The Merkle Hash posted a very positive article about Steemit and SMT tokens.
Steemit Announces its Smart Media Tokens Testnet Launch » The Merkle Hash https://themerkle.com/steemit-announces-its-smart-media-tokens-testnet-launch/
Taken from the article:
The name Smart Media Tokens seems to hint at how this venture will work exactly. It is a new digital asset that resides on the Steem blockchain. The ultimate goal is to allow anyone in the world to launch this asset and use it to either create incentives or monetize their content. This venture is very different from ERC20 tokens, as the distribution reward system is tailored toward digital content businesses. That in itself shows this new approach is designed with a long-term vision in mind.
Steemit's Smart Media Tokens Live on Testnet - http://markets.businessinsider.com/news/1028600848
Good to see some positive news on this platform. Looking forward to seeing what the future holds. It's pretty exciting watching this platform grow from close to the start. Onwards and upwards!