What makes Smart Media Token a Game and life Changer

Social network has been in existence for a while than you can ever imagine. Some years back before facebook, twitter and traditional social network became famous, bullet board system like, forum was a sort of famous social media which people interacts and share ideas, also email accounts like yahoo among others can not be left out of the circle. All or most of the traditional social systems are centralized, that is , there are some entity responsible for the control and access of your account, they can restrict your action, tap into your data and sell them if they wish. Most of these traditional centralizes socail system were established with the end goal of tapping into their users data or information in other to monetize them or sell them to marketing comapnies that will monetize their informations without sharing rewards with the so called users or contributors. But most of the time the users failed to recognise the fact that their datas are been sold or monetized the centralized system which are control by some people without sharing revenue with anybody.
Decentralized networks like Steemit has come to change that,and it is changing our world to a better place. Steemit is a decentralized social network written in C++ which rewards it users with crypto or token called Steem and liquid reward called Steem Dollar for posting and curating quality content. Decentralized system has a lot of benefits. It gives users lot more flexibility and control over their content, unlike the traditional network and all your data on blockchain are safe and secure. As they can not be sold to any third parties.
Any way, that is not what am here to discuss about today, just have to share preview advantages of decentralized system over traditional ones. Today i will be discussing about the new development by Steemit CEO @ned and teams of developers @theoretical @vandeberge @itwasntme @zgredek @pychol-mychol @small.minion @youkaicountry @picokernel
and some Contributors @sneak @vandeberg @valzav @youkaicountry @justinw @goldibex @pkattera, Konwn as #### Smart Media Tokens.
I do not know what to say than i am fully excited to hear this development about Smart Media Token (SMTs) coming up. I was checking on new post yesterday when I came across the post by @ned concerning the development that many souls have been waiting for. With the Introduction of SMTs which gives anyone the authority to launch and sell proof-of-Brain token which are distributed by upvotes and like - based algorithms which has been tested and proved postive on Steemit, Busy.org and other steem applications. With Smart Media Tokens it si possible for website owners to integrate steemit like reward system to their platform for their users to share rewards. You can also launch ypur own ICO, and generate income on your internet platform like blog, applications, webportals and lot more by monetizing them. This will help the internet communities to grow faster. THis is different from the way the traditional sysytem as been operating, because traditonal sysytems depend on ad revenue sharing and affiliates network sales which make it very hard for users to make money on time and make it possible for the traditiona systems to generate huge revennue out of the hardwork of their users. I will call that cheating.
It is time for popular discussion forums and other platform to adopt Smart Media Token into their system to reward their users and contributors. This blockchain era is chainging our world for good, especially Steem blockchain. Thanks to the creator and his teams. Steemit has changed my life positively. It is time for some loyal users to start receiving rewards for their good works. I will inform some good discussion forums and blogs in my country about this development and this also will pave way for many application and webdevelopers too. To have first hand information about the development yu can download the white paper here Smart Media Tokens White Paper.
let me share few out of the whitepaper

Smart Media Tokens (SMTs) is a proposal to build a consensus-level token issuance protocol on the Steem blockchain. Inspired by the revolutionary properties of the STEEM token, including automatic distributions to content creators, SMTs will be an upgrade beyond previously created blockchain token issuance protocols due to carefully designed token sale programmability, automated liquidity providers, decentralized token markets and dynamic token distribution parameters, as well as a large ecosystem of tools (open source wallets, shared key signing tools, etc.) for integrations at website and application layers. SMTs are an evolution of the successful relationship established between STEEM and the social websites sitting atop of it, such as steemit.com, which has grown to be a top 2100 website in Alexa rankings in less than one year, solely from integrating the incentive model of STEEM. With SMTs, any website or content library across the internet may have
one or more tokens integrated into its interface to facilitate fundraising and autonomous growth. These tokens are designed to allow website operators flxibility during the integration of the token into their community by choosing from many parameters that may be structured creatively at outset or refied over time. Any tokens launched as SMTs shall benefi from a
blockchain ecosystem built with an inbuilt decentralized exchange, as well as an ecosystem of open-source applications and libraries to support successful deployment, fundraising, and growth.
And also watch this video by @ned

source
You can read the original @ned post on his blog on steemit.

Please Resteem, and upvote to spread this good news.