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RE: POCKET TOKENS and SMTs - TO FORK or NOT TO FORK? That Is The Question!

in #pocket7 years ago

Well, the reasoning is as follows:

  1. The SMT market is going to happen no matter what anyone thinks.

  2. By issuing 1:1 tokens, which we have seen BTC do to date a lot of and hence done all the marketing for us!
    We are increasing the demand for our current Pocket Tokens.
    So on Bitshares there shall definitely be a rise in the demand and rise in value for our current Pocket Tokens.

  3. An ICO as such would have to be done, because the SMT's are linked to a Steemit account and are dependent upon Steem Power (as defined in the above video by Ned).

  4. Yes, the two tokens shall be independent from each other, from the day GO. That is from the day that the SMT Pockets are released.

  5. As I mentioned earlier, the latest action on the BTC front have not only done all the hard work of marketing this concept, but we too here on Steemit have over 6,000 Pocket Token owners who can post about it here and on other social networks.
    Again raising awareness of our current Pocket Tokens and the new SMT Pockets (as proposed) = higher demand for BOTH!

So, this is the logic and reasoning (in short) for this proposal.

Sort:  

PS. if a group of us here were to go for it, then we would still need your assistance for the "snap shots" and so on.

It will need to be a team effort, as it shall influence the value of both the tokens, the current Pocket Tokens and the new SMT Pocket Tokens.

Sure, let me know when and if you want snapshots; I can certainly do that.

For starters,don't kill this post, help out with your ideas and advice.

https://steemit.com/smt/@jackmiller/smt-pockets-phase-1-transparent-open-and-public-discussion

;)

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