Sphere is a next generation, de-centralized social network. The network will contain its own cryptocurrency called Social Activity Token, or SAT. SAT is a new digital cryptocurrency, set to launch on January 1st 2018.
You can sign up for this link and earn free 100 SAT. When a friend signs up using your unique link, you get additional 100 SAT . (20 SAT = $1 USD at the Initial Coin Offering.)
Social Transactions
These Social Activity Tokens are used throughout the system to facilitate transactions within the decentralized social network.
ERC20 Compliance
The SAT token is standard ERC20, and can thus be maintained using a variety of Ethereum wallets. Sphere will eventually provide hosting wallets for our users, but we advise using MetaMash, Mist, or MyEtherWallet until that option is available.
Tradable
Example wallets include MyEtherWallet, Mist, and Parity. SAT is also tradable on several exchanges, including DABT.com, Livecoin.net, and C-CEX.com.
Connect your Sphere account wallet to your Sphere debit card to spend your SAT coins as fiat currency anywhere in the world.Fees will be minimal and since the card uses Visa infrastructure you can use it almost anywhere in the world.