When Steemit announced their plans for Smart Media Tokens (SMT) we saw the first SMT announcing their plans shortly after: Appics presents a mobile photography and video sharing platform. They are doing a great job at promoting their Steem-based cryptocurrency so far and the Pre-ICO was sold out in merely 26 minutes. The main ICO is starting at March 28. Until then you can already use their Bounty System to earn the first Appics tokens before their are even issued.
In this video I present my reason why I am so excited about this app and what I will use it for.
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Super excited for the APPICS SMT! I’m looking to invest at least something in the ICO. APPICS can help with user interface and easier posting requirements that can help with mass adoption! Looking forward to the rest of 2018!! Thanks for the post! Resteem
Great video....thanks @flauwy.
One other great thing..in their white paper they set aside, I believe, 12M Appics to airdrop to STEEM holders.
So there are many ways to get Appics tokens without paying for them.
I liked what you said about a separate ecosystem altogether...Steepshot is cool but it makes the blog part of Steemit very messy if one is taking a lot of pics.
Interesting idea to reserve a few STEEM to pay for Appics...are their levels like Dolphin the same...do you have a breakdown of what their levels are?
I just assumed to use the same classification for Dolphin as on Steemit: 5000 SP or 10.000.000 MVests.
Great point about the airdrop! I knew that but I forgot about it in the video. It’s an awesome bonus for all of us and might enrich the Appics ecosystem. But it also puts a selling pressure on the coin.
Initially it could although with only 12M slated for airdrop, each person, based upon 256M, would get roughly .04 Appic per STEEM. Therefore there wont be all that many issued to make people rush out and sell it.
The Whales might dump but I figure I will get about 680 Appics...at .15 that is about $100...not worth selling might as well hold.
I thought I’d seen in their communications somewhere that it is a controlled drop, not just airdropping on all Steem holders. I believe they may just have tokens set aside to give to influencers and community leaders they’ll recruit and handpick. I’ll have to see if I can find where I saw that...
That is news to me...not saying it isnt the case....
If that is so, I would love to see it....it would be great if you could find it.
12M to the entire STEEM ecosystem doesnt make sense when I think about it...what you are saying makes a bit more sense.
Just screenshotted the thread I remembered with my phone...
Thanks a lot...that sums it up.
We will see who are selected. LOL
To be honest, I still don't understand the need for SMTs. Why cant they just build these applications on the Steem Blockchain directly? Why dilute the pool with so many other tokens? I tried asking @ned on YouTube but I don't think he'll ever see it.
I'm only just beefing up my SP here, I feel it's a bit of a distraction to jump to SMTs. Am I crazy? I know I'm missing something crucial here. I'd be grateful if someone clears this up for me :)
The SMT's WILL be built on the Steem blockchain, but will allow people to create their own tokens, that can grow diverse and focused communities. The benefit for Steem holders will be that all these people will have to go through the Steem blockchain to do it, as well as use Steem to trade in these newly-created tokens.
I suggest that you read the SMT Whitepaper - it's 60 pages and it blew my mind with all the possibilities it presents for Steem.
I think it has the potential to make Steem the number one blockchain in the world, and I do not say that lightly!
Thank you for your response. It's basically indirect Steem then.
So in essence, I should carry on beefing up my Steem then :)
PS: 60 pages 😳
SMT's create the potential to expand out the STEEM ecosystem exponentially. Take the time to listen to this interview:
https://steemit.com/dtube/@davidpakman/9asytuyu
Hi,
Thanks for your response. I did watch that interview earlier today and it did clear up some questions in my mind. This bit made sense to me from what you just said:
So basically it's a way to accelerate the growth of Steem Blockchain. Fair enough.
It wasn't definitely of 60 pages when I read it first, is this the updated whitepaper?
I agree with @tasmaster4450 concerning the difference to steepshot. I would love to use steepshot a lot. Just posting a pic, but then it feels like one is not being regarded as "lazy" if you don't write a lot of text, even if you had to fly to the other side of the world to get that pic. So I am excited for Appics!
Yeah babs, let's rock Appics from day one and become Appics millionaires! :D
btw nice hat ;)
Found it in Real de Catorce...
They have really done above expectations in promoting their steem-based cryptocurrency. Well, let me watch the video to know the reason why you are very much excited about it and probably I could learn one or two things from you in terms of its usage.
Ich bin sehr aufgeregt über Appics.
Ich denke einfach das es viel einfacher zu adaptieren ist, als Steemit.
Gerade in der mobilen Zeit, wo wir unser Handy quasi immer dabie haben und Content produzieren können.
Ich freue mich richtig dauf :)
Wirst du metherwallet benutzen, wenn ich fragen darf?
Ich habe my ehrlich gesagt noch gar keine Gedanken darüber gemacht wie ich die tokens speicher. Da sie vor der SMT Einführung rauskommen werden sie via Ethereum zwischengepsichert, oder?
Meines Wissens nach ja.
Die Macher davon haben in einem ihrer Newsletter auch empfohlen sie via myetherwallet zu speichern.
Wenn du eine konkrete Vorgehensweise hast, dann lass es mcih wissen :)
Hey my friend @flauwy Amazing videos ! I enjoyed your content. Keep up the good work! It's always nice to see good content here on Steemit
Appics on of the interesting and exciting project looks quite fun and a great project but it needs to come soon as it already got some competitors
Well, I think it will get the Steem bonus and find just a bunch of content producers from Steemit who will migrate both content wise as well as financially. Plus, Appics will most likely get tons of investor money. They are doing an amazing job flying around the world and presenting Appics at big conferences.
interesting. Feels like a clone of Instagram, but on the blockchain better fore the small User
Exactly!
What does the bounty system do?
Nice Video !
Follow you ;)
Bounty system is a good mobile app.
Sounds awesome! Thanks for bringing it to our attention, it's vital for people to do this or we would never know about innovative new things such as this.
Keep up the great work!
Sounds great! Thanks for the info! Upvoted
Haha if you don't know about APPICS by now, then you just might need to be brought into the future...
A clear substitute for Instagram and the others as APPICS brings alot more to the table...
Awesome video @flauwy
Nice! This should really increase demand for STEEM!
Good job @flauwy I just signed up bounty style :)
Looks like I have another job to do..
Thanks for the new lead!!
There's a problem with their bounty management application or are they doing this intentionally I don't know but they give too low stakes than they have claimed to give on their Announcement. But they completely ignored it(not a reply at all) when I tried to mention about this issue to too.
Pretty Amature team? or....?
Will check Appics out, but then there will be a lot of apps to manage for ourselves as we still like using the mainstream media apps (Insta, Pinterest, FB, YT and so on.) on top of Steemit/Busy and DTube. Maybe, we have to slowly move away from them and prioritize our time on social media.
Appics has a great team sold out ico in just minutes this is going to be huge :)
you are super excited for this and i can't wait to see how smt's will be implemented :)
I am also Exited about Smart Media Tokens.Which brings lot of devlopers to our community.
Beautiful video. Great post sir. Thank you so much for sharing.
everyone seem to be exciting but you shared it in a great way about it thanks for sharing :)
Some very interesting developments going on here. Really exciting and a lot to keep up with. Thanks for breaking it all down. I'm going to see if I can't get in on the action, early on.
Great review... I understand the value of Appics platform now!
How to participate in Airdrops - https://blog.coinswitch.co/airdrops-everything-you-need-to-know-84b2fa0d005d