The Spintura offering is now closed and is no longer accepting investments.

Spintura

Crypto Reward Driven Social Network

Regulation Crowdfunding
New York, NY
Technology
Accepting International Investment
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Spintura

Spin to Share. Share to Earn. 

Invest in Spintura

Highlights

  1. A crypto reward driven social network coupled with a free market cryptocurrency.

  2. New patent-pending tools for a faster more fun photo and video sharing experience.

  3. A new analytics-driven marketplace where content creators can sell their influence.

  4. A transparent data collection process giving users more control.

  5. A versatile team of Wall Street, Silicon Valley, crypto and app development experts.

Spintura is a new social media platform that rewards users with cryptocurrency for doing the things they already love doing - creating, posting, and sharing content using new and exciting patent-pending tools. The crypto incentives are used through an expansive informed analytics-driven marketplace and ecosystem. The result is a more equitable social media platform that also gives users the direct ability to sell their influence through their feed, receive a stake in the content they create, and promote a healthy, community-driven network.



There's a problem in social media. 



Facebook, Snapchat, and Twitter make billions of dollars hosting content that you give them for free. This isn't equitable, sustainable, or fair. You are getting used by your favorite platforms. This needs to change.


David, our founder, was never much of a social media user for precisely this reason. However, he knows that a lot of people enjoy social media, spend a lot of time using it, and love to post and share pictures with their friends. There's nothing wrong with it; people want to connect with their friends and the world through messages and pictures, and that should be supported. 

When David watched his ten-year-old nephew interact with Instagram and Snapchat, he realized there was an opportunity. All of the photo-sharing apps - Twitter, Facebook, Instagram, Snapchat - cling to  old business models and boring interfaces. They all thrive off the same unfair deal they force on their users, and in the end, the value they extract from the network is not passed on to the users


David and a team of young innovators began to design a better social media experience called Spintura. Spintura is designed to be different, founded on the belief that everyone should be compensated for their work and rewarded for the things they do every day. 


Spintura is built around our proprietary, patent-pending sharing and storytelling interface, our crypto-based reward economy, and a versatile marketplace that allows content creators, influencers, and name brands to directly negotiate postings with each other. We provide an ecosystem that recognizes its user's significance and encourages growth.  Together, we can change the balance in social media for good. 


Photo and video sharing and messaging are two consistent areas of growth within social media, and they are two pillars that support social media platforms. This explains the rise in popularity of Snapchat and Instagram, both picture and video -posting driven social media, and Facebook's subsequent acquisition of Instagram with over forty billion  photos and videos shared since the application was launched.


This demo represents the alpha version which is in internal testing. The beta version is anticipated for availability in November 2019.



Spintura Benefits

Spintura is a photo and video-sharing social media platform with a crypto reward system and built-in marketplace. Just like any other social media platform, its main function will be to connect users with their friends and network. But unlike other social media platforms, many actions a user takes on Spintura will be rewarded with SPINS that can be used on the marketplace and exchanged with other Spintura users for goods and services.


This gives people a stake in the content they create and allows them to create their own values. Once issued, SPINS will also be purchasable for real currency, and higher-tier creators will be rewarded more favorably based on audience reach and the quality of their content. That doesn't block anyone from reaching a further level though; it just incentivizes activity, innovation, and early adoption.


Initially downloading the app, posting,commenting, and especially receiving likes for quality content will all earn user rewards, and users will be able to offer to their unique audiences various services, unique digital goods, and tools for values they set over the marketplace by means of a post on their feeds. By building a versatile marketplace, users will develop their own free-market values. Just another step in adding transparency to the often confusing and unclear influencer market. And, to keep the community operating with a common value system and to avoid any abuse, Spintura will use an algorithm to keep in place specific rules and guidelines concerning how rewards are distributed. 


This demo video represents the alpha version which is internal testing. The beta version is anticipated for availability in November 2019.

A Better Way!


Like any other social network, users take a picture or video, processes it, and then posts it on their wall or elsewhere. Users will then be able to message and post comments on each other's content. The main difference is that users access and process content through our proprietary, patent-pending interface tools, designed to highlight your entire experience using Spintura. 


