Some months back there was a lot of "noise" surrounding a social blockchain product called "SNAX" or "Snax.One."
It was basically a small add-on you linked to your Steemit account, and it was (I believe) intended to expand to where other social media channels would be added. As far as I know, only twitter has been integrated, so far.
Seemed to be Working...
Seemed like everything was working pretty well.
I watched Snax tokens automatically build up in my Snax wallet, amounts depending on my Steem activity. There would be a rewards payout every couple of days.
Snax even managed to get their token listed on Steem-Engine, answering many people's concerns about what is this token GOOD for?
Then the rewards just stopped, on August 27th.
There was one announcement on the Snax twitter, suggesting that the stoppage was due to the Steem Hardfork 21/22... which is a reasonable enough excuse, given what we know about the disruptiveness of Steem hardforks...
Hardfork Issues — Or End-Of-Game?
But there has been no new news since then, and the Snax Discord is pretty quiet to "asleep." It has been 10+ days without a word...
I suppose I am just posting this here to see if anyone else knows what's going on with this particular project.
I'm not terribly concerned, as I didn't have a financial OR time "investment" in the project; mostly I am just curious. It seemed like it could have worked as a boost to social media, since Snax rewards were based on your level of activity.
But who knows? And yes, I realize that blockchain projects are extremely volatile and risky...
(Tagging this to #SteemLeo since it DOES relate to investing, at least peripherally...)
What do YOU know about Snax? Do you HAVE a Snax account? Were you getting significant rewards from it? Comments, feedback and other interaction is invited and welcomed! Because — after all — SOCIAL content is about interacting, right? Leave a comment-- share your experiences-- be part of the conversation!
(As usual, all text and images by the author, unless otherwise credited. This is original content, created expressly for this platform.)
Created at 190908 15:46 PDT