What is Sphere?
Social Activity Token (SPHR) is the native token of Sphere platform. The platform aims to ensure the security and privacy of social media users. Sphere functions as a decentralized social networking site. All the discussions and the accounts remain unmonitored excluding the risk of hacking, privacy violation and spam emails. The first version of Sphere appeared in 2018. The application was developed for Android and iOS. Besides being DeFi social network, Sphere also has an open market with its ad platforms. Like in other marketplaces accessible on the internet, in Sphere Marketplace too the users can register the product that they are intended to sell, write a good description and get the best price possible. This works in case of buying items too. SPHR can be traded for crypto coins such as Bitcoin or Ethereum. Various irrelevant programs assist in trading existing coins for Sphere. Bittrex and UpBit are among the most widely practised platforms.