What is Sapien? Sapien is a highly customizable, democratized social news platform capable of rewarding millions of contents creators and curators without any centralize intermediaries. It is ERC20 compliant and it uses cryptocurrency, privacy and free speech, customizability. Sapien was founded by Ankit Bhatica,co-founder and CEO, Robbert Giometti, Co-founder and CPO, Stefan Lonescu, lead solidity Dev., Matia Dovta, marketing strategy and others.
Sapien has some features that make it unique to other platforms. On Sapien platform, you can browse anonymously or with your identity. It has ability to protect your online privacy. You can add friend, group or posts to increase your horizon on this platform. In fact, this is a blow to the social network such as Reddit or Facebook.
SPN token is obtained from the ability to collaboratively distinguish high quality content throughout the Sapien network one earns by uploading his contents that the worthwhile and Sapien in turn gets their SPN from the value of the aggregative of all the contents developers on the platform. As it stands, Sapien will be first to launch democratized autonomous platform. Here the users have a say in the management, future developments and market reward. Ultimately this will enable branches to self- moderate, without the need for the authoritative moderators that are the norm on similar platforms why do need to contribute to the development of this wonderful platform? SPN will be the most versatile tokens in the outline space. SPN will not just be useful within the Sapien ecosystem, it will also facilitate creating and transpiring of value within and beyond the platform team is planning to put up a strategy that would offer them 10million new users per month by 2020. Going by the uses of social media, it is more than achievable within the time set who are the participants on this platform? Content creators, curators, who share high quality content with in their branch and network, freelancers, developers, media company are the entities that will contribute immensely to the success of the platform and they will enjoy SPN token as then rewords. All the aforementioned would-be participant of this platform have their experts in the forefront of the project who will exercise than skills in making the platform a huge success with them wealth of experience on those areas of online trading and business. E-commerce is not left out in this regard! There is on enviable market opportunities for this platform. According to Statista, there will be more than 2.3 million social media and by 2020 there will be more than 3billion. This is a large market also, according to Statistic, the market of people buying goods or services online will increase, from 1.46 billion in 2015 to more than 2 billion in 2020. Right now, technologies like Blockchain, IOT and cloud computing are madly changing how consumers with transact in the future.
Sapien is also offering content creators an opportunity to have a digital transformation of their business by offering consumers additional revenue streams to monetize and reduce losses. The diagram below shows the digital spending trend and also show how it impacts media publisher.
What is the business model of Sapien? The primary focus of Sapien after the accurate and secured implementation of proposed utility of SPN is SPN is SPN token sale. When you buy or sell on the SPN token, Sapien will charge 1% transaction fee unless you have a certain threshold of staked SPN. The minimum thresholds will be initially be set at the equipment of 20Dollars worth of staked SPN. If a seller or buyer staked at least 20 dollar, they will pay no transaction fee.
For the ICO: the accepted currency is ETH.
Pre-sale: The token exchange base rate will be phase 1+20%. When an investor buys tokens worth of 25% 100 000 will have bonuses of 25% 250 000, will have 15% bonus, and less than 10,000 attracts no bonus. No cap for the pre -sale. Token sale phase 1: To total hard cap is $30,000,000. Accepted currencies are ETH (natively supported) and BitCoin (not natively supported).
The bonus structures
Day1 will attract 15% bonus, week 2, 3%, week 3 and above will have no bonuses. The soft cap is 50,000 000 SPN. To contribute, you will visit there. Contribution portal will be released closer to the presale. The supplied funds will distribute thus; Development (55%) Security audits (15%) Legal (5%) Marketing (15),
How to register on this platform is shown below;
- Full name private username
- E mail
- Password
- Verified phone number and
- Google recaptcha. This is to combat manipulation.
It is worthy of note that the platform is using Metcalfe’slaw to incentivize the network.
The value of social network increases as more interested user join.
SPN term has some Priorities.
- Design and develop the initial rewards with impute form uses.
- Actively reach but out of business to negotiate discount for SPN holders on products ranging from ridesharing to merchandise to pizza etc.
- Launch a secured community platform for contributions to develop new features, themes, and integration for Sapien users.
- The reward for posting, commenting and voting rewards on SPN platform is demonstrated below;
SPN platform is ideal for profit making on social media-driven generation. Invest and harness the untapped online market opportunities that abound on SPN platform.
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