To be honest, I don't see how this works for a regular blog. By my reading of the whitepaper you're not bringing the STEEM token to your blog, you're bringing your own SMT token to the blog. Sure you can reward people with your very own MyBlogToken, but what good does that do them if your tokens have no value? I mean how would they get any value unless you have people actually buying those tokens. That could be you - you could be buying your tokens for $ creating a value but where does that money come from? How are you rewarded by your blog to do that buying? Well you'd have to sell advertising, or allow a third party pay with those tokens to put their own "promoted" content on your blog.

I don't see any evidence yet that an SMT promoted content ad-agency is in existence yet, or even if it will ever be. Do you see that kind of thing on Steemit? Sure there's a promoted content tab but do you ever look at it? I don't.

So I think you'd be back to using plain old Google AdSense as before, ploughing some percentage of that revenue into buying your token to give it value, and hoping that SMT drives lots more traffic to your site which increases your ad-revenue which you re-invest which drives up your token price which brings you more traffic etc. etc. in a wonderful virtuous circle.

But yeah, at least for now - I think you won't be ditching putting ads on your blog anytime soon.

And if all that sounds a bit complicated for a one person blog to do - it is. I'm pretty certain you'll have to use a 3rd party service that would set all that up, manage ad-placement, the token reinvestment etc. etc. for a cut.

At least until there is an ad-network that can place inventory on SMT powered sites using the promoted content mechanism. But I really don't know how that would work.