12/2/2022, 10:46:15 PM

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Sponsee is on the decline this week.

The price of Sponsee has fallen by 10.16% in the past 7 days. The price declined by 0.31% in the last 24 hours. In just the past hour, the price shrunk by 0.11%. The current price is $0.000250 per SPON. Sponsee is 99.94% below the all time high of $0.40.

The current circulating supply is 0 SPON.


What Is Sponsee (SPON)?

Sponsee (SPON) is a peer-to-peer marketplace for influencer marketing. Sponsee describes itself as a platform that seeks to connect social media influencers to businesses. An influencer is an individual with credibility in a particular field and can recommend a service or product to their audience. Sponsee aims to bring together influencers and businesses using the concept of decentralization to create safe contracts between these two parties.

Sponsee aims to use SPON, its native token, to bridge the gap between influencers and companies. The platform plans to utilize SPON for peer-reviews, dispute resolution, contracts settlements, and more. The use of smart contracts through the digital contract system in the platform makes the process secure.

SPON is a BEP-20 token available on the BSC network. BEP-20 is a token standard available on BSC and is in line with ERC-20. SPON uses proof of stake as a consensus mechanism. SPON powers up all transactions on the Sponsee platform.

When a business or influencer activates a contract, the platform locks the SPON tokens until the completion of the task. The platform also utilizes a jury protocol to prevent fluctuations in the value of SPON on the DEX. Jury protocol is a blockchain protocol developed by Sponsee for dispute resolution on the SPON network. SPON works as a governance token with voting rights to token holders on the platform.

According to the whitepaper, the platform reserves a 15% SPON for presales and 10% for operations and marketing. Sponsee plans to secure 50% for unique jury protocol and 15% for the DEX. Sponsee aspires to collaborate with influencers and content creators to create a difference in influencer marketing.

History of Sponsee (SPON)

Sponsee (SPON) was cofounded by Joel Lo, who is currently the CEO; Rupert Yan, who is presently the COO; and Skylar Tan, who is the head of the Strategy at Sponsee. Sponsee launched in July 2021.

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What is the current price of Sponsee?

The price of 1 Sponsee currently costs $0.000250.

What is the market cap of Sponsee?

The current market cap of Sponsee is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Sponsee?

The all-time high of Sponsee is $0.40. This all-time high is highest price paid for Sponsee since it was launched.

What is the 24 hour trading volume of Sponsee?

Over the last 24 hours, the trading volume of Sponsee is $3.32.

What other assets are similar to Sponsee?

Assets that have a similar market cap to Sponsee include Battle For Giostone, MRHB DeFi, Arbis Finance, and many others. To see a full list, see our comparable market cap assets.

How many Sponsee are there?

The current circulating supply of Sponsee is 0.