Well, there are two prerequisites for a P2P STEEM/SNAX exchange: Will of the people to start trading SNAX, and a little of that programming knowledge…

Now, it would be very nice if we could have STEEM/SNAX exchange integrated into system, or as a separate dApp, but that would require some time for the man or the team to do their part of the job, and to test the platform. It may take a while. What shall we do in the meantime? I like the initiative by our @chrisaiki, and I am ready to propose another way — Auction.

Selling and buying larger sums of SNAX would require a security mechanism, but in the meantime, small quantities can be exchanged with the simple record on blockchain. Would anybody risk a title of fraudster for a 50 Steem or 5000 SNAX? I doubt. Therefore, I will put up the first auction here:

Minimal price was set by our @chrisaiki in our very first SNAX/STE transaction, where he bought 100 SNAX for 1 STE:

Now I’m offering 5000 SNAX with the starting price of 50 Steem.

If you are interested, put your bid in the comments. The auction will be finished at the end of reward period, and the winner will be the one with the best price offered for 5000 SNAX. What can we get from this experiment?

• Certainly a little fun.
• Instant polls to see how many people are interested in SNAX price
• Minimal price for SNAX if the auction would be successful
• A little bit of promotion while we are waiting for developers to make that exchange

Anyone interested?

https://snax.one/steem/lighteye

Comment as you see fit!

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Linked posts:

Q22 — What Would You Do As A SNAX Block Producer?

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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