SONM to USD Price Chart

What is the current price of SONM (SNM)?

The current price of SONM (SNM) is $ 0.00021006.

What is SONM (SNM)?

SONM (SNM) is a global operating system, working as a decentralized worldwide fog supercomputer. With SONM, users gain access to general-purpose computing services akin to a cloud, all powered by fog computing. It consists of IaaS (Infrastructure as a Service) and PaaS (Platform as a Service), both of which are built on decentralized applications or dApps. The backbone of this system is the SONM marketplace, where hosts globally contribute their computing power.

Who created SONM?

SONM was co-founded by Sergey Ponomarev, who acts as the current CEO, and it's CTO is Igor Lebedev. Both of them lead a cross-functional team leveraging the agile development framework. Under their leadership, SONM is organized into different teams each tasked with developing specific aspects of the platform. These include teams focused on developing Node (Core), Smart Contracts, Wallet (Client), and Distributed Entity and Integration, among others.

How does SONM work?

SONM works by encouraging hosts globally to donate their idle computing power which is then used for various tasks that might range from scientific calculations to website hosting. This computing power is traded on the SONM marketplace, where it can be bought by those who require the resource. Effectively, it turns the fog network (a decentralized range of devices and equipment) into a powerful supercomputer.

Throughout all its operations, SONM prides itself on ensuring consumer satisfaction and achieving high market liquidity. It does so by offering a reliable platform, scalability, and secured transactions. SONM ensures transparency about the supplier’s reputation and is even working toward implementing hardware-enforced security.

Where can you buy SONM (SNM)?

SONM (SNM) can be purchased on any of the following exchanges: Lykke, YoBit, Binance.

How much SONM is in circulation?

The current circulating supply of SONM is 44.4M.

What makes SONM unique?

What sets SONM apart is its distinctive combination of fog computing, blockchain technology, and its marketplace model. As a decentralized supercomputer, SONM offers general-purpose computing services of the "cloud-like" nature, but with fog computing as the backend. This unique setup allows anyone in the world to contribute computing power to the platform, in return for tokens that can be used or sold on the SONM marketplace. Furthermore, SONM places a high emphasis on customer satisfaction, flexible scalability, and security. They are also working towards ensuring hardware-enforced security, which will add an additional layer of confidence for users.

How is SONM’s technology upgraded?

SONM follows the agile development framework which allows for frequent and incremental changes to its technology. This approach ensures that SONM's technology can constantly evolve in response to the needs of the marketplace and changes in the broader technological landscape. The team behind SONM is divided into specialized units each focusing on a different aspect of the platform such as Node (Core), Smart Contracts, Wallet (Client), and Distributed Entity and Integration. By working closely together, these units synchronize their efforts to effectively upgrade and refine SONM's technology.