SONM, a Russian company that has developed a universal fog supercomputer powered by blockchain technology, has today announced two of the industry’s most respected executives, Lisk CEO Max Kordek and former Coinsetter and Cavirtex CEO Jaron Lukasiewicz, have joined its Board of Advisors.

According to the official release, Kordek will advise the SONM team on its upcoming Initial Coin Offering (ICO), marketing, public relations, and business decisions, while Lukasiewicz will provide counsel on critical issues such as investor relations, business development, marketing, and regulatory compliance. SONM’s ICO will commence on June 15, 2017 and conclude on July 15, 2017.

“As President of the Lisk Foundation, proponents of the decentralized blockchain application platform with a market cap of $233 million, Max’s expertise in the space in unparalleled. Pioneering modern best practices for ICOs, Max and the Lisk team raised 14,000 BTC at the advent of the token sale revolution. Max brings extraordinary knowledge that will help us advance SONM’s decentralized supercomputing network and help crystalize SONM’s vision of becoming a secure and cost-effective way to run general purpose computing workloads. With his experience leading prolific projects that embrace the same values of decentralization as SONM, Max is the perfect fit as a member of our advisory team”, SONM CEO Sergey Ponomarev said.

Kordek co-founded Lisk in January 2016. It is a blockchain application platform that will enable users to build applications from the ground up in JavaScript. The platform will allow for the development, distribution, and monetization of sidechains onto the Lisk blockchain. In addition to his role as Lisk Foundation President, Kordek is also Director of Lightcurve GmbH, a blockchain strategy consultancy, development studio, and marketing agency.

“I believe SONM is an incredibly exciting project for the crypto community and I’m delighted to contribute. SONM’s strong core belief in decentralization and the pooling of shared resources aligns with Lisk’s mission to create a decentralized future and will positively shape future blockchain endeavors”, Max Kordek said.

Lukasiewicz has been a prominent bitcoin and blockchain industry leader since 2012. He founded and served as CEO of Coinsetter, a New York City-based bitcoin exchange, which was acquired by leading digital asset exchange Kraken in January 2016. The sale was, at the time, the largest M&A deal in Bitcoin history. Lukasiewicz also served as CEO of Cavirtex, the oldest and largest Canadian bitcoin exchange, which was also acquired by Kraken in 2016. Since the acquisition, Lukasiewicz has served as Executive Vice President at Rhodes Corporation, responsible for managing the corporate finance activities of a diverse group of businesses with assets exceeding $1 billion.

Prior to founding Coinsetter, Lukasiewicz was an associate at The CapStreet Group, a Houston-based private equity firm, and an investment banker at J.P. Morgan and Madison Williams in their global investment banking groups. He began his career as an analyst at SPB Partners, a Las Vegas-based private equity firm.

“I am excited about the future of the SONM project, which I believe can revolutionize the fog computing market. Backed by a superb core team of developers, advisors, and researchers, I see SONM stretching the boundaries of what blockchain technology can accomplish in the cloud computing market. My time spent as an active advisor to SONM will support the project’s growth and accomplishment of its global business development goals, particularly in the US market”, Lukasiewicz said.

“SONM is incredibly proud to welcome Jaron Lukasiewicz, a highly-respected blockchain industry figure, to our Board of Advisors. We look forward to the opportunity to leverage Jaron’s deep industry knowledge to advance the global platform that SONM is building”, Ponomarev added.

SONM will launch its Initial Coin Offering (ICO) on June 15, 2017 and issue tokens of the same name on the Ethereum blockchain. SONM tokens will be used by buyers of computing power to pay for the calculations executed via the smart contracts-based SONM platform. Tokens will be created exclusively during the crowdfunding period. No token creation, minting, or mining will be available after the crowdfunding period. The funding cap will be confirmed according to the ETH/USD conversion rate before the ICO begins. A progressive bonus structure will exist for the first 80% of tokens sold in the ICO.

Investors can participate in the SONM ICO using BTC, ETH and other major cryptocurrencies. The SONM token basic price is 1 ETH = 606 SNM. The amount of SONM tokens to issue for the other cryptocurrencies (except Ethereum) deposits will be calculated according to the current exchange rate of this cryptocurrency in Ethereum.

SONM was featured on “Consensus 2017” – the third yearly blockchain technology summit during the period between May 22nd-24th, 2017. The team introduced the public to SONM’s supercomputer network and how it can transform the world of distributed computing.