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Author Topic: [ANN] SONM • Supercomputer Organized by Network Mining  (Read 380945 times)
Yefet
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June 15, 2017, 03:35:52 PM
 #1361

https://blog.cyber.fund/satoshi-fund-sonm-ico-report-d9aec0513fb8

Dividends to SONM token holders will be allocated as a percentage from the network fees

"A project could have problems in the future as its token might be perceived as security by the regulators because of the proposed dividend policy"

So if i resume, SONM tokens might no be able to be trade on currencies exchange ?



to early to worry, as the escrow story shows the team can change their mind at any moment  Wink

but yes, do not expect the tokens on Poloniex or Bittrex any time soon

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dolores12
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June 15, 2017, 03:37:29 PM
 #1362

can we invest ether direct from exchange or local wallet is a must? i read ico rules etc but i did not find any info

THERE WILL BE ......
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June 15, 2017, 03:39:14 PM
 #1363

https://blog.cyber.fund/satoshi-fund-sonm-ico-report-d9aec0513fb8

Dividends to SONM token holders will be allocated as a percentage from the network fees

"A project could have problems in the future as its token might be perceived as security by the regulators because of the proposed dividend policy"

So if i resume, SONM tokens might no be able to be trade on currencies exchange ?



to early to worry, as the escrow story shows the team can change their mind at any moment  Wink

but yes, do not expect the tokens on Poloniex or Bittrex any time soon

kraken has iconomi  Roll Eyes

THERE WILL BE ......
HodlFroever
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June 15, 2017, 03:39:57 PM
 #1364

WAY too many red flags at this point. You've been warned

I've been following this project for weeks and had planed on investing this morning. I had my wallet loaded up, but the escrow insanity was the final straw and I won't be investing.

  • The interview videos are unprofessional and give vague details about the project, along with uncomfortable silences. https://www.youtube.com/watch?v=IewRkEv6IHQ
  • The marketing videos promise the world on a platter with next to no details (https://www.youtube.com/watch?v=OS-BxuVRyy0). Huge pans of the world but no substance.
  • The aforementioned association with https://icopromo.com . I hate asking this but why are so many huge ICOs coming out of Russia?
  • The weird and seemingly uncaring attitude toward pre-ico people. The math just didn't add up and it seemed sloppy
  • PULLING THE ESCOW. My god, having 3 owners of the company hold the escrow keys IS NOT AN ESCROW. Doing it behind the back of a trusted escrow and the users is the biggest red flag I can think of
  • The responses to being found out regarding the escrow are unprofessional and unconvincing.
  • The IMMEDIATE posts of vague support, also in broken english, after anyone posts valid points of concern.
  • My conclusion: These guys want to make millions, spend a few months to a year half-assed building a platform while funneling funds, then suddenly will run out of money. No one will know why, and they'll be really "apologetic", but our money will be gone.

I'm out.
mankeen
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June 15, 2017, 03:42:22 PM
 #1365

can we invest ether direct from exchange or local wallet is a must? i read ico rules etc but i did not find any info
You can use BTC, ETH, and other major cryptocurrencies to invest in the SONM ICO. Also, you will be able to make a deposit using various altcoins through the ShapeShift.io auto-conversion.


     
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abonarea
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June 15, 2017, 03:44:16 PM
 #1366

At this moment it is hard to reach at any conclusion what is going on with this upcoming crowdfunding campaign. At site counter is telling there is 1 hour and 17 minutes to token sale starts. I would keep watching site as well as this main topic to catch more information and updates to see where it takes me in next hours. I am just watching right now and waiting for more to come out.

xxollaxx
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June 15, 2017, 03:45:15 PM
 #1367

No escrow = PASS

Seriously, if the team is not going to have allocation this is just going to be a shit disaster from the beginning. I was SO excited to pledge but now hell nah. The team will do whatever they fucking want with the millions of dollars at their disposal.

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Pump up your Force!


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June 15, 2017, 03:47:55 PM
 #1368

ico.sonm.io.

403 Forbidden

EDIT: it works again now ..
holden.commodore
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June 15, 2017, 03:52:08 PM
 #1369

ico.sonm.io.

403 Forbidden

https://sonm.io/sonm-ico-details/
SilArt
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June 15, 2017, 04:06:26 PM
 #1370

WAY too many red flags at this point. You've been warned

I've been following this project for weeks and had planed on investing this morning. I had my wallet loaded up, but the escrow insanity was the final straw and I won't be investing.

