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RE: Smart Media Tokens by STEEM - My Explanation and Thoughts

in #steemit7 years ago

It shouldn't matter tho if i am a small investor or a big investor tho.. i love steem and most ideas behind it and i see this can be beneficial but the crypto market does not need more places to create ICO tokens. Even more so tokens that can be created

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But in saying that then you're saying you don't believe in the strength and beauty of our blockchain.
If you did, you'd want every great project to use ours.

I do and would love it if we got some awesome legit things maybe not icos but fair distribution but lets face it the ico market is gonna crash soon. So to me if we can get legit companys to use steem blockchain thats be huge. i would change my mind but i do know people are creating fake ico tokens on waves to scam people and we all know eth icos are gonna crash hard...

But the fact idk if true you can create a token for 1$ thats the same price waves used and thier was alot scam tokens made.

So i get the idea is great but not a fan any random making ico tokens.

Now i also have not read the white paper but have read in a post ypu have to vest steem to have the token work on the blockchain then this will help stop scam ICO