[REVIEW] SAPIEN {Decentralized Social News Platform}




INTRODUCTION

    A multitude of theories behind human intelligence suggest how fundamental social networks have been to the evolution of our species, Homo Sapiens.1 Whereas thousands of years ago the primary objective of interaction was survival, we now interact for numerous reasons, ranging from business to pleasure. Companies like Reddit and Facebook have enabled us to continue this ancient practice of socializing, while simultaneously driving open-source innovations like React.js and GraphQL. Another example of the earliest social activity is payments. Bitcoin is the first successful implementation of a borderless, cryptographical store of value enabling us to discreetly send funds to another person. Yet it was Satoshi Nakamoto’s brilliant idea behind the coin, the Blockchain, that has opened the floodgates of innovation. Immutable, hashed data is stored in blocks that are chained together to create a distributed database, secured with cryptography. This new technology has begun to disrupt everything from healthcare to banking to consumer apps. It is quite likely that we are witnessing the early stages of Web 3.0. Our team believes it is now feasible to combine the innate human desire for social networks with the immense power of the Blockchain to give each individual unprecedented control over their online social experience. We intend to build a democratized social platform that truly serves its users, fueled by a flexible cryptocurrency, SPN, built on the Ethereum Blockchain.


WHATS IS SAPIEN?

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


SPN is a flexible, ERC20-compliant cryptocurrency that will incentivize quality content, power all platform actions, and serve as the backbone of our tokenized economy.



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.

SPN Token Sale-
Token Allocation:
20% reserved for team and advisors (100M) » 6-month cliff with a 24-month vesting schedule
2% sold during Token Presale (10M)
43% sold during Token Sale Phase #1 (215M)
Up to 5% distributed as Bounties (25M)
30% in Sapien reserve for future Token Sales and Airdrops (150M)

SPN Distribution: Smart Contract will distribute tokens after Token Sale Phase #1 is complete.
-Token Sale completion: 250,000,000 SPN tokens are distributed or April 3rd, 2018, whichever comes first.
-Unsold SPN: SPNs not sold in the Token Sale will be transferred to the Sapien reserve.

SPN Utility
Tokens will exist in staked and unstaked forms. Staked tokens will provide users with platform functionality. Unstaked tokens will be listed on exchanges.

  • Tokens will exist in staked and unstaked forms. Staked tokens will provide users with platform functionality. Unstaked tokens will be listed on exchanges.
  • The token will keep track of a reputation within each community the user is part of, accumulating a score that reflects their expertise and reduces the spread of fake news.
  • Power a Democratized Autonomous Platform (DAP), enabling users to participate in organizational decisions and shape product roadmap with a proposal system.
  • Allow holders to purchase physical and virtual goods, content, and services in a decentralized marketplace.
  • Reward digital content creators who generate quantifiable value, determined with the consensus of the community.
  • Share ad revenue with users who opt-in to see advertisements. By staking more tokens, users can earn a larger portion of the revenue they generate for Sapien.

Roadmap




LEADERSHIP

SPN is an ambitious vision. It will be developed by experienced engineers and guided by knowledgeable advisors who are eager to make a social cryptocurrency a reality.

  Core

 | Ankit Bhatia, Co-founder & CEO

Studied electrical engineering and computer science at UC Berkeley. Designed, developed, and pioneered the Sapien platform during his junior year. Full stack JavaScript engineer who enjoys bringing great ideas to life. Crypto enthusiast and investor since 2013. YCombinator SUS’17 graduate.


|Robert Giometti, Co-founder & CPO

Studied Mathematics and Electrical Engineering & Computer Science at UC Berkeley. Spearheaded and developed many of the features, algorithms, and innovations in Sapien. Theorist who understands how modern technologies will transform future societies. YCombinator SUS’17 graduate. 


|Stefan Ionescu, Lead Solidity Dev

Currently working as a CTO for a startup focused on NLP. Building machine learning models for self-driving cars in games and now focusing on applying the blockchain in the insurance world. Enthusiast of studying neurobiology and applied psychology alongside multiple programming languages. 


|Matias Dorta, Marketing Strategy

Studied political science and marketing at American University and Florida International University. Previously Director of Marketing @ Bardot, The Loft at Space, More or Less, and PromotionalPartySticks. com. Founder of ICO Informer and Crypto swag. 


|Christopher Lee, Marketing Manager

Currently working as Director of Marketing for a growing IT company. Specialist in digital lead generation. Passionate about marketing strategy and new marketing technologies and platforms. Crypto enthusiast and investor since 2015 and believes the surface of Blockchain technology has barely been scratched. 


|Aurelien Nicolas, Security Expert

Product security expert, with experience in web, distributed systems, and crypto. White hat hacker. CTO of an AI-for-enterprise startup. Researching applications of cryptography and computation integrity. 


