Pre-sale has finished. Beta admissions are closed - next pool will be after the crowdsale concludes.
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Take back control over your Social Experience

Total Tokens Sold (pending refunds):
156550598.49809474 SPN

Funds Committed (approximate and pending KYC):
$20041462.5977096
Ethereum Contributed in ETH: 20041.46259770956 ETH (Accepted in Pre-sale)
Litecoin Contributed in BTC: - (Accepted in Phase #1)
SPN Logo

Sapien is a highly customizable, democratized social news platform capable of rewarding millions of content creators and curators without any centralized intermediaries.

SPN Token

SPN is a flexible, ERC20-compliant cryptocurrency that will incentivize quality content, power all platform actions, and serve as the backbone of our tokenized economy.

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Token Sale Progress

SPN Utility

Establish a Proof of Value Consensus Protocol

  • SPN derives its value from its ability to collaboratively distinguish high quality content
  • Implement mechanisms to promote quality contributions and reward users accordingly
  • Contributions are evaluated throughout the network, accumulating domain-specific reputation score
  • Within Sapien, reputation will mitigate trolling and reduce the spread of fake news
  • Reputation is inherent to the SPN token and thus not restricted to the platform
SPN Utility 0

Launch the first Democratized Autonomous Platform

  • Create a truly autonomous social network by giving SPN holders real power over the direction of the platform
  • Give users a voice via our proposal system in organizational decisions, feature developments, and marketplace rewards
  • SPN stakeholders will be in a unique position to suggest and prioritize milestones
  • Cultivate a passionate and engaged community that evolves its values over time
SPN Utility 1

Build a Robust Marketplace and Incentivize User Contributions

  • Creators and Curators will receive payouts for content that have created quantifiable value
  • Users will be able to tip one another for posts and comments
  • Foster an altruistic environment that will support quality content and liberate creators from dependence on ad revenue
  • Launch a marketplace to enable SPN holders to purchase exclusive physical and virtual goods
SPN Utility 2

Power Future Applications on the Sapien Network

  • Build out a Developer Platform powered by SPN to offer users app integrations and permit external apps to leverage our user base
  • Launch Sapien API to integrate applications with SPN, allowing users to exchange and make purchases with a unified currency
  • Tether virtual items in integrated applications with the real world value of SPN
  • Establish a global reputation network on integrated platforms to fight fake news anywhere
SPN Utility 3

Core Values

Democracy

Users should have a say in the communities that they are part of.

Privacy

Targeted advertising is inherently flawed because it exploits user data.

Free Speech

A fundamental principle that should be protected with disruptive tools.

Customizability

Each user should be able to tailor a social experience to their liking.


Key Features

Public/Private Browsing

Seamlessly switch between public and private modes to experience Sapien anonymously or with your real identity.

Subscriptions

Subscribe to branches to stay up to date with the latest posts from your friends and the world.

Friends, Groups, and Posts

Add friends, create groups, share posts, comments, and explore yourself.

Feature-rich Chat

Join text and voice channels with our powerful chat interface to provide a more dynamic and engaging user experience.

Encryption

Protect your privacy online. Sapien protects your personal data and offers encrypted chat conversations.

Highly Customizeable

Every individual is unique. Have control over every feature and tailor your own social experience.

Beta Platform is Live

Live Beta

Token Sale

Presale

  • Dates: January 31 - February 15
  • Token Exchange Base Rate: Phase #1 rate +20% (final exchange rate will be fixed closer to presale)
  • Currencies Accepted: ETH
  • Tiered Contribution Structure:
    • >$250k: +45%
    • >$100k: +35%
    • >$50k: +27%
    • >$10k: +23%
    • <$10k: +20%
  • Token Distribution: Smart Contract will distribute tokens after Token Sale Phase #1 is complete
  • Minimum Presale Goal: No minimum

Crowdsale

  • Dates: March 20 - April 3
  • Total Hard Cap: 30,000 ETH
  • Currencies Accepted:
    • ETH: Natively supported.
  • Token Exchange Base Rate: 1 ETH = 6000 SPN
  • Bonus Structure:
    • March 20 - March 21: +15%
    • March 22 - March 23: +12%
    • March 24 - March 25: +9%
    • March 26 - March 27: +6%
    • March 28 - March 29: +3%
    • March 30 - April 3: no bonuses
  • Issuance Rate: All new tokens will be distributed to value creators within Sapien

Minimum Goal

Our minimum goal has been set strategically to ensure the Sapien core team can quickly, securely, and completely deliver on our promises for the SPN token and the Sapien platform. If our goal is not met, all investors will be refunded through our smart contract, minus any funds that were liquidated for marketing expenses.

