[ANN][ICO] Sphere - Decentralized Social Networking >200,000 users

[cantdecide]

i have asked the devs team on telegram and they said they dont pay for dividends

That is right. There will be no dividends, but there will be rewards for social activity, etc.

Yes, one of the team just recently clarified the misunderstanding regarding dividends. But I'd like to know how this reward program is working.

Where can I find the clarification statement?

Hello!  There’s been a lot of talk about dividends on the thread.  We’d like to thank you for bringing this to our attention, because our marketing team actually used the wrong word.  “Dividends” is not in our white paper, but it was on our website.  This was a serious error on our part and that word has been removed and replaced with “rewards”.   We apologize deeply for the confusion.

As for the questions about how SAT will be utilized on our platform for profit, we have plans to have users spend SAT as a currency within our network. We will incentivize the use of SAT in many ways, including the marketplace to trade tokens for goods or services, paying users micro-transactions for ad clicks, and various types of social connections.

Users will also have the choice of remaining anonymous or getting paid by making decisions about what personal information and browsing data to sell.  Several other incentives are still being planned and developed and will be announced to the public at a later date.

I'd like to further clarify our plans to incentivize SAT so that it will increase in worth:

1. Social transactions - Make use of SAT to send money to another user.
2. We plan to integrate a Marketplace. - Users can simply create products or advertise services that their friends can see and purchase using SAT
3. Sphere Ad Platform - Users can easily advertise their products by displaying targeted ad pieces in the news feed. Users will have to pay for the advertising space. The platform will feature per-click and per -impression functions and cost will be deducted automatically from the seller's wallet.
4. Users will be getting paid if they allow a portion or all of their of their data to sold. 

Marketplace will be inside your social network? O this will be separately marketplace?

I think it's integrated like in Facebook for example, which has also a marketplace function recently.

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[canman]

Question on the US citizen.  If i decide to purchase the tokens and dev finds out that Im a US citizen, what will you do with my tokesn? thanks

if you do the kyc process with your documents, you wont even have a chance to buy the tokens as a us citizen. they will exclude you from their sale.

you can get tokens later, when they hit exchanges like etherdelta and others.

Please explain KYC?

[canman]

Question on the US citizen.  If i decide to purchase the tokens and dev finds out that Im a US citizen, what will you do with my tokesn? thanks

if you do the kyc process with your documents, you wont even have a chance to buy the tokens as a us citizen. they will exclude you from their sale.

you can get tokens later, when they hit exchanges like etherdelta and others.

Please explain KYC?

Disregard post, kill your contract

[SEELE^^01]

Question on the US citizen.  If i decide to purchase the tokens and dev finds out that Im a US citizen, what will you do with my tokesn? thanks

if you do the kyc process with your documents, you wont even have a chance to buy the tokens as a us citizen. they will exclude you from their sale.

you can get tokens later, when they hit exchanges like etherdelta and others.

Please explain KYC?

Disregard post, kill your contract

lol bro you are indeed funny kill your contract is pretty accurate, but it means really:

kyc = know your customer

Oo"

[openair]

The features around the sphere platform will be very important for the success of it. If there is a lot of useful features, like a marketplace for exemple, and compliant with blockchain users and decentralized spirit, the platform can be used by a lot of people.

[canman]

Question on the US citizen.  If i decide to purchase the tokens and dev finds out that Im a US citizen, what will you do with my tokesn? thanks

if you do the kyc process with your documents, you wont even have a chance to buy the tokens as a us citizen. they will exclude you from their sale.

you can get tokens later, when they hit exchanges like etherdelta and others.

Please explain KYC?

Disregard post, kill your contract

lol bro you are indeed funny kill your contract is pretty accurate, but it means really:

kyc = know your customer

Oo"

lol thanks good laugh

[PS92]

i have asked the devs team on telegram and they said they dont pay for dividends

That is right. There will be no dividends, but there will be rewards for social activity, etc.

Yes, one of the team just recently clarified the misunderstanding regarding dividends. But I'd like to know how this reward program is working.

Where can I find the clarification statement?

Hello!  There’s been a lot of talk about dividends on the thread.  We’d like to thank you for bringing this to our attention, because our marketing team actually used the wrong word.  “Dividends” is not in our white paper, but it was on our website.  This was a serious error on our part and that word has been removed and replaced with “rewards”.   We apologize deeply for the confusion.

