Sponsee price

SPON

Sponsee is a cross platform mobile and web application that facilitates organic connections between social media influencers and businesses around the world. Influencer marketing is a thriving and growing industry that adds value to both traditional and modern businesses.

In more detail, the Sponsee application is a fee-free peer-to-peer marketplace that removes the traditional middleman (in influencer marketing agencies) and allows for influencers and businesses to converse directly with the aim of establishing a brand deal or sponsorship deal. Additionally, Sponsee contains a full suite of features designed to enhance and compliment the influencer marketing process for both sponsors (businesses) and “sponsees” (influencers).

JURY™ Protocol The platforms on the $SPON ecosystem are given access to a proprietary blockchain protocol that governs dispute resolution. This protocol is known as the JURY™ Protocol.

By assigning token holders as individual nodes on the blockchain, work is done through the votes from each node to decide on the outcomes of every dispute resolution process. ‍ Additionally, the JURY™ Protocol is also deployed with proprietary smart contracts that train the protocol to perform classification tasks for dispute resolution outcomes. These smart contracts leverage Natural Language Processing and Supervised Learning to accomplish the above. The end goal of the JURY™ Protocol is to be a self-sufficient system that provides dispute outcomes with a high degree of similarity to a human voter pool.

Governance A central tenet of the $SPON ecosystem is the involvement of the community (token holders) to participate actively in the utility of the $SPON token. ‍ Governance plays an important role in the following: 1. Dispute resolution Token holders are given the opportunity to vote on the outcome of disputes between users on the Sponsee platform. Additionally, the training of the JURY™ Protocol also requires token holder input for hypothetical situations for its training data sets. Token holders which obtain the correct outcome for the purpose of JURY™ ‘s supervised training algorithm will be remunerated in additional $SPON for the work done.

2. Company direction Being an advocate of decentralisation, we also encourage token holders to participate in the decision making process behind certain company related issues . Through the medium of debates, suggestion boxes and community-led voting events, token holders can decide on potential collaborations, roadmap events and feature releases.