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RE: Dear World: How Would You Value Dlike? + My Trading Wisdom Nuggets
This is fun! I am not sure what the tokens will be good for, a lot of the SMT's I don't really understand the use cases, unless they will be used like steem, as stake on the specific platform. I have heard that each SMT will lock up a certain amount in Steem (steem-backed), which is good, but it can't be 1:1 because each platform is seemingly releasing hundreds of millions of tokens now.
Generally I like dlike, and have been using it on an alt account @ecoinstats. The more the merrier in terms of d.app-ish use cases in my opinion.
I always love to read what you are thinking about, you are one of the independent minds on steem that I trust.
Keep it up!
I also enjoy Dlike and I'm glad to see how it has improved since its inception. SMTs like APPICS have been noting but pointless fluff and I do think Dlike will have to find a solid use case (maybe advertising/promotion feature) to keep the Token value high. STEEM Hunt has actually figured things out and they create a real demand for tokens although I can't predict how powerful that demand would be.
Backing up tokens with STEEM will surely create some value. But what's the point? Automated market making will require STEEM to be locked up. But that's just providing liquidity. There is really going to be a mini-flood of SMTs. Tokens of popular platforms would maintain some value just because of their brand recognition. But most would be worth next to nothing.