Sphere is built on the idea that privacy, company transparency, and data security should be the fundamental building block of every social platform.
The future of networking / communication lies in the hands of Social platforms and its activities. Every click, every moment we are online billions of dollars are made from the data used. From those nearly billion active users, volumes upon volumes of data are generated, saved, and often sold to the highest bidder. Sphere was built to become the most trusted decentralized social network worldwide, thereby giving us a say and taking back the power of every click and every data used. Its network is based on breaking the greedy system and disrupt their $500+ billion dollar industry by joining the digital revolution today. Your online activity and your social media presence contribute to billion dollar industries. Don't you think you should be entitled to better privacy protection?Don't you think you should be entitled to a portion of the riches made off of your data?
We do! And we believe it's finally time to stand up to these companies and take back the internet!
Sphere aims to change and redefine how social media interacts within our lives which are built upon main principles of privacy and security as an undeniable right, giving each user unprecedented protection and security and allowing you to connect with everyone you know safely, and most importantly, securely.
Social media has gone from simply being a way of keeping in touch with friends, updating friends which are included in our daily life to being a major source of entertainment, news etc.
Sphere isn’t just a social media; it can be seen as the beginning of a digital revolution. Utilizing Sphere’s innovative method of allowing businesses to target consumers directly, both sides stand to gain. On the consumers’ side, we see an increase in privacy as their browsing habits are no longer sold to the highest bidder for the potential to earn profits for the very same browsing data. Companies benefit from truly knowing that their marketing campaigns are reaching their desired audience more effectively, cutting down on the cost of marketing.
Sphere has positioned itself ready to disrupt the old process by introducing a new way to ensure mutually beneficial marketing to all parties located throughout the entire consumer-buyer chain. In the process, Sphere will create a more transparent and open method for conducting business in today’s global market. Sphere’s innovative tech creates a scalable, anonymous, and secure social network engine utilizing large amounts of gathered data while still ensuring privacy.
Sphere was built on the idea that privacy, company transparency, and data security should be the fundamental building block of every social platform. So we believe that the millions those corporations are making off of your data doesn't belong to them, it belongs to you.We are creating a decentralized social network, separate from those corporations that allow exactly that. You have a say, you get compensated, and above all you take back the power with every connection and every interaction.With every click, with every social connection, and every loaded page you can earn serious cash as we build a better decentralized social network together, taking back the power and profits.You can be a part of something special and for the first time be present for the birth of a new cryptocurrency, one that gives the power and profits back to the users and not the corporationWith Sphere's decentralized social network, all of your personal browsing and search engine results are privately secured and stored from the prying eyes of advertisers. And if they want a peek, they have to pay you!
USEFULNESS OF SOCIAL ACTIVITY TOKEN (SAT)
It is used throughout the system to facilitate transactions within the social network by consumers
With SAT tokens, power is put back into your hands, meaning you have trust within the system.
TALKING ABOUT SAT
SAT is a digital currency designed to be used within the Sphere platform. The Sphere is a new, private, and secure social media platform that offers an integrated, decentralized market, complete with its own advertising platform.
THE UNIQUE ADVANTAGES OF SPHERE NETWORK
Sphere has experienced and capable team that are very good with managing complex technologies and business challenges.
Sphere offers a superior user experience and superior customer support for the users in the Sphere ecosystem, scalability is what the Sphere team designed Sphere for.
Sphere has strategic places both their users and token holders first.
Sphere has a segregated cloud server environment that is safeguard using cutting edge security systems.
Sphere also offers anonymous transactions globally as they do not transact with banking institutions and as such don’t require ID verification, everything is done using digital currency.
THE SPHERE MARKETPLACE
The sphere marketplace will give users opportunity to create products that followers and friends can see and purchase using their SAT. For instance, when one wants to sell a property or product, all you need do is take photos of them, list it with a title, description and an asking price. Location is optional. Access to the ad can be controlled by listing it as either public. When someone sees what you have placed for sale, he or she can click the purchase button if interested and when a transaction occurs, SAT tokens are sent from the buyer’s wallet to your wallet-with no delays or complications.
SPHERE SAT TOKEN
SPHERE puts her users and token holders first, using a cloud server that is safeguarded using a cutting edge security system; everything is done using a digital currency without the banking institution.
SPHERE has plans for making a completely practical promoting gateway. The publicizing/ advertising entry will enable clients to make advertisement pieces that will be shown in the Sphere news feed.
Social Transactions: These Social Activity Tokens are used throughout the system to facilitate transactions within the decentralized social network. With the Social Activity Token (SAT) transactions are facilitated within the social network (Community) with ease in a secure and yet transparent manner.1 SAT = 0.14 USDERC20 Compliance: Tokens must be maintained in an ERC20 compliant Ethereum wallet to take advantage of the rewards
“Advertising space will be paid for using SAT tokens. There will be per-click and per-impression options, with costs deducted automatically from the advertisers’ web wallets”.
ICO DETAILS OF SPHERE
Name of token: Social Activity Token
Token Standard: ERC20 Standard
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 210 to 9th April 2018 UTC 210
Costs 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
BUDGET ALLOCATION OVERVIEW OF SPHERE
The budget outlined below presumes a scenario where the SPHERE minimum cap of $1.5 million has been reached. Additional funds raised after the minimum cap will be used to add additional features to the application, API development, research, marketing and overall growth of the platform. Funds raised from the ICO will be distributed as follows:
Application Development: 60%
Marketing and promotion: 15%
A total of 65% of available tokens are made accessible to buyers through the ICO. SPHERE reserves 1% of all tokens for team and advisory staff. Another 17% will be reserved for the social network development. 9% will be reserved for the company.
- 2016: Sphere development starts (sphere development starts work on iOS and Android apps.
- Q1 2017: Groundwork Preparation for ICO
- Q2 2017: Further Application Development (The first apps were submitted for beta testing)
- Q3 2017: ICO Marketing (Spread Sphere globally and change the world of social networking.
- Q4 2017: ICO Pre-sale start
- Q1 2018: ICO Crowdsale Starts (Feb 12th to April 9th), Back-end update and security Integration.
- Q2 2018: Ad platform: SAT can be used for buying and selling advertising spaces
- Q3 2018: Sphere Marketplace (first implementation on Sphere Marketplace for business and users.
- Q4 2108: Complete Trustless and Decentralized Social Network
More Features Coming: some of the features Sphere hopes to add in the near future includes, Auction system, Third party integration, implementing other features suggested by the community and more to come.
• Andrew Khong (CEO)
• Robert Tomkins (tech project director)
• Andy Fur (system engineer)
• Jessica Thoennes (community manager)
• Tamara Mihajlovic(customer support)
• Matvey Hodovanyuk (software engineer)
• Tamara Petrusevska (social media manager)
• Ivan Karp (marketing manager)
• Edwin Kinoti (block chain researcher and writer)
• Marinelle Rademan (investor relations specialist)
For more information you can check out the Sphere platform on:
AUTHOURED BY: Quemalrs
BITCOINTALK URL: https://bitcointalk.org/index.php?action=profile;u=1638981