Q22 — What Would You Do As A SNAX Block Producer?
Our host @dragosroua has set an interesting question, but with a line of highly subjective proposals:
- what hardware should I use?
- how much time should I dedicate to technical maintenance?
- how much time should I dedicate to maintaining normal relationships with other BPs?
- how much time should I dedicate to campaigning for getting votes from regular users?
- how much from my stake should be dedicated to promotion?
All this questions depend on the personal features of every block producer, his/hers IT knowledge, believe in the project and financial situation — which are all out of reach for the users to asses. There is one thing only that every block producer should be doing from the very start of this job: Primary concern should be establishing a price to SNAX.
Would you exchange SNAX for “Snax”? Just as the first block producers of Bitcoin had to offer some sum of the token for those legendary pizzas, block producers should give their offer to the community. I have to commend our @chrisaiki who has done it in this post:
https://steemit.com/snax/@chrisaiki/proposal-for-a-p2p-steem-snax-exchange
He actually started a P2P exchange which could make SNAX convertible througs Steem, and that way to the wide World of crypto. He offered 1 Steem for 100 SNAX. But that was his good will. I accepted and send him 5000 SNAX for our first significant transaction, but he accepted only 100. Indeed, that should be the job for block producers. They are getting the largest amount of SNAX at the beginning, they have the most of interest in its price, and they should care about its value. Waiting for someone else to do it before you (and instead of you) is not a wise strategy. It really doesn’t matter if you have 5000 of nothing and 5,000,000 of nothing. If you want to have something, do what @chrisaiki has done — propose an exchange rate for SNAX and Steem. Establish an exchange at Steemit. Move the stone. Then, everything else will start moving…
Anyone interested to buy 5000 snax for 50 Steem?
https://snax.one/steem/lighteye
Comment as you see fit!
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Linked posts:
Q21 — Do You Have A Crypto Portfolio? If Yes, Do You Manage It? How?
Q20 — Being An Early Adopter In Crypto Guarantees High Returns?
Q19 — What's The Most Profitable Scoring Round You Had So Far In SNAX?
Q18 — Do You Intend To Launch Your Own Token On SNAX? If Not, What Kind Of Tokens Do You See Launched On This Blockchain?
Q17 — Name At Least Three Steemians Who Are Not Already On SNAX, But Should Be There
Q16 — What Should Be The Price Of A Beer In SNAX?
Q15 — What Are The Next 3 Most Important Social Networks / Web Services Where SNAX Can Be Added?
Q14 — How Many People In Your Social Circle Know About SNAX? How About STEEM?
Q13 — Where Do You See The SNAX Ecosystem In 6 months? 1 Year And 3 Years? Why?
Q12 — Loosely Coupled Rewards Pool Or Strongly Coupled Rewards Pool?
Q11 — How Do You Interact With The SNAX Blockchain: The Chrome Extension? Snax Voter? Command Line? Other?
Q10 — What’s The Liquid / Staking Proportion In Your SNAX portfolio?
Q09 — What Will Make A SNAX Block Producer Worthy Of Your Vote? Or A STEEM Witness?
Q08 — Do You Vote For Block Producers In the SNAX Ecosystem? How About Witnesses In The Steemit Ecosystem? If So, For How Many / How Often?
Q07 — Do You Write For Other Blockchain-based Platforms? If Yes, Can You Try To Rank Them Based On The ROI On Each Of Them?
Q06 — What Are The 3 Most Plausible Use Cases For The SNAX token?
Q05 — What Are The Most Plausible dApps You See Developed On The SNAX Blockchain?
Q04 — Where Do You See The Price Of SNAX In 6 Months, 1 Year And 3 Years? Why?
Q03 — What Do You Think About The SNAX Reward Algorithm?
Q02 — What Was The Most Difficult Part In Linking Your Account With SNAX And How Could This Process Be Improved?
Q01 — When did you first hear about SNAX and in what context?
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This is a text for the 30 Days Challenge hosted by our @dragosroua
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Universal Basic Income
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Snax.One Wallet
I agree, I cannot move the market alone, but a long trip starts with a first step.
Yes, that should be the job for block producers which users can help and promote, @chrisaiki.