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RE: #Q3: #challenge30days - What I Think About Snax Algorithm 🤔

in #snax5 years ago (edited)

Hi, @emjoe, I'm moderator of Snax and I will try to give a little explanation about the distribution of Snax rewards. First of all, we cannot say how many tweets, retweets, followers and votes you must have to get 1 SNAX. This depends on activity all users of social network. Snax as an overlay solution does not have access to the internal social media statistics for «ReachС» calculation (such as number of views, clicks, etc) Therefore, Snax introduces its own indicators:

  • Interaction Level
  • Account Weight
  • Followers Weight
  • Attention Rate
    To calculate these indicators, Snax uses KPI provided by the social platform. For example, for content posted on Twitter, Snax takes, retweets and comments for Interaction Level calculation and count of followers for Account Weight calculation. Very important that A weight of KPI also depends on the Weight of the publisher (That is, the weight of a like or retweet for each account is different)
    For example, if your tweet have 774 views, it's more than has an average post on twitter? we dont know, maybe yes for this week, but not for last. And agree, if retweet your post makes a famous person like Ilon Mask or Kim Kardashian, it should have more weight.
    Snax analyzes all the activity of social network users for a certain period and determines the indicators so that the entire system during this period corresponds to the weights system incorporated in the calculations. This works like indexing pages in Google. The exact formulas for the calculation are not open information, but we have long worked to make the distribution of awards as fair as possible in our opinion. You can look at a few different accounts here https://snax.one/twitter?page=1 to have a feel of the numbers yourself. The fundamental differences in the approach to remuneration between Snax and Sneem can be found in the article https://hackernoon.com/decentralizing-social-media-rewards-steem-and-snax-comparison-ac17201824cc. In short, the weight of your account in Snax and the amount of rewards depends only on your attention rate, and in Steem on the number of STEEM POWER those who upvote your posts
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Thanks for the detailed explanation.

The exact formulas for the calculation are not open information, but we have long worked to make the distribution of awards as fair as possible in our opinion.

I'm a bit curious as to why the above exist, or doesn't it give room for gaming of the rewards system?

I appreciate your input so much. Thanks for dropping by

Posted using Partiko Android

Sorry, don't understand your question well(
I saw also you asked about mobile wallet app. Our team is working on this, but there are no exact dates.

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