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RE: STEEM: One Of The Few True Visions Of Crypto-Economics-That Is Why It Will Be Huge

in #busy6 years ago (edited)

@taskmaster4450 thank you for this valuable information this morning!

My thought with SMTs is this: right now we are ineed "all in this together" where one project might actually devalue Steem (not naming any) and other that I feel are adding value, getting outside interest, and getting people to BUY Steem with fiat (Steemmonsters comes to mind).

Certainly SMTs (to me) will accelerate the success and failure of projects. Pardony my ignorance but will there likely be a SMT market? How do you see that working out? I am unfamiliar with ERC20 so I am unsure on what is already happening with those tokens and how it is expected to play out.

The SMTs I am most looking forward to investing in are:

DLive (there has been no mention of how they will utilize it but I certainly feel there is an ability to generate outside funding with this project).

SteemHunt

Air-Clinic

Oracle-D (Probably one of the ones I am most excited about for bringing outside value to the blockchain).

I know there are hundreds (thousands) of projects that will pop up as we get closer and even more after the SMT release. It is just such an exciting time to be part of this. As much as it bums me out that there is not much outside excitement towards these projects, it does give me an awesome opportunity to buy other's earned influence (Steem) at a discounted price.

Steem have been good to me and I feel obligated to do what I can to buy it and help support the price.

Great article, thank you so much for the work you do here.