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RE: We need YOUR thoughts! COMMUNITY SURVEY regarding the new SMT(Smart Media Tokens)! Come and Give your OPINION!

in #steem7 years ago (edited)

What are your initial reactions to SMT?
This is a nice move from Steem allowing the issuing of tokens and attracting users to improve their backend returns by integrating their own rewards systems on popular blog and stream sites.

Do you see this as a positive movement for the community or a negative one? and why?
Positive one in the long run because of the potential utilization, with a negative concern about there being to many coins created that will be underutilized once created example someone makes an Anna coin backed by Steemit the value would be based on Steem.
What are your main concerns?
If individuals and groups will be able to see the value in it over the long run.

What are your main questions?
If you were to start a Steemit based token how would you advertise the need for it and the value to a consumer
What is the estimated time to make a return based on adoption metrics for a possible user some best case scenarios.
How would you change perceptions to let people see utility in it.
Kind of like why would you open a Subway - SMT franchise on steemit.

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Before starting any ICO, one must fitst assess the market potential. The value of the token will initially depend on the amount of Steem funded into the SMT, after that, it's market demand. So you better have a live and active community before creating a token. Communities will not form because of a token, it's the other way around.

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