Allocation of Funds (2018 - 2022)

Allocation of Funds
  • Administrative: To ensure day-to-day operations run smoothly as the project grows.
  • R&D: Development for SPN, including core team and community developers. Funds will be liquidated as our company milestones are met.
  • Marketing: We will encourage organic community growth and launch an incentivized referral program. Thus, we have a much smaller marketing budget than other similarly situated companies. Traditional media channels and Sapien will be used to reach our user base.
  • Legal: Compliance with the SEC and other regulatory entities will be a top priority for our token. Our budget is allocated to cover existing and any new regulatory laws applicable to SPN.
  • Security Audits: A separate budget has been allocated for continually auditing any new smart contracts our team develops, both for the SPN token and the Sapien platform.

Distribution of Tokens

Distribution of Tokens
  • 45% of SPN created during our token sale will be reserved for contributors who send ETH to the smart contract address.
  • 20% of SPN will be locked in a smart contract for the founders and team, subject to a 6-month cliff and 24 month vesting period.
  • 30% will go to our platform reserve which will be distributed to augment platform growth, distributed via Sapien, or burned to control inflation.
  • Up to 5% will be reserved for our bounty program, contingent on the total number of participants in the campaign.

Roadmap

Idea behind Sapien conceived and development begins

2015

Closed alpha is launched, written with full-stack javascript

2016

Private beta launched with integrated chat and voice channels

2017 Q1

Transition from an end-to-end encrypted platform to Blockchain application

2017 Q2

Complete SPN white paper and begin Ethereum smart contract development

2017 Q3

Launch testnet faucet and showcase token in Sapien

2017 Q4

Crowdsale and implement payouts for creators and curators

2018 Q1

Increase brand awareness and begin porting Sapien platform to a DApp

2018 Q2

Incentivize network effects and revamp UI/UX for crypto novices

2018 Q3

Ramp up marketing efforts; acquire 10k new users per month

2018 Q4

Build infrastructure for Democratized Autonomous Platform

2019 Q1

Roll out decentralized marketplace , premium content and features

2019 Q2

Open developer platform to third-party applications and integrations

2019 Q3

Optimize platform to scale and add 1M new users per month

2019 Q4

Tokenize user data and extend token use to other websites

2020 Q2

Add 10 million new users per month

2020 Q4
Sapien.network Vision

Our Team

Ankit Bhatia

Ankit Bhatia

CEO & Co-Founder
  • Studied Electrical Engineering & Computer Science at UC Berkeley.
  • Designed, developed, and pioneered the Sapien platform in his Junior year.
  • Full stack JavaScript engineer who enjoys bringing great ideas to life.
  • Crypto enthusiast and investor since 2013.
  • YCombinator SUS’17 graduate.
Robert Giometti

Robert Giometti

CPO & Co-founder
  • Studied Mathematics and Electrical Engineering & Computer Science at UC Berkeley.
  • Spearheaded and developed many of the features, algorithms, and innovations in Sapien.
  • Theorist who understands how modern technologies will transform future societies.
  • YCombinator SUS’17 graduate.
Aurélien Nicolas

Aurélien Nicolas

CTO
  • Product security expert, with experience in web, distributed systems, and crypto.
  • Built an AI-for-enterprise startup.
  • White hat hacker (smart contract bounties, webapps).
  • Researching applications of cryptography and computation integrity.
Matias Dorta

Matias Dorta

Marketing Strategy
  • Studied Political Science and Marketing at American University and Florida International University.
  • Founder of 41collective, an independent marketing firm with clients in the music, e-Commerce, and Blockchain sectors.
  • Founder of ICO Informer and Crypto Swag.
Stefan Lonescu

Stefan Ionescu

Lead Solidity Dev
  • Currently working as a CTO for a startup focused on NLP.
  • Building machine learning models for self-driving cars in games and now focusing on applying the blockchain in the insurance world.
  • Enthusiast of studying neurobiology and applied psychology alongside multiple programming languages.
Christopher Lee

Christopher Lee

Head of PR
  • Currently working as Director of Marketing for a growing IT company.
  • Specialist in digital lead generation. Passionate about marketing strategy and new marketing technologies and platforms.
  • Crypto enthusiast and investor since 2015 and believes the surface of Blockchain technology has barely been scratched.

