30 Days Writing Challenge, Day 6: The 3 Most Plausible Use Cases For The SNAX token.
- The first use case for SNAX is social interaction.
I can thank @lighteye for an interesting post about reward algoritm or a new Steem user can thanks @askanything for an explanations about the Steem environment.
SNAX are easy to send and receive, no complex key, only user names. This is a big advantage over BTC or ETH.
The second immediate use case for a developed crypto is the remittance market.
With million of workers working in a country, sending money to their familly in another country, a big advantage of SNAX is that you do not have transfer fees. And it is easy to use.
But the remittance market request a P2P exchange market so that family in the origin country can buy the local fiat currency to pay for rent and basic needs.The third obvious use case is gaming. People love to play and it is probably not to difficult to implement SNAX dice. Legal issues with random games are quiet important and you can expect to see the mafia coming to request a taxe from your game incomes.
Then you have all the usual use of money : market places, marketing, job salaries...once the currency is adopted, you can use it for any and all the usual uses of money : corruption of politics, selling weapons, selling drugs, laundrying money... Why would you educate people or preserve the environment when you can get rich ?
All of the 300 most advance cryptos will allow their users to perform the same tasks. What would make SNAX really different ? Do we need more than 300 cryptos ?
I am curious to see how the rewarding process of SNAX will evolve thin the next three years.
Shall I order my lightyear.one already ? may be not this week.
This is my contribution to the #snax #challenge30days implemented by @dragosroua.
I am starting to accept SNAX reward for this post to my SNAX account chrisaiki, starting now.
See you tomorrow.