SONM (SNM) day one after exit scam
Updated
"Sonm development is finished" nice words for, thank you for 42mln$, we are gone. No chance to survive in a competetive market SONM aimed at. With no dedicated developer it clearly is over. I followed this project closly and I recomend everyone to study this case since you can learn a lot about how a long planed scam looks like. Promise buy promise and never deliver, accuse others and so on.
About SONM future, ... This guy got it right imo and because he wrotes what I think too ....
"First of all, let me explain why you should sell your SNM asap, and stay away from it right now.
SONM is now "finished" and won't make it. I have always said that SONM as it stands wont get any customers on telegram groups, but now that the crucial development needed is no longer made, you should SELL and ASAP as well.
Why? Sonm is basicly a decentralised VPS provider. Anyone can rent their power to become a VPS to someone else.
This makes it a highly centralised system, and also very insecure. The person who rents his power to you, can also see what you are doing/running. Furthermore, he can also decide to pull the plug and disconnect you.
So would you rather trust a known VPS provider with a solid reputation, or let a random internet citizen host your data and services and processes, that can see what you are doing?
I loved SONM as a project, and was looking forwards to seeing it develop more into a project that people would want to make use of. But without these crucial things, i don't see a bright future for SONM.
LOOK AT ALTERNATIVES"
Remember .com bubble! Only 3% survived. For Blockchain projects it will be somehow the same and SONM will not belong to those 3%!!!
About SONM future, ... This guy got it right imo and because he wrotes what I think too ....
"First of all, let me explain why you should sell your SNM asap, and stay away from it right now.
SONM is now "finished" and won't make it. I have always said that SONM as it stands wont get any customers on telegram groups, but now that the crucial development needed is no longer made, you should SELL and ASAP as well.
Why? Sonm is basicly a decentralised VPS provider. Anyone can rent their power to become a VPS to someone else.
This makes it a highly centralised system, and also very insecure. The person who rents his power to you, can also see what you are doing/running. Furthermore, he can also decide to pull the plug and disconnect you.
So would you rather trust a known VPS provider with a solid reputation, or let a random internet citizen host your data and services and processes, that can see what you are doing?
I loved SONM as a project, and was looking forwards to seeing it develop more into a project that people would want to make use of. But without these crucial things, i don't see a bright future for SONM.
LOOK AT ALTERNATIVES"
Remember .com bubble! Only 3% survived. For Blockchain projects it will be somehow the same and SONM will not belong to those 3%!!!
Note
As expected/mentioned there scam goes on. Do not enter that trap. There are many good projects!Note
KEEP IN MIND that SONM could never make any parnership. And there are reasons.Note
Now after iExec made a new collaboration with microsoft imo SONM is fully out of the game. iExec does have collaboration with Intel, IBM, Alibaba, Ubisoft, .... SONM has not a single one.Note
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