SPHERE - The Future


We are living in an era experiencing the blockchain technology, technology that will revolutionise the way of our lives. It created the backbone of a new type of internet by allowing information to be distributed but not copied. Not all people around the world are aware of this technology.


Blockchain was originally devised for Bitcoin, the digital currency. Apart from that, blockchain has other digital values too. You don't need to know how the blockchain technology works. However, a basic knowledge of blockchain technology shows us why it's considered revolutionary.

Blockchain was defined by Don & Alex Tapscott as:

“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
Blockchain is like an internet, plus that it has a built-in robustness. By storing blocks of information that are identical across its network, blockchain has no single point of failure and it cannot be controlled by any single entity.

Ian Khan, TEDx Speaker and an author talks about the blockchain technology as mentions some remarkable features. He says:

“As revolutionary as it sounds, blockchain truly is a mechanism to bring everyone to the highest degree of accountability. No more missed transactions, human or machine errors, or even an exchange that was not done with the consent of the parties involved. Above anything else, the most critical area where Blockchain helps is to guarantee the validity of a transaction by recording it not only on a main register but a connected distributed system of registers, all of which are connected through a secure validation mechanism.”
As mentioned before blockchain was used for the first ever cryptocurrency bitcoin, invented by Satoshi Nakamoto in 2009. Satoshi Nakamoto became popular for his inspirational bitcoin which was preceeded by over 1500 cryptocurrencies as listed on coinmarketcap

Blockchain is a technology which is transparent and incorruptible. In blockchain technology, transparency data is embedded within the network as a whole. Altering any information would mean using a huge amount of computing power to override the entire network and thus it cannot be corrupted. It looks possible in theory, but in practical this is unlikely to happen.

Blockchain has found numerous applications. Some use it for faster money transactions and some use it for health related issues. It will, in future, replace the conventional ways of treating diseases. It is used by countries like China to build smart cities too. There are so many other amazing things that can be achieved by blockchain technology.


Blockchain has an amazing application in socal media network. And social media is one thing that has had an immense effect on our lives. Social media was introduced to the world in early 2000's, but it printed its impact on people in the later half of the first decade of the 21st century.

Today, there are billions of users on social media giants like facebook, instagram, twitter and others and these networks have revolutionized the social world. These social networking websites have brought people closer to each other than ever. People are connected to the world through these websites and applications. Millions of users spend most part of their day on these networks communicating with one another, making friends, sharing information and creating exciting blogs. Some companies and users use these social media networks to promote their business too. This is best done by creating ads on these platforms.

These social networks have evolved with time and are getting better and better with time. Now that technology is at its peak, we should see some more improvements to these platforms. The question however is that what better can these social media networks bring? Has anyone thought that these social networks can become better?


Before answering these questions, let's know some facts about one of these social media networks. Let us talk about facebook.

You might be thinking that you don't pay facebook, and it's not just you, it's millions if not billions of people using this platform everyday, and for every active user facebook makes an average $5 USD per day. But the question is how does facebook earn so much money?

The data, for which you pay to your service providers, you consume on this network and the adds you watch on it, all adds to their revenue. They make huge chunks of money from your data and in reality that data doesn't actually belong to them. They snatch your data from you and sell it to the advertising companies and return get money from them. They might have mentioned this in their "terms and conditions" which you've already accepted while signing up. But this is not how a user should be dealt with. There should be a solution, there should be a transparency.



For every problem there is a solution. And the solution to this problem is blockchain. Blockchain, by design, is a decentralized technology. Anything that happens on a decentralized network is a function of the network as a whole.

There's a platform that has both these qualities i.e., all the ingredients of a social media network and the decentralized nature. Sphere is one among the few networks that works on the blockchain technology. It is a next generation social network that respects your privacy, gives you the data security which has been a huge concern and of course the transparency.

Moreover, you will get a share of the data you consume on sphere. Sphere was built on this idea that privacy, company transparency, and data security should be the fundamental building blocks of every social network and it's belief is that the millions those corporations are making off of your data doesn't belong to them, it belongs to you. It aims to give power back to the people. It does so by giving them the control of data which they consume on sphere.

Sphere highly reduces data tempering and the risk of attacks which may occur during the time of system breach.

Moreover, sphere is not just for its users but also for those who plan to advertise or promote their business, as sphere ensures to target the right consumers and thus cutting down the extra costs. Because of this, transparency, feature of blockchain technology in sphere, the data cannot be manipulated easily owing to its nature, the interesting buyers will get the data in original form which will then result in a higher projection of add conversion rates.

Apart from this, sphere also provides an e-commerce option within the network for its users where they can buy and sell products. To buy a product you just have to click on the purchase button and if you wish to sell a product you need to upload the picture of the product and mark a price for them. They interested buyers can then purchase your product in a similar way, i.e., by clicking on the purchase button. The purchases on the network can be made using Social Activity Tokens(SAT) and the process of addition and deduction will be done in no time.



