https://www.billcrypt.io/
We are all aware about the different types of organization we have around today, different companies, industries facing one or two problems regarding documentation and representation as well. In simple words, for every company or firms or stores; there is a certain need to keep data, to secure information and to ensure history of data’s are kept repeated year in, year out.
Ofcourse this has been done over the years; if we look at the progress made from the days of record keeping in books, papers and also when computer came; companies started using out excel packages and coreldraw to store data; these didn’t proffer the required solution because computers are prone to crashing and information can be hacked or accessed by any authorized third party.
Sapien is a democratized, tokenized, reputation-based social news platform capable of rewarding millions of digital content creators without centralized intermediaries. Sapien is powered by a utility token, SPN, and built to provide a smooth user experience that delivers the benefits and power of the blockchain and decentralization to the masses.
Problem
According to a study done by Stanford University, there were over 30,000,000 fake items shared in the 2016 presidential race.26 In this era of fake news and alternative facts, it is not surprising that subscriptions for more reliable sources have been on the rise. The New York Times’ revenue, for instance, topped $1 billion for the first time in 2017.32 People need access to quality content without worrying about the authenticity of the publisher and journalists behind it. Revenue generation must shift from the manipulative “eyeball” business model to a more sustainable and robust model. Transparency is particularly essential in news, as news content directly influences the masses by motivating our beliefs and behaviors.
Solution
Sapien will leverage the blockchain technology in a multi-pronged attack against fake news:
Identity on the Blockchain
Reputation in Tribes
Something-at-Stake Design
Machine Learning
Wisdom of the Crowds
The Sapien Platform
Sapien is a Web3 social news platform that gives users control of their data, rewards
content creators, and fights fake news. Web3 technologies (e.g. blockchain, IPFS, web
torrents) will serve as the underlying infrastructure to create a highly customizable,
democratized social network without centralized intermediaries.
The Sapien Network
The Sapien Network consists of the Sapien platform, marketplace, API integrations, and third-party applications, all connected and powered by SPN, an Ethereum-based utility token.
See the accompanying graphic below for how Proof-of-Value works.
Core Values
Democracy
Democracy users should have the final say over their communities and should be incentivized to contribute to them.
Privacy
Privacy targeted advertising is profitable, but inherently flawed because it exploits user data and infringes on user privacy.
Free Speech
Free Speech is a fundamental principle that should be protected online with disruptive tools.
Customizability
Customizability each user should be able to tailor a social experience to their liking.
Key Features
Pseudonymous Browsing
Interact with communities on Sapien with your real identity or pseudonymously.
Subscriptions
Subscribe to and join Tribes to stay up to date with the latest posts from your friends and people from around the world.
Friends, Groups, and Posts
Add friends, create groups, share posts, write comments, and expand your horizons.
Feature-rich Chat
Join text and voice channels with our powerful chat interface, providing a more dynamic and engaging user experience.
Encryption
Protect your online privacy. Sapien protects your personal
data and offers encrypted chat conversations
Highly Customizable
Every individual is unique. Have control over every feature and tailor your own social experience.
Establish a Proof-of-Value Consensus Protocol
At its core, SPN enables us to collaboratively distinguish high-quality content across the Sapien Network. Its built-in Proof-of-Value mechanism will promote quality contributions and reward users accordingly. As the contributions of users are evaluated throughout the network, they will accumulate a score that reflects their
reputation. This will allow a user’s domain-specific expertise to be reflected within their communities and Tribes. Within Sapien, reputation will mitigate trolling and reduce the spread of fake news. Reputation scores can be queried from the network and need not be restricted to the Sapien platform.
Build a Robust Marketplace and Incentivize User Contributions
Content creators should be rewarded fairly for their time and the original content they add to a platform. Users will be able to tip one another for posts or comments and even receive payouts in SPN from Sapien for posts that have created quantifiable value. By enabling users to pay each other in this manner, we will foster an environment that supports
quality content and liberates content creators from dependence on ad revenue.
A decentralized marketplace is also planned in the roadmap to enable SPN
holders to purchase exclusive premium content, services, physical merchandise,
and virtual goods, including themes, integrations, and features.
BUSINESS MODEL
Our goal is to create a sustainable business model that aligns the incentives and
priorities of SPN token holders, platform users, and company shareholders.
TOKEN SALE RECAP
We held our token sale from January 31, 2018 – February 15, 2018. Users
exchanged ETH for the SPN utility token, which gave access to the alpha version
of the Sapien platform.
Sapien’s crowdsale was a resounding success, raising over 12,000 ETH in just
two hours. In total, the team raised more than 20,000 ETH from over 5000 users
hailing from 142 different countries.
