ICO of the week: Spheris

ICO of the week: Spheris

Project name: Spheris

Website: https://spheris.io/
What’s it about: Spheris is a decentralized trading platform for open source applications.
Crowdsale period: 19/09/2017 – 19/10/2017
Project target: the minimum target amount of fees is $720,000.

About the project:

The crypto-startup Spheris is based on the idea of creating a decentralized application store for mobile devices and a PC — an analogue of the App Store and Google Play. A secure distribution platform without any fees, restrictions and available to all. Tokens are used as a digital currency for the purchase and sale of applications. The key idea of the project is to provide developers with a more convenient, cheaper and more direct way of communicating with users than through centralized platforms without charging a large commission (now the App Store takes about 30% of the commission for each purchase, external or internal). Excluding intermediaries from the chain developer> platform> processing> bank> user, Spheris eliminates the commission percentage to near-zero values. For large studios that generate large profits not only for themselves, but also for Apple and Google, the issue of reducing the commission can be a decisive factor for moving to a new platform.

The Spheris system consists of 5 main components that distinguish it from existing analogues. Decentralized catalog of applications with ratings, reviews, registration data of developers on the blockbuster Ethereum. Browser with a graphical shell, which translates the code of the blockage with the data written into it into a digestible form. Crypto-purse for working with the platform Spheris, which receives all earnings from sales of the application. Validation of transactions on the model Signal — when necessary, while the block is not overloaded with extra boot data. Decentralized file storage in different locations based on IPFS (Filecoin) technologies. In this case, traditional cloud servers like Dropbox / Drive are also supported and will be used to store non-critical data for loss.

The main features:

  • Base rate: 1 ETH = 300,000 SPRS (the rate may change due to the price fluctuation of Ethereum, the final bet will be determined before the start of the ICO). The total number of SPRS tokens that will be offered for sale is 2 trillion SPRS.
  • The maximum bonus: the depositor with the largest amount of contributions will receive a 100% bonus at the end of the fund-raising.
  • The principle of Spheris provides for the introduction of a rating system, so that customers can find the most popular applications. As a result is the development of a favorable atmosphere for the creativity of developers and the convenience of choosing users.


The founders of the company are three young and experienced specialists in the field of block technology. Namely: David Shabun, who specializes in the reliability of the platform and the operation of the mechanisms; Sergei Tsyba, who is responsible for designing and building the chain of the block; Vladimir Shabun, who graduated from Tel Aviv University, spent nearly 10 years studying various systems of doing business.