|Andy Boot, Head of Operations, Europe

Co-founded a Blockchain start-up in 2014, Cointemporary–the first Bitcoin gallery. Studied Communication Design and Fine Arts. Blockchain enthusiast with a UX/UI Design background, particularly interested in user experience for the Blockchain sphere.


|Oliver Dinsmore, Content Strategy

Digital marketer, writer, and content creator with over 15 years of experience spreading the e-love. Created 6000 pieces of content and worked with over 20 global brands to provide creative solutions in marketing and advertising. Founder of the naturalhigh.club 


Advisors

|Dr. Michaela Ulieru, Blockchain Expert

Professor Mihaela Ulieru, PhD is an expert in distributed intelligent systems working with many governments and organizations towards a healthier, safer, more sustainable and innovation-driven world. She founded two research labs leading several global large-scale projects in collaboration with international businesses such as Rockwell Automation, Daimler-Chrysler, SAP, Fanuc, BHP Billiton, Thales, NORTEL as well as government, academia and nonprofit leaders. She was appointed to numerous boards among which the Science Councils of Singapore, Canada and European Commission and recently to the Global Agenda Council of the World Economic Forum where she championed Blockchain as one of the Top 10 technologies of 2016. She advises several startups at the nexus of Blockchain and Artificial Intelligence, among which: LifeLink.com, MyBit.io, and SocialCash.io. 


|Christian Ferri, Blockchain Expert

Christian Ferri has been in the crypto space since its early days in 2010 and built a solid network of early adopter, influencers, experts, and visionaries over the years. He founded BlockOne Ventures in 2014, one of the first blockchain agencies to work on crypto related projects. Today the agency has helped companies like Bancor, Token Card and many others to successfully raise funds through ICOs. In addition, BlockOne Ventures delivers corporate training on Blockchain to Fortune 500, organizes a crypto event series in collaboration with Draper and is managing a crypto fund for selected high-net-worth investors.


|Adnan Javed, Legal & Blockchain Advisor

Adnan is a qualified Lawyer and Engineer. He has worked in the IT/Telecommunications space with international businesses such as Ericsson and Nokia for the past 10 years. Three years ago he discovered Bitcoin, which led him to explore Blockchain applications and use cases. He has worked on numerous Blockchain projects, including large scale bespoke Blockchain projects across internet of things, finance and payments sectors. He is an advisor to multiple Blockchain startups including ZenCash and ETHLend. He has a keen interest in how Blockchain technology will advance in shaping all industry sectors from an adoption, regulatory and policy perspective.


|Gregory Berkin, Business Strategy

Gregory Berkin is the Managing Director of Concours Ventures, a Silicon Valley boutique angel group focused on next generation geospatial, virtual, augmented and mixed reality (VR/AR/MR) applications for mobile devices. Greg is serial entrepreneur who founded several successful startups in Silicon Valley and New York. He has been an Apple software developer for over 30 years having founded one of the first educational software development and publishing firms for the Apple Macintosh Computer in 1984. With a computer science degree from Potsdam and an MBA from Duke University, Greg mentors, consults and advises over a dozen Silicon Valley start-ups in early-stage growth, strategy, investment, IP, and development in all areas of high technology. 


|Latif Nathani, Business & Marketing

Latif was most recently the CEO of eBay India. He grew the business from under $200M GMV in 2013 to nearly $500M GMV in 2016 and 5M+ customers. He exited with the sale of eBay India to Flipkart. Previously Latif co-founded eMemories.com (one of the first online picture sharing services) and 2 enterprise businesses at Microsoft (Systems Center and Speech Server). He also led global product marketing at Symantec and named/launched Norton 360. Latif has 26 years of technology industry experience, including 15 years at Microsoft.


|Raghu Bala, Media Expert

CEO, NetObjex Inc based in Southern California. Formerly with Yahoo, Infospace, Primedia, Source Interlink Media, PwC, and with 3 successful startup exits. Wharton MBA in Finance, MS in Computer Science from RPI, published author and major conferences including IoT Congress, Google IO, and more. Mr. Bala has significant domain expertise in the media industry having led digital operations for over 100 brands including MotorTrend, HotRod, Import Tuner, Automobile, and Slam. His responsibilities included managing digital assets across multiple mediums including web, mobile, video/YouTube channels, and social media. The portfolio of digital assets managed had a total visitor profile with monthly statistics of over 16M unique visitors and 100M pageviews. Mr. Bala also has deep expertise in search engine advertising and audience conversion from his stints at Infospace and Yahoo. Current focus areas: Decentralized computing, Distributed ledgers, IoT, Cryptocurrencies. 



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