The new technology which has created a huge hype among the people is the blockchain. It seems that people are talking all over about it.

It has been staged to change everything, starting from digital property to currency and even social media and the attention economy. The blockchain is completely built upon transparency and is widely trustworthy.

This short article is about the potentiality of blockchain technology which shall help to enable a new system of value that will support the dynamics of social sharing in a far better way than that which has been till now. The conclusion is that this scenario of blockchain technology could be able to create a commons-oriented economy in a sharing economy.

Snax: is a blockchain overlay which has been created with the main aim to cover the most widely used social media and to build up an economy based on social interactions.

The basic utility token of the DPOS blockchain is Snax. This above-mentioned platform allows the measurement of the public content value in a transparent manner and leading to rewarding of the publishers without making the social platforms to change the already established business models.

Some of the services provided by Snax are:

• Free account registration
• Instant zero-cost transactions
• Donation system
• A possibility to the creation of Apps.
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The two main focus of Snax are:

• Saving on accumulated UX
• Saving of existing network effects
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Thus, it implies that one does not need to change their usual way of using their favorite social media just to participate in this Snax economy. By collecting their Regular Publisher Awards and by receiving and sending donations one can engage themselves, as provided by Snax itself. Both of these mentioned cases are carried out by Social Transactions mechanism. This is a key characteristic of the Snax Blockchain. These Social Transactions provide an opportunity to send SNAX to any account on a social media platform, linked in with Snax. An advantageous feature of Social Transactions mechanism is the opportunity to send tokens to an account whose owner has not yet been registered on Snax.

The main aim of the Snax blockchain are:

Successful social transactions or payments over some of the most popular and widely used social media platforms like Facebook, Twitter, Instagram, Reddit etc.

Anon-fungible SNAX token support donation system.

A social media marketing platform that is decentralized A marketing platform that his a decentralized influencer. No matter the various problems and disadvantages of the number of blockchains- based social media startups are increasing every day.

Two of the most popular of them are:

Indorse it is a decentralized platform which is quite similar to that of Linkedin and is based on an Ethereum Blockchain. Various methods are used by this platform to validate skills in a way which is more simple and objective, of course using centralized consensus, where the examples of skill are anonymously judged by any random other users.

PROPS Project, this platform enables the user to engage themselves real time and gain an upvote curation power.