TO EVERY PROBLEM....
We
all use social media on a daily basis, connecting with people and
talking to our friends. But we are long past the time when that was all
there was to it. Now we use Facebook, Twitter, Instagram, Tumblr and
many many other media in order to also share ideas, spread information,
advertise businesses and in that sense social networks have become a
huge part of our lives. A lot of us even use it for school, university
and work so it is quite normal that all of our information is there, all
of our photos and data.
The
problem is that we are not really sure if that data is actually secure.
And let me tell you here and now- It is not. All social media are major
corporations that take your data and profit off of it, using it as a
means for other major corporations to advertise their products. The
issue is that some of the information in your profiles, even the one you
thought was restricted is sold by the social media. Your history is
tracked and “magically” you get ads for the exact things that you were
browsing just some minutes ago.
And
the way that info got out there is by it being sold. How do you think
there are constant updates made and new innovations to the social media
all the time? It most certainly is not because they are non-profit pages
that just want to connect you with your friends and family.
....THERE IS A SOLUTION
Sphere
is a decentralized social network that believes that your data is yours
and only yours and you should be able to control where it goes and if
it should be shared or not. The company aims at the fair distribution of
the profit that is made if you decided that your personal data is to be
visible and useable. The platform restricts ads and if advertisers want
to get through to your information, they will have to pay for that.
Sphere
is also a great innovation for the companies that end up buying the
services of the advertisers. They take serious amounts of money from the
companies that want to advertise their products by promising that they
will reach the end customer and do their job properly. However, we all
know that ads are a nuisance that we mostly try to get rid of and very
rarely we actually click or view any of them which becomes a major loss
for the corporation.
THE IDEA
Sphere
makes sure that the consumers will directly see the advertised product
and the seller will be able to get it to the consumer without any
mediators. In that way selling and buying is made much more accessible
and your data remains untouched as you only see what you are interested
in and annoying ads are out of the way. Control, profit and privacy are
put right back into your own hands.
The
company has also launched their own utility token called the Social
Activity Token (SAT). Tokens can be used to complete transactions within
the social network. The tokens are made in such a way that the process
will be both transparent and secure.
This
amazing, innovative network has developed a plan that puts the users
and the token holders first. The cutting edge technology that is used
allows for a cloud server environment that is completely safeguarded.
This is how the users that are within the ecosystem are ensured a better
experience and improved customer support. Sphere network does not
partner with any banking institutions and does not require ID
verification so this makes it possible for the users to make global
transactions anonymously.
INTRODUCING THE SPHERE APP
One
more thing that is quite special about Sphere is that unlike most ICOs,
this one has an already established product. The company’s app can
currently be found in the Apple App Store and on the Google Play Store.
The app is very easy to use and made in a way that is entirely
user-friendly. In order to create an account, you simply need to fill in
your email, name, and date of birth.
The
app wants to help you use it and so it immediately starts connecting
you with people, shows you how many of them are interested in the same
thing that you are interested in and allows you to browse a very
detailed database of pictures and news on a variety of different topics
that you can later explore in the “Groups” menu. And here comes the
direct connection between sellers and consumers- through the “Market”
you can browse and buy products by either other Sphere Social users or
by companies. The mediation is removed and the advertised product is
guaranteed to reach the end customer which reduces the cost for
corporations.
THE AFFILIATE PROGRAM
This
program was exclusively created so that you will be able to spread the
word about Sphere. Of course, that will be done in such a way that you
will also earn some. For every person that was referred by you that ends
up purchasing SAT, you will get a 20% commission. To be able to be part
of the program you will need to register and when you do that you will
get your affiliate link that you will be able to share.
Then
someone clicks on it and once they register for the crowd sale they
will automatically be assigned to you. Said friend or relative
contributes to the project and you get your commission. This allows for
Sphere to spread their innovative idea through its users and they get
awarded for that and this is exactly what I mean when I say that the
company makes sure that you get the deserved profit and this is exactly
what happens when you actually use the Sphere Network.
SPECIAL OFFER FOR SPECIAL USERS
Sphere
wants to make its users feel even more special and that is why they are
giving away 12 free Trezor Wallets that will be at 200 dollars of value
each. There are a few steps that you need to go through to be able to
apply for the chance to win the wallet. You will need to sign up at
https://sphere.social/ and join sphere’s telegram
https://t.me/sphere_official1. Then simply invite 3 new users and fill in a google response form. Winners will be chosen at random at the end of each round.
I
found this offer quite interesting and went to take a look at the
Trezor Wallet myself. So I must admit that it is quite impressive. It is
said to be the most trusted and secure way to store your bitcoins and
reduce the risk factor to 0%. That is nothing short of amazing so the
opportunity that Sphere is providing for its users is very generous.
THE SOCIAL MEDIA OF SOCIAL MEDIA
Sphere
is quite popular on Facebook. It has a following of 10 488 people and
over 9 400 likes. If you scroll down on their wall you will find that
people are happy with the project and really like what the team has done
so far. Sphere’s page provides daily updates and a lot of useful
information. There is also a post about the wallet giveaway. The
situation is more or less the same with the platform’s Twitter page.
