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RE: SMT: Smart Media Tokens Use Case - Vango.com
This!!!! Thankyou =) This whole SMT business seems glaringly not quite there to me. We need to be thinking about realistic use cases!! Donkeypong's now famous post seems pretty naive to me.
Hello and thanks or your input! I feel that coming up with helpful use-cases involving large pre-existing communities of common interest around X, and an SMT project that can be kick-started quickly, is going to be crucial. Why? In my opinion, the critical mass of active coin usage and trading (esp. to get strong external-to-community demand for a coin -- people willing to use fiat money to acquire the coin) may require strong network support, and if you need to build that support from scratch when you start your SMT project you are likely to have many months go by before you get up to that critical mass.