[ANN] Snip - The Future of News on the Blockchain

[CryptoGatherer]

I have a few more questions for a Snip representative:

1.  Since there is no mining of coins, how are you encouraging people to put nodes on the network? 
2.  How are you decentralizing the public ledger?
3.  How are you decentralizing the IPFS nodes?  Are they all owned and controlled by Snip company?

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[ranih]

I have a few more questions for a Snip representative:

1.  Since there is no mining of coins, how are you encouraging people to put nodes on the network? 
2.  How are you decentralizing the public ledger?
3.  How are you decentralizing the IPFS nodes?  Are they all owned and controlled by Snip company?

1. SnipCoin is an ERC20 token. We don't have our own blockchain. We of course encourage people to put notes on Ethereum network...
2. What public ledger?
3. We will use the existing IPFS nodes, and hopefully will add some of our to the network. The IPFS is decentralized and not controlled by Snip

[CryptoGatherer]

I have a few more questions for a Snip representative:

1.  Since there is no mining of coins, how are you encouraging people to put nodes on the network? 
2.  How are you decentralizing the public ledger?
3.  How are you decentralizing the IPFS nodes?  Are they all owned and controlled by Snip company?

1. SnipCoin is an ERC20 token. We don't have our own blockchain. We of course encourage people to put notes on Ethereum network...
2. What public ledger?
3. We will use the existing IPFS nodes, and hopefully will add some of our to the network. The IPFS is decentralized and not controlled by Snip

Thanks very much for the quick reply!

[Dinct]

I have a few more questions for a Snip representative:

1.  Since there is no mining of coins, how are you encouraging people to put nodes on the network? 
2.  How are you decentralizing the public ledger?
3.  How are you decentralizing the IPFS nodes?  Are they all owned and controlled by Snip company?

1. SnipCoin is an ERC20 token. We don't have our own blockchain. We of course encourage people to put notes on Ethereum network...
2. What public ledger?
3. We will use the existing IPFS nodes, and hopefully will add some of our to the network. The IPFS is decentralized and not controlled by Snip

Thanks very much for the quick reply!

Haha told you they are quick  Join telegram for even quicker responses. Communication is really great 

[ranreichman]

Hey everyone, Great to see the excitement towards the sale! Reminding to beware of fraud! We will never contact you in personal messages, only in official announcements. Triple check across various channels (Telegram, Twitter, etc).

[siddartha1492]

Hmm, the idea is cool about using the snip token among readers, writers and advertisers. So what's the ICo for? fundraising?

[ranih]

Hmm, the idea is cool about using the snip token among readers, writers and advertisers. So what's the ICo for? fundraising?

The tokens sale funds will be used to develop the platform. In addition, we're interested in selling the tokens to our community and early adopter so they can starting using them on the platform as soon as possible.

Thanks!
The crowdsale is in 15 hours!!!

[ranreichman]

Less than 10 hours left! 
Beware of fraud! Check multiple channels for information (Twitter, Telegram, Slack) and know that all personal messages are scams.

[aleksus]

On what exchanges SnipCoin will be traded after ICO ?

[ranih]

On what exchanges SnipCoin will be traded after ICO ?

We're checking the exchange issue but currently don't have news. We're working hard on staying compliant with regulation, which is becoming more and more important

We can assure you is that the token will be used on the platform and will have a real demand from users and advertisers

[aleksus]

On what exchanges SnipCoin will be traded after ICO ?

We're checking the exchange issue but currently don't have news. We're working hard on staying compliant with regulation, which is becoming more and more important

We can assure you is that the token will be used on the platform and will have a real demand from users and advertisers

So, do I understand you right that you will have an option to trade tokens inside snip platform, where initial investors could sell it to content readers/writers ?

[Brilliantrocket]

Will there be a minimum cap or something?
what about unsold tokens, will it get burned or remain in contract?

[ranreichman]

On what exchanges SnipCoin will be traded after ICO ?

We're checking the exchange issue but currently don't have news. We're working hard on staying compliant with regulation, which is becoming more and more important

We can assure you is that the token will be used on the platform and will have a real demand from users and advertisers

So, do I understand you right that you will have an option to trade tokens inside snip platform, where initial investors could sell it to content readers/writers ?

Buyers in the token sale use the tokens on the platform for content products or advertising, content creators are rewarded with tokens for their efforts.

[ranreichman]

Will there be a minimum cap or something?
what about unsold tokens, will it get burned or remain in contract?

If there are unsold tokens they will be transferred to the various token buyers based on the number of tokens they bought.

[ranreichman]

Sale is now live! https://snip.network

[Zocadas]

Many of the projects with reader-paid news written by users failed, because it was difficult or impossible to build up such a large network that the project could pay itself. There were huge money amounts neccessary to carry the projects to success. You have taken up this model with the new financial technology and thus have very good prospects for success. I think it's great and will be a role model in near future.

[Lugano]

The idea seems a big joke ever i saw, how you dude to fighting against the fake news before?

yes ，i have the same opinion

[cryqtovn83]

The idea seems a big joke ever i saw, how you dude to fighting against the fake news before?

yes ，i have the same opinion

Users need to feel safe when using the Snip platform. Therefore, along with choosing their preferred news feed personalization algorithm, users can add their own rules to filter out content that they prefer not to see. For example, users may choose not to view content they believe to be fake news, or content deemed to be of poor quality by community members they trust. This can be done in a few ways::
1. Blocking posts or comments from specific users.
2. Blocking specific words (or word groups) from appearing in the personal newsfeed or notifications.
3. Choosing a spam filter - users can choose their own spam filter (or no filter at all), in the same manner as the personalization algorithm.
By default, these filters are not public so that each user’s privacy is protected. Of course, users can choose to share these filters publicly if they want, allowing others to utilize them

[ranreichman]

Many of the projects with reader-paid news written by users failed, because it was difficult or impossible to build up such a large network that the project could pay itself. There were huge money amounts neccessary to carry the projects to success. You have taken up this model with the new financial technology and thus have very good prospects for success. I think it's great and will be a role model in near future.

Thanks! Totally agree with the analysis

[iamaruf]

what is the ICO price of Snip.I wanna participate in in crowdsale.but cannot see the price.Another question what about the referral program? If people only signup from my referral I will get 3000 snip?