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Sphere Network – a next-generation decentralized Social Media network

Sphere Network is a next-generation decentralized Social Media network. The problem with social media juggernauts today is that your online activity, data, and privacy belongs to them and they freely sell it all to the highest bidder. The problem with centralized servers is that their stores of sensitive data are vulnerable to hacking. In their place, they are creating Sphere, a more transparent, honest, and open blockchain network. They built Sphere on the main principles of privacy and security as an irrefutable right, giving users protection, security, and peace of mind. Sphere is an established product and can be found on the internet, as well as Google Play Store and Apple App Store. They currently have nearly 600,000 registered users and the number is increasing.

SOLUTION

Since its early inception, social media has quickly gone from a simple novelty used only to keep friends updated and included on their daily lives to becoming a growing source of entertainment, news, and community. And as nearly three billion people now utilize social media in some shape or form, its impact on life cannot be denied. From those nearly billion active users, volumes upon volumes of data are generated, saved, and often sold to the highest bidder. Essentially selling people’s personalities, secrets, and lives to corporations that utilize that information to create targeted ad campaigns. And this happens every moment of every day. Sphere aims to change that and redefine how social media interacts within their lives. Gone is the large collection of centralized servers that are vulnerable to hacking, storing troves of sensitive data to be used as companies see fit. In their place, a more transparent, honest, and open blockchain format that allows every user to hold Sphere accountable for data.
Sphere is built upon the 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.

WHY SPHERE?

 YOU ARE IN CONTROL : With every click, with every social connection, and every loaded page, they build a better decentralized social network together, taking back the power and profits.

 SET FREE BY CRYPTOCURRENCY : 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 corporations.

 YOUR DATA, YOUR PRIVACY, YOUR PROFIT :  With Sphere’s decentralized social network, all of your personal browsing and search engine results are privately secured and stored away from the prying eyes of advertisers. And if they want a peek, they have to pay you!
 PRODUCT ALREADY BUILT : They have an experienced team and a product that is already built, unlike other companies. Their team has many years of experience designing systems that are secure and capable of managing high volumes.

Sphere token

Name of token: Social Activity Token
Symbol: SAT
Token Standard: ERC20 Standard
Decimals: 8
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 21:00 to 9 April 2018 UTC 21:00
Cost of 1 SAT: $0.14
Softcap/Minimum Goal: $1.5 million – softcap goal reached
Hardcap/Maximum Goal: $40 million
Accepted currencies: Ethereum, Bitcoin, Litecoin.


For more information,visit the Website or read the Whitepaper.

 

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