In the present era we see new applications are being introduced on daily basis. Personally i keep track of these new apps and i have tried many of them till now, but what i experienced, these apps are launched as the copies of previous ones, and i have also seen some are just changing the logo, color and theme, and a new name is given to the app. But we still need app developers, as some of them fill some niches that have not been explored yet in the past. Sometimes they come up with new innovations and the awaited problems are solved. So we can say changes are necessary but the change should always be positive.
Here i would like to introduce you with a positive change, and the change is Sphere
The aim of sphere is to provide you better social media experience. Infact, there are a number of social media applications and probably all features within social media are currently offered by the biggest social networking giant FACEBOOK, but sphere will introduce you with something that is the need of hour and desire of every social media user.
Have you ever heard of the term data brokers?
I guess you probably haven't heard it yet. Let me tell you that data brokers are the people who trade your data collected over internet. As the laws regulating data collection are not as strong as one may think. These brokers track your online presence and they can even predict your next moves of life with ease. The medium which helps them to know you is the social media, before the introduction of social media data brokers were very few in number or we can say nonexistent. The introduction of internet and social media encouraged their growth and the profits are increasing day by day. Let me give you an example of Acxiom. It started making billions of dollars as revenue yearly. Most of the collected data is sold to the advertising companies which are always in need of thatdata to come up with best ways of marketing their products online. Most of these companies even don't realize how much amount they waste on advertisements.
The marketing companies earn a huge amount of money by knowing the likes and dislikes of the customers through these social networking platforms, as we know that on these social networking platforms people of all age groups exist. Sometimes by certain social networking websites people are deemed to enter their personal details such as their likes, dislikes, interests, hobbies, and much more. This info remains public and it is very beneficial to these companies as they can target their customers directly knowing their desires, likes and interests.
Sphere is a blockchain based social networking platform which offers a decentralized data storage option.
Almost all of the current social networking platforms use centralized system of data storage. The centralized systems of data storage are always prone to hacking , which means your data is always insecure. One of the advantages of Sphere over the existing social networking platforms is that it is impossible for a hacker to hack sphere, a blockchain based platform. Moreover, data brokers will not be able to track anyone within Sphere platform.
Also sphere will ensure it's users with compensation for their data. Sphere wants to trickle down hundreds of millions of dollars spent yearly on advertising.
How does sphere plan to do this ?
Firstly, under this platform users will be compensated for the data they provide. This incentivizes submission of user data hence it encourages more people to submit their data willingly. Users will be able to track what type of data they submit and to what extent that data will be used.
Here the compensation will be provided in the form of social activity tokens which will be strictly available for use within sphere. SATs will be used as it's cryptocurrency within the platform for any transaction.
Data submitted by sphere users will be grouped accordingly and sold to marketing companies only after taking consent from the owner of content. This will simply decrease the the market for data brokers and increase advertising within sphere platform. Moreover as we all know people get attracted towards the social networking platforms easily if they have a right marketing strategy, which sphere has, thus it creates a large pool for advertising.
So companies will be able able to advertise their products at low cost that will probably help them to get better results for their products.Sphere also provides an e- commerce platform for it's users and companies to sell their products online. Moreover, the products can be viewed only by your friends and followers within sphere. Also the advertising options will be offered if a seller wants to increase the reach of his product to a larger group of audience.
Sphere tokens or simply SATs will be the basis of economy here. Sphere platform is made in a way to encourage the value of its cryptocurrency, SATs. Sphere is currently in its ICO stage and the reason behind the ICO is to provide people a chance to make most of it as the number of SATs is limited and no SATs will be produced anymore, which simply means that the SAT value is going to touch great heights in near future as with time, more and more users will join the platform and the demand will increase accordingly. So it is great time to invest here and make your future safe and secure. Moreover, sphere is providing a bonus on every purchase which means you are getting extra value for your money . If you don't believe click here to know the amount of bonus provided on every purchase.
source
There are only a few days left in the ICO as its first two rounds have already been completed and is currently in its third round. Whole ICO is going to end on 9th April 2018. Till now everything is going according to the plan and the soft cap has been already surpassed.
Moreover, if you don't have the money to buy SATs and you have a strong belief and trust in sphere. You can be the part of this platform and you can earn SATs just by spreading the word, and for that sphere is running different programs. To get details about the programs and to know their terms and conditions, please follow below links.
By using spher's referral program you can earn 20 SAT tokens on every referral. To join sphere from my referral link, please click here
this is almost one of those too good to be true type of stories but i do my research currently and this holds out i'll delete my facebook and join this in a heart-beat but i'm not saying it's fraud or anything i'm just skeptical but maybe they'll provide me with the inventive to want to pursue this website : )
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