If i understand @raised2b correctly, he is suggesting that e.g. dtube would run separately from the Steem blockchain. That sounds confusing as that would imply that an SMT would run on its own blockchain. I am quite convinced that will not be the case as they need to hold Steem to have bandwidth on the STEEM blockchain. Eager to get to the bottom of this, i am very intrigued by SMT, have a look at my last post to get more inspiration.
Thanks for taking this step, good action, will follow up.
Much love