SID (Share Internet Data)
What is SID?
SID (Share Internet Data) is a peer-to-multi-peer decentralized internet sharing system that allows sharing internet from one person's smartphone to another nearby in an automated manner. One of our key missions through the SID project : “To lift as many people as possible out of poverty by means of giving the less fortunate a way to access the Internet”. Certain users will be able to get free Internet access by obtaining tokens in exchange of consuming advertising. Such obtained tokens can then be used to consume internet megabytes from other nearby Users in exchange for tokens OR Users will simply trade some of their tokens directly with other SID Users. Those trades will be done simply through a secured blockchain, on a public exchange to ensure full transparency with the control of the tokens and the control of sharing internet or not fully decentralized, meaning solely under end-user’s control through their post ITO (Initial Token Offering) token Wallet inside the SID App.
About SID Token
A peer-to-peer and peer-to-multi-peer internet sharing eco-system (Share Internet Data or SID for short) that will allow sharing internet from one person’s Smartphone to another, specifically offering internet access to those less fortunate in society. This solution will however also allow individual returns to those who share their internet with others. Tokenomics are ensured by allowing users of this solution to trade traditional or crypto-currency into our future SID tokens and vice-versa, trade SID tokens for megabytes of internet data and vice-versa, trade consumed advertising into SID tokens, and trade (send and receive) tokens between users of the SID eco-system.
We propose a solution to the status-quo where internet is mostly obtained from traditional service providers or mobile network operators. Our novelty is achieved by using crowd sourced internet in a peer-to-peer structure between nearby Smartphones as per our fully in-house developed intellectual proprietary eco-system based on: pending PCT patent WO2016124915A1 filed in 2015 and going forward provisional USPTO patent Application Number 62588951 filed in 2017. The Smartphones will automatically share internet with nearby smartphones or tablets, based on a set of parameters, and upload the encrypted users’ trades to BlockChain custodians. Such trades as described above will create future token growing liquidity in line with our company revenue growth.
In this way, the key company mission of SID “To lift as many people as possible out of poverty by means of giving the less fortunate a way to access free internet access” is also achieved. The less fortunate will be able in future to get free internet access by collecting tokens in Summary of the Whitepaper (version of 18th April 2018) exchange of consuming advertising but without paying a penny for it. Such obtained tokens are then to be used to pay for consumed internet megabytes OR users can cash-out token through traded exchanges where other SID users will buy those to consume on the SID eco-system.
One of the key features of this SID eco-system solution is that it will reward everyone, also the more fortunate well-off people of society to share their mobile data or private home Wi-Fi in exchange of tokens:
(i) Till to date any non-consumed mobile data at the end of each month, on most traditional network operator’s contracts, is simply lost. Our solution allows these users to recover part of that in tokens through obtaining tokens for sharing their mobile data with other nearby SID users, not letting those otherwise unused megabytes go to waste each month.
(ii) Till to date any non-consumed home Wi-Fi data at the end of each month, on most traditional internet service providers contracts, is simply lost too. Our solution will allow SID users to recover part of that in tokens through earning tokens for sharing home Wi-Fi internet with other nearby SID users, not letting those otherwise unused megabytes go to waste each month.
Please be sure to check your network operator or internet service provider terms and conditions, because some have a small print stating that the internet they purchase is only for private use and thus not for re-sale. Although anyone can activate on a smartphone the tethering or hotspot function, the mobile operator who provides the SIM can disable this option remotely although this is rarely done anymore. SID therefore includes an end-user setting to allow sharing automatically its Mobile data or not with nearby SID users and is prompted to confirm. SID is the ultimate of de-centralization because only the end-user decides if it shares its internet AND if it gets paid in tokens for its shared internet.
In the same way as in the previous case, this SID solution incentivizes users to share their home or business internet data without giving their private or business password to any other person. Actually, traditionally, people used to give the password of their home Wi-Fi to visitors thereby exposing the security of everything connected to their internal Wi-Fi network. In our SID solution the user who is home shares internet with visitors through his Smartphone or tablet, over an encrypted proprietary link and therefore nobody has access to the internal Wi-Fi network at all.
Our technology SID-SDK is available also through a 3rd party APP, Dunkin Donut´s franchise in Spain called Dunkin Coffee, through Frinwo S.L. in Spain, which resulted in 250,000 downloads of which 91,000 active mobile users who in turn will share internet with our own future SID users. Download our APP from the Play Store and App Store from our web:
https://ShareInternetData.io/.
DOWNLOAD THE APP
BudgetOur total bounty & referral program in aggregate budget is four hundred million (400m) SID Tokens equivalent fiat of four million EURO (4m €) at, excluding bonus or discounts, 1 SID Token at 1cent €.
Note:
A separate Bounty & Referral programs may potentially take place through 3rd parties, at the Company (SID Limited) sole discretion for an additional 400 million SIDT equivalent fiat of 4 million € at, excluding bonus or discounts, 1 SID Token at 1cent €.
