RE: 100 Steem Bounty: What is the solution to a lack of SMT development?
what do we do if we need SMTs but they are not coming.
Why would you need SMTs if they don’t yet exist? Why are projects making plans for SMTs when 1) they have not been created and 2) they have not been approved by witnesses?
I’ve seen people claiming to have one of the “first SMTs” since they were announced well over a year ago. It’s just not smart to plan a project around them when we have no actual reliable info about what they’ll do and we’re relying on them being delivered by a company that consistently fails to deliver.
And in my opinion, SMTs are not needed and will in fact do more harm than good. There are bigger problems that need to be corrected instead of fixating on ICO hype that peaked a year ago. I think it’s time to give up the pipe dream and move on to more practical things.
While on the one hand I like the potential upside of SMT's. This is also a good point. If magically SMT's were released tomorrow in all their glory, the only thing we'd be depending on still is hype. There wouldn't be some sudden inflow of EARNED cash. People would still need to then build solid and stable businesses which if they REALLY wanted to and had the ability to, they could do right now with STEEM.
I think people have convinced themselves that SMT's are the second coming of STEEM, but I think we might be better off just focusing on creating a coherent user experience that can be sustained and maybe I dunno...earns some money?
What a novel concept! To use the Steem currencies and blockchain to build things instead of trying to cash in on ICO hype from last year!
Where do I sign up?