The SNAX Token Distribution Confusion
SNAX Platform
In a nutshell, (basically, not gonna make a long post about it). SNAX rewards users from the daily social interactions exclusively in Steem and Twitter, and that is just it. However the twist from this so called "Utility Token" is that you can tip those users in terms of SNAX (even snax doesnt have price yet, or has it? - please let me know if they already had)
Now, as what I've said is the term "Social Interactions" therefore what kind of Social Media Platforms? - It is simple, it is Steem and Twitter.
Why Steem?
Steem is decentralized social platform built with an algorithm called DPoS (Delegated Proof of Stake) and it is also one of the fastest blockchains in the entire Blockchain existed, not to mention EOS and BITSHARES as well. Since SNAX is called (Social Media Overlay) lets just say your activities from your STEEM account generated are recorded to the SNAX blockchain so your interactions are rewarded. Steem is also a public blockchain, everything is recorded and you can never lie against it.
Why Twitter?
PS: Im not a Social Media Professional but my theory is simple, twitter is like a blockchain. There is no way you cant be traced unless you go private mode. Twitter is also not censoring the posts, the likes, the comments generated from the users you followed. Simply everything you do in Twitter can be monitored by the Snax platform. (But I dont know if the guys can record your activities when you go private mode). If you may notice, you can only use apps/plugins for twitter outside twitter using public mode.
No Reddit, Facebook and Youtube?
I dont know about these things. I think they are somewhat thinking about adding this social forums and platforms, its interesting if they will add these bad boys one soon.
The Confusion
The confusion is about the Social Interations and how I get awarded. Im active in the steemblockchain and its community, but I am more active in the discord servers, its more active and social in the discord server than the Steem blockchain literally itself.
Thoughts anyone on how are rewards calculated in a simple way? Please let me know and leave a comment.
Hi, @chuuuckie, I am from @SnaxTeam. I will try to answer the questions raised in this post, I hope I understood them correctly)
Steem is a blockchain-based social network with awards for content authors. We have a different approach to calculating rewards https://hackernoon.com/decentralizing-social-media-rewards-steem-and-snax-comparison-ac17201824cc, but definitely a lot in common
We analyze the data of all users that are publicly available in order to compile the Attention Rating list (not Twitter API). At the current stage it was more convenient to implement it for Twitter. However, we are working on integration with other social networks.
At the moment users can send SNAX to friends and favorite Steem and Twitter bloggers. You can also vote for Block Produсers and purchase of network's computational resources to create Dapp. Snax is not listed for trade on exchanges yet, but we are negotiating and working on it.
Browser extension is needed to use snax.one UI to bind your social accounts to Snax and to make transactions (just a wallet functions).
All the content you create, is grabbed automatically by the oracle
the whole code of Snax extension is open sourced https://github.com/SnaxFoundation/snax-browser-extension. We use clipboard permission to copy mnemonic phase which can be used to create an asymmetric private key. Also we use it to copy your export private key: But that’s it. You can see the same permissions for Google Docs Offline, for example
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Nice post update information