SNAX- Monetizing social media platforms| Snax steem bounty.

in #snaxbountyprogram5 years ago (edited)

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Back in the day, when social networking platforms were kicking off monetization was really elusive and we were comfortable without these platforms paying us because social-media was making the world more open to us so they were extremely sensational to us. Literally, we would spend hours and hours creating content on these platforms with no payouts. However, in recent years, some social networks are restyling to sharing their advertising revenue with users who create content by writing text updates or posting videos and photos. But, the most popular social sites have failed to change their established business models. So Snax has ingressed the social network with blockchain technology to offer a solution which allows measuring the value of public content transparently and it is creating decentralized social rewards for people that create content on public social Platforms such as Twitter, Instagram, Reddit and many more with no strings attached.



What is Snax and how can you earn Snax rewards?


Snax is a blockchain based on EOS and it rewards people with cryptocurrencies for the content they create on public social media. It also provides the function of instant zero-cost transactions, free account creation and donation systems. It rewards Snax tokens to content creators who publish on platforms they are used to. As an overlay solution, Snax can integrate any established public platform like Reddit, Instagram, Steemit and Twitter.

Earning Snax tokens is very easy, all you have to do is to create engaging content for your subscribers. Amazingly, the system has a balanced reward structure that rewards valuable content. To effectively, award users with Snax tokens it uses a metric called Engagement rate which helps to measure the amount of attention accumulated by the content. You can also get these tokens by becoming a block producer.



What does Snax have in store for steem users?.


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Snax has integrated with steem and it is distributing 5 million tokens to steem users in a Snax steem bounty program. This program will come to an end on 10th June so if you have not yet earned your tokens jump on the bandwagon before it's too late. Receiving these free Snax tokens is a cinch, you just have to write a blog on steem that is more than 1000 symbols long and it should be centred around Snax. For your post to be discovered by the Snax oracles, you need to use the tag snaxBountyProgram. When Snax finds your article, it will automatically register you on a designated smart-contract and also display your blog on this page. So for your steemit article, you will not only gain steem tokens but also Snax tokens effortlessly. The number of tokens received by each user is directly proportional to the followers the user has. It is worth noting that you don't need to create an account on Snax to participate.



Conclusion

With all the public social media platforms being monetised with crypto definitely, we will witness mainstream adoption of cryptocurrency. Snax is doing something out of the ordinary and this will introduce people from different walks of life to social media. In Uganda, we pay social media tax so the social-media user numbers drop every single month perhaps with Snax these values will go up. The team has a lot in store for you so you need to stay updated. Feel free to join Snax crew on their Discord Channel and if you have any questions don't hesitate to ask in their chat room.



References

https://snax.one/promo/steem-bounty

https://snax.one/whitepaper.pdf

https://snax.one/



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 or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser or conducting their own research.

Thank you for reading.

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So this is like an airdrop u work for

Noo @iizy it is an airdrop for steem users.

Great earning through writing content

I have my account on snax.one i have MY WALLET
5959.4621 SNAX

That is really amazing @chrismadcboy... Have you claimed your Snax tokens yet?

LOL the point is don't know how? @ireneblessing my Snax is still in my snax wallet..

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