In the World we live in today, the Internet access has now been declared a human right by the United Nations, according to a 2016 resolution. It is obvious that Internet access aims to allowed people to participate in the Digital Economy. Recently, there has been a platform that is created to serve the global less fortunate citizens and also businesses to enjoy shared internet. Have you heard of Share Internet Data (SID)?
SID (share internet data) is a peer-to-multi-peer decentralized internet sharing system that enables the sharing of internet from one person to another in an automated manner. This innovative technology aims to enable a global Internet access boom and thus help to lift certain segments of the 500 million poor people out of poverty. One of the key missions of SID key is: “To lift as many people as possible out of poverty by means of giving the less fortunate a way to access internet for free”. This SID innovative platform aims for its Users to be able to get in future free internet access by obtaining tokens in exchange of consuming advertising. Such kind of obtained tokens can then be used to consume internet megabytes from other nearby Users in exchange for tokens, which means that SID Tokens are intended to be used on the SID platform as a functioning good. The SID team proposes a solution which is different to the status-quo, where users can obtain internet directly from traditional service providers or mobile network operators or Wi-Fi hotspots.
This trading of tokens for megabytes (MB), is aimed to motivate the users of SID with mobile data to share their mobile internet data bundle with other nearby Users. It is noticed that any non-consumed mobile data at the end of each month, on most traditional network operator User contracts, is simply lost till today. In the same way, the decentralized system of SID is made up of Smartphones and tablets of its Users. SID is aiming to incentivize its users to install SID on their smartphones by giving them in future extra services. In order to make it attractive for individuals with internet to share part of their own free Wi-Fi internet with others. It is important to also note that a major focus is aimed at marketing SID (share internet data) service also in emerging markets in order to achieve a higher impact on its company mission.
TOKEN DETAILS
• NAME: SID TOKEN
• HARD CAP: €80m
• ICO PRICE: 100 SID/1 EURO
The SID Tokens accounts are aimed to pay all of their administration & custody fees in SIDTs whenever possible, or in other crypto currencies, which are bought from the open market. To encourage sharing economy, SID Users sharing their connections are aimed to have their accounts credited with SID tokens (SIDT) as defined by the company from time to time on our website. The amounts of SIDTs credited to users, are aimed to be calculated by algorithms based upon estimated share of revenues from advertising when consuming future Ads or the amount of internet data and source home-WiFi, mobile data, country etc..) received from another SID user.
ROADMAP
We now see that in the developed world, people may tend to take for granted the things that are accessible in the Internet unlike many developing countries where less fortunate people can’t do the things that others can do in the Internet. The Big Questions is: Do You Want To Help The Less Fortunate Access The Internet? If yes, then log on to the SID WEBSITE and download the app.
For More Detailed Information About SID, please visit the following:
WEBSITE: http://www.sidreferral.com/
ANN THREAD: https://bitcointalk.org/index.php?topic=3842931
TELEGRAM: https://t.me/SID_English
MEDIUM: https://medium.com/@sid_frinwo
LINKEDIN: https://www.linkedin.com/company/sid-frinwo/
MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1827681
AUTHORED BY rosebit
Good concept
Detailed explanation