Remember Myspace? The value of an exciting user experience and innovative interface cannot be overstated. It was not that long ago that Myspace and Friendster were both hoping to become the breakout standard of social media when along came Facebook with a new improved look and feel. The rest is history!


Share faster using the Spin Swipe: An X and Y axis feature is designed to intuitively guide users through a more interactive experience both in posting and viewing. The spin swipe gives access by spinning through photos that fade into the distance on the four ends of the axes, taking you through the content of yours or your friend’s, giving users a unique framing and storytelling capability, the ability to edit a photo seamlessly, and general site navigation. 








Post faster using the Swipe Frame: To build on the framing and storytelling devices available to users, the Swipe Frame allows users to perform actions via directional swipe towards a border containing a command action. Some of these might include liking content, posting content, editing content, sending content and more.


Intellectual Property

In addition to the application’s present use of the Spin Swipe and the Swipe frame, Spintura intends to expand the patent-pending tools for use in personal and expanded business applications for file and folder management. The IP behind these tools may eventually be licensed in associated industry applications.  Upon successful licensing, these fees will go to further strengthening Spintura’s bottom line.

It should be noted that portfolios of related social media related inventions are the Intellectual Property underpinnings of successful social media companies such as Facebook, LinkedIn, and Instagram.

And of course, the combined elements of the Spin Swipe, Swipe Frame, our crypto economy, and the analytics-driven marketplace, will make the Spintura platform fair, rewarding, fun, and engaging.


These demos represent the alpha version which is in internal testing. The beta version is anticipated for availability in November 2019.

Development Stage


In Mid 2018, a clickable prototype was created with a functional Feed, Gallery, and Explore section. Next, the Spin Swipe and Swipe Frame tools were created.  Moving ahead, we are looking forward to completing and incorporating the analytics driven marketplace and SPIN token with a target completion towards September of 2019 when we will be ready to begin marketing to the world while getting our beta version in the hands of users!


The Offering


Investment: Common Stock at $1/Share & SPINS   |  Minimum $250 investment


When you invest you are betting the company’s future equity value will exceed $6.3M.


StartEngine Owner’s Bonus


This offering is eligible for the StartEngine Owner’s 10% Bonus. For details on the bonus, please see the Offering Summary section below

Invest

PERKS*


SPINS Tokens

The Offering includes 100 SPINS Tokens, for every $1 invested.  In addition, the following bonuses will apply
subject to the Bonus Rates and Terms noted below.


SPINS Tokens


Description:  SPINS is a cryptocurrency token which will be deployed on the Ethereum network, compliant with the ERC20 token standard. SPINS will be the main settlement token of the Spintura platform, which is aimed at photo and video sharing.  SPINS will facilitate the direct purchase of goods and services and be exchanged for sponsored posts between users and established brands.  The network is expected to launch November 2019 with a total 1,607MM tokens. No tokens have been issued as of May 2019. 


The right to tokens is contingent upon the successful development of such Tokens and to the extent applicable, the blockchain upon which they function.  There is no guarantee that successful development will ever occur.



BONUS PERK

*All perks and tokens will be delivered after the campaign is completed, and upon availability of the Tokens.  
See Offering Summary below for additional terms.


Spintura Crypto Economy 

First and foremost, the Spintura economy will be based on our reward system. Users interacting with our platform will be the primary means by which most of our users access our economy, so we want to make sure we incentivize that. Posting, commenting, and receiving likes, will all result in rewards with Spintura’s tokens called SPINS.


The first difference between the Spintura crypto economy and other mobile application rewards based economies is that other reward tokens are often pegged to the dollar such as Steem token related apps. SPINS aren't going to be pegged to the dollar - their value is determined by the markets that use them. This means that users get more stake in determining their own value and worth, and the free market plays a strong role in the development of the ecosystem.


Yes, this does invite further volatility into our economy, but it also adds an increased opportunity for savvy users and influencers. Early adopters to Spintura will see a greater benefit as it pertains to the Spintura ecosystem and more active creators will see the biggest benefit. But the market-determined value will also ensure that goods and services for sale in the marketplace are more equitable to the creators. This opens the door for our crypto to be used in several ways:


Interact with influencers and creators:  Use SPINS to get popular influencers and creators to highlight your product, service, or event on their feeds.  This can be used to promote yourself or even get special opportunities as advertised by the influencer or creator. 


