StrongNode Edge PriceSNEInactive

What is StrongNode Edge (SNE)?

StrongNode Edge (SNE) is an Infrastructure-as-a-Service (IaaS) and Edge-as-a-Service (EaaS) software venture and innovation lab built on the Polygon blockchain. The project is designed to power companies globally through next-generation edge networking by uniquely harvesting a trifecta of idle compute resources: CPU/GPU cycles, network bandwidth, and data storage. By combining these harvested resources with blockchain technology, StrongNode Edge delivers an on-demand, secure, and scalable node technology intended to fundamentally reshape how increasingly valuable compute resources are accessed and monetised.

The SNE token is the native utility token of the ecosystem, with a maximum supply of 10 billion tokens. The project launched in 2021 and completed its ICO in October 2021, raising approximately $290,000. StrongNode Edge positions itself as a modern take on edge computing, changing the traditional data centre and cloud computing paradigm to help create an efficient and secure on-demand network.

Key Specifications & Tokenomics

• Name: StrongNode Edge
• Ticker / Symbol: SNE
• Blockchain / Platform: Polygon
• Category: DeFi, BullPerks Launchpad, DEX
• Industries: Platform
• Launch Date: 2021
• Total Supply: 10,000,000,000 SNE
• Max Supply: 10,000,000,000 SNE
• Token Sale Allocation: 200,000,000 tokens at $0.0015 USD per token
• CertiK Rating: 3.5
• Explorer: polygonscan.com
• Website: www.strongnode.io
• Whitepaper: StrongNode Whitepaper v1.4 (dated Dec 31, 2021)

Who created StrongNode Edge?

StrongNode Edge was founded in 2019 by Daniel Saito, who serves as Chief Executive Officer and Co-founder. Daniel Saito leads the StrongNode team with more than 20 years of diverse experience working with global companies. His former role was Managing Director for MySQL K.K., where he played a pivotal role in the growth of MySQL's open-source database solution and its $1B exit to Sun Microsystems in 2008. He is known for previous achievements at News Corp, SEGA, NTT DoCoMo R&D, and MariaDB. Later, consulting through his boutique technology firm RedRobot K.K., he advised on numerous blockchain projects such as Bluzelle, WAX, and OpenST. Daniel Saito is based in Japan and orchestrated the fair launch of the IDO for everyone.

Colin Charles serves as Chief Technology Officer. He was an early employee of the project. Detailed public information about the broader core team is currently limited.

How does StrongNode Edge work?

StrongNode Edge operates as an Infrastructure-as-a-Service protocol that combines edge computing and blockchain technology on the Polygon platform. The core mechanism involves harvesting idle compute resources across three categories: CPU/GPU cycles, network bandwidth, and data storage. These resources are contributed by Node Seeder Users who provide their idle resources to the network.

The protocol focuses on solving data processing challenges by moving data down to edge nodes, with distributed computing such that large-scale data is handled at the edge rather than in centralised data centres. This approach creates an on-demand, secure, and scalable node technology. Node Enterprise Users pay for services via traditional methods, via the SNE token, or a combination of both. If traditional fiat methods are chosen via credit card or accounts receivable, whatever SNE token is needed to pay the Node Seeders will be bought back and distributed to Node Seeders, with the rest of the income going to the treasury. A separate contract handles NFT interactions, especially for StrongNode ID, and the DAO controls the direction of some treasury strategies and where the philanthropic fund distributes contributions.

What makes StrongNode Edge unique and valuable?

StrongNode Edge distinguishes itself through its trifecta approach to resource harvesting, uniquely combining CPU/GPU cycles, network bandwidth, and data storage into a single edge networking solution. This positions the project at the intersection of edge computing and blockchain infrastructure, addressing the growing demand for distributed compute resources.

The project's IaaS technology has applications in hypergrowth industries such as AI, Machine Learning, Gaming, Telecommunications, and the Medical Industry. By moving data processing down to edge nodes, StrongNode Edge aims to accelerate the adoption of edge computing and blockchain infrastructure by providing suitable solutions worldwide. The project is described as pioneering a new paradigm in digital connectivity, delivering an efficient and secure on-demand network. Its design ensures that blockchain technology can elevate traditional investment vehicles without undermining security or compliance.

What is StrongNode Edge used for?

The SNE token serves multiple utility functions within the StrongNode Edge ecosystem. Node Enterprise Users can pay for services using the SNE token, with incentives designed to encourage token usage over traditional fiat methods. Companies can stake the token to offset their costs of using resources and guarantee uptime, with longer holding periods yielding multiplier discounts.

Node Seeder Users receive SNE tokens for providing their idle resources, including CPU/GPU, bandwidth, and storage. Staked SNE provides access to token sales from StrongNode Innovation Lab projects and can earn other Innovation Lab and partner project tokens. Governance is conducted through the staked token, with the DAO controlling the direction of treasury strategies and philanthropic fund distributions. Additionally, farming options allow users to single stake for 1, 3, 6, or 12-month periods, with a yield aggregator that maximises returns on partner farms and adds multipliers for longer holding periods.

How Is the StrongNode Edge ecosystem developing?

The StrongNode Edge ecosystem has been developing since the project was founded in 2019. Key milestones include the announcement in August 2021 that StrongNode.io powers node technology for edge networking, the launch of the SNE token sale in October 2021 on Starter.xyz and BullPerks.com, and the successful completion of the ICO in October 2021, raising approximately $290,000. The StrongNode Whitepaper v1.4 was published on December 31, 2021.

In January 2022, the project published "StrongNode Edge Developer Diaries Issue #05," featuring CEO and Co-founder Daniel Saito as a guest in an AMA. The project maintains a Medium blog at medium.com/strongnode and has a community section and Holders section on CoinMarketCap. The ecosystem includes plans for a DAO to control treasury strategies and philanthropic fund distributions, as well as a separate contract for NFT interactions, particularly for StrongNode ID. The StrongNode Innovation Lab supports project development and token sale access for stakers.

How to mine StrongNode Edge?

StrongNode Edge does not use traditional proof-of-work mining. Instead, the project operates on a resource-harvesting model where participants known as Node Seeder Users contribute their idle compute resources to the network in exchange for SNE tokens. The three categories of resources that can be contributed are CPU/GPU cycles, network bandwidth, and data storage.

Participants can also engage with the network through staking and farming mechanisms. Users can single stake SNE tokens for 1, 3, 6, or 12-month options. A yield aggregator is being built to maximise returns on partner farms, with longer holding periods adding multipliers to returns. Companies can stake the token to offset their costs of using resources and guarantee uptime, with longer holding periods yielding multiplier discounts. Governance participation is also conducted through staked tokens.

How to keep your StrongNode Edge Coin safe?

Keeping SNE tokens safe requires following standard cryptocurrency security practices. Since SNE operates on the Polygon blockchain, users should store their tokens in a compatible wallet that supports Polygon-based assets. Hardware wallets provide an additional layer of security by keeping private keys offline and away from potential online threats.

Users should always verify contract addresses before conducting transactions. The SNE contract address on Polygon begins with 0x3293 and ends with CF9A8c. When interacting with the StrongNode Edge protocol, users should ensure they are using official platforms and verify URLs carefully. For staking and farming activities, users should understand the lock-up periods and terms before committing tokens. Governance participation through staking requires careful consideration of the responsibilities involved. As with any cryptocurrency investment, users should never share their private keys or seed phrases with anyone and should be cautious of phishing attempts impersonating the project.