I would think crowd-sourced funding would be a more effective way of raising funds for a film project where most anyone contributing would not expect a ROI, but would contribute for love of the project. I agree that ICO's must have a potential long-term ROI to attract capital.
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No. Crowd sourcing expects a donation from your pocket. That's asking a lot these days and doesn't do a damn bit of good for the poor in Africa, Venezuela etc. On the other hand, with an SMT one can earn from the platform by posting original content and build not only a better financial circumstance for themselves but the freedom to support what ever cause they choose. It's about freedom. ICO's aren't even a part of it . Watch the blogs I do that start with (TOOTTC). It's a film we are doing funding it as we go along through rewards.
I completely understand that while there is NO ROI with crowd-sourced funding, any income generated for a project on a SMT platform is short-lived... unless that algorithm changes. Otherwise, I believe you lost me in this discussion.
The token is an instrument designed to have a forever life. The platform is the steem platform. The site that is enabled with an SMT is built on the Steem platform. You earn SMT tokens for the posts of original content you make on the site. Keep posting and people will up-vote your post if they like what you're saying and you earn rewards. You can leave the tokens on your site in the hope they will grow in value or you can turn them into cash. You can continue ding that until the day you die. It is not short-lived at all. Does this help?
Are you talking about Steemit? Or another site built on the Steem blockchain? Unless things change, "one post" is not going to raise much past 7 days. I guess you are loosing me when you are claiming to be "raising funds for a project." How do you raise funds for a project that is already completed and posted (enabled) to earn revenues after the fact?
Beep! Beep! This humvee will be patrolling by and assisting new veterans, retirees, and military members here on Steem. @shadow3scalpel will help by upvoting posts from a list of members maintained by @chairborne and responding to any questions replied to this comment.