Demand for SPINS: Through a variety of uses, we believe SPINS will experience an increasing demand. Uses will include user rewards, transactions between users and influencers for promoting on the influencer’s feed, transactions between name brands and influencers for posting on the influencer’s feed, for the purchase of goods and services on the platform, as well as for sponsor advertising on the Spintura platform. 

Ongoing rewards: Spintura rewards will be handled in two stages. Stage one will consist of the distribution of a specific block of tokens that are designated for user rewards. Once the app ecosystem reaches a critical mass of activity, stage two will be triggered, which will be the re-distribution of a portion of the SPINS that Spintura receives from the marketplace transactions and from the selling of goods and services.  A portion of each marketplace transaction will be charged as a fee, which will be re-directed towards ongoing rewards for active users. The marketplace will propagate a robust reward based community with common free market values. In the event that content creation and user activity outweighs marketplace usage in the early stages, a percentage of platform ad revenue will be redirected to ensure that user rewards remain stable.


This demo represents the alpha version which is in internal testing. The beta version is anticipated for availability in November 2019.

Influencer Marketplace

Promote!: User generated content can be used to create a posting to offer their goods and services on their own feed or the feed of another user or influencer through the use of the marketplace. 


This can be things like an invitation to a party or event, a new digital service, contributing to a favorite charity or whatever an individual user wants to promote. This can also include name brands wanting to place a posting on a fitness influencer’s feed. Any collaboration is possible within the infinite number of interests that a community like this may contain. 


Auction your feed!: Lastly, the marketplace can be used as an auction place by creators and influencers. As the value of a posting is always somewhat subjective, a user can place a bid, for posting on another user’s feed, competing against other interested users, ensuring both that the influencer is receiving fair market value as well as preventing an unfair influencer from price gouging by charging unfairly for a posting. 


Of course, to keep it simple, an influencer can simply set one price to be accepted or declined by other users interested in posting. If a user wants a higher degree of confidence that their SPINS are being spent intelligently, they can access the higher level analytics that Spintura will offer. 


Analytics and the marketplace!: In an effort to ensure that any marketplace transaction is fair to both the seller and the buyer, Spintura will offer as a service, analytics on feeds. Basic metrics, so that a potential purchaser understands the quality of the feed that they seek to access. Additionally, there will be daily limits on the number of postings that can be placed on an influencer’s feed so that the focus of all members of the community remains on creating high quality content. 


This will not prevent an influencer from maximizing the number of SPINS they can receive on any given day as a limited number of offered postings will result in a higher SPINS/posting value based on free market principles, while at the same time preserving the quality of our community’s content..   



Opportunity for influencers!: It’s not the destination, but the journey that matters.There is a lot of hard work that goes into building followers sometimes taking months and months of time and effort. Building a profile that has relevance, influence, and real value is no easy task, with no guarantee of success or return on the time and money spent building this presence. Supporting the building of a strong online presence with rewards is the fair and logical approach that Spintura has adopted. The rewards should not only be at the end of the process, but also in the process itself. And of course, once this presence is built, the Spintura marketplace further allows an influencer to thrive.

Data Transparency and Control

As evidenced by the Council on foreign relations piece "Year in Review: The Year of Data Protection"  https://www.cfr.org/blog/year-review-year-data-protection,  it is clear that in the last two years an ongoing debate has been raging over the use and sale of personal data collected from social media users. Everything from browser tracking to shopping habits have become fair game in the increasingly murky data mining marketplace. In addition to the selling of personal data without the owner’s permission, to the often publicized and dangerous data breaches, the topic of personal user data is quickly becoming the target of government agencies around the world. Spintura will change the current norms. With a more transparent data collection protocol and user permissions in place, the user will have greater control over what data is collected and how it’s used. 


Furthermore, if the user chooses to allow the mining of specific data and habits and to view ads based on this data, then the user will again benefit by being compensated back in the form of SPINS. Another step in democratizing social media and changing the status quo!