Our Advisors

Latif Nathani

Latif Nathani

Product & Marketplace

Latif was most recently the CEO of eBay India. He grew the business from under $200M GMV in 2013 to nearly $500M GMV in 2016 and 5M+ customers. He exited with the sale of eBay India to Flipkart. Previously Latif co-founded eMemories.com (one of the first online picture sharing services) and 2 enterprise businesses at Microsoft (Systems Center and Speech Server). He also led global product marketing at Symantec and named/launched Norton 360. Latif has 26 years of technology industry experience, including 15 years at Microsoft.

Christian Ferri

Christian Ferri

Blockchain & Investor Relations

Christian Ferri has been in the crypto space since its early days in 2010 and built a solid network of early adopters, influencers, experts, and visionaries over the years. He founded BlockOne Ventures in 2014, one of the first blockchain agencies to work on crypto related projects. Today the agency has helped companies like Bancor, Token Card and many others to successfully raise funds through ICOs. In addition, BlockOne Ventures delivers corporate training on Blockchain to Fortune 500, organizes a crypto event series in collaboration with Draper and is managing a crypto fund for selected high-net-worth investors.

Greg Berkin

Gregory Berkin

Business & Marketing Strategy

Gregory Berkin is the Managing Director of Concours Ventures, a Silicon Valley boutique angel group focused on next generation geospatial, virtual, augmented and mixed reality (VR/AR/MR) applications for mobile devices. Greg is serial entrepreneur who founded several successful startups in Silicon Valley and New York. He has been an Apple software developer for over 30 years having founded one of the first educational software development and publishing firms for the Apple Macintosh Computer in 1984. With a computer science degree from Potsdam and an MBA from Duke University, Greg mentors, consults and advises over a dozen Silicon Valley start-ups in early-stage growth, strategy, investment, IP, and development in all areas of high technology.

Adnan Javed

Adnan Javed

Blockchain Advisor

Adnan is a qualified Lawyer and Engineer. He has worked in the IT/Telecommunications space with international businesses such as Ericsson and Nokia for the past 10 years. 3 years ago he discovered Bitcoin which led him to explore blockchain applications and use cases. He has worked on numerous blockchain projects to date including large scale bespoke blockchain projects across internet of things, finance and payments sectors. He is an advisor to multiple blockchain startups including ZenCash and ETHLend. He has a keen interest in how blockchain technology will advance in shaping all industry sectors from an adoption, regulatory and policy perspective.

Michaela Ulieru

Dr. Mihaela Ulieru

Blockchain Expert

Professor Mihaela Ulieru, PhD is an expert in distributed intelligent systems working with many governments and organizations towards a healthier, safer, more sustainable and innovation-driven world. She founded two research labs leading several global large-scale projects in collaboration with international businesses such as Rockwell Automation, Daimler-Chrysler, SAP, Fanuc, BHP Billiton, Thales, NORTEL as well as government, academia and nonprofit leaders. She was appointed to numerous boards among which the Science Councils of Singapore, Canada and European Commission and recently to the Global Agenda Council of the World Economic Forum where she championed Blockchain as one of the Top 10 technologies of 2016. She advises several startups at the nexus of Blockchain and Artificial Intelligence, among which: LifeLink.com, MyBit.io, and SocialCash.io.

