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RE: Vlog 256: Steem blockchain third year + Steemify + dporn update + Steem price.
When new projects use the SMT to launch their own token e.g ABC tocken , these new tokens is tradable on exchanges or inside the internal steem market kinds SPD ? I really want to understand how the new tokens built on SMT will be traded ( coz I read it could be tradable without the need to be listed on exchanges) .. so can anyone help me understand this process ?
Appreciate your help
🙏🏼
Someone in another blog sent me this link of bts wallet or exchange I don’t understand precisely ( is it a safe way to buy from that?!)
https://wallet.bitshares.org/#/market/PORND_BTS
Any tip .. please
Using BitShares is a safe way to buy PORND if that's what the token is called. However, PORND is not a SMT.
As mentioned earlier, SMTs are going to be tradable in the internal market once they're released.
So PORND may turn to SMT-based after SMT are released .. I guess .( only guess) but unfortunately no confirmed answer. I guess I may share Dporn Tlegram group and ask them for clearer confirmed answers. Thanks for you reply 🙏🏼
I don't understand this neither. I understood dporn as another application which will run on top of steem blockchain like dtube or utopian .... then what's the use of pornd token from bitshares? how will this work? somebody please?
Let’s search until we know. But what I know it will have its own value and so tradable token. Curation for the posts or author rewards will be steem but convertible ( maybe automatically ) to PORND token. I am not sure myself if I know more I will let you know. Appreciate if you do the same 😍
Sure. Thanks for your words.
Internal market, just like STEEM/SBD there will be ABC/STEEM pairs.
Thanks for the answer. Really excited to see steem works as a unique exchange of its kind 😎
Look at the updated comment above please
That's a really good question. I have been asking myself the same question.