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RE: Why Steem and Smart Media Tokens?
well it is up to us in this burgeoning steemit community to see if we can bootstrap new coins and develop new ideas...
So far we have just had the SMT announcement but no launch time or further info (I guess we will get that in due time)
I have a few ideas rattling around in my mind but I guess until more clarity is coming from @ned and the team we will have to be patient and maybe make rough drafts of our own whitepapers
Its a race to come up with the first couple of awesome SMTs. Good time to get excited, but yeah more info would be good although the WP is pretty comprehensive atm :)