Sapien.Network
The requirement for development of Sapien platform:
With the increase in the internet and blockchain technology and e-commerce business the issue related to users of social media privacy increase. It is also the issue of the already existing social media platform that the users will not receive the appropriate revenue for adds to display in their communities and groups. So, to overcome these issues of the social media users the Sapien design its network that ensure the transparency and privacy of the users and also enhance their revenues by giving them the major portion of the adds revenue.
What is Sapien platform?
The Sapien platform is the innovative social media system that is developed on the Ethereum blockchain protocol. The SPN is a social news network that is extremely democratized and customizable that shield the millions of the original content creators by reducing privacy issues. As the platform will not eliminate the centralized intermediaries from the process. The Sapien network will quickly develop to contain the marketplace, numerous integrations, and the third-party applications in order to provide high privacy to user’s contents. The platform allows the social media users to buy and sell the virtual and physical goods, premium content and services through utilizing the SPN tokens. Sapien platform will facilitate the user-to-user advertisement and will allow the group owner to display adds on their groups and will receive the revenue on these adds. They have full control on which advertisement they want to display and which they don't and will receive the major portion as 50% share of revenue adds. The platform will receive a minimal portion of these adds revenue and majority are distributed among the users (SPN token holders) and community/group owners. The creators, freelancers, developers, curators and the media corporations are the parties that through using the service of the SPN will raise their protection and revenues.
Advantages of Sapien platform:
The network will allow the creators of the original content to set price and other specification on which they are willing to sell their contents and products to other. So, by this, they will receive the actual benefit of their contents and users also receive the right product and content at a right price.The platform also allows the users to flag other if they show any inappropriate behavior and they are required to explain the inappropriate behavior. By this, the platform ensures the performance of their platform. To ensure the high protection of the tokens the platform assigns a special protected key to tokens that only token holder know so, it is suggested that user will hide their private key of the token from order to ensure the security and to reduce risk. The Sapien platform will transfer all type of multimedia files like images, videos and the attachments from AWS S3 to the decentralized database. The platform by using the Swarm and IPFS storage solution will certify the safety all contents of the users on the Sapien network. So, the platform through using the most secure, scalable, performative and robust solution ensure the privacy concerns of the users and enhance their revenues.
Detail of ICO and token of Sapien platform:
The Sapien tokens are referred to as SPN. The token is flexible and is ERC-20 type token. The Sapien network will accept payments in BTC and ETH. In Pre-ICO member can purchase 6000 SPN at a price of 1ETH, and after that, they will receive 7200 SPN at a value of 1ETH. The price of 1 Sapien tokens is equal to USD 0.15. The ICO of the Sapien starts from March 3, 2018, and end on April 3, 2018.
Conclusion:
After review of the Sapien service and features it is concluded that Sapien is an efficient network that ensures the privacy of the users and will protect them from fake news and secure their content and information and through its unique features raise help the users to raise their revenue. Therefore, we recommend the social media users to use this platform to enhance their security and earnings.
click below links for more information:
Website: http://www.sapien.network/
Whitepaper: https://www.sapien.network/assets/SPNv1_1.pdf
Telegram: https://t.me/SapienNetwork
ANN Thread: https://bitcointalk.org/index.php?topic=2739033
BY: https://bitcointalk.org/index.php?action=profile;u=1324454
Informative article and great efforts
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