[ANN] SONM • Decentralized Fog Computing

[PowerHemp]

if you need 100k for a masternode it will cost 2x more than a dash masternode if it get to the market cap dash is now. i think 50k and 500k is better   or have sonm a better roi?

so buy now till its cheap...of course if you belive on this project I'm in so i got more than 100k + im waiting for Live mainnet + SONM normal usage by customers, suppliers ....then im pretty sure price will skyrocket as fu... how long it will take .. I dont know, nobody knows that, but im gonna hold for 1 - 3 years and we will see.

cant affort that much from my fiat money i need to sell coins from some other great projects. did this already some time last year and that cost me much profit... so i decide to buy any new coins only with my fiat money from work or from some mn rewards maybe in some months/years i sell some big coins but than it will be to late for snm :/

[1715018702]

1715018702

[Bavaria]

all good, but we dont know the ROI for being masternode ...

Sonm is a non-mineable cryptocurrency.
On the basis of that, ROI will depends on the network usage. The more deals(txs) will going through network, the more roi(fee) you will get. With the increasing popularity of sonm network ROI would be a huge. However, it's clear that this won't happen overnight.

thanks ! I didn't know that now its clear for me

No problem
Also, as mentioned above, Sonm's CTO I. Lebedev soon will publish an article about nodes. That'll give us much more details.

[miramare]

all good, but we dont know the ROI for being masternode ...

Sonm is a non-mineable cryptocurrency.
On the basis of that, ROI will depends on the network usage. The more deals(txs) will going through network, the more roi(fee) you will get. With the increasing popularity of sonm network ROI would be a huge. However, it's clear that this won't happen overnight.

The buying of enough SONM for a master node is some kind of risk now. It will worth the buying if SONM will succeed in the future, while if it is not popular the investment will be in a loss.

[frerejaak]

all good, but we dont know the ROI for being masternode ...

Sonm is a non-mineable cryptocurrency.
On the basis of that, ROI will depends on the network usage. The more deals(txs) will going through network, the more roi(fee) you will get. With the increasing popularity of sonm network ROI would be a huge. However, it's clear that this won't happen overnight.

The buying of enough SONM for a master node is some kind of risk now. It will worth the buying if SONM will succeed in the future, while if it is not popular the investment will be in a loss.

Thats the risk with all masternodes. In the upcoming article we’ll find out the ROI

[BitWhat]

all good, but we dont know the ROI for being masternode ...

Sonm is a non-mineable cryptocurrency.
On the basis of that, ROI will depends on the network usage. The more deals(txs) will going through network, the more roi(fee) you will get. With the increasing popularity of sonm network ROI would be a huge. However, it's clear that this won't happen overnight.

The buying of enough SONM for a master node is some kind of risk now. It will worth the buying if SONM will succeed in the future, while if it is not popular the investment will be in a loss.

Highly doubt it will be a loss, this company aint going anywhere. Read between the lines, do some research on fog computing then rethink that statement. Good thing about MN's is you are still the holder of the tokens...so it being a loss would mean snm price will only go down from here...again not happening. This is not another shitcoin, real world use cases keep popping up with the tech.. moon is an understatement. Mark my words

[rebel.salesman]

Digital modernization impacts our behavior: it changes the way we work, communicate and even think. Great innovations become possible due to fogcomputing. Find out how SONM helps to build new business models.

[CORNEL]

all good, but we dont know the ROI for being masternode ...

Sonm is a non-mineable cryptocurrency.
On the basis of that, ROI will depends on the network usage. The more deals(txs) will going through network, the more roi(fee) you will get. With the increasing popularity of sonm network ROI would be a huge. However, it's clear that this won't happen overnight.

The buying of enough SONM for a master node is some kind of risk now. It will worth the buying if SONM will succeed in the future, while if it is not popular the investment will be in a loss.

Details about this business model is not out yet soon they will publish the details about this Masternode structure and what ROI will be for this. I hope they will make this possible to make it attractive for users to run this and get rewarded.

[rebel.salesman]

Aleksei Antonov: “We made a huge leap for the past year”. Read Americanbanker’s Consensus2018 recap to know what the event was like for SONM and other blockchain industry companies.

