RE: Announcing: Smart Media Tokens (SMTs)

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Announcing: Smart Media Tokens (SMTs)

in steem •  7 years ago 

Still reading whitepaper but Is it possible to make tokens that reward other metrics of interaction (comments/views/shares)?

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7 years ago by

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      ·  7 years ago (edited)

    Short answer is yes, using centralized or decentralized distributions. It's more straightforward to do centralized distributions, similar to the way BAT may do it, but there appears so to be great value in decentralizing distributions from a trustless (user safety/confidence) and regulatory (FinCEN) perspective so I came up with Reputation and identity oracle mechanism that can be fused to an SMT's Proof-of-Brain distribution system. It's covered in the paper briefly and I think I'll expand on this question in a video q&a soon

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