Sphere ICO: Decentralized Social network
Hello, dear friends, today we will sort through the unique social network Sphere, and, as in past articles, let’s talk about her Bounty.
Crypto-technologies penetrated all spheres of our life, and social networks were no exception. Sphere is a direct confirmation of this. After all, this is a social network that uses blocking as a basis for protecting the personal data of its users.
This is the result of a long and painstaking work that has allowed to create a platform that combines simplicity, convenience, but at the same time is a high-tech product and a trading platform. And, therefore, today, we will again talk about Sphere, or rather about the features of its device and about the tools that will ensure the implementation of the ideas of developers.
Initially, advertising on the Internet was placed almost in a chaotic manner, the maximum that was taken into account is the direction of the portal where the advertisement is posted. But, having analyzed the state of affairs, advertisers realized that such an approach is ineffective and, at best, ignore such advertising.
Therefore, there was a concept that the goods should be offered to those who need it. And no one helped them more than owners of social networks. By selling data about the activity of their users, social networks have made personal data a commodity. But it also played a cruel joke.
Now, users do not trust social networks, in every way hiding the signs of their activity, because they know - all they will do, or search the network can become public, it is only worth paying a sufficient amount.
Thus, nothing spoiled this concept more than the policy of owners of social networks and their relation to the personal information of each user. Despite all the tricks on the part of advertisers, sometimes bordering on the violation of the law.
Recall, Sphere announced a revolution in the protection of personal data of users and the policy of advertising on the site. They completely abandoned the sale of data on user activity and made it the prerogative of the users themselves: each decides what he wants to do as a product for the advertiser.
How is everything arranged?
Well, first, the basis of all technologies is blockade. Data about all users, their activity, and also all payment operations are stored there, and all changes are coordinated with each block. Everything is clear. But how can advertisers get information about who to provide advertising to, how to form a target audience?
It's very simple, the user himself sells it to the advertiser. As we said in the previous review - the activity of the user of social network Sphere is a product. And he can sell it and get a reward for it in the form of SAT tokens, about them a little later.
Every time a user views an ad, he also receives tokens saved from the advertiser's account. You see, no unnecessary actions, the advertiser is in the black - he gets a real audience.
SAT - Tokens of social activity
Sphere social network tokens can be used as a medium of exchange, as well as a tool to encourage users and those who help the project. They will greatly facilitate users and advertisers to make settlements in the system, because the currency of the currency in different parts of the world creates converting difficulties.
SAT tokens fully comply with the ERC 20 standard and can be kept in all Ethereum-purses. Soon, Sphere will provide hosting-purses for its users. However, while this service is not running, they advise using MetaMask, Mist or MyEtherWallet.
And, unlike many other services, I'm already promoting my Sphere token on the exchange. And this means that very soon they will be able to trade.
Honest advertising portal Sphere
Developers plan to create a portal where users can create full-fledged advertising offers. And this will create another advantage, which is so characteristic of block projects-the elimination of intermediaries. You no longer need to contact the advertising companies for help, so that your ad is seen by users of the social network.
Another good sign is that Sphere is already available for use. Beta versions of the application can be obtained free of charge in the Play Market and the App Store. We could not resist and also tested the portal, and while everything looks very good. Externally, it is very similar to many popular social networks, only in contrast to Facebook, everything here is intuitive and beautiful at once.
Official website: sphere.social
White Pages: Sphere_Whitepaper_v1.7.4.pdf
Author : yuni52
my ETH : 0x74E059FEcCE332dd6E34dC6080eE4E9a51060d2c
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