About Spintura

That story about David finding his inspiration in his ten-year-old nephew's interactions with social media? It's not just to set our stage, it's really where the inspiration for Spintura came from.

 

David was a Wall Street trader for many years. He spent a much of his time examining the tech that came to define our world today and the ways that tech companies reinvented existing technologies to create new applications. He trained his mind to identify  these kinds of opportunities.. and when he saw his nephew fumbling through the standard clumsy interfaces currently in use,  he knew there had to be a better way.


It was November 2016 when David jotted down his first concept of the Spin Swipe and Swipe Frame.  From there, the economy and marketplace became fertile enough for the first concept of Spintura. With a team of inspired creators around him and a vision of a new take on social media, they set out to do the impossible and change how we interact around the world!

 

The Spintura Vision

People everywhere need an alternative to the current top platforms. Whether you're using Weibo in China, VK in Russia, Instagram in India or SnapChat in the USA, you're engaging in the same, inequitable deal. Your content isn't yours and that needs to change. 


We want to be that change around the world and, eventually, become the social media standard. But even if all we are able to do is pick up 1% of global traffic, the opportunities are limitless. We don't have to get every single pair of eyes on our app to change the game and start affecting the larger players.


Our goal is to build Spintura into a platform that can begin to reshape the deal users have with their social media platforms. That means we'd like to expand the use of our token to multiple venues besides our marketplace and to expand Spintura's tools and concepts to as many different venues as possible. 






We will maximize the potential of our tools.  There are possible extensions and new applications for our patent pending tools. Whether it's licensing our patent-pending tech as a revolutionary new filing system or a tool for navigating through complex information quickly, our tech will be a powerful addition for any industry. We will continue to explore additional innovative tools and applications  in the ever evolving social media and  technology  industries..


We plan to launch our first version, on the iPhone, in an isolated area for user feedback. Then, our platform will launch its beta in the US at the same time that we release our Android version. From there, we plan to add features and expand globally. 



Invest in Spintura

A new global alternative to the current social media platforms is right around the corner, and to get us started we've decided to open this incredible opportunity to as many people as possible. We want to encourage the people who use social media the most - the friends and family who can't stop sharing, the creators and influencers who make their living sharing their lives with others - to join us in building a new future for social media.


As stated on https://www.brandwatch.com/blog/amazing-social-media-statistics-and-facts/ 95 million photos and videos are shared on Instagram every day with over 40 billion shared since its inception and counting. The statistics behind photo and video sharing are simply staggering! Even a fraction of the potential could be an incredible win for all of us. And by getting regular people involved in the best new way to enjoy social media, the way it was meant - rewarding and equitable - we'll be able to show the world that there's a better way forward, and a better deal for everyone.

Spintura is a new platform for everyone, that rewards us all for looking at our social interactions differently. Join Spintura and see the possibilities.

Offering Summary

Maximum 1,070,000* shares of Common Stock ($1,070,000)

*Maximum subject to adjustment for bonus shares. See Bonuses below

Minimum 10,000 shares of Common Stock ($10,000)

Company: Spintura, Inc.

Corporate Address: 215 East 68th St., New York NY, 10065, United States

Type of Security Offered: Common Stock (the "Securities") and SPINS tokens (the "Tokens")

Purchase Price of Security Offered: $1.00 per share of Common Stock

Minimum Investment Amount (per investor): $250


Voting Proxy

All investors purchasing shares in this offering agree to grant their voting rights to the Chief Executive Officer of the Company (or his or her successor) as proxy on their behalf, subject to the terms below:

Voting Proxy.  Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.



Perks*

Utility Tokens called SPINS will be offered as a perk on a when issued basis along with Common Stock at a rate of 100 SPINS per Share. A token bonus rewarding earlier investors will also be provided in the following proportions:

0-$100,000 - If participating in the first $100,000 invested in the campaign a 50% bonus or 50 additional SPINS per share will be awarded for a total of 150 tokens per Common Stock share.

$100,001-$500,000 - If participating in the $100,001-$500,000 portion of the campaign a 40% bonus or 40 additional SPINS per share will be awarded for a total of 140 tokens per Common Stock share.

