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RE: dfve

in #steem • 7 years ago

Great post @lukebrn about SMTs.

Yeah, It is a great initiative by steem blockchain. It would be profitable in many ways, bloggers means content creators and curators earn money everywhere outside of Steemit. Some of the great website medium, mashable and reddit can include SMTs in their website.

One of the great benefits are that It'll help steemians because it brings a huge number of transactions and also the price of Steem is going to increase over time. I feel after this project the future of Steemit and Steem blockchain will be so bright.

7 years ago in #steem by
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     7 years ago  

    Thank you! I agree. I'm not sure if they will integrate SMTs or not, as they may prefer to launch their own cryptocurrency, but that being said, I imagine a lot will use SMTs as they are easier to use.

    Thanks for the great comment, keep it up!

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     7 years ago  

    Yeah, exactly, There is possibility that the big website might launch their own Cryptocurrency but the best part is that a lot of medium website or might big will integrate SMTs due to the popularity of Steem blockchain and steem currency. A lot of Steem witnesses believe that SMTs will bring more potential to steem blockchain. One of them is @aggroed.

    Thanks for the appreciation.

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     7 years ago  

    I agree completely that SMTs should bring a lot more potential to the STEEM blockchain. No problem!

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     7 years ago  

    From the whitepaper:

    With SMTs, the entrepreneurs have the flexibility to decide on the economics of the tokens they integrate into their products, from the inflation rates to the algorithms that distribute the tokens.

    Many people have different ideas on the direction Steemit should go. This could drive the evolution of Steemit as people will try a variety of ideas and the best ones will survive long term. Thanks for sharing your find.

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