this one is just too hard for me to bet.
I put about 6 into it...watched it turn to 2.
I have a super strong feeling the next bull rush (hopefully within 3 weeks if my gut feeling is correct) we're gonna see SONM return to ICo price at LEAST...but still, that's a huge IF considering the team is majority silent...
Can someone who fully grasps the white paper explain how these guys are actually planning to do what they say? Partially for me cause I don't care/have the time to go peruse their paper...but mostly for the other people who might consider buying this token.
If it is a scam or not is quite simple to deduce from their white paper...obviously it's not a guarantee they're not a scam, but if their roadmap seems ACTUALLY logical and obtainable, then what's with the scam talk?...people thought ETH was a scam at least like 5 times in it's history, partially because the team and Buterin in particular were often silent.
what I'm saying is someone needs to explain for this thread exactly why this team isn't scammy but rather just aspergery. In a succinct manner, explain why these guys are obviously going to do what their white paper says.
I suspected very early in their ICO that GNT people would end up spreading FUD, and while there's no way to tell if it's true or not, the amount of money that a team stands to make if they succeed first, is tremendous. And would definitely warrant some spy-action from the team that's already slightly developed...
Also, said it before in this thread, knowing the trends of cryptos, why would SONM scam for 40 mil and watch all the team's tokens crash...when they could ride a proper bull market, THEN sell their tokens at 20x value, before revealing the project has no substance.
Not saying it's NOT a scam, just saying it's far too early to even consider it (have to wait for bull market to return) and doesn't make any sense considering how far the team has already taken this, and the trends of every single token in a bull market.
I wouldn't call it a scam per se, it's that the team doesn't seem capable of doing what they propose. The whitepaper is full of bullshit bingo words (neural network mining, quantum mechanics, blabla) but as a computer scientist I can tell they have no idea what they are talking about (concerning distributed computing, AI and feasibility) and doubt they can catch up with more serious projects like iexec or golem.