What is Snax Blockchain?
Snax is a social blockchain based on a fork of EOS with a delegated proof of stake (dpos) model, similar to steem. Snax token is designed to reward social activities such as posting on twitter, Instagram and soon steem blockchain.
The great thing about snax is that once you sign up, it is integrated into your existing social media accounts and they reward you with their token based on your interaction on these accounts. Once you've linked your soc media accounts, hey presto, you're earning a passive income for your attention.
The Snax blockchain is also designed with dapps in mind, so if you're a developer this brings a whole new layer of functionality.
Snax blockchain is based on EOS — popular open-source blockchain engine with DPOS consensus algorithm.
Quote from snax white paper, page 5 section 2.2
According to their roadmap, Snax has big plans to integrate this payment and reward system across all major social media platforms allowing users to send transactions to people based on their social media usernames.
Snax blockchain uses DPOS consensus. Nonetheless, Snax has a different perspective on a few basic blockchain ideas: account registration, computing resources management and initial coin offering.
Quote from snax white paper, page 12 section 3.2
But, hold on to your hats people... Steem will be integrated with the snax platform on May the 14th 2019.... that's just 5 days away. This means extra tokens for your posts (if you create a wallet and link your steem account) with a very real possibility of making significant returns in the future if/when the bull market shifts into first gear.
Early movers are usually winners with crypto and snax is airdropping 50 tokens to everyone who creates a wallet and verifies that account by linking it to twitter.
Better grab a hold of that hat again though steemians, as we have a chance to be awarded extra through the snax bounty program. Want to learn step by step how to join? Check out the tutorial below.
Snax Blockchain Steem Bounty Program
To put it simply, all you have to do is write a post (like this one) promoting the Snax launch to your followers using the tag #snaxbountyprogram.
You don't have to write a 'war & peace' length epic like me 😉 Snax have specified a minimum length of 1000 characters, approximately 200 words.
Check out their announcement post for more deets.
They have designated 5'000'000 SNAX for the bounty program and you can check out how many Snax tokens you will get, based on followers, using this calculator on their website.
But to be able to see those Snax land in your wallet on the 14th and to get your 50 free signup tokens today, please follow the steps below.
Step by Step Wallet Creation & Twitter Verification
STEP 1: Visit the snax bounty page and hit the sign up button at the top right.
This will prompt you to install the wallet plugin.
STEP 2: Follow the prompts to install the extension for whatever browser you are using. In this case I was using chrome.
STEP 3: Create your wallet by left clicking on the snax icon at the top right of your browser.. and clicking 'create new wallet' then follow the onscreen instructions (may vary dependent on which browser you use).
Choose your new account password
It will prompt you to write down your password and give you a secret phrase (series of 12 words) which you must write down or save in a word doc or both!
You will then have to confirm your secret phrase (see below). It's a good idea to have it ready in a saved word document to copy and paste.
Then click on open wallet and record your public key to send to all your fellow snax friends in case they want to send you any tokens 😉
STEP 4: Link your twitter account to receive 50 Snax tokens through the air drop.
Click 'sign up with twitter'.
Choose a username for your snax account and record it somewhere, then click 'authenticate with twitter' button.
You will get this pop-up. Don't change the standard tweet, just to be safe and click the 'log in and tweet' button.
You will get this screen while the account authenticates.
Then.... bingo you're done.
Then you should get this screen with some info about you're twitter attention rate and how many snax you will get based on the last assessment period.
All that's it! All that's left to do now is explore the wallet in your browser extension section, write a post to take part in the steem bounty program and remember to check back into the snax website on the 14th to see how to integrate your steem account.
