SAPIEN NETWORK

Sapien is a highly customizable and democratized social news platform capable of rewarding millions of content creators and curators without centralized intermediaries. Sapien works with an ERC20 compatible cryptomoney called SPN. The Sapien network will evolve rapidly to include a market, multiple integrations and third-party applications.

SPN is a flexible and ERC20 compliant cryptomontage that will provide incentives on quality content, reinforce all platform actions and serve as our tokenized backbone network. Once implemented, we believe that SPN will be one of the most important tokens in online space. The SPN token will not only be very useful in the Sapien ecosystem, but will also facilitate manufacturing and value transfer inside and outside the platter.

With the Sapien platform, false news will largely be summarized with a secure Blockchain identity and a comprehensive reputation system. SPN will be the backbone of any social action and transaction that takes place, instilling its growth potential in the expansion and adoption of platelets rather than a furious burst in the cryptomonet market.

Features

Public / private navigation

Subscriptions

Friends, Groups and Publications.

Rich chat feature

Encryption

Very customizable.

Advantages

Democracy:

Users should have public opinion about their community and be encouraged to contribute.

Privacy:

Targeted ads can be made, but are inherently exposed because they exploit user data and violate user privacy.

Freedom of expression:

The basic principle that must be protected online with annoying tools.

Personalization:

Each user must be able to customize social experiences to his or her liking.

Objectives

Essentially, the NES derives its value from the ability to collaboratively enhance high-quality content across the Sapien Network. Evidence of value mechanisms will boost quality and reward user contribution.

As users’ taxpayers are assessed on the network, they will collect scores that reflect their reputation. This will allow domain/user specific experts to be reflected in your community. In Sapien, reputation will reduce drag and drop the spread of false news. The reputation system is attached to the SPN token and is therefore not limited to the Sapien platform.

Market Opportunity

Social media

There are now more than 2.3 billion social media users and by 2020 there will be more than 3 billion. Humans are an inherently social species; therefore, some forms of social networking will continue to play an important role in the future.

E-Commerce

According to Statista, the number of people buying goods or services online will increase from 1.46 billion in 2015 to more than 2 billion in 2020. Technologies such as Blockchain, IoT and cloud computing are radically changing the way consumers will transact in the future.

Intimacy

As shown in Figure 2.1 and 2.2, trends indicate a growing privacy problem and growing mistrust in the disclosure of personal information on social networks. These attitudes show that Internet users are increasingly concerned about privacy, but simply have no choice but to continue using the services they accumulate and benefit from their data.

Means of communication

The following Figures 3.1 and 3.2 clearly indicate a move towards higher digital expenditure and this clearly impacts media publishers. Sapien offers these creators the opportunity to transform their businesses digitally by offering consumers additional revenue streams to monetize and reduce losses.

Market

Buyers and Sellers

Users will be able to buy and sell physical and virtual products, services and premium content in the Sapien market using SPN tokens. Reputation scores will be integrated into the marketplace, allowing users to trust that the supplier they are buying from is reliable.

Sapien

Sapien will charge a transaction fee of 1% to buyers and sellers in the Sapien market unless they have a certain threshold of SPN rethought. The minimum threshold will initially be set at the equivalent of $20 in replanted SPN. If a buyer or seller has wagered at least $20, then he or she will not pay transaction fees on your behalf. If either party has less than the minimum staked threshold, they will be charged a transaction fee of 1%.

Route Map

Token

Maximum SPN distributed: 215,000,000

Accepted currencies:

ETH: Natively compatible.

BTC: Not natively compatible. The collaborator will be asked for an Ethereum address. A BTC address will be generated and linked to the specified Ethereum address. Once BTC is received, SPN will be sent to the specified Ethereum address.

Non-Ethereum-based crypto coins: compatible through https://shapeshift.io

Token exchange base rate: 1 ETH = 3,000 SPN

Bonus Structure: — Day 1: + 15% (1 ETH = 3,450 SPN) -

Week 1: + 8% (1 ETH = 3,240 SPN)

Week 2: + 3% (1 ETH = 3,090 SPN)

Week 3+: no bonuses

Issue rate: all new tokens will be distributed to security creators within Sapien.

Minimum target: 50,000,000 SPN