listing with bittrex after SEC happened.
• Doesn't matter which exchange lists when. Read the details. Go ahead.
• Well-nown Dr. Paolo Tasca and Ilja Frankstein joined advisory board - great articles already published.

I could continue like this and remind you of the awesome video from the  great cryptolark (YouTube "SONM - the Golem killer? https://www.youtube.com/watch?v=cybQCnKAN_w) or the interview with Dr. Tasca at bitcoinmagazine (https://bitcoinmagazine.com/articles/sonm-universal-fog-supercomputer-powered-ethereum-blockchain/). If you want to share your ideas not only on SONM but also on highly disruptive cross-sectional tech and how agile approaches can get the shit done while celebrating transparency and failures - join me on twitter (https://twitter.com/nureinschritt), linkedin or telegram.

Hello zirt,

you nailed it. SONM and Golem are so kind of comparable - both want to build a fog-supercomputer. But while Golem aims more for special tasks in the niche, SONM aims for general computing and proved it already by releasing their alpha. It was recently used to set up a running CS:GO Server with smooth latency by Webdeveloper @dylan.

Furthermore you might find this video interesting as well: "SNM - The Golem Killer?" by @cryptolark https://www.youtube.com/watch?v=cybQCnKAN_w

Comparing market cap and circulating tokens, roadmap and setup, might help you finding that one clever answer to the question if you should invest some bucks...

They just released Blogpost on new advisor to focus on communication with investors: https://blog.sonm.io/ilia-frankstein-joins-sonm-advisory-board-6a9ae8696269

what the hell are you talking about?

during last weeks:
alpha release
alpha patch
cs:go server by strat steam team online + review how easy setup was
article from the great paolo tasca on sonm in bitcoinmagazin
binance announce for listing upcoming days/weeks
this morning nice review from larksongbird (https://steemit.com/cryptocurrency/@larksongbird/sonm-snm-the-golem-killer)
announce of tomorrows "ask-me-anything session" on youtube live with sonm team
...

what you stupid fudster want exactly? gosh... just shut the fuck up and thank those guys for providing us the possibility of earning serious amounts of money.

Larksongbird made a great video on SONM and how the project should be compared to its competitors - you have to watch it!

https://www.youtube.com/embed/cybQCnKAN_w

https://steemit.com/cryptocurrency/@larksongbird/sonm-snm-the-golem-killer

omg please DYR. Cocaine refers to the framework by Yandex: https://en.wikipedia.org/wiki/Cocaine_(PaaS)

This is not true and was stated multiple times by the team.

If you want to have a brief summary - please feel free to read my reply on page 270 of this thread:
https://bitcointalk.org/index.php?topic=1845114.msg21203485#msg21203485

You are welcome.

Dolores... Serious?! No need to write me a PM - I feel free to answer you directly in this thread as it simple made my day.

As you can see in my nick (jensbonn):
My name is Jens - I am located in Bonn which is by the way the former capitol of Germany.

I feel some kind of honored that you think my crappy english could be native.

By the way: I am not in PR - I am a management and strategy consultant mainly focused on organizational change, digital transformation and agile methodologies for a german company. For living I am helping i.e. german DAX companies mainly on c-level to succeed in todays challenges.

Would be glad if I receive money for this. Some cool projects staffing their boards?
Truth is: I am begging sonm team for one of their cool shirts they are giving away to alpha testers :-)

edit: if you also wanna see a face - join me on twitter.

Gosh - once in a while the fudsters are leaving their cave.

Here are a few facts I would like to share with you and all other crypto newcomers.

First of all: Invest only what you can afford to loose - WITHOUT big times crying!
If you are a wave-riding pump&dump champion following every call on twitter: Maybe Tech-ICOs are not made for you.

Problem is: You just heard about Crypto, Bitcoin, big money and now the latest shit: ICO. Come on and be serious - you just invested to much or are committed somehow now. For instance my SNM bag makes around 20% of my depot - and this is way too much imo. But I value the team and project very much and at the bottom SNM made my safe harbor. I make other calls for daytrading.


OK - lets go:

If you are still holding tokens -> Spreading FUD is really not clever unless you are following this strategy (which I hope for you - otherwise you are really just a clumsy crypto kid).

1) There are different kind of projects and different kind of ICOs.
There are for example projects like Trueflip ($TFL) which already had a running lottery website. Guess what happened to the price after it hit the first exchanges? Right - it surged (not much though 'cause they suck). If you would at least have done your due diligence and a proper research you would have known that technical projects with some kind of a complex and disruptive nature suffered a hard dip after hitting exchanges almost every time.

