Snip Today

Company Overview

Snapshot

Founded in June 2016 by Ran Reichman and Rani Horev, Snip Today operated with 1-10 employees. The company ceased operations in February 2020.

Business overview

Snip Today developed a blockchain-based news platform designed to decentralize news and empower users. The platform allowed individuals to write short news stories and be rewarded for their contributions, with content presented through personalized news feeds powered by open-source algorithms. At its core was SnipCoin, an ERC20 token used by advertisers for ad space and by readers to tip writers or access premium services like ad-free content or personalized audio podcasts. Snip Today operated in the Media & Entertainment Technologies sector, targeting consumers and the broader media and publishing industries.

Company Intelligence Q&A

What is Snip Today's primary business model?

Snip Today operated with both B2C and B2B business models, leveraging its blockchain-based news platform and SnipCoin cryptocurrency.

What was the core technology behind Snip Today's platform?

Snip Today's platform was built on blockchain technology, utilizing decentralization to address issues of verifiability and bias in news, as highlighted in an August 2017 Forbes article.

What was the purpose of SnipCoin?

SnipCoin was an ERC20 token central to the Snip Today platform. Advertisers used it to purchase ad space, while readers could use it to tip writers or pay for premium services such as ad-free access or personalized audio podcasts.

When did Snip Today cease operations?

Snip Today ceased to operate in February 2020, as indicated by the unavailability of its website and social media, and founders not replying to emails.

Who were the founders of Snip Today?

Snip Today was co-founded by Ran Reichman, who served as CEO, and Rani Horev, who held the position of CTO.