High profile leaders bring expertise to the world’sfirst decentralized fog supercomputing network
New York, New York, June8, 2017 – SONM, the universal fog supercomputer powered byblockchain technology, has today announced two of the industry’s most respectedexecutives, Lisk CEO Max Kordek and former Coinsetter and Cavirtex CEO JaronLukasiewicz, have joined its Board of Advisors. Kordek will advise the SONMteam on the Initial Coin Offering (ICO), marketing, public relations, andbusiness decisions, while Lukasiewicz will provide counsel on critical issuessuch as investor relations, business development, marketing, and regulatory compliance.SONM’s ICO will commence on June 15, 2017 and concludeon July 15, 2017.
SONM CEO Sergey Ponomarevsaid: “As President of the Lisk Foundation, proponents of the decentralizedblockchain application platform with a market cap of $233 million, Max’sexpertise in the space in unparalleled. Pioneering modern best practices forICOs, Max and the Lisk team raised 14,000 BTC at the advent of the token salerevolution. Max brings extraordinary knowledge that will help us advance SONM’sdecentralized supercomputing network and help crystalize SONM’s vision ofbecoming a secure and cost-effective way to run general purpose computingworkloads. With his experience leading prolific projects that embrace the samevalues of decentralization as SONM, Max is the perfect fit as a member of ouradvisory team.”
Max Kordek said: “I believeSONM is an incredibly exciting project for the crypto community and I’mdelighted to contribute. SONM’s strong core belief in decentralization and thepooling of shared resources aligns with Lisk’s mission to create adecentralized future and will positively shape future blockchain endeavors.”
SONM CEO Sergey Ponomarev said“SONM is incredibly proud to welcome Jaron Lukasiewicz, a highly-respectedblockchain industry figure, to our Board of Advisors. We look forward to theopportunity to leverage Jaron’s deep industry knowledge to advance the globalplatform that SONM is building.”
Jaron Lukasiewicz has been anotable bitcoin and blockchain industry figurehead since 2012. Lukasiewiczfounded and served as CEO of Coinsetter, a New York City-based bitcoinexchange, which was acquired by Kraken, the world’s largest digital assetexchange in Euro volume, in January 2016. The sale was, at the time, thelargest M&A deal in Bitcoin history. Lukasiewicz also served as CEO ofCavirtex (Canadian Virtual Exchange), the oldest and largest Canadian bitcoin exchange,which was also acquired by Kraken in 2016. Since the acquisition, Lukasiewiczhas served as Executive Vice President at Rhodes Corporation, responsible formanaging the corporate finance activities of a diverse group of businesses withassets exceeding $1 billion.
Jaron Lukasiewicz said: “I amexcited about the future of the SONM project, which I believe can revolutionizethe fog computing market. Backed by a superb core team of developers, advisors,and researchers, I see SONM stretching the boundaries of what blockchaintechnology can accomplish in the cloud computing market. My time spent as anactive advisor to SONM will support the project’s growth and accomplishment ofits global business development goals, particularly in the US market.”
Prior to founding Coinsetter,Lukasiewicz was an associate at The CapStreet Group, a Houston-based privateequity firm, and an investment banker at J.P. Morgan and Madison Williams intheir global investment banking groups. He began his career as an analyst atSPB Partners, a Las Vegas-based private equity firm. Lukasiewicz graduated fromRice University on the President’s Honor Roll with a B.A. in Economics.
SONM will launch its InitialCoin Offering (ICO) on June15, 2017 and issue tokens of the same name on the Ethereumblockchain. SONM tokens will be used by buyers of computing power to pay forthe calculations executed via the smart contracts-based SONM platform. Tokenswill be created exclusively during the crowdfunding period. No token creation, minting,or mining will be available after the crowdfunding period. The funding cap willbe confirmed according to the ETH/USD conversion rate before the ICO begins. Aprogressive bonus structure will exist for the first 80% of tokens sold in theICO.
Investors can participate inthe SONM ICO using BTC, ETH and other major cryptocurrencies. The SONM tokenbasic price is 1 ETH = 606 SNM. The amount of SONM tokens to issue for theother cryptocurrencies (except Ethereum) deposits will be calculated according tothe current exchange rate of this cryptocurrency in Ethereum.
For more information, the SONMwhitepaper and business overview are available at sonm.io.