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RE: Maybe I will launch an SMT - Some random thoughts.

in #smt5 years ago

"Think about what you need to sell. What is the thing you want to exchange for a currency that someone else possesses? What is its value? Why should someone want it? Why should they give you anything for it? Why does it have a value?"
This part of my thought process was not covered in the post. Obviously I think my hairbrain idea is the best out there and someone will rob it if I give to much away lol ( I wish)

The idea I am toying with would look way more like an in-game currency rather than a crypto.

The main reason i am considering a token is a control thing. I have no control over steem or the steem blockchain. the top 20 witnesses could decide there be no rewards pool on the base chain after smts are launched. Or they could make other changes that dont fit my needs lets just say. One of the reasons I am attracted to steem is the lack of control of even a contacts list when using other platforms. Because I don't know where steem as a token is heading ( like the rest of us) I feel that loss of control slipping back in. And I don't mean where its heading value-wise.

Value is what someone makes of it. Although steem aint worth a lot, if it is use to claim a discount on a course with me 20 steem ( or as I call them to the non steem users, 20 tokens) will get you 50% off any of my courses. Whats 20 steem worth now...like less than $3. My lowest value course is €56. My highest I think is €249. I like to think I am offering value.

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