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RE: SMT´s To Be Launched In 2018! - What Do You Think Will Happen?

in #steem7 years ago

My feeling is the value of SMTs is the traffic that will be drawn to the STEEM blockchain. From what I understand about the protocol, it provides a great deal more than the ERC20 protocol ETH uses to ICO tokens. This could put STEEM on the roadmap.

Therefore, will SMTs directly impact the price of STEEM? No. However, with the tokens created being on this blockchain, the additional traffic will. I believe it is a gateway to really growing the ecosystem. This will be huge.

As for the content link, I agree with that. SMTs are a protocol to allow content creators to monetize their sites. This could foster a new wave of content innovation that we are not even focused upon. Common sense tells us that sites with commenting, upvoting, etc... are all potential candidates, yet there will be other things that we arent considering.

That is the wonderful aspect of decentralization.

Now if the crypto market would shake off the bear...it looks like you were right...this is going to extend a little while longer....perhaps as we near April, the bull will awaken.

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i totally agree with you point of view, the smt really will make the steem blockchain get more awareness as lots of monetization from websites of their contents might take place.

the bull is about to be awaken, and the best parts is the ability for any one to create its own token under the steem ecosystem as this will great path for many other tokens like the ethereum platform.

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