WHAT IS SAPIEN?
Sapien is more than just a platform - this is a movement that encourages users to take back control of their social experiences. By utilizing blockchain technology, Sapien is a fundamental paradigm shift in how we interact, influence and transact in online communities.
Our Vision
Sapien is a democratic, tokenized, and reputation-based social news platform that is able to reward millions of digital content creators without a centralized intermediary. Sapien is supported by utility tokens, SPN, and is built to provide a smooth user experience that provides the benefits and power of blockchain and decentralization to the masses.
Problem
According to a study conducted by Stanford University, there were more than 30,000,000 counterfeit goods distributed in the 2016 presidential election.26 In this era of false news and alternative facts, it is not surprising that subscriptions for more reliable sources have increased. New York Times revenue, for example, reached $ 1 billion for the first time in 2017.32 People need access to quality content without worrying about the authenticity of publishers and journalists behind it. Revenue generation must move from a manipulative "eyeball" business model to a more sustainable and strong model. Transparency is very important in news, because news content directly influences the masses by motivating our beliefs and behavior.
Solution
Sapien will utilize blockchain technology in a multi-pronged attack on fake news:
Identity on the Blockchain
Reputation in Tribes
Design Something At stake
Machine learning
People's Wisdom
SPN Token Utility
Tokens will be in the form of Staked and Unstaked. The token at stake will give the user platform functionality. Unsaved tokens can be stored in a wallet that is compliant with an external ERC-20.
SPN is used for, among others:
Access the Sapien platform.
Digital creator prizes that produce measurable value, determined by community consensus.
Allow holders to purchase physical and virtual goods, content, and services in the tokenized market.
Share ad revenue with users who choose to see ads. By risking more tokens, users can get a greater share of the revenue they generate for Sapien.
Power a Democratized Autonomous Platform (DAP), allows users to participate in organizational decisions and form a product road map with a proposal system.
Sapien Platform
Sapien is a Web3 social news platform that gives users control over their data, respect
content creators, and against fake news. Web3 technology (e.g. Blockchain, IPFS, web
torrents) will serve as the basic infrastructure for creating
highly adaptable and democratized social networks without centralized intermediaries.
Sapien Network
The Sapien network consists of the Sapien platform, the market, API integration, and third-party applications, all connected and empowered by SPN, an Ethereum-based utility token.
See the attached chart below for how Proof-of-Value works
Core Values
Democracy
Users of democracy must have the final say on their community and must be given incentives to contribute to them.
Privacy
Privacy-targeted ads are beneficial, but inherently flawed because they exploit user data and violate user privacy.
Free Speech Speeches
Free is a basic principle that must be protected online with annoying tools.
Capability Customization
Customization Each user must be able to customize the social experience to their liking.
Main feature
Browsing Pseudonim
Interact with the community in Sapien with your real identity or pseudonym.
Subscribe
Subscribe and join the Tribes to get the latest information from friends and people from all over the world.
Friends, Groups and Posts
Add friends, create groups, share posts, write comments, and broaden your horizons.
Feature-rich chat
Join text and voice channels with our powerful chat interface, providing a more dynamic and attractive user experience.
Encryption
Protect your online privacy. Sapien protect
your personal data and offer encrypted chat conversations
Very Customizable
Every individual is unique. Take control of each feature and adjust your social experience.
Establishing a Consensus Proof of Value Protocol
In essence, SPN allows us to collaboratively differentiate high-quality content across the Sapien Network. Evidence Mechanism Its innate value will encourage quality contribution and value the user. When user contributions are evaluated throughout the network, they will collect scores that reflect their contributions
reputation. This will allow the specific expertise of domain users to be reflected in their communities and tribes. In Sapien, reputation will reduce trolling and reduce the spread of false news. Reputation scores can be asked from the network and need not be limited to the Sapien platform.
Build a Strong Market and Contribute Users
Content creators must be valued fairly for their time and the original content they add to the platform. Users will be able to tip each other for posts or comments and even receive payment in SPN from Sapien for posts that have created measurable value. By allowing users to pay each other this way, we will foster a supportive environment
quality content and free content creators from dependence on ad revenue.
Decentralized markets are also planned on the road map to make it possible
SPN holders to purchase exclusive premium content, services, physical merchandise,
and virtual goods, including themes, integration, and features.
BUSINESS MODEL
Our goal is to create a sustainable business model that aligns incentives and
priority of SPN token holders, platform users, and company shareholders.
TOKEN SALE ACCOUNT
We hold sales of our tokens from 31 January 2018 - 15 February 2018. Users
exchange ETH with the SPN utility token, which gives access to the alpha version
from the Sapien platform.
Crowdsale Sapien was a huge success, increasing more than 12,000 ETH only in
two hours. In total, the team collected more than 20,000 ETH from more than 5000 users
come from 142 different countries.
PRODUCT ROADMAP
2015
The idea behind Sapien
understood and
development begins
2016
Closed alpha is
launched, written with
full javascript stack
2018
for sale Token sapiens
Q4
(Polaris release) Changed UI / UX and increased scalability
2019
Q1
Blockchain audibility,
cryptographically
signed action
Q2
Wallet, Original Cellphone
Application, Reputation and
Testnet Proposal
Q3
SPN platform
Tokenization
Q4
Network
Trial
Point
2020
Q2
Active calculation
Blockchain
Q4
Democratization
Autonomous
Platform
Our team
Behind every great product is a great team
Ankit Bhatia: CEO / Co-Founder
Robert Giometti: CPO / Co-Founder
Greg Parker: CTO
Jason Kirkpatrick: Technical Director
Aurélien Nicolas: Blockchain Adviser
Lynn Connolly: Compliance Advisor
Sabbir Ahmed Siddiquee: Software Engineer
Mahmoud Abed: Full-stack Software Engineer
Ethan Escareño Rosano: Main Developer
Marco Tabasco: Blockchain Engineer
Advisory
Latif Nathani: Products & Markets
Gregory Berkin: Business & Marketing Strategy
Christian Ferri: Blockchain & Investor Relations
Adnan Javed: Blockchain Adviser
Gregory Berkin: Business & Marketing Strategy
Po Chi Wu: Blockchain & Fintech Specialist
Conclusion
By eliminating transaction fees for users who have staked SPN on the platform, we will forget the benefits of increasing the utility and longevity of SPN tokens. Our goal is to ensure that platform and company growth is positively correlated. The Sapien Market will help build a token SPN economy, using the power of the Blockchain to open millions of dollars worth of virtual goods, content and services.
For clearer information, visit the link below:
White paper: https://www.sapien.network/static/pdf/SPNv1_4.pdf
Telegram: https://t.me/sapienannouncements
Medium: https://blog.sapien.network/
Facebook: https://www.facebook.com/sapien.network/
Twitter: https://twitter.com/sapien_network
AUTHOR: Gambangcity
ETH: 0xbd4e6B6E19c55D117badfa5C218Ae03263df6072
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