SMT seems to be hyped up quite a bit recently on here, I don't suppose you care to explain briefly what's the advantage of it?
I know from briefly looking at their website that they're utilizing the Steem blockchain, but what's wrong with the current system of SP, SBD etc. Where will the SMT fit in?
Thanks :)
From what I understand, SMTs are basically custom made tokens, similar to ERC-20 tokens on the Ethereum blockchain.