Snapy Liquidity Launch
New token launch for a reward based social media platform on BSC.
DETAILS
- Launch details
- Token will launch on Pancakeswap
- Token pair: SPY/WBNB
- Presale and listing prices will be determined at the end of the presale
- Presale will be held on Pinksale and will last for 2 days (soft cap: 100 BNB)
- Initial marketcap will be determined at the end of the presale
- 60% of the presale funds will be added to liquidity
- ❌ No information on how the remaining presale funds are allocated
- No vesting – 100% of presale tokens unlocked at launch
- Tokenomics
- SPY is the native token
- Used to pay content creators on the social media platform
- Used for purchases in the NFT marketplace
- Used to mint NFTs
- Total supply: 100,000,000 SPY
- 25% – Snap to earn rewards (100% unlocks on 2022/12/05 – lock info)
- 20.522% – Presale
- 12.066936% – Liquidity (will be locked on Pinksale 365 days after pool ends)
- 8% – CEX 1 (100% unlocks on 2022/11/20 – lock info)
- 8% – CEX 2 (100% unlocks on 2022/12/05 – lock info)
- 7% – Staking (100% unlocks on 2022/11/07 – lock info)
- 7% – Development (100% unlocks on 2022/12/05 – lock info)
- 6% – Marketing (100% unlocks on 2022/12/05 – lock info)
- 4% – Team (100% unlocks on 2022/12/05 – lock info)
- 2% – Partnerships (100% unlocks on 2022/12/05 – lock info)
- 0.411064% – Unlocked
- SPY is the native token
- 4% buy & sell tax
- 1% – Team
- 1% – Development
- 2% – Marketing
- Features
- Users share contents in form of photos & short videos
- Users who vote or like also get a share from the creator’s pay out
- ❌️ No information on the amount or %
- SNAPY tokens give voting power; bigger amount of tokens give higher amount of voting power on posts
- Voting slider helps users to determine the % of voting power they can vote on a post with
- Voting power bar shows the amount of voting power a user has left
- Each hour, a point is added to the voting power bar
- Users can lend other users their voting power with the “delegation” feature
- Voting power bar shows the amount of voting power a user has left
- SNAPY tokens are locked & cannot be traded directly although holders can unlock & convert it to liquid SNAPY tokens via the “power down feature”
- The liquid SNAPY tokens are paid out during weekly payments
- There’s a SNAPY wallet for holding & sending tokens although it is not yet live
- Each post can earn rewards for 30 days after which the voting button turns to a donation button for users to send donations to content creators
- A discovery page for sponsors, brands, advertisers & a shop feature for verified users to integrate their business into their social media profile is on the roadmap
- NFT marketplace is on the roadmap
- Snapy store is live
- Snapy app for android can be downloaded here
- Snapy app for IOS can be downloaded here