PRODUCT ROADMAP
2015
Idea behind Sapien
is conceived and
development begins
2016
Closed alpha is
launched, written with
full-stack javascript
2018
Sapien Token Sale
Q4
(Polaris Release) Revamped UI/UX and improved scalability
2019
Q1
Blockchain audibility,
cryptographically
signed actions
Q2
Wallet, Native Mobile
Apps, Reputation and
Proposal Testnet
Q3
SPN Platform
Tokenization
Q4
Network
Experimentation
Period
2020
Q2
Computation on
the Blockchain
Q4
Democratized
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: Director of Engineering
Aurélien Nicolas: Blockchain Advisor
Lynn Connolly: Compliance Advisor
Sabbir Ahmed Siddiquee: Software Engineer
Mahmoud Abed: Full-stack Software Engineer
Ethan Escareño Rosano: Lead Developer
Marco Tabasco: Blockchain Engineer
Advisors
Latif Nathani: Product & Marketplace
Gregory Berkin: Business & Marketing Strategy
Christian Ferri: Blockchain & Investor Relations
Adnan Javed: Blockchain Advisor
Gregory Berkin: Business & Marketing Strategy
Dr. Po Chi Wu: Blockchain & Fintech Expert
Conclusion
By eliminating transaction fees for users who have staked SPN on the platform, we will forgo profit to increase the utility and longevity of the SPN token. Our goal is to ensure that the growth of the platform and company are positively correlated. The Sapien marketplace will help establish the tokenized SPN economy, using the power of the Blockchain to unlock millions of dollars worth of virtual goods, content, and services.
To get even clearer information please visit the link below:
Website : https://www.sapien.network/?utm_source=ts&utm_medium=bitcointalk&utm_campaign=article
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
Youtube : https://www.youtube.com/channel/UCbHEEvTMypRrn9k-bmTTyqg
We are all aware about the different types of organization we have around today, different companies, industries facing one or two problems regarding documentation and representation as well. In simple words, for every company or firms or stores; there is a certain need to keep data, to secure information and to ensure history of data’s are kept repeated year in, year out.
Ofcourse this has been done over the years; if we look at the progress made from the days of record keeping in books, papers and also when computer came; companies started using out excel packages and coreldraw to store data; these didn’t proffer the required solution because computers are prone to crashing and information can be hacked or accessed by any authorized third party.
Problem
According to a study done by Stanford University, there were over 30,000,000 fake items shared in the 2016 presidential race.26 In this era of fake news and alternative facts, it is not surprising that subscriptions for more reliable sources have been on the rise. The New York Times’ revenue, for instance, topped $1 billion for the first time in 2017.32 People need access to quality content without worrying about the authenticity of the publisher and journalists behind it. Revenue generation must shift from the manipulative “eyeball” business model to a more sustainable and robust model. Transparency is particularly essential in news, as news content directly influences the masses by motivating our beliefs and behaviors.
Solution
Sapien will leverage the blockchain technology in a multi-pronged attack against fake news:
Identity on the Blockchain
Reputation in Tribes
Something-at-Stake Design
Machine Learning
Wisdom of the Crowds
SPN Token Utility
Tokens will exist in Staked and Unstaked forms. Staked tokens will provide users with platform functionality. Unstaked tokens can be held in external ERC-20 compliant wallets.
SPN is used to, among other things:
Access the Sapien platform.
Reward digital content creators who generate quantifiable value, determined with the consensus of the community.
Allow holders to purchase physical and virtual goods, content, and services in a tokenized marketplace.
Share ad revenue with users who optin to see advertisements. By staking more tokens, users can earn a larger portion of the revenue they generate for Sapien.
Power a Democratized Autonomous Platform (DAP), enabling users to participate in organizational decisions and shape the product roadmap with a proposal system.
Tokens will exist in Staked and Unstaked forms. Staked tokens will provide users with platform functionality. Unstaked tokens can be held in external ERC-20 compliant wallets.
SPN is used to, among other things:
Access the Sapien platform.
Reward digital content creators who generate quantifiable value, determined with the consensus of the community.
Allow holders to purchase physical and virtual goods, content, and services in a tokenized marketplace.
Share ad revenue with users who optin to see advertisements. By staking more tokens, users can earn a larger portion of the revenue they generate for Sapien.
Power a Democratized Autonomous Platform (DAP), enabling users to participate in organizational decisions and shape the product roadmap with a proposal system.
The Sapien Platform
Sapien is a Web3 social news platform that gives users control of their data, rewards
content creators, and fights fake news. Web3 technologies (e.g. blockchain, IPFS, web
torrents) will serve as the underlying infrastructure to create a highly customizable,
democratized social network without centralized intermediaries.
