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RE: Developing Steem to Its Fullest Potential - Why SMTs are Crucial, and Steemit.com Isn't So Important
Nice article! My concern with the SMT concept is that the market may be saturated with many overlapping areas in SMT's, similar to what's happened with ICO's. It'd be really nice to have a "pilot" program where a handful of SMT's were released before widespread release to set a standard for implementation and provide a backbone for successful projects. If we get 100 crapcoin social projects without any outstanding uses, the SMT project may not gain traction.
interesting idea... you're definitely right that we want to avoid a proliferation of crapcoins. How would those initial SMTs get chosen though? I'm worried that it might play into some peoples' fear that the steem ecosystem is too centralized.