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Topic: [PRE-ANN] SONM - Supercomputer Organized by Network Mining (GRIB technology) - page 27. (Read 52584 times)

hero member
Activity: 868
Merit: 501


whether the project Coin later it can be mining?

Mining will be available. That is the general-purpose computing. So, basically any device can be used.
I'll wait for it. because I see there is a potential that may be good for this project
member
Activity: 248
Merit: 12
Voronkov Ventures accelerator of pre-seed projects
Bounty for translation: 500 DIL = 5 ETH = 0.05BTC (approx.) for 1 translation?

So the translation of your current OP will be paid 0.05BTC or the new topic will be translated?

Sorry, can you please comment what is OP? You mean this thread or what?
This is pre-announcement. There will be announcement also (maybe by editing this one with all the details).
We are editing white paper now.
 There will be pre-ICO, which opens soon, next week maybe. So pre-ICO will have some multiplier against ICO. For pre-ICO maximum funds raised is 200 BTC.


Reserved translations now:
Portugese, Polish, Italian, Indonesian, Chinese, Filipino, French


 
sr. member
Activity: 243
Merit: 250
Wow,look interesting,focus..
sr. member
Activity: 403
Merit: 250
Bounty for translation: 500 DIL = 5 ETH = 0.05BTC (approx.) for 1 translation?

So the translation of your current OP will be paid 0.05BTC or the new topic will be translated?
newbie
Activity: 70
Merit: 0
Have sent you a PM Digitalcoins Smiley

Just quickly read through the thread will go back over it to improve my understanding.

By the way for those quoting the virtual office address it's also used by STRATIS and from my understanding is a common virtual office address.

understanding will be come by go through with work.
hero member
Activity: 1008
Merit: 520
Undeads.com - P2E Runner Gamem
how much total suply coin dev
and when open ico selling, and how much price in ico selling
you need indonesian translation or not, and still open spot or not, is still open spot PM me if iam qualified, i want translation to indonesian language
hero member
Activity: 700
Merit: 500
白皮书没有中文翻译
hero member
Activity: 722
Merit: 500
Have sent you a PM Digitalcoins Smiley

Just quickly read through the thread will go back over it to improve my understanding.

By the way for those quoting the virtual office address it's also used by STRATIS and from my understanding is a common virtual office address.
member
Activity: 248
Merit: 12
Voronkov Ventures accelerator of pre-seed projects

Currently maximum number of tokens is planned to be 222 000 000 with 160 000 000distributed by crowdfunding.
1% of all tokens will go for bounties.
Approximate expected price for white paper translations is expected to be 0.05 btc (in our tokens equivalent, 5ETH or 500 our tokens).

Recent ICO collect very little, you overestimated their project. Why is the price fixed? Can distribution according to investment is better?

Can you comment a bit please what do you mean? Currently 1 ETH = 100 DIL, so 100 DIL are generated for each 1 ETH.
This means that if 30 000 ETH are raised, then 3 000 000 DIL is generated, while if maximum 1 600 000 ETH is donated, then 160 000 000 DIL is generated. So the number of tokens corresponds to investments. Or you mean additional bonus for bigger investments?


Number of tokens corresponding to investments is ok, but then it is unclear how this is going to be handled (see the part marked red above). Not all tokens are to be distributed by crowdfunding, and its unclear how big will be the total tokens number then.


No reply? Ok, I will ask once again in another form.

If lets say 50 000 ETH is raised, and so only 5 000 000 DIL is distributed, will the total number of DIL be 222 000 000 ?

If yes, then whom those 217M (222M - 5M) will belong to?
If not, then what will be the total number of tokens then?


No. Number of tokens is proportional to funds raised. Ecosystem fund and  founders is around 30%. So these are in % in white paper. Here I have described the maximum numbers.
Minimum raised (for basic purchase/sale of computing power) is 200 BTC (20 000 ETH), maximum - 1 600 000 ETH. But tokens are generated for the investments donated. So investors will own minimum 70% of tokens anyway (the rest is for miners and founders). If we raise less than 20 000 ETH, then they are returned back.


Is there campaign manager still available? I would to promotion myself to do it. I'm not a manager campaign before, but i have join some campaign and I was learned how to managing a god campaign. I hope you will approve my submission.

best regards and cheers.  Wink

You can be campaign manager for some local community on top of english one (with SONM avatar of course - coming soon).
member
Activity: 248
Merit: 12
Voronkov Ventures accelerator of pre-seed projects

Currently maximum number of tokens is planned to be 222 000 000 with 160 000 000distributed by crowdfunding.
1% of all tokens will go for bounties.
Approximate expected price for white paper translations is expected to be 0.05 btc (in our tokens equivalent, 5ETH or 500 our tokens).

Recent ICO collect very little, you overestimated their project. Why is the price fixed? Can distribution according to investment is better?

