SNAX Blockchain
This is an interesting project that came to my attention a few months ago and I signed up to it when I got the chance.
What is Snax: Snax is a blockchain which rewards people for the content they create on public social media and provides them with free instant transactions by social account name. As an overlay solution Snax can integrate any established public platform. It builds bridges between these platforms and brings crypto closer to the people.
Ref: snaxteam
The first social media that they have linked into is Twitter. A popular choice as it has 326 million monthly users and has individuals from across every segment of life. If the SNAX blockchain is going to be successful then utilizing twitter could be a great platform to launch the project to a large and diverse audience.
Platform number 2 to get integrated is going to be the STEEM blockchain. With about 50k active monthly users we are a totally different proposition to add SNAX. What we do have is an active and educated community that know crypto and blockchain with the knowledge to spread it to a wider audience and educate more people. That is our unique selling point as a platform for projects.
How it works
The great part of this is that you don't need to join yet another platform or post more content to other sites. SNAX will work on top of your existing posts. It will measure the attention brought to your posts on both STEEM and twitter, rewarding you for how well they do. The more attention and interaction the posts get, then the more SNAX you will earn in the distribution.
How do rewards work: you simply keep posting on any Steem-based platform (or Twitter, or any other platform integrated with Snax) and get rewards automatically for any content you've posted. There's no need to replicate content on an alien platform, as well as no need to create a paid artificial content - stay true to yourself. In the case with Steem, you will gain not only STEEM tokens but also SNAX ones without a single extra action.
Ref:snaxteam
Joining the blockchain is quick and easy through their site https://snax.one and if they can gain momentum and adoption it's a no brainer for those of us using both STEEM and Twitter at the moment anyway. This will just add an extra reward layer to the work that we are already doing and since it will be based on a popularity algorithm means that people can all earn a lot of them just by posting some popular work. There are no factors in regards to stake or length of time on the platforms just getting your content into the public eye.
While I do post regularly on the STEEM blockchain my twitter activity is non existent. I had a profile for a full decade without ever using it until this year. My sole purpose for using it is promotion of the STEEM blockchain and for the projects being built upon it. At the moment my posts will earn me little to no SNAX as I have no following but hopefully going forward I can combine my STEEM activity to my Twitter activity and grow them both together. Luckily for me The SNAX blockchain can combine rewards for both platform in one handy project with even more platforms to come in the future.
The wallet is on a chrome extension and you can see your SNAX on their website as well as the distribution. At the moment there is no outlet for spending or trading the tokens but as this is the very start of the project the group is working on these aspects at the moment. I think that it is an interesting idea and will be using it going forward as it requires no extra effort other than what I already do Hopefully we can see @snaxteam get some good projects involved in the future for us to spend the tokens on.
I am looking forward to this as it is a great way to leverage ones avtivity on two great platforms. I believe the Steem integration is now days away on May 14th!
Posted using Partiko iOS
It's nice to get a project linking the two sites on the one blockchain. Having STEEM as one of the front runners for a project hoping to include all of the major social media's can only be a good thing for the profile and adoption.
Thanks for promoting Snax. And please do not forget to vote your preferred Snax Block Producers.
BP: sweden is also one of the top BP for Snax.
List of BPs: https://explorer.snax.one/producers
VOTE and support for BP: sweden/swedencornet
https://eossweden.eu/vote/
Thanks for using eSteem!
Your post has been voted as a part of eSteem encouragement program. Keep up the good work! Install Android, iOS Mobile app or Windows, Mac, Linux Surfer app, if you haven't already!
Learn more: https://esteem.app
Join our discord: https://discord.gg/8eHupPq
Congratulations! Your post has been selected as a daily Steemit truffle! It is listed on rank 24 of all contributions awarded today. You can find the TOP DAILY TRUFFLE PICKS HERE.
I upvoted your contribution because to my mind your post is at least 5 SBD worth and should receive 162 votes. It's now up to the lovely Steemit community to make this come true.
I am
TrufflePig, an Artificial Intelligence Bot that helps minnows and content curators using Machine Learning. If you are curious how I select content, you can find an explanation here!Have a nice day and sincerely yours,
TrufflePig