Since restructuring affected SMT timeline, a suggestion:
release just a subset of features allowing for basic native fungible and non-fungible token issuing, transferring and tracking. Add the more complex SMT features on top of these much later.
Having native user-issued assets will open doors for many more applications, anchoring of 3rd party currencies on STEEM, trading new pairs on the market, and new dApps.
Just a balance and basic issue/transfer/trade/burn
if possible , makes a lot of sense.
This is an excellent suggestion. @steemmonsters kind of did this releasing cards first, then the market, then games and then improved version of the game.