Ned Scott indeed he invented the product but also the environment where the product (The cryptocurrency steem will be used). The Tronx project is similar to Smeet in that it wants to compete with FB, Youtube, Twitter and the video game industry by giving creators control over what it has created. There is no intermediary like record companies or publishing that will take a large percentage without rewarding the author at its fair value. The difference between Smeet and Tronx is that Steem has set up a concrete platform and Dapps. It's a good article.