 | Sapien (SPN)ICO  Sapien is a social news platform capable of rewarding millions of content creators and curators without any centralized intermediaries. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Sapien
The Sapien Network is powered by the Sapien token and includes the Sapien Platform, the decentralized marketplace, integrated third party applications, digital content creators, and media publications.
SPN is a cryptocurrency used in Sapien to reward users for their contributions. SPN can be freely exchanged between users within Sapien and traded on exchanges. SPN can be used for social actions (posting, comments, voting, etc.), purchasing physical or virtual goods on the Sapien marketplace, and to purchase premium content. SPN will be awarded to quality content creators within Sapien, and will track a users reputation as their contributions are evaluated.
To prevent manipulation by malicious users, only a certain fixed amount of SPN will be usable at any one time to stake on posts for voting. Posts will have a window during which they may be voted on and, after this window expires, all Sapien tokens staked during voting will be released and restakeable.
DetailsPre-sales: Jan 31, 2018 - Feb 15, 2018Public sales: Mar 28, 2018 - Apr 03, 2018 Hard cap: 30,000,000 USD(fiat) Raised: 11,740,619 USD LegalRegistration country: United StatesRegistration year: 2015 BountyBounty: 5% | Token infoTicker: SPNType: Utility-token Token standard: ERC-20 Accepted currencies: ETH Bonus program: Day 1: +15% (1 ETH = 3,450 SPN) Week 1: +10% (1 ETH = 3,240 SPN) Week 2: +3% (1 ETH = 3,090 SPN) Week 3+: no bonuses Token distribution: 45% - Public Contributors 30% - Platform reserve 20% - Team 5% - Bounties Funds allocation: 55% - Development 15% - Marketing 15% - Administrative 10% - Security Audits 5% - Legal |
Sapien Roadmap
Idea behind Sapien conceived and development begins
Closed alpha is launched, written with full-stack javascript
Private beta launched with integrated chat and voice channels
Transition from an end-to-end encrypted platform to Blockchain application
Complete SPN white paper and begin Ethereum smart contract development
Launch testnet faucet and showcase token in Sapien
Token Sale Phase #1 and implement payouts for creators and curators
Increase brand awareness and begin porting Sapien platform to a DApp
Token Sale Phase #2 and revamp UI/UX for crypto novices
Ramp up marketing efforts; acquire 10k new users per month
Build infrastructure for Democratized Autonomous Platform
Roll out decentralized marketplace, premium content and features
Open developer platform to third-party applications and integrations
Optimize platform to scale and add 1M new users per month
Tokenize user data and extend token use to other websites
Add 10 million new users per month
Project team
Advisors
Social media
