SUMMARY
SID (share internet data), is a peer-to-multi-peer decentralized internet sharing system that allows sharing internet from one person to another in an automated manner, designed on the back two pending patents from 2015 and 2017 respectively. Whilst currently the SID system is free to use, in the next few months until post an ITO (Initial Token Offering), in future SID aims for SID Users be able to get certain free internet access by obtaining tokens in exchange of consuming advertisings. Such obtained token can then b used to consume internet megabytes from other nearby User in exchange of tokens. Those tardes an be done through our secured servers or simply secured by a blockchain, such as Stellar.
This trading of tokens for megabytes, in particular, is aimed to motivate User with mobile data to share their mobile internet data bundle with other nearby Users. Till today any non-consumed mobile data at the end of each month, on most traditional network operators user contracts, is simply lost. In the same way, our decentralized system made up of Smartphones and tablets of our Users, incentivizes User to also share their private home Wi-Fi without giving their private password to any other person, simply a User can "share internet data" (SID) securely through their own mobiles with other nearby Smartphones.
A major focus is aimed at marketing SID (share internet data) services also in emerging markets in order to achieve a higher impact on its company mission. In Emerging markets, the Android operating outpaces the Ios on average by more them 6 to 1. For consumer in developing markets, the smartphones is the primary (or only) device for accesing Internet services. Apps must be data efficient to meet the specials requirements of these users:
Mobile networks provide often in those emerging markets significantly less bandwidth and quality than in mature markets. (Some user are often on GPRS or EDGE.)
Many user buy data bundles in small increments and only periodecally. Wi-Fi usage is massive but Wi-Fi speeds are often far lower than in mature markets.
Share internet data (SID) is aimed therefore to be the single most important features in our SID Eco system, which we aim to offer also to selected third party Licenses, as an SDK, aimed at helping to expand faster globally the "Share Internet Data" services.
THE TOKEN SALE
Funding the Business is aimed to be through a Token Sale of SID Tokens (SIDT), our Utility Token. SID is preparing for a token sale o obtain funds in the form of advancing revenue by Tokens sale to implement additional incentive scheme to the exisiting ones and scale the existing system of the SHARE INTERNET DATA (SID) system to accomodate the automatic mass User growth and to interface the SID Tokens on the SID system. This advance turn-over received from selling of Tokens to our User for them to consume internet sharing on our SID network aimed to be used as follow:
- Development of bigger scale infrastructure to accomodate mass User exchanging Token for internet shared on the SID system or between SID users
- Integration expansion to allow mass sttelments of SID Token transaction through the Stellar Blockchain
- Increasing Brand Awereness on social & main stream maedia
- Engaging with and integrating to a global network of ditributors for new SID User acquisition.
- Development & deployment of the License's Apps with our SDK inside
- Traditional online Marketing & Distribution Costs
- Cost of organization, initially only R&D followed increase by project management and post commercial launch costs of SID heavely skewed towards Marketing spend,
- The lower part of the overall for legal & Adminisration & Management & Board ?Advisers.
MORE INFORMATION
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Created by : 15persenlucky
Profile link : https://bitcointalk.org/index.php?action=profile;u=1210666
ETH address : 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69
ETH address : 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69
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