Appics SMT - Two More Weeks To The First Steem-based ICO
View this post on Hive: Appics SMT - Two More Weeks To The First Steem-based ICO
I have moved all my content away from the now centralized and controlled Steem blockchain to the decentralized Hive blockchain.
I understand this competitor steem?
They just banned me from their Telegram group when asking deeper questions. Wrote a post about it on Steemit. They currently don't seem to like if someone ask questions. They ignore real feedback by not replying. They even did it to another guy who wrote the best feedback in the group his name is aRios I think they may have banned him as well. Luckily I did a screenshot of most topics. They are not experienced so be aware.
I hate it when they do that. It happened to me with other ICOs too. Thanks for letting us know how unreliable they are. And their feature can be implemented on steemit.com too. It just depends on steemit inc if they want to do airdrop or not. With blockchain its so easy to create money out of thin air. If they sell the idea right. And hows your reward system working? Airdrop also means higher inflation rate? It's not a good coin to hold.
Thanks for the response and upvote! Yes that is really a unique thing with Blockchain how it’s very easy to create money out of thin air these days. Which is making money less powerful in a way. It’s more abundant than ever before.
I think Appics might be a place where more people will appreciate visual content rather than text. Right now, just posting images or videos on Steemit without a narrative is somewhat unpopular, so I believe having an own social media for this is a great initiative.
Well, you have apps for this on the STEEM blockchain such as Steepshot.io and dmania.lol
I know, but I'm still hesitant about using them, since everything I post there will end up on my Steemit wall. Similarly, I would not use Instagram if everything I posted there ended up on my Facebook wall.
Well said!
Steemit really needs an overhaul.
Even just in organisation of layout would make it 10 x better, integrating a proper private message function, bookmarks, etc
maybe a long term solution past the 7th day is in order.. a new steem token where active users can make a side bar for google/facebook style advertising.. all with customization of course.
I read they're redoing the User Interface
I feal the same way,thats why i dont do memes.
I couldn't manage to be active there but I had to create a separate account for posting memes.
True. I just posted about this same thing.
you are right about this one, and i do say yea,
It won't it's an inexperienced team that doesn't respond to feedback and think they can silent ban people that ask questions.
No, this is an app that is based on Steemits Smart Media Tokens. They will be bought via Steem and will most likely increase the value of Steem.
It is a competitor to Steem. That you can buy it via Steem doesn't change that's it's its own crypto-currency.
Personally, I will use both systems and I think many will. What about the Steem from the ICO that will be locked into the internal exchange for stability? Will that not be beneficial for the Steem price?
Do you think that SMT's should rather be done via the community accounts in Steem?
where is the 5% to Steem going?
Probably to community accounts and to very big Steemians but they haven't been specific about this.
Where are the technical detail on that?
Not sure what you mean by that. Community accounts?
I think that should be in the SMT whitepaper. As far as I understand it that allows for a more stable exchange of the SMT into Steem. I will read the whitepaper again in the few days. It has been a few months since my first read.
Community accounts are the hivemind feature coming with the hard fork 20 "velocity" update to the Steem blockchain. That will allow people to transform an account to a community account that will gather people for niche topics around it. I am not sure exactly how that will play out but the account would basically become some kind of decentralized account. If the community is able to find Steem Power delegations than that would probably serve as a nice alternative to SMT's.
https://steemit.com/bitcoin/@amielis/crypto-wxcoins-bbc-749c5413cab63
My sist
This is not a competitor to Steem since if you look in the Telegram post they don't even respond to quality feedback.
Btc what that
Make money
No. SMT based apps won't be competitors to Steem. They will enhance Steem and spread it worldwide.
Well technically what's to stop someone creating something that blows Steemit out the water but with their own SMT token? Actually from where I'm looking that wouldn't even be that difficult, the hardest part of creating Steemit it was probably the blockchain and the rules not so much this front end which still looks very much like a beta with many placeholders
100% agree with this.. there are soo many missed opportunities on steem. i.e. long term pay out for blogs past the 7 day.. i understand why there is a expiration at 7 days for the 50/50.. but what about side bar of advertising customization etc. based on Views and click through.. like facebook/google. with a separate token. it may be able to curtail the wholesale selling of upvotes.. give people who want to get exposure for there articles from people that are reading older articles. @i-am-mark has some good ideas.. i have been pressing him into articulating these.
I was excited about march 28th only to see now that min investment is 5k USD? Are they mad?
I also had hoped that there would be no limit.
For what it's worth, it seems like Round C and D will have no minimum limit for investing. Round A is minimum 5k usd and round B is minimum 2.5k usd. I don't see this as a bad thing. Waiting might be wise, as the product will be more ready for production, making for a safer investment.
Am I missing something? Have you seen something different than the article above? My article has no k on that minimum. It's five dollars, not five k in the article I read. Ok, I see that there are three zeros after the period. And five dollars seems silly. But I expect a comma not a period. Confusing.
Yeah, the article is wrong. In the Appics Telegram chat the minimums for round A, B, C and D are written as "$5000", "$2500", "No limitation" and "No limitation" respectively.
Awesome post, @flauwy - thanks for sharing!
The countdown is on until our ICO on march 28 ... we can't wait! 🙌
Instead of not being able to wait, have you considered postponing until SMT are ready or that you have a functional product?
This is interesting. Been thinking if I should invest my SBDs for this ICO that still don't have a product and the SMT not yet ready. Plus, Zappl and Steepshots are here already.
Can anyone join? or is it just for some people?
Thanks for the update. Super excited to see this one develop. I believe this could as some were saying, set the tone for how SMTs will effect the STEEM market. I like the fact the SMT buys STEEM off the market to stabilize the price against. This should mean positive things for the price of STEEM. Best of luck to the team! Thanks for the post!
Hey Brett, thanks for the comment. Let's see where SMT's are heading us.
Steem's first ICO, pretty interesting
Steem or Ethereum?
Steemereum lol.
It’s a really great news.
i'm looking forward to when this is released.. I have accumilated a few tokens already through f/b steem and twitter
You mean via the Bounty System? Yeah that's a pretty cool way get them.
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SMT is coming! Holding Steem!
Can't wait for this! And I agree completely man, it'll be a huge reset for photographers and video creators...But it opens it up so much with the mobile applications...
Can't wait to see what people create with it! And for the future of SMT's too :) . Big month ahead!
Sadly we have to wait until Q3 2018 for the alpha version of the app. So a bit more patience before we can start using it.
I wonder where Steepshots will be in 6 months.
That's a very good point. Steepshot is a pretty similar concept. At the moment the app doesn't work for me but the web version is awesome. Appics will be a bit more versatile with Video as well. And they will have very stable servers for that as they will use centralized Amazon servers for starters and only switch to IPFS when the network becomes more reliable.