Snaps

Snaps are tokenized shares of creators that represent social access, alignment, and potential rewards. Each Snap is tied to a creator profile and allows users to participate in a permissionless social economy.

🔧 Core Mechanics

  1. Max Supply

    • Each creator is limited to 1,000 Snap shares.

    • Once all 1,000 shares are purchased, no further shares can be minted.

  2. Bonding Curve Pricing

    • Share price increases as more Snaps are bought.

    • Early buyers receive lower prices; later buyers pay more.

  3. Reward Pool Mechanism

    • A percentage of each Snap trade contributes to a reward pool.

    • If no new Snap is purchased within 48 hours, the last buyer earns the full reward pool.

  4. Access Utility

    • All Snap holders gain direct message (DM) access to the creator inside the Clapo platform.

📊 Example Scenarios

Scenario A: Trading Activity

  • User A buys Snap #5 at 6.5 USDC.

  • User B buys Snap #6 at 6.9 USDC.

  • User A can choose to sell Snap #5 if a new buyer wants it.

  • Prices rise progressively as more buyers enter.

Scenario B: Reward Claim

  • Snap #875 is purchased by User C.

  • No further purchases happen for 48 hours.

  • User C becomes eligible to claim the reward pool.

  • After claiming, the Snap cycle resets from Share #1.

Scenario C: Gated Messaging

  • User D holds Snap #150 of Creator X.

  • Inside the Clapo app, User D can access the DM feature with Creator X.

  • If User D sells the Snap, access is revoked.

🎯 Why Snaps Matter

  • Access: Holding even one Snap opens a direct line to the creator.

  • Ownership: Snaps act as proof-of-alignment with the creator's brand.

  • Incentives: The 48-hour inactivity reward pool provides a unique timing game.

  • Scarcity: Limited to 1,000 shares, creating exclusivity and value.

🤝 Creator Benefits

  • Monetize community interest through progressive Snap pricing.

  • Receive 20% of platform fees generated by Snap trading.

  • Build deeper relationships via gated communication.

  • Encourage long-term fan alignment with shareholding dynamics.

Snaps transform social capital into a liquid, incentivized system — turning attention and loyalty into onchain action.

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