SID (Share Internet Data): Access, Share, & Be Rewarded
It is no doubt that compared to the past, people who can access the internet is much larger now with the rise of different network providers, as well as establishments providing internet access as a free or reward service, thus internet access is almost everywhere. Despite the current status, there are still people who haven't had the access to the internet because of various reasons. SID or Share Internet Data system aims to spread the access to the internet because as people know it, there's endless benefit and opportunities online which is a fortune that should be spread.
People might wonder why sharing internet data is a big deal when one can just visit establishments with free Wi-Fi. If you give it some thought most establishments that offer free Wi-Fi are food establishments and some people actually indirectly pays for the Wi-Fi as it comes free with what customer orders. There's no rule that one needs to order to access the establishment's free Wi-Fi but if you're planning to access the internet for more than 15 minutes inside that establishment that would seem inappropriate either for the staff or for the customer himself. There are of course establishments or places that really offer free internet access but how often can one stumble on that or how lucky is that person to have that in their area? This gap between no interest in internet and internet access is a gap that SID can tap into at the same time, it might bring uninterested people to check out what's with all the hype when it comes to internet access.
SID (Share Internet Data) is a system that will allow Peer-to-Peer internet sharing which could be one-to-one or one-to-many sharing via smartphones. One of the many ways a SID user can get a SID Token (SIDT) is via trading of a particular cryptocurrency for a SIDT. SIDT could be traded in exchange for a certain amount of internet data and it could also be traded with other users. These will all be possible in the SID ecosystem which will allow the sharing of data with smartphones nearby each other. The SID tokens collected, besides being used as payment for internet access, could also be cashed-out via exchanges, trading it with other users who want to participate or use the tokens in the SID.
SID aims to share free internet data to those less fortunate, not only can they access free internet from SID tokens given as rewards for consuming advertising but they could also earn via cashing it out, but why would someone share their internet data? Users who will share their data will receive SID tokens in return for sharing their internet data. What's more exciting about this is users will be able to use all internet data they are entitled to from their network service providers because any unused data or possible unused data that they know will go to waste once it expires can be shared and they can be rewarded in return. This rewarding SID ecosystem creates a harmonious and positive community of users who promote sharing, at the same time, the knowledge that comes along internet access.
It's important to note that through SID, users who will share their internet data are sharing it without sharing their password which is a good thing, even with their family and friends, SID can be used rather than sharing the password with them. Thus, sharing internet data with anyone will be secured, easy, and rewarding at the same time. Another important thing to note is to make sure that the use of SID with your internet data from your network service provider is not against any of their policies and terms.
The SID token sale details are as follows:
Token: SIDT
Price: 1 SIDT = 0.01 EUR
Platform: Stellar
Hard cap: 80,000,000 EUR
Pre-ICO: June 15, 2018, to September 14, 2018
ICO: September 15, 2018, to December 31, 2018
To know more about the technical details and aspects of the project plus their latest updates, visit their official social media pages and website:
Bitcointalk Announcement Thread: https://bitcointalk.org/index.php?topic=3842931
Website: https://shareinternetdata.io/
Whitepaper: http://s3-eu-west-1.amazonaws.com/sid.frinwo.com/whitepaper/One_Pager_SID.pdf
Telegram: https://t.me/SID_English
Facebook: https://www.facebook.com/ShareInternetData/
Twitter: https://twitter.com/sid_frinwo
Medium: https://medium.com/@sid_frinwo
Bitcointalk Username: AmorFati
Bitcointalk User Link: https://bitcointalk.org/index.php?action=profile;u=2077040