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RE: @ned Announces Smart Media Tokens (SMTs)!
The author chose to decline payouts for this post. Quite often, employees of steemit choose to decline payouts in order to leave those rewards in the pool for other users. Another good reason to decline payouts is if you are reposting material that isn't yours. You may want to share the information but do not feel you should earn rewards for someone else's work.
Thanks for explaining. It's good people are being honourable.