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RE: Will the new SMTs help or hurt STEEM?
A SMT will be exchanged through STEEM, so we won't have a pack of SMTs and STEEM only one of them. We will have STEEM, and after that a cluster of SMTs over STEEM. Market-wise, this will in all probability help interest for STEEM, as a token.
Additionally, the SMT age system is far more mind boggling than only a token issuance on the Ethereum stage. When you dispatch a SMT, you truly dispatch a thin layer of Steem-application-forms over your substance, including your own particular prizes pool, your own particular swelling model, your own particular voting and curation calculations and your own vesting component.
Hope this helps.
I'm not sure I understand what you mean. In your first paragraph when you say "A SMT will be exchanged through STEEM..." what does that mean exactly? What happens under the hood if someone wants to purchase some of an SMT? How exactly does it help interest for the STEEM token?
I understand why SMTs are much more powerful than tokens on Ethereum, but I still don't understand how that helps the original STEEM token itself.
any token is an asset issued on top of the STEEM blockchain and it's traded in a token/STEEM pair, so the steem is major trading pair for any SMT in this way it helps steem token itself.
Listen, you @bbomber. I find this comment you steel from @dragosroua ten times today. You playing with fire. Just saying.