Social news platforms have gained popularity over the past decade. Homepage Yahoo still follow their old formula to display news content. Not just Yahoo, this tradition originated from AOL and MSN. We were educated by such news content. The creator and curator are working very hard to bring stores from around the world. Are they compensated fairly? Unfortunately, they are not. They lose most of their income into mediated mediation. You want to get a fair reward for whatever work you do. Do not we as communities think, newsmakers should be compensated enough for their hard work.
This network is supported by its utility token, SPN. This is the backbone for a tokenized economy. Every transaction in this space occurs via a token. Sapien rewards users with tokens for creating high-quality content. Users can equip their colleagues with a SPN token. Some users can raise funds with an SPN token. Tokens can be used to purchase goods from a built-in decentralized marketplace. The market has thousands of physical and virtual goods.
How does it work?
Content evaluation is done with a global reputation system. User content is evaluated by other users. Communities help differentiate valuable content. Their comments and likes to increase the reputation score of the content and creator. This score tells about a user's expertise in a particular domain.
Why social media today is not great?
Sell private data: Social media currently sells user data. From your interest in lifestyle information, everything is shared with cash. Most of this happens without your consent.
False News: There is no way to say it, if any news on social media is fake or not. Anyone can post any content on this platform. Worse, they can post content anonymously.
Lack of appreciation: This platform does not provide incentives to users who create value. Even if they want to, they do not have an effective system to do that.
ICO Details:
SPN is a flexible token of ERC20, which will be the gas in the Sapien network. The presale token expires on January 31, 2018. You can participate by contributing with ETH or BTC. With Shapeshift, you can also use an alternative currency. Phase 1 of the main sales occurred on March 3 to 3 April. The hard part for this phase is $ 30 million. On the 1st day, you enjoy a 30% bonus. The first week of Phase 1 comes with a 10% bonus. Soft cap for this phase set 50 million tokens SPN. Participate early to overcome the declining bonus rate.
The SPN exchange rate is:
1 ETH = 7200 SPN (300 ETH max individual contribution)
Also by taking part in the presale from 31 January to 15 February, a 20% token bonus will be awarded.
Here you can see how the tokens will be allocated and how the funds will be used:
If you look around the Sapien road map clearly, you'll see that they are on a really good track so far. Over the last few years beginning in 2015, Sapien has really developed and evolved into the project now to be presented to everyone. The goal for 2018, but also for the years ahead is well defined and on the current circumstances can really be achieved.
Below you can find a brief overview of the core team of sapiens. Each team member is highly educated in his field of work and is also very knowledgeable in blockchain. By going to the official website (link below), you can also see their linkedin profile to verify the information.
If you are interested in the Sapiens project, please see also the official website below:
Website: https://www.sapien.network/
Whitepaper: https://www.sapien.network/assets/SPNv1_1.pdf
Facebook: https://www.facebook.com/sapien.network/
Twitter: https: / / twitter.com/sapien_network
Telegram-Chat: https://t.me/SapienNetwork
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2739033
Author: Koeskoesnadi
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1702011
ETH Address: 0x111cf590EFeBD57d2144639aB1331Eb5e20712C4
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