Sapien is a social network created for humans. The platform seeks to create community, protocols, and tools for the future generation of human association.

According to the whitepaper, the Sapien platform's team identified the significance of social networking for developing the human species. During ancient times, the primary goal of interaction was survival. However, people have numerous reasons to interact in modern times and thus have sustained the age-old habit of socializing. Therefore, the Sapien team believed it would be viable to merge the human needs of socializing with the power of blockchain, offering humans a unique authority over their social experience through digital models. The team aimed at creating a democratized social forum for its users with a flexible cryptocurrency. Sapien is a private and decentralized social network formed on a base of self-governing and independent communities known as tribes.

The users can subscribe to various branches to remain updated with the posts from their acquaintances and people across the world. Also, the platform aims to allow users to add their friends, share any post, write comments, create groups, and expand their horizons. The chat interface is another prominent feature of the platform that seeks to offer an engaging and dynamic user experience through joining voice and text channels.

The native token of the platform is SPN, which is built on the Ethereum blockchain and is an ERC20 token. The use of SPN tokens is to reward users for their participation. Also, the users can utilize the token for social actions such as comments, posting, and voting. Another token usage is in the trade of virtual or physical products and premium content in the Sapien marketplace. Additionally, the premium content creators receive SPN tokens as an award in the Sapien ecosystem. Moreover, on staking SPN tokens, the users receive rewards for their contributions.

Ankit Bhatia is the cofounder and co-CEO of the platform. He is passionate about forming social systems aligned with culture, nature, and technology. Moreover, there are experienced engineers and knowledgeable advisers behind the development of the SPN token who are dedicated to transforming social cryptocurrency into a reality. The token’s launch took place in 2017. The maximum total supply of SPN tokens is 500 million.

We update our Sapien to GBP currency in real-time. Get the live price of Sapien on Coinbase.

The current market cap of Sapien is £14.417M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Sapien is £0.4101. This all-time high is highest price paid for Sapien since it was launched.

Over the last 24 hours, the trading volume of Sapien is £2.524M.

Assets that have a similar market cap to Sapien include Phala Network, iShares 20+ Year Treasury Bond Tokenized ETF (Ondo), Velodrome Finance, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Sapien is 250 million.

Sapien ranks 293 among tradable assets on Coinbase. Popularity is currently based on relative market cap.