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RE: Failure replaced by cities and rivers of Steem
The most important thing here is Steem is the first of his kind so don't know what is going to happen. Expect any application from SMT's. Also a question... Once SMT's are implemented what Steem should focus on?
Pushing them out far and wide and making steem the blockchain for ownership and empowerment of content and community.
So marketing is the answer hahaha
Solid application development focusing on end user adoption will help.