Sapien Network (SPN)
WHAT IS SAPIEN?
Sapien is a Web3 social network that enables meaningful conversations, data sovereignty, and economic empowerment.
Sapien is a democratized social network, with an award engine that gives users a voice in determining how prizes should be distributed. This platform is powered by SPN tokens, which are used to reward users and increase the capacity to act (post and vote) on the platform. Sapien also has a dynamic betting economy, with more than 17.8 million NES at stake since it was launched.
Unlike other social networks, Sapien chose Ethereum because of its strong community, technology, maturity, and transparency. With 4x more developers than any other crypto ecosystem, Ethereum is unmatched in decentralization and transparency.
Sapien wants to create a platform that truly serves users and will empower communities to create their own decentralized governance frameworks based on consensus. Join the platform today to build a Web3 social network in the future!
WHAT MAKES SAPIEN STAND OUT?
As one of the largest Ethereum-based social networks, Sapien is one of the fastest growing platforms in the world. Thousands of creators receive prizes for adding value to the platform. Sapien's user base covers more than 140 countries and communities have formed a variety of topics ranging from crypto to science to news and more.
Every day, 10,000 SPN tokens are distributed by community consensus using the unique Sapien gift machine. The process takes only a few seconds and the ease of use will benefit the general user who has just entered the Web3 space. Getting a gift has never been easier!
This project has consistently reached a milestone and has a team of talented engineers, entrepreneurs, and marketers reaching all over the world. Their advisory board includes Dr. Mihaela Ulieru, expert in distributed intelligence systems, Latif Nathani, Former CEO of eBay India, and Christian Ferri, Founder of the Blockchain Compliance Foundation and CEO of BlockStar. The team also began to increase marketing efforts to become a Web3 platform for the masses.
Our Vision
Sapien is a democratic, tokenized, and reputation-based social news platform that is able to reward millions of digital content creators without a centralized intermediary. Sapien is supported by utility tokens, SPN, and is built to provide a smooth user experience that provides the benefits and power of blockchain and decentralization to the masses.
Problem
According to a study conducted by Stanford University, there were more than 30,000,000 counterfeit goods distributed in the 2016 presidential election.26 In this era of fake news and alternative facts, it is not surprising that subscriptions to more reliable sources have increased. New York Times revenue, for example, reached $ 1 billion for the first time in 2017.32 People need access to quality content without worrying about the authenticity of publishers and journalists behind it. The generation income must move from a manipulative "eyeball" business model to a more sustainable and strong model. Transparency is very important in news, because news content directly influences the masses by motivating our beliefs and behavior.
Sapien will utilize blockchain technology in a multi-pronged attack on fake news:
Identity on the Blockchain
Reputation in Tribes
Design Something At stake
Machine learning
People's Wisdom
SPN Token Utility
SPN is used for, among others:
Access the Sapien platform.
Digital creator prizes that produce measurable value, determined by community consensus.
Allow holders to purchase physical and virtual goods, content, and services in the tokenized market.
Share ad revenue with users who choose to see ads. By risking more tokens, users can get a greater share of the revenue they generate for Sapien.
Power a Democratized Autonomous Platform (DAP), allows users to participate in organizational decisions and form a product road map with a proposal system.
BUSINESS MODEL
Our goal is to create a sustainable business model that aligns incentives and
priority of SPN token holders, platform users, and company shareholders.
TOKEN SALE ACCOUNT
We hold sales of our tokens from 31 January 2018 - 15 February 2018. Users
swap ETH for the SPN utility token, which gives access to the alpha version
from the Sapien platform.
Crowdsale Sapien was a huge success, raising more than 12,000 ETH alone
two hours. In total, the team collected more than 20,000 ETH from more than 5000 users
come from 142 different countries.
PRODUCT ROADMAP
2015
The idea behind Sapien
understood and
development begins
2016
Closed alpha is
launched, written with
full javascript stack
2018
for sale Token sapiens
Q4
(Polaris release) Changed UI / UX and increased scalability
2019
Q1
Blockchain audibility,
cryptographically
signed action
Q2
Wallet, Original Cellphone
Application, Reputation and
Testnet Proposal
Q3
SPN platform
Tokenization
Q4
Network
Trial
Point
2020
Q2
Active calculation
Blockchain
Q4
Democratization
Autonomous
Platform
Team
Ankit Bhatia: CEO / Co-Founder
Robert Giometti: CPO / Co-Founder
Greg Parker: CTO
Jason Kirkpatrick: Technical Director
Aurélien Nicolas: Blockchain Adviser
Lynn Connolly: Compliance Advisor
Sabbir Ahmed Siddiquee: Software Engineer
Mahmoud Abed: Full-stack Software Engineer
Ethan Escareño Rosano: Main Developer
Marco Tabasco: Blockchain Engineer
Advisory
Latif Nathani: Products & Markets
Gregory Berkin: Business & Marketing Strategy
Christian Ferri: Blockchain & Investor Relations
Adnan Javed: Blockchain Adviser
Gregory Berkin: Business & Marketing Strategy
Po Chi Wu: Blockchain & Fintech Specialist
Conclusion
By eliminating transaction fees for users who have staked SPN on the platform, we will forget the benefits of increasing the utility and longevity of SPN tokens. Our goal is to ensure that platform and company growth is positively correlated. The Sapien Market will help build a pegged SPN economy, using the power of Blockchain to open millions of dollars worth of virtual goods, content and services.
For more information:
White paper: https://www.sapien.network/static/pdf/SPNv1_4.pdf
Telegram: https://t.me/sapienannouncements
Medium: https://blog.sapien.network/
Facebook: https://www.facebook.com/sapien.network/
Twitter: https://twitter.com/sapien_network
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