The world we live in today, the internet is more or less used for everything, the internet could be used to get recipes, it could be used to even relax in form of watching movies or playing online games and even listening and downloading music. Businesses make use of the internet as well to help collate user data in order to move their businesses and generate more revenue.
The existing mobile networks are aware of the high level of internet usage by users and try to leverage on that fact to help make their network stand out; we see mobile networks coming up with various promos for its users, promos that would encourage users most times to spend much more on internet data while thinking they are actually being economical and saving a lot. Users use up internet data so fast that sometimes they are stranded and can not do anything on the internet as a result of no internet data.
When users exhaust their internet data, then they try looking for close friends around that could share their data with then via mobile hotspot and if they do not exactly find someone then they go out in search of places with wifi they can make use of. The SID Ecosystem is bringing a new twist into the sharing of internet data; people now do not have to share their data just like that, now they could earn while sharing their internet data. Another category of people that would so much benefit from the SID platform is the poeple that are not so buoyant to afford subscribing to internet data plans.
The SID platform gives people the chance to make use of the internet for free via the SID platform just by owning some of the SID tokens. The idea of people sharing their internet data in exchange for some kind of payment would no doubt pull in a lot of willing platform users.
The SID platform is a new blockchain powered platform that ultimately points towards the future by helping solve the internet problems of the group of people that can not exactly afford to pay for internet data and also users that subscribe massively on a monthly basis get to ensure they do not just waste what is left of their subscription when the month ends and get paid in the process.
Why is SID making use of the blockchain technology?
The blockchain technology is known for its reliability in terms of security and overall efficiency so the SID platform aims at ensuring the highest level of security and efficiency possible in the exchange of SID tokens for megabytes.
How the SID system works
Imagine a future whereby making use of the internet isn't a hassle even if one does not exactly have internet data. Anyone could make use of the internet for as long as they like simply by owning some SID tokens; blockchain technology is truly a revolution.
The SID Tokensale.
The token name is SIDT with a total token supply of 25,000,000,000 SIDT from which 41% which is equivalent to 10,250,000,000 SIDT is allocated to the tokensale. 8% of total supply which is equivalent to 1,991,000,000 SIDT would be allocated to the bounty campaign, referrals and ITO or 'company token pool'.
4% of total supply (884,000,000 SIDT) would be allocated to the whitelisted users, 20% (5,000,000,000 SIDT) would be allocated to the founders, 5% (1,250,000,000 SIDT) would be allocated to the board advisors pool.
The maximum number of tokens allocated to the company token pool is 23% of total supply which is equivalent to 5,625,000,000 SIDT.
Splitting of Tokens at the Initial Token Offering.
Roadmap (post ITO).
MONTH 1-3
-ITO end.
-Tokens distributed to wallets and quoted on exchange.
MONTH 4-6
-SID app wallet and interface to blockchain 1st release.
-SID app trading wallets.
-Tokens for internet data consolidating with blockchain 1st release.
MONTH 7-9
-SID-blockchain enabled system
-commercial release mass market.
MONTH 10-12
-Start Mifi with SID SDK designs.
-500k SID users.
MONTH 13-15
-Licensing SID SDKs to bluechip companies start
-In countries concentration customize SID app and web.
MONTH 16-18
-Mifi SID 1st release.
MONTH 19-21
-In countries concentration customize SID app and web.
MONTH 22-24
-Mifi SID commercial release.
-5.5 million SID users.
MONTH 25-27
-In country direct ad start here highest users concentrated.
MONTH 28-30
-Fund raising starts for year 4 and 5 or IPO preparation starts.
MONTH 31-33
-Expand direct countries ad.
-Road show fund raising starts.
MONTH 34-36
-40m SID users.
SID Team.
Advisors.
Useful Links:
Website: https://shareinternetdata.io
Whitepaper: https://shareinternetdata.io/?utm_source=sidBounty&utm_medium=X4LR6ZUVG&utm_campaign=presale&utm_term=whitelist&utm_content=whitelist&bounty=X4LR6ZUVG#
Telegram: https://t.me/SID_english
Bitcointalk: https://bitcointalk.org/index.php?topic=3842931
Twitter: https://twitter.com/sid_frinwo
Facebook: https://www.facebook.com/shareinternetdata
Medium: https://medium.com/@sid_frinwo
Writer's Bitcointalk username: kitanodebunmi
Writer's Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=1298583