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RE: Great News : Smart Media Tokens (SMTs)
Will steem be directly benefited by SMT ? So far i understood that both are different. SMT is new ICO and there will be some purchase of steem to buy the ICO however those fund will be sold after ico is over to fund the project. So what is the benefit of steem ? Why did not they made Steem the platform to issue token ? May be i am wrong.. please correct me.
Steem could be benefited by SMT like etherium benefited by the ERC 20 tokens. I see your concern when steem is being used for ICOs and the sellout that will happen after, but the real value in my openion Is giving users the opertunity to create something like steemit.com or busy.org.
lets see what will happen :)