Topic: [ANN][ICO] Sphere - Decentralized Social Networking >200,000 users - page 62. (Read 46926 times)

Yes, the bearish market is crazy currently and somehow it seems to not recover soon. But maybe it was needed after the crazy bullride in December where every shitcoin went up at lesst 10x, but more like 100x or more.

At this current bearish market condition, we are seeing less and less people going into alt coins. In fact, most of them have not recovered a quarter of what they lost in January. So, it will be difficult to bring people even if the project is solid. What Sphere can do is to incentivize people who are investing now and will in the duration of the project.

thanks for sharing, I must not miss this airdrop

I think a fully decentralized system brings too much problems with it. Look at Steemit where no official mods etc. are in charge. Steemit is full of plagiarism and photo thefts because no one can do anything against it.

There will be one or two things that will halt sphere to fully decentralized. But as they already said, they will try thier best to make it happens, and as long as the reason not to 100% decentralized is making sense, that is okay.

Maybe they should implement some kind of referral program to attract more users to sign up on Sphere.Imho.

Ethereum has enough resources to improve the system even thoes limitations are difficult to solve. I also think it has a bright future.

About question 1: It will never be fully decentralized and I think they said in the beginning that they want to make it as much decentralized as possible, but still there are mods etc. if I am not mistaken so in this case it is not 100%. Or do you just mean regarding where the data will be saved?

Maybe they really need some marketing, but I do not think it's too aggressive, there's already a big influx of investors that will have that interest, the community is big, and the need to use the network is already great. Perhaps a limitless list to test how many future users are interesting

Really good questions. Their whitepaper is lacking too many technical details that are necessary to answer them. I would suggest the developers add such details to the whitepaper or publish a separate technical whitepaper.

What do you guys plan in terms of marketing to attract people after the ICO? I think that's one of the most important parts for you.

To the Sphere folks, I really want to invest in your ICO because I hate Facebook with a passion, lol.

And Sphere is actually a great name which is important and will give this platform an edge over other decentralized Facebook's coming out.

What I need to know before investing is:

1) Is Sphere actually (going to be) decentralized? Is the entire software going to be hosted on Ethereum (or a blockchain) or is it just the token hosted on Ethereum while the software is run on a central server?
2) Since a successful Social Network will require a lot of transactions per second, how will it scale if it's successful? What happens if Ethereum is unable to scale quickly enough in the future?
3) How is the governing of Sphere going to be decentralized? Will there by a constitution? Will there be voting? Who will get to vote? Or will Sphere the company still control it in the future thereby it won't truly be decentralized?

From what I understand about Steemit:

1) It is actually entirely on a blockchain.
2) The governing is decentralized and the founder has moved on/lost control.
3) It can scale.

If we are just replacing one centralized Facebook with another centralized Facebook that happens to pay users in crypto currency, it's still a big advantage/improvement over Facebook.

However, I would think a truly decentralized Facebook like Steemit that no one controls would outcompete Sphere over time. Thus I'd rather save my ICO money for that if/when it comes out. A big problem however, is that there really are a limited number of GOOD NAMES for social networks. Sphere happens to be a great name. It could pose a threat to Facebook if done right and truly decentralized.

The limitation that ethereum has will require a lot of work to be solved but I do believe that ethereum itself have a bright future.

I imagine that they don't want to expend a lot of resources on this and are going to use Ethereum because is a standard.

If Sphere the software is not on Ethereum only the token, then how is it decentralized? From what I understand, everything posted on Steemit is actually on a blockchain and Steemit is actually decentralized since the creator Dan Larimer has admitted losing control over Steemit and therefore moving on to Eos.

Are you ready for the weekend? 

Wasn't the airdrop going for some time now or it just started? The amount raised seems to be stalling a bit at these market conditions, they would need to level up the promotion a little bit.

thanks for sharing, that a good marketing and the 50 Sphere i take with me.  

Etherium has with Vitalik one of the most famous and experienced actors in the whole space. I think he and his team will make this happen.

They can always consider this possibility in the future. Meanwhile, the network is growing and I believe an existing one is able to handle everything and they probably have many more pressing issues to concentrate on.