Sapiency Token Sale 2021 — Announcement

3 min readDec 7, 2021

Sapiency is a platform where anyone can create their own social currency. Creators can grow their tokenized communities and build the value of their tokens through sharing their premium content. It’s a combination of Instagram, OnlyFans and NASDAQ — share your best content, limit its access with a token that can be traded on the market.

Sapiency tokenomics:

Sapiency token $SPCY is a fuel of the social currency economy for all users of Sapiency app. It has three main pillars:

Universal Social Currency
Liquidity
Utility

Universal Social Currency:

Creators at Sapiency can limit access to their content through a mechanism called a Token Threshold. It’s an amount of tokens of the creator required to access the premium content. Each post of the creator can have a different threshold, this way creators can build a demand for their tokens. SPCY token acts as a universal social currency that can also meet the threshold — which means that if you need 1000 XYZ tokens to access the photo, you can also meet the Threshold when you have 1000 SPCY tokens on your wallet.

Liquidity:

Sapiency aims to allow anyone to create a social currency that is backed with value and liquid from day 1. Value is the community of holders and a unique content of the creator, that can be accessed only by the token holders.

For each verified creator Sapiency will open a small liquidity pool for his tokens on SapiencySwap. This pool will include 1% of creator tokens and 21 SPCY tokens. This way, all tokens on the platform will be plugged to the liquidity of all tokens on the platform.

This is why we have reserved a pool of 51% of all SPCY tokens. With each verified creator new 21 SPCY tokens will be locked in the liquidity pool with his tokens. To boost their liquidity price the token on the market, verified creators will be able to perform a Liquidity Crowdsale. Money raised from the Liquidity Crowdsale will be used to back SPCY from the market and locked in their liquidity pool.

Utility:

Sapiency is an app that has a lot of possibilities that can help creators grow their audience. SPCY token will allow them to access additional features. Most of them will be available for creators that will stake their tokens in the Sapiency PoS system. Those features include: