News is broken. A small group of corporations decide which information is worthy of print, promoting clickbait and biased articles, and people who create great content are rarely rewarded for their hard efforts. No wonder that trust in the media is at an all-time low.
Snip is a new type of news platform, decentralized and powered by the community. On Snip, anyone can write a news story about any topic, and readers can find news that matters to them. Contributors are rewarded with tokens according to the popularity of their posts and comments. A community-based news site, owned by the community, can become the top news site in the world and cover any subject, from breaking news to entertainment and everything in between.
The content on the platform is personalized for each user using an open-source newsfeed algorithm, and users can choose their own algorithm. Since people prefer reading short and concise stories, the default algorithm assigns higher value to short content.
At Snip we strongly believe that there shouldn’t be a single arbiter of the truth and that relying on content selected by the mainstream media is a form of censorship. Snip content is not censored and is stored in a decentralized manner. Users will choose their own trusted content filters, allowing them to ignore specific words or sources of content, but any legal content meeting basic community standards (e.g. not spam) will be allowed to stay on the platform.
Snip Coin
