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.
STO/ICO Status
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Basics
| Platform | Ethereum |
|---|---|
| Type | ERC20 |
| Accepting | ETH, BTC |
| Circulating Supply | 45% |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
Sapien is more than just a platform - it’s a movement that urges users to take back control of their social experience. By leveraging blockchain technology, Sapien is a fundamental paradigm shift in the way we interact, influence, and transact within online communities.
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.
Core Values
Democracy
Users should have a say in the communities that they are part of.
Privacy
Whether you want to be famous or anonymous, your data on Sapien belongs to YOU.
Free Speech
A fundamental principle that should be protected with disruptive tools.
Customizability
Each user should be able to tailor a social experience to their liking.
Key Features
Public/Private Browsing
Seamlessly switch between public and private modes to experience Sapien anonymously or with your real identity.
Subscriptions
Subscribe to branches to stay up to date with the latest posts from your friends and the world.
Friends, Groups, and Posts
Add friends, create groups, share posts, comment, and explore.
Feature-rich Chat
Join text and voice channels with our powerful chat interface to provide a more dynamic and engaging user experience.
Encryption
Protect your privacy online. 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.
Marketplace
Buyers & Sellers
Users will be able to purchase and sell physical and virtual goods, services and premium content on the Sapien marketplace using SPN tokens. Reputation scores will be integrated into the marketplace, enabling users to be confident that the vendor they are purchasing from is reliable.
Sapien
Sapien will charge a transaction fee to buyers and sellers on the Sapien marketplace which reduces as they meet certain thresholds of staked SPN. The thresholds will be determined with the Adaptive Staking model.
Ad Platform
Users
User privacy is a critical part of our philosophy and as such we will allow users to have complete control over their relationship with advertisements on Sapien. By default, users will see no advertisements and no personal user data will be collected without a user’s knowledge. If a user so desires, they can opt-in for Sapien to collect and allow advertisers to show ads to them. The more staked SPN a user has, the more SPN tokens they will receive for enabling advertisements.
Advisers
Ads will be purchasable on Sapien with SPN tokens and will be served to users who have enabled them. Advertisers will receive a substantial discount for purchasing ads with SPN tokens. Advertisers will also be able to place ads on public Tribes that align with their target audience. The advertising experience will be similar to existing social platforms, except a large percent of ad revenue will be given to users.
Sapien
The majority of revenue earned from ad purchases will be distributed to users who have enabled ads. Users will receive at least 50 percent of the revenue from ad purchases. The ratio of revenue distributed is dynamic and will be adjusted to keep the platform afloat. All ad transactions will be publicly viewable on etherscan.io. This way, Sapien can assure transparency and our users will retain full control over their experience on the platform.
Roadmap
2019 Q1
Build infrastructure for Democratized Autonomous Platform
2019 Q2
Roll out decentralized marketplace, premium content and features
2019 Q3
Open developer platform to third-party applications and integrations
2019 Q4
Optimize platform to scale and add 1M new users per month
2020 Q2
Tokenize user data and extend token use to other websites
2020 Q4
Add 10 million new users per month
