@lukebrn, great post. Reesteemed.
I would be interested in your thoughts on how someone would monetise a website, with lots of users, say you had 1000's of people interacting on your website, with active forums etc, and you introduced SMT's.
How would everyone on the say this hypothetical website benefit from the SMT's which they accrued whilst using the platform and what value would they have and how would you sell them.
They are not really like Steem which can actually be sold in a marketplace?
I would be interested in your thoughts?
Thanks for the comment! Companies who use SMTs will have to ICO. So users will have to buy the SMTs during ICO, and SMTs will work on the STEEM DEX.
Then, I imagine users will create an account with a service something like Steem Connect, so that they will get a unique wallet for the website.
Hope this help, appreciate the resteem and upvote!
Thanks Luke, it will be interesting to see whether small website communities can adopt SMTs going forward.
I also think there will be more businesses building on the Steem platform, like Vice, so we will probably get a couple of airdrops every year going forward, which makes our Steem that much more valuable.
Actually VICE have forked STEEM so will not be using an SMT any more!
I agree though that there should be a few platforms doing it!