SONM coin was developed by Sergey Ponomarev and Igor Lebedev to provide decentralized network at a better price. It is a supercomputer network producing power for hosting websites, game servers, computing, rendering videos on CPU/GPU and more. A maximum of 444 million coins will be in circulation. The team wants to develop and distribute a multi-functional network. Through many decentralized computers forms a fog structure which performs better than the usual cloud services. The SONM coin‘s abbreviation is SNM. The SONM platform is based on Etherium smart contracts for full security. Volunteering internet users can participate in the platform proving computing power, and in return, they will receive SNM coins. SONM targets companies, individual customers, and suppliers looking to buy or sell computing power.

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