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RE: Smart Media Tokens Could Bring Mass Adoption To Steemit Allowing Anyone To Launch Their Own Coins
The Steemit Alexa rank was improving, but seems to have peaked. I hope the SMT announcement will get some publicity in the tech media and draw more people here. I think advertising can't scale like the internet needs to. We need a new model
This model would spread by word of mouth, just like steemit has. It"s slower than traditional advertising but sticks to users better. Look at Facebook for example. All done by word of mouth and it's huge.
Yes, but FB also got the media in a frenzy. Any site needs a critical mass before word of mouth can help it really grow by the network effect.
True, critical mass creates that tipping point and it took Facebook a while to do that.
Getting other sites to implement these advantages into their sites could help create the tipping point that Steemit needs to send it into mainstream adoption. Imagine, for example, if the New York Times or Rolling Stones Magazine, which are both WordPress websites, by the way, added a Steemit widget to their site.
Overnight, millions of their readers could be using Steem without even realizing that is what they are doing. They just thing that they are being rewarded for adding valuable comments to the site they are already engaging with.
That is a win for the reader, the website, and for Steem.