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The internet revolution succeeded in unseating most of the traditional trends and processes and ushered in a new revolutionary pathway that spearheaded many of the technological revolutions we see today. The impact of internet in our daily lives cannot be over emphasized. As a result of its necessity, a lot of people can hardly spend a day or even an hour without being connected to the internet. The internet has succeeded in making the world a global village, connecting everyone who has access to the internet with the rest of world. Information is exchanged at an instant between parties who are miles away from each other, works are done more efficiently and in the shortest time possible and so on.
In The Dark
In this information age, it is sad and unimaginable to see or hear that about 4 billion of the world population have no access or limited access to the internet. In most of the developing countries this is the case, as a result, dissemination of information is truncated, societal and industrial development marred. The great news is that this is about to be put to an end, the days of no access or expensive internet data will be a thing of the past.
Accessible and Rewarding Internet
SID is a decentralised automated peer to peer internet sharing platform based on the Stellar blockchain. The SID ecosystem is available on a mobile application, Android and Apple smartphone and tablet users alike will be able to download the application on their device(s). Through the app, SID will provide a free internet to this 4 billion population and more, I’m sure you will be wondering how it will be possible. Daily, internet users consume adverts from the numerous applications they use but sadly there is no financial incentive accrue to users. SID intends to reward SID app users with the SID token for the adverts they consume through the application. The app users will in turn use the SID tokens to buy data from other users who have surplus data or are willing to sell part of their data. Data sharing is not limited to mobile data, users will be able to share their home WiFi with other app users through the mobile app.
Token Details & ICO
The SID Token is the token economy of the SID ecosystem, it is based on the Stellar blockchain. The choice of the Stellar blockchain is to provide high scalability more than what blockchain like Ethereum can provide currently. The SID tokens (SIDT) will provide access to internet for token holders and act an incentive tool for another group of users who share data and consume adverts. The SIDT tokensale is currently ongoing, out of a total supply of 25 billion SID Tokens, 41% (10.25bn SIDT) will be available for sale throughout the various stages of the Initial Token Offering. The price of SIDT is 100 SIDT = €1 and the hardcap is set for €80m.
Conclusion
SID will be able to transit the rest of the world into a readily available and affordable internet. The more people are connected to the internet the more productive they will become, this will positively reflect in the economies of the developing countries.
For More Information
Website: http://www.sidreferral.com/
Whitepaper: https://shareinternetdata.io/#whitelist
ANN Thread: https://bitcointalk.org/index.php?topic=3842931
Telegram: https://t.me/SID_English
Connect with me on Bitcointalk https://bitcointalk.org/index.php?action=profile;u=2171173