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RE: A Skeptical view on Tokenization
I feel like I'm the only one that questions current trend of all the steemit clones and the entire tokenization that is currently going on with the Steem-Engine.
You aren't alome. As a Steem maximalist I don't buy these weird tokens.
They ain't fooling this skeptic, nonono.
I have started staking PAL I get from post rewards, but I sold my airdrop. Too soon? Well in hindsight, I underestimated the discontent in Steem.
I'm wondering when SMT comes we will have two systems.
Also market cap of PAL is getting tempting enough for one of the devs to do an oopsie.
The ecosystem is getting more and more complicated. And people feel like they are missing out if they lose something.
I was not sure what to do so I staked most of them but also sold a bit. I think I'll just use the earned PAL to get upvotes from now on unless there I can see some fundamental value in them.
One thing is for sure, SMT's will make things even more complicated and EIP will cut down on the earnings making the step for new users even bigger.