As for the questions about how SAT will be utilized on our platform for profit, we have plans to have users spend SAT as a currency within our network. We will incentivize the use of SAT in many ways, including the marketplace to trade tokens for goods or services, paying users micro-transactions for ad clicks, and various types of social connections.

Users will also have the choice of remaining anonymous or getting paid by making decisions about what personal information and browsing data to sell.  Several other incentives are still being planned and developed and will be announced to the public at a later date.

I'd like to further clarify our plans to incentivize SAT so that it will increase in worth:

1. Social transactions - Make use of SAT to send money to another user.
2. We plan to integrate a Marketplace. - Users can simply create products or advertise services that their friends can see and purchase using SAT
3. Sphere Ad Platform - Users can easily advertise their products by displaying targeted ad pieces in the news feed. Users will have to pay for the advertising space. The platform will feature per-click and per -impression functions and cost will be deducted automatically from the seller's wallet.
4. Users will be getting paid if they allow a portion or all of their of their data to sold. 

Thanks for the quote/explanation. I still think that even by chaging dividends to rewards, your lingo makes this proeject at risk of being a security. Do you plan on selling to the US?

[the_donald]

Question on the US citizen.  If i decide to purchase the tokens and dev finds out that Im a US citizen, what will you do with my tokesn? thanks

if you do the kyc process with your documents, you wont even have a chance to buy the tokens as a us citizen. they will exclude you from their sale.

you can get tokens later, when they hit exchanges like etherdelta and others.

that's one of the things that irks me. you can still get tokens just not in the ICO. what's the point of the process? just to jump thru regulatory hoops?

[Piggy]

Question on the US citizen.  If i decide to purchase the tokens and dev finds out that Im a US citizen, what will you do with my tokesn? thanks

if you do the kyc process with your documents, you wont even have a chance to buy the tokens as a us citizen. they will exclude you from their sale.

you can get tokens later, when they hit exchanges like etherdelta and others.

that's one of the things that irks me. you can still get tokens just not in the ICO. what's the point of the process? just to jump thru regulatory hoops?

The company need to comply to certain law and regulations. Its the law if they want to do the sale.

[lobat999]

The features around the sphere platform will be very important for the success of it. If there is a lot of useful features, like a marketplace for exemple, and compliant with blockchain users and decentralized spirit, the platform can be used by a lot of people.

I think such features will be implemented gradually during the course of its development. Community feedback is essential for its successful implementation.

[premium_domainer]

Question on the US citizen.  If i decide to purchase the tokens and dev finds out that Im a US citizen, what will you do with my tokesn? thanks

if you do the kyc process with your documents, you wont even have a chance to buy the tokens as a us citizen. they will exclude you from their sale.

you can get tokens later, when they hit exchanges like etherdelta and others.

that's one of the things that irks me. you can still get tokens just not in the ICO. what's the point of the process? just to jump thru regulatory hoops?

I don't think it is legal to buy them even on exchanges.

The only difference is, it is not the companies problem anymore. They are only obligated not to sell through ico process. They can't do anything beyond that.

[Sphere_Official]

i have asked the devs team on telegram and they said they dont pay for dividends

That is right. There will be no dividends, but there will be rewards for social activity, etc.

Yes, one of the team just recently clarified the misunderstanding regarding dividends. But I'd like to know how this reward program is working.

Where can I find the clarification statement?

Hello!  There’s been a lot of talk about dividends on the thread.  We’d like to thank you for bringing this to our attention, because our marketing team actually used the wrong word.  “Dividends” is not in our white paper, but it was on our website.  This was a serious error on our part and that word has been removed and replaced with “rewards”.   We apologize deeply for the confusion.

As for the questions about how SAT will be utilized on our platform for profit, we have plans to have users spend SAT as a currency within our network. We will incentivize the use of SAT in many ways, including the marketplace to trade tokens for goods or services, paying users micro-transactions for ad clicks, and various types of social connections.

Users will also have the choice of remaining anonymous or getting paid by making decisions about what personal information and browsing data to sell.  Several other incentives are still being planned and developed and will be announced to the public at a later date.

I'd like to further clarify our plans to incentivize SAT so that it will increase in worth:

1. Social transactions - Make use of SAT to send money to another user.
2. We plan to integrate a Marketplace. - Users can simply create products or advertise services that their friends can see and purchase using SAT
3. Sphere Ad Platform - Users can easily advertise their products by displaying targeted ad pieces in the news feed. Users will have to pay for the advertising space. The platform will feature per-click and per -impression functions and cost will be deducted automatically from the seller's wallet.
4. Users will be getting paid if they allow a portion or all of their of their data to sold. 