2) Yes - there were problems before ICO.
That wasn't really clever - BUT: You got that information before sending your money. The overall communication of the team during and right after ICO was not optimal and it was discussed in an transparent and professional way in their channels. I highly recommend to all of you to join slack or telegram of the project you are interested in. During the last two month every risen voice from the community was
heard. They optimized their communication across all channels. You should really see their blog.sonm.io and the 24/7 presence of support guys and team members in their slack and telegram.

3) Yes - there were also problems during ICO regarding bonus.
But only because those guys sent BTC which took way longer to proceed as the ETH. The ICO was planned for a month or so and it finished in what? Two days? If you are such a clever crypto genie -> send the best suited currency. ETH to an ETH contract. Bam. Bonus.
Beside I guess it causes trouble in your organization if you give a timeframe of a month and you are sold out in seconds and the people afterwards directly start to fuck you up.

4) Supercomputer is new technology and there are competitors
From a mankind perspective we can be proud of taking an active part in the development of future groundbreaking technologies. I do this for living and it doesn't make a difference if the project with biggest marketshare is called golem, sonm, iExec or whatever. Though the roadmap of SONM is a killer compared to the rest. You do this for the tech - you do this also for upcoming passive income. And here comes one of the most discussed points:

5) "so called dividenTTTT model" and the discussion regarding Bittrex and the SEC
The SONM Team made absolutely clear that there are no dividenDs. They just used the word dividenT to describe the passive income. But this is not a dividend model as seen by the SEC because it is based on commission fees. Point is: These documents were published long before SEC and now they have to make double clear what the system really is all about. And to be honest: I would have loved to see real dividends because this token is for investment and not for speculation.
Yes - the Bittrex call on YT was probably not the most clever statement but the problems with SEC and therefore trex occured after that. And that is also what Alex is saying: After the SEC statement not really new coins were added.

6) Low volume on liqui.io and overall price under ICO
Dolores compares the BTC entry level. Yes. Would have been better to just keep your BTC. I only compare to FIAT - cause this is the money I am buying my lambo and houses in. See - I bought a little during ICO for the unlikely event of an instant raise. The expected dip came - probably a bit harder because of you guys crying like little babygirls. Thanks for that because we could accumulate so fucking many tokens that right now I am in a comfortable profit zone and I am pretty sure my bag will buy me houses in a year from now when first commercial version hits the market. The roadmap includes superb features compared to the competitors. The team concentrates on the product in order to not totally fail like Golem with Brass for months.


Conclusion - should I tell you what is really going on?

They got 40M$+.
They got highly valuable advisory board.
They got a highly professional business side behind their project with severe capabilities and knowledge of marketing. DYR!
They are staffing the teams more and more and focus on the product: Bam. Alpha. Feedback? Bam. Patch with bonus upcoming features because they are gaining more and more velocity.
They have a team experienced in decentralized computing unless the other team with experience in building an ICO.
They know a lot more than you guys could probably teach them with your complaints and "great ideas".


Price still low? Mhhh... ever looked at those sell walls? There are players out there rubbing their hands with every single dip. We are accumulating for retirement guys!

And one day - when the big bosses in and behind the team raise their thumbs.... BAAAAAAAM!

_{sorry for wall of text - just wanted to share - no advice - only my thoughts - all of you should have these facts by DD}

They just released Patch for Alpha.

https://twitter.com/sonmdevelopment/status/900408314483310594

ever thought about that they of course know all this but still have a very good reason to wait?

Dunno... When an ICO seems legit and offers a good case I am in and buy just a small stack. Typically price dips when there is no running product on stage. Therefore I use sideway movement to fill up the bags and lower my entry level. I do this with several "safe-harbors" and I am quite happy so far.

edit: and to be honest - we are all winners so far as we are part of the crypto-circus and the disruptive techs whether they are called sonm, golem or what ever will serve mankind. so congrats on this :-)

Guys... what are you talking about? Join their Telegram - read their Blog. Continuous flow of great information: Alpha release, Paolo Tasca joining and so on.

Wanna know why it is still low? 'Cause we are accumulating for retirement! That small exchange is a blessing not a curse :-)

Yeah - good move! Last order guys...

Telegram and Slack are connected - there is a lot of traffic with several thousand members in the channel and all the time support guys are around.