The new steemit project have to be huge ! It's Smart Media Tokens or SMT it's the token made on steem blochchain for people to use it to monetize their traffic. For more detail you can check : smt.steem.io
This amazing token is created by CEO of steemit Ned Scott ( @ned ). So if you believe in steemit you have to believe in SMT also. You can read the white paper here : Smart Media Token White Paper
I think that it will be huge because :
It's created on steem blochchain.
It's created by an amazing team.
It will be used by anyone that have traffic.
I am advertising it because :
It will make steemit more popular.
It's a revolutionary idea.
It's something new on the web.
This is great news and something big to inves in.
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I think so !
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Their white paper reads well, and indicates a very careful and considered approach toward implementing the technology and improving it as they find flaws. They're already asking for criticism of the white paper, which I recommend anyone interested in emerging cryptocurrency markets take a look at. If nothing else keep your eyes on SMTs in the near future, as this could easily prove to be a game-changer in the long run.
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You are right, I hope your words came true in the near future.
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Just a note: SMT is not a token itself. It is the classification of Steemit-based User Created Tokens similar to User Issued Assets (UIA) created on the Bitshares DEX.
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so we can't buy it ? we will not have any smt on the market ? for what it's created so ? can you explain with an easy language ?
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SMT "Smart Media Tokens" is the general name for any token that you or me will be able to create within Steemit when they release this feature. So we will all have the ability to create our own crytopcurrency tokens that we can use to raise funds (ICO), give out to support projects and communities, or whatever else we need them for.
This is similar to how there are User Issued Assets (UIA) over on the Bitshares exchange that support projects on Steemit now.. Whaleshares, Voiceshare, etc that are given out to people for contributing to community projects or contests, then people can exchange them for upvotes by the person giving out those tokens.
The Smart Media Tokens feature brings that internally to Steemit.
I'm not part of the team creating it, but that is the basic overview. I hope that helps :-)
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So glad Steemit is becoming so much more than just the initial "reddit but you get paid" format.
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This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
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SMART MEDIA TOKENS BABY BAAABY.
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I believe in steemit and I believe in smt it is going to vitalize the entire INTERNET great post and thank you for the link to the white paper I am reading it all.cheers have a great week.
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