📚Learn to Earn

One of the main missions of Snaps is to lower the threshold of entry into the crypto industry as much as possible for people who have never encountered cryptocurrencies before. To achieve this goal quickly and easily, the Snaps team has developed the following mechanisms:

There is a complete lack of BEP-20 network commissions for people who are not familiar with cryptocurrencies.

How it works:

• Mint NFT is completely free of network commission. You don't need to top up your BNB wallet before making Mint NFT. Registered - immediately bought the necessary NFT.

• All transactions without commission in the BEP-20 network. Withdrawal of funds from the wallet, or the repair of glasses. To do this, you do not need to have BNB on your wallet balance

• At none of the stages inside the application does the user face the need to replenish his wallet for network commissions. Snaps does all this for him.

These processes make it much easier to start using Snaps from the very beginning for a user who has never been familiar with cryptocurrencies. Thus, the start is easy, pleasant and without pitfalls.

The absence of commissions is also common for other Snaps users. There will also be no commission charged for token transfers and for transactions related to the repair of glasses. Snaps pays for its users. But for this, the Gas Fee Pool was introduced. This is a repository in which 1% of each user's income in $SNPS tokens is held daily from each user. It is from this pool that the gas expenses of all Snaps users are covered.

Why Learn to Earn?

The algorithm of the user's action, which has never encountered cryptocurrencies in Snaps, looks something like this:

• NFT Mint via In-App Purchases (Apple Pay, Bank Card, etc.)

• Any transactions inside the application are commission-free, respectively, you do not need to look for a way to buy BNB and get them to your wallet.

• Conversion of $SNPS tokens into currency (USD, EUR, RUB and others) inside the Snaps application.

Thus, the user made a mint for a bank card, earned $SNPS tokens and sold his tokens to his bank card inside the Snaps application. But, firstly, mint through In-App Purchases is 30% more expensive than through BNB. And when withdrawing $SNPS tokens to a bank card, Snaps deducts 3% of the conversion fees. The user is motivated to figure out how and where he could save money if he tried to master the basics of working with cryptocurrency wallets and exchanges. This is the first, simplest step of the Learn2Earn concept implemented in Snaps.