Spheroid Universe (SPH) ICO Details and Project Review
🔜 Spheroid Universe (SPH)
Spheroid Universe is an interesting concept with an original take on land ownership (Spaces), they envision a future where the world is not only split up into physical plots, controlled and taxed by the governments that rule the country but also another layer of land ownership (Spaces) in the virtual world. This secondary layer instead of being on the physical plane that we are all used to, their concept incorporates entirely new spaces, visible in augmented reality (AR) through their Spheroid Universe app.
If adopted and a critical mass of users is reached this opens up some exciting prospects for the owners of the plots. Rather than having to apply to governments for planning permission and having to abide by other rules and restrictions, owners of spaces would have full autonomy of their plot, allowing them to utilise it for advertising, selling products or even displaying a movie in a virtual movie theatre. Not to mention the ease of sale opportunities that are opened up, compared to the lengthy process of deed transfers etc currently associated with the selling of physical land.
As for the technology to make this possible, they have done a good job at creating their demo app which is available on the App Store and Google Play. Currently, the only downside is due to the accuracy of the sensors built into the devices themselves. The app uses the built-in GPS and GYRO sensor inside the phones to create the AR experience, and unfortunately, most devices on the market are not up to the task to display the AR locations as accurately as users might hope, this can sometimes cause a jumping or shifting of the AR models within the screen.
With the partnership to Hydrocarbon 8 LTD, a British oil & gas exploration and production company, Spheroid Universe and partners aim to introduce the evolution of oil industry information technology. Further innovative partnerships are expected to come.
🔶 Documents:
📑 Whitepaper — https://www.spheroiduniverse.io/pdf/WP_eng.pdf
🔶 Additional links:
🌐 Website — https://www.spheroiduniverse.io/
🍏 iOS App — https://itunes.apple.com/us/app/spheroid-universe-ar/id1317835740?l=ru&ls=1&mt=8
📱 Android App — https://play.google.com/store/apps/details?id=io.spheroid.spheroidandroid
✈️ Telegram — https://t.me/spheroiduniverseio
🕊 Twitter — https://twitter.com/Spheroid_io
📘 Facebook — https://facebook.com/spheroiduniverse
📸 Instagram — https://instagram.com/spheroiduniverse
📺 Youtube — https://www.youtube.com/channel/UCg0qMAA8g1uHr4pZbcZ_Jjw
📝 Medium — https://medium.com/@spheroiduniverse
🔗 LinkedIn — https://linkedin.com/company/spheroid-universe
🔶 ICO- Information/Dates:
Symbol: SPH
Token type: ETH (ERC20)
Total supply: 10,000,000,000 SPH
Rather than holding an ICO you can now buy plots of land within the AR world with their Ethereum based token (SPH).
🔶Our Score:
🌕🌕🌕🌕🌑 4/5
Spheroid Universe has an excellent concept from a creative team. If they can reach a critical mass of users, their augmented reality spaces could become very valuable, and owners could reap profits from multiple incomes. Augmented Reality (AR) is one of the hottest new trends with hundreds of millions of potential users; this alone could encourage a large number of users to the app, catapulting their progress to their intended goal. The only thing that lets their project down is the current limitations of the mobile phones that their platform relies on, this is only a temporary thing however because as technology progresses and with the introduction of smart glasses and the right marketing strategies, Spheroid Universe could become a widely used and popular platform indeed. Until that time their app, although not going to be able to exactly pinpoint an advertisement smack bang in the middle of Time Square or on the top of Eiffel Tower, it can do a good job at attracting users to the overall concept with some very clever AR experiences. Once technology catches up and mass adoption is achieved, spaces within the AR world could become precious assets to the owners who purchased them early on.
🔶 Promotional video:
Spheroid Universe Introduction Video: