SONM (BEP-20) Price

SONM (BEP-20) is centered around the concept of fog computing—a decentralized alternative to traditional cloud computing. Unlike conventional systems that depend on centralized servers managed by large corporations, SONM empowers users to rent out their idle computing power. This unique model not only optimizes resource utilization but also offers users an opportunity to monetize their surplus computational capabilities. By employing a decentralized network of various individual computing devices, SONM facilitates a diverse range of computing services, making technology accessible to a wider audience.

At its core, SONM seeks to achieve the following:

• Efficiency and Cost-Effectiveness: By allowing users to rent their idle hardware, SONM reduces the overall costs associated with computing power, presenting an economically viable option for both service providers and consumers.
• Decentralization: Utilizing blockchain technology ensures that the platform operates without a single point of failure, enhancing security and reliability.
• Environmental Sustainability: By maximizing the utilization of existing hardware, SONM promotes a greener solution to computing that contributes to reducing electronic waste.

The native token, $SNM, facilitates various transactions within the SONM ecosystem, including payments for computing power and rewards for hardware providers.