You are viewing a single comment's thread from:
RE: Building With Steem-Engine and SCOT Token
I need the dummies version of this explanation. :) But yes, the SMTs will revive and rejuvenate steem.... I think all of us are feeling like 4pm on a sticky hot 105F Thai day while we await the blessed evening rains. But the rains ARE coming!
Basically, we will soon all be able to make our own coins, that have a built in reward pool like Steem, with a few clicks. We will be able to use these coins on our own Steemit like websites, if we decide to make our own, that only have our users content. Basically, it's pretty much everything we've been waiting for with SMTs and communities. What's also really cool, is that we can take our time to build our fancy website out, but in the mean time be able to distribute our tokens with steemit/tags.
So, in a couple months we will make our @freedomtribe version of the SCOT token and maybe call it FOLK. When you use the freedomtribe tag you will earn FOLK when you get upvote from tribe members who hold FOLK and have it staked. Eventually, if we want to, we will be able to do it all on FreeFolk.io without having to go to Steemit or worry about the tag.
I got it @richardcrill, thats is going to be amazing absolutely will be a big shot in the arm for our blockchain ! Do you think this would be a good idea too ? https://steemit.com/steemit/@gomeravibz/brave-browser-is-not-officilaly-rewarding-it-users-with-their-new-bat-token-i-would-love-to-see-steemit-to-be-part-of-this