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Sapien (SPN)

ICO

Sapien is a social news platform capable of rewarding millions of content creators and curators without any centralized intermediaries.

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Overview

Project industrySocial Network & Communication
Product typePlatform
FoundedUnited States, 2015

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What 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 user’s 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.

 

Details

Pre-sales: Jan 31, 2018 - Feb 15, 2018
Public sales: Mar 28, 2018 - Apr 03, 2018
Hard cap: 30,000,000 USD(fiat)
Raised: 11,740,619 USD

Legal

Registration country: United States
Registration year: 2015

Bounty

Bounty: 5%

Token info

Ticker: SPN
Type: 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

1
2015

Idea behind Sapien conceived and development begins

2
2016

Closed alpha is launched, written with full-stack javascript

3
Quarter 1, 2017

Private beta launched with integrated chat and voice channels

4
Quarter 2, 2017

Transition from an end-to-end encrypted platform to Blockchain application

5
Quarter 3, 2017

Complete SPN white paper and begin Ethereum smart contract development

6
Quarter 4, 2017

Launch testnet faucet and showcase token in Sapien

7
Quarter 1, 2018

Token Sale Phase #1 and implement payouts for creators and curators

8
Quarter 2, 2018

Increase brand awareness and begin porting Sapien platform to a DApp

9
Quarter 3, 2018

Token Sale Phase #2 and revamp UI/UX for crypto novices

10
Quarter 4, 2018

Ramp up marketing efforts; acquire 10k new users per month

11
Quarter 1, 2019

Build infrastructure for Democratized Autonomous Platform

12
Quarter 2, 2019

Roll out decentralized marketplace, premium content and features

13
Quarter 3, 2019

Open developer platform to third-party applications and integrations

14
Quarter 4, 2019

Optimize platform to scale and add 1M new users per month

15
Quarter 2, 2020

Tokenize user data and extend token use to other websites

16
Quarter 4, 2020

Add 10 million new users per month

Project team

Ankit Bhatia
Ankit Bhatia
Co-Founder and CEO
Ankit Bhatia linkedin
Robert Giometti
Robert Giometti
Co-Founder and CPO
Robert Giometti linkedin
Matias Dorta
Matias Dorta
Marketing Strategy
Stefan Ionescu
Stefan Ionescu
Lead Solidity Dev
Stefan Ionescu linkedin
Aurélien Nicolas
Aurélien Nicolas
Security Expert
Aurélien Nicolas linkedin
Christopher Lee
Christopher Lee
Branding & Community
Christopher Lee linkedin

Advisors

Latif Nathani
Latif Nathani
Product & Marketplace
Latif Nathani linkedin
Christian Ferri
Christian Ferri
Blockchain & Investor Relations
Christian Ferri linkedin
Gregory Berkin
Gregory Berkin
Business & Marketing Strategy
Gregory Berkin linkedin
Mihaela Ulieru
Mihaela Ulieru
Blockchain Expert
Mihaela Ulieru linkedin
Raghuram Balasubramanian (Raghu Bala)
Raghuram Balasubramanian (Raghu Bala)
Media Expert
Raghuram Balasubramanian (Raghu Bala) linkedin
Adnan Javed
Adnan Javed
Blockchain Advisor
Adnan Javed linkedin

Social media

Sapien web-siteSapien RedditSapien MediumSapien TelegramSapien InstagramSapien LinkedInSapien TwitterSapien FacebookSapien Github

User rating:

5/5 ( 1 )
0

Sapien rating

8.9
Claim admin rights for this project
ICObench4.5 / 5Sapien (SPN) icobench
ICOholder4.1 / 5Sapien (SPN) icoholder
ICObench8.5 / 10Sapien (SPN) icomarks
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