What are Smart Media Tokens (SMTs)?

The Smart Media Token (SMT) is Steemit’s native digital asset. It can be embedded in web apps and used to incentivize people to engage in and develop any platform.

Smart Media Tokens (SMTs) on Steemit encourage everyone to create and sell Proof-of-Brain tokens, which are the tokens that dispersed by "upvote" and "like''-based algorithms and can be integrated into internet sites to offer rewards and stimulate growth, while websites are compelled to use sustainable, currency-centric revenue models.
On the Steem blockchain, Smart Media Tokens (SMTs) is a concept to create a consensus-level token generation system. SMTs are an improvement over previously made blockchain token authorization protocols.

These improvements include properly crafted token sale extensibility, automated liquidity providers, decentralized token markets, interactive token distribution variables, as well as a huge ecosystem of tools influenced by the innovative characteristics of the STEEM token, such as fully-automated distribution functions to content creators.