  • The interview videos are unprofessional and give vague details about the project, along with uncomfortable silences. https://www.youtube.com/watch?v=IewRkEv6IHQ
  • The marketing videos promise the world on a platter with next to no details (https://www.youtube.com/watch?v=OS-BxuVRyy0). Huge pans of the world but no substance.
  • The aforementioned association with https://icopromo.com . I hate asking this but why are so many huge ICOs coming out of Russia?
  • The weird and seemingly uncaring attitude toward pre-ico people. The math just didn't add up and it seemed sloppy
  • PULLING THE ESCOW. My god, having 3 owners of the company hold the escrow keys IS NOT AN ESCROW. Doing it behind the back of a trusted escrow and the users is the biggest red flag I can think of
  • The responses to being found out regarding the escrow are unprofessional and unconvincing.
  • The IMMEDIATE posts of vague support, also in broken english, after anyone posts valid points of concern.
  • My conclusion: These guys want to make millions, spend a few months to a year half-assed building a platform while funneling funds, then suddenly will run out of money. No one will know why, and they'll be really "apologetic", but our money will be gone.

I'm out.

Good summary of what's happening with this project! Read attentively!

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June 15, 2017, 04:07:40 PM
 #1371

YIKES!
No escrow???!! Then they can do anything with the ico money.
Well, im out of SONM. all the best luck to u guys.
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June 15, 2017, 04:09:28 PM
 #1372

Smart investors discussing about Smart Contracts & escrow at ICO Forum. Join: http://icoforum.herokuapp.com
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June 15, 2017, 04:19:20 PM
 #1373

How can you trust one person as escrow anyways. he could easily run away with the money

 
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HodlFroever
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June 15, 2017, 04:24:25 PM
 #1374

How can you trust one person as escrow anyways. he could easily run away with the money

They're trusted authorities or people to monitor the money and ensure the project doesn't just run off with the funds, and usually for auditing purposes post-ICO. The bigger point is they lied about it being in escrow, that's the huge flag.
Euro1000
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June 15, 2017, 04:25:17 PM
 #1375

How can you trust one person as escrow anyways. he could easily run away with the money

Yes, had the same thought.
So, for the next ICO I will also check how trustworthy the escrow is (or might be).
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June 15, 2017, 04:35:18 PM
 #1376

They're trusted authorities or people to monitor the money and ensure the project doesn't just run off with the funds, and usually for auditing purposes post-ICO. The bigger point is they lied about it being in escrow, that's the huge flag.

How to access the trustworthiness of an escrow?
HodlFroever
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June 15, 2017, 04:40:54 PM
 #1377

They're trusted authorities or people to monitor the money and ensure the project doesn't just run off with the funds, and usually for auditing purposes post-ICO. The bigger point is they lied about it being in escrow, that's the huge flag.

How to access the trustworthiness of an escrow?

TBH I'm not sure, besides they've done many ICOs before. Maybe @SebastianJu can chime in. Look at his profile and posts and make a judgement yourself: https://bitcointalk.org/index.php?action=profile;u=18640 .

It feels like a scammer on eBay saying "let's do escrow" and then at the last second pulling it and saying, "No wait, give me the item first. I'll pay you later." It's shady and destroys trust. At least come on here and talk about it before, during, and after if you have concerns about the escrow, don't just pull it an hour before.
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June 15, 2017, 04:46:21 PM
 #1378

His trust level is right here. Look at the bottom of his post you can see trust of 110 -0/+11. Probably the best on this whole forum.

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pumz
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June 15, 2017, 04:49:23 PM
 #1379

Approximately 36 minutes ago Sonm team tweeted that they are working on the ICO to get start in time. We should expect everything to disclose at the ICO page when the time hits fix hours. It made me very curious the way things are moving ahead in this campaign. Let's hope for something good to be in the end.

THE FNG
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June 15, 2017, 04:50:54 PM
 #1380

They're trusted authorities or people to monitor the money and ensure the project doesn't just run off with the funds, and usually for auditing purposes post-ICO. The bigger point is they lied about it being in escrow, that's the huge flag.

How to access the trustworthiness of an escrow?

TBH I'm not sure, besides they've done many ICOs before. Maybe @SebastianJu can chime in. Look at his profile and posts and make a judgement yourself: https://bitcointalk.org/index.php?action=profile;u=18640 .

It feels like a scammer on eBay saying "let's do escrow" and then at the last second pulling it and saying, "No wait, give me the item first. I'll pay you later." It's shady and destroys trust. At least come on here and talk about it before, during, and after if you have concerns about the escrow, don't just pull it an hour before.

Looks like to me they planned on using an escrow, a free one, turns out free= being extorted for 100k by some anon dude with high trust who people think should be holding huge amounts of money.  I trust JU about as far as I can throw him.
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