A quick video on a use case for SMTs that I haven't seen discussed.
Basically the use case is using tokenisation as a symbolic representation of the value people provide in our lives.
(I'll probably expand on the ideas in these video if I get the time...but for now off to enjoy Lisbon!!)
Great video, thanks for posting.
Steemfest looked great - I only watched videos, I missed out on the break dancing or whatever :-)
re video Initially I thought you were talking about 'monetizing" the human experience.
Then I started thinking your turning "life" into a "game" where chars get 'points' for "attributes"
eg i'm 80% as a giver 30% as a lover and 50% as a fighter or something
Battle bots on line the new virtual reality game that is really you &me & the new wristband is out soon that shows our 'powers' haha haha
Pokemon v3 with real people or something!
What happens to lonely, solitary, non-social Apies? tricky because we are perhaps "valuing" social worth & connectivity in some ways.
But maybe you are just replacing 'money' as an exchange of value and expanding value to include human experiences as a reward-able thing in addition to goods & typical services (accounting/car washing etc).
So as a "love" / "appreciation" token I think you might be on to something. But perhaps it really only includes the socially connected.
but what if SMT went a step further & actually tried to replace the whole concept of "money". Sort of like a barter token.
eg I fix your car, the butcher provides you meat, my landlady does someones cleaning, and a friend gives me a ride to supermarket.
exchange of value (at some rate) but beyond the concepts & limits of 'money'.
Is that what SMT are or could be?
Time will tell :-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Some good insight there. Thanks for contributing to the conversation.
I really like this;
It really encapsulates the concept.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great stuff. Sat next to you at Ned's fireside talk - stay in touch!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sure thing. I'll be sure to check out your blog.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes you should have a token to play poker ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I can call it the "cookie" token!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think it's a lack of sleep xD
If I want to tip someone using crypto - i can use steem or bitcon, e.g. a generic utility token.
If I want to remember a record of past experiences, I have my heart and feelings.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I believe there will be many others that agree with you and will not participate. However I think there could be many who find utility (and fun) out of such a coin.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Maybe, people like new ideas!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I had a good laugh at that. Don't forget the new logo too, tons of new surprise at Steemfest/
We should all just make our own tokens under our names and just try to push our tokens as the next big thing. What would be there use? Doesn't matter, we just need our own token and push it until it pumps! We would all become gansta token hustlers. Keep an eye out for ballin coin the next best token in the crypto world!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ballin coin... I love that! It's got to be worth a couple of million dollar marketcap on the name alone!
It was great chatting to you again and getting to know you a bit better at this Steemfest.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah, indeed it will be. So much wow it will have, just like dodge coin. Only people who are ballin ballers will be a part of the distribution. Then once it pumps from the hype, I will sell off all my pre-mined ballin coins that I have.
Good talking to you and getting to know you too. Using blockfolio now with notification activated thanks to you from when I missed the pump at steemfest ^_^
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@nanzo-scoop It was great meeting you, see you next year. ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Likewise. Congrats again on the pregnancy! I hope all goes well with the birth. Look forward to seeing some photos!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hope you enjoyed steemfest2 I missed out. Was great meeting you last year though lol.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah, Steemfest2 was great. It's a shame you couldn't make this one. I believe I met your brother in Lisbon?
Hopefully I'll see you at Steemfest3!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think Dan's original token of appreciation, "Brownie Points", on the BTS chain were a good example of what you're discussing. If you helped Dan or the community he would use them as a marker of sorts. The price on them rose rapidly, at one point I can remember them selling for 25 BTS / 1 BP. =)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I missed the Brownie Points idea. It sounds interesting. I'll definitely look into it and how it operated.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hmmmm....interesting perspective! Unfortunately there were a lot of stuff that didn't get discussed during the fest, but then again, 2 days are not nearly enough to discuss everything I guess. Glad to chat with you at that break, during Conference Day 1 ;) I sure enjoyed SteemFest immensely and I hope it was the same for you! I just did a very emotional post about it - can't get used to the idea that I'm back to reality, back to my -kinda boring- everyday life after this!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It was good meeting you too. Yes, it's always a come down after attending these events. Did you remember where you knew @andrarchy from? It was kinda assuming watching you trying to work it out!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
ahahaha I guess in the end he was just familiar from Steemit,I couldn't find out another explanation! ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sometimes words can explain better than writing . I feel like this would change the game up for the platform , it should get more users to join and hopefully raise the price of Steem
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
me follow and you
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So, this crypto currency is still a lot of greek to me. But, would it be a fair understanding of what you said to say I could use the SMT by giving you one for this video because I was drawn into your video because I enjoyed your accent and thought you have a beautiful engaging smile? I don't know if I would have finished the video, again greek, had you not flashed those pearly whites and smiled with your eyes as often as you did at the start. As a result, I may have understood what you were trying to say.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes - it can be as simple as "Nanzo's video (although I didn't understand it) made me smile, so I decided to by 20 cents worth of "NanzoCoin". You can then hold 10,000 NanzoCoin (or whether the exchange rate is) as a sort of tokenised memento of that moment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So I did follow your thought :D Thank you for the clarification.
