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RE: Ned Scott CEO of Steemit Inc CONFIRMS he is STAYING on Steemit on his Telegram group. Ned is NOT 'selling 50% of his Stake" NOPE he is just powering down 1.8 Million Steem but thats NOT the same as Selling on the market! COMPLETELY different things!
did he say why he was powering down? For me it still raises flags. What would be the benefits of powering down?
You first need to understand he may feel he has too much steempower in one account and sincehesnot utilizing his rewards much (good for us , we get bigger allocation) then it doenst matter if he powers down and sends teh steem to a new account fopr development
he is already using this @brixtongg account which isnt doing anything yet, but check its wallet see how its got 110,000 Steem from ned now, few days ago, and thats awesome! It may be some sort of clothing apparel line for steemians or custom hoodies andt shirts when you create an SMT, you can hire a steemian on utopian.io type service to make your custom logo and then have it printed on some MERCH maybe to have automated MERCH stores on your Steem Community/SMT page! I feel like this new project may be either with the brixton clothing company like i found here https://www.brixton.com/
or MAYBE it is for the CITY of Brixton to have their own crypto currency? I dunno i feel like theres so many possibilities! Im just glad to see movement in the ecosystem! SMts one page order form looks AMAZING like ANYONE will be able to create an SMT unlike ANy other crypto! https://smt.steem.io
thanks for the informative response.