RE: Only one Crypto thing to discuss today right?
It's tough to start a business, and even if that business has tokens that get created automatically, it's hard to rely solely on that revenue to make ends meet. Either getting angel investors or something could have been a way to get more capital to keep things going, but I don't know if Steemit Inc decided to look at that as a solution.
Regardless of what happened, I think one of the most important things will be getting SMTs online. For the last year that has been advertised as this flagship project that would bring in billions of dollars in investment, but we haven't seen it yet. I think that needs to be Steemit Inc's biggest priority right now. I don't know what all the side projects are that have been tossed around, but it's time to knuckle down and crank out a working product.
Hopefully we'll be able to weather the bear market and that when things start picking up we'll get that wave of people that we've been told will be coming. I'm not drawing too many conclusions right now. Just trying to stay open-minded and see what happens.
I'm not so sure. I agree SMTs have been advertised as a flagship project however I don't believe it has gained much traction outside of the Steem/ Steemit bubble. I think SMTs matter most to the handful of projects that are committed to leveraging them when they get here.
I guess the expectation is that things will ramp up when SMTs arrives. I suspect even if SMTs are successful they will be a slow burn as people get to grips with how they can best be utilised.
That's fair. I don't actually know if Steem gets much exposure outside our bubble. The things that go on here can seem really important to use, but are they important to the world as a whole? Who knows?