Introducing Smart Media Tokens

in #introducing7 years ago (edited)

INTRODUCING

Smart Media Tokens
A new way for publishers to monetize their online content and community, based on battle-tested blockchain technology.
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THE PROBLEM

Publishers and creators struggle to make a profit from their digital content
WHY?

It's hard for publishers to acquire a critical mass of paying subscribers.
Ad-revenue is taking a hit with the rise of ad-blockers.
Tips and donations are not viable due to the expense of processing micro-payments
Huge social networks like Facebook take profits from publishers but don't share revenue
THE SOLUTION

To enable publishers to create tokens that help monetize content and grow communities
HOW?

Tokens enable publishers to create mutually beneficial community based economic incentives to drive platform growth.
Smart tokens with near instant settlement and zero transaction fees opens up new non-advertising business models.
Publishers can also use the tokens to fundraise via an ‘Initial Coin Offering’ (ICO).
Proof-of-Brain’
community incentives
Proof-of-Brain is a type of tokens rewards algorithm that encourages people to create and curate content.

It enables tokens to be distributed by "upvote" and "like"-based algorithms and can be integrated with websites to align incentives between application owners and community members to spur growth.

Posting rewards
Curation rewards
Focus on your community and content. There's no need to be a crypto expert.
SMT's run on the Steem blockchain, which has been battle-tested for over a year on the Steemit.com blogging social network.
Steem is a zero-fee, near instant settlement blockchain that already processes more transactions per second than the Bitcoin or Ethereum networks.
After initial setup, publishers can focus on creating value for their community, rather than worrying about managing the block

Now anyone can set up their own custom token
It's quick and easy to set up your own token.
Choose from several out-of-the-box options based on common use cases, or customize your token as you wish.
Create the right incentives that will drive platform growth and reward your community.
Use the new token to fundraise from the community
Steemit.com
@good-karma
@gtg
@rickygunawannnn
@steemid

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Im really looking forward to this

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