Sphere decentralized social network - is it a Steemit clone? Free token presale going on now

in cryptocurrency •  7 years ago 

You can get 200 free shares ($10 worth) of Sphere's pre-ICO token here: http://sphere.social?ref=5309-519a2128.

I was sent this referral link earlier today for the "Sphere decentralized social network" ICO, a token based on the Ethereum blockchain. They claim their goal is to, "Disrupt the $500 + billion dollar industry by joining us in the next digital revolution."

I don't know much about Sphere, and I will research it and come back with some more information here. From what I can tell it sounds a lot like a Steemit clone, but I don't see any actual platform. It's not clear to me if there is a "there" there. Right now it looks more like a strategy to cash in on ICOs. I will dig deeper to see if I am being unfair.

In any case, free tokens for signing up is a no brainer for me. With all of these ICOs coming out left right and center it's hard to stay on top of what they all are, but you might as well get some free tokens from as many as possible in case one of them pays off!
Get 200 free Sphere tokens here; http://sphere.social?ref=5309-519a2128

The decision of whether to buy actual tokens of Sphere is of course a much more involved one. The current price seems to be $.05 per token, with various bonuses being offered for buying certain amounts.

They claim to be the a decentralized social network that will pay profits back to token holders on the order of 30% of Sphere's distributable profits. How they will be making money is not clear to me yet from reading their web page. I will come back with more info soon.

Sphere has very optimistic revenue sharing projections, which you can project out using a calculator on their site according to how many tokens you intend to buy and how much future revenue they will reach.

For example:

If you buy 200,000 tokens (@$.05 is $10,000) and they reach 25 million members(!) your profit sharing will be $375 per month.
It's a far cry from Steemit where you can make considerably more than that if you put in the time and the work as well as invest in some SteemPower. I don't know Steemit's current membership, but it's below 1 million members.

We Steemians will be immediately struck by the similiarity of Sphere's description of itself to the use case for Steemit, namely, taking back the profit from media exposure, traffic, social pageviews and advertising that a company like Facebook keeps for itself and giving it back to the content creators themselves, i.e., everyone who posts on Steemit.

The Steemit platform, founded famously by Ned Scott and Dan Larimer, creator of BitShares, was announced in a whitepaper in March 2016. On Steemit, users are paid for every post, comment and reply, and the amount one can make from one's activity rises over time with the quality of one's posts, the amount of activity and engagement one creates, and the amount of SteemPower, a form of the Steem token that is invested back into the platform and is less liquid than Steem, one has accumulated.

Sphere's ICO presale states that, "With every click, with every social connection, and every loaded page you can earn serious cash as we build a better decentralized social network together, taking back the power and profits."

Go ahead and get your free 200 shares ($10) by signing up here - I will get a bonus from you signing up as well! And you will get a bonus if you sign people up. Who knows? Maybe it will be worth $20 someday!
http://sphere.social?ref=5309-519a2128

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I will join

ok i will join it and sign up with your link.

Thanks! It's free so you can't lose anything.

This post has received a 1.04 % upvote from @drotto thanks to: @banjo.

there is a web app and android app, signup for the network here
https://www.sphere.social/hello/users/register

I have joined the site but they dont have much information and where is the social network platform ? is it up yet ? I cant find it anyway.... if you know how to login to the social network than pls let me know...

I have invested :)