The SPN utility token is the foundation of the Sapien token economy. SPN can currently be used to buy additional Charges to reward and boost posts and comments you like on the Sapien platform. Users can earn SPN by contributing quality content to their Tribes and receiving Charges from their fellow Sapien users.
If you’d like to otherwise obtain SPN, you’ll need to either purchase some through the IDEX exchange, or you can swap ETH or other ERC20 tokens for SPN using KyberSwap, a widget built by and hosted by our external partner Kyber Network.
In the future, we plan to add more utility to the SPN token as we build up the Sapien platform, so there is potential for SPN to be used in Tribe governance, moderator and creator compensation, and platform e-commerce in the future.