RE: Notes on Token Design Philosophy
I think you make a good point to "Release Your Own Greed" if you want to start your own token.
Be a detective and look for cases where this technology can improve things and actually solve a problem.
I remember Ned made a point in one of his videos recently that there is a big difference from the ico that will happen through SMT as opposed to Ethereum. A lot of ICOs from ethereum are ideas and tokens that most probably will end up collecting cyber dust. SMT is created to go to work right away, its not just an idea, it's a solution that can be applied directly.
This makes me certain that the ICOs that will start through SMT will change the market very quickly and actually makes a big difference as opposed to a good idea that never gets realized.
I know this post was not about SMT only but it worked well to get the point across.
So Kevin, do you have any cool idea brewing of a nice token that you want to make ?
Going for simple memes first, perhaps something along the lines of "food", "love", and "innovate / experiment" lol. I'd think most crypto ecosystems will become better when there's a circular economy - so food trading might be a big one. On the other hand, SMTs for individuals is quite like a more advanced version of Patreon..
All these topics seem interesting for sure ! I especially like "innovate / experiment" . I wonder if something like kickstarter could perhaps benefit by adopting SMT and then each project
That is launched could also choose to create their own project/ company token ? This way people would feel more incentive to put more skin in the game and some projects that might not visually seem the best but makes sense economically could get more funding