Sapien Network – A Highly Customizable And Democratic Social News Platform
Sapien Network – There are two ways in the market, We have buyers and sellers. Users will be able to use the SPN token to buy and sell physical and virtual goods, services, and premium content in the Sapien market. The reputation score will be integrated into the market to allow users to be confident that the suppliers they buy are reliable.
Sapien Network is a social news platform that recognizes and removes sub-standard content and allows users to be assured of the justification of the information they have just read.
In our day, social life on the Internet is not just the exchange of personal information, but also news, business, and other information. Most of these notes do not only inspire confidence but also completely prevent reading of faith that is worth reading on the Internet.
Most social networks try to count and remove these poor quality content in some way, but in only 20% of cases, and 80% stay in news feeds from millions of users, and are not subject to any Regulations.
Sapien.network – This is the first social network biased towards news content, which will identify fake information, delete it, and premium content – to push it.
Sapien is a highly customizable and democratic social news platform that rewards millions of creators and curators without the need for a centralized agency. Sapien is supported by SPN cryptocurrency that complies with the ERC20 standard. The Sapien Network will quickly evolve to include markets, integration, and third-party applications.
Sapien.network plans to bring users on its platforms, they are very appreciative of useful, reliable, and hopeful information not only to receive it but also to create their own content, while obtaining material benefits in the form of an NES token.
Each registered user will automatically receive a personal wallet based on the Sapien EPC20 token (SPN), which can be used at any time to withdraw tokens or pay for real items while purchasing various lists from the platform.
For me, choose a useful feature of the information you’re interested in. On social networks, Sapien, you can tap into content you do not want to read, leaving only the content you want to see in your news feed.
There are some users who will form the vibrant ecosystem of Sapien:
- Creator: sends original digital content (posts, comments, videos, memes, podcasts, etc.) for the Sapien user platform. Their quality contributions can be compensated by the NES tokens, thus increasing their reputation on the platform.
- Curator: This is a trusted guide for various branches of Sapien. Receivers find and share high-quality content on their branches and networks. For this user, we designed the gift of the SPN token vote in recognition of their efforts.
- Freelancer: Individual who wants to serve Sapien users in exchange for NES tokens. The task will be completed in the market with zero transaction costs.
- Developers: Decentralized app developers who want to contribute to a platform or ecosystem. As the platform evolves, our team will open a development platform that will allow engineers to build applications, integration, and third-party functions for Sapien.
- Media companies: Media publications can be established in collaboration with Sapien Independent Publishing, personal price content, create a sustainable business model and build credibility with our users.
This function is useful not only for ordinary users but also for advertisers. You do not need to create portraits for potential customers based on the features provided by standard social networks. Simply select the categories and interests of users, and the platform will automatically show your ads to the target audience.
The good news for Sapien users is that the platform is developed based on blockbusters, that is, the block system provides the fastest and safest type of electronic transactions, and it is important to enable the use of any kind of cryptocurrency and data transfer in any form.
The absolute transparency of processes in the system eliminates party risks to agreements and access to false data and funds is impossible.
SPN Token Sale – Token Allocation:
• 20% reserved for team and advisors (100M) » 6-month cliff with a 24-month vesting schedule
• 45% sold during Pre-sale and Token Sale Phase #1 (225M)
• Up to 5% distributed as Bounties (25M)
• 30% of Sapien reserve for future Token Sales and Airdrops (150M)
- SPN Distribution: Smart Contract will distribute tokens after Token Sale Phase #1 is complete.
- Token Sale completion: 250,000,000 SPN tokens are distributed or April 3rd, 2018, whichever comes first.
- Unsold SPN: SPNs not sold in the Token Sale will be transferred to the Sapien reserve.
Tokens will exist in staked and unstaked forms. Staked tokens will provide users with platform functionality. Unstaked tokens will be listed on exchanges.
The token will keep track of a reputation within each community the user is part of, accumulating a score that reflects their expertise and reduces the spread of fake news.
Power a Democratized Autonomous Platform (DAP), enabling users to participate in organizational decisions and shape product roadmap with a proposal system.
Allow holders to purchase physical and virtual goods, content, and services in a decentralized marketplace.
Reward digital content creators who generate quantifiable value, determined by the consensus of the community. 6. Share ad revenue with users who opt-in to see advertisements. By staking more tokens, users can earn a larger portion of the revenue they generate for Sapien.
• 45% is Public contributors
• 30% of Platform is reserved
• 20% of Team
• 5% are Bounties
- Dates: March 20 – April
- Total Hard Cap: 30,000ETH
- Currencies Accepted
- ETH: Natively support
- Token Exchange Base Rate: 1 ETH = 6000 SPN
• 2015 – Idea behind Sapien is conceived and development begins
• Q1 – Private beta launched with integrated chat and voice channels 2017
• Q2 – Transition from an end-to-end encrypted platform to Blockchain application 2017
• Q3 – Completed SPN white paper and begun Ethereum smart contract development 2017
• Q4 – Launch testnet faucet and showcase token in sapien.
• 2018 Q1 – Token Sale Phase #1 and implement payouts for creators and curators 2018
• Q2 – Increase brand awareness and begin porting Sapien platform to a DApp 2018
• Q3 – Incentivize network effects and revamp UI/UX for crypto novices 2018
• Q4 – Ramp up marketing efforts; acquire 10k new users per month
• 2019 Q1 – Build infrastructure for Democratized Autonomous Platform 2019
• Q2 – Roll out the marketplace, premium content and features 2019
• Q3 – Open developer platform to third-party applications and integrations 2019
• Q4 – Optimize platform to scale and add 1M new users per month
• 2020 Q2 – Tokenize user data and extend token use to other websites 2020
• Q4 – Add 10 million new users per month
Social networks are an integral part of every modern person’s life, but not all of them can fully satisfy the user’s needs. Sapien network solves a lot of problems that are present in popular social networks, and blocking allows users to be completely confident in the security of data stored in the profile. In the near future, social networks with their cryptocurrency, created on the basis of the blockbuster, will be the main type of communication in society and Sapien will be the first right social network.
To know the latest information about Sapien Network project you can visit the link below:
Whitepaper Link: https://www.sapien.network/assets/SPNv1_0.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=2739033
Official Facebook: https://www.facebook.com/sapien.network
Official Twitter Page: https://twitter.com/sapien_network
Creator : ubay
ETH : 0xf684c669653b6cd2b606ecdfc69b69dff7935b2c