SPHERE

 

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.

Sphere's Website: https://sphere.social/

Sphere's Whitepaper: https://sphere.social/wp-content...

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