{"id":33338,"date":"2022-10-27T23:28:10","date_gmt":"2022-10-27T23:28:10","guid":{"rendered":"http:\/\/egrowonline.com\/?p=33338"},"modified":"2022-10-27T23:28:10","modified_gmt":"2022-10-27T23:28:10","slug":"snapy-launches-snap-to-earn-feature-to-earn-cryptocurrency-without-investing-money","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=33338","title":{"rendered":"SNAPY \u2013 launches snap to earn feature to earn cryptocurrency without investing money."},"content":{"rendered":"


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SNAPY<\/figcaption><\/p>\n<\/figure>\n

DUBAI, UAE, Oct. 27, 2022 (GLOBE NEWSWIRE) — SNAPY<\/a> is a next-generation Web3, reward-based social media application that introduces a new ecosystem that merges lifestyle, passion, and user-generated income inside a single mobile application.<\/p>\n

Simply take a picture, add a description, including a few relevant hashtags, post it, and wait for people to comment or upvote your post.<\/p>\n

The amount you earn is based on the amount and the quality of upvotes you receive from users of SNAPY. Unlike on any other popular social media site, where 100% of the platform\u2019s value and revenue goes to the corporate shareholders. SNAPY enables all users to earn a fair share of the overall revenue, as well as a creative influence within the network, through a cryptocurrency reward token \u201cSPY\u201d.<\/p>\n

SNAPY turns the traditional social media hierarchy around by giving its users the opportunity to receive financial compensation directly from their content and engagement, earning real revenue from receiving \u201cVotes\u201d directly via blockchain technology.<\/p>\n

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On SNAPY<\/a> users can share content in the form of photos and short videos. Comments are also regarded as a form of content and users can vote on comments as well, incentivizing people to add positive, helpful, or encouraging comments. Snapy offer a decentralized reward pool, with a utility token. SPY tokens are allocated to a reward fund called the \u201creward pool\u201d. The reward pool gives users tokens for participating on the platform based on the value they contribute. By upvoting, users can decide how and to whom the tokens from the reward pool should be distributed. On SNAPY users are incentivized for participating in the network. The SPY tokens are the fuel of the SNAPY platform. The more active you are, the more you earn and the higher your voting power. For example, SNAPY user upload a sneak peek of one of their music videos, he\u2019s part of. Instead of giving him a \u201clike\u201d with zero value, users can give him an upvote. Depending on how much a user appreciates the content, they can choose to give a higher upvote and allocate more SPY tokens to the piece of content.<\/p>\n