Keep smiling, people might keep learning if you do ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's fucking brilliant. How much better would this be as a 'reputation' system than the current scores on Steemit.com?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I sure need to look into these SMT's into detail, because it's all super vague still to me, haha!
We missed our Snapcube last night!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lol... yes. But hopefully this time you won't forget that I was at Steemfest 2! :P
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
And I shall never forget your lovely face again! We have now more pictures for proof that we met :P
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Maybe in the future we have an account of accomplishments and nice gestures that creates some kind of public social value. I like this idea if it only tracks positive things and ignores negative ones. Otherwise we end up like in the Black Mirror or The Orville episodes where a societiy downvotes people who are exposed in a viral video or something like that. In both scenarious that created horrific repercussions for these downvoted people.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I very much see it as an account of "accomplishments and nice gestures" however a dynamic and changing one. We have a reputation system here on Steem.
However in order show your displeasure in someone or dynamically revise your own opinion of someone's reputation you have to downvote them/ their content. With a token you can simply sell your stake in their token if you previously invested in them.
If you did not invest, you can remain un-invested.
Selling some of your stake in someone else can also be a positive. If someone becomes uber popular with many people wishing to express their gratitude and love, previous stake holders can sell to them. As human value can be defined as the breadth and the depth of the people you touch in a positive way.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wow, tokenization of important memories and moments? That could lead to some interesting applications... like Instagram with a value-based ecosystem.
Now, how would something like this replace the current social media platforms? Because we kind of already have something like this in place, with viral videos that start off as personal, private interactions earning people lots of advertising money over time.
Either way, I like your train of thought!
Keep up
IQ
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hello...! @nanzo-scoop i'am verry happy look that your blog
Please if you can my post, please support mee
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I enjoy!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
me follow us and you
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @nanzo-scoop, this post is the most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 33 and the total pending payments to posts in these categories was $1115.68. To see the full list of highest paid posts across all accounts categories, click here.
If you do not wish to receive these messages in future, please reply stop to this comment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
good vd
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
that's true that will be more senseful if it can be used for providing appreciation about something :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's fucking brilliant.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @nanzo-scoop!
Your post was mentioned in the hit parade in the following category:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is eerily similar sounding to the concept of the episode of 'Black Mirror' Episode is called Nosedive season 3 episode 1 I believe... Dude, go watch that!!!!
Its on Netflix
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'll try and watch this. I've heard Black Mirror is a good series.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice one
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good video @nanzo-scoop. . . Thanks for sharing. 👍👍
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I see your point here.
Essentially a toke for every human.
Exchange of value no longer an overlay but as a direct exchange for every action and interaction. Possibly where this whole token thing will end up actually.
Upon thinking about it, humans already have a similar system. Only it isn't strict and on demand. For instance when you meet a girl, you take her out, she loves the dinner date you made possible... well.... there's a reward at the end of all that. With your example of token value of each individual, you are also right there. As women, those who are considered "gold diggers" have for a long time realized the value in specific individuals. They are then (the ones who have merit) classifying their value as high as well. Some valued so high that they are beyond the reach of the average man.
Value exchange as a fundamental will always exist in human society. It's clear that we are now in a transition from money to digital value. Looking back, this all makes sense from the humble beginnings of exchanging seeds, spices, shells etc..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Cryptocurrencies and blockchain are all over the news these days thanks to the market performance of bitcoin, and many people are jumping on this bandwagon. Here is a brief overview of what it takes to garner a share of this market.
Have an idea
This is the most important step. The critical beginning of a successful cryptocurrency is to solve a problem. A “neat” or “cool” idea may have garnered attention at the end of 2016, but the market has advanced to the point where a solid business idea that either addresses an unmet need and/or creates significant cost savings is required to stand out from the crowd.
The larger the market covered by the idea or the greater the cost savings that the coin offers means a better chance for success. Cryptocurrencies that target specific industries are increasingly common, so be sure that your coin is either the first in that area or has something unique in its approach that differentiates it from other coins.
Dentacoin is the first cryptocurrency engineered to disrupt the global dental industry, which is a large market worth more than US$440 billion. Out of this, about $400bn is spent on treating dental conditions that could have been prevented. Simultaneously, the costs for patient acquisitions are getting higher, and this is reflected in the end consumer price for dental treatments. This is an example of a great market with significant cost savings. The high level of fragmentation in this industry also makes it an ideal use case for the blockchain technology to be applied.
https://steemit.com/bitcoin/@pichreachsey/bite-into-cryptocurrency-with-a-well-crafted-launch
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
나는 당신의 글을 게시하는 것을 좋아합니다. 포스트는 좋습니다. 나는 많은 팬들이되고 싶어. 좋은 아티스트가 되려면 이념을 성취하는데 당신의 지원이 필요합니다. 너 한테 도움이 필요해.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has been upvode( 5.84 $) and resteemed by @minboot ~ Enjoy!!!
Follow me to upvode and resteem . 🌻🌻🌻
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
nice post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Integrating SMT's into the mobile wallet would be a game changer for real world transactions and imagine an exchange to trade users tokens!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi dear one. U r a humble man
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great!!! Nice Article!! I'll be following you!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit