[ANN] SONM • Decentralized Fog Computing

[holden.commodore]

ico.sonm.io.

403 Forbidden

https://sonm.io/sonm-ico-details/

[SilArt]

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!

[papajamba]

YIKES!
No escrow???!! Then they can do anything with the ico money.
Well, im out of SONM. all the best luck to u guys.

[avadhoot]

Smart investors discussing about Smart Contracts & escrow at ICO Forum. Join: http://icoforum.herokuapp.com

[Johnny00]

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

[HodlFroever]

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]

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).

[Euro1000]

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]

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.

[adam1230]

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.

[pumz]

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]

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.

[adam1230]

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.

You created a new account on here to post that in order to mask who you really are? No need to do that. Just post it as your normal name. The truth will come out either way so no worries mate.

[HodlFroever]

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.

You joined the forum, what, seconds ago? He's been escrowing for over 6 years and has hundreds of completed projects. I can't tell if this is a joke

[seek4dream]

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.

If I remember it right, he has been an escrow in bitcointalk for at least 3.5 years.

[Dilerium90]

Where i can get eth adres to invest sonm, i can't fined?

[digitalcoins]

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.

If I remember it right, he has been an escrow in bitcointalk for at least 3.5 years.

Who is escrow doesn t change anything. He just collects the money.
The previous time (pre-ICO) SebastianJu has collected funds and then transferred them to the team.
So, what s the difference?
He s not holding and managing funds anyway.

[pterion2910]

I read snm tokens wont be available immediately after the end of the ICO.
Is it true?

[clixcoin]

Where i can get eth adres to invest sonm, i can't fined?

Still no details just 4 minutes left this suspense is going to it's peak so let's see when they reveal this secret I also waiting to get know about this address and how to invest using shapeshift auto conversion system.

[Jayjay04]

not working...