The Democratized,Tokenized and Reputable Platform
Sapien is a democratized, tokenized, reputation-based social news platform capable of rewarding millions of digital content creators without any centralized intermediaries. It is a decentralized social news platform that will reward users for viewing, creating, and curating content. This means that Sapien will provide users with a stream that includes posts and photos from friends and news and media that is verified to be of high quality. The Sapien ecosystems will rapidly evolve to exclude a market place, various integrations and third party applications. The core objectives of this platform are to establish a Proof of Value Consensus Protocol which promote quality contributions and reward users accordingly, launch the first Democratized Autonomous Platform, build a Robust Marketplace and Incentivize User Contributions and to power future applications on the Sapien Network. In Sapien platform, there are various users which make up the community. They are the creator, which are the group of people who submit original digital content (posts, comments, videos, memes, podcasts, etc.) to the Sapien platform. Their quality contributions are compensated with SPN tokens that increase their reputation on the platform. There are also the Curators, which are involved in discovering and sharing of high-quality content within their branch and network, the freelancers, which are the individuals who provide services to Sapien users in exchange for SPN tokens. Their tasks are completed on the marketplace with zero transaction fees, the Decentralized app developers who want to contribute to the platform or ecosystem. As the platform grows, the Sapien team will open up a developer platform that will allow engineers to build third-party applications, integrations, and features for Sapien, finally Media Companies, these group partner with Sapien to set up independent publishing, individual prices for content, create a sustainable business model and build reputation with the platform users. Users of the Sapien ecosystem will be able to purchase and sell physical and virtual goods, services and premium content on the Sapien marketplace using SPN tokens. Reputation scores will be integrated into the marketplace, enabling users to have confident that the vendor they are purchasing from is reliable. Sapien will only charge 1% transaction fee to buyers and sellers on the Sapien marketplace unless they have a certain threshold of staked SPN. In the Sapien platform, users can switch between public and private modes to experience Sapien with their real identity, users can subscribe to branches to stay up to date with the latest posts from their friends and people around the world, users can add friends, create groups, share posts, write comments, and expand their horizons, users can also join text and voice channels with the powerful chat interface, which provides a more dynamic and engaging user experience. Sapien platform is looking forward to give the power back to the community, especially the content creators and publishers. The million dollars social media corporations have exploited both parties extensively by taking all the profits and owning their content without fair compensation. This is unfair and unsustainable for publishers and content creators. With the elimination of third parties and transaction costs, user-to-user transactions on Sapien’s platform will directly reward original content creators and foster a higher quality community.
The Sapien platform has an utility token called SPN, which is an Ethereum based token with ERC-20 compatible. Sapien will be powered by the utility token, SPN, and built to provide a smooth user experience that will bring the benefits of the Blockchain to the masses. The SPN token will be used to reward users for their contributions. SPN token can be freely exchanged between users within Sapien or held in any ERC-20 compliant wallet. SPN can be used for social interactions like posts, comments, purchase physical or virtual goods on the Sapien market place and purchase premium contents. SPN will be awarded to quality content creators within Sapien and will track users’ reputations as their contributions are evaluated. The SPN pre token sale ended on the 15th of February, 2018. The main token sale will start on the 3rd of March, 2018 and will end on the 3rd of April, 2018. 1 SPN will be equivalent to 0.11 USD. The currency that will be accepted is ETH. There are bonus packages for any token purchase during this pre sale period. Hurry now and register. Some of the upcoming programs of the platform are porting of the Sapien platform to a DAPP and the incentivization of network effects in the 2nd and the 3rd quarter of 2018.
FOR MORE INFORMATION
https://www.sapien.network
https://twitter.com/sapien_network
https://www.facebook.com/sapien.network
https://t.me/SapienNetwork
https://bitcointalk.org/index.php?topic=2739033
https://www.sapien.network/assets/SPNv1_2.pdf
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