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RE: Why Steem and Smart Media Tokens?
A SMT will be exchanged through STEEM, so we won't have a pack of SMTs and STEEM only one of them. We will have STEEM, and after that a cluster of SMTs over STEEM. Market-wise, this will in all probability help interest for STEEM, as a token.
Additionally, the SMT age system is far more mind boggling than only a token issuance on the Ethereum stage. When you dispatch a SMT, you truly dispatch a thin layer of Steem-application-forms over your substance, including your own particular prizes pool, your own particular swelling model, your own particular voting and curation calculations and your own vesting component.
Hope this helps.
so If I want to create an SMT, I need to put Steem Power into it . This is the point where my SMT gets value?
from the WP
Nicely put. It works right out the box with Steem-like features!
SMT is their own content economy just like Steem is? There own free floating value? How would you trade such a low liquidity token like that through Steem? Just curious about the liquidity of the SMT since we are talking mini-micro tokens at least to start with under $10,000 in total cap.
Would be nice if you name the source @bbomber which is @dragosroua in my post this morning.