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Sapien – The Web3 Social Network: All There Is To Know

Founded:Nov 22, 2016
CEO:Ankit Bhatia & Rob Giometti
Headquarters:San Francisco Bay Area
Last Updated: 2022
Website:www.sapien.network/

What Is Sapien?

Sapien is a decentralized social news platform that promotes free expression, privacy, and democracy. Sapien plans to use blockchain technology to give users complete control over their data while being compensated for sharing content that adds value to the site.

Sapien is the metaverse’s first Digital Nation, a Republic of DAOs powered by Sapien’s NFT Passport. Sapien allows anyone to join or create a Decentralized Autonomous Organization (DAO). What’s more, Sapien has its own economy based on the SPN token. The SPN token can be used to purchase goods and services within the Sapien Network or exchanged for other cryptocurrency assets.

Who Benefits From Using Sapien?

So far, Sapien has been successful in building a community of passionate individuals who are committed to making Sapien the go-to social network for Web 3.0.
So far, Sapien has been successful in building a community of passionate individuals who are committed to making Sapien the go-to social network for Web 3.0.

Social media has become an integral part of our lives, but it is also rife with problems. Fake news, bots, trolls, and censorship are just a few of the issues that plague these platforms. sapien was founded on the belief that there is a better way.

Sapien is a web3 social network that is built on four core values: democracy, free speech, privacy, and democracy. This ecosystem was designed to combat the present social media ecosystem’s flaws and abuses. Sapien is a tool for change that will help us to distinguish fake news from the thousands of stories that regularly cross our feed. With Sapien, we can build a better future for social media.

Features Of Sapien

  • The Sapien Passport: The Sapien passport works almost like an ID card or rather, a passport. It can be unsigned or signed by design. Once the token is signed it becomes non-transferable and is tethered to a wallet address, as well as, unlocking further network functions to its holder. Furthermore, the NFT may produce additional key-value pairs to attach metadata, similar to how a real-life passport has many pages. Also when you sign your passport, you become a founding member of the Sapien Nation.
  • The platform has something called Sapien Communities where you get to decide how you interrelate with other people on the site; using your real identity or anonymously.
  • The Sapien robust chat interface will allow you to join text and audio conversations. This feature will ensure that the platform provides a more dynamic and interesting user experience.
  • You will be able to subscribe and join tribes to stay up with the newest updates from your friends and individuals all over the world. Sapien is all about connecting people and making them appreciate exceptional material, as well as providing the masses with legitimate and truthful news.
  • SPN Utility Token & Token Rewards Engine: Several of the platform’s social functions are backed by the ERC20 utility token, SPN. SPN is available in both staked and unstacked forms. Incentives from the Token Rewards Engine increase the more SPN a user invests on the network.
  • The organization’s members govern the organization. Sapien allows members to join and leave the organization as they please, and decisions are made by a vote. As a decentralized organization, Sapien cannot be controlled by a central authority. Each member of Sapien has an equal voice in decision-making, so it is controlled by its members. Sapien, therefore, provides its members with high levels of autonomy.

Plans & Pricing

Pros

  • In the current Web2 environment, our data is constantly being collected and sold without our knowledge or consent. This raises important questions about online privacy and security. Fortunately, web3 technologies are emerging that give users greater control over their data. Sapien is one such platform that uses encryption to protect user data. With Sapien’s encrypted chat feature, users can be confident that their conversations are private and secure. This is just one example of how web3 technologies are giving users more control over their online experiences. As web3 platforms continue to gain traction, we can expect to see more innovations that empower users and give them greater control over their data.
  • The web3 community has always placed a high value on freedom of speech. After all, web3 is all about decentralization and giving power back to the people. So it’s no surprise that the Swap platform is designed to protect free speech with disruptive tools and prioritizes it. This means that community members will always have full control and final say over their communities. And to encourage contributions, Sapien offers incentives in the form of rewards. This is a great way to ensure that everyone has a voice and that the web3 community can continue to thrive.
  • Sapien allows users to add friends, create groups and/or tribes, and share and comment on posts. Sapien also allows users to add friends to their network. Sapien is a decentralized platform that allows users to interact with content and other users without the need for a third party.

Cons

  • There’s not enough information on about the tool and the running app is still reletively in Bata testing.

Conclusion

Sapien is a revolutionary platform that is changing the way people interact online. Not only does it provide a safe and secure space for users to share content, but it also allows them to be rewarded for their contributions.

Sapien is ushering in a new era of democracy and freedom, and its community-driven approach makes it the perfect platform for anyone looking to make their voice heard. Have you tried out Sapien yet? If not, head on over and check it out! You won’t regret it.

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