Hello @theguruasia
But SMT is something much more complex than ETH platform and according to this update (what I feel is ) it will most likely boost demand for STEEM!
If the SMT White Paper seems complex to you and you want a detailed explanation then check out @dragosroua blog, he started an explanatory series today.
@ogochukwu,
I think you missed this from his explanation :D By the way I missed generation mechanism my bad :/
the SMT generation mechanism is way more complex than just a token issuance on the Ethereum platform.
https://steemit.com/life/@exyle/vlog-102-a-concern-about-smt-s-on-the-steem-blockchain
Cheers~