SONM is a global operating system that is also a decentralized worldwide fog supercomputer. With SONM, users have access to general-purpose computing services of a cloud-like nature, including IaaS and PaaS, all of which have fog computing as the backend. Hosts around the world can contribute computing power as part of the SONM marketplace. The leaders of SONM are co-founder Sergey Ponomarev and CTO Igor Lebedev. SONM uses the agile development framework with a self-organizing cross-functional team. The Product Management Board defines the market needs to confirm that products meet business requirements. These include Node (Core), Smart Contracts, Wallet (Client), and Distributed Entity and Integration. Each of these teams has multiple developers, including a lead. Other teams include the Product & Analytics and QA teams.SONM always makes customer satisfaction its top priority. SONM studies the rental resource market to figure out exactly what customers need, delivering the advantages like scalability already mentioned. Additionally, customers will benefit from the Infrastructure-as-a-Service platform that supports all types of hardware resources, making it possible to find the exact resource you need. With SONM, consumers can instantly release and grow resources within the computing fog. In addition, security is always maintained regarding the supplier’s reputation. For added security, SONM is working toward hardware-enforced security, as well. Finally, consumers benefit from high market liquidity in purchasing resources and the ability to scale out their application. SONM’s ICO was held on June 15, 2017 and successfully raised $42,000,000. Paolo Tasca, a digital economist and blockchain expert, joined the SONM Advisory Board. Tasca is the Executive Director of the Centre for Blockchain Technologies at University College London, as well as a blockchain consultant to the United Nations and EU Parliament, and the co-editor of “Banking Beyond Banks and Money: A Guide to Banking Services in the Twenty-First Century.”'
APIS can be thought of as a masternode mediation platform that enables a wide array of crypto enthusiasts to gain access to a two-tier incentivized network, also known as the Masternode Network. As readers may know, the term “masternodes” refers to the nodes contained in a crypto network that fulfill a specific function beyond simply relaying transactions. The most striking feature of a masternode is its ability to help investors to acquire stable profits by virtue of simply locking up their holdings in the masternode for a fixed amount of time. While this may sound like a lucrative proposition, it should be clearly understood that hosting a masternode is out of reach for the average investor since it requires a substantial amount of financial capital and technical prowess. APIS, also sometimes referred to as APIS Core, has been designed atop the Ethereum public blockchain and serves as a masternode mediation platform that aims to help individual and corporate investors utilize their assets with desired masternodes easily and effectively. The platform can be accessed via a host of digital mediums including PCs, laptops, and smartphones, allowing users to maximize their overall profits while on the move.