Sphere: A Decentralized Social Network that gives you absolute control
https://sphere.social
Social media is an undeniable force in today’s world making it one of the largest industry right now and one of it’s greatest revenue power is through target advertising. This is done through collecting users data in order to make a target adverts on what to sell and who to sell to. Ever wonder why you don’t get charged for using social networks online? This is because the information you give to them is worth billions of dollars as they can be sold to the highest bider for profit. There was a time I was using my phone to browse on a particular rare item online only for me to go online on one of our popular social media network and started seeing adverts about that particular item all over my page and i started asking myself that how did they know I was looking for where to purchase that item. This is because your privacy is being invaded and you don’t even get paid for it.
This is where Sphere Decentralized Social Network comes in. Sphere is built on the idea that privacy, company transparency, and data security should be the fundamental building blocks of every social platform.
What to expect from Sphere Decentralized Social Network
The purpose of Sphere is to become the largest and most trusted decentralized social network in the world. Sphere wants to give the power back to the people. With Sphere, You have a say and you also get compensated. Sphere will safeguard user privacy and avoid the misuse of community data. When there is a need for additional development, everything will first be presented to the community.
With Sphere’s decentralized social network, all of your personal browsing and search engine results are privately secured and stored away from the prying eyes of advertisers. And if they want a peek, they have to pay you!
Social Activity Token (SAT)
Sphere will also be launching its own token on the Ethereum Blockchain called Social Activity Token which can be used to facilitate transactions within the social network. The SAT tokens are crafted in such a way that the entire process is secure yet transparent. This process leads to a greater sense of trust within the system.
SAT ICO Details
SAT Crowdsale
Name of token: Social Activity Token
Symbol: SAT
Token Standard: ERC20 Standard
Decimals: 8
Role of Token: Utility Token. Use for purchase goods and services on social media platform
Total supply: 1,000,000,000 SAT
Available token for sale: 650,000,000 (65% of supply)
Emission: All unsold and unallocated tokens will be destroyed, and additional release of
tokens will not be possible
Period of Sale: 12 February 2018 UTC 21:00 to 9 April 2018 UTC 21:00
Cost of 1 SAT: $0.14
Softcap/Minimum Goal: $1.5 million – softcap goal reached
Hardcap/Maximum Goal: $40 million
Accepted currencies: Ethereum, Bitcoin, Litecoin, Dogecoin, Fiat.
Roadmap
For more information, follow Sphere on their various Channels
Website: https://sphere.social
White paper: https://sphere.social/wp-content/uploads/2017/12/Sphere_Whitepaper_v1.7.4.pdf
Twitter: https://twitter.com/SphereOfficial1
Facebook: https://www.facebook.com/SphereSocialNetwork
Youtube: https://www.youtube.com/channel/UCE4l_M-hUm8m77YwnEvgtcQ/videos
Instagram: https://www.instagram.com/sphereofficial1/
Steemit: https://steemit.com/@sphereofficial
Medium: https://medium.com/@sphereofficial
Reddit: https://www.reddit.com/r/spheresocial/
Telegram: https://t.me/sphere_official1
Pinterest: https://www.pinterest.com/sphereofficial/
Meet the amazing team behind this great project
I wonder how they will incentivise users to hop on and what their revenue model is like then. Need to check them out, but I'm very much comfy with steemit! Like a crypto, it needs adoption, adoption, and adoption!
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