[rebel.salesman]

Check this sneak peek of SONM presence at Consensus2018. Feel the atmosphere of the event!

[parkperk]

Is there a bounty campaign which I can participate in?

[vlom]

i am not out of somn. i am out of taking into account to start a master node. I bought my somn tokens @2000 sats and hope that i would have enough to be able to run the node.
and now they have to tell us why you need so many tokens. until now only the amount was published.

masternodes provide stability to the network and a locked supply to facilitate trades (like a bank pretty much). You can't expect them to allow 10K holders or something to run nodes like that.

why? what is the difference between a reliable node with 10k and one with 100k? just because you think that it is more likely to stopp running it if you have less coins?

[Scooby903]

I think my only feedback is maybe the start was too technical and could start with an easy to understand explanation. I know when I try to explain Sonm to people they have a hard time grasping it. But overall it was good

[Bavaria]

all good, but we dont know the ROI for being masternode ...

Sonm is a non-mineable cryptocurrency.
On the basis of that, ROI will depends on the network usage. The more deals(txs) will going through network, the more roi(fee) you will get. With the increasing popularity of sonm network ROI would be a huge. However, it's clear that this won't happen overnight.

The buying of enough SONM for a master node is some kind of risk now. It will worth the buying if SONM will succeed in the future, while if it is not popular the investment will be in a loss.

Well, It all comes down to your reward risk ratio, but everyone's has a different perception and understanding of that.
As for me, I see with my own eyes SONM doing a great things. I see their's positive success at work, marketing and other areas. I also clearly see a demand for such of kind technology and a huge market. And let's be honest, we already need this tech today.
A month ago node was at 10k$, today price is around 25-30k$. God only knows how much it will cost in a year or two.
In my opinion, snm bag worth the risk.

[Crypto60563]

i am not out of somn. i am out of taking into account to start a master node. I bought my somn tokens @2000 sats and hope that i would have enough to be able to run the node.
and now they have to tell us why you need so many tokens. until now only the amount was published.

masternodes provide stability to the network and a locked supply to facilitate trades (like a bank pretty much). You can't expect them to allow 10K holders or something to run nodes like that.

why? what is the difference between a reliable node with 10k and one with 100k? just because you think that it is more likely to stopp running it if you have less coins?

I see where you are coming from. And I think there are many very passionate and knowledgeable SONM hodlers and supporters  like you, who would have loved to be able to create and maintain masternodes. They are understandably disappointed. I guess stability of the nodes might have been an important consideration for the SONM team, and hence the high numbers of 100k and 500k for masternodes. I was already expecting these numbers after Igor mentioned in the last Q&A call that they are planning on around 100 gate keeping nodes.
I think the team is gravitating close to the LISK DPOS masternode model (voting, gatekeeping, etc.). Though the SONM team will give all the details in the next few days.

[ortim]

The short answer is that they want to keep the number nodes small in order to keep the software fast. And that can be achieved by high token requirement.  This was stated by Igor on telegram


Actually, if they could, they would avoid masternodes
altogether, but they are necessary for the decentralization of the system (instead of e.g. a central server run by the company)

[ortim]

I see there is VISA option. It works? SONM customers can buy computing power using credit card now?

Wait, where did you get that information?
As i know the only way to purchase snm is to buy them on exchange.

As far as I know there will be an option to buy SNM through the platform using credit/debit card. These SNM will be bought from exchanges for you, cause you can't expect every customer buying computing power to be aware of how to buy erc20 tokens from various exchanges and making transactions over the ETH network to send them where he wants to. Sounds pretty simple to us, but crypto hasn't reached the massive public adoption for people to know how to do this yet.

Ok, i agree, that's great and that's how it should be.
But, is it just a rumor or sonm team made it clear they will support fiat gateway? I couldn't find anything regarding that.

Only fiat gateway at the moment is changenow.io I think

For starters that's pretty cool, maybe will get some traffic in future

[Sam San]

all good, but we dont know the ROI for being masternode ...

Sonm is a non-mineable cryptocurrency.
On the basis of that, ROI will depends on the network usage. The more deals(txs) will going through network, the more roi(fee) you will get. With the increasing popularity of sonm network ROI would be a huge. However, it's clear that this won't happen overnight.

