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RE: Q03 — What Do You Think About The SNAX Reward Algorithm?

in #challenge30days5 years ago

@lighteye I do not argue that it is impossible to promote a fake account. The question is whether it will be economically feasible to get Snax Rewards. In addition, as I said, it’s not enough just to get subscribers, they should actively retweet you, their accounts should also be sufficiently promoted to have a high Attention Rate and add weight to your account. If you got several million followers on Instagram, it's easier for you to sell ads)

I think you understand the essence of our project a little differently. We are not the currency of Twitter or other social network. We develop our project, the rewards are distributed by open metrics, so the social network can not stop the payments. Of course, Twitter and other networks with which we plan to integrate can release their currency. You will receive two rewards both on Steem, their own and ours. We simply study the social activity of users on the platform and distribute tokens in appropriate proportions. The logical question is, why do we need it? Snax ideas - integration of blockchain, cryptocurrency and Dapps into society. Of course, we expect that as the number of people using Snax increases, our tokens will acquire a certain value. You can read about Snax economic in this article https://hackernoon.com/snax-social-transaction-and-why-sharing-is-caring-afc32c8f1646

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Tell me one thing before we continue, @sweetsnax: Did you ask Jack Dorsey a permission to put a SNAX layer over Twitter?

No. We are not part of Twitter and we use only data that is freely available https://twitter.com/robots.txt. We do not need permission for this.

Neither did “Social Media Series Limited”, which had only consensual relations with its customers that were users of Instagram. They are being sued nevertheless.

Here is the fourth part of my little horror story :)

https://steemit.com/challenge30days/@lighteye/q04-where-do-you-see-the-price-of-snax-in-6-months-1-year-and-3-years-why

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