Both are strictly professional and answer any and all questions that the
users might have.
I
really like the Instagram page in particular though because it has a
lot of images that provide instructions, info, charts and curious facts
that are connected to Sphere. There the following is not that impressive
but I would have to say it is my favorite. There is also one more page
that you can check out- YouTube. The Sphere channel only has two videos
at this current time but the subscribers are growing and I am sure they
will be uploading a lot more in the future. The two videos are quite
informative and give you the gist of what Sphere is all about.
THE TEAM AT THE ROUND TABLE
Much
like the knights at the round table, Sphere has an amazing team that
works together as equals to be able to move the project forward in the
name of their users. They are all experienced professionals that give
their very best and put the people’s interests first. They are all the
masterminds behind this amazing project that has actually created the
“digital revolution”. Let’s take a look at some of them.
First
of all I need to introduce the Chief Executive Officer of the company-
Andrew Khong. His role is, of course, a very important one and carries a
lot of weight. This amazing person is responsible for developing and
carrying out the executive strategy of Sphere Social. He is also the
founder that had the initial idea and belief that privacy, transparency,
and security should be at the core of every social platform. This
belief is shared by all the rest of the team and that is what makes this
platform special, innovative and is built for the pure purpose of
serving the needs of the users.
Among
the core team are Andy Fuhr, Robert Tomkins, Tamara Petrusevska and a
few other people as well. The ones that I mentioned have duties as
follows- Experienced System Engineer, Tech Project Manager, and Social
Media Manager. And these are only a few of the important persons that do
their best for Sphere.
ROADMAP
As
it is with most ICO, this one also has a roadmap because the company
wants to show you how much they have achieved since the time their
project was launched and want to make sure that you see that they will
keep working towards improvement. This is exactly what Sphere have done
and quite frankly it is not lacking in ambition. There are good things
coming in the future for the team and for the users that will make for
even more security that will allow for safety when using the Sphere
Social Network. I really can’t wait to see them achieve all of the goals
that they have set for themselves and I have no doubt that they will
achieve them.
THE WEBSITE
The
website is made to look very professional and when you are scrolling
down you see not only images but synthesized information about the app
and the overall purposes of the project. I like that there is a specific
video that explains the uses of the app and how it works. The website
is easy to use as it provides simple access to the whitepaper, the ICO
details and the Affiliate program. As I have mentioned many times before
the website is often times the first point of contact between the end
user and the company, so it is very important for it to be informative
but not over informative and made in a way that it will inspire
confidence. I would say that Sphere has done a very good job on that
end.
Also, the page is available in a number of different languages which makes it even more accessible to the public.
THE WHITEPAPER
The
whitepaper is written very well and in a simple way that is easy to
read. Basically, it gives you all of the important information without
adding any unnecessary details that might confuse you. There are charts
that explain what is written and make sure you understand the point and
aim of the platform. There is a detailed description of the ICO, the app
and how you can use the SAT tokens. One thing that is missing that I
would like them to add is a more detailed piece on all of the team
members. There are links to all their LinkedIn profiles but it would be
nice to read about them objectively in the whitepaper. Otherwise, this
is a job well done.
The whitepaper is also available in Korean as well as in English and additional languages are always a plus if you ask me.
ICO DETAILS
As
I mentioned before, the name of Sphere’s token is Social Activity Token
and it corresponds to the symbol SAT. The standard for it is ERC20and
it can be used for purchasing goods and services on the social media
platform. The total supply of tokens is the amazing number of 1 000 000
000 SAT and from them, 650 000 000 will be available for sale. All of
the unsold tokens will be destroyed.
The
starting date of the sale was on 12th of February 2018 and it will
continue until the 9th of April 2018. The cost of a single SAT is $0.14
dollars. The soft cap is set at 1.5 million dollars and hard cap is set
at 40 million. The accepted currencies are ETH, BTC, Litecoin, Dogecoin,
and Fiat.
The
distribution of the tokens will be as follows: 65% will be available
for sale through the ICO. 1% will be allocated to the team and advisory
staff while 17% will go into social network development. Another 9% will
be reserved for the company.
The
ICO has been separated into 4 rounds. During the first round, there was
45% bonus SAT. Also, if a user is buying between 2 000 and 19 999 SAT
there will be a 50% bonus and basically the more you buy the bigger
bonus you will get. The bonuses decrease with each round where at the
last round there will be 15% bonus SAT and the maximum bonus that you
can get at this stage will be 30%.
CONCLUSION
This
is a platform that is looking for the user’s best interests and is
working to create security of personal information. Sphere is trying to
provide the social media users the freedom of being responsible for
being responsible for the data they upload and have more control over
who sees it and who uses it. I believe this is the only ICO so far that I
have seen that already has a product that they can offer. The Sphere
Network app really makes things extremely user-friendly and provides you
not only with security but also with connections and information that
you might need.
Sphere
Social is a very adequate and professional project that is focused on
helping people take the internet back into their own hands and that is
something that I strongly vouch for.
Disclosure:
Based
on the ICO team’s discretion, I might receive a reward for this
article. I am not paid in advance for writing it. All opinions are mine.
My Username:idup
