Sphere is a new generation of decentralized social networks. Sphere is built on the idea that privacy, corporate transparency, and data security should be the fundamental building blocks of any social platform. Sphere builds the key principles of privacy and security as an irrefutable right, providing protection and security for every user that has never happened before, letting you connect with everyone you know safely and higher, safely.
Through a large collection of centralized servers that are vulnerable to hacking store sensitive data sets to be used as appropriate companies. Instead, a more transparent, honest, and open blockchain format lets each user store data. So Sphere is a decentralized social network with blockchain based. The network will contain its own cryptocurrency called Social Activity Token, or SAT.
To start this starups, Sphere offers ICO as well as a promotional campaign with prizes or often called Bounty Program. For those of you who participate in this bounty campaign you will get a $ 10 SAT Prize Token equivalent. The trick is please follow the steps below.
1. First you simply register Sphere Here
https://sphere.social/?ref_code=orf0gux7rnql
2. Do not forget to verify email to get 200 SAT Token bonus
3. After that, click Home then login using your email and password
4. Copy / copy your refferal link, then share or invite your friends. When a friend signs up using your refferal link, you both get 200 SAT, and they get an additional 20% bonus when they buy SAT.
Price On ICO (Initial Coin Offering), 20 SAT = 1 USD.
5. SAT Prizes Token will be divided after ICO is completed and can be redeemed with ethereum, bitcoin, or other cryptocoin on the listed exchange / exchanger.
So please invite / invite friends or others as much as possible if you want to get SAT Token for free, SAT nantinnya the price will go five fold from the current price of ICO, after listed on exchanges / exchangers.
You can also buy SAT at Presale / pre-sale with SAT bonus up to 45% at ICO.
What is SAT?
SAT is the new digital cryptocurrency of Sphere, which will be launched on January 1, 2018.
What are the benefits of SAT (SAT Tokens)?
SAT is an ERC20 token issued by Sphere. All SAT token holders are entitled to a share of the company's profits. 30% of Sphere's profits are paid to the token holder automatically, with each receiving a proportional share with their existing token tokens. Your Profit Share Payout (30% x Sphere Benefits x Tokens you hold) / Total Token.
What is the Escrow token requirement for Pre-sales?
Your SAT purchase fund is stored in escrow by Sphere. Funds are not exchanged unless the following conditions are met:
1. The Network Sphere Social Network runs in October, on schedule
2. SAT evidence is issued at the upcoming ICO.
If one or other conditions fail to occur, your funds will be returned to you.
NB: Escrow is a financial arrangement whereby a third party holds and regulates the payment of the required funds to two parties involved in a particular transaction. This helps make transactions more secure by saving payments in secure escrow accounts that are only released when all the terms of the deal are met are overseen by the escrow company.
What is ICO?
ICO (Initial Coin Offering) is one of the alternative ways to fund for starups and pilot projects transparently using blockchain networks. The objective of ICO is to raise funds to develop the projects they develop.
In an ICO campaign, the percentage of cryptocurrency is sold to the initial supporters of the project in exchange for tokens or other cryptocurrencies. More details you can read the article on What Is ICO?
Can I redeem my SAT in the digital currency exchange?
Sphere has completed the required application to get SAT listed on several main exchanges. They are discussing with the exchange now, and anticipate an immediate listing of at least one exchange after the coins are launched.
When will I receive my SAT?
Your SAT is backed up when you make a purchase. You will receive it in Initial Coin Offering (ICO).
What if the minimum target is not reached?
To protect buyers against events if the first targets are not met during ICO, Sphere has worked with escrow providers to ensure buyer protection. If at first ICO the target is not met or exceeded, all money will be returned back to the respective party.
How do I receive SAT dividends?
Every month, 30% of profits earned over the previous month will be transferred to SAT token holders.
Is SAT ERC20 appropriate?
Yes, the SAT token offer is completely compliant with the ERC20 protocol.
Wallet used to store SAT?
SAT Token is standard ERC20, therefore it can be stored using various Ethereum wallets. Spheres will then provide a special wallet, but for the moment Sphere recommends using MetaMash, Mist, or MyEtherWallet until an option is available.
How can I use SAT after ICO?
As soon as the initial offer is complete, SAT token holders will be able to swap their tokens on the listed crypto market. In addition, SAT token holders will collect dividends on the company's monthly profit.
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