ICO Sapien: Return of Freedom of Speech to the Internet

ICO Sapien: Return of Freedom of Speech to the Internet

An autonomous platform is a hybrid of a news portal and social network, where high-quality content is encouraged by internal cryptocurrency, and moderation is made by Sapien users - Utopia? No, the near future!

Ankit Batiya, the head of the sapien.network project said:

It would be a social network of the 21st century, where each participant can independently choose a suitable role: to be the author of the content and receive a reward, to be a moderator and also receive a reward in the form of SPN tokens, to be simply an investor or even an ordinary anonymous user.

The project identifies four main values:

  1. Equality and public council;
  2. Anonymity;
  3. Freedom of speech;
  4. Flexibility in personalization.

The project's cryptocurrency is called SPN. It is based on the erc20 protocol, which means it can be stored in any ethereum-wallet.

Pre-sale of SPN tokens is planned for the period from January 31 to February 15 and will be accompanied by the accrual of 20% of the bonus.

The ICO will start on March 3 (to April 3) 2018, during which 50,000,000 SPN tokens will be placed for sale.

Sapien accepts Etherium and Bitcoin, as well as alternative currencies through the partner of the project - shapeshift.io. Pay attention - it is impossible to send the cryptocurrency directly from the exchanges Poloniex and Coinbase.

A total of 45% of tokens are allocated for sale, 30% are reserved for internal service needs, 20% are assigned to the team, and 5% are required in Bounty. More than half of the funds received during the placement will be directed to developing and improving the service, and 15% will be invested in marketing.

Tokens issued by the project will be placed on all major crypto-exchange exchanges: at the moment, the final details are being coordinated, and preparations for placement are in progress.

The key advantages can be reduced to this list:

  • Decentralization;
  • 2 modes of operation: public and private;
  • Encrypt all data;
  • The absence of forbidden subjects and the encouragement of authors in the pursuit of the expression of personal opinion.

The project got almost the maximum ratings in popular ICO ratings: TrackICO put out 5/5, ICOExpert awarded ratings at 4.7 / 5, and ICOMarks awarded Sapien 7.8 out of 8 possible points.

Special attention should be paid to the consultants of the project: the main adviser is the general director of the Indian division eBay - Latif Nathani, as well as Christian Ferry - the founder of BlockOne Ventures, Gregory Berkin of Concours Ventures and other eminent specialists.

Information Source: Sapien Network

Canada Reports Blockchain To Be Amongst Its Highest Paying Industries
A report recently published by the Canadian Digital Chamber of Commerce proves that the money involved in the blockchain industry of the nation is at...
KodakONE Blockchain Beta Test Generated $1 mln in Content Licensing Claims
More than $1 million — this how much in licensing claims KodakONE, a dev of DLT-based image rights platform, has generated. Certified by the American...
UNICEF Funds Six DLT Startups to Solve Global Issues
UNICEF is both crypto- and blockchain friendly. A few months ago the French leg of UNICEF said it was accepting donations in nine types of...
Facebook Has Opened 5 Blockchain-Related Vacancies
More than half a year ago social media titan Facebook set up a blockchain group to explore how to employ this technology to the maximum advantage of...
Seven Southern European Countries Agreed to Promote Blockchain
Seven countries of Southern Europe signed a declaration in which they commit themselves to promote blockchain. These countries are Cyprus, France...
Amazon Embraces Blockchain Despite The Dip on Crypto-Market
Even as crypto-market plunged from nearly $830 billion in January to $121.5 billion this week, the leading e-commerce company sees an opportunity in...
Microsoft Releases Dev Kit to Connect Users to Blockchain
The American technological titan Microsoft has finally introduced its development kit dubbed Azure. Azure functions without a server and is powered...
JPMorgan: Investors Should Keep an Eye on These DLT-Friendly Companies
If you are an investor, it might still be challenging for you to get exposed to DLT, unless, for sure, you are purchasing bitcoin. To ease the life...
Blockchain Engineers Make As Much As AI Specialists
Engineers working in the blockchain domain are as demanded as those who work on artificial intelligence. Such a conclusion can be made from the...
Blockchain Market Could Be $7 bln and Boost Amazon, Microsoft, BofA Says
Novel estimates from one of the most influential investment banks in the world — Bank of America — showcase unalterable ledger spread will be of use...