I came across a lavish campaign on a new cryptocurency by sphere.social which is SAT (Social Activity Token). Do anyone by chance know how legit this is .
Sounds like a ICO to me. And just a simple search in the forum will give you this results. They have their ANN thread here:
https://bitcointalk.org/index.php?topic=2224056.0It's really hard to distinguished which one is legit and which one is not. Just that they have a lavish campaign doesn't mean that they are trusted. There are good enough information on that thread. You can read everyone's comment and decide for yourself if they are legit or not.
Spoiler: There are doubts cast on the beginning of the part about the who is the team behind. I don't want to spoon feed you with all the details. Goodluck though if you are planning to invest on it.