Ned Announces Smart Media Tokens (SMTs) and Steemit is Loving It!

The whole Steemit is buzzing with Smart Media Tokens (SMTs) tonight. Since @ned annouced whitepaper, Steemians have taken the interest in the topic to a whole new level with wonderful posts lighting up the feeds.

Here's what Ned Scott, the CEO of Steemit, announced.

Response of Steem

Steem took off today. It went to $1.53 on Bittrex and still seems to be doing fairly well despite little drop. The announcement is a major one and will leave an even bigger impact on price of Steem once the news becomes mainstream. Watch out.

Response of Steemians

Steemians seem to be joyous about the new development. It's simply amazing to see the massive response coming in.

The generous @donkeypong came up with the most realistic fiction ever by writing a perfect use case of SMTs in his arbitrary family newspaper business. Absolutely gold!

Another excited user is @firepower who says that Smart Media Tokens will be game changers.

Going a step further than announcment, @dougkarr explained in animation how Smart Media Tokens work.

While I write this, @ned is back with another explanation on why creat Smart Media Tokens. Watch it here.

The @the-alien also thinks of SMTs as game changers. The amazing @jerrybanfield is already warming up to promote the announcement all over the internet. The creator of eSteem app, @good-karma, is already pursuading people on why to build on Steem blockchain.

Conclusion

This Smart Media Token development is one of the greatest news for the Steemit community as well as the internet technology. We are witnessing a paradigm shift. We are seeing the Steem Blockchain become more than what Ethereum blockchain has ever managed to become, despite having some amazing platforms built on it already.

What do you think?