The odds are pretty high IMO that Steem dies before SMTs ever go back onto the table (that's not to say that it's higher than 50%, but just much higher relative to Steem's position just a couple of months ago). This is the type of news that tends to kill the chances of success.

So many of the bigger accounts and whales have been selling SMTs as the true value of Steem, it's "killer app" if you will,... well, it seems as if they may be years off now, if they're ever going to happen.

That's life and while I want to add a sad face emoticon here the universe smiles on, so... :)