SnapCity is an amazing new geo-locations adventure and discovery game for businesses all over the world, and it’s based on the blockchain technology. It’s an advertising system that will successfully boost any business.
How does SnapCity work?
SnapCity allows its users to explore the most exciting things that cities from all around the world have to offer and they’ll eventually be rewarded with points. These points come in the form of Snap tokens that users will be able to use for completing tasks. As a user, you’ll be able to earn your cryptocurrency by completing the tasks given to you by the business or the SnapCity team itself.
The challenges are entertaining and easy to accomplish. For instance, you may have to visit a particular location and take a selfie with yourself and a business’ store in the same picture in order to prove that you have visited that location. The points that you are making are redeemable as money at the local affiliated businesses for free items and discounts. The challenges will be verified via the decentralized and distributed blockchain. This is really useful because it prevents the spending of Snap tokens more than once.
A fantastic way of promoting businesses
You’ll be able to visit all kinds of locations and earn cryptocurrency, and on the other hand, local companies will get a great chance of promoting themselves while at the same time getting lots of users to rock up to a specific location. Business owners will have a lot of possibilities to promote them, and users will have the most amazing time earning Snap tokens.
Snap tokens ICO
The Initial Coin Offering is the SnapCity team’s crowdsourcing tool that helps the system raise money for the SnapCity platform. This is done by trading snap tokens in exchange for the cryptocurrency Ethereum. Based on the Ethereum blockchain, Snap tokens are ERC-20 tokens.
The SnapCity team is part of a new tech project that needs start-up capital, and by now it has a supply capital of 200 million Snap tokens with 40% of the token supply, 80 million tokens, available for pre-sale ICO and cowed sale. The other tokens will be distributed 50% for founders and the team and 10% for the bounty campaign.
The ICO exchange rate for the Snap token is 1 Ethereum is 25,000 tokens. The Snap token sale is currently live, and it has been on since January 13, 2018. By now, the ICO managed to raise about 56 ETH from the sale of their tokens. The team is currently negotiating with the most popular cryptocurrency exchanges to make sure that the Span tokens are listed for sale when the ICO ends.
Supporting SnapCity’s potential for the future
The SnapCity team has recently developed a reward system where users gain points for sharing the challenges on social media including YouTube, Twitter, and Facebook. The most recent project of the platform is under development, and it involves a prototype incorporating Ethereum and Snap token wallets into the SnapCity platform. The primary target of the wallet will be to make sure that the digital assets on the platform are safeguarded and highly secured.
SnapCity mirrors the future of tourism and everyone involved in the system wins. Gamers earn rewards while visiting places and having tons of fun and businesses get a unique platform where they can successfully advertise their services paying with Snap tokens. Entering this system and supporting it with your trust will get you a place in the very front row of tourism’s innovations.