Placeholder

Raghu Bala

Media Expert

CEO, NetObjex Inc based in Southern California. Formerly with Yahoo, Infospace, Primedia, Source Interlink Media, PwC, and with 3 successful startup exits. Wharton MBA in Finance, MS in Computer Science from RPI, published author and major conferences including IoT Congress, Google IO, and more. Mr. Bala has significant domain expertise in the media industry having led digital operations for over 100 brands including MotorTrend, HotRod, Import Tuner, Automobile, and Slam. His responsibilities included managing digital assets across multiple mediums including web, mobile, video/YouTube channels, and social media. The portfolio of digital assets managed had a total visitor profile with monthly statistics of over 16M unique visitors and 100M pageviews. Mr. Bala also has deep expertise in search engine advertising and audience conversion from his stints at Infospace and Yahoo. Current focus areas: Decentralized computing, Distributed ledgers, IoT, Cryptocurrencies.

Smart contract on Github

Support

Why Contribute?

Once implemented, SPN will be one of the most versatile tokens in the space. Not only will it be immensely useful within the Sapien ecosystem, SPN will also facilitate creating and transferring value within and beyond the platform. Fake news will be greatly mitigated with secure identities on the Blockchain and an extensive reputation system. SPN will be the backbone of every social action and transaction that happens in Sapien, embedding its growth potential in the expansion and adoption of the platform instead of any arbitrary fluctuations in the crypto market. Content creators will truly have a viable means of earning rewards without being exploited by centralized entities. Users will finally have a real voice in collaborating and shaping the community they want to be part of. By leveraging the latest Blockchain technologies, we can work together to build a platform immune to censorship, guards our free speech, respects our privacy, and persists content throughout humanity’s existence. Now is the time.

Be on the right side of history.

How to Contribute?

  • Please visit the contribution portal here: Sapien Portal
  • Suggested Gas Limit: 21,000
  • Suggested Gas Price: 50GWei
  • You can DEPOSIT ETH into the portal using funds from exchanges like Coinbase or Poloniex. However, your WITHDRAWAL address MUST be an ERC20-compliant wallet.
  • Do not send funds before the crowdsale begins, your transaction will be rejected
  • Smart Contract will distribute tokens after Token Sale Phase #1 is complete.
  • Step-by-step guide on How to Participate
Watch Guide Contribute

Frequently Asked Questions

Why the Blockchain?

1. Transparency: Ethereum Public Ledger to authenticate users and view all app transactions
2. Censorship Resistant: Centralized corporations cannot arbitrarily decide what constitutes free speech
3. Eternal Persistency: Inter-planetary file system architecture distributes and persists content forever
4. Token Functionality: Blockchain enables payouts, autonomous platform, and token-based social network
5. Extended Ecosystem: Long-term vision to tokenize user data, exclusive marketplace, and developer platform

Will SPN tokens be traded at exchanges?

We are unable to comment legally on exchanges.

Can I send ETH from my exchange wallet?

No! Do not send Ether from any exchange wallet as you will be unable to receive SPN.

What will happen to unsold tokens?

Unsold SPN will be locked in the platform reserve to be sold, awarded, or burned to ensure the longevity of the token.

Which wallet should I use to store SPN tokens?

SPN is an ERC20 standard token so it can be stored in any Ethereum-based wallet. Sapien will eventually release a wallet for each user, but until then we recommend using Mist, MyEtherWallet or MetaMask.

How will the Ad Platform work?

Empowering users by providing them with their SPN-tokenized user data that they can share with advertisers for additional rewards. Profits will be split 50-50 between users and Sapien, with the ability to earn more if a user holds more staked SPN.

What cryptocurrencies are accepted in the crowdsale?

For the presale, you will be able to participate only with ETH. For the Token Sale Phase #1 ETH and BTC will be accepted, along with any altcoins that Shapeshift.io supports.

Where can I purchase ETH?

There are many exchanges that sell Ethereum for fiat or cryptocurrency, including the following: Coinbase, Poloniex, Kraken, Bitstamp, Bitfinex, Bittrex, Cex.io
Please send your purchased ETH to a compatible wallet whose private keys you own and control, before sending to our address.

I didn’t see an answer to my question

Please send us an email at [email protected] and we will try to address your question.

Partners

Partner 4 Partner 5


Partner 1 Partner 3

Got questions? Connect with us on our social channels

Sapien is a democratized social news platform, powered by our ERC20 token, SPN. Take back control of your social experience today.

Copyright © 2017 Sapien Network Inc. All rights reserved. Privacy Policy | Terms of Use

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