Supercomputer Organized by Network Mining (SONM) announces ICO – Blockchain News

SONM (Supercomputer Organized by Network Mining), the universal fog supercomputer powered by Blockchain technology, has announced its Initial Coin Offering, commencing June 15, 2017 and concluding July 15, 2017. By modifying the algorithms behind conventional cloud and grid networks, SONM will be the first distributed supercomputer for general purposes, from site hosting to DNA analysis to scientific calculations. SONM will issue tokens of the same name on the Ethereum Blockchain.

SONM CEO Sergey Ponomarev said:

“Market demand for computing power is rising exponentially across a range of industries. SONM’s unique offering directly responds to this demand by making use of idle standing computing power to solve non-deterministic tasks like hosting websites, the backend for mobile apps, and massively multiplayer online gaming (MMO instances). Any miner with a smartphone or supercomputer cluster can become a part of SONM’s fog network and generate computing power to be used by others.”

More at: Supercomputer Organized by Network Mining (SONM) announces ICO – Blockchain News

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