Fyrstikken & Fyrst-Witness 100% Support for SMTs - It will make an incredible demand on STEEM!
After going through all the available material and discussing SMTs with @SteemSpeak users pros & cons I have concluded in agreement that SMT is a brilliant step forward for STEEM and will be supporting it 100%
It has been tried before with various grade of success in for example Colored Bitcoins, NXT, HZ, Burst, BitShares, Ethereum Tokens just to mention a few, and the reason I believe SMTs will work perfectly for steem is because of our large community that just keeps growing and growing, the winning factor - People!
People make Clubs, Communities, Businesses & Smart Technology that need tokens
And with a super fast, stable and secure network that we have it is almost a duty and requirement to make it easy for everyone to issue their own tokens and ICO them or Distribute them in the ways the issuer sees fit.
In my opinion, SMTs will create an incredible growing demand for STEEM
One of the winning factors in Ethereum has been ICOs on user issued smart contracts/tokens which elevated Ethereum to heights nobody saw coming. I believe we will see the same thing happening with STEEM after SMTs has been successfully released, in fact - People and Businesses currently hosting their assets with other networks are now preparing themselves to move their operations to STEEM because of the unique environment STEEM can offer, speed, stability, accuracy and hundreds of thousands of human beings that soon will grow into millions and millions of more human beings using and utilizing SMTs on STEEM and/or participating in many of the upcoming SMT-Projects.
To learn more about SMTs and why they are important, check out the whitepaper and links below
https://smt.steem.io/smt-whitepaper.pdf
https://smt.steem.io/
https://steemit.com/steem/@ned/explainer-value-flows-on-steem-with-smts-video
https://steemit.com/steem/@ned/smart-media-tokens-why-we-re-doing-it-video
Steems going to grow like crazy in the next few years aswell, so this is a great idea.
Nice frent
Follow my @imamalkimas
Dette blir knall i padden :D
hold meg oppdatert :)
Enig med du ;)
the future of STeem looks bright, i see it have a lot of potential with this upgrade. Better to HODL now, and shine later
I see that too, more potentials with better experience.
I hope so my friend i hope so ...
SMT is going to break the sky, the hype is huge.
upvoted ;-) gling
If we do see user issued smart contracts/tokens, that will indeed become a game changer. I'm all for it.
Also think a good idea for tokens that will attract more users and will promotes STEEM. Great idea.
it will surely take steem to the moon. really brilliant move by steemit inc
I've been waiting for your take on this. Really wanted to hear your input on this as I've spent quite a lot of time over the weekend trying to educate myself on SMTs and their probable effect on the platform and Steem price going forward. Great explanation and I concur that the community here gives Steem a unique advantage in this regard.
Very exciting times, glad I've been holding my steem!