Marketplace will be inside your social network? O this will be separately marketplace?

Yes, this will be inside the network itself. You can download the app to check out our beta prototype.

[Yasemin]

Question on the US citizen.  If i decide to purchase the tokens and dev finds out that Im a US citizen, what will you do with my tokesn? thanks

if you do the kyc process with your documents, you wont even have a chance to buy the tokens as a us citizen. they will exclude you from their sale.

you can get tokens later, when they hit exchanges like etherdelta and others.

that's one of the things that irks me. you can still get tokens just not in the ICO. what's the point of the process? just to jump thru regulatory hoops?

It seems pointless now, but I am afraid these are the first steps. They will probably make more regulatory rules in the future

[Frank37]

Question on the US citizen.  If i decide to purchase the tokens and dev finds out that Im a US citizen, what will you do with my tokesn? thanks

if you do the kyc process with your documents, you wont even have a chance to buy the tokens as a us citizen. they will exclude you from their sale.

you can get tokens later, when they hit exchanges like etherdelta and others.

that's one of the things that irks me. you can still get tokens just not in the ICO. what's the point of the process? just to jump thru regulatory hoops?

It seems pointless now, but I am afraid these are the first steps. They will probably make more regulatory rules in the future

Yes, I also fear, that they want a big piece of the cake.
My teacher called it The land of unlimited possibilities, but its limitations are obviously, every day. 

[hicaribou]

The features around the sphere platform will be very important for the success of it. If there is a lot of useful features, like a marketplace for exemple, and compliant with blockchain users and decentralized spirit, the platform can be used by a lot of people.

Yeah, there will be a sphere marketplace in Q3 2018, there are other projects with this kind of product/development.
I really want to see sphere's strategies to compete with them.

[Yasemin]

The features around the sphere platform will be very important for the success of it. If there is a lot of useful features, like a marketplace for exemple, and compliant with blockchain users and decentralized spirit, the platform can be used by a lot of people.

Yeah, there will be a sphere marketplace in Q3 2018, there are other projects with this kind of product/development.
I really want to see sphere's strategies to compete with them.

Right now, many of these platforms are using the same features (like marketplace). It is going to be a big competition between these platforms, in the end only 1 or 2 will succeed

[hicaribou]

The features around the sphere platform will be very important for the success of it. If there is a lot of useful features, like a marketplace for exemple, and compliant with blockchain users and decentralized spirit, the platform can be used by a lot of people.

Yeah, there will be a sphere marketplace in Q3 2018, there are other projects with this kind of product/development.
I really want to see sphere's strategies to compete with them.

Right now, many of these platforms are using the same features (like marketplace). It is going to be a big competition between these platforms, in the end only 1 or 2 will succeed

Yes, 1 or 2 place for successful global marketplace, but if they can manage about their target properly, they can also be successfull.
Like there are a few successful online shops in my country but not globally.

[CryptoCutie]

will  the Sphere marketplace also have a dex for trading?

[hicaribou]

will  the Sphere marketplace also have a dex for trading?

No, i didnt find any information about a dex in the platform.
You can use existing exchanges for that.

[BY_ATOM]

I'd like to further clarify our plans to incentivize SAT so that it will increase in worth:

1. Social transactions - Make use of SAT to send money to another user.
2. We plan to integrate a Marketplace. - Users can simply create products or advertise services that their friends can see and purchase using SAT
3. Sphere Ad Platform - Users can easily advertise their products by displaying targeted ad pieces in the news feed. Users will have to pay for the advertising space. The platform will feature per-click and per -impression functions and cost will be deducted automatically from the seller's wallet.
4. Users will be getting paid if they allow a portion or all of their of their data to sold. 

Many thanks for the clarification. You can elaborate on the fourth point. What kind of data are you talking about?

The fourth point sounds pretty similar to what the project DATUM is planning to do. So I assume you can decide if you wanna sell the data you put into the Sphere social network.

Yes is going to be like that, similarly to Datum indeed.

It would be nice to know if its a general settings or go deep in details.

It seems they are taking all best ideas from other projects, bringing it all together in one place. Very interested in seeing how it develops.

It's not a bad tactic! The project will definitely be successful. Let's wait for the sales results!