SAT, Social Activity Token, can be used for trade within the network.SAT is a digital currency used to facilitate transactions within the decentralized network. SATs are also ERC20 compliant and you can store your SATs in MyEtherWallet, MetaMask, Mist or Parity. SATs will be listed on some key exchanges where you will be able to trade them too, and you can convert them into ethereum, bitcoin, litecoin a others. You can also convert them into fiat money as well.

Currently 1 SAT is valued at $0.14 USD and it's believed that the price is only going to go in positive direction. Because of its immense potential, it won't be wrong to say that this is the best cryptocurrency to invest in today.


Sphere is running an ICO, Initial Coin Offering, where you can buy SATs and we all know that if the product is good, then the ICO's can tough huge heights and this is why I believe that it will be a huge benefit for investors buying sphere's tokens because sphere IS a great product, aimed to revolutionize the social media networking.

You can buy SATs with a bonus too and this best time to buy them. The ICO started on 12th of February and will end on 9th of April this year. It was slated for 4 rounds and we are already in the penultimate round. To get most of this offer, head to sphere and buy these tokens with a bonus now!
650 million tokens were there for people to buy at the start of the ICO. The tokens that won't be bought, during the ICO, will be destroyed. This will thus result in an increase in the value of these tokens.

And yes! If you don't have any money to buy, sphere is still providing you many ways to earn its tokens by providing the bounty program. You can benefit from this program and get rewarded with SATs by spreading the word and promoting it to users around the world across different platforms. Depending on the quality and content of your promotion, sphere will reward you accordingly.

Moreover, you can earn 20 social activity tokens by making use of the sphere referral program. For every referral you and the one who signs up using your referral code will be rewarded with 20 SATs each. These programs are there to promote sphere to the world. So to get most of these programs, go to sphere, promote it to the world and get rewarded!

Sphere has recently initiated another amazing program, called Sphere Affiliate Program. You can benefit from this program immensely if a user, you referred, purchases some SATs during the crowdsale. You can earn 20% commission for whatever purchase they make using your affiliate link.

Sphere has got a very positive response from various ICO reviewing websites as well. Spread the word about this amazing platform and get rewarded immensely.

Sphere has released its mobile app for both android and IOS and it looks similar to facebook app. You can download it for both android and ios.

To know more about the programs of sphere and to get more info about it, please read the sphere Whitepaper
Website: https://sphere.social/
Bounty Program: https://sphere.social/bounty/
Sphere Affiliate Program: https://sphere.social/affiliate/
Telegram contact: https://t.me/sphere_official1

Comments

Post a Comment

Popular posts from this blog

Sphere - A decentralized social network

Image
Who would have thought a couple of hundred years before what world would be like?Communication and travel have turned this world into a global village. They have connected states, nations and continents. These evolutions in the technology and modern science have revolutionized life. The distances that were covered in days and months are now covered in minutes and hours. And communicating with people living outside your state was quite impossible and with those outside the country, it was a dream. Time changed and so did technology, now communicating with even those that are in different continents is just a mere work of fingers. Getting a contact of those who lived far used to take days and months, and sometimes years. Now with the introduction of internet our world has become a global village and communication has become easy, so easy that you can not just text them, not just talk to them, but even you can see them, living thousands of miles away from you, live in front of you. T...
Read more

SPHERE - The Future

Image
Our history of communication has been amazing. Communication system has amazingly evolved with time. There was a time when you couldn't easily communicate with your friends and relatives living far away from you. You could only send them messages via a traveler who happened to be going there. Then came the portal system which made contact and communication in general easier. It was a huge step at that time. But today if you were told that you couldn't communicate with anyone except through writing down a letter and putting it into the post box for the postman to deliver it to the person you have written it for. And then you will have to wait for the person to respond to you in the same long procedure. You will feel yourself living in the stone age, right? Well that's because of adaptation of our skills with the fast moving world. We cannot afford to stay where we are. We have to move forward for the betterment of our lives and society at large. After the postal s...
Read more

SPHERE - The Future

Image
From the use of pigeons to social networking, communication between humans has evolved through leaps and bounds. It has achieved some amazing feats at every step from the very beginning. As we evolved, communication evolved with us, and throughout the history of communication the ways to communicate have changed but the one thing that has remained constant is change. We are in an era where communication has reached its peak and you might think what more and what better can there be now. Messaging, audio calling, video calling, conferences throughout the world without any boundaries, you can do it all. And today using telegrams might not be an ideal choice in current times where you don't just communicate in your own society, state or country, we are connected globally now. But the question still remains, what more and what better? We have to evolve with time and we have to change. And I am happy to tell you that, YES!, we are evolving, we are CHANGING! You needed a change and an...
Read more