The buying of enough SONM for a master node is some kind of risk now. It will worth the buying if SONM will succeed in the future, while if it is not popular the investment will be in a loss.

Highly doubt it will be a loss, this company aint going anywhere. Read between the lines, do some research on fog computing then rethink that statement. Good thing about MN's is you are still the holder of the tokens...so it being a loss would mean snm price will only go down from here...again not happening. This is not another shitcoin, real world use cases keep popping up with the tech.. moon is an understatement. Mark my words

freezing 500k whatever the ROI, a big risk, because you become a hostage of the team. the super computer itself was built for use and if 500k coins from use will give income more than become a masternode, why become a masternode, and if less, then who will then exploit this supercomputer from the team, working at a loss. so I choose mining on this super computer, which should bring more profit than the node and I always have the opportunity to easily stop if losses.

[frerejaak]

all good, but we dont know the ROI for being masternode ...

Sonm is a non-mineable cryptocurrency.
On the basis of that, ROI will depends on the network usage. The more deals(txs) will going through network, the more roi(fee) you will get. With the increasing popularity of sonm network ROI would be a huge. However, it's clear that this won't happen overnight.

The buying of enough SONM for a master node is some kind of risk now. It will worth the buying if SONM will succeed in the future, while if it is not popular the investment will be in a loss.

Highly doubt it will be a loss, this company aint going anywhere. Read between the lines, do some research on fog computing then rethink that statement. Good thing about MN's is you are still the holder of the tokens...so it being a loss would mean snm price will only go down from here...again not happening. This is not another shitcoin, real world use cases keep popping up with the tech.. moon is an understatement. Mark my words

freezing 500k whatever the ROI, a big risk, because you become a hostage of the team. the super computer itself was built for use and if 500k coins from use will give income more than become a masternode, why become a masternode, and if less, then who will then exploit this supercomputer from the team, working at a loss. so I choose mining on this super computer, which should bring more profit than the node and I always have the opportunity to easily stop if losses.

You have it all wrong my friend. The masternode will give a better reward, its like buying an appartment to rent out or renting out a room for air bnb. The team in no way takes you hostage. Either way do whatever you feel is the right choice.

[Sjacmur]

if you need 100k for a masternode it will cost 2x more than a dash masternode if it get to the market cap dash is now. i think 50k and 500k is better   or have sonm a better roi?

so buy now till its cheap...of course if you belive on this project I'm in so i got more than 100k + im waiting for Live mainnet + SONM normal usage by customers, suppliers ....then im pretty sure price will skyrocket as fu... how long it will take .. I dont know, nobody knows that, but im gonna hold for 1 - 3 years and we will see.

Yes buy now till its cheap.
Usually any Masternodes in any coin are expansive.  Thats its works. Coins are single its not obligation to everybody who have some any coins must make Masternode. Its privilage not mandatory.
Poor people have single coins and trade them when price up and rich people make MN's and make some extra profit but can sell coins if want too.
More bigger MN's make less coins in circulating supply so price go up usually. Its very good for Sonm have Masternodes I mean for price $$.
And from what you takes the prices MN Dash and that sonm cost 2 x more Dash MN cost now 395 000 $ and Sonm 100 k MN is cheap vs dash because cost now 26 000$.
And many people always in any coin crying after relase Masternodes "why its so many coins" but why them dont ask himself where the hell they are when the price almost last half year or year was only 1000 satoshi
Who belive in project long time ago bought many Sonm. Check top 100 holders each have 400 k + sonm tokens.  So in any coin and in Sonm "high" amount coin to make Masternode is reward to belivers and long time followers and holders.
So dont expect people in any coin that everybody who bought already few hundrets or several coins will be capable to make any Masternode.
Already are 2 tiers Masternodes small 100k and bigger for bigger wallets 500k node. So exist cheap masternode 100k coins and expansive 500k coins. Everybody who want Masternode can buy this smaller one. Price when Sonm cost 1200 satoshi long time so was 1.2 BTC so dont cry people its expansive. Expansive will be after 1-2 year. Now its acceptable. Who want can still buy if not have enought yet to make small one.

[vlom]

so tell us then. how many coins do you have? and at which price did you buy them. and are you planing to start a masternode and maintain it?