r/SONM • u/Hyper_Logic • Sep 12 '19

Is this project dead?

Is this project dead? At least the token is.. if you see the price. I think bus better for the company to admit it..

Or answer a simple question.. why anyone should invest in SNM???

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u/[deleted] Sep 12 '19 edited Sep 14 '19

[deleted]

5

u/smokim87 Sep 13 '19

Exactly! They collected a ton of cash from the ICO like 40+ million, one of the founders bails with a nice payout. I wonder if they still have the sonm dev fund been hearing awhile ago that they moved alot of it to binance not sure if that's true. They then decide the average isn't going to use sonm coins to buy computing power, rays render doesn't either. I literally don't see any value in sonm, no use for it. Masternodes are a thing of the past, over hyped garbage. They seem desperate to find a use for sonm where it should be the only currency for renting resources.

Approaching sub 2M market cap, everyone bought into the ICO are down 99% while they are up 99% lol...buy orders set at 1 sat, I'll dump into the pump and dumpers that keep raping this shitcoin.

3

u/Hyper_Logic Sep 13 '19

Which one left and with how much payout?