Sapein: Take back control over your Social Experience
Sapien is a social news platform capable of rewarding millions of content creators and curators without any centralized intermedia
Private beta launched with integrated chat and voice channels
Transition from an end-to-end encrypted platform to Blockchain application
Complete SPN white paper and begin Ethereum smart contract development
Launch testnet faucet and showcase token in Sapien
CEO & CO-FOUNDER
Studied Electrical Engineering & Computer Science at UC Berkeley.
Designed, developed, and pioneered the Sapien platform in his Junior year.
Crypto enthusiast and investor since 2013.
YCombinator SUS’17 graduate.
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.
Product & Marketplace
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.
Blockchain & Investor Relations
Christian Ferri has been in the crypto space since its early days in 2010 and built a solid network of early adopters, 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.
Business & Marketing 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.
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. 3 years ago he discovered Bitcoin which led him to explore blockchain applications and use cases. He has worked on numerous blockchain projects to date 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.
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.
Cost of the token6000 tokens for 1 eth
Price without discounts
Maximum Individual Contribution 300 ETH
Bonus Tier #1 Contribution greater than 250 ETH ($250,000) Token bonus 45%
Bonus Tier #2 Contribution greater than 100 ETH ($100,000) Token bonus 35%
Bonus Tier #3 Contribution greater than 50 ETH ($50,000) Token bonus 27%
Bonus Tier #4 Contribution greater than 10 ETH ($10,000) Token bonus 23%
Rate the project
Estimate the project on a five-point scale or switch to the simple scale
Estimate the project on a simple scale or switch to the five-point scale
Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
Rate the project by other users4
Monetizing of the content and payments for it with tokens is a quite progressive idea. The platform which provides decentralized and transparent payment to the authors and automatically designating the best texts can become very popular.
Risks and disadvantages
At least, there are four well-known and working platforms provide similar services, and it seems to me that project would not be able to overcome this competition.
In my opinion, even with all the demand of this kind services, this project probably wouldn't overcome the competition and wouldn't place on the market a competitive product.
The possibility for users to monetize content on the platform and receive real money for publication.
A large area of application for commercial accounts - news, sales, etc.
Risks and disadvantages
Too large share of tokens is allocated to the team and the platform reserve
High competition, not a primary idea
The presentation is superficial, not giving an idea of the unique features, advantages of this project. Organizers either do not know how to make presentations, or they themselves do not fully understand what their product differs from others
Users will be able to sell and purchase goods, services, content. Reputation scores will be integrated to prove reliability of vendors. Users will have voice in collaborating and shaping the community.
Risks and disadvantages
It is not the first project based on the same ideas of rewarding users for their content. Will be impossible to avoid the competition.
Receiving rewards for being a user and decrease by this measure number of fake news is a good idea. Platform promises respect of privacy and erasing of censorship. However, project will need powerful marketing company to take one of the leading roles of the market.
Social networks are very popular. It`s obvious that there is a competition, but as we know one person can be registered in many networks. Moreover this project claims to be different and to provide to users some advantages (no selling of data, no fake news and rewards).
Risks and disadvantages
There are some risks. This project may not become as popular as it is planned to become.
It is difficult to predict how popular this project can be. But it can.
Why the Blockchain?
1. Transparency: Ethereum Public Ledger to authenticate users and view all app transactions
2. Censorship Resistant: Centralized corporations cannot arbitrarily decide what constitutes free speech
3. Eternal Persistency: Inter-planetary file system architecture distributes and persists content forever
4. Token Functionality: Blockchain enables payouts, autonomous platform, and token-based social network
5. Extended Ecosystem: Long-term vision to tokenize user data, exclusive marketplace, and developer platform
Will SPN tokens be traded at exchanges?
Sapien is not actively seeking to be listed on exchanges. The team is focusing on integrating the SPN token in the Sapien ecosystem. It is up to exchanges whether or not they want to list the SPN token on their websites.
What will happen to unsold tokens?
Unsold SPN will be locked in the platform reserve to be sold, awarded, or burned to ensure the longevity of the token.
Which wallet should I use to store SPN tokens?
SPN is an ERC20 standard token so it can be stored in any Ethereum-based wallet. Sapien will eventually release a wallet for each user, but until then we recommend using Mist, MyEtherWallet or MetaMask.
What cryptocurrencies are accepted in the crowdsale?
For the presale, you will be able to participate only with ETH. For the Token Sale Phase #1 ETH and BTC will be accepted, along with any altcoins that Shapeshift.io supports.
Where can I purchase ETH?
There are many exchanges that sell Ethereum for fiat or cryptocurrency, including the following: Coinbase, Poloniex, Kraken, Bitstamp, Bitfinex, Bittrex, Cex.io
Please send your purchased ETH to a compatible wallet whose private keys you own and control, before sending to our address.
Can I send ETH from my exchange wallet?
No! Do not send Ether from any exchange wallet as you will be unable to receive SPN.
How will the Ad Platform work?
Empowering users by providing them with their SPN-tokenized user data that they can share with advertisers for additional rewards. Profits will be split 50-50 between users and Sapien, with the ability to earn more if a user holds more staked SPN.
I didn’t see an answer to my question
Please send us an email at [email protected] and we will try to address your question.