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March 16th, 2019
Yesterday at block #1567140 the PoS SPHR network was snapshotted and swapped as an ERC20 token onto the Ubiq network utilizing the independent proof work algorithm Ubqhash.
All users upon reviewing their balances should see a ratio of 1:5.
We want to thank Bittrex and the Ubiq team for their support.
Current supply can be seen in the Ubiq explorer: https://ubiqscan.io/token/0x20e3dd746ddf519b23ffbbb6da7a5d33ea6349d6
March 6th, 2019
Snapshot date has been moved towards the 15th of March.
More information in the Bittrex Zendesk article: https://bittrex.zendesk.com/hc/en-us/articles/360023996572-Support-for-the-Sphere-SPHR-blockchain-upgrade
February 27th, 2019
Infographic of SPHR distribution since launch:
February 23rd, 2019
It has been a while since we announced that we would swap to an ERC20 token on the Ubiq blockchain.
We have been waiting for Ubiq their hardfork to implement their own independent proof of work algorithm ( Ubqhash ).
The Ubiq hardfork took place on the 21st of November 2018, more information about the Ubqhash PoW algorithm can be found here:
https://blog.ubiqsmart.com/introducing-ubqhash-8fa515befd7
After the succesfull hardfork we have started the procedure with Bittrex exchange to arrange the swap.
We are very excited to announce that we have set a block number for the snapshot,the snapshot will take place at block #1555551 which will be on 6/3/2019.
The swap will be done in a 1:5 ratio, e.g. 1 SPHR on Bittrex held during the on-exchange snapshot will get you 5 SPHR tokens on the new chain.
If you don't have your SPHR tokens on exchange then you will be able to claim the new SPHR tokens later on.
More information regarding manual claiming will be added ASAP!
Bittrex Zendesk article regarding the swap: https://bittrex.zendesk.com/hc/en-us/articles/360023996572-Support-for-the-Sphere-SPHR-blockchain-upgrade
The old SPHR tokens will no longer be supported by our development team or traded on Bittrex.
August 23rd, 2017
New domain www.sphrpay.io
We have recently purchased and migrated to a new domain name. The site is currently under construction. We will be rolling out swap details soon.
There will be no additional sale of tokens or any kind of ICO, SPHR will be swapping to an ERC20 token with burn functions on the UBIQ network.
SPECIFICATIONS:
Ubiq (UBQ) based Token
PoW has ended.
Sphere matures in 6 Hours.
PoS Rewards:
3600 - 4100 = 3600 SPHR
4101 - 5000 = 360 SPHR
5001 - 12500 = 36 SPHR
12501 - 125000 = 3.6 SPHR
125001 - Forever = 0.36 SPHR
UPDATE May 9th, 2017
https://i.imgur.com/VZRvVHo.jpg
We're on Bittrex!
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