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RE: Just Another Hype Post. Nothing To See Here, Move Along

in #steem6 years ago

I feel you. I definitely like your style. TBH I didn't read the whole post, but skimmed through and focused on the parts that were of the most interest to me. I think it's great that you've developed "your style" and am not surprised a lot of people like it. Ironically, the fact that it's polarizing is a good sign. Anything some people are going to love, some people are going to hate. If no one hates it, it's not very likely anyone will love it. And with respect to your token launching protocol, it sounds interesting and think it will be a great addition to Steem. That being said, I wouldn't say ICOs are a major focus of SMTs, they are just one feature. In fact, it would seem that your aims are largely the same as ours, with the key distinction being that we want everything to be done on-chain, which requires making a lot of adjustments to the Steem blockchain while yours has to do with sidechains and seems more geared towards leveraging the Steem blockchain as it exists (not being capable of issuing new Steem-like tokens). Regardless, as you say, competition never hurt anyone and our primary objective is to make Steem better, so if someone can do that better than we can, all the better. More likely, we will all simply focus on what we think is most important, and nobody else is working on, so that entrepreneurs have even more options for how to integrate Steem into their application so as to maximize success. Best of luck!

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All good, I won't take it personally. This post was really just an update, but I can't let my standards slip just because I'm not creating a work of art that will stand the test of time.

Anyway, I agree with what you say about polarizing. I think that's something that's missing from this website. It was my original gripe with Steemit and why I coined the term "circle jerk" - people are scared to piss someone off because it will mean less upvotes and less money. So they all just echo each other and give each other pats on the back. "oh wow I really like the part where you said that completely forgettable universal statement." Lame.

To tell you the truth I can't really comment on the whole SMT thing. It's tokens for Steem, a la ERC20 tokens for Ethereum? Sounds like ICOs to me. Utility tokens galore, which have unfortunately fallen out of favor especially since the latest news by the SEC that says that all ICOs are now security tokens.

I don't understand the technical nuances so I could be wrong. Anyway, nice to see someone from Steemit Inc who isn't a troll. Props.

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