Cryptocurrency

Snap-to-Earn Platform SNPIT Announces Global Expansion After Successful Debut in Japan

Key Takeaways

  • SNPIT introduces the pioneering concept of Snap to Earn by combining photography and blockchain technology, giving users a unique opportunity to monetize their passion for photography.
  • Following its successful debut in Japan, SNPIT is now expanding globally, capitalizing on its growing popularity and significant interest in its unique features.
  • Leverage DePIN, SNPIT’s “world repository,” to redefine how visual data is documented, shared, and leveraged to create a more interconnected and informed world.

Snap-to-profit platform SNPIT aims to revolutionize the convergence of photography and blockchain technology. Developed by Gallusys and published by Zeal Nova, SNPIT seamlessly blends elements of GameFi with everyday lifestyle applications, giving users an innovative way to monetize their passion for photography. Following its successful debut in Japan in late 2023, SNPIT is now targeting English-speaking markets globally.

SNPIT capitalizes on the modern trend of taking frequent photos, allowing users to earn rewards for their snapshots. Since its beta launch in September 2023, the platform has garnered significant attention.

Demonstrating incredible demand, SNPIT completely sold out of its initial collection of 10,000 camera NFTs priced at 150MATIC each in just 21 hours. These quick sell-outs highlight the burgeoning popularity of the platform and the significant interest in its unique features.

Strategic partnerships have played a pivotal role in expanding SNPIT’s visibility and attracting a diverse user base. A notable collaboration with White Scorpion saw the release of a limited edition Camera NFT, attracting over 300 new users to the community. This partnership demonstrates SNPIT’s ability to seamlessly connect the web2 and web3 communities.

SNPIT’s latest milestone comes in the form of the “World Repository”, an innovative photo database leveraging Decentralized Physical Infrastructure Network (DePIN) technology. The platform allows users to upload photos with accurate timestamps and location data, facilitating secure storage and global accessibility. With applications ranging from cultural heritage restoration to metaverse content creation, environmental preservation, and generative AI training, the “World Repository” will redefine how visual data is documented, shared, and leveraged to create a more interconnected and informed world. The goal is to create.

Additionally, SNPIT announced a strategic partnership with Bank of Blockchain Games (BOBG) to issue $SNPT tokens. This collaboration represents an important milestone in SNPIT’s expansion strategy to provide the platform with robust token issuance capabilities and integrate advanced blockchain solutions.

By collaborating with BOBG, SNPIT aims to enhance the platform’s capabilities and global reach by leveraging its expertise and infrastructure to ensure secure, efficient and scalable token launches.

SNPIT’s visionary CEO and founder Toshiyuki Otsuka emphasized the platform’s transformative potential: “SNPIT is more than just an app. It’s a movement that helps users turn everyday moments into valuable assets. Our successful debut in Japan validates our vision and we are excited to introduce SNPIT to a global audience. We strongly believe that the innovative combination of GameFi and lifestyle powered by DePIN technology will resonate with users around the world, and we continue to work to expand our impact.”

With SNPIT at the forefront, the intersection of photography and blockchain technology is undergoing a paradigm shift, promising new opportunities for creators and enthusiasts alike around the world.

Also Read: Magic Eden users get exclusive access to APhone DePIN based virtual phone app.

Related Articles

Back to top button