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RE: Smart Media Tokens (SMT's) Look Promising for Filmmakers and Film Funding

in #steem7 years ago (edited)

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.

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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?