It's not like I completely understand how SMTs and Oracles are going to change the game, but I have a feeling it is not the wisest thing to just bet everything on these to solve all our problems. I can tell you that usually when you are like, yay, this is going to happen in the future and change everything, you are then unpleasantly surprised that things didn't exactly go the pink planned way :-)
It's not like I am trying to be a pessimist, though ;-)
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I agree. Banking on theoretical developments that haven't been implemented isn't really my style, but the fundamentals of what they are doing will help address the biggest issues. We need price discovery for content that isn't completely broken. We need incentives for curators to actually promote quality content and have an organic "trending" feed. We need actual burn cases for the tokens to counter inflation and create some kind of scarcity. There have been so many suggestions that ways to go about doing these things that just get completely ignored that it's unreal. SMTs should in theory make it easier to tokenize value and create price discovery for the content by not paying people in STEEM. Dapps need users and will have to use their STEEM to create accounts and give RC to "normies." Oracles allows for content moderation to get rid of all the spammy bullshit and keep the DAPPs or Communities clean. All of this can already be done with some top notch coding, but we either don't have that many devs that can actually code these dapps that well or they have no incentive to actually do it as they are simply in it to make the most fast cash as possible. Probably some combination of the two. These are just my thoughts on the situation and no I don't think SMTs and Oracles are a silver bullet to all of our problems, I just think they will give better resources to make creating communities with tokenized value and content price discovery easier.
@steeveapp is totally planning to address these issues. You can read more about it a post that is a followup to this article actually:
https://www.steeve.app/@steeveapp/steeves-business-plan
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Awesome I'll check it out!