Tokenized social platform Sapien Network to build on Matic Network

The partnership is accompanied by the Sapien “Alpha Persei” release, an enhanced version of the platform with new features including Rewards Engine V3, user-to-user chat, improved user interface, and more...

Tokenized social platform Sapien Network to build on Matic Network

Sapien Network, an Ethereum-based social network built for user privacy and customizability, announced today a partnership with Matic Network, to provide scalable, secure, and instant Ethereum transactions.

As a tokenized social platform, Sapien rewards millions of digital content creators without centralized intermediaries; offering a democratized approach to content creation. This collaboration with Matic Network will allow Sapien Network to build its social network on a scalable, low-cost sidechain.

Users can expect up to 100x reduction in cost and transfer speed once on Matic. Already, Sapien Network has more than 18 million of its SPN tokens staked in its vibrant ecosystem.

After months of development and iteration with the community, Sapien Network has now released a new set of features, highlighting performance and scalability, which include:

“Matic Network’s innovative approach to scaling has attracted the attention of much of the crypto space. Sapien Network will become one of the first companies to implement Matic’s protocol and deliver value from distributed technologies to mainstream users.”
– Ankit Bhatia, CEO and Co-Founder of Sapien Network

Matic Network is a Layer 2 scaling solution that achieves scale by utilizing sidechains for off-chain computation while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators.