did I understand SMT right? The Kardashians can tokenise themselves now?
I have read through the whitepaper and got most of what the team and @ned are launching.
But basically they are using STEEMIT as a platform (kind of like Eth) to launch ICOs and new coins of but based on the STEEM blockchain...
So in order to participate in these people would have to use steem/steem dollars to invest in the newly created coins and other websites would generate their own coins (who would then be traded where?)
but as far as I could see these coins would all be based on content creation and content curation.
So every forum and social media website where people write something or vote for something would be the target audience for SMT
If this takes off it will be a huge boost for the value of STEEM and whales will get super rich
The only thing I wonder about is what will happen to steemit as a platform for blogging... wont that lose its way in the mass of coins and competitive websites with their own coins?
just wondering... it seems to be a very good thing for the whales but I do not know about the minnows and plankton
how do you think we will make be left out here?
And as an afterthought, what if the Kardashians tokenised themselves and became the role models everyone looks up to???
Haha, I guess Paris Hilton would be first (since she already talked about Bitcoin in the past).
true enough, she is a bit more adventurous then KimK...
look at us, gossiping about the likes of them, who would have ever thought that would happen
@ned said: "I only look at Steemit now as the example of what we gonna see across websites, across content publishers".
I'm also trying to guess how we will be left out here...
But maybe competition will be good for Steemit platform growth? We have a great advantage being the first and native for Steem blockchain.
hopefully, I really want to see this as a good thing but I guess we will have to wait a bit to see how it plays out
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