$500,001-$1,070,000 - If participating in the $500,001-$1,070,000 portion of the campaign a 30% bonus or 30 additional SPINS per share will be awarded for a total of 130 tokens per Common Stock share.

BONUS PERK

>$5000 -If investing $5000 or greater a bonus 50 SPINS per Common share will be awarded in addition to the above perks.

*All perks and tokens will be delivered after the campaign is completed, and upon availability of the Tokens.

Terms of Tokens

Spintura Utility Token (SPINS)

Description: SPINS is a cryptocurrency token which will be deployed on the Ethereum network, compliant with the ERC20 token standard. SPINS will be the main settlement token of the Spintura platform, which is aimed at photo and video sharing.

SPINS will facilitate the direct purchase of goods and services and be exchanged for sponsored posts between users and established brands. There are currently no plans to migrate to a different network. This will only be considered if a significantly superior solution presents itself.
The network is expected to launch late summer 2019. 

  • Initial Blockchain: ERC20 
  • Migration to Alternative Blockchain: N/A
  • Expected Network Launch date: Q3 2019
  • Total amount of Tokens authorized for creation: 1,607,000,000
  • Amount of Tokens or Rights to Tokens already issued: 0
  • Will they be listed on Exchanges: Yes


Other Material Terms:

  • Voting Rights: None
  • Restrictions on Transfer: 1 year from closing of Offering  
  • Dividends/Distributions: None
  • Redemption Rights: None
  • Other: None

The Company currently does not have a functional distributed ledger based business model nor a blockchain based token and there is no guarantee that such will be developed in the future. The promise of future tokens is contingent upon the successful development of such items. There is no guarantee that successful development will ever occur. The right to receive future tokens and the offering of future tokens is being offered as part of this offering exempt from registration under Regulation CF.  

Tax Advisory: Investors should consult their tax advisors with respect to the tax basis for each of the common stock and the Tokens, since they will trade independently.

Although Spintura intends to distribute future utility tokens as perks, Spintura will only distribute such tokens provided that the distribution complies with all the prevailing state and federal laws and regulations at the time of distribution. Thus, there exists the risk that some tokens will never be distributed at the time of an initial distribution or thereafter if prohibited by law. For example, New York State regulations broadly define "utility tokens" and "virtual currencies" and the application of state law may prevent the intended distribution of tokens to New York state residents.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Salary payments made to one’s self, a friend or relative. Inter company debt or back payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$0.00 USD
USD
Cash And Cash Equivalents
$0.00 USD
USD
Accounts Receivable
$0.00 USD
USD
Short Term Debt
$33,831.00 USD
USD
Long Term Debt
$0.00 USD
USD
Revenues And Sales
$0.00 USD
USD
Costs Of Goods Sold
$0.00 USD
USD
Taxes Paid
$0.00 USD
USD
Net Income
-$24,275.75 USD
USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Notice of Funds Disbursement

about 2 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Spintura has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Spintura be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Funds Disbursement

3 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Spintura has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Spintura be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Material Change in Offering

3 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Spintura offering. Here's an excerpt describing the specifics of the change:


Extended length of campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

A brief update concerning our marketing freeze

4 months ago

It has become apparent that Facebook’s blocking and blacklisting of our marketing efforts is not an isolated incident. Through our discussions with various media we have learned that it is somewhat common for FB to block advertising that they do not like or find threatening without providing any substantive reason for their actions, in our case a competing social media platform. It is a sad state of affairs that in this great country of ours, free market principals are restricted in such a surreptitious way by one of the world’s largest monopolistic companies. A company whose own co-founder, Chris Hughes, has trumpeted calls to break up Facebook for these commonly known, but yet publicly unproven practices.

We at Spintura will not cease in our efforts to find a way around these challenges while trying to get our innovative product to market.

Notice of Funds Disbursement

4 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Spintura has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Spintura be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Spintura coverage blocked by Facebook & Instagram

5 months ago

A quick update on Spintura happenings:

All successful crowdfunding campaigns need social media presence to get the message out. Our campaign was getting great traction and data while preparing for our main SMM push, but after seeing a competing social network and its related elements, Facebook blocked Spintura from the consumers digesting 87% of all US social media ad spending and essentially shut down investor access to our campaign page through SMM.