A separate budget of a further additional total Airdrops programs in aggregate budget of 200 million SIDT equivalent fiat of 2 million € at, excluding bonus or discounts, 1 SID Token at 1cent € will be allocated and announced separately.
This SID bounty & referral programs will run until the end of the Initial Token Sale (ITO) or when all the bounty & referral tokens of each program are distributed or earlier if so decided at the Companies´ sole discretion.
General Bounty and Referral Program Rules– Any misrepresentations of the project or false claims are not permitted.
– Use our whitepaper and this content guide as a basis for your work & inspiration.
– We aim to check and analyse all the provided information daily, rewards are aimed to be counted weekly.
– It is strictly prohibited by law and by these rules to present directly or indirectly SID token as an investment or encourage people to buy the token for high return profits. Only promoting SIDT as a product is allowed.
– The bounties will be paid after a positive audit of your work and within 30 days after the token reaches the first exchange.
– You can join the bounty campaign at any time during the ITO or before the ITO ends.
– Prohibited: negative trust members, multi-accounts, spamming, bots, cheating, using someone else’s work, multiple signatures for the same users or any other activities that we may find or deem fraudulent.
– If any are found or deemed to as fraudulent activity or cheating, then all the bounty tokens will be retired, your participation will be banned and payment will be denied to you.
– We reserve our right to eliminate you from our system, if we think you haven’t been honest with your work & we reserve the right to change the bounty campaign rules at any time at our sole discretion.
– Bonuses earned during the bounty-campaign will be credited to the participants’ accounts within a week after the closing of the Initial Token Sale period and after the tokens are listed on an exchange.
– Reward system may be subject to change depending on the number of enrolments in each category.
– USA citizens and people who reside in the PRC (People’s Republic of China) can´t participate and are not allowed to receive any free SID Tokens at all, nor is anyone holding SID Tokens allowed to sell any to a USA citizens or a person who resides in the PRC.
Bounty & Referral Benefits:Follow these below steps to get free SID tokens:
1.- Go to the SID website and
login clicking here or if you do not have a SID account than first
create your private SID account by clicking here.
2.- Once you are logged in to your “SID – Private Area” click on the sub-menu on the top left of your screen and select in the drop-down option the second down starting from the top
“Referral link” or simply click here.Then click on the button called “Copy Link to Clipboard” and paste it and send it to all your contacts by email, chat, or through all your social media networks writing this message “Join this exciting SID Token project and Register by clicking on the link of this message!”. You can also use that unique link to hyperlink text or photos when posting on your social media channels.
3.- Inside your “SID – Private Area” same place as above point (2.-) just under the button “Copy the link to clipboard” click on the button called “Invite a friend by email” and enter in the appropriate field a valid email address of an interested friend or family who would be potentially interested in purchasing SID Tokens
and get 50 SIDT. You will get the tokens if your friend or family Register / Whitelist before 2 weeks form the date of entering the email and continues Registered/Whitelisted with SID at least until the end of the formally announced Token sale period end. You can repeat the same process clicking again on “Invite a friend by email” for each new email you wish to invite to join SID and obtain free tokens for each of them then Registers and validates his email.
4.- (a.-) From previous point 2 and 3 onwards when NEW users whitelist with SID using your referral link,
you will get 50 SIDT AFTER each new user’s email is validated. There is no limit per account on NEW Referral users Whitelisting other than the Bounty & Referral programs stop automatically giving out any additional free tokens when the above overall Total tokens limit is reached.
(b.-) When previous NEW users purchase SID Tokens (SIDT),
you will get 1% of the SIDT the NEW user purchases in aggregate during the token sale period if it’s less than the equivalent fiat value of five (5) thousand €, but
you will get 2% of that NEW user SIDT purchases for five (5) thousand € or higher, with the restriction that the Bounty & Referral programs stop automatically giving out any additional free tokens or any Bounty or Referral tokens when the above overall Total Bounty & Referral tokens limit is reached. For the avoidances of doubt the 1% or 2% referred to herein are paid in SIDT and are calculated as a % of the tokens purchased (excluding bonus tokens or discounts).
5.- Earn instant free tokens when you invite a friend to our
SID Telegram Group.
To invite a friend, just go to your private area which you access when logging into your account though the SID App or our website (
SID Android App,
SID iOS App, or
SID Website). Login to your account and in there copy your Personal Telegram Link and send it to a friend or multiple Telegram friends or family of yours.
When your friend or family clicks on the link, a chat will automatically open with our @SIDBountyBot
Tell your friend when you send him your Personal Telegram link that he must follow the follow these 4 simple steps:
(a) Register with us,
- here(b) validate his email
(c) complete his SID profile
(d) join the SID Telegram group by clicking on your personal Telegram Link that you have send to him/her.
Than upon your friend completing previous (a) to (d) tasks,
you will receive 50 SIDT (SID Tokens) which you will be able to see added in your own SID account (Private Area).