Can you comment a bit please what do you mean? Currently 1 ETH = 100 DIL, so 100 DIL are generated for each 1 ETH.
This means that if 30 000 ETH are raised, then 3 000 000 DIL is generated, while if maximum 1 600 000 ETH is donated, then 160 000 000 DIL is generated. So the number of tokens corresponds to investments. Or you mean additional bonus for bigger investments?


Number of tokens corresponding to investments is ok, but then it is unclear how this is going to be handled (see the part marked red above). Not all tokens are to be distributed by crowdfunding, and its unclear how big will be the total tokens number then.



Sorry, maybe it was not clear. That is the maximum number. Total number is proportional to investments made. Tokens are generated in response to investments.
Maximum number is 222 000 000 DIL, minimum number is 2 000 000 DIL.
Crowdfunding - 70%, Ecosystem (Miners) + Founders = 30%

hero member
Activity: 762
Merit: 500
Is there campaign manager still available? I would to promotion myself to do it. I'm not a manager campaign before, but i have join some campaign and I was learned how to managing a god campaign. I hope you will approve my submission.

best regards and cheers.  Wink

lol, you want to be a Campaign Manager while wearing the Qtum avatar and signature?  That's like going to an interview with McDonalds and you're wearing the Burger King crown.  haha
Haha, that's a funny analogy  Grin
legendary
Activity: 1932
Merit: 1003
Is there campaign manager still available? I would to promotion myself to do it. I'm not a manager campaign before, but i have join some campaign and I was learned how to managing a god campaign. I hope you will approve my submission.

best regards and cheers.  Wink

lol, you want to be a Campaign Manager while wearing the Qtum avatar and signature?  That's like going to an interview with McDonalds and you're wearing the Burger King crown.  haha
hero member
Activity: 2198
Merit: 607
Leading Crypto Sports Betting & Casino Platform
Is there campaign manager still available? I would to promotion myself to do it. I'm not a manager campaign before, but i have join some campaign and I was learned how to managing a god campaign. I hope you will approve my submission.

best regards and cheers.  Wink
sr. member
Activity: 646
Merit: 252
PNNV.COM Live bitcoin price monitor

Currently maximum number of tokens is planned to be 222 000 000 with 160 000 000distributed by crowdfunding.
1% of all tokens will go for bounties.
Approximate expected price for white paper translations is expected to be 0.05 btc (in our tokens equivalent, 5ETH or 500 our tokens).

Recent ICO collect very little, you overestimated their project. Why is the price fixed? Can distribution according to investment is better?

Can you comment a bit please what do you mean? Currently 1 ETH = 100 DIL, so 100 DIL are generated for each 1 ETH.
This means that if 30 000 ETH are raised, then 3 000 000 DIL is generated, while if maximum 1 600 000 ETH is donated, then 160 000 000 DIL is generated. So the number of tokens corresponds to investments. Or you mean additional bonus for bigger investments?


Number of tokens corresponding to investments is ok, but then it is unclear how this is going to be handled (see the part marked red above). Not all tokens are to be distributed by crowdfunding, and its unclear how big will be the total tokens number then.


No reply? Ok, I will ask once again in more another form.

If lets say 50 000 ETH is raised, and so only 5 000 000 DIL is distributed, will the total number of DIL be 222 000 000 ?

If yes, then whom those 217M (222M - 5M) will belong to?
If not, then what will be the total number of tokens then?


I think it is best if there will be a fixed number of DILs before crowdfunding starts. And as what I observed in other successful projects it is best if those coins will be distributed according to investments. Which means that if you want to to distribute the 160 million DILs thru crowfunding it will be automatically divided by the total funds collected. No more fixed price like the 1 eth = 100 DILs

Another scenario is go on with your fixed price 1 eth = 100 DILs but if you collected investments only worth 100 million DILs you need to burn undistributed 60 million. Because developers will have to keep 62 million DILs only.
legendary
Activity: 2576
Merit: 1073

Currently maximum number of tokens is planned to be 222 000 000 with 160 000 000distributed by crowdfunding.
1% of all tokens will go for bounties.
Approximate expected price for white paper translations is expected to be 0.05 btc (in our tokens equivalent, 5ETH or 500 our tokens).

Recent ICO collect very little, you overestimated their project. Why is the price fixed? Can distribution according to investment is better?

Can you comment a bit please what do you mean? Currently 1 ETH = 100 DIL, so 100 DIL are generated for each 1 ETH.
This means that if 30 000 ETH are raised, then 3 000 000 DIL is generated, while if maximum 1 600 000 ETH is donated, then 160 000 000 DIL is generated. So the number of tokens corresponds to investments. Or you mean additional bonus for bigger investments?


