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You are at:Home » Snap-to-Earn Platform SNPIT Announces Global Expansion After Successful Debut in Japan
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Snap-to-Earn Platform SNPIT Announces Global Expansion After Successful Debut in Japan

"SNPIT transcends being just an app; it's a movement empowering users to transform everyday moments into valuable assets... our innovative blend of lifestyle and GameFi, powered by DePIN technology, will resonate with users worldwide," states SNPIT CEO and Founder Toshiyuki Otsuka.
Rakhi ShahBy Rakhi ShahMay 22, 2024No Comments3 Mins Read
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Snap-to-Earn Platform SNPIT Announces Global Expansion After Successful Debut in Japan
Snap-to-Earn Platform SNPIT Announces Global Expansion After Successful Debut in Japan
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Key Takeaways

  • SNPIT introduces a pioneering concept of snap-to-earn, merging photography with blockchain technology, offering users a unique opportunity to monetize their passion for photography.
  • Following a successful debut in Japan, SNPIT is now expanding globally, capitalizing on its rising popularity and considerable interest in its distinctive features.
  • Leveraging DePIN, SNPIT’s “World Repository” redefines how visual data is documented, shared, and utilized, fostering a more interconnected and informed world.

Snap-to-earn 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, offering users an innovative avenue to monetize their photographic passion. Following a successful debut in Japan in late 2023, SNPIT is now setting its sights on English-speaking markets globally.

Capitalizing on the contemporary trend of frequent photography, SNPIT enables users to earn rewards for their snapshots. Since its beta launch in September 2023, the platform has captured significant attention.

In a remarkable display of demand, SNPIT completely sold out its initial collection of 10,000 Camera NFTs, each priced at 150 MATIC, within a mere 21 hours. This rapid sell-out underscores the platform’s burgeoning popularity and the substantial interest in its distinctive features.

Strategic partnerships have played a pivotal role in amplifying SNPIT’s visibility and attracting a diverse user base. A notable collaboration with White Scorpion led to the release of limited-edition Camera NFTs, enticing over 300 new users from their community. This partnership exemplifies SNPIT’s ability to seamlessly bridge web2 and web3 communities.

The latest milestone for SNPIT comes in the form of the “World Repository,” a revolutionary photo database harnessing DePIN (Decentralized Physical Infrastructure Network) technology. This platform allows users to upload photos with precise timestamps and location data, facilitating secure storage and global accessibility. With applications ranging from cultural heritage restoration to metaverse content creation, environmental conservation, and generative AI training, the “World Repository” aims to redefine how visual data is documented, shared, and utilized, fostering a more interconnected and informed world.

Furthermore, SNPIT has announced a strategic partnership with BOBG (Bank of Blockchain Games) for the issuance of the $SNPT token. This collaboration represents a significant milestone in SNPIT’s expansion strategy, providing the platform with robust token issuance capabilities and integrating advanced blockchain solutions.

By joining forces with BOBG, SNPIT aims to leverage their expertise and infrastructure to ensure a secure, efficient, and scalable token launch, thereby enhancing the platform’s capabilities and global reach.

Toshiyuki Otsuka, the visionary CEO and founder of SNPIT, emphasized the platform’s transformative potential, stating: “SNPIT transcends being just an app; it’s a movement empowering users to transform 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 firmly believe that our innovative blend of lifestyle and GameFi, powered by DePIN technology, will resonate with users worldwide, and we remain committed to expanding our influence.”

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 on a global scale.

Read Also: Magic Eden Users Get Exclusive Access to the APhone DePIN-powered Virtual Mobile Phone App

Blockchain Technology DePIN
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Rakhi Shah
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R Shah is a journalist and writer based out of Delhi, India. She is an Economics graduate from Delhi University. She can be reached at R.Shah@alexablockchain.com.

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