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RE: So Just Build Your New Site Powered by an SMT and They Will Come, Right? Ah, Probably Not.
I really agree that it would be great to have a more focused platform, although I see both positive and negative sides of introducing a new token. On Steemit, STEEM ==> Steem Power ==> Influence + More Steem. STEEM has value not just because it can be used to get more STEEM, but because it is a means of reaching the masses, so instead of an advertiser paying YouTube to get views on an ad, you pay someone who has earnt STEEM to get influence through your post. I'm afraid that by introducing more focused tokens, their value will be less definable, since they're only usable for one platform. It's just a thought, though. Good luck on your project!
Cheers!
Good points! BUT... there's that proverbial 'but' again! Ha! But the idea of the SMT (Smart Media Token) is to bootstrap the SMT to Steem while at the same time creating a token that identifies more with group (community) it represents. What that does is allows the 'Flicks' token (the Token name we expect to use for our niche community of film people) on steem.film to find its own value on its own merit as compared against STEEM overall, without directly affecting STEEM - favourably or adversely. It's a new frontier for communities. Does that make sense? Thanks for the comment.
I believe it makes sense and I hope it works out in the best way possible.
BUT one funny detail: While watching the video, I always imagined that the token name would be written as 'Flix', as in Netflix.
You know a company has done something right when its alternative spelling is more recognized than the word from whitch it's derived.
That's a very good observation. Thank you. Do you mind if we use? We haven't done the final research as yet so we don't know if it's even available but... maybe!
Feel free!