Just 3 little simple questions:
- How does SMT compete with other blockchains similar to SMT like ERC-20 and many others?
- What's in SMT that makes a crypto billionaire buy steem?
- Would you consider SMT as the convincing factor of steem or its already been a thing of the past?
SMT is less like ERC20s and more like Bitcoin Cash's SLP tokens. The point is that they are easy to make and use for non-developers. ERC20s can also be made by non-developers as well, but many average joes do not know that.
ERC20s can do almost anything a developer can think up. SMTs will be very limited, but able to be created without spending large investments on development.