The Sapien Network
The Sapien Network consists of the Sapien platform, marketplace, API integrations, and third-party applications, all connected and powered by SPN, an Ethereum-based utility token.
See the accompanying graphic below for how Proof-of-Value works.
Core Values
Democracy
Democracy users should have the final say over their communities and should be incentivized to contribute to them.
Privacy
Privacy targeted advertising is profitable, but inherently flawed because it exploits user data and infringes on user privacy.
Free Speech
Free Speech is a fundamental principle that should be protected online with disruptive tools.
Customizability
Customizability each user should be able to tailor a social experience to their liking.
Key Features
Pseudonymous Browsing
Interact with communities on Sapien with your real identity or pseudonymously.
Subscriptions
Subscribe to and join Tribes to stay up to date with the latest posts from your friends and people from around the world.
Friends, Groups, and Posts
Add friends, create groups, share posts, write comments, and expand your horizons.
Feature-rich Chat
Join text and voice channels with our powerful chat interface, providing a more dynamic and engaging user experience.
Encryption
Protect your online privacy. Sapien protects your personal
data and offers encrypted chat conversations
Highly Customizable
Every individual is unique. Have control over every feature and tailor your own social experience.
Establish a Proof-of-Value Consensus Protocol
At its core, SPN enables us to collaboratively distinguish high-quality content across the Sapien Network. Its built-in Proof-of-Value mechanism will promote quality contributions and reward users accordingly. As the contributions of users are evaluated throughout the network, they will accumulate a score that reflects their
reputation. This will allow a user’s domain-specific expertise to be reflected within their communities and Tribes. Within Sapien, reputation will mitigate trolling and reduce the spread of fake news. Reputation scores can be queried from the network and need not be restricted to the Sapien platform.
Build a Robust Marketplace and Incentivize User Contributions
Content creators should be rewarded fairly for their time and the original content they add to a platform. Users will be able to tip one another for posts or comments and even receive payouts in SPN from Sapien for posts that have created quantifiable value. By enabling users to pay each other in this manner, we will foster an environment that supports
quality content and liberates content creators from dependence on ad revenue.
A decentralized marketplace is also planned in the roadmap to enable SPN
holders to purchase exclusive premium content, services, physical merchandise,
and virtual goods, including themes, integrations, and features.
BUSINESS MODEL
Our goal is to create a sustainable business model that aligns the incentives and
priorities of SPN token holders, platform users, and company shareholders.
TOKEN SALE RECAP
We held our token sale from January 31, 2018 – February 15, 2018. Users
exchanged ETH for the SPN utility token, which gave access to the alpha version
of the Sapien platform.
Sapien’s crowdsale was a resounding success, raising over 12,000 ETH in just
two hours. In total, the team raised more than 20,000 ETH from over 5000 users
hailing from 142 different countries.
PRODUCT ROADMAP
2015
Idea behind Sapien
is conceived and
development begins
2016
Closed alpha is
launched, written with
full-stack javascript
2018
Sapien Token Sale
Q4
(Polaris Release) Revamped UI/UX and improved scalability
2019
Q1
Blockchain audibility,
cryptographically
signed actions
Q2
Wallet, Native Mobile
Apps, Reputation and
Proposal Testnet
Q3
SPN Platform
Tokenization
Q4
Network
Experimentation
Period
2020
Q2
Computation on
the Blockchain
Q4
Democratized
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: Director of Engineering
Aurélien Nicolas: Blockchain Advisor
Lynn Connolly: Compliance Advisor
Sabbir Ahmed Siddiquee: Software Engineer
Mahmoud Abed: Full-stack Software Engineer
Ethan Escareño Rosano: Lead Developer
Marco Tabasco: Blockchain Engineer
Advisors
Latif Nathani: Product & Marketplace
Gregory Berkin: Business & Marketing Strategy
Christian Ferri: Blockchain & Investor Relations
Adnan Javed: Blockchain Advisor
Gregory Berkin: Business & Marketing Strategy
Dr. Po Chi Wu: Blockchain & Fintech Expert
Conclusion
By eliminating transaction fees for users who have staked SPN on the platform, we will forgo profit to increase the utility and longevity of the SPN token. Our goal is to ensure that the growth of the platform and company are positively correlated. The Sapien marketplace will help establish the tokenized SPN economy, using the power of the Blockchain to unlock millions of dollars worth of virtual goods, content, and services.
To get even clearer information please visit the link below:
Website : https://www.sapien.network/?utm_source=ts&utm_medium=bitcointalk&utm_campaign=article
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
Youtube : https://www.youtube.com/channel/UCbHEEvTMypRrn9k-bmTTyqg
Author : zorzia
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