Get on the Snax train today - A brief overview of the Snax blockchain

in snax •  6 years ago  (edited)

In this present time, we all are fond of the internet most especially the social media aspect of it, and this tends to drive more traffic to the popular social media website such as Facebook, Instagram, etc. But what most users aren’t too happy about is that there are no forms of reward for using these platforms. Users aren't too happy because they can't earn to cover up the time they spend on all these platforms. Blockchain is used to reward users in one way or the other for using cryptocurrencies. What about you receive an incentives based on your activities online, wouldn't that will be really interesting? Now that brings us to the discussion about Snax.one

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What is Snax?

Snax is a decentralized social media platform developed on the blockchain technology with the aim of rewarding users based on their social activities on trendy social media platforms which are added into the Snax platform.

This is really an awesome plan because this will allow users to build up their engagement skills. Not only will users be rewarded for their social engagements, they will also earn more rewards based on the contents they create on those platforms. Users can also transfer tokens from one wallet to another through a peer-to-peer method integrated by Snax. This will eliminated the use of third parties because as long as the users are making use of the Snax wallet which is the Snax.One, they can easily send tokens for free by inserting the receiver social media username. Users can even decide to use it to pay for good and services which will help in creating more crypto adoption.

What is Snax.one?

Snax.One a simple wallet interface that is linked together to the Snax blockchain account. Snax.One is a web3 application which runs with browsers extension. Snax.One works locally on your computer, and is connected directly to the Snax blockchain. This means that Snax.One does not store any of your data related to the Snax blockchain account.

How To Register On Snax.One

  • Firstly, you will need a have chrome browser installed on your pc. If you don't have Chrome browser installed on your pc, you can get it here

  • After downloading the Chorme browser, run and install it then follow the necessary procedures.

  • Open Chrome browser then click on the option icon (i.e three horizontally laid dots), scroll through the listed options and search for "more tools" then click on it. From the side menu bar, click on extensions and a new bar will open.

  • Use the search option to search for "Snax". After search is found, click on add extension and accept the following prompts.

Once successfully done

  • Open Snax.One and click on sign up and select any preferable option of your choice. (Steem or Twitter)

  • You will need to type in your username which is between 6-12 characters, then you would be asked to create a password

  • To finalize the creation of your new password, will provide with a passphrase words. Ensure you save it in a secured place because it is very important.

  • After you have securely saved the passphrase, then you are set to go.

There are two main methods to earn Snax tokens, either you link your Twitter and Steemit account or you becoming a block producer

To Link your twitter account

You can link your Twitter to your Snax account and earn 50 SNAX token as reward. All you need is to login to your snax wallet on the chrome extension, then click connect to Twitter and authorize every permission that pops up. A tweet is automatically published to verify the account. Once done, refresh and you will see your Snax tokens under your wallet.

To Link your Steemit account

To do this, you'll follow the the same process you used to link your Twitter account, but this time around after clicking on connect to Steemit, you will need to publish a new post on your Steemit blog using the words and tag displayed, then you will be reward automatically.

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Steem Bounty Program

Snax organized a bounty program for steemit users, all you need to do is to publish a post about the snax platform with at least 1000 words and share out of the 5,000,000 Snax. users receive reward based on the total number of followers they have. You can also make use of the snax calculator to calculator the total number of Snax tokens you will receive. You can see it on the Snax platform.

Conclusion

A big kudos to the Snax team for bring this opportunity, now users can make use of social medias to create content and receive reward, this will surely bring in more adoption and the world will start embracing cryptocurrency and blockchain as a whole.

For More Information

For further enquiries, you can visit their Discord server.

Snax Github repository - https://github.com/SnaxFoundation/snax

DISCLAIMER

This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence.

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@k-banti

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