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RE: Steem: The best is yet to come!
I've read the website https://smt.steem.io/
But have a hard time understanding what the tokens are made for, it would be great if you could explain it to me :)
I've read the website https://smt.steem.io/
But have a hard time understanding what the tokens are made for, it would be great if you could explain it to me :)
Maybe this blog I produced a few months ago will help?
https://steemit.com/smt/@abh12345/smt-for-the-attention-of-vango-com (don-t up-vote the blog, or any blog older than 7 days :) )
Basically an online business can tokenise their blogs/forums to all a rewards mechanism similar to what we have here using the Steem Blockchain.
Another example would be an online newspaper wanting to attract more readers and a bigger market share. If you could comment on your news articles of interest and be paid for it, you'd be more likely to subscribe/contribute at this location then another I think?
I hope this helps!
Thank you, I understand it better now. So it's a kind of Steem reward system for everyone's website :)
Yes pretty much :)
The rewards algorithm that has been through 19 hard-forks (and lots of testing by 'us') is just about ready to roll-out to other places.
I think it has huge potential and could mean great things for the Steem Blockchain :D
I hope so too. It's a great idea, that fits into the zeitgeist and I would love to see it on the blog of Gary Vee :)
https://www.ted.com/talks/gary_vaynerchuk_do_what_you_love_no_excuses
This guy?
Yes, It's him :)