After talking to @inertia on steemspeak.com discord I was educated on SMTs & the idea that SMT could end up being an option for payouts in your rewards options, next to decline payout, 50/50 and 100% Power Up

in #steem7 years ago

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After discussing SMT (Smart media Tokens) with @inertia on the https://steemspeak.com discord channel, I was educated about this potential new feature or addition of SMTs as an optional Asset to get Paid in, next to the existing options of 100% Power up, 50/50 SBD/SP and Decline Payout. My very rough draft of just one potential future shows how it just MIGHT look, giving you an option to get paid in partly SMT instead of SBD? + there will be SMT Vesting (Like SMT Power and SMT Power Ups and downs) & there MAY be SMTs on the internal market (Hopefully one to track BTC and the US Dollar? :D ) & we MAY have an SMT reward pool? LOL+these SMTs will work like Steem where you can become majority owner of your own SMT. I am hoping like with EOS we will see many Airdrops made to existing SteemPower holders (like Golos) so we experience the same effect the EOSdac was able to harness to create a multi million dollars marketcap overnight out of thin air! All because a project was created over EOS and dropped 1:1 on the chain! The miraculous EOS Airdrop Success+its End to the Ico age was outlined here in a reddit post by Keats_in_rome sent to me by @surfyogi

EOSdac just completed its airdrop in a 1:1 manner for EOS tokens. The result? A several hundred million dollar market cap. Out of thin air. In a few days. At the same moment, by keeping some tokens to themselves, the team self-funded. This demonstrates the immensely innovative economic model of EOS that essentially no one has caught onto yet. EOS is going to move us away from the insane ICO model that people have been doing on Ethereum for so long. You don't have to do KYC, have people sign up, do bounties, or anything else. Tell people about it, have a presence, make a website. Announce a countdown. But that's it. And then just airdrop the damn tokens. Bomb the chain in a 1:1 manner. Keep 10% or so for yourself as a bounty. BOOM.

I feel like SMTs will do this for Steem :D


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Thanks @inertia for educating @ackza on this
@ackza thanks for sharing

Thanks @ackza for this #steepshot But ackza let me now #steemspeak.com is beneficial for minnows or not would you like to tell me please.

Thanks for this idea @ackza.Day by day youre giving more helpfull post and information for steemit.

Thanks @ackza for this great information.
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stepshot.....
that is amazing.

cool

wow thats great.....SMTs doing a great job!

very cool information my friend

Informative analogy about SMT, really people needs to be more educated about SMT and what it offers in the steem blockchain. Because I see SMT has a bigger potentials and values @ackza

thanks for this. reading up on steem news and trying to understand the vision and future. your analysis and sharing really enlightened me!

this is an interesting idea and I hadn't heard anything about it until now. I have to really try and wrap my heard around it. I'm sure if/when it is implemented you'll write a post telling us how to maximize our earnings . (hint, hint)

SMT is definitely coming to change the social media trend

Thanks for sharing Steemit update news.
I appreciate your post.
All the best

yeah,,,this is a good article,,,Btc and Sbd is related to each other,,thanks for sharing,@ackza

SMT's will be to steem, what erc-20 tokens are to Ethereum. They will be managed in their own platforms. One interesting SMT will be Appics, it will have Appics power and Appics dollars as well. Steem will be the crypto powering them. You will have to use those platforms to earn whatever SMT they are offering. On the brighter side, less steem will be in circulation as more of these tokens will be made and it will be the main trading pair, pushing steem further up in value. Once SMT's are released, watch Steem soar like it never has.

I would love to know when they finally will release it.... June? August?...

I don't know but I would like to see a time frame. Sucks being in the dark.

its so great SMT ,,i will see a huge future of SMT,,
thanks a lot dear @ackza sir ,its so usefull for steem

you made my stay stay on steemspeak so good and for every minnow too @ackza

Thanks for sharing Steemit update news.
I appreciate your post. keep it up

Waoo thanks for sharing sir,

This is really great to hear, and this change in payout module after SMT's reflecting as amazing add on. Awaiting for the SMT's. Thanks for sharing and wishing you an great day. Stay blessed. 🙂

very interesting. I like the fact you can use SMT without an ICO, very cool.
Lack of KYC is very important..