WHAT IS SPHERE
Sphere is on the blockchain to bring decentralization to the social network platform. Not only does it try to integrate and decentralize the market, it already has its own advertising platform. Sphere empowers you to take back control of your data and privacy, which most other social media platforms ordinarily sell to companies without your knowledge nor any benefits accruing to you. Sphere makes it possible for you to take back the profits made by these companies from selling your data.
Sphere Ad Platform
The major problems that Sphere aim to solve are that of privacy, company transparency, and data security.
THE TOKEN
There is a Sphere native token to be used in the ecosystem and possibly on other platforms and exchanges. It is called the Social Activity Token (SAT), it will be currency (i.e. cryptocurrency in this space as it is on the Blockchain)used for all transactions within the ecosystem.
It promises higher level of privacy and security, and that users will be paid for their information/data by companies who use them.
The tokensale starts on 9th April, 2018. Register for the tokensale today to enjoy big early bird discounts of up to 35%. Here is the LINK.
Below are some quick facts about the tokensale:
Name of token: Social Activity Token
Symbol: SAT
PreICO Price: 20 SAT = 1 USD
Price: 1 SAT = 0.14 USD
Total token supply: 1 billion SAT
Minimum cap: $1,500,000 (This is reached already)
Maximum cap: $40,000,000
Bonus: Available
Bounty: Available
Platform: Ethereum (ERC20 token)
Acceptable currencies: BTC, LTC, Doge, ETH, Fiat
Whitelist/KYC: None
Restricted areas: USA, Singapore
All unsold and unallocated tokens will be burnt and none released after the sales.
See all the tokensale details and allocation on https://sphere.social/
THE PRODUCT:
There is a release of the Beta version of their product on Android and iOS App Stores already. Here are the links for the Andoid and iOS downloads. So there is a working product, which is very easy to use and sign-up with. It currently has over 600,000 users. With a social media market of over 3 billion, there is huge opportunity here.
Sphere Mobile Apps
Its use of Blockchain is very beneficiary as it offers contribution to the Blockchain, hence this decision is justified and feasible. It plans to develop its own custom dApp, hence decentralizing the regular centralized apps like Facebook. It would allow for social media privacy and control over social media data created on the dapp.
CONCLUSION:
Having seen the history of the project since 2016, how established this project is already with an alpha prototype, with the backing of the team it has as well, and the social media market of over 3 billion, among many other lucrative prospects, I will personally invest in this great and revolutionary project. I urge everyone to pinch in as well. I did not go into details of other areas, as I intended to point out that this project is established and not a farce. It is working.
It also has an average of 4.0 rating from most popular ICO rating organizations.
Good luck and kudos to the Sphere Team.
Signup today https://sphere.social/?ref_code=if8i0bedm68p
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