A side chain yes. Found the introduction post which will do far better at explaining things than I.
https://steemit.com/steemengine/@aggroed/introducing-steem-engine-com
Things may have evolved slightly since then, and there are a ton of tokens now.
With the long-awaited Smart Media Tokens coming soon (2+ years 'soon'), it's going to be interesting to see how these Steem-Engine tokens fair. I think that some will likely migrate over, and that there will be no need (thinking the Steem Monsters related tokens) for some.
I think Smart Media Tokens will be interesting, very different from ETH, EOS and TRX tokens considering the distribution that occurs here. I also read a post about users being able to invest by delegating their Steem to projects in exchange for tokens. Something I haven't seen happen anywhere else. This blockchain is really ahead of its time and I'm getting very excited investing in it. :-)
Good to hear!
This has been around a while in various guises. Steemhunt, and I think actifit also reward tokens (or at least STEEM) for delegating stake. But yes, I don't think this hasn't really kicked off yet and hopefully SMT will help.
When I'm sad about waiting for SMT, I always go back to this post for a reminder :)
https://steemit.com/smt/@donkeypong/the-day-the-paywalls-died-how-steem-s-smart-media-token-saved-my-family-s-newspaper
and some lesser known creator had a go on the subject a while back too
https://steemit.com/smt/@abh12345/smt-for-the-attention-of-vango-com
Those were some good posts, thanks for the links! :-)
No worries.
The search of Steem content is best done in google I find, but i guess a bit of author knowledge helps though.
WOW that post by @donkeypong was very powerful!! Ha, I upvoted it but nothing happened, I guess because it's an old post? :-D Did I lose voting power?
Will read yours next!
Yeah I am fond of that post and have shared it a few times.
Posts can only earn for 7 days, then any votes cast do not count and you don't lose any VP. I use https://steemworld.org/ to check my accounts business and find it the most presentable of chain 'windows'.
What we do have the option of doing now is Cross-posting an old post into a community. And so I guess if there was an SMT community, you could cross-post this one into there. You are the poster (of the link and short description) but the original author takes 90% of the reward via beneficiaries.
There is much to take in and I'm learning daily after being here pretty much daily for 3 years or so!