Number of tokens corresponding to investments is ok, but then it is unclear how this is going to be handled (see the part marked red above). Not all tokens are to be distributed by crowdfunding, and its unclear how big will be the total tokens number then.


No reply? Ok, I will ask once again in another form.

If lets say 50 000 ETH is raised, and so only 5 000 000 DIL is distributed, will the total number of DIL be 222 000 000 ?

If yes, then whom those 217M (222M - 5M) will belong to?
If not, then what will be the total number of tokens then?
full member
Activity: 154
Merit: 100
Is not a liar, I do not know?
full member
Activity: 154
Merit: 100
sr. member
Activity: 646
Merit: 252
PNNV.COM Live bitcoin price monitor
This seems like an interesting project. I'll be watching.
member
Activity: 248
Merit: 12
Voronkov Ventures accelerator of pre-seed projects
Be careful guys.  I checked out digitalcoins website http://www.drugdiscoveryathome.com/ and the address listed on it is:

20-22,Wenlock Road London N1 7GU

When you google this address, it comes up with a bunch of different businesses and also the following article:

https://www.gov.uk/government/news/high-court-orders-six-more-bogus-multi-million-pound-companies-into-liquidation

Unless the dev can explain himself, I'd avoid this project like the plague.  



Thanks for the finding, I consider this is a scam project, your proof is awesome, please make a scam accusation soon. Hope no more people will be scammed.

Damnit! Been into Gridcoin, and BOINC so been watching this. Is it confirmed that they are involved into these frauds, or merely lodging in the same building?
The world does not exactly need another decentralised supercomputer, since there are some. Ethereum has been dubbed as beeing one, now most people recognized it isn't. It's more like ... kitchen cuttlery. Not a spoon not a knife Cheesy
"GRIB" will have a hard stand anyways.

We are not even in the same building - that s a mass registration address from London Presence company (btw, probably we ll change it soon for a cheaper one, or for the non-virtual address of some of our colleagues).
Are you specialist in Solidity and JavaScript? Ethereum (and as I understand Lisk) are among the most interesting projects in blockchain during the last years and have a goal to make mining somewhat useful. Blockchain and bitcoin are not understood by many people. In minds of many people they have bad reputation overall.
I can say the next thing. By traditional society blockchain and bitcoin are perceived as something very new and unique, while in crypto world they are like dinosaurs, so many interesting technologies  are made in blockchain now, every month, more and more (we now even have coins like Pascal, which can work without growing blockchain at all), which are not yet understood or not known yet. Not everyone, who understands bitcoin has positive opinion about smart-contracts and Ethereum. Not everyone, who understands Ethereum understands Golem and our project. So, when we communicate to community we feel a bit like bitcoin users and bitcoin adopters feel themselves, while talking with the rest of the society. We know that it worth it, we know that it s valuable, but we need to explain this to others.
Ethereum and Lisk give an opportunity to make virtual organizations and do a lot of useful things using blockchain. As far as they are Turing complete, all things can happen, like what was with slock it. It just depends on how professional are people writing the smart-contract and how accurate is community. Btw, for our smart-contract we have 3 people validating each other and also github repository for the  validation by community.
So, while being one of the most advanced blockchain projects, Ethereum, Lisk and other blockchains enabling smart-contracts, raise blockchain field to the new level. Projects like Golem, iex.ec, Elastic project, IOTA  and ours bring all blockchain to a completely new level, when it finally can be recognized as something useful by the general society - for example can be used for scientific computing. I see that all similar projects in this field - Golem, iex.ec, Elastic Project, IOTA and SONM use different technologies. SONM is  the only project, combining BOINC and Ethereum.
Such diversity is awesome, so it means that there are higher chances that at least some of these projects will work and will be efficient. In any startups field there is a funnel of the projects. Some projects die, some projects fly. It s just up to investors, where they want to be. It s bad to happen to be with losers, but that is the desire to be with winners, which drives the progress!
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
Be careful guys.  I checked out digitalcoins website http://www.drugdiscoveryathome.com/ and the address listed on it is:

20-22,Wenlock Road London N1 7GU

When you google this address, it comes up with a bunch of different businesses and also the following article:

https://www.gov.uk/government/news/high-court-orders-six-more-bogus-multi-million-pound-companies-into-liquidation

Unless the dev can explain himself, I'd avoid this project like the plague. 



Thanks for the finding, I consider this is a scam project, your proof is awesome, please make a scam accusation soon. Hope no more people will be scammed.

Damnit! Been into Gridcoin, and BOINC so been watching this. Is it confirmed that they are involved into these frauds, or merely lodging in the same building?
The world does not exactly need another decentralised supercomputer, since there are some. Ethereum has been dubbed as beeing one, now most people recognized it isn't. It's more like ... kitchen cuttlery. Not a spoon not a knife Cheesy
"GRIB" will have a hard stand anyways.
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