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SNM Coin Boosts 6000%

Crypto Beat
3 min readNov 20, 2022

SONM is a decentralized network of computers that can be used for a variety of purposes, from hosting websites and apps to powering AI and scientific research. The network is powered by the SNM token, which can be used to purchase computing power from providers on the network.

The SONM project is still in its early stages, but the team behind it has big plans for the future. In the coming years, they hope to make the SONM network the go-to platform for all sorts of distributed computing needs. If they’re successful, the SNM token could become one of the most important cryptocurrencies in the world.

What is the SNM coin?

SONM (SNM) is a powerful and distributed global system that can be used for general-purpose computing. It is executed as a fog computing structure. SONM claims to be a more feasible and cost-effective alternative to cloud services and solutions. The platform aims to deliver computing power in numerous generalized cases and provide a computing forum for real-world applications.

The SONM blockchain is designed to be faster than other blockchains, with a block being generated every 2–3 seconds. Moreover, there are no costs for gas, which incentivizes micropayments and other small resource allocation contracts. The SONM blockchain is built on Ethereum technologies and aims to be a different Ethereum…

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Crypto Beat
Crypto Beat

Written by Crypto Beat

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