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RE: 💡 Have you already joined the official Smart Media Token (SMTs) Telegram channel for receiving the latest news updates?

in #steemit • 7 years ago (edited)

Hi @metzli, thanks for your questions!

How will SMT’s help steem? I thought steem was an SMT...

No no, STEEM is not a Token, it´s a cryptocurrency with it´s own blockchain. The SMTs will enable smart media contracts and the creation of tokens on the STEEM blockchain. 👍

This will attract new startups to use the STEEM blockchain for creating new payment tokens, doing ICO´s etc. and this is helping STEEM & Steemit to grow even more faster than now.

7 years ago in #steemit by
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     7 years ago  

    SMTs also have the possibility of mainstream media content producer to move over to the blockchain to create an ecosystem with their content in the search of monetizing a user base theough their attention rather than ads.