I have partially read the whitepaper and will continue to do so, the project has a solid goal. The other reasons that convinced me is that Snax has an active Steem and Discord account and the some of the Snax Block producers are also dedicated witnesses here in Steem :)
I can't speak for Snax and we have no influence over that blockchain but we (photocircle) can do our part to help distribute tokens that could benefit awesome steemians like you.
Have a great day :)
I have also done some research and all seems solid enough. So am quite happy to support @snax so far all working as it should. So all good. Thank you for your support and @photocircle hard work. Love it. Have a stunning week.
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