Sphere | The Revolutions Social Network Based on Blockchain Techology

INTRODUCTION

Sphere social. Initial Coin Offering is the earliest coin offer by the developer, before it is launched into the free market. As developers experience limited funding, they typically conduct ICO programs to raise funds to develop their digital coin projects. Thus the project can be completed as soon as possible.

What is The Sphere?

Social media / Network is a computer-based technology that manages the creation and sharing of information, ideas, career interests and other forms of expression through virtual communities and networks. These are websites and apps that allow users to create and share content or to participate in social networks. Simply put, this is a website where you can post events, daily activities, likes and shares images.

Misunderstands Are Problem In Initial Coin Offering

When engaged in the world of criptocurrency, there are many opportunities to participate in investment activities with promising benefits. This also applies to activities related to ICO (Initial Coin Offering). Moreover, startup companies are increasingly aggressively doing ICO. Those who need substantial funds to support the development of their projects, make ICO solutions to launch their new ventures.

In previous years, the success of ICO with the continued price of crypto currency soared, making ICO interest increasing. Entrepreneurs start up in droves to make ICO. However, do not just follow the business trend without understanding it more deeply.

For those of you who have long followed the business of criptocurrency, then chances are you have understood the ins and outs that exist. However, if you are a beginner, then you should make sure that your understanding of ICO is right.

In the world of criptocurrency, at least you know that you get a chance to fund a project through the crowdfunding platform. Make sure, you understand that any projects you fund have no promised products.

Basically crowdfunding platforms raise funds from anyone who has a lot of money. And those who participate in providing funds also have the freedom to provide funds to anyone. In essence, start-up entrepreneurs who enter the project into the paltform already have a business proposal with ideas and products to be made. However, their problem is in funding.

A feature of ICO is the rewards earned by the funder

The project owner usually offers some packages to the funder. Start the cheapest package up to the most expensive funding package. Each package has its own rewards. Usually for the cheapest package, funders will only get small trinkets. While the most expensive package will get exclusive superior products as rewards.

You need to know, every funder has their respective reasons in financing a project. Some funders hold the altruistic principle of the product to be funded. They hope the product will participate directly in the progress of the world. But some others, just take this opportunity to be an early adopter. They will benefit from the product in the form of price difference and purchase price. Both types of funders will often be found on ICO projects.

The new method introduced by ICO, the funder will be promised with a temporary token. This token can be used to swap new coins running on the platform. They make the smart contract platform as an option. Later, this token can be traded even before the main platform is finished. If you are confused, then you can analogy that the token is similar to the “features” product. That is, it can trade in future value at today’s price.

The funder is usually satisfied when it has managed to get a token. But please note, don’t misunderstand in terms of ICO. Many token owners think that this activity ends when the token has been successfully retrieved or the last product is a token. It should not be.

The gain on the final product does not mean that the value is the same as the token sold. Try to think about what to buy tokens at an expensive price, if we can make it ourselves. Yes! When you have the token source code and are able to access it, you can create a similar token with the same function as the original token.

In addition to funders, ICO project owners also need to be aware of themselves. The more funds raised the greater their responsibility for the success of the project. Some of you may have noticed that not a few people fail in ICO projects. Though the planned projects cost hundreds of millions to billions of dollars. Therefore, ICO regulations must be detailed and strict.

Responsible Projects Conducting ICO — Sphere

ICO regulations can protect funders from losing their money. In addition, good regulation will ensure the project owner is able to complete the project as planned. The problems that arise in the world of criptocurrency quite a lot. Privacy, transparency and data security are the main things that should be protected by a regulation.

As mentioned above, tokens are not the last product. Therefore, the token owner must demand the final product. In addition, the project creator must also work immediately to fulfill his promise. As a supporter, it may take a third party to make sure everything is going well.

Project that responsible is Sphere. The Sphere Sosial is present as a solution to the problem. Don’t be upset about the owner of the project is not responsible. Sphere performs ICO with trust able to realize the design that has been made successfully.

Sphere social project is very interesting. Not only by doing ICO in fund raising, but sphere also runs a business that includes criptocurrency. The reason the sphere performs the ICO is to raise funds for the creation of a more advanced world of criptocurrency. Sphere believes with opportunities that can be taken from blockchain technology. After sufficient funds, Sphere social is optimiscally capable of great influence in decentralized social networks. Sales of sphere products will be launched internationally.

Unlike other project owners, Sphere sosial offers rewards to funders in the form of social activity token, otherwise known as SAT. As mentioned above, the Token reward should not be the final product obtained. SAT has many uses. First, you can use for all systems in facilitating transactions. Token storage can be done in ethereal wallet. Of course, SAT can be traded on some existing exchanges. It means, when the initial offer is over, SAT can be redeemed on the listed exchanges.

Sphere can now be directly downloaded via google play store or Apple App Store. Any activity done in a sphere app will allow you to make a profit. This app will be an app that many people are interested in. This is because Sphere provides direct benefits to users individually, not on a corporate scale.

No need to worry about security, Sphere has a high regulation by promising super-tight security. The entire tracking history will be kept confidential. So no party can see. Unless the party pays you.

Join immediately with Sphere Social ICO, we’re the only platform that offers social tokens. What are you waiting for ! Reach your Token as soon as possible!