STEEM POWER SMART MEDIA TOKEN
Steem powers Smart Media Tokens
Steem is a blockchain-based rewards platform for publishers to monetize content and grow community.
Approx. USD rewards paid since June 2016:
$40,154,371
What are Smart Media Tokens?
An SMT is a native digital asset on the Steem blockchain. SMTs can be launched by anyone to help monetize online content and create incentives to encourage desired user behavior.
SMTs are like Ethereum's ERC-20 tokens, but with certain built-in ‘Proof-of-Brain’ properties and a token distribution reward system designed specifically for digital content businesses.
Learn more about SMTs
‘Proof-of-Brain’
community incentives
Proof-of-Brain is a type of tokens rewards algorithm that encourages people to create and curate content.
It enables tokens to be distributed by "upvote" and "like"-based algorithms and can be integrated with websites to align incentives between application owners and community members to spur growth.
Read the Steem Bluepaper
Posting rewards
Curation rewards
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