We at Spintura believe that every challenge has a solution, we plan to take our case to the people. Through Twitter and a PR campaign, we will make the public aware of the injustice of Spintura being denied access to the most powerful media ecosystem in the world, owned by a company whose own co-founder now calls for its breakup based on Facebook’s anti-competitive monopolistic practices.

Furthermore, we continue to feel optimistic that the benefits of using Spintura, will drive us to successfully becoming a significant player in the social media world.

As a side note, in an irony that would be comical if not so serious an issue, Facebook is currently preparing to unveil their own cryptocurrency to the world in a surreptitious effort to control parts of the world’s monetary system. At least they are consistent.

https://www.cnn.com/2019/05/09/tech/facebook-chris-hughes-break-up/index.html


Featured in TECHBULLION

5 months ago
DIGITAL MARKETING

A New SPIN to Social Media: Share, Measure, Earn

What if Facebook and Instagram were fragments of the known world of social media? 

What if the two were flat, landlocked countries in a bigger planet—a sphere of many sources of influence—in which people can leave these platforms for more transparent and remunerative opportunities elsewhere? 

What if people were to content themselves with more than content alone, earning rewards for what they write, photograph, and produce, instead of enriching everyone but themselves?

To ask these questions is to free ourselves from a business model that monetizes every word, calculates every keyword, and converts every click into dollars—without paying most people a dollar, a dime, or even a cent.

Let us, then, ask thequestion: What if we were to let the market dictate value, rather than accepting the diktats of Mark Zuckerberg? 

What if we were to reward people for what they do?

The answer is SPINTURA: a platform with its own tokens, SPINS, and marketplace.

Spintura represents what social media should be; what it must be, if we are to avoid the ongoing exploitation of our data by a combination of monopolists and malefactors of wealth. 

To say these things is not a matter of spin but of facts, starting with the difference between SPINS and Libra, Facebook’s forthcoming cryptocurrency. 

Put another way, Libra looks less like a force for good and more like a brute-force instrument to sell goods and services. The currency belies its name because Facebook is anything but a statement or sign of balance.

Does anyone believe a company known for hiding the truth—for denying the truth—will now champion the truth, all because it plans to release a coin whose name connotes a commitment to truth?

To believe otherwise, in spite of the truth, is to ignore the deliberately cryptic nature of how Facebook guards its algorithm and changes its numbers, because the numbers are unreliable.

The numbers are knowable to Facebook but an increasingly unknown quantity to users and advertisers who rely on numbers to, respectively, create and sponsor content.

If, on the other hand, people can know the exact metrics concerning their content, if they can own what they produce, if they can promote, share, and earn rewards for what they do, they can liberate themselves from Facebook and Libra.

These options represent the rise of new platforms that maximize cryptocurrencies, rather than manipulating them for PR purposes.

These options are necessary to build and sustain trust.

These options reveal what social media ought to be—what it can and must be—instead of what it is.

These options are an alternative to corporate control.

To return power to the people, to empower them with rewards they like rather than unrewarding likes, to ennoble them with a marketplace that is fair rather than possibly afoul of the law, to balance power is to end the imbalance by so few against so many.

Let us dedicate ourselves to those ends, so we can enjoy the advantages of a truly free marketplace.


Read More https://www.techbullion.com/a-new-spin-to-social-media-share-measure-earn/

Notice of Funds Disbursement

5 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Spintura has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Spintura be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Milestone

6 months ago

We have reached the first major milestone of 20K. Thank you to all who helped get us there. Looking forward to more milestones to come!

Founder and CEO

6 months ago

We are excited to announce the launch of our crowdfunding campaign! The Spintura team has spent much time and effort to ensure that this page be a great resource in understanding our company and this opportunity. We will place updates periodically announcing campaign milestones, news about our company, and any noteworthy events so that you, our potential investor, can stay up to date. Check back with us soon and don’t forget to send our link to any friends or family that might be interested in supporting our efforts to change social media! 

Thanks for checking out our page and considering our offering. We are honored to welcome investors aboard!

Show More Updates End of Updates

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